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Global Solid State Lighting Market Worth $56.79 Billion by 2018

The SSL Market by types includes Light emitting diodes (LED), Organic light emitting diodes (OLED) and Polymer based light emitting diodes (PLED). Global SSL Market is expected to reach $56.79billion by 2018, at an estimated CAGR of 18.7% from 2013 to 2018 with backlighting and general lighting application contributing to the global SSL applications market with a share of 87% in 2012 and is expected to record high growth in coming years. APAC is the leading region in the overall SSL Market with 50% of market share in 2012; followed by North America at 23.9% and Europe with 19.9%.

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