According the report, Rising demand for higher lighting output at less power consumption is one of the primary growth factors for the market. Importance of LED Technology in Cultivation Application is also expected to contribute significantly to the Solid State Lighting market. Overall, Automotive Lighting applications of Solid State Lighting, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Solid State Lighting market identified that the demand is rising in many different parts of the world as "Government Initiatives for the Development of Smart Cities in Asia Pacific Region ". One of the challenges that industry facing is "Low Brightness and Efficiency of Solid State Lighting"

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Solid State Lighting market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Solid State Lighting market and other related sub-markets covered in the study.

o Key & emerging players in the Solid State Lighting market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Solid State Lighting market size is calculated using market estimation process, the Solid State Lighting market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Solid State Lighting market size has been validated using both top-down and bottom-up approaches.