The solid state lighting market is expected to witness growth during the forecast period due to drastic reduction in energy consumption with the use of solid state lighting. The market is expected to be driven by increase in awareness among population on the profound influence of lighting on human health. The ongoing development of solid state lighting offers remarkable technical features, which are estimated to revolutionize the solid state lighting industry. Increase in government-sponsored industry consortia further accelerates the industry growth. Therefore, attributed to these factors, the solid state lighting market is expected to experience steep growth in the near future.