High power LED market will reach at an estimated value of USD 6.60 billion and grow at a CAGR of 4.20% in the forecast period of 2021 to 2028. Rising long life and continuous usage is an essential factor driving the high power LED market.
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Market Overview:
High power LEDs are the type of LEDs with higher brightness index than conventional LEDs due to higher current levels and power dissipation. These LEDs are basically used in general lighting, mobile phones, signal lighting, and applications requiring high luminosity. Increasing environmental concerns are discouraging the fluorescent light market and also helps in providing positive outlooks for the high power LED industry.
Some of the major players operating in the High Power LED Market are
Cree, Inc., NICHIA CORPORATION, OSRAM GmbH, SAMSUNG, EVERLIGHT, Lumileds Holding B.V, EPISTAR Corporation, LG INNOTEK, Broadcom, Excelitas Technologies Corp., High Power Lighting Corporation, Lextar Electronics Corporation, ROHM Co. Ltd., Kingbright Electronic Co. Ltd, Würth Elektronik GmbH & Co. KG, Seoul Semiconductor Co., Ltd, Luckylight Electronics Co., Ltd, Plessey, Betlux Electronics Co., Ltd, EFFILUX, Lite-On, Crescent Opto Private Limited, Vollong Electronics Co.,Limited, Stanley Electric, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global High Power LED Market Scope
High power LED market is segmented on the basis of packaging type, application and wattage. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of packaging type, high power LED market is segmented into flip chip, mesa, and vertical.
- Based on application, the high power LED market is segmented into general lighting, automotive, flash lighting and backlighting.
- The high power LED market is also segmented on the basis of wattage into 1-2.9 W, 3-4.9 W, 5-10 W and4 >10 W.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global High Power LED Market
Part 04: Global High Power LED Market Sizing
Part 05: Global High Power LED Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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