Global High Brightness Light Emitting Diodes LED Sales Market by Type (High Brightness Polarized Light Emitting Diodes, High Brightness AlGaInP Light Emitting Diodes), By Application (Automotive Application, General Lighting, Backlighting, Mobile, Signals & Signage, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global High-Brightness Light-Emitting Diodes (LED) Market size is projected to reach USD 5.06 billion by 2028, at a CAGR of 11.4% during the forecast period. The major drivers for this market are the cost-effective and energy-efficient properties of LED lighting systems. Moreover, LED lights have long lifetimes, which reduces maintenance costs and guarantees optimal performance for years on end without any decrease in brightness or color quality. A study has also found that using LEDs as street lights can reduce CO2 emissions by up to 76%. This reduction in carbon emission will help meet the goals set out by the Paris Agreement on Climate Change in 2015 when 195 countries agreed to take measures to combat climate change.
High-brightness light-emitting diodes (LEDs) are semiconductor devices that emit bright and energy-efficient lights. These LEDs can be either in the form of a cold cathode or hot cathode, with the former being much more common. The LED's intensity is determined by a current or voltage running through it, which generates a light-emitting diode. LEDs use semiconductors to produce light. This produces a less hot and more efficient form of lighting than traditional incandescent lights or fluorescent lamps. LEDs are typically used in backlighting, as well as for various other purposes such as digital displays, traffic signs, LED billboards, etc. In general, they have much lower total power consumption than traditional lighting methods.
On the basis of Type, the global high-brightness light-emitting diodes (LED) market is segmented into high brightness polarised light-emitting diodes and high brightness AlGaInP light-emitting diodes.
High Brightness Polarised Light-Emitting Diodes:
High brightness polarised light-emitting diodes are a type of LED that emits polarized light. This is different than the incandescent lights and fluorescent lamps, which emit unpolarized light. High brightness polarised light-emitting diodes are the most common type of LED. The advantage to these types of LEDs is that they give off a high quality, bright light with clear colors and no flickering while also utilizing less power than both incandescent lights and fluorescent lamps. For this reason, many people choose to replace their old incandescent or fluorescent bulbs with high brightness polarised light-emitting diodes for more efficient lighting in their homes.
High Brightness AlGaInP Light-Emitting Diodes:
High brightness AlGaInP light-emitting diodes are a type of LED that emits unpolarized light. These LEDs have many advantages in comparison to incandescent and fluorescent lights, including less power consumption while also providing bright, clear colors with no flickering. This has lead many people to choose high brightness AlGaInP light-emitting diodes over incandescent or fluorescent bulbs for efficiency reasons in their homes.
On the basis of Application, the global high-brightness light-emitting diodes (LED) market is segmented into automotive application, general lighting, backlighting, mobile, signals and signage, and others.
Automotive Application:
The automotive application of high-brightness light-emitting diodes (LED) is a type of vehicle lighting that produces nonstop illumination, which also does not produce glare. This can be helpful in the case where street lights or headlights on vehicles are being obscured by fog or other things.
High brightness LED's have become common for many automobiles due to their superior longevity and low power consumption when compared with incandescent bulbs. LEDs last about 50 times longer than halogen bulbs and up to 25 years so it saves money over time while lasting as long as regular car headlights do now but without having to replace them every year like you would an old filament bulb.
Many new cars use this kind of bulb because they use less power and also have a greater range of light for drivers. These bulbs are usually used in the headlights to give more lighting because they emit an even, blue-white color which is different than other lights that might use yellow or orange colors which can cause glare from foggy conditions such as rain.
General Lighting:
The general lighting application is one of the largest applications worldwide, and it includes many different kinds of LED light bulbs. These lights are used in residential homes for various purposes such as accenting certain areas or providing a little extra light when needed. This market has also seen an increase from consumers who have switched to LEDs because they last longer than traditional incandescent lamps (paper-filament) that required frequent replacement.
LEDs can be found in everything from table lamps, floor lamps, recessed downlights, ceiling fans with integrated up-lighters, fluorescent replacements including ENERGY STAR qualified models through outdoor fixtures like security posts and streetlights - all represent opportunities for growth within this particular segment.
Backlighting:
The backlighting application of high-brightness light-emitting diodes is the use of LEDs to produce a uniform, bright and clear image on screens. Backlighting refers to the use of LED light-emitting diodes behind a display for illumination, such as LCD panels in televisions and computer monitors. A backlight will illuminate an otherwise dark surface from one side, making it visible through the other. Traditional bulbs make this type of light by passing electricity through a thin film or coating on the inside glass of a bulb where they then emit energy outwards (incandescent). LEDs are used because they do not get hot like incandescent lights thereby avoiding damaging sensitive electronic equipment with heat build-up which can cause operational problems over time. LEDs also last longer than traditional filament-based lamps.
Mobile:
Mobile displays and backlight are the main application of high-brightness light-emitting diodes (LED) for mobile. The mobile display consumes 40% to 60% of power in a smartphone, so it is important to make this process as efficient as possible by optimizing the performance of LED backlights and LEDs inside displays.
Signal And Signage:
Signal and signage are the applications for high-brightness light-emitting diodes (LEDs) which is a significant market for these devices. These LEDs are used in various types of signs, such as traffic signals, street lights, LED screens that display data to drivers, airport runway lighting systems, etc. The rapid development of communication technologies has led to some new applications such as onboard information systems in public transportation vehicles.
On the basis of Region, the global high-brightness light-emitting diodes (LED) market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The global high-brightness light-emitting diodes (LED) market has been segmented region-wise. North America is the leading regional contributor to the LED industry and accounted for over 37% of total revenue share in 2017, whereas the Asia Pacific was at a close second with 30%. The other regions namely Latin America, Europe, and Middle East & Africa have contributed 23%, 18%, and 12% respectively.
Growth Factors For The Global High-Brightness Light-Emitting Diodes (LED) Market:
The global high-brightness light-emitting diodes (LED) market is witnessing significant growth across all the regions. The increasing demand for LEDs in electronics and lighting has been one of the major drivers fuelling this growth. This factor will continue to support this market’s expansion during the forecast period, until 2028.
This market is expected to exhibit robust growth during the forecast period, owing to its wide range of applications. For instance, it has been found that LED technology can be used for general lighting as well as automotive application. It also offers significant cost savings in backlighting and mobile phones due to which many manufacturers are looking forward to adopting this technology.
Up Market Research published a new report titled “High Brightness Light Emitting Diodes LED Sales Market research report which is segmented by Types (High Brightness Polarized Light Emitting Diodes, High Brightness AlGaInP Light Emitting Diodes), By Applications (Automotive Application, General Lighting, Backlighting, Mobile, Signals & Signage, Others), By Players/Companies Epistar Corp, Cree, Inc., Philips Lumileds, Moritex Corporation, Samsung Electronics Co Ltd, Seoul semiconductor, Osram Opto Semiconductor, American Bright Optoelectronics Corps, Nichia Corporation, Toyoda Gosei, Eaton Corporation, Everlight Electronics Co., Ltd., Intematix Corporation, GE Lighting Solutions, LG Innotek Co Ltd, Broadcom Ltd., Kingbright Electronic Co, Ltd, International Light Technologies”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | High Brightness Light Emitting Diodes LED Sales Market Research Report |
By Type | High Brightness Polarized Light Emitting Diodes, High Brightness AlGaInP Light Emitting Diodes |
By Application | Automotive Application, General Lighting, Backlighting, Mobile, Signals & Signage, Others |
By Companies | Epistar Corp, Cree, Inc., Philips Lumileds, Moritex Corporation, Samsung Electronics Co Ltd, Seoul semiconductor, Osram Opto Semiconductor, American Bright Optoelectronics Corps, Nichia Corporation, Toyoda Gosei, Eaton Corporation, Everlight Electronics Co., Ltd., Intematix Corporation, GE Lighting Solutions, LG Innotek Co Ltd, Broadcom Ltd., Kingbright Electronic Co, Ltd, International Light Technologies |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 242 |
Number of Tables & Figures | 170 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global High Brightness Light Emitting Diodes LED Sales Market Report Segments:
The market is segmented by Type High Brightness Polarized Light Emitting Diodes, High Brightness AlGaInP Light Emitting Diodes and By Application Automotive Application, General Lighting, Backlighting, Mobile, Signals & Signage, Others.
Some of the companies that are profiled in this report are:
- Epistar Corp
- Cree, Inc.
- Philips Lumileds
- Moritex Corporation
- Samsung Electronics Co Ltd
- Seoul semiconductor
- Osram Opto Semiconductor
- American Bright Optoelectronics Corps
- Nichia Corporation
- Toyoda Gosei
- Eaton Corporation
- Everlight Electronics Co., Ltd.
- Intematix Corporation
- GE Lighting Solutions
- LG Innotek Co Ltd
- Broadcom Ltd.
- Kingbright Electronic Co, Ltd
- International Light Technologies
High Brightness Light Emitting Diodes LED Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the High Brightness Light Emitting Diodes LED Sales Market
Overview of the regional outlook of the High Brightness Light Emitting Diodes LED Sales Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The High Brightness Light Emitting Diodes LED Sales Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of High Brightness Light Emitting Diodes LED Sales Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. High Brightness Polarized Light Emitting Diodes
2. High Brightness AlGaInP Light Emitting Diodes
7. By Application:1. Automotive Application
2. General Lighting
3. Backlighting
4. Mobile
5. Signals & Signage
6. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Brightness Light Emitting Diodes LED Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the High Brightness Light Emitting Diodes LED Sales Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Brightness Light Emitting Diodes LED Sales Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Brightness Light Emitting Diodes LED Sales Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Brightness Light Emitting Diodes LED Sales Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Brightness Light Emitting Diodes LED Sales Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Brightness Light Emitting Diodes LED Sales Market Size & Forecast, 2018-2028
4.5.1 High Brightness Light Emitting Diodes LED Sales Market Size and Y-o-Y Growth
4.5.2 High Brightness Light Emitting Diodes LED Sales Market Absolute $ Opportunity
Chapter 5 Global High Brightness Light Emitting Diodes LED Sales Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Type
5.2.1 High Brightness Polarized Light Emitting Diodes
5.2.2 High Brightness AlGaInP Light Emitting Diodes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Brightness Light Emitting Diodes LED Sales Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Applications
6.2.1 Automotive Application
6.2.2 General Lighting
6.2.3 Backlighting
6.2.4 Mobile
6.2.5 Signals & Signage
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Brightness Light Emitting Diodes LED Sales Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Brightness Light Emitting Diodes LED Sales Analysis and Forecast
9.1 Introduction
9.2 North America High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Type
9.6.1 High Brightness Polarized Light Emitting Diodes
9.6.2 High Brightness AlGaInP Light Emitting Diodes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Applications
9.10.1 Automotive Application
9.10.2 General Lighting
9.10.3 Backlighting
9.10.4 Mobile
9.10.5 Signals & Signage
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Brightness Light Emitting Diodes LED Sales Analysis and Forecast
10.1 Introduction
10.2 Europe High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Type
10.6.1 High Brightness Polarized Light Emitting Diodes
10.6.2 High Brightness AlGaInP Light Emitting Diodes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Applications
10.10.1 Automotive Application
10.10.2 General Lighting
10.10.3 Backlighting
10.10.4 Mobile
10.10.5 Signals & Signage
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Brightness Light Emitting Diodes LED Sales Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Type
11.6.1 High Brightness Polarized Light Emitting Diodes
11.6.2 High Brightness AlGaInP Light Emitting Diodes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Applications
11.10.1 Automotive Application
11.10.2 General Lighting
11.10.3 Backlighting
11.10.4 Mobile
11.10.5 Signals & Signage
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Brightness Light Emitting Diodes LED Sales Analysis and Forecast
12.1 Introduction
12.2 Latin America High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Type
12.6.1 High Brightness Polarized Light Emitting Diodes
12.6.2 High Brightness AlGaInP Light Emitting Diodes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Applications
12.10.1 Automotive Application
12.10.2 General Lighting
12.10.3 Backlighting
12.10.4 Mobile
12.10.5 Signals & Signage
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Brightness Light Emitting Diodes LED Sales Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Type
13.6.1 High Brightness Polarized Light Emitting Diodes
13.6.2 High Brightness AlGaInP Light Emitting Diodes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Brightness Light Emitting Diodes LED Sales Market Size Forecast by Applications
13.10.1 Automotive Application
13.10.2 General Lighting
13.10.3 Backlighting
13.10.4 Mobile
13.10.5 Signals & Signage
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Brightness Light Emitting Diodes LED Sales Market: Competitive Dashboard
14.2 Global High Brightness Light Emitting Diodes LED Sales Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Epistar Corp
14.3.2 Cree, Inc.
14.3.3 Philips Lumileds
14.3.4 Moritex Corporation
14.3.5 Samsung Electronics Co Ltd
14.3.6 Seoul semiconductor
14.3.7 Osram Opto Semiconductor
14.3.8 American Bright Optoelectronics Corps
14.3.9 Nichia Corporation
14.3.10 Toyoda Gosei
14.3.11 Eaton Corporation
14.3.12 Everlight Electronics Co., Ltd.
14.3.13 Intematix Corporation
14.3.14 GE Lighting Solutions
14.3.15 LG Innotek Co Ltd
14.3.16 Broadcom Ltd.
14.3.17 Kingbright Electronic Co, Ltd
14.3.18 International Light Technologies