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Global LED Array Market by Type (Standard-Density Integrated Arrays, High-Density Integrated Arrays), By Application (PCBs, Electronic Components) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-797
  • Author: Up Market Research
  • Rating: 5.0
  • Total Reviews: 62
  • No. Of Pages: 221
  • Format:
  • Pub. Date: 2021-03-01
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The Global LED Array Market size is projected to grow from USD 4.08 billion in 2021 to USD X.XX billion by 2028, at a CAGR of 6.4% from 2021 - 2028. The major factors driving the growth of this market are growing demand for low-power and longer lifetime LEDs, increasing use of high-density arrays for PCBs and electronic components applications, and growing utilization of high-densities arrays in emerging markets such as China and India due to their lower cost owing to economies of scale.

An LED array is a group of LEDs mounted together on the same circuit board. These arrays are used in many applications, such as panels and boards for medical equipment, power supplies, LCD TVs and monitors, computers/servers (e.g., blade servers), wearable devices like watches or fitness trackers; automotive headlights lights; flashlights; and various signage. The features of an LED array depend on the type of LED array. There are two types of LED arrays: standard-density integrated arrays and high-density integrated arrays. Standard-density integrated arrays have fewer LEDs per square inch than high-density integrated arrays. They are typically used in lower brightness applications, such as TVs, monitors, signs, and flashlights.

On the basis of Type, the global LED array market is segmented into Standard-Density Integrated Arrays and High-Density Integrated Arrays.

Standard-Density Integrated Arrays:

Standard-Density Integrated Arrays are used for illumination, displays, and other lighting applications. They are available in different sizes, shapes, and colors. These arrays have a single LED die mounted on a lead frame with an associated reflector. The array is encapsulated using molded plastic optics that focus the light into the desired beam shape. Standard-density integrated arrays are the most common type of LED package. They offer low manufacturing costs and excellent reliability.

High-Density Integrated Arrays:

High-Density Integrated Arrays are LED components that offer high light output but require less space. This is possible due to the advanced design and technology used in the production of these devices. They are often used in backlighting and signage applications. High-density integrated arrays offer a number of features that are not available in standard-density arrays. These include: Higher packing density for more LEDs per unit area, Increased lumen output due to higher current densities, Reduced thermal resistance, allowing for higher operating temperatures and thus increased reliability, Wider viewing angles.

On the basis of Application, the global LED array market is segmented into PCBs and Electronic Components.


LED arrays are used in PCBs to provide lighting for the board. The LED array is mounted on the PCB and provides light for the system. This allows the PCB to be lit up and visible when it is in use. The LED array can also be used to indicate the status or other information about the system. By using an LED array, the PCB can be illuminated without external power. This allows the system to be smaller and more efficient.

Electronic Components:

LED arrays are used in a variety of electronic components, including televisions, phones, and computer monitors. They are also used in traffic lights, automobile headlights, and other outdoor lighting fixtures. LED arrays are often brighter and more efficient than traditional lightbulbs, making them the preferred choice for many electronic applications. Additionally, they last much longer than traditional lightbulbs.

On the basis of Region, the global LED array market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to dominate the global LED array market in terms of revenue during the forecast period. The Asia Pacific market is projected to grow at the highest CAGR from 2021 to 2028. The demand for LED arrays in Europe is expected to grow at a significant rate due to the increasing penetration and awareness of its benefits among end-users.

LED arrays are widely used for various applications in the Latin American region. They have grown to be a major player in most of the industries, especially electronics and automotive. The increasing demand for LED arrays is expected to remain high due to several factors such as government support, rising disposable incomes, the growing penetration rate of smartphones across different geographies, etc. The market for LED arrays in the Asia Pacific is gaining momentum because of increasing demand from various end-user industries, such as consumer electronics and automotive. Furthermore, huge investments by major players across the region are expected to create new opportunities for LED array manufacturers over the forecast period.

Growth Factors For The Global LED Array Market:

The growth factors for the global LED array market are increasing demand for energy-efficient lighting solutions, the rising trend of miniaturization in the electronics and semiconductor industry, and growing awareness about the benefits of LEDs over conventional lighting solutions. Additionally, the LED array market is witnessing a surge in demand from various end-use industries such as automotive, consumer electronics, and lighting. This is mainly owing to the advantages offered by LED arrays over traditional light sources in terms of performance, efficiency, and cost. Moreover, the ongoing trend of the Internet of Things (IoT) is also expected to fuel the demand for LED arrays in the near future. The growing popularity of IoT-enabled devices is resulting in an increase in the number of applications that require lighting, which is subsequently fueling the demand for LED arrays.

Up Market Research published a new report titled “LED Array Market research report which is segmented by Types (Standard-Density Integrated Arrays, High-Density Integrated Arrays), By Applications (PCBs, Electronic Components), By Players/Companies Bridgelux, Inc, EVERLIGHT, ITW Group, Sun Top Electronics, Philips Lighting, Nichia, SAMSUNG, EPISTAR, Cree, Osram, iLUXZ”. 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 LED Array Market Research Report
By Type Standard-Density Integrated Arrays, High-Density Integrated Arrays
By Application PCBs, Electronic Components
By Companies Bridgelux, Inc, EVERLIGHT, ITW Group, Sun Top Electronics, Philips Lighting, Nichia, SAMSUNG, EPISTAR, Cree, Osram, iLUXZ
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 221
Number of Tables & Figures 155
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 LED Array Industry Outlook

Global LED Array Market Report Segments:

The market is segmented by Type Standard-Density Integrated Arrays, High-Density Integrated Arrays and By Application PCBs, Electronic Components.


Some of the companies that are profiled in this report are:

  1. Bridgelux, Inc
  3. ITW Group
  4. Sun Top Electronics
  5. Philips Lighting
  6. Nichia
  9. Cree
  10. Osram
  11. iLUXZ

LED Array 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 LED Array Market

Overview of the regional outlook of the LED Array 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.

LED Array Market Overview

Highlights of The LED Array Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of LED Array Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Standard-Density Integrated Arrays

                2. High-Density Integrated Arrays

       7. By Application:

                1. PCBs

                2. Electronic Components

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the LED Array 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

LED Array Market Statistics

Reasons to Purchase the LED Array 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 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Array 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 LED Array Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 LED Array 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 LED Array 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 LED Array Market Size & Forecast, 2018-2028 
      4.5.1 LED Array Market Size and Y-o-Y Growth 
      4.5.2 LED Array Market Absolute $ Opportunity 

Chapter 5 Global LED Array 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 LED Array Market Size Forecast by Type
      5.2.1 Standard-Density Integrated Arrays
      5.2.2 High-Density Integrated Arrays
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global LED Array 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 LED Array Market Size Forecast by Applications
      6.2.1 PCBs
      6.2.2 Electronic Components
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global LED Array 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 LED Array 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 LED Array Analysis and Forecast
   9.1 Introduction
   9.2 North America LED Array 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 LED Array Market Size Forecast by Type
      9.6.1 Standard-Density Integrated Arrays
      9.6.2 High-Density Integrated Arrays
   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 LED Array Market Size Forecast by Applications
      9.10.1 PCBs
      9.10.2 Electronic Components
   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 LED Array Analysis and Forecast
   10.1 Introduction
   10.2 Europe LED Array 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 LED Array Market Size Forecast by Type
      10.6.1 Standard-Density Integrated Arrays
      10.6.2 High-Density Integrated Arrays
   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 LED Array Market Size Forecast by Applications
      10.10.1 PCBs
      10.10.2 Electronic Components
   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 LED Array Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific LED Array 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 LED Array Market Size Forecast by Type
      11.6.1 Standard-Density Integrated Arrays
      11.6.2 High-Density Integrated Arrays
   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 LED Array Market Size Forecast by Applications
      11.10.1 PCBs
      11.10.2 Electronic Components
   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 LED Array Analysis and Forecast
   12.1 Introduction
   12.2 Latin America LED Array 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 LED Array Market Size Forecast by Type
      12.6.1 Standard-Density Integrated Arrays
      12.6.2 High-Density Integrated Arrays
   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 LED Array Market Size Forecast by Applications
      12.10.1 PCBs
      12.10.2 Electronic Components
   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) LED Array Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) LED Array 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) LED Array Market Size Forecast by Type
      13.6.1 Standard-Density Integrated Arrays
      13.6.2 High-Density Integrated Arrays
   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) LED Array Market Size Forecast by Applications
      13.10.1 PCBs
      13.10.2 Electronic Components
   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 LED Array Market: Competitive Dashboard
   14.2 Global LED Array Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Bridgelux, Inc
      14.3.2 EVERLIGHT
      14.3.3 ITW Group
      14.3.4 Sun Top Electronics
      14.3.5 Philips Lighting
      14.3.6 Nichia
      14.3.7 SAMSUNG
      14.3.8 EPISTAR
      14.3.9 Cree
      14.3.10 Osram
      14.3.11 iLUXZ
Segments Covered in the Report
The global LED Array market has been segmented based on

By Types
  • Standard-Density Integrated Arrays
  • High-Density Integrated Arrays
By Applications
  • PCBs
  • Electronic Components
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Bridgelux, Inc
  • ITW Group
  • Sun Top Electronics
  • Philips Lighting
  • Nichia
  • Cree
  • Osram
  • iLUXZ

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