Market Overview:
The global SMD LEDs market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient lighting solutions and rising awareness about the benefits of LED lights over traditional lighting sources. In terms of type, the 5050 SMD LED module segment is expected to hold a major share in the global SMD LEDs market during the forecast period. This can be attributed to its high efficiency and low power consumption as compared to other types of LED modules.
Product Definition:
SMD LEDs are surface-mounted devices that emit light. They are often used in electronic displays and lighting because they are very small and efficient.
5050 SMD LED Module:
5050 SMD LED module is a kind of small-sized light-emitting diode (LED) package that has two leads, which are connected together by means of a common wire. It has the advantage over conventional single color LEDs in that it can be used in multiple colors and brightnesses simultaneously.
The 5050 SMD LED module is mainly applied to the surface mount device (SMD) LEDs market as they have more than two leads.
3528 SMD LED Module:
3528 SMD LED module is a kind of small light emitting diode, which has a size of 5mm by 4.5mm and can be used in various applications such as backlighting, indicators or any other application where small size and high brightness are required. It's also known as mini-light-emitting diode because of its small size.
Application Insights:
The application segment of the global SMD LEDs market is segregated into home illumination, shop-windows, advertising, automobile interior lighting and others. The home illumination segment dominated the overall application segment in 2017 owing to increasing use of SMD LEDs for general lighting purposes in residential applications. Moreover, growing preference for energy-efficient products has resulted in increased demand for such modules across various end-use segments including household applications and office spaces.
The shop-window display segments are expected to witness significant growth over the forecast period due to rising adoption of LED lightings as a signifier of high quality and improved service standards among retail stores globally. Advertisers also prefer using this technology owing to low power consumption that results in reduced electricity bills which eventually leads to profit margins improvement on a business level as well.
Regional Analysis:
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to increasing demand for LEDs in various applications. The region accounted for a revenue share of more than 35% in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2030. This can be attributed to growing product adoption in advertising, shop-windows, automobile interior lighting and others applications across countries such as China, Japan, India and Australia among many others.
The Europe regional market captured a revenue share of more than 25% in 2016 owing the high adoption rate of SMD LEDs across major countries such as Germany, U.K.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions: SMD LEDs are more energy efficient as compared to other types of LED lights and this is driving their adoption in a number of applications.
- Rising demand for LEDs in automotive lighting: Automotive manufacturers are increasingly adopting LEDs in headlamps, tail lamps, and other exterior lighting applications due to the superior performance offered by these devices.
- Growing popularity of LED TVs: With the increasing popularity of LED TVs, there is a corresponding rise in demand for SMD LEDs used in backlighting TV panels.
- Proliferation of smart devices: The proliferation of smart devices such as smartphones, tablets, and wearable gadgets is fueling the demand for small form factor (SMD) LEDs that can be used in a wide range of applications such as illumination, notification alerts, and camera flashes etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
SMD LEDs Market Research Report
By Type
5050 SMD LED Module, 3528 SMD LED Module, 3020 SMD LED Module, 5630 SMD LED Module, Others
By Application
Home Illumination, Shop-Windows, Advertising, Automobile Interior Lighting, Others
By Companies
Bridgelux, Inc, EVERLIGHT, ITW Group, Sun Top Electronics, Philips Lighting, Nichia, SAMSUNG, EPISTAR, Cree, Osram, Bridgelux, Inc, Toyoda Gosei, Semileds
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global SMD LEDs Market Report Segments:
The global SMD LEDs market is segmented on the basis of:
Types
5050 SMD LED Module, 3528 SMD LED Module, 3020 SMD LED Module, 5630 SMD LED Module, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Illumination, Shop-Windows, Advertising, Automobile Interior Lighting, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bridgelux, Inc
- EVERLIGHT
- ITW Group
- Sun Top Electronics
- Philips Lighting
- Nichia
- SAMSUNG
- EPISTAR
- Cree
- Osram
- Bridgelux, Inc
- Toyoda Gosei
- Semileds
Highlights of The SMD LEDs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 5050 SMD LED Module
- 3528 SMD LED Module
- 3020 SMD LED Module
- 5630 SMD LED Module
- Others
- By Application:
- Home Illumination
- Shop-Windows
- Advertising
- Automobile Interior Lighting
- 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 SMD LEDs 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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
SMD LEDs are self-contained LEDs that use a small number of LED chips. This makes them more efficient and less expensive than traditional LED lights.
Some of the major players in the smd leds market are Bridgelux, Inc, EVERLIGHT, ITW Group, Sun Top Electronics, Philips Lighting, Nichia, SAMSUNG, EPISTAR, Cree, Osram, Bridgelux, Inc, Toyoda Gosei, Semileds.
The smd leds market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 SMD LEDs 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 SMD LEDs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 SMD LEDs 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 SMD LEDs 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 SMD LEDs Market Size & Forecast, 2018-2028
4.5.1 SMD LEDs Market Size and Y-o-Y Growth
4.5.2 SMD LEDs Market Absolute $ Opportunity
Chapter 5 Global SMD LEDs 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 SMD LEDs Market Size Forecast by Type
5.2.1 5050 SMD LED Module
5.2.2 3528 SMD LED Module
5.2.3 3020 SMD LED Module
5.2.4 5630 SMD LED Module
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global SMD LEDs 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 SMD LEDs Market Size Forecast by Applications
6.2.1 Home Illumination
6.2.2 Shop-Windows
6.2.3 Advertising
6.2.4 Automobile Interior Lighting
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global SMD LEDs 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 SMD LEDs 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 SMD LEDs Analysis and Forecast
9.1 Introduction
9.2 North America SMD LEDs 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 SMD LEDs Market Size Forecast by Type
9.6.1 5050 SMD LED Module
9.6.2 3528 SMD LED Module
9.6.3 3020 SMD LED Module
9.6.4 5630 SMD LED Module
9.6.5 Others
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 SMD LEDs Market Size Forecast by Applications
9.10.1 Home Illumination
9.10.2 Shop-Windows
9.10.3 Advertising
9.10.4 Automobile Interior Lighting
9.10.5 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 SMD LEDs Analysis and Forecast
10.1 Introduction
10.2 Europe SMD LEDs 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 SMD LEDs Market Size Forecast by Type
10.6.1 5050 SMD LED Module
10.6.2 3528 SMD LED Module
10.6.3 3020 SMD LED Module
10.6.4 5630 SMD LED Module
10.6.5 Others
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 SMD LEDs Market Size Forecast by Applications
10.10.1 Home Illumination
10.10.2 Shop-Windows
10.10.3 Advertising
10.10.4 Automobile Interior Lighting
10.10.5 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 SMD LEDs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific SMD LEDs 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 SMD LEDs Market Size Forecast by Type
11.6.1 5050 SMD LED Module
11.6.2 3528 SMD LED Module
11.6.3 3020 SMD LED Module
11.6.4 5630 SMD LED Module
11.6.5 Others
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 SMD LEDs Market Size Forecast by Applications
11.10.1 Home Illumination
11.10.2 Shop-Windows
11.10.3 Advertising
11.10.4 Automobile Interior Lighting
11.10.5 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 SMD LEDs Analysis and Forecast
12.1 Introduction
12.2 Latin America SMD LEDs 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 SMD LEDs Market Size Forecast by Type
12.6.1 5050 SMD LED Module
12.6.2 3528 SMD LED Module
12.6.3 3020 SMD LED Module
12.6.4 5630 SMD LED Module
12.6.5 Others
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 SMD LEDs Market Size Forecast by Applications
12.10.1 Home Illumination
12.10.2 Shop-Windows
12.10.3 Advertising
12.10.4 Automobile Interior Lighting
12.10.5 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) SMD LEDs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) SMD LEDs 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) SMD LEDs Market Size Forecast by Type
13.6.1 5050 SMD LED Module
13.6.2 3528 SMD LED Module
13.6.3 3020 SMD LED Module
13.6.4 5630 SMD LED Module
13.6.5 Others
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) SMD LEDs Market Size Forecast by Applications
13.10.1 Home Illumination
13.10.2 Shop-Windows
13.10.3 Advertising
13.10.4 Automobile Interior Lighting
13.10.5 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 SMD LEDs Market: Competitive Dashboard
14.2 Global SMD LEDs 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 Bridgelux, Inc
14.3.12 Toyoda Gosei
14.3.13 Semileds
