The global high power LEDs market is expected to grow at a CAGR of 16.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for energy-efficient lighting solutions and the growing need for cost-effective lighting solutions in developing countries.
1W High Power LEDs are expected to account for the largest share of this market during the forecast period, owing to their low cost and high efficiency. 3W High Power LEDs are expected to account for a significant share of this market due to their higher brightness levels and longer lifespan than 1W High Power LEDs. 5W High Power LEDs are also expected to witness significant growth in terms of revenue due their higher brightness levels than 3W High Power LEDS and lower price points than 1W or 3W High Power LEDS.
Oil & Gas is projected as one of the fastest growing application segments in terms of revenue, owing primarily due its increasing demand from various industries such as construction, mining industry, railway, aerospace & defense etc, which require efficient lighting solutions that can withstand harsh environments such as extreme temperatures or vibrations without compromising on performance or durability.
Some Of The Growth Factors Of This Market:
- High power LEDs are used in a wide range of applications, including automotive lighting, backlighting for LCD displays, and general illumination.
- The high power LED market is expected to reach USD 3 billion by 2020.
- High power LEDs are more energy efficient than traditional light sources.
Industry Growth Insights published a new data on “High Power LEDs Market”. The research report is titled “High Power LEDs Market research by Types (1W High Power LEDs, 3W High Power LEDs, 5W High Power LEDs, Others), By Applications (Oil & Gas, Construction, Mining Industry, Railway, Aerospace & Defense, Other), By Players/Companies Lumileds, Broadcom, Cree, Adafruit, Lumex, LED Engin, OSRAM Oslon, TT Electronics, Seoul Semiconductor, Luxeon, Nichia, Vishay, Wurth Electronics, Justar LED Lighting, SunLED Company”.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Power LEDs Market Research Report
By Type
1W High Power LEDs, 3W High Power LEDs, 5W High Power LEDs, Others
By Application
Oil & Gas, Construction, Mining Industry, Railway, Aerospace & Defense, Other
By Companies
Lumileds, Broadcom, Cree, Adafruit, Lumex, LED Engin, OSRAM Oslon, TT Electronics, Seoul Semiconductor, Luxeon, Nichia, Vishay, Wurth Electronics, Justar LED Lighting, SunLED Company
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global High Power LEDs Market Report Segments:
The global High Power LEDs market is segmented on the basis of:
Types
1W High Power LEDs, 3W High Power LEDs, 5W High Power LEDs, 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
Oil & Gas, Construction, Mining Industry, Railway, Aerospace & Defense, Other
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:
- Lumileds
- Broadcom
- Cree
- Adafruit
- Lumex
- LED Engin
- OSRAM Oslon
- TT Electronics
- Seoul Semiconductor
- Luxeon
- Nichia
- Vishay
- Wurth Electronics
- Justar LED Lighting
- SunLED Company
Highlights of The High Power 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:
- 1W High Power LEDs
- 3W High Power LEDs
- 5W High Power LEDs
- Others
- By Application:
- Oil & Gas
- Construction
- Mining Industry
- Railway
- Aerospace & Defense
- Other
- 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 Power 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?
High power LEDs are LEDs that produce more light than regular LEDs. They are typically used in applications where a higher output is needed, such as lighting or signage.
Some of the major companies in the high power leds market are Lumileds, Broadcom, Cree, Adafruit, Lumex, LED Engin, OSRAM Oslon, TT Electronics, Seoul Semiconductor, Luxeon, Nichia, Vishay, Wurth Electronics, Justar LED Lighting, SunLED Company.
The high power leds market is expected to register a CAGR of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Power LEDs Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Power LEDs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Power LEDs Market - Supply Chain
4.5. Global High Power LEDs Market Forecast
4.5.1. High Power LEDs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Power LEDs Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Power LEDs Market Absolute $ Opportunity
5. Global High Power LEDs Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High Power LEDs Market Size and Volume Forecast by Type
5.3.1. 1W High Power LEDs
5.3.2. 3W High Power LEDs
5.3.3. 5W High Power LEDs
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Power LEDs Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High Power LEDs Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Construction
6.3.3. Mining Industry
6.3.4. Railway
6.3.5. Aerospace & Defense
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Power LEDs Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High Power LEDs Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High Power LEDs Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High Power LEDs Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High Power LEDs Demand Share Forecast, 2019-2026
9. North America High Power LEDs Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High Power LEDs Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High Power LEDs Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Construction
9.4.3. Mining Industry
9.4.4. Railway
9.4.5. Aerospace & Defense
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Power LEDs Market Size and Volume Forecast by Type
9.7.1. 1W High Power LEDs
9.7.2. 3W High Power LEDs
9.7.3. 5W High Power LEDs
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High Power LEDs Demand Share Forecast, 2019-2026
10. Latin America High Power LEDs Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High Power LEDs Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High Power LEDs Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Construction
10.4.3. Mining Industry
10.4.4. Railway
10.4.5. Aerospace & Defense
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Power LEDs Market Size and Volume Forecast by Type
10.7.1. 1W High Power LEDs
10.7.2. 3W High Power LEDs
10.7.3. 5W High Power LEDs
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High Power LEDs Demand Share Forecast, 2019-2026
11. Europe High Power LEDs Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High Power LEDs Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High Power LEDs Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Construction
11.4.3. Mining Industry
11.4.4. Railway
11.4.5. Aerospace & Defense
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Power LEDs Market Size and Volume Forecast by Type
11.7.1. 1W High Power LEDs
11.7.2. 3W High Power LEDs
11.7.3. 5W High Power LEDs
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High Power LEDs Demand Share, 2019-2026
12. Asia Pacific High Power LEDs Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High Power LEDs Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High Power LEDs Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Construction
12.4.3. Mining Industry
12.4.4. Railway
12.4.5. Aerospace & Defense
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Power LEDs Market Size and Volume Forecast by Type
12.7.1. 1W High Power LEDs
12.7.2. 3W High Power LEDs
12.7.3. 5W High Power LEDs
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High Power LEDs Demand Share, 2019-2026
13. Middle East & Africa High Power LEDs Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High Power LEDs Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High Power LEDs Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Construction
13.4.3. Mining Industry
13.4.4. Railway
13.4.5. Aerospace & Defense
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Power LEDs Market Size and Volume Forecast by Type
13.7.1. 1W High Power LEDs
13.7.2. 3W High Power LEDs
13.7.3. 5W High Power LEDs
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High Power LEDs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Power LEDs Market: Market Share Analysis
14.2. High Power LEDs Distributors and Customers
14.3. High Power LEDs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lumileds
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Broadcom
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cree
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Adafruit
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lumex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LED Engin
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. OSRAM Oslon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TT Electronics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Seoul Semiconductor
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Luxeon
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nichia
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Vishay
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wurth Electronics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Justar LED Lighting
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SunLED Company
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
