The global LED chips market is expected to grow at a CAGR of 8.5% 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 rising adoption of LED technology in various applications such as automotive, backlight sources, display screens, signage and general lighting. The global LED chips market is segmented on the basis of type into lateral chip LEDs, vertical chip LEDs and flip chip LEDs. The lateral chip LEDs segment accounted for a major share in 2018 owing to their high efficiency and low cost per unit area. The vertical chip LEDs segment is expected to grow at a CAGR of 9% during the forecast period owing to their high luminous efficacy and low power consumption. Flip-chip LEDs are expected to witness significant growth due to their higher luminous efficacy than other types of chipsets along with lower production costs compared with other types of chipsets. On the basis of application, this market is divided into automotive, backlight sources, display screens (LCD/LED), signage (LED) and general lighting (LED). The automotive sector accounted for a major share in 2018 due its increasing demand for energy efficient solutions that reduce fuel consumption while driving vehicles on highways or city roads; it also helps reduce carbon emissions by up to 40%.
Some Of The Growth Factors Of This Market:
- The LED chips market is driven by the increasing demand for energy-efficient lighting solutions, which are more cost-effective than traditional lighting solutions such as incandescent and fluorescent lamps.
- The LED chips market is also driven by the increasing demand for high-quality and long-lasting light sources in various applications such as automotive, aviation, and medical sectors among others.
- Stringent government regulations on power consumption have led to increased adoption rates of energy efficient lighting solutions like LEDs which has resulted in increased demand for LED chips from this sector.
Industry Growth Insights published a new data on “LED Chips Market”. The research report is titled “LED Chips Market research by Types (Lateral Chip LED, Vertical Chip LED, Flip Chip LED), By Applications (Automotive, Backlight Sources, Display Screen, Signage, General Lighting, Other), By Players/Companies Nichia, Philips Lumileds, Cree, Toyoda Gosei, OSRAM, Epistar, Tyntek, Genesis Photonics, Lextar, Formosa Epitaxy, OPTO-TECH, Seoul Semiconductor, Samsung, LG Innotek, San'an Opto, Changelight, Aucksun, ETI, Lattice Power, Tong Fang, HC SemiTek”.
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Chips Market Research Report
By Type
Lateral Chip LED, Vertical Chip LED, Flip Chip LED
By Application
Automotive, Backlight Sources, Display Screen, Signage, General Lighting, Other
By Companies
Nichia, Philips Lumileds, Cree, Toyoda Gosei, OSRAM, Epistar, Tyntek, Genesis Photonics, Lextar, Formosa Epitaxy, OPTO-TECH, Seoul Semiconductor, Samsung, LG Innotek, San'an Opto, Changelight, Aucksun, ETI, Lattice Power, Tong Fang, HC SemiTek
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global LED Chips Market Report Segments:
The global LED Chips market is segmented on the basis of:
Types
Lateral Chip LED, Vertical Chip LED, Flip Chip LED
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
Automotive, Backlight Sources, Display Screen, Signage, General Lighting, 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:
- Nichia
- Philips Lumileds
- Cree
- Toyoda Gosei
- OSRAM
- Epistar
- Tyntek
- Genesis Photonics
- Lextar
- Formosa Epitaxy
- OPTO-TECH
- Seoul Semiconductor
- Samsung
- LG Innotek
- San'an Opto
- Changelight
- Aucksun
- ETI
- Lattice Power
- Tong Fang
- HC SemiTek
Highlights of The LED Chips 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:
- Lateral Chip LED
- Vertical Chip LED
- Flip Chip LED
- By Application:
- Automotive
- Backlight Sources
- Display Screen
- Signage
- General Lighting
- 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 LED Chips 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.
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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?
LED Chips are chips that use light emitting diodes (LEDs) to produce an output. LED Chips can be found in a variety of shapes and sizes, but they all have one thing in common: they are small, lightweight, and easy to use.
Some of the key players operating in the led chips market are Nichia, Philips Lumileds, Cree, Toyoda Gosei, OSRAM, Epistar, Tyntek, Genesis Photonics, Lextar, Formosa Epitaxy, OPTO-TECH, Seoul Semiconductor, Samsung, LG Innotek, San'an Opto, Changelight, Aucksun, ETI, Lattice Power, Tong Fang, HC SemiTek.
The led chips market is expected to register a CAGR of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Chips 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. LED Chips Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Chips Market - Supply Chain
4.5. Global LED Chips Market Forecast
4.5.1. LED Chips Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Chips Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Chips Market Absolute $ Opportunity
5. Global LED Chips 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. LED Chips Market Size and Volume Forecast by Type
5.3.1. Lateral Chip LED
5.3.2. Vertical Chip LED
5.3.3. Flip Chip LED
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Chips 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. LED Chips Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Backlight Sources
6.3.3. Display Screen
6.3.4. Signage
6.3.5. General Lighting
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Chips 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. LED Chips 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 LED Chips 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. LED Chips 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 LED Chips Demand Share Forecast, 2019-2026
9. North America LED Chips 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 LED Chips 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 LED Chips Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Backlight Sources
9.4.3. Display Screen
9.4.4. Signage
9.4.5. General Lighting
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 LED Chips Market Size and Volume Forecast by Type
9.7.1. Lateral Chip LED
9.7.2. Vertical Chip LED
9.7.3. Flip Chip LED
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 LED Chips Demand Share Forecast, 2019-2026
10. Latin America LED Chips 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 LED Chips 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 LED Chips Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Backlight Sources
10.4.3. Display Screen
10.4.4. Signage
10.4.5. General Lighting
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 LED Chips Market Size and Volume Forecast by Type
10.7.1. Lateral Chip LED
10.7.2. Vertical Chip LED
10.7.3. Flip Chip LED
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 LED Chips Demand Share Forecast, 2019-2026
11. Europe LED Chips 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 LED Chips 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 LED Chips Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Backlight Sources
11.4.3. Display Screen
11.4.4. Signage
11.4.5. General Lighting
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 LED Chips Market Size and Volume Forecast by Type
11.7.1. Lateral Chip LED
11.7.2. Vertical Chip LED
11.7.3. Flip Chip LED
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growh 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 LED Chips Demand Share, 2019-2026
12. Asia Pacific LED Chips 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 LED Chips 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 LED Chips Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Backlight Sources
12.4.3. Display Screen
12.4.4. Signage
12.4.5. General Lighting
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 LED Chips Market Size and Volume Forecast by Type
12.7.1. Lateral Chip LED
12.7.2. Vertical Chip LED
12.7.3. Flip Chip LED
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 LED Chips Demand Share, 2019-2026
13. Middle East & Africa LED Chips 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 LED Chips 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 LED Chips Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Backlight Sources
13.4.3. Display Screen
13.4.4. Signage
13.4.5. General Lighting
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 LED Chips Market Size and Volume Forecast by Type
13.7.1. Lateral Chip LED
13.7.2. Vertical Chip LED
13.7.3. Flip Chip LED
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 LED Chips Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Chips Market: Market Share Analysis
14.2. LED Chips Distributors and Customers
14.3. LED Chips Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nichia
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Philips Lumileds
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. Toyoda Gosei
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OSRAM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Epistar
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tyntek
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Genesis Photonics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lextar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Formosa Epitaxy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. OPTO-TECH
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Seoul Semiconductor
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Samsung
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. LG Innotek
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. San'an Opto
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Changelight
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Aucksun
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. ETI
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Lattice Power
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Tong Fang
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook