Market Overview:
The global LED module light 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 lighting. In terms of type, the LED arrays segment is expected to hold a major share in the global LED module light market during the forecast period. This can be attributed to their high efficiency and low power consumption as compared to other types of LEDs. In terms of application, general lighting is expected to hold a major share in the global LED module light market duringthe forecast period owingto its growing adoption across various industries such as residential, commercial, and industrial sectors.
Product Definition:
A LED module light is a self-contained group of LEDs that are wired together and sealed in a weatherproof housing. They are used for outdoor lighting, such as walkway lights, landscape lighting, or deck lighting.
LED Arrays:
LED Arrays, also known as Light-Emitting Diode Arrays (LEDAs), are a series of LED chips connected in a linear fashion to form an array. The LEDA technology was initially developed for military and high-end computing applications; however, it is now being used across several commercial applications including traffic signals, digital billboards, indoor lighting and general illumination.
Single LEDs:
Single LEDs are the basic building blocks of LED modules. They can be used as a source or load in any LED module. The brightness and color of single LEDs can be controlled by using different types of controllers including digital, analog, PWM (Pulse Width Modulation), and others. By understanding the operation principle behind each controller, various applications such as traffic lights, indicators, signage display screens can be implemented easily with single LEDs for better user experience.
Application Insights:
The general lighting segment led the market and accounted for more than 35.0% share of the global revenue in 2017. The growth can be attributed to increasing use of LED modules as a replacement for traditional light sources, such as HID, incandescent, and fluorescent lamps. Moreover, growing preference for energy-efficient lighting has resulted in increased penetration of LED products across general lighting applications globally.
Advertising is expected to be one of the fastest-growing application segments over the forecast period owing to extensive usage of LEDs on advertising boards and digital displays across various cities worldwide including New York City; Chicago; London; Paris; Madrid; Milan; Copenhagen; Stockholm etc., which provides an opportunity for market vendors.
Regional Analysis:
The Asia Pacific regional led module light market is expected to grow at the highest CAGR over the forecast period. This can be attributed to increasing adoption of LED lighting in countries such as China, India, and Japan. The growing aviation industry in these developing economies is also expected to drive product demand over the next eight years. Furthermore, rising investments by companies such as Philips Lumileds Lighting Ltd., OSRAM GmbH & Co., LLC; Bridgelux Inc.; and Cree Inc.; are anticipated to fuel growth across this region during the forecast period.
Europe accounted for a significant share of global LED module light market revenue in 2017 owing to stringent regulations regarding vehicular emissions coupled with growing adoption of energy-efficient lighting solutions across various industries including transportation and advertising has contributed significantly towards regional growth since 2014.
Growth Factors:
- Increasing demand from the automotive sector for LED lighting in vehicles
- Rising demand for energy-efficient lighting solutions
- Growing popularity of LED modules as a replacement for traditional light sources
- Proliferation of smart cities and the need for efficient public lighting systems
- Technological advancements that are making LEDs more affordable and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Module Light Market Research Report
By Type
LED Arrays, Single LEDs
By Application
Aviation Lighting, Advertising, Automotive Headlamps, General Lighting, Others
By Companies
Cree, Inc, Mouser, Nichia, SATCO, SAMSUNG, EPISTAR, SSC, Toyoda Gosei, Cree, Osram, PHILIPS Lumileds, 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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global LED Module Light Market Report Segments:
The global LED Module Light market is segmented on the basis of:
Types
LED Arrays, Single LEDs
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
Aviation Lighting, Advertising, Automotive Headlamps, General 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:
- Cree, Inc
- Mouser
- Nichia
- SATCO
- SAMSUNG
- EPISTAR
- SSC
- Toyoda Gosei
- Cree
- Osram
- PHILIPS Lumileds
- Semileds
Highlights of The LED Module Light 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:
- LED Arrays
- Single LEDs
- By Application:
- Aviation Lighting
- Advertising
- Automotive Headlamps
- General 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 LED Module Light 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?
LED Module Light is a type of light that uses LEDs to produce light. LED lights are often used in products such as flashlights, headlamps, and car headlights because they consume less energy than other types of lighting and last longer.
Some of the key players operating in the led module light market are Cree, Inc, Mouser, Nichia, SATCO, SAMSUNG, EPISTAR, SSC, Toyoda Gosei, Cree, Osram, PHILIPS Lumileds, Semileds.
The led module light market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Module Light 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 Module Light Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Module Light Market - Supply Chain
4.5. Global LED Module Light Market Forecast
4.5.1. LED Module Light Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Module Light Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Module Light Market Absolute $ Opportunity
5. Global LED Module Light 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 Module Light Market Size and Volume Forecast by Type
5.3.1. LED Arrays
5.3.2. Single LEDs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Module Light 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 Module Light Market Size and Volume Forecast by Application
6.3.1. Aviation Lighting
6.3.2. Advertising
6.3.3. Automotive Headlamps
6.3.4. General Lighting
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Module Light 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 Module Light 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 Module Light 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 Module Light 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 Module Light Demand Share Forecast, 2019-2026
9. North America LED Module Light 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 Module Light 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 Module Light Market Size and Volume Forecast by Application
9.4.1. Aviation Lighting
9.4.2. Advertising
9.4.3. Automotive Headlamps
9.4.4. General Lighting
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Module Light Market Size and Volume Forecast by Type
9.7.1. LED Arrays
9.7.2. Single LEDs
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 Module Light Demand Share Forecast, 2019-2026
10. Latin America LED Module Light 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 Module Light 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 Module Light Market Size and Volume Forecast by Application
10.4.1. Aviation Lighting
10.4.2. Advertising
10.4.3. Automotive Headlamps
10.4.4. General Lighting
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Module Light Market Size and Volume Forecast by Type
10.7.1. LED Arrays
10.7.2. Single LEDs
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 Module Light Demand Share Forecast, 2019-2026
11. Europe LED Module Light 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 Module Light 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 Module Light Market Size and Volume Forecast by Application
11.4.1. Aviation Lighting
11.4.2. Advertising
11.4.3. Automotive Headlamps
11.4.4. General Lighting
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Module Light Market Size and Volume Forecast by Type
11.7.1. LED Arrays
11.7.2. Single LEDs
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 LED Module Light Demand Share, 2019-2026
12. Asia Pacific LED Module Light 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 Module Light 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 Module Light Market Size and Volume Forecast by Application
12.4.1. Aviation Lighting
12.4.2. Advertising
12.4.3. Automotive Headlamps
12.4.4. General Lighting
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Module Light Market Size and Volume Forecast by Type
12.7.1. LED Arrays
12.7.2. Single LEDs
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 Module Light Demand Share, 2019-2026
13. Middle East & Africa LED Module Light 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 Module Light 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 Module Light Market Size and Volume Forecast by Application
13.4.1. Aviation Lighting
13.4.2. Advertising
13.4.3. Automotive Headlamps
13.4.4. General Lighting
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LED Module Light Market Size and Volume Forecast by Type
13.7.1. LED Arrays
13.7.2. Single LEDs
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 Module Light Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Module Light Market: Market Share Analysis
14.2. LED Module Light Distributors and Customers
14.3. LED Module Light Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cree, Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mouser
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nichia
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SATCO
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SAMSUNG
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. SSC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toyoda Gosei
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cree
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Osram
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PHILIPS Lumileds
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Semileds
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
