Market Overview:
The global LED phosphor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient lighting solutions and rising awareness about the benefits of LED lighting over traditional lighting solutions. The global LED phosphor market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into direct contact, remote phosphor, thin film, modular light engine, package free, and ELC. Direct contact LEDs are those in which all components are mounted on a single substrate or chip while remote phosphor LEDs use a separate component known as a “phosphor converter” that converts UV light into visible light. Thin film LEDs are fabricated by depositing one or more thin films of semiconductor materials onto a substrate such as glass or plastic. Modular light engines consist of an LED module with an integrated driver and optics while package free LEDs do not have any packaging around them which makes them smaller in size as compared to other types of LEDs.
Product Definition:
LED phosphors are substances that emit light in response to being stimulated by radiation from an LED. They are used to improve the efficiency and color quality of LEDs.
Direct Contact:
Direct contact is a technology used in LED phosphor market to connect an electronic component with the LED light source. It helps to control and monitor the brightness of LEDs easily. The direct contact consists of two parts, which are printed circuit board (PCB) and a transparent plastic substrate that makes electrical connection with the PCB through gold or copper traces.
Remote Phosphor:
The remote phosphor is a device that emits light when an electric current is passed through it. It can be used in various applications such as decorative lighting, indicator lights, and novelty lighting. The remote phosphor has different forms including LEDs, neon tubes, cold cathode fluorescent lamps (CCFL), and hot cathode fluorescent lamps (HCFL). LED phosphor market has gained popularity due to its energy efficiency along with longer life span compared to other counterparts.
Application Insights:
Based on application, the market is segmented into automotive phones, lighting, LCD/LED TV and others. The automotive phones segment dominated the overall industry in terms of revenue in 2017. This can be attributed to growing demand for LED headlights from various end-use industries such as transportation & logistics and general public infrastructure. Furthermore, technological advancements that have taken place over the years with respect to smartphone cameras are expected to drive this application further over the forecast period owing to increased usage of smartphones by drivers for recording purposes while driving at night time or during daytime conditions respectively.
The lighting segment is also anticipated to witness significant growth over the forecast period due largelyto increasing use of LEDs across streetlights and other outdoor fixtures as well as indoor applications such as signs and displays which require high brightnesses along with energy efficiency benefits offered by these light sources compared with their incandescent counterparts.
Regional Analysis:
The Asia Pacific led the global market in 2017 and accounted for over 40% of the overall revenue share. The region is projected to continue its dominance over the forecast period owing to increasing demand from countries such as China, Japan, South Korea, and India. Rising disposable income coupled with growing consumer awareness regarding LED lighting is expected to drive regional growth during the forecast period.
Europe also held a significant share in terms of volume due to high adoption from major markets including Germany and U.K., which are some of Europe's largest automotive markets along with France that has one of Europe’s largest EV manufacturing bases will drive regional growth during the forecast period.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting over traditional lighting sources
- Technological advancements in LED phosphor technology
- Growing demand for premium quality LED lights
- Stringent government regulations promoting the use of energy-efficient lighting solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Phosphor Market Research Report
By Type
Direct Contact, Remote Phosphor, Thin Film, Modular Light Engine, Package Free, ELC
By Application
Automotive Phones, Lighting, LCD TV
By Companies
Avago Technologies, Citizen Electronics, Epistar Corporation, Everlight Electronics, General Electric, Edison Opto Corporation, Universal Display, Osram Sylvania, Electric, Philips Lumileds Lighting
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global LED Phosphor Market Report Segments:
The global LED Phosphor market is segmented on the basis of:
Types
Direct Contact, Remote Phosphor, Thin Film, Modular Light Engine, Package Free, ELC
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 Phones, Lighting, LCD TV
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:
- Avago Technologies
- Citizen Electronics
- Epistar Corporation
- Everlight Electronics
- General Electric
- Edison Opto Corporation
- Universal Display
- Osram Sylvania
- Electric
- Philips Lumileds Lighting
Highlights of The LED Phosphor 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:
- Direct Contact
- Remote Phosphor
- Thin Film
- Modular Light Engine
- Package Free
- ELC
- By Application:
- Automotive Phones
- Lighting
- LCD TV
- 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 Phosphor 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 phosphor is a type of LED light that emits light in the blue and ultraviolet ranges. LEDs with LED phosphor emit more visible light than traditional LEDs, which makes them better suited for applications such as signage and displays.
Some of the key players operating in the led phosphor market are Avago Technologies, Citizen Electronics, Epistar Corporation, Everlight Electronics, General Electric, Edison Opto Corporation, Universal Display, Osram Sylvania, Electric, Philips Lumileds Lighting.
The led phosphor market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Phosphor 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 Phosphor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Phosphor Market - Supply Chain
4.5. Global LED Phosphor Market Forecast
4.5.1. LED Phosphor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Phosphor Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Phosphor Market Absolute $ Opportunity
5. Global LED Phosphor 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 Phosphor Market Size and Volume Forecast by Type
5.3.1. Direct Contact
5.3.2. Remote Phosphor
5.3.3. Thin Film
5.3.4. Modular Light Engine
5.3.5. Package Free
5.3.6. ELC
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Phosphor 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 Phosphor Market Size and Volume Forecast by Application
6.3.1. Automotive Phones
6.3.2. Lighting
6.3.3. LCD TV
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Phosphor 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 Phosphor 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 Phosphor 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 Phosphor 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 Phosphor Demand Share Forecast, 2019-2029
9. North America LED Phosphor 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 Phosphor 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 Phosphor Market Size and Volume Forecast by Application
9.4.1. Automotive Phones
9.4.2. Lighting
9.4.3. LCD TV
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Phosphor Market Size and Volume Forecast by Type
9.7.1. Direct Contact
9.7.2. Remote Phosphor
9.7.3. Thin Film
9.7.4. Modular Light Engine
9.7.5. Package Free
9.7.6. ELC
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 Phosphor Demand Share Forecast, 2019-2029
10. Latin America LED Phosphor 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 Phosphor 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 Phosphor Market Size and Volume Forecast by Application
10.4.1. Automotive Phones
10.4.2. Lighting
10.4.3. LCD TV
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Phosphor Market Size and Volume Forecast by Type
10.7.1. Direct Contact
10.7.2. Remote Phosphor
10.7.3. Thin Film
10.7.4. Modular Light Engine
10.7.5. Package Free
10.7.6. ELC
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 Phosphor Demand Share Forecast, 2019-2029
11. Europe LED Phosphor 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 Phosphor 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 Phosphor Market Size and Volume Forecast by Application
11.4.1. Automotive Phones
11.4.2. Lighting
11.4.3. LCD TV
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Phosphor Market Size and Volume Forecast by Type
11.7.1. Direct Contact
11.7.2. Remote Phosphor
11.7.3. Thin Film
11.7.4. Modular Light Engine
11.7.5. Package Free
11.7.6. ELC
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 Phosphor Demand Share, 2019-2029
12. Asia Pacific LED Phosphor 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 Phosphor 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 Phosphor Market Size and Volume Forecast by Application
12.4.1. Automotive Phones
12.4.2. Lighting
12.4.3. LCD TV
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Phosphor Market Size and Volume Forecast by Type
12.7.1. Direct Contact
12.7.2. Remote Phosphor
12.7.3. Thin Film
12.7.4. Modular Light Engine
12.7.5. Package Free
12.7.6. ELC
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 Phosphor Demand Share, 2019-2029
13. Middle East & Africa LED Phosphor 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 Phosphor 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 Phosphor Market Size and Volume Forecast by Application
13.4.1. Automotive Phones
13.4.2. Lighting
13.4.3. LCD TV
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LED Phosphor Market Size and Volume Forecast by Type
13.7.1. Direct Contact
13.7.2. Remote Phosphor
13.7.3. Thin Film
13.7.4. Modular Light Engine
13.7.5. Package Free
13.7.6. ELC
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 Phosphor Demand Share, 2019-2029
14. Competition Landscape
14.1. Global LED Phosphor Market: Market Share Analysis
14.2. LED Phosphor Distributors and Customers
14.3. LED Phosphor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Avago Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Citizen Electronics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Epistar Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Everlight Electronics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. General Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Edison Opto Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Universal Display
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Osram Sylvania
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Philips Lumileds Lighting
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
