Market Overview:
The global light emitting diode (LED) market is expected to grow from USD 30.24 billion in 2018 to USD 97.68 billion by 2030, at a CAGR of 15.0% from 2018 to 2030. The growth of the LED market is mainly attributed to the increasing demand for energy-efficient lighting solutions and rising awareness about the benefits of LEDs over traditional lighting sources. The SMD LED lamp bead segment is expected to hold the largest share of the global LED market in 2018, owing to its high adoption rate across various applications such as mobile home appliances, LED displays, lighting fixtures, and automotive headlights/taillights/interiors.
Product Definition:
A light emitting diode (LED) is a semiconductor device that emits light when an electric current passes through it. LEDs are used in many applications, including traffic signals, automotive lighting, general illumination, backlighting for televisions and computer monitors, and as a component of solar energy systems.
SMD LED Lamp Bead:
SMD LED lamp bead is a type of lighting component which can be used in various types of light fixtures. It has several advantages over the traditional incandescent lamps and other types of bulbs. The major advantage is that it uses less energy, thus saving power cost and reducing greenhouse gas emissions. This bead is also available in different sizes, so it can be used for applications where size constraints apply i.e., small ceiling mounted or table top lamps etc.
Directly-inserted LED Lamp Beads:
LED directly inserted lamp beads are used in Light Emitting Diode (LED) market. These beads are manufactured using special materials that help them to emit light with higher quality and brightness than other conventional products. The major factor driving the growth of this industry is increasing demand for energy-efficient lighting solutions across various applications such as automotive, commercial, residential and industrial segments.
Application Insights:
The mobile home appliance segment is expected to grow at a CAGR of XX% from 2018 to 2030 owing to the growing adoption of energy-efficient products in developed countries such as U.K., Germany, and Japan. Moreover, increasing product demand for exterior lighting applications in industries including healthcare, retail and hospitality will drive the market growth over the forecast period.
LED display industry accounted for about 16% share in 2018 owing to high demand LED television sets and monitors that offer better picture quality than conventional LCD or plasma displays. In addition, rapidly growing digital signage industry is expected to boost product demand over the coming years as digital signs are increasingly used for advertising purposes across various applications such as transportation facilities, corporate headquarters etcetera.
Growing popularity of sports among children has resulted in increased participation levels by parents.
Regional Analysis:
Asia Pacific held the largest share in 2018 and is expected to continue its dominance over the forecast period. This can be attributed to increasing product penetration in countries such as Japan, South Korea, and China. The growing adoption of LEDs for lighting applications has been accelerating rapidly owing to their advantages such as low power consumption, high efficiency, long lifetime, small size etc. In addition it has been observed that consumers are ready to pay higher prices for quality products from recognized brands thus promoting industry growth in this region.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Technological advancements in LED lighting technology
- Growing demand for LEDs in automotive applications
- Increasing penetration of LEDs in residential and commercial sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Emitting Diode Market Research Report
By Type
SMD LED Lamp Bead, Directly-inserted LED Lamp Beads, By type?SMD LED lamp bead is the most commonly used type, with about 70% market share in 2018.
By Application
Mobile Home Appliance, LED Display Industry, Lighting Industry, Automotive Industry, Others, By application, lighing industry is the largest segment, with market share of about 39% in 2018, followed by LED display industry.
By Companies
Nichia, Osram Opto Semiconductors, Samsung LED, Lumileds, Seoul Semiconductor, MLS CO.,LTD, Everlight, Cree Inc., Foshan NationStar Optoelectronics, HongLi ZhiHui, Liteon, Refond
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Light Emitting Diode Market Report Segments:
The global Light Emitting Diode market is segmented on the basis of:
Types
SMD LED Lamp Bead, Directly-inserted LED Lamp Beads, By type?SMD LED lamp bead is the most commonly used type, with about 70% market share in 2018.
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
Mobile Home Appliance, LED Display Industry, Lighting Industry, Automotive Industry, Others, By application, lighing industry is the largest segment, with market share of about 39% in 2018, followed by LED display industry.
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
- Osram Opto Semiconductors
- Samsung LED
- Lumileds
- Seoul Semiconductor
- MLS CO.,LTD
- Everlight
- Cree Inc.
- Foshan NationStar Optoelectronics
- HongLi ZhiHui
- Liteon
- Refond
Highlights of The Light Emitting Diode 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:
- SMD LED Lamp Bead
- Directly-inserted LED Lamp Beads
- By type?SMD LED lamp bead is the most commonly used type, with about 70% market share in 2018.
- By Application:
- Mobile Home Appliance
- LED Display Industry
- Lighting Industry
- Automotive Industry
- Others
- By application, lighing industry is the largest segment, with market share of about 39% in 2018, followed by LED display industry.
- 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 Light Emitting Diode 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?
A light emitting diode is a semiconductor device that emits light when an electric current passes through it. LEDs are used in a variety of applications, including displays, lighting, and computing.
Some of the key players operating in the light emitting diode market are Nichia, Osram Opto Semiconductors, Samsung LED, Lumileds, Seoul Semiconductor, MLS CO.,LTD, Everlight, Cree Inc., Foshan NationStar Optoelectronics, HongLi ZhiHui, Liteon, Refond.
The light emitting diode market is expected to grow at a compound annual growth rate of 15%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Light Emitting Diode 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. Light Emitting Diode Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Light Emitting Diode Market - Supply Chain
4.5. Global Light Emitting Diode Market Forecast
4.5.1. Light Emitting Diode Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Light Emitting Diode Market Size (000 Units) and Y-o-Y Growth
4.5.3. Light Emitting Diode Market Absolute $ Opportunity
5. Global Light Emitting Diode 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. Light Emitting Diode Market Size and Volume Forecast by Type
5.3.1. SMD LED Lamp Bead
5.3.2. Directly-inserted LED Lamp Beads
5.3.3. By type?SMD LED lamp bead is the most commonly used type, with about 70% market share in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Light Emitting Diode 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. Light Emitting Diode Market Size and Volume Forecast by Application
6.3.1. Mobile Home Appliance
6.3.2. LED Display Industry
6.3.3. Lighting Industry
6.3.4. Automotive Industry
6.3.5. Others
6.3.6. By application, lighing industry is the largest segment, with market share of about 39% in 2018, followed by LED display industry.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Light Emitting Diode 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. Light Emitting Diode 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 Light Emitting Diode 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. Light Emitting Diode 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 Light Emitting Diode Demand Share Forecast, 2019-2026
9. North America Light Emitting Diode 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 Light Emitting Diode 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 Light Emitting Diode Market Size and Volume Forecast by Application
9.4.1. Mobile Home Appliance
9.4.2. LED Display Industry
9.4.3. Lighting Industry
9.4.4. Automotive Industry
9.4.5. Others
9.4.6. By application, lighing industry is the largest segment, with market share of about 39% in 2018, followed by LED display industry.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Light Emitting Diode Market Size and Volume Forecast by Type
9.7.1. SMD LED Lamp Bead
9.7.2. Directly-inserted LED Lamp Beads
9.7.3. By type?SMD LED lamp bead is the most commonly used type, with about 70% market share in 2018.
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 Light Emitting Diode Demand Share Forecast, 2019-2026
10. Latin America Light Emitting Diode 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 Light Emitting Diode 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 Light Emitting Diode Market Size and Volume Forecast by Application
10.4.1. Mobile Home Appliance
10.4.2. LED Display Industry
10.4.3. Lighting Industry
10.4.4. Automotive Industry
10.4.5. Others
10.4.6. By application, lighing industry is the largest segment, with market share of about 39% in 2018, followed by LED display industry.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Light Emitting Diode Market Size and Volume Forecast by Type
10.7.1. SMD LED Lamp Bead
10.7.2. Directly-inserted LED Lamp Beads
10.7.3. By type?SMD LED lamp bead is the most commonly used type, with about 70% market share in 2018.
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 Light Emitting Diode Demand Share Forecast, 2019-2026
11. Europe Light Emitting Diode 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 Light Emitting Diode 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 Light Emitting Diode Market Size and Volume Forecast by Application
11.4.1. Mobile Home Appliance
11.4.2. LED Display Industry
11.4.3. Lighting Industry
11.4.4. Automotive Industry
11.4.5. Others
11.4.6. By application, lighing industry is the largest segment, with market share of about 39% in 2018, followed by LED display industry.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Light Emitting Diode Market Size and Volume Forecast by Type
11.7.1. SMD LED Lamp Bead
11.7.2. Directly-inserted LED Lamp Beads
11.7.3. By type?SMD LED lamp bead is the most commonly used type, with about 70% market share in 2018.
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 Light Emitting Diode Demand Share, 2019-2026
12. Asia Pacific Light Emitting Diode 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 Light Emitting Diode 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 Light Emitting Diode Market Size and Volume Forecast by Application
12.4.1. Mobile Home Appliance
12.4.2. LED Display Industry
12.4.3. Lighting Industry
12.4.4. Automotive Industry
12.4.5. Others
12.4.6. By application, lighing industry is the largest segment, with market share of about 39% in 2018, followed by LED display industry.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Light Emitting Diode Market Size and Volume Forecast by Type
12.7.1. SMD LED Lamp Bead
12.7.2. Directly-inserted LED Lamp Beads
12.7.3. By type?SMD LED lamp bead is the most commonly used type, with about 70% market share in 2018.
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 Light Emitting Diode Demand Share, 2019-2026
13. Middle East & Africa Light Emitting Diode 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 Light Emitting Diode 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 Light Emitting Diode Market Size and Volume Forecast by Application
13.4.1. Mobile Home Appliance
13.4.2. LED Display Industry
13.4.3. Lighting Industry
13.4.4. Automotive Industry
13.4.5. Others
13.4.6. By application, lighing industry is the largest segment, with market share of about 39% in 2018, followed by LED display industry.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Light Emitting Diode Market Size and Volume Forecast by Type
13.7.1. SMD LED Lamp Bead
13.7.2. Directly-inserted LED Lamp Beads
13.7.3. By type?SMD LED lamp bead is the most commonly used type, with about 70% market share in 2018.
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 Light Emitting Diode Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Light Emitting Diode Market: Market Share Analysis
14.2. Light Emitting Diode Distributors and Customers
14.3. Light Emitting Diode 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. Osram Opto Semiconductors
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Samsung LED
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lumileds
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Seoul Semiconductor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MLS CO.,LTD
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Everlight
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cree Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Foshan NationStar Optoelectronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HongLi ZhiHui
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Liteon
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Refond
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.
