Market Overview:
The global miniature light emitting diode market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for miniature light emitting diodes in automobiles and electronics applications. Miniature light emitting diodes are used as backlights, indicator lights, and switches in various electronic devices such as smartphones, laptops, tablets, and televisions. They are also used as headlamps and taillights in automobiles.
Product Definition:
A miniature light emitting diode (miniature LED) is a small semiconductor light source. LEDs are used in various applications, including automotive lighting, traffic signals, and as indicator lights on electronic devices.
BTS:
BTS is a small, thin-film semiconductor that can be easily incorporated into any material or device. It has the ability to convert electrical energy into light with very high efficiency. BTS has applications in LED and organic LEDs (OLEDs). The growth factor for the global miniature light-emitting diode market is expected to grow at a CAGR of XX% from 2017 to 2024.
BTV:
BASF’s TV Visible is a transparent, flexible and robust glass that can be bent, rolled and molded into any shape. It is the key component in making advanced light-emitting diodes (LEDs) as it allows to achieve high brightness with less power consumption. The material has applications across various segments such as lighting, automotive & transportation, consumer electronics and medical sectors.
Application Insights:
Automotive application segment accounted for the largest share of over 30.0% in 2017 and is expected to continue its dominance over the forecast period. Miniature LEDs are used as indicators, headlamps, turn lamps, and other auxiliary lamps in automobiles. The growing importance of LED lights for aesthetic purposes as well as safety reasons is anticipated to boost their demand in automotive applications during the forecast period.
The electronics segment was valued at USD 391 million in 2017 owing to increasing use of these lights on electronic devices such as mobile phones, media players, laptops/notebooks etcetera. In addition, they are also used on household appliances such a refrigerators and washing machines among others which further boosts their demand globally mini light emitter diode market by application annually since 2014 till 2018 respectively).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising disposable income, coupled with a rise in consumer electronics spending. China accounted for more than 50% of global sales in 2016 and this trend is expected to continue over the forecast period owing to increasing production of LED lighting products and growing adoption across various applications such as automotive, signboards, industrial & commercial and others.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising demand from the automotive sector
- Growing popularity of LED lighting in commercial applications
- Proliferation of LED-based displays and signage
- Technological advancements in LED lighting
Scope Of The Report
Report Attributes
Report Details
Report Title
Miniature Light Emitting Diode Market Research Report
By Type
BTS, BTV, Others
By Application
Automobile, Electronics
By Companies
OSRAM, Mouser, Superlum, Cree, Kingbright
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Miniature Light Emitting Diode Market Report Segments:
The global Miniature Light Emitting Diode market is segmented on the basis of:
Types
BTS, BTV, 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
Automobile, Electronics
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:
- OSRAM
- Mouser
- Superlum
- Cree
- Kingbright
Highlights of The Miniature 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:
- BTS
- BTV
- Others
- By Application:
- Automobile
- Electronics
- 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 Miniature 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 miniature light emitting diode is a small, thin-film LED that emits light when an electric current is passed through it. Miniature LEDs are often used in electronic devices because they are smaller and more energy efficient than traditional LEDs, and they can be integrated into larger designs without sacrificing performance.
Some of the major players in the miniature light emitting diode market are OSRAM, Mouser, Superlum, Cree, Kingbright.
The miniature light emitting diode 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. Miniature 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. Miniature 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. Miniature Light Emitting Diode Market - Supply Chain
4.5. Global Miniature Light Emitting Diode Market Forecast
4.5.1. Miniature Light Emitting Diode Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Miniature Light Emitting Diode Market Size (000 Units) and Y-o-Y Growth
4.5.3. Miniature Light Emitting Diode Market Absolute $ Opportunity
5. Global Miniature 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. Miniature Light Emitting Diode Market Size and Volume Forecast by Type
5.3.1. BTS
5.3.2. BTV
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Miniature 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. Miniature Light Emitting Diode Market Size and Volume Forecast by Application
6.3.1. Automobile
6.3.2. Electronics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Miniature 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. Miniature 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 Miniature 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. Miniature 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 Miniature Light Emitting Diode Demand Share Forecast, 2019-2029
9. North America Miniature 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 Miniature 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 Miniature Light Emitting Diode Market Size and Volume Forecast by Application
9.4.1. Automobile
9.4.2. Electronics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Miniature Light Emitting Diode Market Size and Volume Forecast by Type
9.7.1. BTS
9.7.2. BTV
9.7.3. 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 Miniature Light Emitting Diode Demand Share Forecast, 2019-2029
10. Latin America Miniature 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 Miniature 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 Miniature Light Emitting Diode Market Size and Volume Forecast by Application
10.4.1. Automobile
10.4.2. Electronics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Miniature Light Emitting Diode Market Size and Volume Forecast by Type
10.7.1. BTS
10.7.2. BTV
10.7.3. 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 Miniature Light Emitting Diode Demand Share Forecast, 2019-2029
11. Europe Miniature 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 Miniature 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 Miniature Light Emitting Diode Market Size and Volume Forecast by Application
11.4.1. Automobile
11.4.2. Electronics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Miniature Light Emitting Diode Market Size and Volume Forecast by Type
11.7.1. BTS
11.7.2. BTV
11.7.3. Others
11.8. Basis Point Share (BP) 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 Miniature Light Emitting Diode Demand Share, 2019-2029
12. Asia Pacific Miniature 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 Miniature 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 Miniature Light Emitting Diode Market Size and Volume Forecast by Application
12.4.1. Automobile
12.4.2. Electronics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Miniature Light Emitting Diode Market Size and Volume Forecast by Type
12.7.1. BTS
12.7.2. BTV
12.7.3. 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 Miniature Light Emitting Diode Demand Share, 2019-2029
13. Middle East & Africa Miniature 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 Miniature 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 Miniature Light Emitting Diode Market Size and Volume Forecast by Application
13.4.1. Automobile
13.4.2. Electronics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Miniature Light Emitting Diode Market Size and Volume Forecast by Type
13.7.1. BTS
13.7.2. BTV
13.7.3. 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 Miniature Light Emitting Diode Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Miniature Light Emitting Diode Market: Market Share Analysis
14.2. Miniature Light Emitting Diode Distributors and Customers
14.3. Miniature Light Emitting Diode Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. OSRAM
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. Superlum
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cree
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kingbright
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
