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Global Packaged GaN LED Market 2016-2020

  • Published: Feb 2016
  • Pages: 42
  • SKU: IRTNTR8721
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This industry research report presents a detailed segmentation of the global packaged GaN LED market by application (mobile phone manufacturers, digital signage manufacturers, TV manufacturers, general lighting manufacturers, and others) and by geography (Americas, APAC, and EMEA). It also analyzes the market shares for leading vendors including Cree, Epistar, OSRAM Opto Semiconductors, and Samsung.

Overview of the global packaged GaN LED market

The global market for packaged GaN LEDs will exhibit steady growth during the forecast period and is envisaged to grow moderately at a CAGR of more than 5% during the forecast period. The increasing application of LEDs is a noteworthy factor that will foster the prospects for growth in this market until the end of 2020. LEDs are generally used as backlight sources and display panels or screens for TVs, headlights, indicator lights, and dashboard gauges in automobiles, and as a preferred light source in many types of electronic equipment like laptops and tablets. LEDs are rich in color, robust in terms of durability, and have a long lifespan. The combination of GaN and LED is the latest trend in LED technology and is used for backlit LCDs in smartphones, laptops, and TVs. This increase in the implementation of GaN-based LEDs in electronic equipment will augment the prospects for growth in this market until the end of 2020.

Technavio’s market research analyst has estimated that the presence of eminent factors, such as the advent of GaN-on-Si LEDs, will impel the prospects for market growth during the forecast period. Generally, GaN-on-sapphire LEDs are extensively used for various electronic applications but due to the limited availability of sapphire, many key manufacturers have started to shift to GaN-on-Si technology. These manufacturers are leveraging the silicon wafer market to achieve economies of scale through volume production. Since silicon wafers are abundantly available and cheaper than sapphire, they are extensively being used to replace GaN-on-sapphire LEDs, which in turn will result in market growth during the estimated period.

Application-based segmentation of the packaged GaN LED market

  • Mobile phone manufacturers
  • Digital signage manufacturers
  • TV manufacturers
  • General lighting manufacturers

The general lighting manufacturers segment will dominate this market and will account for an impressive market share of more than 51% by the end of 2020. The rising demand for energy-efficient lamps for installation applications in airports, harbors, and railways will lead to the strong growth of this market segment during the predicted period.

Geographical segmentation of the packaged GaN LED market

  • Americas
  • APAC
  • EMEA

In this market research, analysts have estimated the APAC region to continue its market dominance during the forecast period. The market for packaged GaN LED is highly competitive due to the presence of low-cost LED product manufacturers in China. Factors such as the high adoption of LED bulbs and spotlights, government grants and subsidies, and growing consumer demand for efficient light sources will aid in the growth of this market in APAC during the estimated period. Comprehensive segmentation analysis carried out by the analysts at Technavio has shown that the market for packaged GaN LED in APAC will account for nearly 79% of the total market share by 2020.

Competitive landscape and key vendors

The global packaged GaN LED market is competitive and is primarily dominated by prominent players. In this market, the vendors are adopting new technologies to gain a competitive edge over other market players. Increasing investments in marketing activities and extension of product portfolios will aid in the growth of the vendors in this market.

Key vendors in this market are -

  • Cree
  • Epistar
  • OSRAM Opto Semiconductors
  • Samsung

Other prominent vendors analyzed in this market study are De Core Nanosemiconductors , LG Innotek, Nichia, Philips Lumileds, Seoul Semiconductor, and Soraa.

Key questions answered in the report include

  • What will the market size, market forecast and the growth rate be in 2020?
  • What are the key factors driving the global packaged GaN LED market?
  • What are the key market trends impacting the growth of the global packaged GaN LED market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global packaged GaN LED market?
  • What are the market opportunities and threats faced by the vendors in the global packaged GaN LED market?
  • Trending factors affecting the market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the global packaged GaN LED market?

Technavio also offers customization on reports based on specific client requirement.

 

Table of Content

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Technology landscape

PART 06: Market landscape

  • Market overview
  • Global packaged GaN LED market forecast 2015-2020
  • Five forces analysis

PART 07: Market segmentation by application

  • Global packaged GaN LED market by application
  • General lighting manufacturing segment of global packaged GaN LED market 2015-2020
  • TV manufacturing segment of global packaged GaN LED market 2015-2020
  • Mobile manufacturing segment of global packaged GaN LED market 2015-2020
  • Digital signage segment of global packaged GaN LED market 2015-2020

PART 08: Geographical segmentation

  • Global packaged GaN LED market by region
  • APAC
  • Americas
  • EMEA

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

  • Competitive scenario
  • Key initiatives by some vendors
  • Other prominent vendors

PART 15: Key recommendations for vendors and investors

PART 16: Appendix

  • List of abbreviations

PART 17: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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