Global Handset Flash LED Modules Market 2017-2021

Overview of the global handset flash LED modules market

Research analysis on the global handset flash LED modules market identifies that LTE migration across markets will be one of the major factors that will have a positive impact on the growth of the market. LTE can deliver more data at high speed and provide a better experience to consumers than 3G. It has been observed that in the developing nations, the operators are compelled to generate revenues from premium data services such as gaming, mobile video, and business apps, which necessitates high LTE bandwidth and low latency. With the increasing penetration of the Internet and wireless communication, there is a rising demand for mobile data services. This will in turn, fuel the need for LTE since it can provide high bandwidth and improved mobility. The deployment of LTE will drive the need for the production of large volumes of handset flash LED modules with LTE specifications, subsequently fueling market growth. Technavio's market research analysts predict that this market will grow at a CAGR of more than 21% by 2021.

In terms of geographic regions, APAC will contribute to the highest share of the handset flash LED modules market throughout the predicted period. The increasing demand for handset flash LED modules in the region will mainly attribute to the growth of the smartphone market. The growing internet penetration and the expansion of 3G and 4G, will also lead to the growth of the market in APAC. Countries such as China, Japan, India, South Korea, and Indonesia will be the major contributors to the growth of the market in this region.

Competitive landscape and key vendors

Vendors in the handset flash LED modules market are mainly focusing on R&D to launch new products. Additionally, they are also following strategies such as M&As, joint ventures, and partnerships to consolidate their positions in this competitive market. Technological advancements such as lower energy consumption, improved physical robustness, longer life, and smaller size of smartphones are the major factors that the vendors in the LED lighting module market usually focus on.

The leading vendors in the market are -

• Cree
• EPISTAR
• EVERLIGHT
• Lumileds
• OSRAM 
• SAMSUNG

The other prominent vendors in the market are SEMILEDS, Seoul Semiconductor, and LG Innotek.

Segmentation by power consumption and analysis of the handset flash LED modules market

• Above 1.5 A
• Below 1.5 A

Flash LEDs that consume less than 1.5 A provide low-light videos and have a life span of up to 35,000 to 50,000 hours of use. Additionally, they are more resistant to shocks than other lighting systems. Our research analysis predicts that during the next four years, there will be a major demand for handset flash LED modules from the below 1.5 A segment mainly due to their low battery consumption.

Segmentation by type of handset and analysis of the handset flash LED modules market

• Feature phone
• Smartphone

The smartphone segment will account for the maximum shares of the handset flash LED modules market for the next few years. With improved camera specifications and the rise in internet penetration, the coming years will witness a rise in the adoption of smartphones across the globe. This will subsequently augment the growth prospects of the LED lighting module market.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global handset flash LED modules market?
• What are the key market trends impacting the growth of the global handset flash LED modules market?
• What are the challenges to market growth?
• Who are the key vendors in the global handset flash LED modules market?
• What are the market opportunities and threats faced by the vendors in the global handset flash LED modules market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global handset flash LED modules market?

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

Handset flash LED modules are the color tunable; high CRI Flash LED products that have power flash and are used by major smartphone OEMs. This upcoming research report on the handset flash LED modules market offers insights into the major trends and forthcoming drivers influencing the growth of the hardware and semiconductor industry. Our reports for the hardware and semiconductor industry also follow a scrupulous data collection methodology and offer an analysis of fast growing market segments like embedded systems.