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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.
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 -
The other prominent vendors in the market are SEMILEDS, Seoul Semiconductor, and LG Innotek.
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.
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.
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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.
Moreover, to achieve higher accuracy, our industry experts implement an extensive research approach of primary and secondary data collection methods and assess the changing demand-supply landscape of the embedded systems sector. Few of the key approaches involved in the in this methodology are detailed vendor briefings, online surveys, and consultation of industry journals and publications. Also, by considering the market forecast and size, surging demand for various segments of the embedded systems sector, the market research professionals at Technavio present an all-inclusive picture of the handset flash LED modules market from 2017 to 2021.
This forthcoming market research report on the handset flash LED modules market also covers vendors like Semileds, Everlight Electronics, Heptagon, OSRAM, Philips Lumileds, SAMSUNG LED, Seoul Semiconductor, Nichia, EPISTAR, SSC, and LG Innotek?. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the handset flash LED modules market also covers geographies like the Americas, APAC, and EMEA.
The upcoming industry research report for the handset flash LED modules market also categorizes the key drivers, prominent trends, as well as the imminent restraints that the embedded systems sector currently experiences. This upcoming report on the handset flash LED modules market presents insights into the rapidly changing competitive landscape to give clients a complete picture of the forthcoming events within the hardware and semiconductor industry. Technavio also provides deep-dive market assessments into the sectors such as computing devices, displays, and sensors.
Our market research methodology for the global handset flash LED modules market
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by power consumption
PART 07: Market segmentation by type of handset
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Decision framework
PART 11: Drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
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