0

Global High-Brightness LED Market 2017-2021

  • Published: Mar 2017
  • Pages: 70
  • SKU: IRTNTR12275
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single User:

    Quick and easy buy and download option

  • Enterprise:

    Flexible option - Complimentary customization included

2500 USD

This market research study identifies Cree, GE Lighting, LG Innotek, Lumileds, Nichia, OSRAM, Samsung Electronics, and Seoul Semiconductor as the leading players in the global high-brightness LED market. A comprehensive analysis of this market is also presented by the application (consumer electronics, general lighting, automotive, and others) and by geography (the Americas, APAC, and EMEA)

Overview of the global high-brightness LED market

According to Technavio’s analysts, the global high-brightness LED market is anticipated to grow at a steady rate and post a CAGR of more than 7% during the forecast period. The inception of energy-efficiency certification programs will drive the growth prospects for the global high-brightness LED market until the end of 2021. According to the industry research report, energy Star-certified light emitting diode (LED) products consume 75% less energy than incandescent light bulbs, which, in turn, will boost the production rate and adoption rate of high-brightness LED products. In addition, the growing need for energy-efficient lighting products to save energy and reduce the carbon footprint will drive the establishment of programs such as the Energy Star certificationDesignLights Consortium (DLC), and Lighting Design Lab certification. These programs will further encourage the use of energy star certified high-brightness LED lighting products for energy consumption in buildings, homes, and industries.

The declining manufacturing cost of high power LED products will drive the growth prospects for the global high-brightness LED market for the next four years. One of the major factors responsible for the reduction in the cost of LEDs is the decreasing average selling price (ASP) of the chip LED and components used in the manufacturing processes of these devices.

Competitive landscape and key vendors

The global HB-LED market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that these vendors are increasingly focusing on improving in terms of experience, product portfolio, geographical presence, financial condition, research and developmental activities, and customer base to gain more market share. Product quality, price, and products innovation are some of the major factors the vendors usually compete on.

Key vendors in this market are -

  • Cree
  • GE Lighting
  • LG Innotek
  • Lumileds
  • Nichia
  • OSRAM
  • Samsung Electronics
  • Seoul Semiconductor

Other prominent vendors in the market include Dialight, Eaton, Emerson Electric, Lite-On, M.L.S Electronics, TOSHIBA Lighting & Technology, and TOYODA GOSEI.

Segmentation by application and analysis of the high-brightness LED market

  • Consumer electronics
  • General lighting
  • Automotive

The HB-LED market in the consumer electronics segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. However, the segment is likely to experience a decline in its market share due to the increasing adoption of organic light-emitting diode (OLED) technology in applications such as smartphones and TVs. Some of the major factors responsible for this decline are price wars, an oversupply of HB LED chips from the Chinese market, and a low number of sales of desktops.

Segmentation by geography and analysis of the high-brightness LED market

  • Americas
  • APAC
  • EMEA

In terms of geography, APAC accounted for the majority market share during 2016 and will continue to dominate the market during the forecasted period. It has been observed that the APAC region witnesses a continual demand for HB LEDs for TV backlights, smartphones, and computing devices from various sectors such as the healthcare, hospitality, retail, office, and industrial segments. Moreover, the rapid urbanization and growing focus on improving the infrastructure will further propel the market’s growth rate in the coming years.

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 high-brightness LED market?
  • What are the key market trends impacting the growth of the global high-brightness LED market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global high-brightness LED market?
  • What are the market opportunities and threats faced by the vendors in the global high-brightness LED market?
  • What are the 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 high-brightness LED market?

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

Related reports:

Table of Contents

PART 01: Executive summary

PART 02: Scope of  the report

PART 03: Research Methodology

PART 04: Introduction

  • Key market highlights
  • Technology landscape

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by application

  • Consumer electronics
  • General lighting
  • Automotive

PART 07: Geographical segmentation

  • APAC
  • Americas
  • EMEA

PART 08: Key emerging economies

  • Country overview

PART 09: Decision framework

PART 10: Drivers and challenges

  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segment

PART 11: Market trends

  • Increase in urban population worldwide
  • Declining manufacturing cost of LEDs
  • Demand for intelligent lighting systems
  • Emergence of smart cities
  • Growing number of smart homes worldwide
  • Migration of LED manufacturers to 6‐inch sapphire wafer substrates

PART 12: Vendor landscape

  • Competitive scenario
  • Projects undertaken
  • Other prominent vendors

PART 13: Appendix

  • List of abbreviations

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
Technavio

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
Technavio

TechnavioREPORT WRITING

Qualitative

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

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single User:

    Quick and easy buy and download option

  • Enterprise:

    Flexible option - Complimentary customization included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>