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The light-emitting diode (LED) market is forecasted to grow by USD 264.1 million during 2024-2029, accelerating at a CAGR of 19.2% during the forecast period. The report on the light-emitting diode (LED) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of energy-efficient lighting technologies, enforcement of minamata convention on mercury, and growing demand from automotive sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The light-emitting diode (LED) market is segmented as below:
By Product
- Luminaires
- Lamps
By Application
- General lighting
- Automotive lighting
- Backlight
- Others
By Distribution Channel
- Offline
- Online
By Type
- SMD LEDs
- High-power LEDs
- Traditional LEDs
- RGB LEDs
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the light-emitting diode (LED) market covers the following areas:
- Light-Emitting Diode (LED) Market sizing
- Light-Emitting Diode (LED) Market forecast
- Light-Emitting Diode (LED) Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Application
10 Market Segmentation by Distribution Channel
11 Market Segmentation by Type
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global light-emitting diode (led) market: Acuity Brands Inc., ams OSRAM AG, Bridgelux Inc., Dialight Plc, Eaton Corp. Plc, Ennostar Inc., EVERLIGHT ELECTRONICS CO. LTD., General Electric Co., GrowRay Lighting Technologies, Havells India Ltd., LITE ON Technology Corp., Lumileds Holding BV, Nichia Corp., Samsung Electronics Co. Ltd., Seoul Semiconductor Co. Ltd., Sharp Corp., Signify NV, SMART Global Holdings Inc., Toyoda Gosei Co. Ltd., and Zumtobel Group AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing traction of intelligent lighting systems."
According to the report, one of the major drivers for this market is the growing adoption of energy-efficient lighting technologies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acuity Brands Inc.
- ams OSRAM AG
- Bridgelux Inc.
- Dialight Plc
- Eaton Corp. Plc
- Ennostar Inc.
- EVERLIGHT ELECTRONICS CO. LTD.
- General Electric Co.
- GrowRay Lighting Technologies
- Havells India Ltd.
- LITE ON Technology Corp.
- Lumileds Holding BV
- Nichia Corp.
- Samsung Electronics Co. Ltd.
- Seoul Semiconductor Co. Ltd.
- Sharp Corp.
- Signify NV
- SMART Global Holdings Inc.
- Toyoda Gosei Co. Ltd.
- Zumtobel Group AG