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The LED phosphor market is a subset of the LED (Light Emitting Diode) industry. LED phosphors are materials that are used to convert the blue light emitted by LEDs into white light. The LED phosphor market is driven by the increasing demand for LED lighting products, such as LED bulbs, LED strips, and LED panels. The market is also driven by the increasing demand for energy-efficient lighting solutions. The LED phosphor market is expected to grow at a steady rate due to the increasing demand for LED lighting products and the increasing adoption of energy-efficient lighting solutions.
The LED phosphor market is highly competitive, with a number of companies offering a wide range of products. Some of the major players in the market include Nichia Corporation, Cree Inc., OSRAM Opto Semiconductors, Lumileds, and Toyoda Gosei. Show Less Read more