Global led material market is projected to grow at a rapid pace and register an impressive CAGR over the forecast period 2023-2027. Increase in demand for energy efficient LED’s, growing use of Infrared LEDs in automotive, consumer durables and other industries
The global LED Materials market is segmented on the basis of type, application, competitive landscape, and regional distribution. Based on the type the market is bifurcated into substrate material, wafer type, and epitaxy material. By application the market is fragmented into general lighting, automotive lighting & others. The general lighting is further bifurcated into residential lighting, industrial lighting, outdoor lighting & other general lighting application. The automotive lighting type is further fragmented into interior lighting, exterior lighting, backlighting, televisions, monitors & handheld devices. Among these, the general lighting segment is anticipated to hold a prominent market share in the coming years. This is due to the rising application of LEDs in energy-efficient lighting in streetlighting, high bays, troffers, track lights, and several other applications in the commercial and residential industries because they deliver more light per output power.
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Akzonobel N.V, Cree, Inc., Epistar Corporation, Hitachi Metals, Ltd., Koninklijke Philips N.V., Nichia Corporation, Osram Licht AG,
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, volume in units, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · Application |
| Regional scope | North America, Europe & CIS, Asia Pacific, Middle East and Africa, South America |
| Country scope | United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; UAE; Saudi Arabia; South Africa; Kuwait |
| Key companies profiled | Akzonobel N.V, Cree, Inc., Epistar Corporation, Hitachi Metals, Ltd., Koninklijke Philips N.V., Nichia Corporation, Osram Licht AG, Sumitomo Electric Industries |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
