Press release
LED Material Market Latest Growth, Development Trends and Forecast Report to 2025
Increase in demand for energy efficient LED’s, increasing use of Infrared LEDs in automotive, consumer durables and other industries, growing penetration of these LEDs in smartphones, surveillance systems and other segments, growing adoption of infrared LEDs in remote sensing and hyper spectral imaging and increasing usage of infrared technology in sensors are some factors, that will propel the demand for LED material over the next five years.
The global LED Material market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of LED Material in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Akzonobel
Cree
Epistar
Hitachi
Philips
Nichia
Osram
Sumitomo Electric
By the product type, the market is primarily split into
Substrate Material
Wafer
Phosphor
By the end users/application, this report covers the following segments
General Lighting
Automotive Lighting
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