openPR Logo
Press release

LED Market Growth Analysis, Sales, Demand Status, Trends and Industry Forecast 2024

01-29-2019 11:35 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Infinium Global Research

/ PR Agency: Infinium Global Research
LED MARKET

LED MARKET

The report defines the global LED market as the semiconductor components that emit light when an electric current is passed through it. Light emitting diode (LED) is known as solid-state devices as they generated light within the solid semiconductor material. LEDs are extremely energy efficient with the long lifespan. They consume up to 90% less power than traditional lighting solutions. They also provide durability and shockproof advantages over the other incandescent bulbs.

Need Assistance? Send an Enquiry@ https://www.infiniumglobalresearch.com/reports/enquiry/1869

Rapidly rising adoption of LEDs in the industrial, as well as commercial applications, drives the growth of the LED market. The LEDs are majorly used in the lighting, consumer electronics and automotive sectors. LEDs are massively used in the most illuminated consumer electronic applications.  The use of LEDs in the front light guide panel enables battery savings, thinner display stacks, daylight readability for the numerous consumer devices. LED lighting has changed the conventional lighting used in household applications. Extended lifespans, reduced energy consumption, Lower maintenance have promoted the growth of LEDs in several household applications.

Market Segmentation by Type

On the basis of type, the global LED market is bifurcated as Visible LED and Infrared LED.

Visible LED

Visible LED is the light emitting device that generates visible illumination when charged with electrical currents. The visible LEDs are mostly used in the automotive industry as indicator lamps. They are also founded in electronic devices such as calculators, digital watches, and smart devices. The ongoing advancements in the automotive lighting systems are anticipated to boost the growth of visible LED in the automotive sector.

Infrared LED

Infrared LED is an LED that emits infrared rays ranging from 700 nm to 1 mm wavelength. They are generally used in the security cameras to capture both day and nighttime images. They are also used in remote-control devices. In this devices, infrared beam with the binary code is transmitted from the remote control to the device.  

Market Segmentation by Application

The report highlighted by applications of the LED market into Indicator Lights, LCD Panel Backlighting, Fibre Optic Data Transmission, Remote Control, and  Optoisolators.  The LEDs are vastly replacing the tradition light emitting technologies across various end-use industries.  In the Automotive industry, they are enormously being used in the interior lighting, and exterior functions.  The growing adoption of LED is expected to boost the demand of LED market in upcoming years. Additionally, declining LED prices coupled with favorable government initiatives to fuel growth of the LED market.

Download Exclusive Sample Copy of Report: https://www.infiniumglobalresearch.com/reports/sample-request/1869

Regional Analysis

Among the regions covered in the scope of the report, Asia Pacific is the largest and fastest growing region in the LED market. Various factors responsible for the growth of the LED market are acceptance light emitting diodes and a large number of market players. In addition, the strong awareness about LED creates its huge demand across consumer electronics and automotive sectors. The ongoing advancements in the consumer electronics are projected to create several opportunities in the LED market over the forecast period.

Market Key Players

The report provides profiles of the companies in the global LED market such as Panasonic, LG, Samsung, Philips, Toshiba Corp, Cooper Industries Plc., Cree Corporation, Osram Opto, Dialight Plc, and Digital Lumens Inc.

Read Detailed Index of full Research Study @ https://www.infiniumglobalresearch.com/ict-semiconductor/global-led-market

About Infinium Global Research

Infinium Global Research and Consulting Solutions is started with a single motto of being a business partner of the first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Contact Us:

Infinium Global Research
Office No. 04, 06, Ganadhish Empire,
Rahatani Corner, Pune, MH 411027
Email: info@infiniumglobalresearch.com
Website: www.infiniumglobalresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release LED Market Growth Analysis, Sales, Demand Status, Trends and Industry Forecast 2024 here

News-ID: 1541627 • Views:

More Releases from Infinium Global Research

Global Aircraft Tyre Market Size Worth USD 2478.09 Million By 2030 | CAGR 5.47%: Infinium Global Research
Global Aircraft Tyre Market Size Worth USD 2478.09 Million By 2030 | CAGR 5.47%: …
Infinium Global Research, a prominent market research firm, has released an in-depth report providing a comprehensive analysis of the Global Aircraft Tyre Market. The report dives into segments and sub-segments, highlighting both global trends and regional insights that significantly impact this dynamic industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1058 Steady Market Growth The global aircraft tyre market, valued at USD 1634.41 million in 2022, is anticipated to surge to
Global Automotive Interior Leather Market to Hit USD 61.6 Billion, Globally By 2030 at 6.50% CAGR | Infinium Global Research
Global Automotive Interior Leather Market to Hit USD 61.6 Billion, Globally By 2 …
Infinium Global Research, a leading research firm, has published an extensive report providing a detailed analysis of the Global Automotive Interior Leather Market. The report offers comprehensive insights into segments and sub-segments, highlighting both global trends and regional dynamics shaping this thriving industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1266 Steady Market Growth The global automotive interior leather market, valued at USD 30.82 billion in 2022, is projected to skyrocket
Global Automatic Car Wash Market Growing at a CAGR of 4.01% to Reach USD 5.82 Billion By 2030 | Infinium Global Research
Global Automatic Car Wash Market Growing at a CAGR of 4.01% to Reach USD 5.82 Bi …
Infinium Global Research, a leading authority in market analysis, has released an extensive report offering a deep dive into the Global Automatic Car Wash Market. The report presents an in-depth analysis of segments and sub-segments, shedding light on both global trends and regional dynamics impacting this burgeoning industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1295 Robust Market Growth The automatic car wash market, valued at USD 4.04 billion
Global Automotive Logistics Market is Anticipated to Reach USD 363.03 Billion at a Robust CAGR of 5.51% Between 2023 to 2030 | Infinium Global Research
Global Automotive Logistics Market is Anticipated to Reach USD 363.03 Billion at …
Infinium Global Research, a leading market research firm, has released an expansive report offering an in-depth analysis of the Global Automotive Logistics Market. The report delves into crucial segments and sub-segments, shedding light on both global and regional dynamics impacting this intricate industry. The comprehensive study reveals the profound impact of drivers, restraints, and macro indicators on the automotive logistics market. Providing a comprehensive outlook, the report highlights evolving trends, forecasts,

All 5 Releases


More Releases for LED

Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=68754 Table of Contents: Table of Contents Global LED Driver (LED Lighting Driver) Market Research Report
Global LED Drivers Market 2017 Trends By Product(Buck-Boost LED Drivers, Multito …
Scope Of Global LED Drivers Market Research Report 2017 Global LED Drivers Market Report Based On Defination, Status and Forecast 2022 contains a market overview of the industry which talks about market Application, production, Consumption, revenue, Gross margin, sales volumes and figures, growth estimation in coming years, current industry leaders and their sales/revenue metrics. Request For Free Sample Report Here : https://www.reportsmonitor.com/request-sample/?post=489550 This report studies the global LED Drivers market, analyzes and
LED Flashlight Market 2017 - SureFire, LED Lenser, Pelican, NovaTac
Apex Research, recently published a detailed market research study focused on the "LED Flashlight Market" across the global, regional and country level. The report provides 360° analysis of "LED Flashlight Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LED Flashlight industry, and estimates the future trend of LED Flashlight market on
LED Light: 2017 Global LED Light Bulb Market Outlook
Orbis Research delivers key insights on the Global LED Light Bulb Market in a new report titled “Global LED Light Bulb Market Research Report 2017-2022 by Players, Regions, Product Types and Applications.” In this report, Orbis Research sheds light on the various factors and trends impacting market growth over the forecast period (2017 – 2022). Description The Global LED Light Bulb Market report offers a comprehensive evaluation of the Global LED