Press release
LED Market Growth Analysis, Sales, Demand Status, Trends and Industry Forecast 2024
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, 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 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 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 …
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,…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
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…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…