Press release
High Brightness LED Market 2019 Industry Overview by Epistar Corporation, Cree, Moritex Corporation, Samsung Electronics, Seoul semiconductor, Osram Opto Semiconductors GmbH, Toyoda Gosei and others
Market HighlightsHigh brightness LED is an advanced LED type with higher luminosity output that can withstand higher current levels and power dissipation. These light emitting diodes provides well distributed and uniform lighting output while using lower energy. Owing to their high bay lighting property they are ideal for manufacturing units, warehouses, and outdoor fields that require multiple distributions with suitability to varied color temperature.
High Brightness LED market is expected to grow from USD 17 billion in 2017 to USD 23 billion by 2023, at a compound annual growth rate (CAGR) of 4.73% during the forecast period. The growing need for cost-effective, energy-efficient, and effective large screen backlighting coupled with growing focus on photovoltaic technology to promote energy conservation drive the growth of high brightness LED automation market.
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Key players
The prominent players in the High Brightness LED market have been identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. The major vendors of the market are Epistar Corporation (Taiwan), Cree, Inc. (US), Lumileds Holding B.V. (Netherland), Moritex Corporation (Japan), Samsung Electronics Co Ltd (South Korea), Seoul semiconductor (South Korea), Osram Opto Semiconductors GmbH (Germany), American Bright Optoelectronics Corps (US), Nichia Corporation (Japan), and Toyoda Gosei (Japan).
These players are adopting strategies such as mergers & acquisitions, partnerships & collaborations, and new product launches to increase their shares in the global High Brightness LED market.
Intended Audience
• LED manufacturers
• Sapphire makers
• Display panel manufacturers
• Brand customers/OEMs/ODMs
• OSAT and foundries
• Display-related service providers
• Display-related associations, organizations, forums, and alliances
• Government bodies such as regulatory authorities and policy-makers
• Venture capitalists, financial and strategic investors, and start-ups
• Semiconductor component suppliers
• Distributors and sales firms of display panels and devices
• End users of display devices
• Research institutes, organizations, and consulting companies
Competitive Analysis
The high brightness LED market has witnessed the high demand from energy conservation projects being implemented globally and green construction. Key players are adopting strategies such as mergers & acquisitions, partnerships & collaborations, and new product launches to increase their shares in the global High Brightness LED market. XX% of the total company developments were a part of partnership & collaboration whereas, new product launches and product enhancements accounted for XX% of the total strategic developments adopted by the key players in the market.
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List Of Tables
Table 1 Global High Brightness LED Market, By Region, 2018–2023
Table 2 North America: High Brightness LED Market, By Country, 2018–2023
Table 3 Europe: High Brightness LED Market, By Country, 2018–2023
Table 4 Asia-Pacific: High Brightness LED Market, By Country, 2018–2023
Table 5 Middle East & Africa: High Brightness LED Market, By Country, 2018–2023
Table 6 Latin America: High Brightness LED Market, By Country, 2018–2023
Table 7 Global High Brightness LED Type Market, By Region, 2018–2023
Table 8 North America: High Brightness LED Type Market, By Country, 2018–2023
Table 9 Europe: High Brightness LED Type Market, By Country, 2018–2023
Table10 Asia-Pacific: High Brightness LED Type Market, By Country, 2018–2023
Continue…
List Of Figures
Figure 1 Global High Brightness LED Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis Of Global High Brightness LED Market
Figure 4 Value Chain Of Global High Brightness LED Market
Figure 5 Share Of Global High Brightness LED Market In 2017, By Country (In %)
Figure 6 Global High Brightness LED Market, 2018–2023
Continue…
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