Press release
Light Emitting Diodes Market (LED) Currently Booming in Asia-Pacific with Future Trends Adopted By the Key Market Players
The LED market in APAC region is growing at a fast pace owing to the increasing usage of LEDs in different application sectors such as general lighting, automobiles, and mobile phones backlighting among others. The commercial users across Asia-Pacific region are finding ways to replace CFL bulbs with LEDs, as LED requires approximately 30% lesser power as compared to CFL bulbs. Moreover, projects for replacement of CFL street lights with LED, are being undertaken in different countries in the region, owing to a number of features such as dimmability and benefits such as low power consumption and longer life.Asia-Pacific Light Emitting Diodes Market Report, published by Allied Market Research, forecasts that the Asia-Pacific market is expected to garner $35.8 billion by 2020, registering a CAGR of 15.7% during the period 2015-2020. China leads the Asia-Pacific LED market, owing to supportive government initiative & policies and growing demand for LED from diverse industry verticals. However, India is expected to witness the fastest growth during the forecast period.
Based on application, mobile devices, general lighting and automotive are the three most prominent segments where LED technology is implemented. Mobile devices segment being the largest of the three, accounted for about 27% of the total LED market revenue in 2014. Major mobile companies such as Samsung use Organic LEDs (O-LED) in mobile phones that contribute to the growth of the LED market.
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The different technologies covered in the report include basic LED, High Brightness LED, Organic LED, Ultra Violet LED and Polymer LED. High brightness LED segment is the key revenue contributor, accounting for over 60% of the market throughout the analysis period.
Key findings of Asia-Pacific LED Market:
• India is expected to be one of the most opportunistic markets, owing to favorable government initiatives and growth of the smartphone and automotive market
• The Organic LED is expected to grow swiftly during the forecast period owing to its increased application in consumer appliances such as mobile phones & LED TVs
• Mobile devices segment dominates the Asia-Pacific LED market with accounting for about 27% of the total LED market revenue in 2014, and would remain the leading application segment throughout the forecast period
The prominent companies profiled in this report include, Samsung Electronics Co. Ltd., Cree Incorporation, Seoul Semiconductors Co. Ltd., and OSRAM Licht, AG, among others. Numerous companies have focused on innovative product development to cater to the growing needs of the industry. Market players have adopted product launch, partnership, and acquisitions as their key strategies to enhance their product portfolio and magnify their consumer base.
List of Tables
TABLE 1 APAC LED MARKET REVENUE BY REGION, 20142020 ($ MILLION)
TABLE 2 APAC LED BASE CASE SCENARIO MARKET REVENUE BY REGION, 20202025 ($ MILLION)
TABLE 3 APAC LED OPTIMISTIC CASE SCENARIO MARKET REVENUE BY REGION, 20202025 ($ MILLION)
TABLE 4 APAC LED CRITICAL CASE SCENARIO MARKET REVENUE BY REGION, 2020-2025 ($ MILLION)
TABLE 5 APAC LED MARKET REVENUE BY TECHNOLOGY, 2014-2020 ($ MILLION)
TABLE 6 APAC BASIC LED TECHNOLOGY MARKET REVENUE BY REGION, 2014-2020 ($ MILLION)
TABLE 7 APAC HIGH BRIGHTNESS LED TECHNOLOGY MARKET REVENUE BY REGION, 2014-2020 ($ MILLION)
TABLE 8 APAC ORGANIC LED TECHNOLOGY MARKET REVENUE BY REGION, 2014-2020 ($ MILLION)
TABLE 9 APAC UV-LED TECHNOLOGY MARKET REVENUE BY REGION, 2014-2020 ($ MILLION)
TABLE 10 APAC POLYMER LED TECHNOLOGY MARKET REVENUE BY REGION, 2014-2020 ($ MILLION)
TABLE 11 APAC LED MARKET REVENUE BY APPLICATION 2014-2020 ($ MILLION)
TABLE 12 APAC AUTOMOTIVE LED APPLICATION MARKET REVENUE BY REGION 2014-2020 ($ MILLION)
TABLE 13 APAC GENERAL LIGHTING LED APPLICATION MARKET REVENUE BY REGION 2014-2020 ($ MILLION)
TABLE 14 APAC BACKLIGHTING LED APPLICATION MARKET REVENUE BY REGION 2014-2020 ($ MILLION)
TABLE 15 APAC MOBILE DEVICES APPLICATION MARKET REVENUE BY REGION 2014-2020 ($ MILLION)
TABLE 16 APAC SIGNALS AND SIGNAGE APLLICATION MARKET REVENUE BY REGION 2014-2020 ($ MILLION)
TABLE 17 APAC OTHER APLLICATION MARKET REVENUE BY REGION 2014-2020 ($ MILLION)
TABLE 18 APAC LED MARKET REVENUE, BY COUNTRY, 2014-2020($MILLION)
TABLE 19 CHINESE LED MARKET REVENUE BY TECHNOLOGY, 2014-2020 ($ MILLION)
TABLE 20 JAPANESE LED MARKET REVENUE BY TECHNOLOGY, 2014-2020 ($ MILLION)
TABLE 21 INDIAN LED MARKET REVENUE BY TECHNOLOGY, 2014-2020 ($ MILLION)
TABLE 22 SOUTH KOREAN MARKET REVENUE BY TECHNOLOGY, 2014-2020 ($ MILLION)
TABLE 23 SAMSUNG ELECTRONICS CO. LTD BUSINESS SNAPSHOT
TABLE 24 CREE INCORPORATION CO. LTD BUSINESS SNAPSHOT
TABLE 25 SEOUL SEMICONDUCTOR CO. LTD SNAPSHOT
TABLE 26 OSRAM LICHT AG SNAPSHOT
TABLE 27 NICHIA CORPORATION SNAPSHOT
TABLE 28 LG INNOTEK CO LTD SNAPSHOT
TABLE 29 GE LIGHTNING SOLUTIONS SNAPSHOT
TABLE 30 TOYODA GOSEI CO. LTD. SNAPSHOT
TABLE 31 PHILIPS LUMILEDS LIGHTING COMPANY SNAPSHOT
TABLE 32 PANASONIC CORPORATION BUSINESS SNAPSHOT
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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