LED Materials Market Release involving Global Key Players by WMR

Western Market Research has promoted its recent exclusive report on " LED Materials Market Size And Forecast To 2025" which is based on comprehensive research and supported by robust, carefully validated data, this 148 pages report will serve as a complete guide for organizations and governments across the globe aspiring to make a strategic move in strengthening their presence in the sector. It will also serve as a very insightful tool for those organizations seeking to deepen their knowledge in the sector.

Market Overview:
The global LED materials market was valued at USD 7.74 billion in 2016 and is projected to reach USD 17.95 billion by 2025, growing at a CAGR of 9.8% from 2017 to 2025. LED materials are finding greater acceptance owing to added benefits provided by the products manufactured from these materials. The products offer advantages such as cost and energy efficiency owing to which demand for LED materials is expected to grow rapidly over the forecast period.

Sample Infographics:

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Market Dynamics:
1. Market Drivers
1.1 Ban on the usage of incandescent lamps
1.2 Government subsidies for LED Bulbs

2. Market Restraints
2.1 Short lifespan of LED bulbs

Market Segmentation:
The global LED materials market is segmented on the basis of product, application, and region.
1. By Product:
1.1 Substrate Materials
1.1.1 Silicon Carbide
1.1.2 Silicon
1.1.3 Sapphire
1.2 Wafers
1.2.1 Gallium Arsenide
1.2.2 Gallium Nitride
1.3 Epitaxy Materials
1.3.1 Trimethylgallium
1.3.2 Trimethyaluminium
1.4 Phosphor

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2. By Application:
2.1 General Lighting
2.1.1 Residential Lighting
2.1.2 Industrial Lighting
2.1.3 Outdoor Lighting
2.1.4 Others

2.2 Automotive Lighting
2.2.1 Interior Lighting
2.2.2 Exterior Lighting
2.2.3 Backlighting
2.2.4 Televisions
2.2.5 Monitors
2.2.6 Handheld devices
2.2.7 Others

2.3 Others

3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa

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Competitive Landscape:
The major players in the market are as follows:
1. Epistar Corporation
2. Cree Inc.
3. AkzoNobel N.V.
4. Hitachi Metals Ltd.
5. MTI Corporation
6. Koninjklike Philips N.V.
7. Osram Licht AG
8. Sumitomo Electric Industries
9. II-VI Incorporated
10. Nichia Corporation
11. UBE Industries Ltd.
12. Epigan NV
13. Addison Engineering Inc.
14. Soraa
15. LG Innotek

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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