Press release
Light Emitting Diode (LED) Market 2021 Trends, Growth Demand, Opportunities And Forecast To 2025
The global light emitting diode (LED) market is expected to grow from $71.25 billion in 2020 to $78.29 billion in 2021 at a compound annual growth rate (CAGR) of 9.9%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $124.7 billion in 2025 at a CAGR of 12%.The Business Research Company offers "Light Emitting Diode (LED) Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.
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The light emitting diode (LED) market consists of sales of light emitting diode (LED) and related services. It is widely used in backlighting of TV, mobile phones, automotive lighting and display boards. A light emitting diode (LED) emits light as electrical current passes through it.
Some of the key players involved in the light emitting diode (led) market are OSRAM Licht AG, Cree, Inc., Phillips Lighting Holding, Lumiled holding B.V, Cooper Industries, Virtual Extension, Dialight plc, Zumtobel Group AG, Samsung, Sharp Corporation, LG Innotek, General Electric Company, everylight electronics, Nichia Corporation, Broadcom Inc., Toyota Motor Corporation (Japan), Mercedes-Benz (Germany), Plessey Semiconductors Ltd., Seoul Semiconductor Co. Ltd., Moritex Corporation, STMicroelectronics, Texas Instruments, Inc., ROHM Semiconductors, Seoul Semiconductor Co. Ltd.
The countries covered in the global light emitting diode (led) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global light emitting diode (led) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Light Emitting Diode (LED) Market Segmentation:
1) By Product Type: LED Lamps, LED fixtures
2) By Technology: Basic LED, High Brightness LED, OLED, Polymer, Ultra Violet LED
3) By End-User: Residential, Commercial, Industrial
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A Few Points From The Table Of Content
1. Executive Summary
2. Light Emitting Diode (LED) Market Characteristics
3. Light Emitting Diode (LED) Market Size And Growth
4. Light Emitting Diode (LED) Market Segmentation
5. Light Emitting Diode (LED) Market Regional And Country Analysis
……
27. Light Emitting Diode (LED) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Light Emitting Diode (LED) Market
29. Light Emitting Diode (LED) Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the light emitting diode (led) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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