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Global Light Emitting Diode (LED) Market Trends, Drivers, Strategies, Applications And Competitive Landscape (2021-2030)
Light Emitting Diode (LED) Market
The light emitting diode (led) market report describes and explains the global light emitting diode (led) market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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. LEDs are very small, consumes less electric power and can emit lights of different colors based on the semiconductor used in it.
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%.
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Some of the major players of 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.
The global light emitting diode (led) market is segmented -
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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Few Points From Table Of Content
1. Executive Summary
2. Light Emitting Diode (LED) Market Characteristics
3. Light Emitting Diode (LED) Market Trends And Strategies
4. Impact Of COVID-19 On Light Emitting Diode (LED)
5. Light Emitting Diode (LED) Market Size And Growth
....
26. Africa Light Emitting Diode (LED) Market
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
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