Press release
LED Lamp Beads Market Statistics, Cagr, Outlook, And Covid-19 Impact 2021 – 2027
The LED Lamp Beads Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global LED Lamp Beads Market Size is Projected to Reach at a CAGR of 10% during 2021-2027.
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Top Leading Companies:
Nichia, Osram Opto Semiconductors, Samsung LED, Lumileds, Seoul Semiconductor, MLS CO.,LTD, Everlight, Cree Inc., Foshan NationStar Optoelectronics, HongLi ZhiHui, Liteon, Refond
Recent Development:
OSRAM has agreed to acquire U.S.-based LED Engin Inc. in San Jose, California. The company has approximately 30 employees and annual sales of around USD 10 million. LED Engin specializes in ultra-bright, ultra-compact solid-state lighting solutions for a variety of speciality markets including entertainment lighting, ultraviolet, horticulture, tunable white and medical lighting applications. Its products mainly incorporate LED chips from Osram Opto Semiconductors. “LED Engin opens up new opportunities for us to offer our customers tailored speciality lighting solutions. LED Engin products are suitable for a variety of speciality applications, making them an ideal addition to our portfolio,” said Hans-Joachim Schwabe, CEO of OSRAM’s Specialty Lighting (SP) business unit. LED Engin will be integrated into the professional and industrial applications section of the SP business unit. LED Engin products are used in applications where powerful, compact LED light sources or special customized LEDs are required, for example to light restaurants, shops, museums, and galleries. The company also supplies lighting products for horticulture markets and powerful UV LEDs for industrial applications, such as the printing, curing and dental markets. In the enter
Hongli Zhihui Group (HONGLITRONIC) Stock Code: 300219 is a Global LED components and LED solution provider with a strategic advantage of LED package, Automotive lighting and vehicular networking. Founded in 2004, the headquarters is located in Guangzhou. Specialized in production and development of SMD LEDs, COB LEDs, High Power LEDs, Automotive LEDs, Mini LEDs, UV LEDs, Infrared LEDs etc, which widely applied in general lighting, TV backlight, display, 3C, automotive lighting and other fields. Honglizhihui currently has two LED package plants, located in Guangzhou and Nanchang city. With 889 patents worldwide (2018Q4), the laboratory is CNAS (CNAS LAB CODE L7029) accredited, also recognized by US EPA for LED Packages/Arrays/Modules IES LM-80 testing and CIE 127-2007 standard testing. Hongli Zhihui rank No. 7 in the 2018 Global LED Market Share Ranking.
LED Lamp Beads Market Segmentation by Type:
SMD LED Lamp Bead
Directly-inserted LED Lamp Beads
LED Lamp Beads Market Segmentation by Application:
Mobile Home Appliance
LED Display Industry
Lighting Industry
Automotive Industry
Others
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North America Dominates the Market:
North America is one of the leading regions in the market due to numerous cross-industry collaborations taking place between automotive original equipment manufacturers and mobile network operators (MNOs) are taking place for continuous internet connectivity inside a car to enhance the user experience of connected living while driving. Asia-Pacific region is one of the prominent players in the market owing to large enterprises and SMEs in the region are increasingly adopting LED Lamp Beads solutions. In Latin America, nearly 80% of the total population resides in urban areas, which is expected to rise during the forecast period. By the end of 2045, urban dwellers are estimated to increase by two billion globally. Thus, in such a scenario, it becomes essential for countries to use energy more efficiently and fuel the market's growth. Moreover, the Brazilian government issued a decree to replace incandescent bulbs with LED lighting products used in various road lighting and tunnel lighting. Also, healthy economic growth, robust industrialization, and urbanization tend to be some of the market's macroeconomic factors.
Regional LED Lamp Beads Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the LED Lamp Beads Market Report:
Detailed overview of LED Lamp Beads Market
Changing the LED Lamp Beads market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected LED Lamp Beads market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of LED Lamp Beads Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the LED Lamp Beads Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. LED Lamp Beads industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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