Press release
Flash LED Market Size to Expand at a CAGR of 4.5% during 2023-2028.
The latest report by IMARC Group, titled " ๐ ๐ฅ๐๐ฌ๐ก ๐๐๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐", The global flash LED market size reached US$ 5.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.Flash LED is a crucial component that enhances low-light photography and videography by providing illumination to objects. It enables capturing high-resolution images and videos with exceptional brightness and a wide-angle view. In addition, it offers advantages such as longer flash duration, improved mechanical stability, and an adjustable color temperature spectrum using red, green, and blue (RGB) LEDs. Unlike other lighting methods that require color filters, flash LEDs can emit light of a specific color directly. It is known for its compact size and minimal heat radiation, distinguishing it from other lighting sources. It also provides excellent resistance to shock, minimizes heat radiation, and consumes less power compared to xenon flashlights. As a result, flash LED finds extensive applications in the production of feature phones, smartphones, digital video cameras, and various other electronic devices across the globe.
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐๐๐ง ๐ซ๐๐๐๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/flash-led-market/requestsample
Flash LED Market Trends and Drivers:
The global flash LED market is primarily driven by the rising integration of flash LEDs in smartphones due to their high optical compatibility, efficient pulsing capacity, and ability to transfer modules for increased light output. Moreover, the escalating demand for smartphones with flash LEDs owing to the rising desire for premium image quality is positively influencing the market growth. Along with this, the growing popularity of 3D cameras in smartphones, which enhance picture and video clarity, has augmented the demand for flash LEDs. Additionally, these LEDs are often accompanied by 3D sensors in smartphone cameras, enabling object sensing and high-definition imaging in low-light environments. In line with this, the rising demand for high-end smartphones and digital cameras due to rising consumer living standards and inflating disposable incomes has catalyzed the market growth. Besides this, the shifting consumer preferences from xenon flashlights toward flash LEDs owing to their lower power consumption and constant illumination capacity has accelerated the product adoption rate. In addition, the surging popularity of flash LEDs among smartphone manufacturers, as they operate at low voltage, offer extreme miniaturization, and provide higher efficiency, is another major growth-inducing factor. Furthermore, numerous technological advancements, including the introduction of innovative flash LED variants, such as programmable and dual flash LEDs, are contributing to the market growth. Apart from this, the rising use of flash LEDs as autofocus assist lamps or AF illuminators in low-light and low-contrast conditions is propelling market growth. Other factors, including extensive research and development (R&D) activities by key players, rapid technological developments, ongoing product innovations in the consumer electronics sector, the rising number of large-scale replacements of traditional luminaires, and declining costs of LED components, are also anticipated to drive the market toward growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Power Consumption:
โข Less than 1 A
โข More than or Equal to 1 A
Breakup by Types of Device:
โข Smartphones
โข Feature Phones
โข Others
Market Breakup by Region:
โข North America (United States, Canada)
โข Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐:https://www.imarcgroup.com/flash-led-market
Competitive Landscape with Key Player:
โข Cree Inc.
โข Epistar Corporation
โข Everlight Electronics Co. Ltd.
โข Shenzhen Jufei Optoelectronics Co. Ltd.
โข Lumileds Holding B.V.
โข LG Innotek
โข Osram Gmbh.
โข Samsung
โข Semileds Corporation
โข Seoul Semiconductors Co. Ltd.
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐ญ๐ก๐๐ซ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ :
โข https://www.imarcgroup.com/distributed-control-systems-market
โข https://www.imarcgroup.com/sports-energy-drinks-market
โข https://www.imarcgroup.com/trenbolone-enanthate-market
โข https://www.imarcgroup.com/carbon-dioxide-incubators-market
โข https://www.imarcgroup.com/machine-learning-chip-market
โข https://www.imarcgroup.com/automotive-lead-acid-battery-market
โข https://www.imarcgroup.com/dna-sequencing-products-market
โข https://www.imarcgroup.com/microturbine-market
โข https://www.imarcgroup.com/steam-autoclaves-market
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 |United Kingdom: +44-753-713-2163
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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