Press release
High Brightness LED Market Size Projected To Reach $35.84 Billion By 2034 With A Cagr Of 8.7%
High Brightness LED
What Is the Projected Growth of the High Brightness LED Market?
The market size for high brightness LED has seen significant expansion in the previous years. It's set to surge from $23.59 billion in 2024 to $25.71 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. Factors such as energy efficiency rules, falling prices of LEDs, public environmental cognizance, and government incentives contried to this growth during the historic timeline.
The market size for high brightness LEDs is projected to witness robust expansion in the coming years, reaching a valuation of $35.84 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 8.7%. The expected growth during the forecast period is due to factors like urbanization patterns, the establishment of smart cities, a surge in demand for vehicle lighting, increasing usage of OLED technology, and the broadening scope of IoT applications. The impending period positively highlights the progression in horticulture illumination, the emergence of UV LED applications, inclusion of high brightness LEDs in wearable devices, and their rising integration in healthcare lighting.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14928
What Are the Different High Brightness LED Market Segments?
The high brightness led market covered in this report is segmented -
1) By Type: 6V, 12V, 24V
2) By Technology: Mesa, Flip Chip, Vertical
3) By Distriion Channel: Offline, Online
4) By Application: Automotive Lighting, General Lighting, Backlighting, Mobile Device, Signals And Signage, Other Applications
5) By End-Use Sector: Commercial, Residential, Industrial, Other End-Users
Subsegments:
1) By 6V: Standard 6V LEDs, High Power 6V LEDs, RGB 6V LEDs
2) By 12V: Standard 12V LEDs, High Power 12V LEDs, RGB 12V LEDs
3) By 24V: Standard 24V LEDs, High Power 24V LEDs, RGB 24V LEDs
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14928&type=smp
What Are the Primary Drivers Shaping the High Brightness LED Market?
The rising desire for electronic equipment is predicted to stimulate the growth of the high-brightness LED market. Such devices direct the electrical current to manage data processing and overall system function. Multiple factors, including technological advancements, lifestyle transitions, market expansion in developing economies, and environmental consciousness, are fueling the increased demand for these electronic devices. The exceptional performance, energy efficiency, and design versatility of HB-LEDs are used in these electronic devices, boosting their use in consumer electronics and contriing to market growth. As per the data from Pomodoro Timer, a simple online timer platform based in Ukraine, the revenue generated by tech electronics devices hit $14.21 billion in 2022, with projections of a 17% surge by 2025. Consequently, the rising demand for electronic devices is a significant factor propelling the expansion of the high-brightness LED market.
Which Companies Are Leading in the High Brightness LED Market?
Major companies operating in the high brightness LED market are Samsung Electronics Co. Ltd., LG Electronics, General Electric Company, Broadcom, Eaton Technologies, Koninklijke Philips N.V., Toyoda Gosei Co. Ltd., Lite-On Technology Corporation, OSRAM Licht, Seoul Semiconductor Co. Ltd., Everlight Electronics Co. Ltd., Viewsonic Corporation, Cree LED, Lumileds Holding B.V., Moritex Corporation, Lumex, Plessey, Kingbright Company LLC., Genesis Photonics Inc., Intematix Corporation, Luckylight Electronics Co. Ltd., Epistar Corporation, Nichia Corporation, American Bright Optoelectronics Corporation, Syska
What Trends Are Expected to Dominate the High Brightness LED Market in the Next 5 Years?
Top businesses in the high-brightness LED market are concentrating on producing innovative LED technology for large-format, high-resolution video panels with improved visual effectiveness, power efficiency, and longevity to cater to the increasing demand for vibrant and dependable displays in uses such as digital signage, sporting arenas, and outdoor promotion. These innovative LEDs are specially built to ensure superior brightness and clarity, which are crucial for large-format, high-resolution displays commonly seen in outdoor billboards, sports stadiums, and digital signage. Take, for example, Cree LED, a US-origin LED solutions provider, launched three new surface mount diode (SMD) LEDs in February 2023, tailored for large-format, high-resolution video screen uses. The intention behind these innovations is to improve image quality and trustworthiness across various display settings like stadiums, airports, command centers, and outside signage. All these three products provide superior brightness, guaranteeing vibrant hues and legibility even under challenging illumination circumstances. Additionally, these LEDs are designed to endure severe environmental conditions, thus making them suitable for indoor and outdoor uses alike.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/high-brightness-led-global-market-report
What Are the Top Revenue-Generating Geographies in the High Brightness LED Market?
Asia-Pacific was the largest region in the high brightness LED market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the high brightness LED market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the High Brightness LED Market?
2. What is the CAGR expected in the High Brightness LED Market?
3. What Are the Key Innovations Transforming the High Brightness LED Industry?
4. Which Region Is Leading the High Brightness LED Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release High Brightness LED Market Size Projected To Reach $35.84 Billion By 2034 With A Cagr Of 8.7% here
News-ID: 4025917 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
