Press release
LED Phosphor Market Size to Observe Steady Growth
Although LED industry is booming in demand, there are certain challenges faced by this industry:
Unpleasant warmth or coolness
Poor color rendering compared to conventional incandescent bulbs
Variation in LED color temperature with viewing angle
Research and development is been done by most manufacturers to overcome these challenges. This is also serving as an opportunity for the LED manufacturers designing LED lighting phosphors that influence LED color temperatures and color rendering.
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LED phosphor market is growing considerably and this growth is expected to rise tremendously in upcoming years owing to the advantages like reduced energy consumption and CO2 emission. This industry is forecasted to reach 1,350 billion over the year 2015 with the compounded annual growth rate of 29% during the forecasted period.
Market Segmentation
Based on End Use Applications
Automotive
Phones
Portable PCs (Netbooks)
LCD TV
Lighting
This research report analyzes this market depending on its market segments and major geographies. Geographies analyzed under this research report are
North America
Asia Pacific
Europe
Rest of the World
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Some of the key players dominating this market are Avago Technologies, Citizen Electronics Co. Ltd., Cree Inc., Epistar Corporation, Everlight Electronics Co. Ltd., General Electric Company, Edison Opto Corporation, Nichia Corporation, Philips Lumileds Lighting Company, Seoul Semiconductor Co. Ltd., Stanley Electric Co. Ltd., OSRAM SYLVANIA Inc., Universal Display Corporation, and others.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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