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Light Emitting Diode Chipsets Market - Recent Study including Growth Factors, Applications, Regional Analysis, Key Players and Forecasts

03-09-2018 07:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Regular light emitting diode (LED) technology cannot produce the required high lumen output and intensity distinctiveness required to substitute arc lamps. PhlatLight LEDs are unique patented LEDs installed in all the Samsung TVs are planned and manufactured by Luminus Devices, based in US.

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A single Red green blue PhlatLight LED chipset lights up the projection TVs. The demand for these LED chipsets was very high in 2012-13 and is expected to remain same without any further changes. Due to the wide usage of these LED chipsets the market is expected to see a growing curve.

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The growing need for projection TV’s and expanding need for energy efficient lighting coupled with encouraging government policies in the direction of implementing LED chipsets. LED chipsets are used in broad variety of applications which include consumer electronics backlighting such as laptops, phones and LCD TVs and lighting (automotive lighting, street lighting and general illumination).

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LED chipsets are offered in different variants such as red, green, yellow, infrared, white and blue.Industrial and commercial buildings are the most significant areas of application. Lighting amounts up to 30% of whole energy cost, in commercial buildings.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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