Press release
Future Trends Of LED Market: Key Players like Cree Inc., Lumileds Holding B.V., Samsung Electronics Co. Ltd., Seoul Semiconductor Co. Ltd., Osram Licht Ag, Nichia Corporation, Lg Innotek Co. Ltd
LED
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Government bodies such as local government and municipal utilities and states provide rebates for promoting installation of renewable energy systems and energy efficiency measures. These programs provide funding for energy saving solutions such as bulbs, solar water heating and photovoltaic (PV) systems. Utility companies are also providing various rebates to their commercial and industrial customers for helping them cope with future energy cost increases provide significant energy and economic benefits to the utility system and ratepayers and reduce greenhouse gases. Therefore, this will drive the demand for the LED market.
Increase in government focus on energy saving solutions, increase in utility rebates, and Growing display and large screen backlighting market majorly drive the market. Despite such advantages, high initial cost tends to impede the growth of this market. In the near future, growth of smart lighting and high efficacy LED are factors expected to create lucrative opportunities for the key players operating in the LED market.
The LED market is segmented based on product type, device configuration, technology, end-user, application, and region. Based on product type, it is categorized into LED Lamps, LED Fixtures, based on device configuration, it can be categorized as Pinned LED, Chip on Board LED, Surface-mounted LED and Others. The technology segment is further segmented into basic LED, high brightness LED, OLED, Ultra Violet LED and polymer. The end-user segment is divided into residential, commercial, industrial, outdoor and architectural. The application segment is divided into automotive, general lighting, backlighting, signal & signage and others. Based on region, the market is analyzed across North America, Asia Pacific, Europe, and LAMEA.
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The major players profiled in this study include: Cree Inc., Lumileds Holding B.V., Samsung Electronics Co. Ltd., Seoul Semiconductor Co. Ltd., Osram Licht Ag, Nichia Corporation, Lg Innotek Co. Ltd, General Electric Company (Ge Lighting Solutions), Everlight Electronics Co., Ltd., Lumens Co., Ltd.
KEY BENEFITS FOR STAKEHOLDERS
This study comprises analytical depiction of the global LED market with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2024 to highlight the financial competency of the market.
Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers.
LED Market Key Segments:
By Product Type: LED Lamps, LED Fixtures
By Device Configuration: Pinned LED, Chip on Board LED, Surface-mounted LED, Others
By Technology: Basic LED, High Brightness LED, OLED, Ultra Violet LED, Polymer
By End-user: Residential, Commercial, Industrial, Outdoor, Architectural
By Application: Automotive, General Lighting, Backlighting, Signal & Signage, Others
By Country:
North America: U.S., Canada, Mexico
Europe: UK, Germany, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
LAMEA: Chile, Israel, South Africa, Rest of LAMEA
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Table of content:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: LED MARKET, BY FILTER TYPE
CHAPTER 5: LED MARKET, BY APPLICATION
CHAPTER 6: LED MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: LED MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
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