The global High power LED market has been experiencing a considerable transition in its business dynamics. Various characteristics of high power LEDs, such as long life, compact size, less consumption of power, and high brightness, are boosting the demand for these LEDs across the world. High power LEDs offer higher level of light as compared to traditional LEDs. Compact size, less power consumption, continuous light output, long operating life and low voltage operation are the few factors responsible for high CAGR of the market over the forecast period. Additionally, the growing demand and applications of high brightness LED is also projected to fuel the growth of the market. For instance, in automotive industry, high power LEDs are functioned in exterior and interior applications such as backlighting and flash lighting. Furthermore, growing demand for smart lighting system and increase in awareness pertaining to energy efficient systems are the main factor likely to create lucrative growth opportunity to the market in the upcoming years. But the high temperature and thermal problem is the main limitations of high power LED that is expected to hinder the growth of global High Power LED market during the prediction period.
The high power LED market is expected to grow US$ 6.30 billion by 2027 at a CAGR of 4.5%.
Global High Power LED market is segmented based on Application as, General Lighting, Automotive, Flash Lighting, Backlighting. On the basis of Packaging Type, the global High Power LED market is segregated as Flip Chip, Mesa, and Vertical.
Global High Power LED market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional High Power LED market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of High Power LED market manufacturers. The revenue generated from the sales of High Power LED manufacturer has been calculated through primary and secondary research.
The market size estimation also considered leading players revenues as part of triangulation the key players considered are Cree (US), Nichia (Japan), OSRAM (Germany), Samsung (South Korea), Everlight (Taiwan), Lumileds (Netherlands), Epistar (Taiwan), LG Innotek (South Korea), Broadcom (US), MLS (China), and Seoul Semiconductor (South Korea). The other vital companies are Luckylight Electronics (China), Plessey Semiconductors (UK), Betlux Electronics (China), Effilux (France), Lite-On Technology (Taiwan), Crescent LED (UK), Vollong Electronics (China), and Stanley Electric (Switzerland). Availability in the High Power LED market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes Response Times of segmentation determined using secondary sources and verified through primary sources.
The High Power LED Market has been segmented as below:
High Power LED Market, By Application
High Power LED Market by Response Time
High Power LED Market, By Region
Report scope:
The global High Power LED market report covers detailed study with the underlying influencing factors for the variations in the Application growth trends. The report scope includes market analysis on regional as well as country level.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1. Secondary Research
2.3.2. Primary Research
2.3.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach
2.4.2. Top-Down Approach
3. Executive Summary
4. High Power LED Market, By Application
4.1. Key Points
4.2. Flash Lighting
4.2.1. Market Overview
4.2.2. Market Size & Forecast
4.3. Backlighting
4.3.1. Market Overview
4.3.2. Market Size & Forecast
4.4. Others
4.4.1. Market Overview
4.4.2. Market Size & Forecast
4.5. General Lighting
4.5.1. Market Overview
4.5.2. Market Size & Forecast
4.6. Automotive
4.6.1. Market Overview
4.6.2. Market Size & Forecast
5. High Power LED Market, By Response Time
5.1. Key Points
5.2. Mesa
5.2.1. Market Overview
5.2.2. Market Size & Forecast
5.3. Vertical
5.3.1. Market Overview
5.3.2. Market Size & Forecast
5.4. Flip Chip
5.4.1. Market Overview
5.4.2. Market Size & Forecast
6. High Power LED Market, By Region
6.1. North America
6.1.1. North America High Power LED Market, By Application
6.1.2. North America High Power LED Market, By Response Time
6.1.3. By Country
6.1.3.1. U.S
6.1.3.2. Canada
6.1.3.3. Mexico
6.2. Europe
6.2.1. Europe High Power LED Market, By Application
6.2.2. Europe High Power LED Market, By Response Time
6.2.3. By Country
6.2.3.1. U.K
6.2.3.2. Germany
6.2.3.3. Italy
6.2.3.4. France
6.2.3.5. Rest of Europe
6.3. Asia Pacific
6.3.1. Asia Pacific High Power LED Market, By Application
6.3.2. Asia Pacific High Power LED Market, By Response Time
6.3.3. By Country
6.3.3.1. China
6.3.3.2. Australia
6.3.3.3. Japan
6.3.3.4. South Korea
6.3.3.5. India
6.3.3.6. Rest of Asia Pacific
6.4. Rest of World
6.4.1. Rest of World High Power LED Market, By Application
6.4.2. Rest of World High Power LED Market, By Response Time
The High Power LED Market has been segmented as below:
High Power LED Market, By Application
High Power LED Market by Response Time
High Power LED Market, By Region
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