The high power LED market is expected to grow at a CAGR 3.18% rate during the forecast period. The long life & continuous usage, small size, less power consumption & low voltage, and increasing high brightness application are the major factors fueling the growth of the overall market.High power LED with vertical packaging to grow at a considerable CAGR to lead the market during the forecast period. The vertical packaging structure is used majorly for high and super high power applications. It consists of a conductive substrate at the bottom, which forms a bottom electrode, and the current flows in a vertical direction. These advantages offered by the vertical packaging would help the market to grow at a higher CAGR as compared to the Mesa packaging.
Flash lighting application to witness high growth in high power LED market. The demand from the mobile phone users for cameras providing high-quality image capture in dim light environments, such as night clubs and restaurants, has compelled smartphone manufacturers to include high power LEDs in a flash lighting module. Often the light available for taking photographs from mobile phones is insufficient, and hence, the use of flashlight units as an additional light source is essential.
Europe to account for a substantial share in high power LED market during the forecast period. With significant technological innovations taking place in it, Europe is an important region in the market. The UK, Germany, and France are key European countries that have been contributing significantly to the market. OSRAM, Lumileds, and Plessey Semiconductor are key high power LED manufacturing companies in this region. Germany, UK, and France together are expected to hold a significant share of the market, with the general and automotive lighting applications offering numerous growth prospects to the market players.
Key Market Players includes 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)
Key Questions Addressed by the Report
- Which are the major applications in the market? How big is the opportunity for their growth in the developing economies in the next five years?
- Which are the major companies in the market? What are their strategies to strengthen their market presence?
- Will the growth of smart lighting, and the use of energy-efficient systems help drive the implementation of high power LED in the general lighting applications?
- Which are the leading countries in the market? What would be the share of North America and Europe in this market for the next five years?
- What will be the role of the standards and regulations by governments and associations in the adoption of high power LED?
- Introduction
- Market Definition
- Study Scope
- Study Period
- Market Stakeholders
- Research Methodology
- Secondary Research
- Primary Research
- Research Design
- Data Validation
- Limitations and Assumptions
- Market Dynamics
- Drivers
- Long Life and Continuous Usage
- Small Size, Less Power Consumption, and Low Voltage
- Increasing High Brightness LED Applications
- Challenges
- High initial cost
- Overcoming the Thermal Problems
- Opportunities
- Increased Demand for Smart Lighting Systems
- Increased Awareness Regarding Implementation of Energy-Efficient Systems
- Executive Summary
- High Power LED Market, By Packaging Type
- Mesa
- Flip Chip
- Vertical
- High Power LED Market, By Application
- Automotive
- General lighting
- Backlighting
- Flash lighting
- Others
- High Power LED Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- Japan
- China
- South Korea
- Rest of APAC
- Rest of the World
- South America
- Middle East and Africa
- Company Profiles
- Leading Companies in High Power LED Market
- Cree
- Nichia
- OSRAM Opto Semiconductors
- Samsung Electronics
- Lumileds
- Everlight Electronics
- Epistar
- Seoul Semiconductor
- LG Innotek
- Broadcom
- MLS Co. Ltd.
- Other Companies in High Power LED Market
- *Company introduction, financial information, recent developments, SWOT analysis
- Conclusion and Recommendations
- Appendix
- About
- Related Reports
- Glossary
