The global LED Components market size was valued at US$ 11780 million in 2023. With growing demand in downstream market, the LED Components is forecast to a readjusted size of US$ 16090 million by 2030 with a CAGR of 4.6% during review period.
The research report highlights the growth potential of the global LED Components market. LED Components are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of LED Components. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the LED Components market.
A light-emitting diode (LED) is a two-lead semiconductor light source. It is a p鈥搉 junction diode that emits light when activated. When a suitable current is applied to the leads, electrons are able to recombine with electron holes within the device, releasing energy in the form of photons. This effect is called electroluminescence, and the colour of the light (corresponding to the energy of the photon) is determined by the energy band gap of the semiconductor. LEDs are typically small (less than 1 mm2) and integrated optical components may be used to shape the radiation pattern.
LED uses fall into three major categories which are Indicators and signs, Data communication and signaling, and Lighting. The low energy consumption, low maintenance and small size of LEDs has led to uses as status indicators and displays on a variety of equipment and installations. Large-area LED displays are used as stadium displays, dynamic decorative displays, and dynamic message signs on freeways. Thin, lightweight message displays are used at airports and railway stations, and as destination displays for trains, buses, trams, and ferries. With the development of high-efficiency and high-power LEDs, it has become possible to use LEDs in lighting and illumination. LEDs are used as street lights and in other architectural lighting. The mechanical robustness and long lifetime are used in automotive lighting on cars, motorcycles, and bicycle lights. Light can be used to transmit data and analog signals. For example, lighting white LEDs can be used in systems assisting people to navigate in closed spaces while searching necessary rooms or objects.
Key Features:
The report on LED Components market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the LED Components market. It may include historical data, market segmentation by Type (e.g., Miniature LED, High-Power LED), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the LED Components market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the LED Components market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the LED Components industry. This include advancements in LED Components technology, LED Components new entrants, LED Components new investment, and other innovations that are shaping the future of LED Components.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the LED Components market. It includes factors influencing customer ' purchasing decisions, preferences for LED Components product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the LED Components market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting LED Components market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the LED Components market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the LED Components industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the LED Components market.
Market Segmentation:
LED Components market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Miniature LED
High-Power LED
AC-Driven LED
Segmentation by application
Indicators and Signs
Lighting
Data Communication
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Everlight Electronics
Epistar
Huga Opotech
Lite-On Optoelectronics
Techcore
Kingbright
Lextar Electronics
Taiwan Semiconductor Manufacturing
Opto Tech
Key Questions Addressed in this Report
What is the 10-year outlook for the global LED Components market?
What factors are driving LED Components market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LED Components market opportunities vary by end market size?
How does LED Components break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global LED Components Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for LED Components by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for LED Components by Country/Region, 2019, 2023 & 2030
2.2 LED Components Segment by Type
2.2.1 Miniature LED
2.2.2 High-Power LED
2.2.3 AC-Driven LED
2.3 LED Components Sales by Type
2.3.1 Global LED Components Sales Market Share by Type (2019-2024)
2.3.2 Global LED Components Revenue and Market Share by Type (2019-2024)
2.3.3 Global LED Components Sale Price by Type (2019-2024)
2.4 LED Components Segment by Application
2.4.1 Indicators and Signs
2.4.2 Lighting
2.4.3 Data Communication
2.5 LED Components Sales by Application
2.5.1 Global LED Components Sale Market Share by Application (2019-2024)
2.5.2 Global LED Components Revenue and Market Share by Application (2019-2024)
2.5.3 Global LED Components Sale Price by Application (2019-2024)
3 Global LED Components by Company
3.1 Global LED Components Breakdown Data by Company
3.1.1 Global LED Components Annual Sales by Company (2019-2024)
3.1.2 Global LED Components Sales Market Share by Company (2019-2024)
3.2 Global LED Components Annual Revenue by Company (2019-2024)
3.2.1 Global LED Components Revenue by Company (2019-2024)
3.2.2 Global LED Components Revenue Market Share by Company (2019-2024)
3.3 Global LED Components Sale Price by Company
3.4 Key Manufacturers LED Components Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers LED Components Product Location Distribution
3.4.2 Players LED Components Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for LED Components by Geographic Region
4.1 World Historic LED Components Market Size by Geographic Region (2019-2024)
4.1.1 Global LED Components Annual Sales by Geographic Region (2019-2024)
4.1.2 Global LED Components Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic LED Components Market Size by Country/Region (2019-2024)
4.2.1 Global LED Components Annual Sales by Country/Region (2019-2024)
4.2.2 Global LED Components Annual Revenue by Country/Region (2019-2024)
4.3 Americas LED Components Sales Growth
4.4 APAC LED Components Sales Growth
4.5 Europe LED Components Sales Growth
4.6 Middle East & Africa LED Components Sales Growth
5 Americas
5.1 Americas LED Components Sales by Country
5.1.1 Americas LED Components Sales by Country (2019-2024)
5.1.2 Americas LED Components Revenue by Country (2019-2024)
5.2 Americas LED Components Sales by Type
5.3 Americas LED Components Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC LED Components Sales by Region
6.1.1 APAC LED Components Sales by Region (2019-2024)
6.1.2 APAC LED Components Revenue by Region (2019-2024)
6.2 APAC LED Components Sales by Type
6.3 APAC LED Components Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe LED Components by Country
7.1.1 Europe LED Components Sales by Country (2019-2024)
7.1.2 Europe LED Components Revenue by Country (2019-2024)
7.2 Europe LED Components Sales by Type
7.3 Europe LED Components Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa LED Components by Country
8.1.1 Middle East & Africa LED Components Sales by Country (2019-2024)
8.1.2 Middle East & Africa LED Components Revenue by Country (2019-2024)
8.2 Middle East & Africa LED Components Sales by Type
8.3 Middle East & Africa LED Components Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of LED Components
10.3 Manufacturing Process Analysis of LED Components
10.4 Industry Chain Structure of LED Components
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 LED Components Distributors
11.3 LED Components Customer
12 World Forecast Review for LED Components by Geographic Region
12.1 Global LED Components Market Size Forecast by Region
12.1.1 Global LED Components Forecast by Region (2025-2030)
12.1.2 Global LED Components Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global LED Components Forecast by Type
12.7 Global LED Components Forecast by Application
13 Key Players Analysis
13.1 Everlight Electronics
13.1.1 Everlight Electronics Company Information
13.1.2 Everlight Electronics LED Components Product Portfolios and Specifications
13.1.3 Everlight Electronics LED Components Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Everlight Electronics Main Business Overview
13.1.5 Everlight Electronics Latest Developments
13.2 Epistar
13.2.1 Epistar Company Information
13.2.2 Epistar LED Components Product Portfolios and Specifications
13.2.3 Epistar LED Components Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Epistar Main Business Overview
13.2.5 Epistar Latest Developments
13.3 Huga Opotech
13.3.1 Huga Opotech Company Information
13.3.2 Huga Opotech LED Components Product Portfolios and Specifications
13.3.3 Huga Opotech LED Components Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Huga Opotech Main Business Overview
13.3.5 Huga Opotech Latest Developments
13.4 Lite-On Optoelectronics
13.4.1 Lite-On Optoelectronics Company Information
13.4.2 Lite-On Optoelectronics LED Components Product Portfolios and Specifications
13.4.3 Lite-On Optoelectronics LED Components Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Lite-On Optoelectronics Main Business Overview
13.4.5 Lite-On Optoelectronics Latest Developments
13.5 Techcore
13.5.1 Techcore Company Information
13.5.2 Techcore LED Components Product Portfolios and Specifications
13.5.3 Techcore LED Components Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Techcore Main Business Overview
13.5.5 Techcore Latest Developments
13.6 Kingbright
13.6.1 Kingbright Company Information
13.6.2 Kingbright LED Components Product Portfolios and Specifications
13.6.3 Kingbright LED Components Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Kingbright Main Business Overview
13.6.5 Kingbright Latest Developments
13.7 Lextar Electronics
13.7.1 Lextar Electronics Company Information
13.7.2 Lextar Electronics LED Components Product Portfolios and Specifications
13.7.3 Lextar Electronics LED Components Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Lextar Electronics Main Business Overview
13.7.5 Lextar Electronics Latest Developments
13.8 Taiwan Semiconductor Manufacturing
13.8.1 Taiwan Semiconductor Manufacturing Company Information
13.8.2 Taiwan Semiconductor Manufacturing LED Components Product Portfolios and Specifications
13.8.3 Taiwan Semiconductor Manufacturing LED Components Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Taiwan Semiconductor Manufacturing Main Business Overview
13.8.5 Taiwan Semiconductor Manufacturing Latest Developments
13.9 Opto Tech
13.9.1 Opto Tech Company Information
13.9.2 Opto Tech LED Components Product Portfolios and Specifications
13.9.3 Opto Tech LED Components Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Opto Tech Main Business Overview
13.9.5 Opto Tech Latest Developments
14 Research Findings and Conclusion
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