Global LED Materials Market, By Type (Wafer, Epitaxy, Substrate, Phosphor), By Application (Automoti

Published Date: | Report Code : MT1932945


LED Material Market Dynamic :

A light emitting diode or better known as LED is a semiconductor device. It produces an incoherent narrow spectrum of light when it is in forwarding biased condition. The color of the light depends on the material used in the semiconductor while manufacturing.

LED is used in various applications such as high definition television, digital clock, camera, lighting bulbs and many more since LEDs are energy efficient, better in quality and reasonably priced. The rising importance and application of LED in different sectors such as automotive, residential and industrial lighting is increasing demand for LED and boosting the growth of the global LED materials market.

The emergence of light fidelity (Li-Fi) and increasing use of LEDs across industries can open up new doors for the market for expansion purposes. Demand in optoelectronics applications and demand for lights in indoor farming can boost market demand.

Key Factors Impacting Market Growth:

  • Energy-efficiency and cost savings on using LED’s
  • High quality at the same time economical
  • Automotive industries have adopted LED light due to its lower carbon footprint.

Regional Analysis:

The led materials market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe are major regions for led materials market owing to diversified demand from end-use industries and competitive scenarios. Some of the major end-use industries in these regions include automotive, general, consumer electronics and others. These markets have been dynamic in terms of new product developments and related activities. Hence, some of the emerging sub-segments in this market promise high potential in this region. Major countries for led materials market in these regions include the US, Germany, France, UK, Canada, Italy, and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors influencing the market dynamics in these regions.

Developing regions including Asia Pacific, South America, and Africa have witnessed key developments in terms of organic and inorganic growth strategies. Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. China, India, Brazil, South Africa, South Korea, Japan, and others have been some of the key economies in the region. The television, digital clock, camera, lighting bulbs, and others are some of the major industries in the region with strong potential for led materials market. Middle East promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of the key markets with demand from automotive, general, consumer electronics and other industries.

Companies Covered: Nichia, Samsung, LG Innotek, Lumileds, Stanley Electric, Osram, Everlight Electronics, Epistar, Seoul Semiconductor, Cree, Toyoda Gosei, TT Electronics, Dow Corning, and Citizen Electronics… 

Market Segmentation:

 By Type:

  • Wafer
    • Silicon
    • Sapphire
    • Silicon Carbide
    • Others
  • Epitaxy
  • Substrate
    • Gallium Nitride
    • Indium Gallium Nitride
    • Gallium Arsenide
    • Gallium Phosphide
    • Aluminum Gallium Arsenide
  • Phosphor

By Application:

  • Consumer Electronics
    • Mobiles
    • Televisions
    • Electronic Devices
  • General
    • Residential Lighting
    • Outdoor Lighting
  • Automotive
    • Interior Lighting
    • Exterior Lighting       

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Application
  • Eastern Europe
    • By Country(Russia, Turkey, Rest of Eastern Europe)
    • Asia Pacific
    • By Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Application
  • Middle East
    • By Region (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Application

Reasons To Buy This Report:

  • Market size estimation of the global LED materials market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market


We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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