High-Brightness (HB) LED Market Overview and Future Outlook, 2014 to 2024

1
Your Catalyst to a Lucrative Business
High-Brightness LED Market Size, Share, Trend,
Analysis, Industry Outlook and Forecast to 2024
Hexa Research
Global high-brightness (HB) LED market was
valued at USD 15.6 billion in 2016 and is
expected to grow on account of its increasing
demand in various applications including lighting
for automobiles and electronics
The global High-Brightness LED Market size to
reach USD 27.28 billion by 2024 and is driven by
the rise in the consumer need for resource
efficient and low energy lighting solutions. The
market was dominated by North America and Asia
Pacific together accounting for 62 of the
revenue share in 2016.
High-brightness LEDs are semiconductor-based
devices which exhibit superior luminosity as
compared to traditional LEDs due to the higher
current levels and power dissipation. Increasing
trend of providing more brightness to improve
clarity is expected to augment the growth of the
market over the projected period. Increasing
demand for HB LEDs in numerous application
segments including automotive, television, smartph
ones, general lighting, and signs owing to their
lower energy consumption and superior brightness
is expected to drive the demand. Rising consumer
awareness regarding the benefits of using HB LED
such as lower power consumption and superior
brightness for residential as well as commercial
applications are expected to bolster growth.
Demand for these lighting solutions was highest
in consumer electronics including laptops, TV
backlight and smartphones to provide superior
luminescence even in dark lighting conditions.
The segment accounted for 56.3 of the market
share in 2016 and is expected to continue its
dominant trend over the projected
period. Increasing consumption of HB LEDs in 4K
TVs coupled with the growing sales of these
products is anticipated to drive the market over
the next few years.
Browse Details of Report _at_ https//www.hexaresearc
h.com/research-report/high-brightness-hb-led-marke
t
Follow Us
2
Your Catalyst to a Lucrative Business
Automotive is expected to exhibit the fastest
growth over the forecast period at a 10.2 CAGR
from 2017 to 2024. Although LEDs have penetrated
the automotive market, HB LEDs are increasingly
used as a safety measure for visibility along
with reducing the power consumption. Increasing
production of automobiles is expected to propel
the sales of these lighting solutions over the
next few years.
Keeping these driving factors in mind, companies
are ramping up their production capacity as well
as seeking out new joint ventures to improve
their distribution system. For instance, in March
2017, Samsung signed a MoU with Elec-Tech
International (H.K) Co, Ltd. to leverage the
latters technology and market share in China. On
the other hand, ETi is likely to benefit from
Samsungs patent protection and brand strength.
As the demand for high-brightness LEDs has been
growing, it has led companies to increase their
fabs. The LED manufacturing industry has roughly
added 100 new fabs in the last five years
increasing the tally to 169 fabs worldwide.
Hexa Research has segmented the global
high-brightness LED market based on application
and region
Segmentation by application, 2014 - 2024 (USD
Million) Consumer Electronic
General Lighting
Automotive
Signals and Signage
Segmentation by region, 2014 - 2024 (USD Million)
North America U.S.
Europe
Germany UK
Asia Pacific China
India
Rest of the World (RoW)
Key players analyzed Lumileds Holding B.V.
Epistar Corporation
Follow Us
3
Your Catalyst to a Lucrative Business
Cree, Inc.
MORITEX Corporation Samsung Electronics
Seoul Semiconductor Company, Ltd. Osram Licht
AG
American Bright
Nichias Corporation Toyoda Gosei Co., Ltd.
Browse Related Category Market Reports _at_
https//www.hexaresearch.com/research-category/sem
iconductors-and-electronics-industry
Follow Us
4
Your Catalyst to a Lucrative Business
Table of Content of High-Brightness LED Market
Chapter 1. Market Summary 1.1. Market trends
movement
Chapter 2. HB LED Market Trends Drivers
Opportunities 2.1. Introduction
2.2. Key industry trends 2.3. Market drivers
2.4. Market restraints
2.5. Value chain analysis 2.6. Porter's Five
Forces analysis 2.7. SWOT
Chapter 3. HB LED Market Trends, By
Application 3.1. Global HB LED Market movement,
by raw material, 2016 2024 3.1.1. Automotive
3.1.1.1. Market estimates and forecast, 2014 -
2024 (USD Million) 3.1.2. General Lighting
3.1.2.1. Market estimates and forecast, 2014 -
2024 (USD Million) 3.1.3. Consumer Electronics
3.1.3.1. Market estimates and forecast, 2014 -
2024 (USD Million) 3.1.4. Signals and Signage
3.1.4.1. Market estimates and forecast, 2014 -
2024 (USD Million)
Chapter 4. HB LED Market Trends, By Region
4.1. Global HB LED Market movement, by region,
2014 2024 4.1.1. North America
4.1.1.1. Market estimates and forecast, 2014 -
2024 (USD Billion) 4.1.1.2. Market estimates and
forecast, by application 2014 - 2024 (USD
Million) 4.1.2. Europe
4.1.2.1. Market estimates and forecast, 2014 -
2024 (USD Million) 4.1.2.2. Market estimates and
forecast, by application, 2014 - 2024 (USD
Million) 4.1.3. Asia Pacific
4.1.3.1. Market estimates and forecast, 2014 -
2024 (USD Million)
Follow Us
5
Your Catalyst to a Lucrative Business
4.1.3.2. Market estimates and forecast, by
application, 2014 - 2024 (USD Million) 4.1.4.
Rest of the World (RoW)
4.1.4.1. Market estimates and forecast, 2014 -
2024 (USD Million) 4.1.4.2. Market estimates and
forecast, by application, 2014 - 2024 (USD
Million)
Chapter 5. Key Country Markets 5.1. U.S. 5.1.1.
Market estimates and forecast, 2014 - 2024 (USD
Million)
5.1.2. Market estimates and forecast, by
application, 2014 - 2024 (USD Million) 5.2.
Germany
5.2.1. Market estimates and forecast, 2014 - 2024
(USD Million) 5.2.2. Market estimates and
forecast, by application, 2014 - 2024 (USD
Million) 5.3. UK
5.3.1. Market estimates and forecast, 2014 - 2024
(USD Million) 5.3.2. Market estimates and
forecast, by application, 2014 - 2024 (USD
Million) 5.4. China
5.4.1. Market estimates and forecast, 2014 - 2024
(USD Million) 5.4.2. Market estimates and
forecast, by application, 2014 - 2024 (USD
Million) 5.5. India
5.5.1. Market estimates and forecast, 2014 - 2024
(USD Million) 5.5.2. Market estimates and
forecast, by application, 2014 - 2024 (USD
Million)
Chapter 6. Competitive Landscape
6.1. Competitive landscape analysis, 2016 6.2.
Strategic framework
6.3. Potential customer base concentration 6.4.
Company market positioning 6.5. Company profiles
6.5.1. Lumileds Holding B.V. 6.5.1.1. Company
Overview 6.5.1.2. Product Benchmarking 6.5.1.3.
Financial Performance 6.5.1.4. Recent Initiatives
6.5.2. Epistar Corporation
6.5.2.1. Company Overview 6.5.2.2. Product
Benchmarking
Follow Us
6
Your Catalyst to a Lucrative Business
6.5.2.3. Financial Performance
6.5.2.4. Recent Initiatives 6.5.3. Cree, Inc.
6.5.3.1. Company Overview 6.5.3.2. Product
Benchmarking 6.5.3.3. Financial
Performance 6.5.3.4. Recent Initiatives
6.5.4. MORITEX Corporation 6.5.4.1. Company
Overview 6.5.4.2. Product Benchmarking 6.5.4.3.
Financial Performance 6.5.4.4. Recent Initiatives
6.5.5. Samsung Electronics 6.5.5.1. Company
Overview 6.5.5.2. Product Benchmarking 6.5.5.3.
Financial Performance 6.5.5.4. Recent Initiatives
6.5.6. Seoul Semiconductor Company, Ltd. 6.5.6.1.
Company Overview 6.5.6.2. Product
Benchmarking 6.5.6.3. Financial
Performance 6.5.6.4. Recent Initiatives
6.5.7. OSRAM Licht AG
6.5.7.1. Company Overview 6.5.7.2. Product
Benchmarking 6.5.7.3. Financial
Performance 6.5.7.4. Recent Initiatives
6.5.8. American Bright
6.5.8.1. Company Overview 6.5.8.2. Product
Benchmarking 6.5.8.3. Financial
Performance 6.5.8.4. Recent Initiatives
6.5.9. Nichias Corporation 6.5.9.1. Company
Overview 6.5.9.2. Product Benchmarking 6.5.9.3.
Financial Performance
Follow Us
7
Your Catalyst to a Lucrative Business
6.5.9.4. Recent Initiatives
6.5.10. Philips
6.5.10.1. Company Overview 6.5.10.2. Product
Benchmarking 6.5.10.3. Financial
Performance 6.5.10.4. Recent Initiatives 6.5.11.
List of other vendors
Chapter 7. Methodology and Scope
7.1. Research methodology 7.2. Research Scope
Assumptions 7.3. List of data sources
Follow Us
8
Your Catalyst to a Lucrative Business
About Us
Hexa Research is a market research and consulting
organization, offering industry reports, custom
research and consulting services to a host of key
industries across the globe. We offer
comprehensive business intelligence in the form
of industry reports which help our clients obtain
clarity about their business environment and
enable them to undertake strategic growth
initiatives.
Contact Us
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018 United States
Phone [phone] Email sales_at_hexaresearch.c
om Website - https//www.hexaresearch.com/
Follow Us