Light-emitting Diode (LED) is a semi-conductor device. LED emit light when current pass through it. To do this, holes from p-type semiconductors recombine with electrons from n-type semiconductors to produce light. LED is used in various types of sectors. Electrons in the semiconductor recombine with electron holes, releasing energy in the form of Energy packets. . LEDs allow the current to flow in the forward direction and blocks the current in the reverse direction. Based on the semiconductor material used and the amount of doping, An LED emitted a colored light at a particular spectral wavelength when forward biased.
Highlights from Light-emitting Diode (LED) Market Study
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The key Vendors profiled in the report are Cree LED (United States), Nichia Corporation (Japan), Lumens Co Ltd (South Korea), LG Innotek (South Korea), LSI Industry (United States), Seoul Semiconductor Co. Ltd (South Korea), OSRAM (Germany), Acuity Brands (United States), GE Lighting (United States) and Sharp (Japan). Additionally, other players that are part of this comprehensive study are Signify (Netherlands), Eaton Corporation (Ireland), Dialight (United Kingdom), LEDVANCE (Germany), LumiGrow (United States), Edison Opto (Taiwan) and Everlight Electronics (Taiwan).
Geographic Breakdown and Segment Analysis
The Global Light-emitting Diode (LED) market presents a comprehensive analysis of the Light-emitting Diode (LED) market by product type (Through-Hole LED, Surface Mount LED, Bi-Color LED, RGB LED, High-Power LEDs and Other), by end-user/application (TV Backlighting, Smartphone Backlighting, LED displays, Automotive Lighting and Dimming of lights), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Light-emitting Diode (LED) industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the holds majority of market share of the Light-emitting Diode (LED) market
Analyst at AMA have segmented the market study of Global Light-emitting Diode (LED) market by Type, Application and Region.
Light-emitting Diode (LED) Market Dynamics:
- Increasing Demand in Less Power Consuming and Cost Efficient Electric Devices
- Increasing Demand in Automotive Industry
- Increasing Demand in Home Appliances
- Innovation of IoT Based Smart LED Lighting
- Innovation of Smart TVs and Smartphones
- Innovation of New Smart Big Digital Screens
- Overheating Problems Associated with Light-emitting Diode (LED)
- Not all LED Bulbs are Dimmable
- Lack of Standardization in Power Supplies for LED Kits
- High Cost Installation
|Gaps & Opportunities|
- Growing Electronic Devices Manufacturing Industry
- Growth in Industrialization and Globalization
- Growth In Digitalization
Market Developments Activities:On 4 June 2021, Acuity Brands, Inc. A Leading Industrial Technology Company Announced It Has Signed A Definitive Agreement To Purchase Ams OSRAM’s North American Digital Systems (DS) Business. Acuity’s Ownership Of Ams OSRAM’s North American DS Business Will Bring A Strategic Fit And Perspective To Customers And Associates, And A Growth Strategy For The Business. Acuity Expects The Transaction To Close During The Summer Of 2021.The Ams OSRAM North American DS Business Develops And Manufactures Lighting Components Including LED Drivers, LED Light Engines, Electronic Ballasts, And Certain Connected Components.
On 22 June 2022, Cree LED, An SGH Company Opened Lightfair 2022 With The Debut Of The Recently Launched Xlamp® Element G (XE-G) Leds , Delivering A New Performance Class With Unmatched Light Output And Efficiency In A Small Form Factor. On Display At Cree LED’s Booth 3007 Is A Stunning, 8-Foot Periodic Table Showcasing All 17 Colors And 3 White Options Available In The Comprehensive XE-G LED Family.
Regulatory Insights:IESNA- Illumination Engineering Society of North America, IEEE- Institute of Electrical and Electronic Engineers, UL- Underwriters Laboratories, ANSI- American National Standards Institute, NEMA- National Electrical Manufacturers Association, DOE-Department of Energy, Energy Star Program, EPA -Environmental Protection Agency, U.S. Standard Organizations. and U.S. Government Regulations and LED Programs
The market for Light-emitting Diode (LED) is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share.
Key Target AudienceLight-emitting Diode (LED) Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others