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Pulished Date February, 2020
ID: 8076
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LED Materials Market By Type (Substrate, Wafer, Epitaxy, Phosphor, And Others), Application (General Lighting, Automotive Lighting, Backlighting And Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Global Industry Analysis, Size, Share, Growth, Investment, Forecast Report (2020-2025)

Pulished: February, 2020
ID: 8076
Pages: 170

LED Materials Market Overview

The global LED materials market is predicted to reach $ 12.72 billion by 2025, at an annual rate of 9.4% in the forecast period. The base year considered for the study is 2019, while the foreseen period is 2020 to 2025.

LEDs produce a narrow and inconsistent spectrum of light when forward biased. The color of the emitted light depends on the composition of the semiconductor material employed in the manufacture of LEDs. The light emitting diode (LED) is a semiconductor device that releases light when an electric current passes through it. Light is produced when particles carrying current combine with each other in the semiconductor material. Diodes, generally made up of very thin layers of semiconductor material, contain a single layer of excess electrons, while the next diode has an electron deficit. LEDs are made of composite semiconductor materials, which are made up of Group III and Group V elements from the periodic table, in particular called III-V materials.

Recent Developments and Trends

  • Zumbotel introduces latest LED fixtures that are based on Cree TrueWhite Technology. Cree, Inc., the market leader in LED lighting, announces that Zumtobel, a leading lighting manufacturer, has launched three revolutionary LED lights based on Cree TrueWhite technology.
  • Seoul Semiconductor, an LED packaging company, has launched its type of Chip-On-Board (COB) direct current (COB) chip, called the Z-Power COB (ZC). Developed with Seoul Semiconductor's Z-Power LEDs, the ZC series will be employed as a high-power, high-brightness light source to reduce thermal resistance and extend the life of the LED lighting product. In addition, it enables manufacturers to conveniently install, design and price competitive products.

LED Materials Market Drivers and Restraints:

The global LED materials market is stimulated by the escalating use of LEDs in general and automotive lighting. The escalating stringency of regulations for inefficient lighting technologies and the government's rising efforts for sustainable development are the main drivers of expansion. An aggressive drop in the prices of light emitting diodes (LEDs), together with the transformation of energy policies around the world, has stimulated expansion in the market. In addition, attractive government incentives and discounts for the use of LED lighting in various nations will help take advantage of call. The worldwide market for LED materials is primarily driven by escalated application and call for LEDs in high-resolution, energy-efficient displays in smartphones and HDTVs. With the growing application of LEDs in automotive lighting and display needs, domestic and industrial lighting further stimulates the LED market which, in turn, stimulates call for LED materials. In addition, favorable government policies, which include various labeling and certification programs, offer new expansion opportunities for the LED industry.

One of the main reasons for the rapid adoption of LED lamps is their relatively lower power consumption compared to normal lamps. In some cases, power consumption is only a third. The worldwide market for light-emitting diode (LED) materials is largely driven by the growing call for LEDs in high-resolution, energy-efficient displays of high-definition smartphones and televisions. Also, the escalating use of LEDs in automotive lighting and display and in domestic and industrial lighting is stimulating the market for LED materials. Besides, encouraging government policies such as various labeling and certification programs offers new expansion opportunities in the market for light-emitting diode (LED) materials. LED properties, such as relatively lower power consumption compared to normal lights, increase the adoption of LED lights. Governments provide incentives and discounts to substitute conventional lamps with LED goods, enhancing the use of LED goods worldwide. Smart lighting should also offer lucrative opportunities for application in industrial and commercial areas. They have the ability to adjust light using control zones. Smart city projects have become predominant in the United States and in several European nations, with an escalating emphasis on strategies to reduce peak energy call and overall energy consumption.

LED Materials Market Segmentation:

By component:

  • Wafers
  • Substrates/Semiconductors
  • Epitaxy Material
  • Phosphor
  • Others

The wafers segment is segregated into silicon, silicon carbide, sapphire, and others. The sapphire segment is predicted to grow at a compound annual rate of 8.25% during the foreseen period. The silicon segment is likely to experience robust expansion due to the high use of wafers in microelectronic devices.

By application:

  • General Lighting
  • Consumer Electronics
  • Automotive Interior Lighting
  • Automotive Exterior Lighting
  • Healthcare
  • Display and Billboards
  • Others

The residential lighting segment is predicted to reach a valuation of $ 9,650.1 million by 2025 due to the construction of various infrastructure projects in residential areas.

LED Materials Regional Analysis:
The LED Materials Report includes the segmentation of Regions with their respective Nations.

  • North America LED Materials Industry includes U.S, Canada.
  • Europe LED Materials Industry includes the UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe.
  • Asia Pacific LED Materials Industry includes India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC.
  • Latin America LED Materials Industry includes Brazil, Mexico, Argentina, Chile & Rest of LATAM.
  • Middle East & Africa LED Materials Industry includes KSA, UAE, Israel, rest of GCC nations, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA.

Asia-Pacific is the largest market for LED materials, followed by North America and Europe. Call for LED materials in Asia-Pacific is mainly driven by huge-scale LED making businesses. In addition, the escalating emphasis on the information technology industry, the strengthening of electricity production and distribution infrastructures in emerging economies, and the fall in LED prices, mainly due to the progress of manufacturing technology are predicted to have a higher expansion rate during the foreseen period. The escalating application of LEDs in various display technologies should allow for moderate expansion in the LED materials market in North America and Europe. Asia Pacific represents the largest share of the worldwide market for light emitting diode (LED) materials, followed by North America and Europe. The reason for this dominance in Asia-Pacific is that companies manufacture LEDs on a large scale in China, South Korea, and Taiwan. Furthermore, with a growing interest in information technology and the strengthening of electricity production and distribution infrastructures in developing economies, the market for light-emitting diode (LED) materials is growing. The escalating application of LED technology in various display applications is predicted to offer attractive expansion opportunities in the market for light-emitting diode (LED) materials in North America and Europe.

Key Players:

EpiGaN, Epistar Corporation, AkzoNobel N.V., Plessey, DOWA Electronics Materials Co., Ltd. (DOWA Materials Co., Ltd), Sumitomo Electric Industries, Ltd., Nichia Corporation, Intematix, II-VI Incorporated, MACOM, UBE INDUSTRIES, LTD., Cree, Inc., and OSRAM Opto Semiconductors GmbH are some of the significant players operating in the LED materials industry.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Substrate

                                5.1.3 Wafer       

                                5.1.4 Epitaxy     

                                5.1.5 Phosphor

                                5.1.6 Others      

                                5.1.7 Y-o-Y Growth Analysis, By Type      

                                5.1.8 Market Attractiveness Analysis, By Type    

                                5.1.9 Market Share Analysis, By Type      

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 General Lighting   

                                5.2.3 Automotive Lighting           

                                5.2.4 Backlighting            

                                5.2.5 Others      

                                5.2.6 Y-o-Y Growth Analysis, By Application         

                                5.2.7 Market Attractiveness Analysis, By Application        

                                5.2.8 Market Share Analysis, By Application         

6. Geographical Analysis                                              

                6.1 Introduction                              

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Application

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy           

                                6.2.6 France      

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan        

                                6.3.5 Australia  

                                6.3.6 South Korea           

                6.5 Latin America                            

                                6.4.1 Introduction           

                                6.4.2 Brazil         

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America         

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa        

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                        

                8.1 Lumileds Holding B.V.            

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Nichia Corporation                  

                8.3 Epistar Corporation                 

                8.4 Koninklijke Philips N.V.                          

                8.5 OSRAM Licht AG                      

                8.6 II-VI incorporated                    

                8.7  Sumitomo Electric                   

                8.8 Cree, Inc.                     

                8.9 Hitachi Metals                           

                8.10 Seoul Semiconductors                        

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10. Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • The segment-level analysis in terms of By application, and along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global LED materials Market Market By Region, From 2020-2025 ( USD Billion )

  2. Global LED materials Market Market By Type, From 2020-2025 ( USD Billion )

  3. Global Substrate Market By Region, From 2020-2025 ( USD Billion )

  4. Global Wafer Market By Region, From 2020-2025 ( USD Billion )

  5. Global  Epitaxy Market By Region, From 2020-2025 ( USD Billion )

  6. Global Phosphor Market By Region, From 2020-2025 ( USD Billion )

  7. Global Others Market By Region, From 2020-2025 ( USD Billion )

  8. Global LED materials Market Market By Application, From 2020-2025 ( USD Billion )

  9. Global General Lighting  Market By Region, From 2020-2025 ( USD Billion )

  10. Global Automotive Lighting Market By Region, From 2020-2025 ( USD Billion )

  11. Global Backlighting Market By Region, From 2020-2025 ( USD Billion )

  12. Global Others Market By Region, From 2020-2025 ( USD Billion )

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