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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 35.18 billion by 2029 | 10.75% | Asia Pacific |
| By Type | By Application | By Region |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
LED Materials Market Overview
The LED Materials Market is expected to grow at 10.75% CAGR from 2022 to 2029. It is expected to reach above USD 35.18 billion by 2029 from USD 11.25 billion in 2020.
A light-emitting diode, sometimes known as an LED, is a semiconductor device that emits light when an electric current passes through it. As the current-carrying electrons and holes collide within the semiconductor material, light is emitted. LEDs are solid-state devices since the light is generated inside the solid semiconductor material.
When electricity passes through a light-emitting diode (LED), light is emitted. When electrons and electron holes recombine in the semiconductor, photons are produced. The color of the light is determined by the amount of energy required for the electrons to pass through the semiconductor’s band gap (equivalent to photon energy). Several semiconductors can be combined to produce white light, or a semiconductor can be covered in a light-emitting phosphor to produce white light. LEDs have several benefits over incandescent light sources, such as reduced power consumption, a longer lifespan, enhanced physical resilience, a smaller size, and quicker switching.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2022 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion), (Thousand Units) |
| Segmentation | By Type, Application, and Region |
| By Type |
|
| By Application |
|
| By Region |
|
In several countries, using incandescent bulbs is prohibited, which is anticipated to boost market growth throughout the projection period. The market for light-emitting diode (LED) materials is anticipated to grow as a result of the increasing usage in a wide range of applications, including automobiles, residential, and industrial lighting, as well as increased government subsidies for sustainable lighting in emerging economies and tighter regulations on the use of inefficient lighting technologies. The growth in the use and demand of LED in cost-effective and high-resolution displays for smartphones and high-definition television is the major factor responsible for the market’s expansion.
Favorable government regulations, such as various labeling and certification programs, also provide the LED industry growth opportunities. One of the major contributing factors to LED lamps’ rapid adoption is their lower power consumption when compared to traditional lamps. In some situations, power consumption is just a third. The global market for light-emitting diode (LED) materials is being driven by the rising demand for LEDs in high-resolution, energy-efficient displays of high-definition smartphones and televisions. The expanding use of LEDs in automotive lighting and displays, as well as in household and industrial lighting, is another factor driving the demand for LED materials. Moreover, supportive government initiatives including various certification and labeling programs offer fresh growth chances in the LED materials industry. Due to its advantages over traditional lights, such as their minimized power consumption, LED lights are becoming increasingly prevalent.
Additionally, during the above-mentioned forecast period, lucrative opportunities are anticipated to be generated by the high demand from the horticulture markets, the quick development of Li-Fi, the growing emphasis on information technology, and the strengthening power generation and distribution infrastructure of developing economies.
The light-emitting diode (LED) materials market is expected to grow, but factors such as the lifespan of LED devices and a lack of knowledge about their advantages are expected to significantly restrain this growth. Additionally, the shaky state of the economy and a decline in auto sales may pose challenges to market expansion over the forecast period.
LED Materials Market Segment Analysis
The market is divided into substrate, wafer, epitaxy, and others segments based on type. By 2029, the wafer LED materials segment is anticipated to command the most market share. This is because more people are using wafers that are six and eight inches in size and are more cost-effective. Many LED manufacturing businesses favor large-diameter wafers. This is due to the large yield of materials used in big-diameter wafers compared to other types of materials. These are the main forces behind wafer LEDs that are anticipated to propel this market segment’s expansion during the course of the forecast.
The market is divided into general lighting, automotive lighting, consumer electronics, backlighting, and others based on the application. The segment for general lighting is anticipated to expand rapidly during the forecasted period. This is a result of light-emitting diodes (LEDs) expanding applications and high demand for energy-efficient lighting. Because they produce more light per output power, LED luminaires are used in streetlights, high bays, downlights, track lights, troffers, and other applications in the residential and commercial sectors. The demand for LED material has increased as a result of initiatives taken by nations such as the United States, New Zealand, the United Kingdom, India, Canada, Taiwan, and Australia, among others, to replace conventional, less durable, high-power consuming bulbs with energy-efficient LED bulbs.
LED Materials Market Key Players
The LED materials market key players include Nichia Corporation, Epistar Corporation, Koninklijke Philips N.V., OSRAM Licht AG, II-VI incorporated, AkzoNobel, Fagerhult Group, Cree, Inc., Hitachi Metals, Ltd, Sumitomo Electric Industries, UBE Industries, Ltd, Addison Engineering, Inc., China Crystal Technologies Co., Ltd, Dowa Electronic Materials Co Ltd, Epigan NV, Everlight Electronics Co., Ltd, and others.
Recent Development:
For post-pandemic lifestyles, EVERLIGHT created a series of UVC LEDs (275 nm) with patented package technology (UV-C LED), certified by SGS, not only to achieve a disinfecting rate up to 99.9% but also prove to eradicate COVID-19, providing customers with a better option when using hand sanitizer while they are out and about and effectively protecting every corner in their homes.
EPISTAR, a subsidiary of Ennostar Inc. (TAIEX: 3714), is a leader in infrared technology and products as well as the world’s top supplier of LED chips. Based on decades of technology and R&D experience, EPISTAR has recently been aggressively spending resources in the development of short-wavelength-infrared LED chips (SWIR, wavelength > 1100nm). These products have been added to various customers’ wearable health detection devices after receiving relevant regulations-related certification. The optical power of the 1300nm product has now increased to 25mW, which is 28% more than that of the competition and makes it the SWIR LED with the largest output in the world.
Who Should Buy? Or Key stakeholders
- Manufacturers of LED Materials
- Suppliers of LED Materials
- Automotive Industry
- Research Organizations
- Investors
- Regulatory Authorities
- Others
LED Materials Market Regional Analysis
The LED materials market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and the Rest of APAC
- Europe: includes the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe
- South America: includes Brazil, Argentina, and the Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and the Rest of MEA
Over the anticipated period, Asia Pacific will dominate the worldwide LED materials market. Market share leadership is anticipated to come from Asia Pacific. The demand for LED materials in the Asia-Pacific region has been driven by factors like rising general lighting use and expanding infrastructure. Automotive, general illumination, mobile devices, healthcare, forensics, academics, and street lighting are just a few of the areas that employ LED extensively. Due to this, a wide range of LED applications is anticipated to fuel market expansion. The need for LED material is anticipated to increase as LEDs become more widely used as alternatives to fluorescent, high-intensity discharge (HID), and incandescent lighting. The Asia-Pacific region is known worldwide for its strong industrial foundation. In China, Taiwan, Japan, and India, you can find some of the top LED producers. In Asia-Pacific nations like China, South Korea, and Taiwan, large-scale LED manufacturing firms are anticipated to dominate the market for LED material. These are the main elements that, over the forecast period, will propel this region’s expansion in the global market for LED materials.
Key Market Segments: LED Materials Market
Led Materials Market By Type, 2020-2029, (USD Billion), (Thousand Units)
- Wafer
- Substrate
- Epitaxy
- Others
Led Materials Market By Application, 2020-2029, (USD Billion), (Thousand Units)
- General Lighting
- Automotive Lighting
- Consumer Electronics
- Backlighting
- Others
Led Materials Market By Region, 2020-2029, (USD Billion), (Thousand Units)
- North America
- Europe
- Asia Pacific
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Questions Answered
- What is the expected growth rate of the LED materials market over the next 7 years?
- Who are the major players in the LED materials market and what is their market share?
- What are the end-user industries driving demand for the market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, the Middle East, and Africa?
- How is the economic environment affecting the LED materials market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the LED materials market?
- What is the current and forecasted size and growth rate of the global LED materials market?
- What are the key drivers of growth in the LED materials market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the LED materials market?
- What are the technological advancements and innovations in the LED materials market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the LED materials market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the LED materials market?
- What are the product offerings and specifications of leading players in the market?
- What is the pricing trend of roofing adhesives in the market and what is the impact of raw material prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL LED MATERIALS MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON THE LED MATERIALS MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL LED MATERIALS MARKET OUTLOOK
- GLOBAL LED MATERIALS MARKET BY TYPE, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- WAFER
- SUBSTRATE
- EPITAXY
- OTHERS
- GLOBAL LED MATERIALS MARKET BY APPLICATION, 2020-2029, (USD BILLION), (THOUNUNITS)
- GENERAL LIGHTING
- AUTOMOTIVE LIGHTING
- CONSUMER ELECTRONICS
- BACKLIGHTING
- OTHERS
- GLOBAL LED MATERIALS MARKET BY REGION, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- PALL
- CYTIVA
- MERCK MILLIPORE
- CORNING
- DONALDSON
- SAINT GOBAIN
- MARKEL
- SARTORIUS
- HYUNDAI MICRO
- SIGMA-ALDRICH CO. LLC.
- DONALDSON COMPANY, INC.
- L. GORE & ASSOCIATES, INC.
- MERCK KGAA.
- VWR
- KOMEMTEC
- AXIVA SICHEM PVT. LTD.
- TRINITY FILTRATION TECHNOLOGIES PVT. LTD
- MICRO SEPARATIONS *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED MATERIALS MARKET BY REGION (USD BILLION) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED MATERIALS MARKET BY REGION (THOUSAND UNITS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED MATERIALS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED MATERIALS MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â US-LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â US-LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â US-LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â US-LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA-LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA-LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA-LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED MATERIALS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED MATERIALS MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL-LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED MATERIALS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED MATERIALS MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA-LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA-LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN-LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA-LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE LED MATERIALS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE LED MATERIALS MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â UK-LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â UK LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â UK-LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â UK LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â ITALY LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â ITALY LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â ITALY LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â SPAIN LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â SPAIN LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â SPAIN LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â SPAIN LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â Â RUSSIA-LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â Â RUSSIA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â Â RUSSIA LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â Â RUSSIA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED MATERIALS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED MATERIALS MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 117Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 118Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 119Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 120Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 121Â Â Â Â Â Â Â Â Â Â Â UAE LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 122Â Â Â Â Â Â Â Â Â Â Â UAE LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 123Â Â Â Â Â Â Â Â Â Â Â UAE LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 124Â Â Â Â Â Â Â Â Â Â Â UAE LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 125Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA-LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 126Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 127Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA-LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 128Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 129Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA-LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 130Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 131Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA-LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 132Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 133Â Â Â Â Â Â Â Â Â Â Â REST OF THE MIDDLE EAST AND AFRICA LED MATERIALS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 134Â Â Â Â Â Â Â Â Â Â Â REST OF THE MIDDLE EAST AND AFRICA LED MATERIALS MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 135Â Â Â Â Â Â Â Â Â Â Â REST OF THE MIDDLE EAST AND AFRICA LED MATERIALS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 136Â Â Â Â Â Â Â Â Â Â Â REST OF THE MIDDLE EAST AND AFRICA LED MATERIALS MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 15Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 16Â Â Â Â Â Â Â Â Â Â NICHIA CORPORATION: COMPANY SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â EPISTAR CORPORATION: COMPANY SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â KONINKLIJKE PHILIPS N.V.: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â OSRAM LICHT AG: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â II-VI INCORPORATED: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â AKZONOBEL: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â FAGERHULT GROUP: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â CREE, INC.: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â HITACHI METALS, LTD: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â SUMITOMO ELECTRIC INDUSTRIES: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â Â Â Â Â Â Â UBE INDUSTRIES, LTD: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â Â Â Â Â Â ADDISON ENGINEERING, INC.: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â Â Â Â Â Â Â CHINA CRYSTAL TECHNOLOGIES CO., LTD: COMPANY SNAPSHOT
FIGURE 29Â Â Â Â Â Â Â Â Â Â DOWA ELECTRONIC MATERIALS CO LTD: COMPANY SNAPSHOT
FIGURE 30Â Â Â Â Â Â Â Â Â Â EPIGAN NV: COMPANY SNAPSHOT
FIGURE 31Â Â Â Â Â Â Â Â Â Â EVERLIGHT ELECTRONICS CO., LTD: COMPANY SNAPSHOT
FAQ
The LED materials market is expected to grow at 10.75% CAGR from 2022 to 2029. It is expected to reach above USD 35.18 billion by 2029 from USD 11.25 billion in 2020.
Asia-Pacific held more than 40% of the LED materials market revenue share in 2020 and will witness expansion in the forecast period.
One of the major contributing factors to LED lamps’ rapid adoption is their lower power consumption when compared to traditional lamps. The global market for light-emitting diode (LED) materials is being driven by the rising demand for LEDs in high-resolution, energy-efficient displays of high-definition smartphones and televisions. The expanding use of LEDs in automotive lighting and displays, as well as in household and industrial lighting, is another factor driving the demand for LED materials.
Asia-Pacific is the largest regional market for LED materials market.
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