Global LED Chip Market Assessment (2019-2024) - Key Opportunities Spurring the Growth of this Industry, with Profiles on Key Players - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 27, 2019--The “LED Chip Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
The global LED chip market was worth US$ 16.4 Billion in 2018. Looking forward, the market value is projected to exceed US$ 37 Billion by 2024, exhibiting a CAGR of around 14% during 2019-2024.
LED lights are more energy-efficient in terms of power consumption and provide high luminous intensity. They use electroluminescence to produce light without generating heat and convert electricity into energy with minimum wastage. Moreover, LED products have larger lifespan in comparison to incandescent bulbs which further drives their demand.
With technological innovations and advanced research and development, the cost of manufacturing LED per kilolumen has also decreased. This has significantly reduced the average selling price (ASP) of LEDs making them a preferable choice among consumers.
Furthermore, incentives provided by governments across the globe to promote the usage of energy efficient lighting is also elevating the demand of LED products.
Asia Pacific is the biggest market, accounting for the majority of the global market.
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4.3 Key Industry Trends
5 Global LED Chip Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Forecast
6 Market Breakup by Product
6.1 Blue LED Chips
6.2 Red LED Chips
6.3 Green LED Chips
6.4 Infrared LED Chips
6.5 Yellow LED Chips
6.6 White LED Chips
7 Market Breakup by Application
7.4 Signs and Signal
8 Market Breakup by Region
8.1 Asia Pacific
8.3 North America
8.4 Middle East and Africa
8.5 Latin America
9 Global LED Chip Industry: SWOT Analysis
10 Global LED Chip Industry: Value Chain Analysis
10.2 Research and Development
10.3 Raw Material Procurement
11 Global LED Chip Industry: Porters Five Forces Analysis
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Global LED Chip Industry: Price Analysis
12.1 Price Indicators
12.2 Price Structure
12.3 Margin Analysis
13 LED Chip Manufacturing Process
13.1 Product Overview
13.2 Raw Material Requirements
13.3 Manufacturing Process
13.4 Key Success and Risk Factors
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 AVA Technologies Inc.
14.3.2 Bright LED Electronics Corporation
14.3.5 Hitachi Cable
14.3.6 Huga Optech
14.3.7 Dowa Electronics Materials Co. Ltd.
14.3.8 Epistar Corporation
14.3.9 Nichia Corporation
14.3.10 Formosa Epitax
14.3.11 Goldeneye Inc.
14.3.13 Optek Technology Ltd.
14.3.14 Osa Opto Light GmbH
14.3.15 Osram Opto Semiconductors
For more information about this report visit https://www.researchandmarkets.com/research/ffcgk7/global_led_chip?w=4
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Related Topics:LED (Light Emitting Diodes),Processing Units
INDUSTRY KEYWORD: TECHNOLOGY SEMICONDUCTOR
SOURCE: Research and Markets
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PUB: 02/27/2019 03:40 PM/DISC: 02/27/2019 03:40 PM