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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Global LED Chip Market Assessment (2019-2024) - Key Opportunities Spurring the Growth of this Industry, with Profiles on Key Players - ResearchAndMarkets.com

February 27, 2019

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.

Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

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 Introduction

4.1 Overview

4.2 Properties

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

6.7 Others

7 Market Breakup by Application

7.1 Backlighting

7.2 Illumination

7.3 Automotive

7.4 Signs and Signal

7.5 Others

8 Market Breakup by Region

8.1 Asia Pacific

8.2 Europe

8.3 North America

8.4 Middle East and Africa

8.5 Latin America

9 Global LED Chip Industry: SWOT Analysis

9.1 Overview

9.2 Strengths

9.3 Weaknesses

9.4 Opportunities

9.5 Threats

10 Global LED Chip Industry: Value Chain Analysis

10.1 Overview

10.2 Research and Development

10.3 Raw Material Procurement

10.4 Manufacturing

10.5 Marketing

10.6 Distribution

10.7 End-Use

11 Global LED Chip Industry: Porters Five Forces Analysis

11.1 Overview

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

14.3.3 Cree

14.3.4 Bridgelux

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.

14.3.12 Kingbright

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

View source version on businesswire.com:https://www.businesswire.com/news/home/20190227005913/en/

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Related Topics:LED (Light Emitting Diodes),Processing Units



SOURCE: Research and Markets

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PUB: 02/27/2019 03:40 PM/DISC: 02/27/2019 03:40 PM