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Global LED Market to 2024 by Product Type, Device Configuration, Technology, End-user and Application - ResearchAndMarkets.com

August 9, 2018

DUBLIN--(BUSINESS WIRE)--Aug 9, 2018--The “LED Market by Product Type, by Device Configuration, by Technology, by End-user and by Application - Global Opportunity Analysis and Industry Forecast, 2018-2024” report has been added to ResearchAndMarkets.com’s offering.

The global LED market was valued at $33.1 billion in 2017, and is projected to reach $96.71 Billion by 2024, registering a CAGR of 15.9% from 2018 to 2024.

Light emitting diodes (LEDs) are used in a variety of applications. A few years ago, application of LED was limited to certain specific lighting needs and had not entered the mainstream general lighting applications.

Entrance of LED in applications such as general lightings have given a strong thrust to the market. LED is expected to take over the conventional CFL and CCFL lighting market due to advanced features. Moreover, it is a cost-effective solution for all lighting as well as other application purposes such as backlighting in large screen displays, automotive lighting and many others.

Key Findings

The residential segment generated the highest revenue in the global LED market in 2017. In 2017, the general lighting segment contributed to the highest revenue in the application segment. Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.

Key Topics Covered

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: LED Market, by Product Type

Chapter 5: LED Market, by Device Configuration

Chapter 6: LED Market, by Technology

Chapter 7: LED Market, by End-User

Chapter 8: LED Market, by Application

Chapter 9: LED Market, by Region

Chapter 10: Company Profiles

Cree Inc. Lumileds Holding B.V. Samsung Electronics Co. Ltd. Seoul Semiconductor Co. Ltd. Osram Licht AG Nichia Corporation LG Innotek Co. Ltd General Electric Company (GE Lighting Solutions) Everlight Electronics Co. Ltd. Lumens Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/4x5rzm/global_led_market?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180809005469/en/

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Related Topics:LED (Light Emitting Diodes)

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/09/2018 09:59 AM/DISC: 08/09/2018 09:58 AM

http://www.businesswire.com/news/home/20180809005469/en

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