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Global LED Chip Market (2021 to 2026) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com
Global LED Chip Market (2021 to 2026) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com
Global LED Chip Market (2021 to 2026) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com
The global LED Chip market reached a value of US$ 19.8 Billion in 2020. Looking forward, the publisher expects the global LED Chip market to exhibit strong growth during the next five years.
LED stands for light emitting diode, which is a two-lead semiconductor light source. These are used in a wide range of applications that vary from backlighting in electronic products such as LCD TVs, laptops, and phones, as well as in street lighting and automotive lighting, and general illumination. This can be attributed to the better picture quality offered by LEDs due to their higher degree of power efficiency and brightness. The LED chip, also known as the die, represents the most essential and cost-intensive component of the LED. It is a critical factor in determining the light quality. The chips have different ratings for brightness, wavelength and voltage. After installing the LED chip and passing current through an electrical source, a particular color of light is emitted, which is determined by the dominant wavelength.
The LED chip market is currently exhibiting double-digit growth. These 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. Furthermore, these products have a longer lifespan as compared to incandescent bulbs, which further drives their demand.
However, with technological innovations and research and development, the cost of manufacturing LEDs per kilolumen has decreased. This has significantly reduced the average selling price (ASP) of LEDs, making them a preferred choice among consumers. Moreover, incentives provided by governments across the globe to promote the usage of energy-efficient lighting is also elevating the demand for LED products.
Companies Mentioned
Key Questions Answered in This Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global LED Chip Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Product
6.1 Blue LED Chips
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Red LED Chips
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Green LED Chips
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Infrared LED Chips
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Yellow LED Chips
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 White LED Chips
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Application
7.1 Backlighting
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Illumination
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Automotive
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Signs and Signal
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 Asia Pacific
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 North America
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 Global LED Chip Industry: SWOT Analysis
10 Global LED Chip Industry: Value Chain Analysis
11 Global LED Chip Industry: Porters Five Forces Analysis
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
For more information about this report visit https://www.researchandmarkets.com/r/608b83
Eastern Daylight Time. (2021, May 11). Global LED Chip Market (2021 to 2026) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com. (BUSINESS WIRE. https://www.businesswire.com/news/home/20210511005520/en/Global-LED-Chip-Market-2021-to-2026---Industry-Trends-Share-Size-Growth-Opportunity-and-Forecasts---ResearchAndMarkets.com