A light-emitting diode (LED) is a two-lead semiconductor light source. It is a pn junction diode that emits light when activated. When a suitable current is applied to the leads, electrons are able to recombine with electron holes within the device, releasing energy in the form of photons. This effect is called electroluminescence, and the colour of the light (corresponding to the energy of the photon) is determined by the energy band gap of the semiconductor. LEDs are typically small (less than 1 mm2) and integrated optical components may be used to shape the radiation pattern.
LED uses fall into three major categories which are Indicators and signs, Data communication and signaling, and Lighting. The low energy consumption, low maintenance and small size of LEDs has led to uses as status indicators and displays on a variety of equipment and installations. Large-area LED displays are used as stadium displays, dynamic decorative displays, and dynamic message signs on freeways. Thin, lightweight message displays are used at airports and railway stations, and as destination displays for trains, buses, trams, and ferries. With the development of high-efficiency and high-power LEDs, it has become possible to use LEDs in lighting and illumination. LEDs are used as street lights and in other architectural lighting. The mechanical robustness and long lifetime are used in automotive lighting on cars, motorcycles, and bicycle lights. Light can be used to transmit data and analog signals. For example, lighting white LEDs can be used in systems assisting people to navigate in closed spaces while searching necessary rooms or objects.
In 2019, the market size of LED Components is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
Key Benefits for LED ComponentsMarket:
- This study includes the global LED Componentsmarket analysis, trends, and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and global LED Componentsmarket opportunity.
- The global LED Componentsmarket size is quantitatively analyzed from 2014 to 2024 to highlight the financial competency of the LED Componentsindustry.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the industry.
Report Sample includes:
– Table of Contents
– List of Tables & Figures
– Research Methodology
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In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for LED Components.
This report studies the global market size of LED Components, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the LED Components production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
- Everlight Electronics
- Huga Opotech
- Lite-On Optoelectronics
- To know more companies
Market Segment by Product Type
- Miniature LED
- High-Power LED
- AC-Driven LED
Market Segment by Application
- Indicators and signs
- Data communication and signalling
Key Regions split in this report: breakdown data for each region.
- United States
- European Union
- Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
- To analyze and research the LED Components status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
- To present the key LED Components manufacturers, presenting the sales, revenue, market share, and recent development for key players.
- To split the breakdown data by regions, type, companies and applications
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of LED Components are as follows:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
- To study and analyze the global LED Componentsconsumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of LED Componentsmarket by identifying its various subsegments.
- Focuses on the key global LED Componentsmanufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the LED Componentswith respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of LED Componentssubmarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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