Mar 28, 2019   SOURCE: PR NewsWire

$37 Billion LED Chip Market - Global Trends, Share, Size, Growth, Opportunity and Forecasts 2018-2019 & 2024

DUBLIN, March 28, 2019 /PRNewswire/ -- The "LED Chip Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

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The global LED chip market was worth US$ 16.4 Billion in 2018

LED stands for Light Emitting Diode and is a two-lead semiconductor light source. LEDs are found in different variables all around us and in different colors such as red, blue, yellow, green, white, infrared and ultraviolet wavelengths with very high brightness. They are used in a wide range of applications that vary from backlighting in electronic products such as LCD TVs, laptops, and phones, in lighting like street lighting, automotive lighting, and general illumination, etc.

LEDs offer better picture quality due to higher degree of power efficiency and brightness. The LED chip (also known as the die) represents the most important and cost intensive component of the LED. LED chips represent an important factor in determining the light quality. The chips have different ratings for brightness, emitting wavelength, and voltage. After installing the LED chip and passing current through an electrical source, a certain color of light is emitted determined by the dominant wavelength.

The LED chip market is currently exhibiting double digit growth rates. 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.

Looking forward, the market value is projected to exceed US$ 37.0 Billion by 2024, exhibiting a CAGR of around 14% during 2019-2024.

Key Questions Answered in This Report:

    --  How has the global LED chip market performed so far and how will it
        perform in the coming years?
    --  What are the key regional markets in the global LED chip industry?
    --  What is the breakup of the global LED chip market on the basis of
        product type?
    --  What is the breakup of the global LED chip market on the basis of
        application?
    --  What are the various stages in the value chain of the global LED chip
        market?
    --  What are the key driving factors and challenges in the global LED chip
        market?
    --  What is the structure of the global LED chip market and who are the key
        players?
    --  What is the degree of competition in the global LED chip market?
    --  How is LED chip manufactured?

Key Topics Covered:

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
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

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/wqv5j3/37_billion_led?w=5

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