Global High Brightness LED Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global High Brightness LED market size was valued at USD 17750 million in 2023 and is forecast to a readjusted size of USD 22110 million by 2030 with a CAGR of 3.2% during review period.
One HBLED definition is that it is a light emitting diode that produces over 50 lumens (1 candela = 12.75 lumens). High-Brightness LEDs are any of a new generation of LEDs bright enough for illumination applications such as automotive interior, exterior, and display; room and architectural illumination; task and general lighting; projection display; display backlights; and signage.
The major players in global Indica (High-brightness LED) market include Nichia Corporation, Osram Opto Semiconductor, Lumileds, etc. The top 3 players occupy about 30% shares of the global market.
The Global Info Research report includes an overview of the development of the High Brightness LED industry chain, the market status of Consumer Electronics (6V, 12V), General Lighting (6V, 12V), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of High Brightness LED.
Regionally, the report analyzes the High Brightness LED markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global High Brightness LED market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the High Brightness LED market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the High Brightness LED industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., 6V, 12V).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the High Brightness LED market.
Regional Analysis: The report involves examining the High Brightness LED market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the High Brightness LED market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to High Brightness LED:
Company Analysis: Report covers individual High Brightness LED manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards High Brightness LED This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Consumer Electronics, General Lighting).
Technology Analysis: Report covers specific technologies relevant to High Brightness LED. It assesses the current state, advancements, and potential future developments in High Brightness LED areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the High Brightness LED market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
High Brightness LED market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
6V
12V
24V
Market segment by Application
Consumer Electronics
General Lighting
Automotive
Major players covered
Cree
GE Lighting
LG Innotek
Lumileds
Nichia
OSRAM
Samsung Electronics
Seoul Semiconductor
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe High Brightness LED product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of High Brightness LED, with price, sales, revenue and global market share of High Brightness LED from 2019 to 2024.
Chapter 3, the High Brightness LED competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the High Brightness LED breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and High Brightness LED market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of High Brightness LED.
Chapter 14 and 15, to describe High Brightness LED sales channel, distributors, customers, research findings and conclusion.