Global LED Chip and Module Market Growth 2023-2029

Global LED Chip and Module Market Growth 2023-2029

Epi/chip. Epitaxy refers to the process of evolving a wafer (sapphire or SiC, for instance) by depositing epitaxial layers on the wafer using MOCVD. Creating the epitaxial layers is the most critical and capital-intensive step in LED manufacturing. After additional wafer processing to create the metal connection, the wafer is cut up ("diced") into chips. Although it can be used for different applications, the quality requirements (mainly efficacy) of the epi/chip differ by application.
Module (sometimes called light engine). Creation of a module (light engine) is the next step in the LED lighting value chain. The module (light engine) mainly consists of one or more LED packages, secondary optics, a heat sink and an electrical driver. The LEDs are mounted on a PCB (printed circuit board), and the modules (light engines) are integrated with optics and thermal/power management components to optimize the module (light engine) to each application.
LPI (LP Information)' newest research report, the “LED Chip and Module Industry Forecast” looks at past sales and reviews total world LED Chip and Module sales in 2022, providing a comprehensive analysis by region and market sector of projected LED Chip and Module sales for 2023 through 2029. With LED Chip and Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Chip and Module industry.
This Insight Report provides a comprehensive analysis of the global LED Chip and Module landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LED Chip and Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LED Chip and Module market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Chip and Module and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LED Chip and Module.
The global LED Chip and Module market size is projected to grow from US$ 4114.6 million in 2022 to US$ 5862.2 million in 2029; it is expected to grow at a CAGR of 5862.2 from 2023 to 2029.
The top 4 of global LED Chip and Module include San'an Opto, ETI, HC SemiTek and Lattice Power, with about 77% market shares.
Europe is the largest consumption place, with a consumption market share nearly 27%.
This report presents a comprehensive overview, market shares, and growth opportunities of LED Chip and Module market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Lateral Chip
Vertical Chip
Flip Chip
Segmentation by application
General Lighting
Automotive Lighting
Backlighting
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Epistar
San’an Opto
Cree
OSRAM
Samsung
Toyoda Gosei
Seoul Semiconductor
Philips Lumileds
ETI
LG Innotek
NiChia
HC SemiTek
Lextar
Lattice Power
OPTO-TECH
Tyntek
Genesis Photonics
Formosa Epitaxy
Changelight
Aucksun
TongFang
Key Questions Addressed in this Report
What is the 10-year outlook for the global LED Chip and Module market?
What factors are driving LED Chip and Module market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LED Chip and Module market opportunities vary by end market size?
How does LED Chip and Module break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.