Global LED Materials Market Growth 2023-2029

Global LED Materials Market Growth 2023-2029

Growing use of LED materials in general lighting is a prime factor driving the growth of the LED materials market.

LPI (LP Information)' newest research report, the “LED Materials Industry Forecast” looks at past sales and reviews total world LED Materials sales in 2022, providing a comprehensive analysis by region and market sector of projected LED Materials sales for 2023 through 2029. With LED Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Materials industry.

This Insight Report provides a comprehensive analysis of the global LED Materials 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 Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LED Materials market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Materials 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 Materials.

The global LED Materials market size is projected to grow from US$ 13080 million in 2022 to US$ 22140 million in 2029; it is expected to grow at a CAGR of 22140 from 2023 to 2029.

Asia-Pacific is the fastest-growing market for LED materials, in terms of value.

This report presents a comprehensive overview, market shares, and growth opportunities of LED Materials market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Trimethyl Gallium (TMGa)
Trimethyl Aluminum (TMA)
Trimethyl Indium (TMIn)
Triethyl Gallium (TEGa)
Other

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.
Sumitomo electric
Hitachi Metals
AkzoNobel
Seoul Semiconductors
Nichia
Epistar
Koninklijke Philips
OSRAM Licht

Key Questions Addressed in this Report

What is the 10-year outlook for the global LED Materials market?

What factors are driving LED Materials market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do LED Materials market opportunities vary by end market size?

How does LED Materials 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.