Global LED Module Market Growth (Status and Outlook) 2023-2029

Global LED Module Market Growth (Status and Outlook) 2023-2029

A light emitting diode (LED) module is a self-contained LED device designed either to function on its own or to plug into a compatible unit. LED modules are commonly used to create energy-efficient or portable lighting. When powered on, these modules emit bright light from a small bulb. LED module devices include LED book lights, night lights, outdoor lighting, LED headlamps, and LED flashlights, as well as the multiple LED bulb units used in LED lighting fixtures. These units usually have at least one LED bulb contained in a fixture that either powers the LED lights or plugs into a device that powers the LED module. Note: Part LED module enterprises products are not only for their own use, but also sell LED module to downstream consumers, even provide OEM. So, the size of an enterprise includes the amount of sales and self-produced and self-used.
LPI (LP Information)' newest research report, the “LED Module Industry Forecast” looks at past sales and reviews total world LED Module sales in 2022, providing a comprehensive analysis by region and market sector of projected LED Module sales for 2023 through 2029. With LED Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Module industry.
This Insight Report provides a comprehensive analysis of the global LED 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 Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LED Module market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED 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 Module.
The global LED Module market size is projected to grow from US$ 5491.9 million in 2022 to US$ 7663.8 million in 2029; it is expected to grow at a CAGR of 4.9% from 2023 to 2029.
Global LED Module key players include Osram, Philips Lighting, Cree, GE Lighting, Seoul Semiconductor, etc. Global top five manufacturers hold a share about 30%. China is the largest market, with a share about 30%, followed by Europe, with a share about 20 percent. In terms of application, the largest application is General Lighting, followed by Backlighting, and Automotive Lighting.
This report presents a comprehensive overview, market shares, and growth opportunities of LED Module market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
High Voltage LED Driver Module
Low Voltage LED Driver Module
Medium Voltag LED Driver Module
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.
Osram
Philips Lighting
Cree
GE Lighting
Seoul Semiconductor
Panasonic
Nichia
JF
Acuity Brands
Samsung
LG Innotek
Eaton
Toshiba
Toyoda Gosei
Opple
Yankon
Edison Opto

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