Global Light Emitting Diode (LED) Phosphor Market Growth 2023-2029

Global Light Emitting Diode (LED) Phosphor Market Growth 2023-2029

Phosphor is a substance that displays the property of luminescence. In the case of LED lighting the type of luminescence is specifically fluorescence, the emission of light caused by the absorption of blue light energy emanating from the LED chip. When a phosphor absorbs a photon of blue light it emits a photon of longer wavelength, extending the spectrum toward the red. Different phosphors have different emission characteristics and thus when combined with the blue light and each other, a high quality light spectrum is produced.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Emitting Diode (LED) Phosphor 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 Light Emitting Diode (LED) Phosphor.

The global Light Emitting Diode (LED) Phosphor market size is projected to grow from US$ 1177 million in 2022 to US$ 3469.9 million in 2029; it is expected to grow at a CAGR of 3469.9 from 2023 to 2029.

Phosphors are manufactured in ways to make them most suitable for consistent, high yield LED manufacturing. Most phosphors are packaged as powders of well formed, micrometer scale particles. These can be integrated into carrier materials that then coat and form LED components in many different ways.

This report presents a comprehensive overview, market shares, and growth opportunities of Light Emitting Diode (LED) Phosphor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Silicate Phosphors
Garnet Phosphors
Aluminate Phosphors
Nitride Phosphors

Segmentation by application
Consumer Electronics
Automotive
Architectural
Others

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.
GE Lighting
Lumileds
OSRAM
Cree
Seoul Semiconductor
Nichia
Merck
Broadcom
Bridgelux
Citizen Electronics
Dialight
Epistar
Everlight Electronics
Edison Opto
Intematix
Nationstar
Stanley Electric
Toshiba Lighting And Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Light Emitting Diode (LED) Phosphor market?

What factors are driving Light Emitting Diode (LED) Phosphor market growth, globally and by region?

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

How do Light Emitting Diode (LED) Phosphor market opportunities vary by end market size?

How does Light Emitting Diode (LED) Phosphor 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.