High Brightness LED Market To Grow Swiftly Owing To Rising Usage In Mobile, Televisions, Signals & Signage Applications Till 2022 | Million Insights

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According to new report available with Million Insights, High brightness LED is also known as HB LEDs that functional for a lifespan of 50,000 to 60,000 hours. Driving factors responsible for the growth of high brightness LED industry includes rising significance in mobile electronics due to its longer life span, minimal costs of LED components and growth in display and large screen.

Global High Brightness LED Market is anticipated to grow at a significant CAGR in the forthcoming period. High brightness LED is also known as HB LEDs that functional for a lifespan of 50,000 to 60,000 hours. Being one of the most efficient technologies, light energy can be hoarded upto 70% of the energy needed in comparison with conventional forms of lighting. HB LEDs are deployed in televisions and other display screens to enhance brightness and enable clarity to consumers. On contrary, production of smart devices such as mobile phones, tablets and notepads resulting in consumption of less space and weight and which allows manufacturers to have flexibility in producing the end product.

Driving factors responsible for the growth of high brightness LED industry includes rising significance in mobile electronics due to its longer life span, minimal costs of LED components and growth in display and large screen. Other factors such as high market share, availability in versatile form, rising awareness for energy saving and ease of installation on any circuit contributes to the growth of High Brightness Light Emitting Diodes (LED) Market.

Full Research Report On Global High Brightness LED Market Analysis available at: https://www.millioninsights.com/industry-reports/high-brightness-light-emitting-diodes-led-market

However, market restraints such as breakdown due to excessive heat, regulatory concerns and rise in green construction is likely to impede the growth of high brightness LED industry. Based on segmentation by application, the high brightness LED market includes general lighting, automotive application, backlighting, signals & signage, mobile and others.

Geographical segmentation for high brightness LED market spans North America, South America, Europe, Asia-Pacific, Middle-East and Africa. The key players in the high brightness LED industry include Cree Inc, Epistar Corp, Philips Lumileds, Moritex Corporation, Samsung Electronics Co Ltd, Seoul Semiconductor, Osram Opto Semiconductor, Nichia Corporation, Toyoda Gosei, American Bright Optoelectronics Corporation, Eaton Corporation, Intematix Corportion, Everlight Electronics Co Ltd, LG Innotek Co Ltd, Broadcom Ltd, Kingbright Electronic Co Ltd and International Light Technologies.

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Market Segment:

Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of High Brightness Light Emitting Diodes (LED) for these regions, from 2012 to 2022 (forecast), covering

• United States

• China

• Europe

• Japan

• Korea

• Taiwan

Global High Brightness Light Emitting Diodes (LED) market competition by top manufacturers/players, with High Brightness Light Emitting Diodes (LED) sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including

• Epistar Corp

• Cree, Inc.

• Philips Lumileds

• Moritex Corporation

• Samsung Electronics Co Ltd

• Seoul semiconductor

• Osram Opto Semiconductor

• American Bright Optoelectronics Corps

• Nichia Corporation

• Toyoda Gosei

• Eaton Corporation

• Everlight Electronics Co., Ltd.

• Intematix Corporation

• GE Lighting Solutions

• LG Innotek Co Ltd

• Broadcom Ltd.

• Kingbright Electronic Co, Ltd

• International Light Technologies

On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into

• High Brightness Polarized Light Emitting Diodes

• High Brightness Algainp Light Emitting Diodes

Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/consumer-goods

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of High Brightness Light Emitting Diodes (LED) for each application, including

• Automotive Application

• General Lighting

• Backlighting

• Mobile

• Signals & Signage

• Others

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