High Brightness LED Market 2020 Global Industry Size, Share, Emerging Trends, Top Leaders, Segmentation, Future Prospects and Opportunity Assessment by 2023

High Brightness LED Market 2020 Global Industry Size, Share, Emerging Trends, Top Leaders, Segmentation, Future Prospects and Opportunity Assessment by 2023

“” High Brightness LED Market “”
According to the recent report by Market Research Future (MRFR), the global high brightness LED market is expected to acquire a substantial market valuation of USD 23.32 billion by 2023, at a notable CAGR of 9.73% over the assessment period.

Global High Brightness LED Market

High brightness LED is an advanced LED type with higher luminosity output that can withstand higher current levels and power dissipation. These light emitting diodes provides well distributed and uniform lighting output while using lower energy. Owing to their high bay lighting property they are ideal for manufacturing units, warehouses, and outdoor fields that require multiple distributions with suitability to varied color temperature.

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Key players

The major market players of the global High Brightness LED market are American Bright Optoelectronics Corps (US), Cree, Inc. (US), Epistar Corporation (Taiwan), Lumileds Holding B.V. (Netherland), Moritex Corporation (Japan), Seoul semiconductor (South Korea), Nichia Corporation (Japan), Osram Opto Semiconductors GmbH (Germany), Samsung Electronics Co Ltd (South Korea), and Toyoda Gosei (Japan).

These players are expected to adopt innovative business strategies such as partnerships & collaborations, mergers & acquisitions, and new product launches to enhance their businesses in the global High Brightness LED market over the review period.

Segmental Analysis

High Brightness LED market is segmented on the basis of application.

On the basis of application, the market is segmented into signals & signage, automotive lighting, general lighting, LCD backlighting, mobile, others. The general lighting segment is likely to dominate the High brightness LED market and acquire the largest market share during the forecast period. This growth is owing to the large-scale replacement of conventional luminaires for indoor and outdoor lighting. 

Regional Analysis

The global market for application release automation is estimated to grow at a notable rate during the forecast period from 2018 to 2023. The geographical analysis of High Brightness LED market is done for North America, Europe, Asia-Pacific, and the rest of the world.

Asia-Pacific is expected to dominate the High Brightness LED market from 2018 to 2023 owing to the presence of advanced in lighting infrastructure, high concentration of market players in the region, and rise in government funding in upgradation public infrastructure outdoor lighting. This region is also anticipated to grow at the highest CAGR during the forecast period.

TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.3 List Of Assumptions

2.4 Market Structure

3 Market Insights

4 Research Methodology

4.1 Research Process

4.2 Primary Research

4.3 Secondary Research

4.4 Market Size Estimation

4.5 Forecast Model

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LIST OF TABLES

Table 1 Global High Brightness LED Market, By Region, 2018–2023

Table 2 North America: High Brightness LED Market, By Country, 2018–2023

Table 3 Europe: High Brightness LED Market, By Country, 2018–2023

LIST OF FIGURES

FIGURE 1 Global High Brightness LED Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of Global High Brightness LED Market

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