Technavio’s analysts forecast the global LED market to grow at a CAGR of 15.98% during the period 2018-2022.
LEDs are integral components of semiconductor devices and emit light by means of electro-luminescence. LED lighting products are bundled arrangements of LEDs that provide durable, affordable, and eco-friendly lighting systems.
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This report provides a detailed study of the global LED market. It offers insights into various aspects by looking at it from all angles. Our analysts conduct a combination of primary and secondary research to offer predictions and forecasts regarding the future over the forecast period. Primary research contains interviews conducted with respected key leaders, CEOs, and C-level executives. Drivers, opportunities, growth factors, threats, and restraints are analyzed in order to give users a wider scope.
Some Of Major Key Players Included :-
• GENERAL ELECTRIC
• LG INNOTEK
• Lumileds Holding
Analytics provide contain information gleaned through a variety of paid and unpaid sources. The data is verified through in-house analysts using proprietary techniques. The Porter’s five forces model is considered to attain strengths and weaknesses of the global LED market. It provides the number of players, new entrants, customers, distributors, and suppliers to give an overall perspective of the value and supply chain. Analysis of upstream and downstream processes are used to recognize bottlenecks and provide apt solutions. Business strategies can be deployed according to the economic situation and data gained thus far.
Demand and value estimation have been conducted across regions and products in the global LED market. Factors enveloping the region combined with political and economic scenarios are considered while writing the report. Key players are profiled according to their global ranking and investments in the sector. Consumer base, regulatory framework, and trends are kept in view to ascertain their position. The participation of said players is minutely analyzed via their patents, EBITDA returns, white papers, and online articles.
A combination of top-down and bottom-up approaches are used by in-house experts for validating the findings of the market. The data is represented by statistics, graphical charts, and diagrams which can corroborate the information. The final report and forecast is sent to industry experts for any last-minute changes to ensure its astuteness.
Latest Update of Semiconductor industry 2019:
The semiconductor industry is thriving and is likely to exhibit similar growth over the next couple of years. The digitization drive carried on by the governments in developed and developing economies is expected to catapult the industry on an upward trajectory. Technological developments are anticipated to accelerate revenue creation for the market players in the foreseeable future. The growth of the industry is highly dependent on the innovations brought in by the global leaders.
The competitive landscape represents healthy and neck to neck competition. The industry is likely to attract new entrants and massive investments in the years to come. Thus, the future trajectory is prognosticated to remain immensely lucrative over the next few years. Also, the influx of startups and new companies is projected to facilitate product developments. This, in turn, is poised to catapult the industry on the trajectory of growth.
The introduction of smart technology is the most prominent factor expected to encourage the growth pattern of the industry. It has paved its way across core industry verticals which is anticipated to have a favorable impact on revenue generation. Industry domains such as construction, manufacturing, automotive, etc. are leveraging smart technology for capitalizing on the developmental opportunities available. In addition, the rapid developments in smart technology are likely to intensify the need for advanced semiconductors, thus, supporting industry growth.
Table Of Contents – Major Key Points
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
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