Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global LED Chip Market Research Report and Forecast 2024 Report Edition: 2019 © 2019 IMARC All Rights Reserved

Report Description About IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description Report Description and Highlights Global LED Chip Market Overview: According to the latest report by IMARC Group, titled “LED Chip Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast ”, the global LED chip market size reached US$ 16.4 Billion in A light-emitting diode (LED) chip, also known as the die, refers to the core component in the LED lighting system. It has different ratings based on the voltage, brightness and wavelength, and primarily assists in determining the quality and color of light, such as red, blue, green, white and yellow. Over the years, the LED chip technology has evolved from the low-efficiency Dual In-Line Package (DIP) to high-powered Chip on Board (COB) circuits, which in turn, has helped in improving the efficiency of lighting systems.LED Chip Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast Request for a free sample report: LED Chip Market Trends The LED chip market is presently witnessing double-digit growth owing to the strong demand for LED lighting products. These lights are more energy-efficient in terms of power consumption and offer a high luminous intensity.

Report Description Report Description and Highlights Moreover, LED lights utilize electroluminescence to produce light by converting electricity into visible light with minimum wastage and heat generation. Apart from this, LED products have a longer lifespan in comparison to incandescent bulbs which, in turn, is strengthening the growth of the LED chip market. Furthermore, incentives offered by governments around the world to promote the utilization of energy-efficient lighting is also boosting the sales of LED chips. Looking forward, the market is projected to exceed US$ 37.0 Billion by 2024, expanding at a CAGR of around 14% during

Report Description Report Description and Highlights Further, owing to technological innovations and continuous research and development (R&D), the cost of manufacturing LED per kilolumen has also decreased, thereby reducing the average selling price (ASP) of LEDs. Key Market Segmentation: Market Segmentation by Product Blue LED Chips Red LED Chips Green LED Chips Infrared LED Chips Yellow LED Chips White LED Chips Others Based on the product, the market has been segregated into blue, red, green, infrared, yellow, white and other LED chips. At present, blue LED chips account for the majority of the total market share. This can be accredited to their application in backlighting as well as illumination to attain a high degree.

Report Description Report Description and Highlights For more information, click here: Market Segmentation by Application Backlighting Illumination Automotive Signs and Signal Others On the basis of the application, the market has been segmented into backlighting, illumination, automotive, signs and signal, and others. Market Segmentation by Region Asia Pacific Europe North America Middle East and Africa

Report Description Report Description and Highlights Latin America Region-wise, Asia Pacific represents the largest market for LED chips around the world, owing to a large number of industry participants in the region. Other major markets include Europe, North America, Latin America, and Middle East and Africa. Browse Related Report LED Lighting Market Report: LED Bulb Market Report: Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. AVA Technologies Inc. Bright LED Electronics Corporation

Report Description Report Description and Highlights Cree Bridgelux Hitachi Cable Huga Optech Dowa Electronics Materials Co Ltd Epistar Corporation Nichia Corporation Formosa Epitax Goldeneye INC. Kingbright Optek Technology Ltd Osa Opto Light Gmbh Osram Opto Semiconductors

A partial List of our Clients We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients

A partial List of our Clients We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients

Report Description Report Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

FOR MORE DETAILS Visit us at : Stay With Us: TELEPHONE: Contact Us