LED Chip Market Size, Share, Opportunities, And Trends By Type (Surface-mounted Diode (SMD), Chip On Board (COB), Flip-Chip (ETI FC)), By Application (Encoders, Optical Switches, Optical Communications, Distance Measurement, Others) And Geography - Forecasts From 2019 To 2024

  • Published : May 2020
  • Report Code : KSI061614698
  • Pages : 110

The LED chip market is projected to grow at a CAGR of 9.73% during the forecast period to reach a market size of US$15.594 billion in 2024 from US$8.933 billion in 2018. Growing adoption of energy-efficient lighting is the major driver of the LED chip market. Supportive government policies and incentives to boost the usage of LED lights is further escalating the production of LED lights which, in turn, is augmenting the demand for LED chips. Increasing applications of LED lights in industries such as automotive and transportation is another factor behind the growth of LED Chip market. Geographically, LED Chip market is segmented into North America, South America, Europe, Middle East and Africa, and the Asia Pacific. APAC dominates the LED Chip market throughout the forecast period on account of high production of LEDs in countries like China, India, and Taiwan and the presence of major LED manufacturers in the region.

DRIVERS
Steady fall in the price of LEDs leading to its growing adoption.
Growing focus on the efficient use of resources.

RESTRAINTS
Availability of substitutes

INDUSTRY UPDATE
In November 2017, Osram AG announced the operation of its new LED chip factory in Kulim, Malaysia.

Segmentation

The global LED chip market has been analyzed through the following segments:

By Type
Surface-mounted diode (SMD)
Chip on Board (COB)
Flip-Chip (ETI FC)

By Application
Encoders
Optical Switches
Optical Communications
Distance Measurement
Others

By Geography

North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
United Kingdom
Germany
France
Spain
Others
Middle East and Africa
 Israel
Others
Asia Pacific
Japan
China
India
South Korea
Others


Frequently Asked Questions (FAQs)

Q1. What will be the led chip market size by 2024?
A1. LED Chip market is projected to reach a market size of US$15.594 billion in 2024.
 
Q2. What are the growth prospects for the led chip market?
A2. The LED chip market is projected to grow at a CAGR of 9.73% during the forecast period.
 
Q3. What is the size of global led chip market?
A3. The global LED chip market was valued at US$8.933 billion in 2018.
 
Q4. What factors are anticipated to drive the led chip market growth?
A4. Growing adoption of energy-efficient lighting is the major driver of the LED chip market.
 
Q5. Which region holds the largest market share in the global led chip market?
A5. Asia Pacific dominates the LED Chip market throughout the forecast period on account of high production of LEDs in countries like China, India, and Taiwan.

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL LED CHIP BY TYPE
5.1. Surface-mounted diode (SMD)
5.2. Chip on Board (COB)
5.3. Flip-Chip (ETI FC)
6. GLOBAL LED CHIP MARKET BY APPLICATION
6.1. Encoders
6.2. Optical Switches
6.3. Optical Communications
6.4. Distance Measurement
6.5. Others
7. GLOBAL LED CHIP MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. United Kingdom
7.3.2. Germany
7.3.3. France
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Israel
7.4.2. Others
7.5. Asia Pacific
7.5.1. Japan
7.5.2. China
7.5.3. India
7.5.4. South Korea
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Cree, Inc.
9.2. OSRAM AG
9.3. Lumileds holdings B.V.
9.4. Seoul Semiconductor
9.5. LG Innotek
9.6. Epistar Corporation
9.7. San’an Optoelectronics Co., Ltd.
9.8. Nichia
9.9. Toyoda Gosei
9.10. Huacan Optoelectronics Co., Ltd.
LIST OF FIGURES
LIST OF TABLES


Cree, Inc.
OSRAM AG
Lumileds holdings B.V.
Seoul Semiconductor
LG Innotek
Epistar Corporation
San’an Optoelectronics Co., Ltd.
Nichia
Toyoda Gosei
Huacan Optoelectronics Co., Ltd.