sales@fnfresearch.comTel: +86 21 80360450 | USA: +1-347-989-3985

Home / All latest News / Global High Brightness LED Market

Global High Brightness LED Market Projected to Reach USD 25 Billion by 2026

17-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “High Brightness LED Market By Application (Automotive Application, General Lighting, Backlighting, Mobile, Signals & Signage, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global high brightness LED market in 2019 was above USD 15 billion. The market is expected to grow around a CAGR of 5% and is anticipated to reach over USD 25 billion by 2026.

HBLEDs also referred as high brightness LEDs, or high power LEDs, are used for lighting applications. Compare to traditional LEDs, the high brightness LEDs provide higher levels of light. These lights are capable of providing high levels of performance with greater efficiency than other types of lighting technology and a much longer lifespan, although it puts new demands on technology. High brightness LEDs offer several distinct advantages over many other lamp types. HB LED lights are used in several types lighting application such as office, domestic lighting, room lightening, automotive lighting, etc. High-brightness LEDs are designed for display, video screens, and signage. High brightness LED is innovative LED based on semiconductor. It provides longer lifespan, higher brightness, and low power consumption.

Request Sample Request Customization Buy Now

Browse the full “High Brightness LED Market By Application (Automotive Application, General Lighting, Backlighting, Mobile, Signals & Signage, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/global-high-brightness-led-market-by-application-automotive-1193

Increasing needs for energy saving lighting, rising demands for brighter lights at lower voltage is driving the market growth. The strict regulations about energy-saving and increasing demand for green construction and usage of the High brightness LED in different applications such as mobiles, street lighting, signals and signs backlighting, automotive are factors that estimated to surge demand of the high brightness LED worldwide. Furthermore, increasing use of HB-LED light in replacements of traditional light including cars, domestic lighting, and the other factors such as energy-efficient, longer life span than traditional lighting and cost-effectiveness, environment friendly are the factors that expected to propel the market during the upcoming years. However, the performance of the HB LED is depend on ambient temperature, in high temperature the extreme use of HB-LED can cause failure, this factor may restraints the market growth. Additionally, initial high investment in the manufacturing of HB LED may impede the growth of the market. On the other hand, the increasing consumption of the HB LED in various applications, growth in consumer electronics and automotive industry and rising penetration of LED in domestic as well as industrial sectors is expected to create significant opportunities in the HB LED market.      

By application segmentation, the general lighting category is expected to contribute the largest market share in the global high brightness LED market attributed to changing consumer preferences towards the high brightening LED from traditional LED and rise in the sale of outdoor lights, replacements lamps. Increasing use of HBLED in the green construction is anticipated to witness huge growth in the HBLED market. On the basis of the region, North America led the market in 2019 and it is anticipated to grow in the future years attributed to reduction in LED components cost and mobile devices shipment.

Top key players operating in the market are 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, and others.

This report segments the high brightness LED market as follows:

Global high brightness LED Market: By Application Segmentation Analysis

  • Automotive Application
  • General Lighting
  • Backlighting
  • Mobile
  • Signals & Signage
  • Others

Global high brightness LED Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:
Facts & Factors

A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: sales@fnfresearch.com
Web: https://www.fnfresearch.com

Latest Added Market Report

Surface Disinfectant Market – By Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, and Other Compositions), By Type (Liquids, Wipes, and Sprays), By Application (Surface Disinfection, Instrument Disinfection, and Other Applications), By End-User (Hospital Settings, Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, and Research Laboratories): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the surface disinfectant industry. The report analyzes and declares the historical and current trends analysis of the surface disinfectant industry and subsequently recommends the projected trends anticipated to be observed in the surface disinfectant market during the upcoming years. The surface disinfectant market report analyzes and notifies the industry sta ...

Published Date : 19-Mar-2020 | | Category : Healthcare | Pages : 175 | Format : Read more

Plastic Medical Face Shield Market – By Type (Full Face Shield and Half Face Shield) By Material (Polycarbonate, Propionate, Acetate, Polyvinyl Chloride, Polyethylene Terephthalate Glycol (PETG), Others) By Application (Hospitals, Clinics, Medical Shops, Others): Global Plastic Medical Face Shield Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Plastic Medical Face Shield industry. The report analyzes and declares the historical and current trends analysis of the Plastic Medical Face Shield industry and subsequently recommends the projected trends anticipated to be observed in the Plastic Medical Face Shield market during the upcoming years. The Plastic Medical Face Shield market report analyzes a ...

Published Date : 19-Mar-2020 | | Category : Chemical & Materials | Pages : 188 | Format : Read more

Europe Sofa and Chair Market – By Sofa Type (Leather Sofa, Fabric Sofa, Wood Sofa, Others) By Chair Type (Backrest Chair, Multifunctional Chair, Folding Chair, Lounge Chair, Arm Chair, Others) By Material (Fabric, Leather, Others) By Style (Modern, Classic) By Usage (Private Home, Office Usage, Indoor, Outdoor) By Application (Household, Commercial): Europe Sofa and Chair Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Europe Sofa and Chair industry. The report analyzes and declares the historical and current trends analysis of the Europe Sofa and Chair industry and subsequently recommends the projected trends anticipated to be observed in the Europe Sofa and Chair market during the upcoming years. The Europe Sofa and Chair market report analyzes and notifies the industry ...

Published Date : 19-Mar-2020 | | Category : Consumer Goods | Pages : 188 | Format : Read more

Facts & Factors provides an array of marketing and business research solutions distinctly designed by our expertise for the clients.
Copyright © 2020 Facts & Factors. All Rights Reserved. Sitemap - Privacy Policy - Terms & Conditions