The global high power LED market size was USD 4.56 Billion in 2021 and is expected to register a revenue CAGR of 4.2% during the forecast period, according to latest analysis by Emergen Research. In October 2021, Universal Remote Control, Inc. (URC), a U.S based residential and commercial automation solution provider announced the introduction of its new smart home lighting system product line. With a selection of smart dimmers, switches, and gateway devices, this new generation of smart lighting delivers ideal ambiance for social gatherings or family occasions. URC Lighting devices use LED lights to display notifications for preprogrammed triggers.
The latest market study, High Power LED market blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2022 - 2030.This research allows the business owners/individuals/ stakeholders to collect decisive information about market segmentation based on product category, usage and sale volume across the various geographical regions. Business stakeholders can prepare effective expansion plan by using the statistics on market share, size and the growth rate discussed in the report, for the forecast period of 2022 - 2030. Unmatched information on past, present and upcoming market trends covered in the study offer lucidity on the future projection of the industry.
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Key companies operating in the High Power LED market include:
Samsung, LG Innotek, Seoul Semiconductor Co., Ltd., Plessey Semiconductors, Stanley Electric Co., Ltd., Crescent Opto Private Limited, Vollong Electronics Co., Limited, Betlux Electronics Co., Ltd., OSRAM GmbH, Cree LED, an SGH company, Everlight Electronics Co., Ltd., and Lumileds Holding B.V.
The Global High Power LED Report is a panoramic study of the overall High Power LED market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the High Power LED market. The report provides a detailed analysis of the key factors of the High Power LED market that are expected to have a positive impact on the growth of the High Power LED industry.
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Emergen Research has segmented the global high power LED market based on packaging structure, wattage, application, and region:
Packaging Structure Outlook (Revenue, USD Billion; 2019-2030)
- Flip Chip
Wattage Outlook (Revenue, USD Billion; 2019-2030)
- 1-2.9 W
- 3-4.9 W
- 5-10 W
- 10 W
Application Outlook (Revenue, USD Billion; 2019-2030)
- General Lighting
- Automotive Lighting
- Flash Lighting
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
- North America
U.K., Italy, Germany, France, Rest of EU
- Asia Pacific
India, Japan, China, South Korea, Australia. Rest of APAC
- Latin America
Chile, Brazil, Argentina, Rest of Latin America
- Middle East Africa
Saudi Arabia, U.A.E., South Africa, Rest of MEA
Key Questions Addressed in the Report:
- Who are the leading players in the High Power LED industry?
- Which region is expected to dominate the market in the coming years?
- What are the key applications of High Power LED?
- Which segment is expected to garner traction during the coming years?
- What are the key strategies adopted by leading players in the market?
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