Market Analysis and Insights: Global Light-Emitting Diodes Market
Due to the COVID-19 pandemic, the global Light-Emitting Diodes market size is estimated to be worth US$ 63720 million in 2021 and is forecast to a readjusted size of US$ 63720 million by 2028 with a CAGR of 15.1% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Light-Emitting Diodes global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The United States Light-Emitting Diodes market is estimated at US$ million in 2021, while China is forecast to reach US$ million by 2028. The proportion of the United States is % in 2021, while Chinese percentage is %, and it is predicted that China's share will reach % in 2028, trailing a CAGR of % through the analysis period.
The global key manufacturers of Light-Emitting Diodes include PHILPS, COOPER, OSRAM, GE Lighting, Warom Technology, Senben, Tormin and Ocean King Lighting, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In United States, in terms of revenue, in 2021, the top three players hold a share about %, while in China, top three players hold a share nearly %.
Global Light-Emitting Diodes Scope and Market Size
The global Light-Emitting Diodes market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Light-Emitting Diodes market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Organic Light-Emitting Diodes
Polymer Light Emitting Diodes
Others
Segment by Application
Electronics
Automotive
Industrial
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
PHILPS
COOPER
OSRAM
GE Lighting
Warom Technology
Senben
Tormin
Ocean King Lighting