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LED Chip Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global LED Chip market reached a value of US$ 19.8 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 14.3% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

LED stands for light emitting diode, which is a two-lead semiconductor light source. These are used in a wide range of applications that vary from backlighting in electronic products such as LCD TVs, laptops, and phones, as well as in street lighting and automotive lighting, and general illumination. This can be attributed to the better picture quality offered by LEDs due to their higher degree of power efficiency and brightness. The LED chip, also known as the die, represents the most essential and cost-intensive component of the LED. It is a critical factor in determining the light quality. The chips have different ratings for brightness, wavelength and voltage. After installing the LED chip and passing current through an electrical source, a particular color of light is emitted, which is determined by the dominant wavelength.

The LED chip market is currently exhibiting double-digit growth. These lights are more energy-efficient in terms of power consumption and provide high luminous intensity. They use electroluminescence to produce light without generating heat and convert electricity into energy with minimum wastage. Furthermore, these products have a longer lifespan as compared to incandescent bulbs, which further drives their demand. However, with technological innovations and research and development, the cost of manufacturing LEDs per kilolumen has decreased. This has significantly reduced the average selling price (ASP) of LEDs, making them a preferred choice among consumers. Moreover, incentives provided by governments across the globe to promote the usage of energy-efficient lighting is also elevating the demand for LED products.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global LED Chip market report, along with forecasts for growth at the global and regional level from 2021-2026. Our report has categorized the market based on product and application.

Breakup by Product:

  • Blue LED Chips
  • Red LED Chips
  • Green LED Chips
  • Infrared LED Chips
  • Yellow LED Chips
  • White LED Chips
  • Others
     

Breakup by Application:

  • Backlighting
  • Illumination
  • Automotive
  • Signs and Signal
  • Others
     

Breakup by Region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The competitive landscape of the market is characterized by the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

  • AVA Technologies, Inc.
  • Bright LED Electronics Corporation
  • Cree, Inc.
  • Bridgelux, Inc.
  • Hitachi Cable, Ltd.
  • Huga Optech, Inc.
  • Dowa Electronics Materials Co., Ltd.
  • Epistar Corporation
  • Nichia Corporation
  • Formosa Epitaxy, Inc.
  • Goldeneye, Inc.
  • Kingbright Electronic Co. Ltd.
  • Optek Technology (TT Electronic PLC)
  • OSA Opto Light GmbH
  • Osram Opto Semiconductors GmbH
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered AVA Technologies, Inc., Bright LED Electronics Corporation, Cree, Inc., Bridgelux, Inc., Hitachi Cable, Ltd., Huga Optech, Inc., Dowa Electronics Materials Co., Ltd., Epistar Corporation, Nichia Corporation, Formosa Epitaxy, Inc., Goldeneye, Inc., Kingbright Electronic Co. Ltd., Optek Technology (TT Electronic PLC), OSA Opto Light GmbH and Osram Opto Semiconductors GmbH
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 1999
Five User License: US$ 2499
Corporate License: US$ 2999
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global LED chip market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the industry?
  • What has been the impact of COVID-19 on the global LED chip industry?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the global LED chip industry?
  • What are the key driving factors and challenges in the global LED chip industry?
  • What is the structure of the global LED chip industry and who are the key players?
  • What is the degree of competition in the global LED chip industry?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global LED Chip Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Product
    5.5    Market Breakup by Application
    5.6    Market Breakup by Region
    5.7    Market Forecast
6   Market Breakup by Product
    6.1    Blue LED Chips
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Red LED Chips
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Green LED Chips
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Infrared LED Chips
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Yellow LED Chips
        6.5.1    Market Trends
        6.5.2    Market Forecast
    6.6    White LED Chips
        6.6.1    Market Trends
        6.6.2    Market Forecast
    6.7    Others
        6.7.1    Market Trends
        6.7.2    Market Forecast
7   Market Breakup by Application
    7.1    Backlighting
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Illumination
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Automotive
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Signs and Signal
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Others
        7.5.1    Market Trends
        7.5.2    Market Forecast
8   Market Breakup by Region
    8.1    Asia Pacific
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Europe
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    North America
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Middle East and Africa
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Latin America
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   Global LED Chip Industry: SWOT Analysis 
    9.1    Overview 
    9.2    Strengths
    9.3    Weaknesses 
    9.4    Opportunities
    9.5    Threats
10  Global LED Chip Industry: Value Chain Analysis 
    10.1    Overview
    10.2    Research and Development
    10.3    Raw Material Procurement
    10.4    Manufacturing
    10.5    Marketing
    10.6    Distribution
    10.7    End-Use
11  Global LED Chip Industry: Porters Five Forces Analysis 
    11.1     Overview 
    11.2     Bargaining Power of Buyers
    11.3     Bargaining Power of Suppliers 
    11.4     Degree of Competition
    11.5     Threat of New Entrants
    11.6     Threat of Substitutes
12  Global LED Chip Industry: Price Analysis 
    12.1      Price Indicators
    12.2      Price Structure
    12.3      Margin Analysis
13  LED Chip Manufacturing Process
    13.1    Product Overview
    13.2    Raw Material Requirements
    13.3    Manufacturing Process
    13.4    Key Success and Risk Factors
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    AVA Technologies Inc. 
        14.3.2    Bright LED Electronics Corporation
        14.3.3    Cree, Inc.
        14.3.4    Bridgelux, Inc.
        14.3.5    Hitachi Cable, Ltd.
        14.3.6    Huga Optech, Inc.
        14.3.7    Dowa Electronics Materials Co., Ltd.
        14.3.8    Epistar Corporation
        14.3.9    Nichia Corporation
        14.3.10     Formosa Epitaxy, Inc.
        14.3.11    Goldeneye, Inc.
        14.3.12    Kingbright Electronic Co. Ltd.
        14.3.13    Optek Technology (TT Electronic PLC)
        14.3.14    OSA Opto Light GmbH
        14.3.15    Osram Opto Semiconductors GmbH

List of Figures

Figure 1: Global: LED Chip Market: Major Drivers and Challenges
Figure 2: Global: LED Chip Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: LED Chip Market: Breakup by Product (in %), 2020
Figure 4: Global: LED Chip Market: Breakup by Application (in %), 2020
Figure 5: Global: LED Chip Market: Breakup by Region (in %), 2020
Figure 6: Global: LED Chip Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 7: Global: LED Chip Industry: SWOT Analysis
Figure 8: Global: LED Chip Industry: Value Chain Analysis
Figure 9: Global: LED Chip Industry: Porter’s Five Forces Analysis
Figure 10: Global: LED Chip (Blue LED Chips) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: LED Chip (Blue LED Chips) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: LED Chip (Red LED Chips) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: LED Chip (Red LED Chips) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: LED Chip (Green LED Chips) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: LED Chip (Green LED Chips) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: LED Chip (Infrared LED Chips) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: LED Chip (Infrared LED Chips) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: LED Chip (Yellow LED Chips) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: LED Chip (Yellow LED Chips) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: LED Chip (White LED Chips) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: LED Chip (White LED Chips) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: LED Chip (Other Product Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: LED Chip (Other Product Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: LED Chip (Backlighting) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: LED Chip (Backlighting) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: LED Chip (Illumination) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: LED Chip (Illumination) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: LED Chip (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: LED Chip (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: LED Chip (Signs and Signal) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: LED Chip (Signs and Signal) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: LED Chip (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: LED Chip (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Asia Pacific: LED Chip Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Asia Pacific: LED Chip Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Europe: LED Chip Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Europe: LED Chip Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: North America: LED Chip Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: North America: LED Chip Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Middle East and Africa: LED Chip Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Middle East and Africa: LED Chip Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Latin America: LED Chip Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Latin America: LED Chip Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: LED Chip Manufacturing: Process Flow

List of Tables

Table 1: Global: LED Chip Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: LED Chip Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: LED Chip Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: LED Chip Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: LED Chip: Raw Material Requirements
Table 6: Global: LED Chip Market Structure
Table 7: Global: LED Chip Market: Key Players

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