Global Light-emitting Diode (LED) Market 2017-2021

Global Light-emitting Diode (LED) Market 2017-2021

  • August 2017 •
  • 81 pages •
  • Report ID: 4886901
About Light-emitting Diode (LED)

LEDs are integral components of semiconductor devices and emit light by means of electro-luminescence. LED lighting products are bundled arrangements of LEDs that provide durable, affordable, and eco-friendly lighting systems. These products do not emit carbon dioxide, making them eco-friendly. Compared with incandescent bulbs, they consume 80% less energy, making them increasingly energy-efficient and affordable for consumers.

Technavio’s analysts forecast the global light-emitting diode (LED) market to grow at a CAGR of 18.46% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global light-emitting diode (LED) market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas

Technavio’s report, Global Light-emitting Diode (LED) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Cree
• GE Lighting
• LG Innotek
• Philips Lighting
• Samsung Electronics

Other prominent vendors
• Dialight
• Eaton
• Emerson
• Everlight Electronics
• Lite-On
• MLS (Forest Lighting)
• Seoul Semiconductor

Market driver
• Favorable policy environment and governmental support
• For a full, detailed list, view our report

Market challenge
• Lack of standardization
• For a full, detailed list, view our report

Market trend
• Increase in urban population worldwide
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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