Global High-brightness LED Market Growth 2023-2029

Global High-brightness LED Market Growth 2023-2029

Product Code:457048

Published Date: Feb 08,2023

Pages: 100

Region: Global

Category: Medical Devices & Consumables

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One HBLED definition is that it is a light emitting diode that produces over 50 lumens (1 candela = 12.75 lumens). High-Brightness LEDs are any of a new generation of LEDs bright enough for illumination applications such as automotive interior, exterior, and display; room and architectural illumination; task and general lighting; projection display; display backlights; and signage.

LPI (LP Information)' newest research report, the “High-brightness LED Industry Forecast” looks at past sales and reviews total world High-brightness LED sales in 2022, providing a comprehensive analysis by region and market sector of projected High-brightness LED sales for 2023 through 2029. With High-brightness LED sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High-brightness LED industry.

This Insight Report provides a comprehensive analysis of the global High-brightness LED landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High-brightness LED portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High-brightness LED market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High-brightness LED and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High-brightness LED.

The global High-brightness LED market size is projected to grow from US$ 16870 million in 2022 to US$ 22430 million in 2029; it is expected to grow at a CAGR of 22430 from 2023 to 2029.

The major players in global Indica (High-brightness LED) market include Nichia Corporation, Osram Opto Semiconductor, Lumileds, etc. The top 3 players occupy about 30% shares of the global market.

This report presents a comprehensive overview, market shares, and growth opportunities of High-brightness LED market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    High-Density Multiplexed Diagnostic Assays
    Very High-Density Multiplexed Diagnostic Assays

Segmentation by application
    Clinical Diagnostic Laboratories
    Hospitals and Clinics

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Nichia Corporation
    Osram Opto Semiconductor
    Lumileds
    Seoul semiconductor
    Cree, Inc.
    Samsung Electronics Co Ltd
    Toyoda Gosei
    LG Innoteck
    Everlight
    MLS CO.,LTD

Key Questions Addressed in this Report
What is the 10-year outlook for the global High-brightness LED market?
What factors are driving High-brightness LED market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High-brightness LED market opportunities vary by end market size?
How does High-brightness LED break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?