Global LED Module Market Growth (Status and Outlook) 2023-2029

A light emitting diode (LED) module is a self-contained LED device designed either to function on its own or to plug into a compatible unit. LED modules are commonly used to create energy-efficient or portable lighting. When powered on, these modules emit bright light from a small bulb. LED module devices include LED book lights, night lights, outdoor lighting, LED headlamps, and LED flashlights, as well as the multiple LED bulb units used in LED lighting fixtures. These units usually have at least one LED bulb contained in a fixture that either powers the LED lights or plugs into a device that powers the LED module. Note: Part LED module enterprises products are not only for their own use, but also sell LED module to downstream consumers, even provide OEM. So, the size of an enterprise includes the amount of sales and self-produced and self-used.

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

This Insight Report provides a comprehensive analysis of the global LED Module 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 LED Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LED Module market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Module 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 LED Module.

The global LED Module market size is projected to grow from US$ 5491.9 million in 2022 to US$ 7663.8 million in 2029; it is expected to grow at a CAGR of 4.9% from 2023 to 2029.

Global LED Module key players include Osram, Philips Lighting, Cree, GE Lighting, Seoul Semiconductor, etc. Global top five manufacturers hold a share about 30%. China is the largest market, with a share about 30%, followed by Europe, with a share about 20 percent. In terms of application, the largest application is General Lighting, followed by Backlighting, and Automotive Lighting.

This report presents a comprehensive overview, market shares, and growth opportunities of LED Module market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    High Voltage LED Driver Module
    Low Voltage LED Driver Module
    Medium Voltag LED Driver Module

Segmentation by application
    General Lighting
    Automotive Lighting
    Backlighting

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.
    Osram
    Philips Lighting
    Cree
    GE Lighting
    Seoul Semiconductor
    Panasonic
    Nichia
    JF
    Acuity Brands
    Samsung
    LG Innotek
    Eaton
    Toshiba
    Toyoda Gosei
    Opple
    Yankon
    Edison Opto

List of Tables
    Table 1. LED Module Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of High Voltage LED Driver Module
    Table 3. Major Players of Low Voltage LED Driver Module
    Table 4. Major Players of Medium Voltag LED Driver Module
    Table 5. LED Module Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 6. Global LED Module Market Size by Type (2018-2023) & ($ Millions)
    Table 7. Global LED Module Market Size Market Share by Type (2018-2023)
    Table 8. LED Module Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 9. Global LED Module Market Size by Application (2018-2023) & ($ Millions)
    Table 10. Global LED Module Market Size Market Share by Application (2018-2023)
    Table 11. Global LED Module Revenue by Players (2018-2023) & ($ Millions)
    Table 12. Global LED Module Revenue Market Share by Player (2018-2023)
    Table 13. LED Module Key Players Head office and Products Offered
    Table 14. LED Module Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 15. New Products and Potential Entrants
    Table 16. Mergers & Acquisitions, Expansion
    Table 17. Global LED Module Market Size by Regions 2018-2023 & ($ Millions)
    Table 18. Global LED Module Market Size Market Share by Regions (2018-2023)
    Table 19. Global LED Module Revenue by Country/Region (2018-2023) & ($ millions)
    Table 20. Global LED Module Revenue Market Share by Country/Region (2018-2023)
    Table 21. Americas LED Module Market Size by Country (2018-2023) & ($ Millions)
    Table 22. Americas LED Module Market Size Market Share by Country (2018-2023)
    Table 23. Americas LED Module Market Size by Type (2018-2023) & ($ Millions)
    Table 24. Americas LED Module Market Size Market Share by Type (2018-2023)
    Table 25. Americas LED Module Market Size by Application (2018-2023) & ($ Millions)
    Table 26. Americas LED Module Market Size Market Share by Application (2018-2023)
    Table 27. APAC LED Module Market Size by Region (2018-2023) & ($ Millions)
    Table 28. APAC LED Module Market Size Market Share by Region (2018-2023)
    Table 29. APAC LED Module Market Size by Type (2018-2023) & ($ Millions)
    Table 30. APAC LED Module Market Size Market Share by Type (2018-2023)
    Table 31. APAC LED Module Market Size by Application (2018-2023) & ($ Millions)
    Table 32. APAC LED Module Market Size Market Share by Application (2018-2023)
    Table 33. Europe LED Module Market Size by Country (2018-2023) & ($ Millions)
    Table 34. Europe LED Module Market Size Market Share by Country (2018-2023)
    Table 35. Europe LED Module Market Size by Type (2018-2023) & ($ Millions)
    Table 36. Europe LED Module Market Size Market Share by Type (2018-2023)
    Table 37. Europe LED Module Market Size by Application (2018-2023) & ($ Millions)
    Table 38. Europe LED Module Market Size Market Share by Application (2018-2023)
    Table 39. Middle East & Africa LED Module Market Size by Region (2018-2023) & ($ Millions)
    Table 40. Middle East & Africa LED Module Market Size Market Share by Region (2018-2023)
    Table 41. Middle East & Africa LED Module Market Size by Type (2018-2023) & ($ Millions)
    Table 42. Middle East & Africa LED Module Market Size Market Share by Type (2018-2023)
    Table 43. Middle East & Africa LED Module Market Size by Application (2018-2023) & ($ Millions)
    Table 44. Middle East & Africa LED Module Market Size Market Share by Application (2018-2023)
    Table 45. Key Market Drivers & Growth Opportunities of LED Module
    Table 46. Key Market Challenges & Risks of LED Module
    Table 47. Key Industry Trends of LED Module
    Table 48. Global LED Module Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 49. Global LED Module Market Size Market Share Forecast by Regions (2024-2029)
    Table 50. Global LED Module Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 51. Global LED Module Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 52. Osram Details, Company Type, LED Module Area Served and Its Competitors
    Table 53. Osram LED Module Product Offered
    Table 54. Osram LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 55. Osram Main Business
    Table 56. Osram Latest Developments
    Table 57. Philips Lighting Details, Company Type, LED Module Area Served and Its Competitors
    Table 58. Philips Lighting LED Module Product Offered
    Table 59. Philips Lighting Main Business
    Table 60. Philips Lighting LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 61. Philips Lighting Latest Developments
    Table 62. Cree Details, Company Type, LED Module Area Served and Its Competitors
    Table 63. Cree LED Module Product Offered
    Table 64. Cree Main Business
    Table 65. Cree LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 66. Cree Latest Developments
    Table 67. GE Lighting Details, Company Type, LED Module Area Served and Its Competitors
    Table 68. GE Lighting LED Module Product Offered
    Table 69. GE Lighting Main Business
    Table 70. GE Lighting LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 71. GE Lighting Latest Developments
    Table 72. Seoul Semiconductor Details, Company Type, LED Module Area Served and Its Competitors
    Table 73. Seoul Semiconductor LED Module Product Offered
    Table 74. Seoul Semiconductor Main Business
    Table 75. Seoul Semiconductor LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 76. Seoul Semiconductor Latest Developments
    Table 77. Panasonic Details, Company Type, LED Module Area Served and Its Competitors
    Table 78. Panasonic LED Module Product Offered
    Table 79. Panasonic Main Business
    Table 80. Panasonic LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 81. Panasonic Latest Developments
    Table 82. Nichia Details, Company Type, LED Module Area Served and Its Competitors
    Table 83. Nichia LED Module Product Offered
    Table 84. Nichia Main Business
    Table 85. Nichia LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 86. Nichia Latest Developments
    Table 87. JF Details, Company Type, LED Module Area Served and Its Competitors
    Table 88. JF LED Module Product Offered
    Table 89. JF Main Business
    Table 90. JF LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 91. JF Latest Developments
    Table 92. Acuity Brands Details, Company Type, LED Module Area Served and Its Competitors
    Table 93. Acuity Brands LED Module Product Offered
    Table 94. Acuity Brands Main Business
    Table 95. Acuity Brands LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 96. Acuity Brands Latest Developments
    Table 97. Samsung Details, Company Type, LED Module Area Served and Its Competitors
    Table 98. Samsung LED Module Product Offered
    Table 99. Samsung Main Business
    Table 100. Samsung LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 101. Samsung Latest Developments
    Table 102. LG Innotek Details, Company Type, LED Module Area Served and Its Competitors
    Table 103. LG Innotek LED Module Product Offered
    Table 104. LG Innotek LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 105. LG Innotek Main Business
    Table 106. LG Innotek Latest Developments
    Table 107. Eaton Details, Company Type, LED Module Area Served and Its Competitors
    Table 108. Eaton LED Module Product Offered
    Table 109. Eaton Main Business
    Table 110. Eaton LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 111. Eaton Latest Developments
    Table 112. Toshiba Details, Company Type, LED Module Area Served and Its Competitors
    Table 113. Toshiba LED Module Product Offered
    Table 114. Toshiba Main Business
    Table 115. Toshiba LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 116. Toshiba Latest Developments
    Table 117. Toyoda Gosei Details, Company Type, LED Module Area Served and Its Competitors
    Table 118. Toyoda Gosei LED Module Product Offered
    Table 119. Toyoda Gosei Main Business
    Table 120. Toyoda Gosei LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 121. Toyoda Gosei Latest Developments
    Table 122. Opple Details, Company Type, LED Module Area Served and Its Competitors
    Table 123. Opple LED Module Product Offered
    Table 124. Opple Main Business
    Table 125. Opple LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 126. Opple Latest Developments
    Table 127. Yankon Details, Company Type, LED Module Area Served and Its Competitors
    Table 128. Yankon LED Module Product Offered
    Table 129. Yankon Main Business
    Table 130. Yankon LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 131. Yankon Latest Developments
    Table 132. Edison Opto Details, Company Type, LED Module Area Served and Its Competitors
    Table 133. Edison Opto LED Module Product Offered
    Table 134. Edison Opto Main Business
    Table 135. Edison Opto LED Module Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 136. Edison Opto Latest Developments
List of Figures
    Figure 1. LED Module Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global LED Module Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. LED Module Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. LED Module Sales Market Share by Country/Region (2022)
    Figure 8. LED Module Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global LED Module Market Size Market Share by Type in 2022
    Figure 10. LED Module in General Lighting
    Figure 11. Global LED Module Market: General Lighting (2018-2023) & ($ Millions)
    Figure 12. LED Module in Automotive Lighting
    Figure 13. Global LED Module Market: Automotive Lighting (2018-2023) & ($ Millions)
    Figure 14. LED Module in Backlighting
    Figure 15. Global LED Module Market: Backlighting (2018-2023) & ($ Millions)
    Figure 16. Global LED Module Market Size Market Share by Application in 2022
    Figure 17. Global LED Module Revenue Market Share by Player in 2022
    Figure 18. Global LED Module Market Size Market Share by Regions (2018-2023)
    Figure 19. Americas LED Module Market Size 2018-2023 ($ Millions)
    Figure 20. APAC LED Module Market Size 2018-2023 ($ Millions)
    Figure 21. Europe LED Module Market Size 2018-2023 ($ Millions)
    Figure 22. Middle East & Africa LED Module Market Size 2018-2023 ($ Millions)
    Figure 23. Americas LED Module Value Market Share by Country in 2022
    Figure 24. United States LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 25. Canada LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 26. Mexico LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 27. Brazil LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 28. APAC LED Module Market Size Market Share by Region in 2022
    Figure 29. APAC LED Module Market Size Market Share by Type in 2022
    Figure 30. APAC LED Module Market Size Market Share by Application in 2022
    Figure 31. China LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 32. Japan LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 33. Korea LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Southeast Asia LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 35. India LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 36. Australia LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 37. Europe LED Module Market Size Market Share by Country in 2022
    Figure 38. Europe LED Module Market Size Market Share by Type (2018-2023)
    Figure 39. Europe LED Module Market Size Market Share by Application (2018-2023)
    Figure 40. Germany LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 41. France LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 42. UK LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 43. Italy LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 44. Russia LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 45. Middle East & Africa LED Module Market Size Market Share by Region (2018-2023)
    Figure 46. Middle East & Africa LED Module Market Size Market Share by Type (2018-2023)
    Figure 47. Middle East & Africa LED Module Market Size Market Share by Application (2018-2023)
    Figure 48. Egypt LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 49. South Africa LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 50. Israel LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 51. Turkey LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 52. GCC Country LED Module Market Size Growth 2018-2023 ($ Millions)
    Figure 53. Americas LED Module Market Size 2024-2029 ($ Millions)
    Figure 54. APAC LED Module Market Size 2024-2029 ($ Millions)
    Figure 55. Europe LED Module Market Size 2024-2029 ($ Millions)
    Figure 56. Middle East & Africa LED Module Market Size 2024-2029 ($ Millions)
    Figure 57. United States LED Module Market Size 2024-2029 ($ Millions)
    Figure 58. Canada LED Module Market Size 2024-2029 ($ Millions)
    Figure 59. Mexico LED Module Market Size 2024-2029 ($ Millions)
    Figure 60. Brazil LED Module Market Size 2024-2029 ($ Millions)
    Figure 61. China LED Module Market Size 2024-2029 ($ Millions)
    Figure 62. Japan LED Module Market Size 2024-2029 ($ Millions)
    Figure 63. Korea LED Module Market Size 2024-2029 ($ Millions)
    Figure 64. Southeast Asia LED Module Market Size 2024-2029 ($ Millions)
    Figure 65. India LED Module Market Size 2024-2029 ($ Millions)
    Figure 66. Australia LED Module Market Size 2024-2029 ($ Millions)
    Figure 67. Germany LED Module Market Size 2024-2029 ($ Millions)
    Figure 68. France LED Module Market Size 2024-2029 ($ Millions)
    Figure 69. UK LED Module Market Size 2024-2029 ($ Millions)
    Figure 70. Italy LED Module Market Size 2024-2029 ($ Millions)
    Figure 71. Russia LED Module Market Size 2024-2029 ($ Millions)
    Figure 72. Spain LED Module Market Size 2024-2029 ($ Millions)
    Figure 73. Egypt LED Module Market Size 2024-2029 ($ Millions)
    Figure 74. South Africa LED Module Market Size 2024-2029 ($ Millions)
    Figure 75. Israel LED Module Market Size 2024-2029 ($ Millions)
    Figure 76. Turkey LED Module Market Size 2024-2029 ($ Millions)
    Figure 77. GCC Countries LED Module Market Size 2024-2029 ($ Millions)
    Figure 78. Global LED Module Market Size Market Share Forecast by Type (2024-2029)
    Figure 79. Global LED Module Market Size Market Share Forecast by Application (2024-2029)

Osram
Philips Lighting
Cree
GE Lighting
Seoul Semiconductor
Panasonic
Nichia
JF
Acuity Brands
Samsung
LG Innotek
Eaton
Toshiba
Toyoda Gosei
Opple
Yankon
Edison Opto

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape