This LED Module market report presents a comprehensive overview, market shares, and growth opportunities of LED Module industry by product type, application, key manufacturers and key regions and countries. . LED Module market research report likewise canters on to potential chances of market, showcase patterns, benchmarking of products and vital examination. In a word, this report will help you with setting up new business trends in LED Module Market. LED Module market research report 2015-2024 report portrays definition, an investigation of significant improvements in the market, profound aggressive examination and budgetary investigation
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the LED Module market. The key manufacturers covered in this report:
Edison Opto Corporation
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About LED Module Industry
Osram, Philips Lighting and Cree captured the top three production value share spots in the LED Module market in 2016. Osram dominated with 10.28% production value share, followed by Philips Lighting with 7.24% production value share and Cree with 6.49% production value share.
General Lighting is the largest lighting market, with total market revenues of approximately $ 4271.72 million in 2015, representing close to 82.35% of LED modules application market.
Over the last decade, the Chinese government largely supported the local LED industry through massive financial subsidies, incentives, and resources to improve domestic LED companies manufacturing capacity. China has become the world’s largest LED lighting manufacturing base, but local manufacturers are still very dependent on international manufacturers for certain upstream MOCVD equipment and materials. Hence, future Chinese policies will encourage innovation, and focus on upstream raw materials, for example wide bandgap semiconductor development, or smart lighting applications following the emergence of the Internet of Things (IoT).
LED backlight market demands fell short of expectations, which caused sliding ASP of LED chips and LED package. Previously, only a few manufacturers highlighted their flip chip LEDs as a major product, due to low yield rates, production costs and other technology challenges. However, starting in 2014, more Taiwanese and Korean manufacturers started to invest in flip chip LED technology R&D, which improved the product quality and made financial benefits more evident. The automotive lighting market is growing steadily.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Despite the presence of competition problems, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.
The worldwide market for LED Module is expected to grow at a CAGR of roughly 4.8% over the next five years, will reach 6170 million US$ in 2024, from 4670 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the LED Module in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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LED Module Market Segment by Applications, can be divided into
LED Module Market Segment by Type, covers
High Voltage LED Driver Module
Low Voltage LED Driver Module
Medium Voltag LED Driver Module
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The scope of LED Module Market report:
— Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
— Industry chain analysis, raw material and end users information
— Global key players’ information including SWOT analysis, company’s financial figures, and LED Module figures of each company are covered.
— Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
— Based year in this report is 2019; the historical data is from 2015 to 2018 and forecast year is from 2020 to 2024.
Key Benefits of having LED Module Market Report
• This report will help to develop Business Strategies by understanding the trends shaping and driving LED Module market
• Organize sales and marketing efforts by identifying the best opportunities for LED Module market
• To understand the future market competition in the LED Module market.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Single User License Price: USD 3480
No Of Pages: 138
Analysis & Forecast Time Period: 2015-2024
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