Global LED Market 2016-2020 - Market to grow at a CAGR of 15% - Research and Markets

Research and Markets has announced the addition of the "Global LED Market 2016-2020" report to their offering.

The Global LED Market to grow at a CAGR of 15% during the period 2016-2020.

Covered in this report

Global LED Market 2016-2020, 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. The market size is calculated on the basis of revenue generated from four segments: general lighting, backlighting, automotive lighting, and others.

A major trend contributing to market growth is the reduction in price of LED components. A fall in the demand for LED products for backlighting has led to a decline in the average selling price of LED chips and LED packages. In the second half of 2015, the prices for these products declined and came close to material costs. This resulted in many manufacturers incurring losses. In the short term, manufacturers are compelled to lower LED prices.

According to the report, a key growth driver in the LED market is the need for lower electricity consumption. LEDs use at least 75% less energy and last 25 times longer than incandescent bulbs. With growing awareness of the need for green technology, manufacturers have started focusing on energy-efficient and eco-friendly lights.

Further, the report states that one challenge that could restrict market growth is the introduction of flip chip LEDs.

Key vendors

- Cree

- GE Lighting

- LG Innotek

- Lumileds

- Nichia

- OSRAM

- Samsung Electronics

- Seoul Semiconductor

Other prominent vendors

- Dialight

- Eaton

- Emerson Electric

- Everlight Electronics

- Lite-On

- MLS Electronics

- Toshiba Lighting and Technology

- Toyoda Gosei

Key Topics Covered:

PART 01: Executive summary

- Highlights

PART 02: Scope of the report

- Definition

- Scope

- Base year

- Geographical segmentation

- Common currency conversion rates

- Top vendor offerings

PART 03: Market research methodology

- Research methodology

- Economic indicators

PART 04: Introduction

- Key market highlights

PART 05: Industry overview

PART 06: Technology landscape

- Comparison between bulb types

- Cost benefit analysis for LED and incandescent bulbs

PART 07: Market landscape

- Market size and forecast

- Five forces analysis

PART 08: Market segmentation by application

- Global LED market by application

- Market size and forecast

- LED market in general lighting segment

- LED market in automotive lighting segment

- LED market in backlighting segment

- LED market in others segment

PART 09: Geographical segmentation

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape

- Competitive scenario

- Other prominent vendors

PART 16: Appendix

For more information visit http://www.researchandmarkets.com/research/7ntb94/global_led_market

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