Increased use of LED lights owing to their multiple benefits drives the LED market. LED lights are preferred over incandescent and compact fluorescent lamps (CFLs) as they provide improved efficiency. LEDs consume less than 75% of energy when compared to other bulbs. They exhibit longer life span, which is more than 50,000 hours in comparison to 1,500 hours of incandescent bulbs and 8,000 hours of CFLs. LEDs are also known as green lighting signals, as they have energy-efficient features. Countries such as China, India, and Japan have started multiple promotional campaigns to make LEDs available at subsidized rates to the domestic markets. The governments of these countries are also providing lands at a lower price to the foreign investors to set up LED factories.
Radiant Insights analysts forecast the global LED phosphor market to grow at a CAGR of 19.73% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global LED phosphor 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.
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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Global LED Phosphor 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
• GE Lighting
• Lumileds
• OSRAM
• Cree
• Seoul Semiconductor
• Nichia
Other prominent vendors
• Broadcom
• Bridgelux
• CITIZEN ELECTRONICS
• Dialight
• Epistar
• EVERLIGHT ELECTRONICS
• Edison Opto
• Intematix
• NationStar
• Stanley Electric
• Toshiba Lighting and Technology
Market driver
• Upcoming major events and infrastructure projects.
• For a full, detailed list, view our report
Market challenge
• Increasing use of quantum dot technology.
• For a full, detailed list, view our report
Market trend
• Adoption of energy efficiency certification program.
• For a full, detailed list, view our report
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Key questions answered in this report
• What will the market size be in 2021 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
See More Reports of This Category by Radiant Insights: http://www.radiantinsights.com/catalog/semiconductors
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