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(India.CityRegions.Com, August 13, 2018 ) Global LED Module Market Forecast to 2023
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.
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Companies Profiled in this report includes: Osram, Philips Lighting, Cree, GE Lighting, Seoul Semiconductor, Panasonic, Nichia, JF, Acuity Brands, Samsung, LG Innotek, Eaton, Toshiba, Toyoda Gosei, Opple, Yankon, Edison Opto Corporation
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.
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.
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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 2023, from 4670 million US$ in 2017.
Table of Content:
1 Market Overview
2 Manufacturers Profiles
2.1 Osram
2.1.1 Business Overview
2.1.1.1 Osram Description
2.1.1.2 Osram Headquarter, Main Business and Finance Overview
2.1.2 Osram LED Module Product Introduction
2.1.2.1 LED Module Production Bases, Sales Regions and Major Competitors
2.1.2.2 LED Module Product Information
2.1.3 Osram LED Module Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.1.3.1 Osram LED Module Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.1.3.2 Global Osram LED Module Market Share in 2017
2.2 Philips Lighting
2.2.1 Business Overview
2.2.1.1 Philips Lighting Description
2.2.1.2 Philips Lighting Headquarter, Main Business and Finance Overview
2.2.2 Philips Lighting LED Module Product Introduction
2.2.2.1 LED Module Production Bases, Sales Regions and Major Competitors
2.2.2.2 LED Module Product Information
2.2.3 Philips Lighting LED Module Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2.3.1 Philips Lighting LED Module Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2.3.2 Global Philips Lighting LED Module Market Share in 2017
2.3 Cree
2.3.1 Business Overview
2.3.1.1 Cree Description
2.3.1.2 Cree Headquarter, Main Business and Finance Overview
2.3.2 Cree LED Module Product Introduction
2.3.2.1 LED Module Production Bases, Sales Regions and Major Competitors
2.3.2.2 LED Module Product Information
2.3.3 Cree LED Module Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3.3.1 Cree LED Module Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3.3.2 Global Cree LED Module Market Share in 2017
3 Global LED Module Market Competition, by Manufacturer
4 Global LED Module Market Analysis by Regions
5 North America LED Module by Countries, Type, Application and Manufacturers
6 Europe LED Module by Countries, Type, Application and Manufacturers
7 Asia-Pacific LED Module by Countries, Type, Application and Manufacturers
8 South America LED Module by Countries, Type, Application and Manufacturers
9 Middle East and Africa LED Module by Countries, Type, Application and Manufacturers
10 Global LED Module Market Segment by Type
11 Global LED Module Market Segment by Application
12 LED Module Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
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