Uploaded on Feb 16, 2021
High Brightness (HB) LED Market
High Brightness (HB) LED Market
Adroit Market Research
High Brightness (HB) LED
Market
by Solutions (Core HR, Talent Management, Workforce Management, Payroll
& Compensation, Others), Services (Integration & Implementation, Support
& Maintenance, Consulting), Organization Size (Small & Medium, Large),
Application (BFSI, Retail, Manufacturing, IT & Telecom, Healthcare,
Transportation & Logistics, Travel & Hospitality, Others), and by Region,
Global Forecast 2018 to 2025
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Adroit Market Research
High Brightness (HB) LED Market Size and Share
2025
• Adroit Market Research launched a study titled, “Global High Brightness (HB) LED Market Size 2017 by Application
(Automotive, General Lighting, Consumer Electronics and Signals & Signage), by Region and Forecast 2018 to 2025”. The
study covers the global high brightness (HB) LED market revenue from 2015 to 2025, where 2015 to 2017 indicate the
actual annual revenue and 2018 to 2025 represent the forecast revenue. The global high brightness (HB) LED market
report also includes qualitative insights of the market such as opportunities, drivers, restraints and value chain analysis.
The global high brightness (HB) LED market 2018 gives a complete view including consumption, import and export for key
regions and countries.
• The global high brightness (HB) LED market value is anticipated to reach USD 29.44 billion in 2025 owing to growing
number of LED applications in various sectors such as automobile, consumer electronics, manufacturing, advertising and
others. Additionally, technological advancements in LED technology have led to a substantial decrease in the costs which,
in turn will have a positive impact on the overall high brightness (HB) LED market.
• High brightness (HB) LEDs are power & cost efficient, robust and have more lifespan than other lighting types. They save
up to 50% to 70% of energy over traditional technologies and have almost negligible maintenance costs thus, driving the
interests of many industries especially, heat sensitive applications such as food illumination and textile.
+1 (214) 884-6068 [email protected] www.adroitmarketresearch.com
Adroit Market Research
High Brightness (HB) LED Market Size and Share
2025
• The global high brightness (HB) LED market is further bifurcated on the basis of its application into: automotive, general
lighting, consumer electronics and signals & signage market segments. Among these, the general lighting segment is
expected to grow with the highest CAGR of 8.1% in the forecast period of 2018 to 2025. Growing demand of HB-LED for
general lighting purposes such as in the malls, households, and hospitals will propel the growth of general lighting segment
within the high brightness (HB) LED market. However, in 2017, consumer electronics had the highest market share and is
expected to dominate the high brightness (HB) LED market in the forecast period owing to its vast applications in
smartphones, tablets, television and other consumer electronic devices.
• Based on the geography, the high brightness (HB) LED market is divided into four regions: Asia-Pacific, Europe, North
America and Latin America & Middle-East Africa. Asia-Pacific region dominated the market in 2017 and will continue to do
so in the forecast period owing to the large LED production in the countries of China, Japan and South Korea coupled with
large consumer base in the region. North America region is anticipated to grow with the highest growth rate in the forecast
period due to growing awareness of energy conservation among the consumers and government initiatives with regard to
the usage of LEDs. Europe region is also witnessing a boom in demand for LED owing to the government initiatives and
increasing usage of ultra-modern lighting in various industries, hence, driving the global high brightness (HB) LED market.
• American Bright Optoelectronics Corps, Cree, Inc., Philips Lumileds, Moritex Corporation, Samsung Electronics Co Ltd, Osram
Opto Semiconductor, Epistar Corp, Nichia Corporation, Toyoda Gosei, Seoul semiconductor and others are the leading
players present within the global high brightness (HB) LED market. Manufacturers have started targeting major industry
players, brands as well as patents, for reinforcing overseas distribution channels.
+1 (214) 884-6068 [email protected] www.adroitmarketresearch.com
Adroit Market Research
High Brightness (HB) LED Market Size and Share
2025
• Application Overview, 2015-2025 (USD million)
• Automotive
• General Lighting
• Consumer Electronics
• Signals and Signage
• Regional Overview, 2015-2025 (USD million)
• North America
• Europe
• Asia Pacific
• Latin America & Middle-East Africa (LAMEA)
+1 (214) 884-6068 [email protected] www.adroitmarketresearch.com
Adroit Market Research
About Us
Adroit Market Research is an India-based business analytics and consulting company. Our
target audience is a wide range of corporations, manufacturing companies, product/technology
development institutions and industry associations that require understanding of a market’s
size, key trends, participants and future outlook of an industry. We intend to become our
clients’ knowledge partner and provide them with valuable market insights to help create
opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At
our core, we are curious people who love to identify and understand industry patterns, create
an insightful study around our findings and churn out money-making roadmaps. Our analysts
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals,
semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and
machinery & equipment sectors across the world to identify new opportunities, potential
customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for
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