MarketResearchNest.com
adds “Global LED Chip and Module Market
Growth 2019-2024”new report to its research database.
Epi/chip. Epitaxy refers to the process of evolving a wafer
(sapphire or SiC, for instance) by depositing epitaxial layers on the wafer
using MOCVD. Creating the epitaxial layers is the most critical and
capital-intensive step in LED manufacturing. After additional wafer processing
to create the metal connection, the wafer is cut up ("diced") into
chips. Although it can be used for different applications, the quality
requirements (mainly efficacy) of the epi/chip differ by application.
LED backlight market demands fell short of expectations,
which caused sliding ASP of LED chips and LED package. This trend has been markedly
observed during second half of 2015, when LED chip and package prices sharply
plunged to the point that some LED chip and package spec prices are now close
to material costs. Many manufacturers have incurred losses as a result. Even
though manufacturers in the LED industry are being pressured to lower prices in
the short term, in the long run there will be limited room for further LED
price cuts. This can be explained by the growing number of manufacturers
withdrawing from the market in the near future, as LED prices is close to
manufacturing costs and reduce companies' profitability.
Chinese LED companies listed on the A stock have been
acquiring international manufacturers through issuing shares on the market, or
after receiving government financial support. Some Chinese manufacturers are
targeting major international LED players' patents and lighting brands, in
hopes of strengthening their patent portfolio and oversea distribution
channels. Additionally, more ChineseLED manufacturers are also transforming
their business models. Some LED manufacturers aiming to leave behind hotly
contended red sea markets are entering other market sectors through mergers and
acquisitions.
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According to this study, over the next five years the LED
Chip and Module market will register a 5.1% CAGR in terms of revenue, the
global market size will reach US$ 48600 million by 2024, from US$ 36100 million
in 2019. In particular, this report presents the global market share (sales and
revenue) of key companies in LED Chip and Module business, shared in Chapter 3.
This report presents a comprehensive overview, market
shares, and growth opportunities of LED Chip and Module market by product type,
application, key manufacturers and key regions and countries.
This study considers
the LED Chip and Module value generated from the sales of the following
segments:
Segmentation by
product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to
2024 in section 11.7.
·
Lateral
Chip
·
Vertical
Chip
·
Flip Chip
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 11.8.
·
General
Lighting
·
Automotive
Lighting
·
Backlighting
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,
China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France,
UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel,
Turkey, GCC Countries
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The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
·
Epistar
·
San'an Opto
·
Cree
·
OSRAM
·
Samsung
·
Toyoda Gosei
·
Seoul Semiconductor
·
Philips Lumileds
·
ETI
·
LG Innotek
·
NiChia
·
HC SemiTek
·
Lextar
·
Lattice Power
·
OPTO-TECH
·
Tyntek
·
Genesis Photonics
·
Formosa Epitaxy
·
Changelight
·
Aucksun
·
TongFang
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.
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Research objectives
·
To study and analyze the global LED Chip and
Module consumption (value and volume) by key regions/countries, product type
and application, history data from 2014 to 2018, and forecast to 2024.
·
To understand the structure of LED Chip and
Module market by identifying its various subsegments.
·
Focuses on the key global LED Chip and Module
manufacturers, to define, describe and analyze the sales volume, value, market
share, market competition landscape, SWOT analysis and development plans in
next few years.
·
To analyze the LED Chip and Module with respect
to individual growth trends, future prospects, and their contribution to the
total market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the consumption of LED Chip and
Module submarkets, with respect to key regions (along with their respective key
countries).
·
To analyze competitive developments such as
expansions, agreements, new product launches, and acquisitions in the market.
·
To strategically profile the key players and
comprehensively analyze their growth strategies.
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