The report on the global LED market provides qualitative and quantitative analysis for the period from 2016 to 2024. The report predicts the global LED market to grow with a CAGR of 15.7% over the forecast period from 2018-2024. The study on LED market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Row for the period of 2016 to 2024.
The report on LED market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global LED market over the period of 2016 to 2024. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global LED market over the period of 2016 to 2024. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings
1) Drivers

  • Declining LED Prices Coupled with Favorable Government Initiatives
  • Shift From Conventional to Green Lighting
  • More Energy Efficient Than Other Bulbs


2) Restraints

  • Levy of GST on LED Lights


3) Opportunities

  • Expansion in Infrastructure Development
  • Technologies Such as Li-Fi for Indoor Positioning



Research methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global LED market is segmented on the basis of types, application, and end-users.

The Global LED market by Types

  • Visible LED
  • Infrared LED


The Global LED market by Application

  • Indicator Lights
  • LCD Panel Backlighting
  • Fibre Optic Data Transmission
  • Remote Control
  • Optoisolators


The Global LED market by End-users

  • Consumer Electronics
  • Automotive
  • Lighting



Company Profiles
The companies covered in the report include

  • Panasonic
  • LG
  • Samsung
  • Philips
  • Toshiba Corp
  • Cooper Industries Plc.
  • Cree Corporation
  • Osram Opto
  • Dialight Plc
  • Digital Lumens Inc



What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the LED market.
2. Complete coverage of all the segments in the LED market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in the global LED market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.