Pune, India -- (SBWIRE) -- 04/11/2019 -- The High Brightness (HB) LED Market is expected to grow at a noteworthy CAGR of around 4.6% during the period from 2018 to 2026. Some of the major factors behind these projections include the need for advanced equipment and machines benefits such as dimmability, longer life-span, and efficiency. In addition, the demand for HB-LEDs in backlighting, portable appliance, displays, and large screen display applications has increased significantly and is projected to endure during the forecast period.

The research study estimates the global High Brightness (HB) LED market to grow at a significant rate and the market size was over $22 billion in 2017.

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Asia-Pacific is the largest market for High Brightness (HB) LED supported by growth from India and China

Asia-Pacific has contributed the maximum revenue share in 2017 and is expected to uphold its lead in the forecast period. This would be attributed to several factors, for example, LED outdoor lighting installations and the government policies related for the installations are getting support mainly in emerging markets such as India, Russia, Vietnam, Malaysia, Indonesia, and Thailand. Furthermore, improvement in government expenditure in LED orders has enhanced the HB-LED growth in Asian countries, particularly in India.

North America is anticipated to be the fastest growing region during the forecast period. The growing shipments of portable devices and decrease in the cost of LED components are key driver for HB-LED market in the region. Furthermore, expanding demand for brighter and ecofriendly LEDs in commercial applications, automobiles, and displays are some of the key factors that are contributing toward the growth of the market. Several government initiatives across the globe to detain the usage of traditional light bulb and to use LEDs is also a key factor for the increase the demand and sales of high-brightness (HB) LED. Moreover, Central & South America, as well as MEA, are expected to grow on account of the presence of a large aftermarket.

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General Lighting segment to lead the global high brightness (HB) LED market

The application segment is dominated by general lighting segment as there is a change in the consumer preferences from traditional bulbs to advanced HB-LEDs and rise in sales of down lights, replacement lamps, outdoor lights, commercial, and industrial products. However, signals & signage application segment is expected to exhibit fastest growth during the forecast period owing to its ability to produce multiple colors and low power requirements. In addition, long life span of these panels has led to an upsurge the performance of the ultimate product with minimum charge for repair and maintenance. Considering these factors, the consumer electronics segment is projected to grow in the estimated period. Moreover, high penetration of LEDs as well as HB LEDs in the segment coupled with the need for less panels is likely to result in relatively lower growth. Asia-Pacific has contributed the maximum revenue share in 2017 and is expected to uphold its lead in the forecast period. This would be attributed to several factors, such as, LED outdoor lighting installations.

Most of the leading players are now targeting appliance manufacturers and patents to increase their footprint in the domestic as well as in the international market. Some of the leading companies operating in the global high brightness (HB) LED market include Toyoda Gosei, Epistar Corp, Moritex Corporation, Cree, Inc., Samsung Electronics Co Ltd, Osram Opto Semiconductor, Seoul semiconductor, Nichia Corporation, American Bright Optoelectronics Corps, and Philips Lumileds. In addition, the key players operating in high brightness (HB) LED market and identifies the key strategies deployed by them along with the market share of leading players. Certain leading companies such as Samsung have integrated operations where the corporation uses high brightness HB LEDs across a host of products such as laptops, televisions, and mobile phones.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of High Brightness (HB) LED
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. High Brightness (HB) LED Market By Application
1.2.2.1. Global High Brightness (HB) LED Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.2.2. Global High Brightness (HB) LED Market Revenue Share By Application in 2017
1.2.2.3. Automotive
1.2.2.4. General Lighting
1.2.2.5. Consumer Electronics
1.2.2.6. Signals & Signage
1.2.2.7. Others
1.2.3. High Brightness (HB) LED Market by Geography
1.2.3.1. Global High Brightness (HB) LED Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.3.2. North America High Brightness (HB) LED Market Revenue and Growth Rate (2015-2026)
1.2.3.3. Europe High Brightness (HB) LED Market Revenue and Growth Rate (2015-2026)
1.2.3.4. Asia-Pacific High Brightness (HB) LED Market Revenue and Growth Rate (2015-2026)
1.2.3.5. Latin America High Brightness (HB) LED Market Revenue and Growth Rate (2015-2026)
1.2.3.6. Middle East and Africa (MEA) High Brightness (HB) LED Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global High Brightness (HB) LED Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global High Brightness (HB) LED Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global High Brightness (HB) LED Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global High Brightness (HB) LED Major Manufacturers in 2017

CHAPTER 4. HIGH BRIGHTNESS (HB) LED MARKET BY APPLICATION

4.1. Global High Brightness (HB) LED Revenue By Application
4.2. Automotive
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. General Lighting
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Consumer Electronics
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Signals & Signage
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Others
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. HIGH BRIGHTNESS (HB) LED MARKET BY APPLICATION

5.1. Global High Brightness (HB) LED Revenue By Application
5.2. Cashmere Clothing
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Cashmere Accessory
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Cashmere Home Textiles
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA HIGH BRIGHTNESS (HB) LED MARKET BY COUNTRY

6.1. North America High Brightness (HB) LED Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America High Brightness (HB) LED Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. High Brightness (HB) LED Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE HIGH BRIGHTNESS (HB) LED MARKET BY COUNTRY

7.1. Europe High Brightness (HB) LED Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe High Brightness (HB) LED Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC HIGH BRIGHTNESS (HB) LED MARKET BY COUNTRY

8.1. Asia-Pacific High Brightness (HB) LED Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific High Brightness (HB) LED Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA HIGH BRIGHTNESS (HB) LED MARKET BY COUNTRY

9.1. Latin America High Brightness (HB) LED Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America High Brightness (HB) LED Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST HIGH BRIGHTNESS (HB) LED MARKET BY COUNTRY

10.1. Middle East High Brightness (HB) LED Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East High Brightness (HB) LED Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. AFRICA HIGH BRIGHTNESS (HB) LED MARKET BY COUNTRY

11.1. Africa High Brightness (HB) LED Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa High Brightness (HB) LED Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Toyoda Gosei
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Epistar Corp
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Moritex Corporation
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Cree, Inc.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Samsung Electronics Co Ltd
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Osram Opto Semiconductor
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Seoul semiconductor
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Nichia Corporation
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. American Bright Optoelectronics Corps
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Philips Lumileds
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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