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LED Components Market in Japan to Grow at a CAGR of 9.3% During the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “LED Components Market in Japan 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 07/23/2015 -- Report forecast the LED components market in Japan to grow at a CAGR of 9.3% during the period 2014-2019.

An LED is a semiconductor light source used for general lighting, backlighting, and automotive lighting. LED lighting is used for exterior as well as interior lighting applications. LED lighting is gaining acceptance because of its efficiency and low cost. It is environment-friendly as it helps reduce energy consumption by up to 40%. In addition, LED light has many advantages over other lighting sources such as high intensity of brightness, high energy efficiency, low-voltage and current requirements, low radiated heat, high reliability, negligible UV rays, long lifespan, and ability to be easily controlled and programmed.

APAC is the major producer of LED components and is home to the four major manufacturing countries: Japan, Taiwan, China, and South Korea. These countries account for an 83% share of the global LED component market.

In this report covers the present scenario and the growth prospects of the LED components market in Japan for the period 2015-2019. To calculate the market size, we considered revenue generated from the shipment of LED components and the amount LED components used to manufacture LED lighting panels in Japan. However, the report does not consider the following:

- Value of LED components exported from Japan
- LED components that are not supplied to OEMs
- LED components used for LED lighting panels sold in the aftermarket

According to the report, LEDs are energy saving and contain features that enhance sustainability. Hence, the Japanese government has proposed policy incentives to accelerate LED product promotion and encourage the use of LED lighting products. The government has rolled out national policies to provide tax breaks to SMEs on the purchase of energy-saving products leading to growing margins for manufacturers. Also, many local governments, including Tokyo, and Chiyoda, have launched subsidy programs wherein companies purchasing energy-saving products in accordance with the specified standards can apply for grants to install one-fifth of the amount.

Further, the report states that the rising competition from countries such as China is one of the major challenges faced by vendors in the LED component market in Japan.

LED Components Market in Japan 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

key players in the LED Components Market in Japan: Epistar, Everlight Electronics, Huga Optotech and Lite-On Optoelectronics

Other Prominent Vendors in the market are: Kingbright Electronics, Lextar Electronics, Opto Tech, Taiwan Semiconductor Manufacturing and Techcore

Key Market Driver
- Government Support and Incentives for LED Projects
- For a full, detailed list, view our report

Key Market Challenge
- Competition from Other Regions
- For a full, detailed list, view our report

Key Market Trend
- Increased Efficiency
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 70 pages and 24 Exhibits "LED Components Market in Japan 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Global LED Industry - Landscape, Global LED Component Market, Country Overview, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis, Market Summary.

For further information on this report, please visit-

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