LED (Light-Emitting Diode) Phosphors Market to 2027 – Analysis Scrutinized in New Research
A phosphor is a substance that emits light upon exposure of an electron beam or ultraviolet radiation. Phosphors are useful materials in the manufacture of LEDs. The chemistry and composition of phosphor largely determine the light quality, stability and efficiency of an LED. The LED technology is widely being used in illumination applications in automotive and households. LED bulbs consume lesser energy while producing a light having intensity higher than that of incandescent bulbs. Also, LED lights last longer than CFLs and even surpass them in terms of energy efficiency.
The LED phosphors market is anticipated to grow in the forecast period owing to strong government initiatives encouraging the use of LEDs coupled with increased adoption of smart homes. Moreover, reduced energy consumption and fuller intensity promotes its applicability in several industrial and commercial uses including street lightning, thereby, further fuelling the market growth. However, competition by quantum dots in solid-state lighting sector is a major restraint for the LED phosphors market. On the other hand, focus on improving the light quality and development of new composition preferably warmer white shades are key opportunities for the LED phosphors market and the key players involved during the forecast period.
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Leading key market players mentioned in the report:-
- Bridgelux, Inc.
- Broadcom Inc.
- Citizen Electronics Co., Ltd
- Cree, Inc.
- Dialight plc
- GE Lighting
- Lumileds Holding B.V.
- Nichia Corporation
- OSRAM GmbH
- Seoul Semiconductor Co., Ltd
The global LED phosphors market is segmented on the basis of type and application. Based on type, the market is segmented as silicate, garnet, aluminates and nitride. On the basis of the application the market is segmented as residential, commercial, consumer electronics, automotive and others.
Reasons to Buy the Report:
- Learn about the driving factors, affecting the market growth.
- Imbibe the advancements and progress in the market during the forecast period.
- Understand where the market opportunities lies.
- Compare and evaluate various options affecting the market.
- Pick up on the leading market players within the market.
- Envision the restrictions and restrains that are likely to hamper the market.
What the report features:-
- Global analysis of LED (Light-Emitting Diode) Phosphors market from 2019 – 2027 illustrating the progression of the market.
- Forecast and analysis of LED (Light-Emitting Diode) Phosphors market by Dosage, Route of Administration and Application from 2019 – 2027
- Forecast and analysis of LED (Light-Emitting Diode) Phosphors market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America
This market research report administers a broad view of the LED (Light-Emitting Diode) Phosphors market on a Global basis, presenting a forecast and statistics in terms of revenue during the forecast period. It covers an illustrative study with detailed segmentation, complete research and development history, latest news and press releases. Additionally, it demonstrates the future aspects and portrays a sketch of the key players involved in the LED (Light-Emitting Diode) Phosphors market’s growth in terms of revenue.
The report contains imperative and pivotal details affecting the developments and growth of the market and also talks about the restricting factors that may restrain the LED (Light-Emitting Diode) Phosphors market growth during the forecast period. Segmentations of the market are examined specifically to provide knowledge for supplementary market investments. Segmentation of the market on the basis of Dosage, Route of Administration and Application are elucidated in details portraying a descriptive structure of the market trends and restrictions affecting the LED (Light-Emitting Diode) Phosphors market through the segments and sub-segments.
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The report also provides the market size and estimates a forecast from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the LED (Light-Emitting Diode) Phosphors market.
The report also analyzes the factors affecting LED (Light-Emitting Diode) Phosphors market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.