What is the current High Power LED Market size?

The High Power LED Market is projected to register a CAGR of 4% during the forecast period (2024-2029) Read More

Who are the key players in High Power LED Market?

Koninklijke Philips N.V., Lumileds Holding B.V., OSRAM Opto Semiconductors GmbH, Cree Inc. and Samsung Electronics Co. Ltd. are the major companies operating in the High Power LED Market. Read More

Which is the fastest growing region in High Power LED Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in High Power LED Market?

In 2024, the North America accounts for the largest market share in High Power LED Market. Read More

What years does this High Power LED Market cover?

The report covers the High Power LED Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the High Power LED Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

High Power LED Market Share

Statistics for the 2023 & 2024 High Power LED market share, created by Mordor Intelligence™ Industry Reports. High Power LED share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of High Power LED Industry

The high power LED market is competitive and fragmented, with the presence of a large number of global and regional players. The players are focusing on new product development strategies to strengthen their product portfolio and also increase customer acquisition.

August 2019 - Lumileds, a global vendor in innovative lighting solutions, announced the LUXEON 5050 Square LES (Light Emitting Surface) LED, a square, multi-die emitter that offers industry-leading flux and efficacy for directional lighting applications. The LUXEON 5050 Square builds on the legacy of the LUXEON 5050 Round emitter as the go-to solution for downlights and streetlights, while boosting flux by 25% and providing the highest efficacy of any 5050 packages on the market.
August 2019 - LG Innotek announced that the company has developed "Nexlide-HD (High Definition)", flexible three-dimensional lighting for cars which emits bright and uniform light from five directions. It is an automotive lighting module made by attaching a number of LED packages to the thin substrate.