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The LED light engine market stood at a value of almost USD 31 billion in 2020. The industry is further expected to grow at a CAGR of 15% over the forecast period of 2021-2026.
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LED light engine usually comprises of an LED chip installed on a circuit board with electrical and mechanical attachments, which means that it is prepared to be fixed in the luminaire.
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The global LED light engine industry can be divided based on segments like products, forms, installation types, and end-uses.
The industry can be divided based on its products into lamp and luminaire. The industry can be divided based on its forms as flexible and rigid. Rigid LED light engine can be further subdivided into linear and round, among others. The industry can be bifurcated based on installation type into new installation and retrofit installation. The industry can be broadly categorised based on its end-uses into:
The EMR report looks into the regional LED light engine markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The increased demand for energy-efficient lighting systems is the key variable affecting the market growth. Modernising and developing infrastructure, such as smart cities, leading to the application of IoT-based lighting technologies is driving the industry growth. Further, reduced LED prices, increased penetration of LEDs as light sources in general lighting, and the fast growth of LED technology over standard lighting are providing a further boost to the market growth. It is anticipated that indoor lighting will have a higher market share than outdoor lighting. The housing market is anticipated to have enormous potential in the future.
The report presents a detailed analysis of the following key players in the global LED light engine market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global LED Light Engine Market Analysis
6.1 Global LED Light Engine Historical Market (2016-2020) & Forecast (2021-2026)
6.2 Global LED Light Engine Market Breakup by Product
6.3 Global LED Light Engine Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
6.4 Global LED Light Engine Market Breakup by Form
6.5 Global LED Light Engine Market Breakup by Form: Historical Market (2016-2020) & Forecast (2021-2026)
6.6 Global LED Light Engine Market Breakup by Installation Type
6.6.1 New Installation
6.6.2 Retrofit Installation
6.7 Global LED Light Engine Market Breakup by Installation Type: Historical Market (2016-2020) & Forecast (2021-2026)
6.7.1 New Installation
6.7.2 Retrofit Installation
6.8 Global LED Light Engine Market Breakup by End Use
6.9 Global LED Light Engine Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
6.10 Global LED Light Engine Market Breakup by Region
6.10.1 North America
188.8.131.52 United States of America
184.108.40.206 United Kingdom
6.10.3 Asia Pacific
6.10.4 Latin America
6.10.5 Middle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 United Arab Emirates
22.214.171.124 South Africa
6.11 Global LED Light Engine Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.11.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
6.11.3 Asia Pacific
6.11.4 Latin America
6.11.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Competitive Landscape & Supplier Analysis
9.1 Nichia Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Osram Licht AG (ETR: OSR)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Samsung Electronics Co. Ltd. (KRX: 005930)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Everlight Electronics (TPE: 2393)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Wipro Enterprises (P) Limited
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Signify Lighting NV
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 Lutron Electronics Company
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 Seoul Semiconductor Co ltd (KOSDAQ: 046890)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 Cree Inc (NASDAQ: CREE)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.10.1 Company Overview
9.10.2 Financial Analysis
9.11 Hubbell Incorporated (NYSE: HUBB)
9.11.1 Company Overview
9.11.2 Financial Analysis
10 Events and Development
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