Increase in Use in Digital Advertising & Consumer Electronics Coupled with Rise in Demand for Energy-Efficient Lights and Ban on the Usage of Incandescent Bulbs is Set to Drive Global Led Materials Market over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now Light-emitting diode or LED is a semiconductor device which is made of elements from group III & group V of the periodic table, known as III-V materials. LED releases light when an electric current is passed through it. Light is produced when particles carrying the current (electrons & holes) coalesce with one another within the semiconductor material. Color of the emitted light depends on the composition of semiconductor material used in manufacturing of LED. It is extensively used in an array of application for instance displays devices on clock, lighting bulbs, digital watches, radios, and calculators. It also finds its applications in high definition television display, camcorder, camera, optical fiber communication, telecommunications, and TV remote controls. The application of LED is even exceeded to the Jewelry & Wearable’s. According to study, “Global LED Materials Market Research Report – Forecast to 2024” the key companies operating in the global LED materials market are AkzoNobel N.V., OSRAM Opto Semiconductors GmbH (OSRAM), Intematix, OSRAM, Nichia Corporation, DuPont, and Sabic, EpiGan, Epistar Corporation, Plessey, Cree, Inc., Sumitomo Electric Industries Ltd, MACOM, DOWA Electronics Materials Co., Ltd (DOWA Materials Co., Ltd), Opto Semiconductors, UBE Industries Ltd, Seoul Semiconductor, II-VI Incorporated. Based on type, global LED materials market is segmented into substrates/semiconductors, epitaxy materials, phosphor, wafers and others. Substrates include gallium arsenide (GaAs), gallium phosphide (GaP), gallium nitride (GaN), aluminum gallium arsenide (AlGaInP), indium gallium nitride (InGaN) and others. GaAs is the most commonly used material in all major classes of LED for instance high-power LED, miniature LED, and application-specific LED. Wafers include sapphire, silicon carbide, silicon and others. Based on precursors, market is segmented into trimethyl-aluminum (TMA), trimethyl gallium (TMGa), trimethyl indium (TMIn), C2Mg2 and triethyl gallium (TEGa). Additionally, based on application, market is segmented into consumer electronics, general lighting, displays & billboards, automotive exterior lighting, automotive interior lighting, healthcare and specialty lighting. Consumer electronics segment is further sub-segmented into television, handheld devices, monitors, backlight and others. In addition, general lighting segment is further sub-segmented into I&I lighting, residential lighting, outdoor lighting and others. The LED materials market is driven by increase in use in digital advertising & consumer electronics, followed by rise in demand for energy-efficient lights, ban on the usage of incandescent bulbs, increase in demand for high-definition displays and growth in automotive industry. However, environmental threats, lifespan and lack of awareness about the benefits of LEDs may impact the market. Moreover, increase in use of LEDs across industries and Li-Fi technologies are major opportunities for market. Furthermore, prevalence of quantum dot as down conversion material in LEDs and introduction of new led materials are key trends for market. Based on geography, the Asian-Pacific region accounts for the main share of the LED materials market owing to strengthen in power generation & distribution infrastructure of developing economies and growth in focus on information technology in the region. The North-American & European regions are expected to witness higher growth rate due to increase in initiatives to substitute traditional and less durable & high-power-consuming bulbs by energy-efficient LED bulbs over the forecast period. It is expected that the market will be reached at rapid pace caused by large scale LED manufacturing industries and decrease in prices of LED as a result of the advancement in manufacturing technology over the forecast period. To know more, click on the link below:- Global LED Materials Market Research Report Related Reports:- Global OLED Display Materials Market Analysis 2013-2018 and Forecast 2019-2024 Global LED Materials Market Analysis 2013-2018 and Forecast 2019-2024 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Tags: AkzoNobel N.V. LED Materials Market, Argentina LED Materials Market, Asia Pacific LED Materials Market, Australia LED Materials Market, Báo cáo nghiên cứu thị trường vật liệu LED toàn cầu, Brazil LED Materials Market, Canada LED Materials Market, Central LED Materials Market Analysis, China LED Materials Market, Cree Inc. (North Carolina) LED Materials Market, DOWA Electronics Materials Co. 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