PUNE, India, August 27, 2015 /PRNewswire/ --
The global LED chip market is growing well with government support and declining ASP per unit of LEDs that will help achieve 12.89% CAGR in terms of revenue and 30.20% CAGR in terms of unit shipment for the LED chips market during 2014 to 2019.
Complete report on LED chip market spread across 78 pages, analyzing 5 key companies as well as supported with 30 data exhibits is now available at http://www.rnrmarketresearch.com/global-led-chip-market-2015-2019-market-report.html .
According to this LED chip market report, one key driver of this market is the declining ASP per unit of LEDs. Due to increased R&D by the LED and component manufacturers, along with advancement in the processes, the manufacturing cost of LED per kilo lumen has gradually decreased. Due to this the ASP per unit of LED lighting devices has simultaneously gone done. In the recent past, increasing support of government organizations to lift the LED lighting market has been witnessed. Governments in both emerging and developed economies have been seen issuing regulations to enhance the demand for LED lighting among various industries that will help push the LED chip market growth.
Further, the report states that one of the major challenges for LED chip market is the emergence of OLED Panels. OLED is a niche and rapidly growing market. OLED panels are large-area lighting panels. The use of organic materials makes OLEDs energy efficient and raises demand for such technology. With better switching time and properties such as flexibility, transparency, and being a color-tunable and environment friendly source of lighting, OLED panels are being adopted fast in the industry. To calculate the LED chip market size, the report considers the revenue generated from the global shipments of LED chips for devices such as PCs, smartphones, tablets, notebooks, LED monitors, LCD TVs, automobile, and general lighting devices.
Cree, Epistar, Nichia, OSRAM Opto Semiconductors and Philips Lumileds Lighting Company are the 5 key LED chip players analyzed in this research. Other prominent vendors of the market simply mentioned in the report are Bridgelux, Samsung Electronics, SemiLEDS, Seoul Semiconductors and Toyoda Gosei. Order a copy of Global LED Chip Market 2015-2019 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=402243 .
The second research titled Global LED Chip Industry 2015 Market Research Report is spread across 185 pages, profiling 10 companies and supported with 190 tables and figures. This is a professional and in-depth study on the current state of the LED Chip market. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The LED Chip market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
Development policies and plans of LED chip market are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. The report focuses on global major leading industry players of LED chip market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The LED Chip industry development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.
With 190 tables and figures to support LED chip market analysis, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. 10 Companies profiled in this research include OSRAM Opto Semiconductors, Nichia, Cree, Philips Lumileds Lighting Company, Epistar, SemiLEDS, Bridgelux, Toyoda Gosei, Seoul Semiconductors and Samsung Electronics. Comprehensive table of contents and more on this LED chip market report is available at http://www.rnrmarketresearch.com/global-led-chip-industry-2015-market-research-report-market-report.html .
RnRMarketResearch.com has multiple newly published and relevant research titles for decision makers and stakeholders of LED market:
LED Components Market in Japan 2015-2019: 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. Analysts forecast LED components market in Japan to grow at a CAGR of 9.3% during the period 2014-2019. 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 value of LED components exported from Japan, LED components that are not supplied to OEMs and LED components used for LED lighting panels sold in the aftermarket in this. Companies like Epistar, Everlight Electronics, Huga Optotech, Lite-On Optoelectronics, Kingbright Electronics, Lextar Electronics, Opto Tech, Taiwan Semiconductor Manufacturing and Techcore are mentioned in this research available at http://www.rnrmarketresearch.com/led-components-market-in-japan-2015-2019-market-report.html .
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