LED Materials Market: Global Industry Analysis and Forecast

to 2020

Persistence Market Research

LED Materials Market: Global Industry

Analysis and Forecast to 2020

Persistence Market Research

LED Materials Market: Global Industry Analysis and Forecast

to 2020
Persistence Market Research Released New Market Report on LED Materials Market: Global
Industry Analysis and Forecast to 2020.
A light emitting diode or LED is a semiconductor device. LED produce incoherent narrow spectrum of light
when it is in forward biased condition. The color of the light emitted depends on the composition of the
semiconductor material used in manufacturing of LED. It is extensively used in an array of application
such as displays devices on clock, digital watches, lighting bulbs, radios, and calculators. LEDs also find
its applications in high definition television display, camera, camcorder, telecommunications, optical fiber
communication, and TV remote controls. The application of LED is even exceeded to the Jewelry and
Wearables
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On the basis of semiconductor material, the global LED material market can be broadly classified in four
broad categories namely gallium arsenide (GaAs), gallium arsenide phosphide (GaAsP), gallium
phosphide (GaP) and others. Gallium arsenide is the most widely used chemical in all major classes of
led such as miniature led, high power led and application specific led. Gallium arsenide grasped the
largest market share in 2013.
Based on the various precursor used during the metal organic chemical deposition vapor (MOCVD) the
lead material can be classified as trimethylgallium (TMGa), trimethyl aluminum (TMA), trimethylindium
(TMIn), triethylgallium (TEGa) and C2Mg2. trimethylgallium (TMGa) is the most widely used LED material
and grasped the largest market share in 2013.
The global LED material market is mainly driven by the rising application and demand of LED in energy
efficient and high resolution displays in smart phones and high definition television. The rising application
of LED in automotive lighting and display, home and industrial lighting requirement is further boosting the
market of LED which in turn is driving the demand for LED materials. Moreover, favorable government
policies including various labeling and certification programs are providing new growth opportunities for
the LED industry. One of the major reasons for rapid adoption in LED lights is its relatively less power
consumption as compared with normal lights. In certain cases, the power consumption is as low as onethird.
Countries such as the U.S., New Zealand, UK, Canada, Taiwan, Australia, Japan, and Brazil, and
Venezuela have taken several initiatives to replace tradition less durable, high power consuming bulbs
with energy efficient LED bulbs in order to save power and to meet environmental sustainability by
reducing the green house gases emission.
Asia Pacific is the largest market for LED material followed by North America and Europe, The demand
for LED material in Asia Pacific is mainly driven by the large scale LED manufacturing industries located

Persistence Market Research

LED Materials Market: Global Industry Analysis and Forecast

to 2020
in China, South Korea, and Taiwan. Moreover with growing emphasis on information technology industry,
strengthening power generation and distribution infrastructure of emerging economies and decreasing
prices of LED mainly due to the advancement in manufacturing technology is expected to provide a
higher growth rate during the forecasted period. The growing application of LED in various display
technology is expected to provide moderate growth to LED material market in North America and Europe.
Some of the major companies operating in global agrochemicals market include, Dow Chemicals
Company, Intematrix, DuPont, and Sabic, Cree, Inc., OSRAM, Opto Semiconductors and Seoul
Semiconductor.
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Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
Browse the full All Upcoming Persistence Market's report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
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Persistence Market Research

LED Materials Market: Global Industry Analysis and Forecast

to 2020
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