World HB-LED market would reach $29 billion by 2022 from $15 billion in 2015; growing at a CAGR of 10% from 2016 to 2022. High-brightness LEDs (HB-LEDs) are semiconductor-based advanced LEDs with higher luminosity. It is a cost effective solution for all lighting as well as other application purposes such as backlighting in large screen displays, non-backlight displays (OLED), and others. Hence, HB-LED is expected to take over the conventional lights, CFL and CCFL lighting market due to advanced features. In addition, these are popularly utilized in sign & signals, TVs, and mobiles as they are available in various sizes and can be mounted in any circuit.
Some of the key Players of High-Brightness LED Market: Epistar Corp,Cree, Inc.,Philips Lumileds,Moritex Corporation,Samsung Electronics Co Ltd,Seoul semiconductor,Osram Opto Semiconductor,American Bright Optoelectronics Corps,Nichia Corporation,Toyoda Gosei
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Analysis tools such as SWOT analysis and Porter’s five force model have been inculcated in order to present a perfect in-depth knowledge about High-Brightness LED market. Ample graphs, tables, charts are added to help have an accurate understanding of this market. The High-Brightness LED market is also been analyzed in terms of value chain analysis and regulatory analysis.
The report enables you to-
• Formulate significant competitor information, analysis, and insights to improve R&D strategies
• Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
• Identify and understand important and diverse types of High-Brightness LED under development
• Develop market entry and market expansion strategies
• Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
• In-depth analysis of the product’s current stage of development, territory and estimated launch date
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The Global High-Brightness LED Market research report offers an in-depth analysis of the global market, providing relevant information for the new market entrants or well-established players. Some of the key strategies employed by leading key players operating in the market and their impact analysis have been included in this research report.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global High-Brightness LED market based on product and application. It also provides market size and forecast till 2024 for overall High-Brightness LED market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments.
The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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This post was originally published on The Picayune Current