Final Report will add the analysis of the impact of COVID-19 on this industry.
The report titled LED Phosphors Market has recently added by MarketIntelligenceData to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.
The LED Phosphor market is expected to register a CAGR of 20% over the forecast period(2020 – 2025).
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Top Companies operating in the Global LED Phosphors market profiled in the report:– Yuji International Co. Ltd., Intematix Corporation, Phosphor Tech Corporation, Nichia Corporation, Denka Co. Ltd., Mitsubishi Chemical Corporation, Philips Lumileds Lighting Company, Luming Technology Group Co. Ltd., Citizen Electronics Co. Ltd., Cree Inc.
Scope of the Report
LED phosphors are crucial material in the manufacture of white LEDs. Phosphor composition largely determines an LED’s efficiency, light quality, and stability. Phosphors are a vital material in the manufacture of white LEDs, and white LEDs are usually a combination of a blue light-emitting indium gallium nitride (InGaN) die and a phosphor which takes blue light and converts it into a broad-spectrum peaking at yellow or amber.
Key Market Trends
Automotive Expected to Witness Significant Growth
– In the automotive industry, LED technology has been limited to high-end vehicles and has to compete with traditional light sources, namely, halogen and high-intensity discharge lamps. The drop in the prices has helped the LED Phosphor spread to various categories of vehicles. The exterior lighting of vehicles drives more than two-third of automotive lighting.
– Laser diodes were first adopted in lighting as spotlighting range extenders in automotive applications. Various applications driving increasing luminance are automotive high-beam range extension and headlight foreground projection. For high-beam range extension (HBRE), >500 MNits is required, while Foreground Projection (FGP) overlay requires 100-200 MNits. Even though pcLEDs can achieve these luminance requirements, there is a need for high-volume products that offer lower cost, higher efficiency, and longer lifetime at automotive operational temperature.
Market Segment by Applications, covers:
Lighting (Residential & Industrial)
Other End-user Industries
Regional Analysis For LED Phosphors Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Influence of the LED Phosphors Market Report:
-Comprehensive assessment of all opportunities and risk in the LED Phosphors market.
-LED Phosphors market recent innovations and major events.
-Detailed study of business strategies for growth of the LED Phosphors market-leading players.
-Conclusive study about the growth plot of LED Phosphors market for forthcoming years.
-In-depth understanding of LED Phosphors market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the LED Phosphors market.
LED Phosphors Market report includes the estimation of market size for value (million USD) and volume (M Sqm). Both Top-down and bottom-up approaches have been used to estimate and validate the market size of LED Phosphors Market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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