High Power LED Market 2020: key Vendors, Trends, Analysis, Segmentation,
Forecast to 2025
Market Research Engine has published a new report titled as “High Power LED Market
Application (General Lighting, Automotive, Flash Lighting, Backlighting),
Packaging Type (Flip Chip, Mesa, and Vertical), By Region, Market Analysis Report,
Forecast 2020-2025 – Executive Data Report.”
The global High power LED market has been experiencing a considerable transition in its
business dynamics. Various characteristics of high power LEDs, such as long life, compact size,
less consumption of power, and high brightness, are boosting the demand for these LEDs across
the world. High power LEDs offer higher level of light as compared to traditional LEDs.
Compact size, less power consumption, continuous light output, long operating life and low
voltage operation are the few factors responsible for high CAGR of the market over the forecast
period. Additionally, the growing demand and applications of high brightness LED is also
projected to fuel the growth of the market. For instance, in automotive industry, high power
LEDs are functioned in exterior and interior applications such as backlighting and flash lighting.
Furthermore, growing demand for smart lighting system and increase in awareness pertaining to
energy efficient systems are the main factor likely to create lucrative growth opportunity to the
market in the upcoming years. But the high temperature and thermal problem is the main
limitations of high power LED that is expected to hinder the growth of global High Power LED
market during the prediction period.
Browse Full Report: https://www.marketresearchengine.com/high-power-led-
Global High Power LED market is segmented based on Application as, General Lighting,
Automotive, Flash Lighting, Backlighting. On the basis of Packaging Type, the global High
Power LED market is segregated as Flip Chip, Mesa, and Vertical.
Global High Power LED market report covers various regions including North Ame