
Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Trending Now
The global high-brightness LED market size was approximately USD 29.05 Billion in 2024. The market is projected to grow at a CAGR of 7.10% between 2025 and 2034, reaching a value of around USD 57.68 Billion by 2034.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2025-2034
High-Brightness LED Market Outlook
*this image is indicative*
High brightness LEDs, also known as high power LEDs, are a semiconductor light source that emit light when an electric current passes through them. LEDs are usually available in three categories, including low-power, mid-power, and high-power. Low to mid power LEDs usually function in 0.05 W and 0.50 W while high-power LEDs operate on 1-5 watts but can go up to 40w for multi-chip lamps. They are known for their energy efficiency, long lifespan, and compact size.
The EMR’s report titled “Global High-Brightness LED Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Market Breakup by Distribution Channel:
Market Breakup by Region:
According to the global high-brightness LED market analysis, automotive LEDs are likely to be in high demand during the forecast period owing to the increasing application of LEDs in automotive and the rapid expansion of the mobility sector. Additionally, high-brightness LEDs emit a bright, white light that closely resembles natural daylight. This provides the driver better visibility especially in adverse weather conditions and during nighttime.
The growing demand for high power LEDs in offline marketplaces is expected to significantly enhance global high-brightness LED market share in the coming years. The increasing sales through offline channels can be attributed to the advantages of in-store shopping, such as having the opportunity to experience the actual lighting effect of LEDs in real-time. Moreover, offline stores are increasingly providing wide varieties of LEDs and in different price ranges, allowing consumers to freely choose the product of their liking.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global high-brightness LED market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Broadcom Inc. is a global infrastructure company based in California, United States. The company, since its first introduction of commercial LED dot matrix displays in 1960, has established itself as one of the leading figures involved in developing and supplying semiconductor and infrastructure software solutions. It also has expertise in Bluetooth solutions, cable modems, GPS, and Satellite and IPTV STBs, among others.
SMART Global Holdings, Inc. is one of the key designers, developers, and suppliers of electronic subsystems to original equipment manufacturers. Founded in 1988, the company has established different brands, such as Penguin Solutions, Stratus, SMART Modular Technologies, and Cree LED, through which it develops and distributes intelligent platform solutions, memory solutions, and LED solutions.
Samsung Electronics Co. Ltd. is a multinational conglomerate based in South Korea. It is one of the world's largest and most influential technology companies. Samsung Electronics is a subsidiary of the Samsung Group, which is a massive business conglomerate with presence in various industries. The company conducts business in sectors, including consumer electronics, IT and mobile communications, device solutions, and research and development.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other companies operating in the market are Lumileds Holding B.V., Epistar Corporation, MORITEX Corporation, Nichia Corporation, Seoul Semiconductor Co., Ltd., and Kingbright Company, LLC., among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2024, the market reached an approximate value of USD 29.05 Billion.
The market is projected to grow at a CAGR of 7.10% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 57.68 Billion by 2034.
The market is expected to develop substantially owing to the utilisation of high brightness LEDs due to its exceptional energy efficiency and the rising penetration of the internet of things.
The increasing miniaturisation of LEDs and the rapid development of smart homes around the world are likely to play a major role in the expansion of the market.
The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different types available in the market include automotive, general lighting, backlighting, mobile device, and signals and signage, among others.
The key players in the market include Broadcom Inc., SMART Global Holdings, Inc., Samsung Electronics Co. Ltd., Lumileds Holding B.V., Epistar Corporation, MORITEX Corporation, Nichia Corporation, Seoul Semiconductor Co., Ltd., and Kingbright Company, LLC., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Type |
|
Breakup by Distribution Channel |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share