Light emitting diode chipsets have several advantages over traditional lighting technologies such as better lighting effect, increased thermal resistance, high light efficacy and larger cooling area.

Portland, OR -- (SBWire) -- 07/26/2017 --Light emitting diode chipsets have several advantages over traditional lighting technologies such as better lighting effect, increased thermal resistance, high light efficacy and larger cooling area. Light emitting diode chipsets also provide better color mixing which adds on to their wide range of industrial and commercial applications. Since the wide usage of light emitting diode chipsets, a variant of it has also emerged termed as multiple chip-on-board light emitting diode (MCOB). Though MCOB does not fulfill the standard lamp requirement for usage in spot light and floodlights, they are most efficient for low wattage situations like LED A19 bulbs. The market is anticipated to expand at a higher pace over the forecast period.

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Based on application, the global light emitting diode chipsets market is segmented as illumination, automotive, backlighting and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Rising cost of electricity
Stringent building energy efficiency norms
Growing display market
Restraints:

Complex manufacturing process coupled with high prices

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Market Players:
The top players in the global Light Emitting Diode Chipsets Market include Osram Opto Semiconductors GmbH, Citizen Electronics Co. Ltd., Cree Inc., Seoul Semiconductor Co. Ltd., GE Lighting, Enlux Lighitng, Cooper Lighting, LumiShoreLtd., Philips Lumileds Lighting Co., and Samsung Electronics Co. Ltd.

MARKET LANDSCAPE

By Application

Illumination
Automotive
Backlighting
Others
By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of the Europe

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Table Of Contents:

1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
4. Global Light Emitting Diode Chipsets Market by application
4.1. Illumination
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Automotive