About LED Array
The LED arrays are assemblies of LED dies or packages that can be built using numerous methods. Each method hinges on the manner and extent to which the chips themselves are packaged by the LED semiconductor manufacturers. The uniformity and intensity of light output depending upon the method of LED array manufacturing used. It has several small-on-board LED’s positioned into a clear array or pattern. There are numerous advantages associated with these methods. These are displays with each pixel being a light-emitting diode. These arrays are widely used in billboards, traffic lights, store signs, and bus destination displays because they are very reliable, consume low amounts of energy, and are easy to manage.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States and Taiwanese Players will contribute the maximum growth to Global LED Array market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bridgelux, Inc. (United States), Everlight Electronics (Taiwan), ITW Group (United States), ELMA (Switzerland), Sun Top Electronics (Taiwan), Philips Lighting (Netherlands), Nichia Corporation (Japan), SAMSUNG (South Korea), EPISTAR (Taiwan), Cree, Inc. (United States) and Osram (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Valeo (France), Zhejiang Iluxz Lighting Co., Ltd. (China) and ProPhotonix (United States).
Segmentation Overview
AMA Research has segmented the market of Global LED Array market by Type (Standard-Density Integrated Arrays {Small, Large} and High-Density Integrated Arrays), Application (Broadcast & Audio, Communications, Aerospace & Defense, Industrial Automation, Medical, Scientific & Research, Test and Measurement, Transportation and Agriculture) and Region.
On the basis of geography, the market of LED Array has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Size, the sub-segment i.e. 13.35 x 13.35 will boost the LED Array market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Introduction of COB LED arrays by Major Manufacturers
Market Growth Drivers:
The Increasing Need for Energy Efficient Lights, The Surging Demand from Various End-Users Industries and The Cost-Saving Advantages of COB LED Arrays Compared with Using Discrete LED’s
Restraints:
Assembling an Array of Many LED’s Is Difficult and Labor Intensive
Opportunities:
Technological Advancements in LED Array’s and The Emerging Demand from Developing Countries
Market Leaders and their expansionary development strategies
In January 2023, Nichia and Infineon launched industry-first high-definition micro-LED matrix solution. The new 16,384 pixel µPLS micro-Pixelated Light Solution is our latest addition to Nichia’s portfolio of high-class automotive lighting solutions.
On 10 Jan. 2019, Valeo and Cree, Inc. announced that the companies have jointly developed the first complete high definition (HD) LED array solution for automotive lighting systems. Powered by breakthrough Cree LED technology, Valeo PictureBeam Monolithic is the first complete high definition lighting system that offers both glare-free and high beam road marking functions together with high-performance low beam and high beam in a single compact solution.
Key Target Audience
LED Arrays Manufacturers, LED Arrays Sub Component Manufacturers, LED Arrays Traders/Distributors, LED Arrays Importer/Exporter, Technology Investors, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.