GITNUX MARKETDATA REPORT 2024

Led Materials Industry Statistics

Led materials industry statistics provide insights into the market size, growth trends, key players, and technological innovations within the LED materials sector.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we will explore key statistics and insights about the global LED materials industry, highlighting market trends, regional dynamics, end-use applications, and future projections. With data revealing market sizes, dominant regions, material types, and growth opportunities, this analysis offers valuable information for stakeholders interested in the LED industry.

Statistic 1

"The global LED Materials Market size is projected to reach USD 21.78 Billion by 2026, at a CAGR of 9.9% during the forecast period."

Statistic 2

"In 2020, Asia-Pacific dominated the LED materials market with a share of more than 50%."

Statistic 3

"The global LED materials market was valued USD 12.5 Billion in 2020."

Statistic 4

"By end-use industry, the automotive segment is projected to have the highest CAGR of 10.1% in the LED materials market from 2021 to 2026."

Statistic 5

"Indium accounted for a market share of 15% in 2020 in the LED materials market."

Statistic 6

"The LED materials market size in North America is expected to grow at a CAGR of 5.7% during the forecast period."

Statistic 7

"Organic LEDs (OLED) segment is expected to register a CAGR of 6.8% by 2026."

Statistic 8

"Signage led the end-use industry segment with a share of 32% in 2020, followed by Lighting with 30% share."

Statistic 9

"Metallic compound held the largest market share of 58% in 2019 in the LED materials market."

Statistic 10

"By 2025, LED lights are predicted to achieve a 61% penetration of the global lighting market."

Statistic 11

"Silicon accounted for 11% share in terms of material type in the LED materials market in 2020."

Statistic 12

"The global LED packaging market size was valued at USD 15.51 billion in 2018 and is expected to progress at a CAGR of 4.6% from 2019 to 2025."

Statistic 13

"The global LED module market size was valued at USD 4.5 billion in 2019."

Statistic 14

"Phosphor segment is expected to grow at a robust CAGR of 12.8% during the forecast period in the LED materials market."

Statistic 15

"The public infrastructure sector is likely to witness the fastest growth at a CAGR of 10.2% in the LED materials market from 2021 to 2026."

Statistic 16

"India’s LED market is expected to grow at a CAGR of 26.6% during the forecast period (2021-2026)."

The LED materials industry continues to show strong growth potential, with the global market size projected to reach USD 21.78 billion by 2026 at a CAGR of 9.9%. Asia-Pacific dominated the market in 2020, while the automotive segment is projected to have the highest CAGR in the coming years. Indium accounted for a significant market share in 2020, and organic LEDs are expected to register healthy growth. Signage and lighting are the leading end-use industries, with metallic compounds holding the largest market share. The increasing penetration of LED lights in the global lighting market and the robust growth of certain segments like phosphor and public infrastructure further signal a bright future for the LED materials industry.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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