Global LED Engine Market Growth 2023-2029

Global LED Engine Market Growth 2023-2029

The global LED Engine market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for LED Engine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for LED Engine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for LED Engine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key LED Engine players cover Broadcom Limited, CreeLED, Inc., Dialight, Inspired LED, LLC, JKL Components Corp., Kitronik Ltd., LEDdynamics Inc., Lumileds and NEW TRY, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

An LED engine is a stand-alone module that integrates functions such as an LED light source, optical components, and a thermal management system to produce high-brightness, high-efficiency LED light output. It usually includes one or more LED lamp beads, an optical lens or reflector, heat sink, power drive circuit and other components, aiming to provide a convenient, reliable and easy-to-install LED lighting solution. LED engines are usually used in lighting fields, such as LED lamps, street lights, car lights, stage lights, etc. The LED engine can provide high brightness light output with high energy efficiency and long life. It integrates optical elements, such as lenses or reflectors, that control and direct the LED light to achieve the desired lighting effect. At the same time, the LED engine usually includes a heat sink and a power drive circuit to manage the heat and power supply of the LED to ensure the normal operation and long life of the LED.

LPI (LP Information)' newest research report, the “LED Engine Industry Forecast” looks at past sales and reviews total world LED Engine sales in 2022, providing a comprehensive analysis by region and market sector of projected LED Engine sales for 2023 through 2029. With LED Engine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Engine industry.

This Insight Report provides a comprehensive analysis of the global LED Engine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LED Engine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LED Engine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Engine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LED Engine.

This report presents a comprehensive overview, market shares, and growth opportunities of LED Engine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Convex Mirror
Flat
Tubular
Other

Segmentation by application
Street Light
Headlights
Stage Lights
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Broadcom Limited
CreeLED, Inc.
Dialight
Inspired LED, LLC
JKL Components Corp.
Kitronik Ltd.
LEDdynamics Inc.
Lumileds
NEW TRY
Phoenix Contact
QT Brightek
Samsung Semiconductor, Inc.
Seeed Technology Co, Ltd
Seoul Semiconductor Inc.
TE Connectivity
Thomas Research Products
TT Electronics
Weidmiller

Key Questions Addressed in this Report

What is the 10-year outlook for the global LED Engine market?

What factors are driving LED Engine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do LED Engine market opportunities vary by end market size?

How does LED Engine break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?



Please note: The report will take approximately 2 business days to prepare and deliver. Show more