A LED is a two-lead semiconductor light source.
Increase in demand for energy efficient LED’s, increasing use of Infrared LEDs in automotive, consumer durables and other industries, growing penetration of these LEDs in smartphones, surveillance systems and other segments, growing adoption of infrared LEDs in remote sensing and hyper spectral imaging and increasing usage of infrared technology in sensors are some factors, that will propel the demand for LED material over the next five years.

The global LED Material market is valued at xx million US$ in 2020 is expected to reach xx million US$ by the end of 2026, growing at a CAGR of xx% during 2021-2026.
This report focuses on LED Material volume and value at the global level, regional level and company level. From a global perspective, this report represents overall LED Material market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the LED Material market is segmented into
Substrate Material
Wafer
Phosphor

Segment by Application
General Lighting
Automotive Lighting

Global LED Material Market: Regional Analysis
The LED Material market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the LED Material market report are:
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Global LED Material Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global LED Material market include:
Akzonobel
Cree
Epistar
Hitachi
Philips
Nichia
Osram
Sumitomo Electric