Lighting, Power & Electronic Products · Direct
Monitoring · monthlyProcurement Category Intelligence
Light-Emitting Diodes (LEDs)
Overview
Market size
$130
global, USD
CAGR
8.5%
base to forecast
Buyer power
-2.5
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity
Market outlook
2031$195
What changed
Demand by region
Asia Pacific demand50%
North America demand22%
Europe demand18%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Semiconductor wafers and substrates35%
Phosphors and packaging materials25%
Direct assembly labor and cleanroom overhead20%
Energy and manufacturing utilities12%
Inbound and outbound logistics8%
share of delivered cost (analyst estimate)