Please Wait.....
Report
LED Chip Market Size, Share, Trends and Forecast by Product, Application, and Region, 2025-2033
Market Report I 2025-02-10 I 136 Pages I IMARC Group
The global LED chip market size was valued at USD 31.26 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 81.67 Billion by 2033, exhibiting a CAGR of 10.70% during 2025-2033. Asia Pacific currently dominates the market, holding a significant market share of over 41.0% in 2024. The augmenting demand for energy-efficient lighting solutions, expanding applications in automotive and consumer electronics, ongoing technological advancements, government regulations promoting energy conservation, rapid urbanization, and the increasing focus on sustainable infrastructure development are creating lucrative opportunities in the market.
LED stands for light emitting diode, which is a two-lead semiconductor light source. These are used in a wide range of applications that vary from backlighting in electronic products such as LCD TVs, laptops, and phones, as well as in street lighting and automotive lighting, and general illumination. This can be attributed to the better picture quality offered by LEDs due to their higher degree of power efficiency and brightness. The LED chip, also known as the die, represents the most essential and cost-intensive component of the LED. It is a critical factor in determining the light quality. The chips have different ratings for brightness, wavelength and voltage. After installing the LED chip and passing current through an electrical source, a particular color of light is emitted, which is determined by the dominant wavelength.
These lights are more energy-efficient in terms of power consumption and provide high luminous intensity. They use electroluminescence to produce light without generating heat and convert electricity into energy with minimum wastage. Furthermore, these products have a longer lifespan as compared to incandescent bulbs, which further drives their demand. However, with technological innovations and research and development, the cost of manufacturing LEDs per kilolumen has decreased. This has significantly reduced the average selling price (ASP) of LEDs, making them a preferred choice among consumers. Moreover, incentives provided by governments across the globe to promote the usage of energy-efficient lighting is also elevating the demand for LED products.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global LED chip market, along with forecasts at the global and regional levels from 2025-2033. The market has been categorized based on product and application.
Breakup by Product:
- Blue LED Chips
- Red LED Chips
- Green LED Chips
- Infrared LED Chips
- Yellow LED Chips
- White LED Chips
- Others
Breakup by Application:
- Backlighting
- Illumination
- Automotive
- Signs and Signal
- Others
Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
Competitive Landscape:
The competitive landscape of the market is characterized by the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:
- AVA Technologies, Inc.
- Bright LED Electronics Corporation
- Cree, Inc.
- Bridgelux, Inc.
- Hitachi Cable, Ltd.
- Huga Optech, Inc.
- Dowa Electronics Materials Co., Ltd.
- Epistar Corporation
- Nichia Corporation
- Formosa Epitaxy, Inc.
- Goldeneye, Inc.
- Kingbright Electronic Co. Ltd.
- Optek Technology (TT Electronic PLC)
- OSA Opto Light GmbH
- Osram Opto Semiconductors GmbH
Key Questions Answered in This Report
1.How big is the global LED Chip market?
2.What is the expected growth rate of the global LED chip market during 2025-2033?
3.What are the key factors driving the global LED chip market?
4.What are the key regions in the global LED chip market?
5.Who are the key players/companies in the global LED chip market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global LED Chip Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Product
6.1 Blue LED Chips
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Red LED Chips
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Green LED Chips
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Infrared LED Chips
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Yellow LED Chips
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 White LED Chips
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Application
7.1 Backlighting
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Illumination
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Automotive
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Signs and Signal
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 Asia Pacific
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 North America
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 Global LED Chip Industry: SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Global LED Chip Industry: Value Chain Analysis
10.1 Overview
10.2 Research and Development
10.3 Raw Material Procurement
10.4 Manufacturing
10.5 Marketing
10.6 Distribution
10.7 End-Use
11 Global LED Chip Industry: Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Global LED Chip Industry: Price Analysis
12.1 Price Indicators
12.2 Price Structure
12.3 Margin Analysis
13 LED Chip Manufacturing Process
13.1 Product Overview
13.2 Raw Material Requirements
13.3 Manufacturing Process
13.4 Key Success and Risk Factors
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 AVA Technologies Inc.
14.3.2 Bright LED Electronics Corporation
14.3.3 Cree, Inc.
14.3.4 Bridgelux, Inc.
14.3.5 Hitachi Cable, Ltd.
14.3.6 Huga Optech, Inc.
14.3.7 Dowa Electronics Materials Co., Ltd.
14.3.8 Epistar Corporation
14.3.9 Nichia Corporation
14.3.10 Formosa Epitaxy, Inc.
14.3.11 Goldeneye, Inc.
14.3.12 Kingbright Electronic Co. Ltd.
14.3.13 Optek Technology (TT Electronic PLC)
14.3.14 OSA Opto Light GmbH
14.3.15 Osram Opto Semiconductors GmbH
Figure 1: Global: LED Chip Market: Major Drivers and Challenges
Figure 2: Global: LED Chip Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: LED Chip Market: Breakup by Product (in %), 2024
Figure 4: Global: LED Chip Market: Breakup by Application (in %), 2024
Figure 5: Global: LED Chip Market: Breakup by Region (in %), 2024
Figure 6: Global: LED Chip Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 7: Global: LED Chip Industry: SWOT Analysis
Figure 8: Global: LED Chip Industry: Value Chain Analysis
Figure 9: Global: LED Chip Industry: Porter's Five Forces Analysis
Figure 10: Global: LED Chip (Blue LED Chips) Market: Sales Value (in Million USD), 2019 & 2024
Figure 11: Global: LED Chip (Blue LED Chips) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 12: Global: LED Chip (Red LED Chips) Market: Sales Value (in Million USD), 2019 & 2024
Figure 13: Global: LED Chip (Red LED Chips) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 14: Global: LED Chip (Green LED Chips) Market: Sales Value (in Million USD), 2019 & 2024
Figure 15: Global: LED Chip (Green LED Chips) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 16: Global: LED Chip (Infrared LED Chips) Market: Sales Value (in Million USD), 2019 & 2024
Figure 17: Global: LED Chip (Infrared LED Chips) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 18: Global: LED Chip (Yellow LED Chips) Market: Sales Value (in Million USD), 2019 & 2024
Figure 19: Global: LED Chip (Yellow LED Chips) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 20: Global: LED Chip (White LED Chips) Market: Sales Value (in Million USD), 2019 & 2024
Figure 21: Global: LED Chip (White LED Chips) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 22: Global: LED Chip (Other Product Types) Market: Sales Value (in Million USD), 2019 & 2024
Figure 23: Global: LED Chip (Other Product Types) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 24: Global: LED Chip (Backlighting) Market: Sales Value (in Million USD), 2019 & 2024
Figure 25: Global: LED Chip (Backlighting) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 26: Global: LED Chip (Illumination) Market: Sales Value (in Million USD), 2019 & 2024
Figure 27: Global: LED Chip (Illumination) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 28: Global: LED Chip (Automotive) Market: Sales Value (in Million USD), 2019 & 2024
Figure 29: Global: LED Chip (Automotive) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 30: Global: LED Chip (Signs and Signal) Market: Sales Value (in Million USD), 2019 & 2024
Figure 31: Global: LED Chip (Signs and Signal) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 32: Global: LED Chip (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
Figure 33: Global: LED Chip (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 34: Asia Pacific: LED Chip Market: Sales Value (in Million USD), 2019 & 2024
Figure 35: Asia Pacific: LED Chip Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 36: Europe: LED Chip Market: Sales Value (in Million USD), 2019 & 2024
Figure 37: Europe: LED Chip Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 38: North America: LED Chip Market: Sales Value (in Million USD), 2019 & 2024
Figure 39: North America: LED Chip Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 40: Middle East and Africa: LED Chip Market: Sales Value (in Million USD), 2019 & 2024
Figure 41: Middle East and Africa: LED Chip Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 42: Latin America: LED Chip Market: Sales Value (in Million USD), 2019 & 2024
Figure 43: Latin America: LED Chip Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 44: LED Chip Manufacturing: Process Flow
Table 1: Global: LED Chip Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: LED Chip Market Forecast: Breakup by Product (in Million USD), 2025-2033
Table 3: Global: LED Chip Market Forecast: Breakup by Application (in Million USD), 2025-2033
Table 4: Global: LED Chip Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 5: LED Chip: Raw Material Requirements
Table 6: Global: LED Chip Market Structure
Table 7: Global: LED Chip Market: Key Players
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security