Global LED Phosphor Market is expected to reach $6.37 billion 2027 growing at a CAGR 19.1% during 2018 to 2027.

Some of the key players in LED Phosphor Market include Avago Technologies, Citizen Electronics Co. Ltd, Cree Inc, Denka Co. Ltd, Edison Opto Corporation, Intematix Corporation, Kingbright Elec. Co, and Yuji International Co. Ltd.

Some of the key factors such as growing prevalence for the devices which consume less energy and increasing concern towards the environment safety are driving the market growth during the forecast period. However, poor colour rendering compared to conventional incandescent bulbs is the restraining factor for the growth of the market.

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A LED phosphor is defined as a substance that emits light, when exposed to radiation such as electron beam, or an ultraviolet light. Different phosphors have different distinctive colours of emission and phase of time through which light is emitted after excitation ceases. Phosphors are necessary in LED technology as phosphor chemistry and composition largely determine an LED’s efficiency, stability and light quality.

By application, automotive segment is expected to grow at the significant market share during the forecast period due to the fall in the prices that has helped the LED phosphor spread to a range of categories of vehicles. The external lighting of vehicles drives the automotive lighting.

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On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the countries such as Japan, China, and South Korea are broadly involved in manufacturing process of consumer electronics such as LCD TV & displays and LED, lighting equipment, portable PCs such as laptops & smart phones, and automotive parts.

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Product Types Covered:
• Nitride Phosphors
• Silicate Phosphors
• Aluminate Phosphors
• Garnet Phosphors

Materials Covered:
• Silver-Activated Zinc Sulfide
• Copper-Activated Zinc Sulfide

Technologies Covered:
• Modular Light Engine
• Direct Contact
• Remote Phosphor
• Package Free
• Thin Film
• Embedded LED Chip (ELC)
• Other Technologies

Colours Covered:
• Green Phosphor
• Red Phosphor
• Red-Orange Phosphor
• Blue Phosphor
• Yellow Phosphor

Applications Covered:
• Portable PC’s (Netbooks)
• Residential
• Automotive
• Liquid-Crystal-Display Televisions (LCD TV)
• Smartphones
• Laptops/Tablets
• Commercial
• Consumer Electronics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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