High Brightness LED Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The high brightness led market size has grown strongly in recent years. It will grow from $23.59 billion in 2024 to $25.71 billion in 2025 at a compound annual growth rate (CAGR) of 9%. The growth in the historic period can be attributed to energy efficiency regulations, declining LED prices, environmental awareness, government incentives.

The high brightness led market size is expected to see strong growth in the next few years. It will grow to $35.84 billion in 2029 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to urbanization trends, smart city initiatives, increased demand for automotive lighting, growing adoption of OLED technology, expansion of IoT applications. Major trends in the forecast period include advancements in horticulture lighting, rise of UV LED applications, integration of high brightness LEDs in wearables, increasing penetration in healthcare lighting.

The surging global demand for electronic devices is anticipated to drive the growth of the high-brightness LED (HB-LED) market. Electronic devices are essential for controlling electrical currents used in data processing and system management. Factors such as technological advancements, lifestyle shifts, expansion in emerging markets, and increased environmental consciousness are fueling this demand. High-brightness LEDs are favored in the electronics industry for their high performance, energy efficiency, and flexible design capabilities, particularly in consumer electronics. As reported in August 2022 by the Pomodoro Timer, a simple web-based timer platform based in Ukraine, revenues from technical electronic devices totaled $14.21 billion in 2022, with projections indicating a 17% growth by 2025. Therefore, the surging global demand for electronic devices drives the high-brightness LED (HB-LED) market.

Leading companies in the high-brightness LED market are focused on developing innovative LEDs for large-format, high-resolution video screens to improve visual performance, energy efficiency, and durability. These advancements address the growing need for vibrant, reliable displays in areas such as digital signage, sports arenas, and outdoor advertising. Engineered to provide exceptional clarity and brightness, these LEDs are essential for large-format, high-resolution displays commonly used in outdoor billboards, stadiums, and digital signage. For example, in February 2023, Cree LED, a US-based LED solutions provider, introduced three new surface mount diode (SMD) LEDs specifically designed for large-format, high-resolution video screens. These products are intended to enhance image quality and reliability across diverse display environments, including stadiums, airports, command centers, and outdoor signage. Each LED delivers high brightness for vibrant colors and clear visibility, even in challenging lighting, and is built to endure harsh environmental conditions, making it suitable for both indoor and outdoor use.

In November 2023, Acuity Brands, a U.S.-based provider of lighting and building management solutions, acquired the Arize line of horticulture lighting products from Current Lighting Solutions LLC for an undisclosed amount. This acquisition aims to expand Acuity Brands' capabilities in the horticulture lighting market, positioning the company to meet the rising demand for advanced lighting solutions in controlled environment agriculture. This initiative will help growers boost productivity while reducing energy usage. Current Lighting Solutions LLC is a U.S.-based company specializing in high-brightness LED products.

Major companies operating in the high brightness LED market are Samsung Electronics Co. Ltd., LG Electronics, General Electric Company, Broadcom, Eaton Technologies, Koninklijke Philips N.V., Toyoda Gosei Co. Ltd., Lite-On Technology Corporation, OSRAM Licht, Seoul Semiconductor Co. Ltd., Everlight Electronics Co. Ltd., Viewsonic Corporation, Cree LED, Lumileds Holding B.V., Moritex Corporation, Lumex, Plessey, Kingbright Company LLC., Genesis Photonics Inc., Intematix Corporation, Luckylight Electronics Co. Ltd., Epistar Corporation, Nichia Corporation, American Bright Optoelectronics Corporation, Syska.

Asia-Pacific was the largest region in the high brightness LED market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the high brightness led market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the high brightness led market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The high brightness LED market consists of sales of products, including LED bulbs and lamps, LED strips and modules, LED displays and screens, traffic signals and signs, and flashlights and portable lighting devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

High-brightness LEDs (Light Emitting Diodes) are a category of LEDs known for emitting powerful light while still being energy-efficient and durable. These LEDs are frequently utilized in applications such as automotive lighting, signage, outdoor lighting, and display screens. They generate intense illumination due to advanced technology, providing advantages such as reduced energy consumption, extended lifespan, and quicker response times in comparison to conventional lighting solutions.

The primary categories of high-brightness LEDs are differentiated by voltage ratings, specifically 6V, 12V, and 24V. High-brightness LEDs that are rated at 6V require a forward voltage of approximately 6 volts for optimal operation. These LEDs can be manufactured using various technologies, including mesa, flip chip, and vertical. They are available through multiple distribution channels, both offline and online. High-brightness LEDs are versatile and used in a wide range of applications, such as automotive lighting, general lighting, backlighting, mobile devices, signals and signage, among others. Their end users span across commercial, residential, and industrial sectors, among others.

The high brightness LED market research report is one of a series of new reports that provides high brightness LED market statistics, including high brightness LED industry global market size, regional shares, competitors with a high brightness LED market share, detailed high brightness LED market segments, market trends and opportunities, and any further data you may need to thrive in the high brightness LED industry. This high-brightness LED market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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