Report overview
The global LED Engine market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Convex Mirror Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of LED Engine include Broadcom Limited, CreeLED, Inc., Dialight, Inspired LED, LLC, JKL Components Corp., Kitronik Ltd., LEDdynamics Inc., Lumileds and NEW TRY, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
An LED engine is a stand-alone module that integrates functions such as an LED light source, optical components, and a thermal management system to produce high-brightness, high-efficiency LED light output. It usually includes one or more LED lamp beads, an optical lens or reflector, heat sink, power drive circuit and other components, aiming to provide a convenient, reliable and easy-to-install LED lighting solution. LED engines are usually used in lighting fields, such as LED lamps, street lights, car lights, stage lights, etc. The LED engine can provide high brightness light output with high energy efficiency and long life. It integrates optical elements, such as lenses or reflectors, that control and direct the LED light to achieve the desired lighting effect. At the same time, the LED engine usually includes a heat sink and a power drive circuit to manage the heat and power supply of the LED to ensure the normal operation and long life of the LED.
This report aims to provide a comprehensive presentation of the global market for LED Engine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LED Engine. This report contains market size and forecasts of LED Engine in global, including the following market information:
Global LED Engine Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global LED Engine Market Sales, 2019-2024, 2025-2030, (K Units)
Global top five LED Engine companies in 2023 (%)
We surveyed the LED Engine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LED Engine Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global LED Engine Market Segment Percentages, by Type, 2023 (%)
Convex Mirror
Flat
Tubular
Other
Global LED Engine Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global LED Engine Market Segment Percentages, by Application, 2023 (%)
Street Light
Headlights
Stage Lights
Other
Global LED Engine Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global LED Engine Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LED Engine revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies LED Engine revenues share in global market, 2023 (%)
Key companies LED Engine sales in global market, 2019-2024 (Estimated), (K Units)
Key companies LED Engine sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Broadcom Limited
CreeLED, Inc.
Dialight
Inspired LED, LLC
JKL Components Corp.
Kitronik Ltd.
LEDdynamics Inc.
Lumileds
NEW TRY
Phoenix Contact
QT Brightek
Samsung Semiconductor, Inc.
Seeed Technology Co, Ltd
Seoul Semiconductor Inc.
TE Connectivity
Thomas Research Products
TT Electronics
Weidmiller
Outline of Major Chapters:
Chapter 1: Introduces the definition of LED Engine, market overview.
Chapter 2: Global LED Engine market size in revenue and volume.
Chapter 3: Detailed analysis of LED Engine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of LED Engine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global LED Engine capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
