Shining Brighter: Unleashing the Potential of High Power LEDs in Various Industries

LED stands for Light Emitting Diode and is a type of diode that turns electrical energy into light. A diode is an electrical component that functions in only one direction. An LED emits light when electricity flows from one direction, from Anode to Cathode.

High power LED industry is projected to rise in the coming years. It is led by a widening LED application base in the automotive industry, and rising government initiatives to encourage energy conservation and efficiency.

Under the wattage segment, the 3 to 4.9 Watts (W) category captures a significant share of the industry, led by the wide adoption of 3-to-4.9-Watt high power LED lights in sign, signal, automobile, and general lighting applications. In addition, the rising usage of such lights in both indoor and outdoor lighting systems in the commercial, residential and industrial sectors is projected to retain dominance in the near future.

APAC captures the extensive industry share, where the major contributors are China, India, and Japan. The high-power LED industry growth in such countries, is led by the burgeoning demand for eco-friendly and energy-saving lights in roads, buildings, and railways. Along with this, the smart city project in China boosts the requirement for high-power LED lights.

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Apart from these, the motion activation and adaptive lighting technologies of smart LED lights contribute to decreasing the financial burden on businesses and households due to the indoor environment provided by them with alteration of the lights' color, as per mood and choice.

The high-power LED industry is fragmented, led by the massive presence of regional and global players. The major key players operating in the industry are Osram Licht AG, Nichia Corporation, and Lumileds Holdings B.V. Such companies are increasingly focused on introducing new products in the industry to improve their position.