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Home » Chemicals and Materials » LED Phosphor Market Size, Share Report

LED Phosphor Market By Phosphor Type (Yellow Phosphor, Red Phosphor, Green Phosphor, Blue Phosphor, White Phosphor, Multi-Color Phosphor); By Application (General Lighting [Residential, Commercial, Industrial], Automotive Lighting [Headlights, Interior Lighting], Consumer Electronics [Displays, Backlighting for TVs and Monitors], Architectural Lighting [Indoor and Outdoor], Specialty Lighting [Medical Devices, Horticulture Lighting], Outdoor Lighting [Streetlights, Stadium Lighting]); By End-User Industry (Automotive, Consumer Electronics, Residential & Commercial Buildings, Healthcare, Agriculture [Horticulture], Industrial & Warehouse Facilities); By Technology (SMD [Surface-Mount Device] LEDs, COB [Chip-on-Board] LEDs, Filament LEDs, High Power LEDs); By Form (Powder Phosphor, Ceramic Phosphor, Coated Phosphor); By Geography, Segment revenue estimation, Forecast, 2024-2032.

Published On: OCT-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 10553909

The led phosphor market was worth USD 1.5 billion in 2023 and will be worth USD 2.73 billion by 2030, growing at a CAGR of 7.8% during the forecast period.

 

The LED Phosphor market is expected to grow due to the rising global demand for efficient energy and the increasing use of LEDs in vehicles, homes, and buildings. The global LED industry is also set to expand at a rate higher than 10% CAGR through 2030, owing to surrounding conservations by governments and corporates. LED phosphors are critical in enhancing the quality and efficacy of LED lights and, hence, are significant in this growth. In this industry, Nichia Corporation has recently introduced a new series of phosphors for cars and displays in 2023, marking a continuous advancement. The shift toward smart cities and the continuous growth of the EV market, which depends on LED lighting, creates even more demand for higher brightness and efficiency for phosphor materials.

 

The LED Phosphor market offers major opportunities because the global quest for energy-efficient and eco-friendly lighting products is increasing. LED lighting is set to grow over $100 billion by 2030, benefiting from the added functionality of smart and connected lighting and its adoption in automotive, consumer electronics, and architectural applications. For the automotive industry and specifically for electric vehicle models, in 2023, Osram presents a new range of high-efficiency phosphors for automotive headlights that deliver more brightness while having longer useful life. The increasing popularity of smart city models that utilize intelligent lighting also offers a chance to develop progressively superior, more efficient LED phosphors. Therefore, the potential market of high-performance phosphors is expected to expand persistently larger when more industries start inquiring about inventive and efficient lighting technologies.

 

Market Segmentation

By Phosphor Type:

  • Yellow Phosphor

  • Red Phosphor

  • Green Phosphor

  • Blue Phosphor

  • White Phosphor

  • Multi-Color Phosphor

 

By Application:

  • General Lighting (Residential, Commercial, Industrial)

  • Automotive Lighting (Headlights, Interior Lighting)

  • Consumer Electronics (Displays, Backlighting for TVs and Monitors)

  • Architectural Lighting (Indoor and Outdoor)

  • Specialty Lighting (Medical Devices, Horticulture Lighting)

  • Outdoor Lighting (Streetlights, Stadium Lighting)

 

By End-User Industry:

  • Automotive

  • Consumer Electronics

  • Residential & Commercial Buildings

  • Healthcare

  • Agriculture (Horticulture)

  • Industrial & Warehouse Facilities

 

By Technology:

  • SMD (Surface-Mount Device) LEDs

  • COB (Chip-on-Board) LEDs

  • Filament LEDs

  • High Power LEDs

 

By Form:                                                                                                                                  

  • Powder Phosphor

  • Ceramic Phosphor

  • Coated Phosphor

 

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

 

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

The Asia-Pacific region primarily leads the LED Phosphor market, and this is LES attributable to its standing as the production epicenter of LEDs and related components and lighting products. LED lighting equipment and product manufacturing is highly concentrated within this region. Companies from countries such as China, Japan, and South Korea are at the forefront of LED manufacturing and innovation. China has already invested a lot in enhancing its LED production capacity, and in 2023, the Chinese government provided new subsidies for the development of energy-saving lighting, including exotic phosphor materials. However, new products are still being unveiled in the market such as high-performance phosphor from Nichia Corporation of Japan that can improve LED brightness and efficiency. Prominent government support in LED manufacturing and increased LED phosphor consumption make the Asia-Pacific the dominant region in the LED phosphor market and among the key drivers of development and innovations.

 

Key Players

  • Nichia Corporation

  • Osram Opto Semiconductors GmbH

  • Lumileds Holding B.V.

  • Seoul Semiconductor Co., Ltd.

  • Cree, Inc.

  • Intematix Corporation

  • Philips Lumileds

  • Toshiba Materials Co., Ltd.

  • Merck KGaA

  • Stanley Electric Co., Ltd.

Frequently Asked Question About This Report

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Table of Contents

1.    LED PHOSPHOR MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    LED PHOSPHOR MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – LED PHOSPHOR MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market By Phosphor Type of LED PHOSPHOR and End-Use Outlook Analysis
4.    HISTORIC TRENDS IN LED PHOSPHOR MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA LED PHOSPHOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America LED PHOSPHOR Historical Market ($MILLION), (2017 – 2023)
6.2. North America LED PHOSPHOR Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Phosphor Type
6.3.1. Yellow Phosphor
6.3.2. Red Phosphor
6.3.3. Green Phosphor
6.3.4. Blue Phosphor
6.3.5. White Phosphor
6.3.6. Multi-Color Phosphor
6.4. North America LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
6.4.1. General Lighting (Residential, Commercial, Industrial)
6.4.2. Automotive Lighting (Headlights, Interior Lighting)
6.4.3. Consumer Electronics (Displays, Backlighting for TVs and Monitors)
6.4.4. Architectural Lighting (Indoor and Outdoor)
6.4.5. Specialty Lighting (Medical Devices, Horticulture Lighting)
6.4.6. Outdoor Lighting (Streetlights, Stadium Lighting)
6.5. North America LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
6.5.1. SMD (Surface-Mount Device) LEDs
6.5.2. COB (Chip-on-Board) LEDs
6.5.3. Filament LEDs
6.5.4. High Power LEDs
6.6. North America LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
6.6.1. Automotive
6.6.2. Consumer Electronics
6.6.3. Residential & Commercial Buildings
6.6.4. Healthcare
6.6.5. Agriculture (Horticulture)
6.6.6. Industrial & Warehouse Facilities
6.7. North America LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.7.1. USA
6.7.2. Canada
6.7.3. Rest of North America
7.    USA LED PHOSPHOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE LED PHOSPHOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe LED PHOSPHOR Historical Market ($MILLION), (2017 – 2023)
8.2. Europe LED PHOSPHOR Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Phosphor Type
8.4. Europe LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
8.5. Europe LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
8.6. Europe LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
8.7. Europe LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.7.1. Germany
8.7.2. France
8.7.3. UK
8.7.4. Italy
8.7.5. Spain
8.7.6. Rest of Europe
9.    APAC LED PHOSPHOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC LED PHOSPHOR Historical Market ($MILLION), (2017 – 2023)
9.2. APAC LED PHOSPHOR Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Phosphor Type
9.4. APAC LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
9.5. APAC LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
9.6. APAC LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
9.7. APAC LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.7.1. China
9.7.2. Japan
9.7.3. South Korea
9.7.4. India
9.7.5. Australia
9.7.6. Rest of APAC
10.    LATIN AMERICA LED PHOSPHOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America LED PHOSPHOR Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America LED PHOSPHOR Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Phosphor Type
10.4. Latin America LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
10.5. Latin America LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
10.6. Latin America LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
10.7. Latin America LED PHOSPHOR Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.7.1. Brazil
10.7.2. Argentina
10.7.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. NICHIA CORPORATION
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. Osram Opto Semiconductors GmbH
11.3. Lumileds Holding B.V.
11.4. Seoul Semiconductor Co., Ltd.
11.5. Cree, Inc.
11.6. Intematix Corporation
11.7. Philips Lumileds
11.8. Toshiba Materials Co., Ltd.
11.9. OTHER MARKET PLAYERS