The report "LED Materials Market by Material Type (Substrate, Wafer, Epitaxy,
Phosphor), Application (General Lighting (Residential, Industrial, Outdoor),
Automotive Lighting (Interior, Exterior), Backlighting), and Region - Global Forecast
to 2021", The market for LED materials is expected to reach USD 12.55 Billion by 2021, at
a CAGR of 9.9% from 2016 to 2021.
Browse 61 market data Tables and 31 Figures spread through 130 Pages and in-depth TOC
on "LED Materials Market"
https://www.marketsandmarkets.com/Market-Reports/led-material-market-
116248392.html
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Asia-Pacific: The largest market for LED materials in 2016
Asia-Pacific is currently the largest market for LED materials. China is the leading country
where there is major consumption of LED materials in end-use industries such as general
lighting, automotive lighting, backlighting, and others. Moreover, the growing population
with rising disposable income in China is driving the demand for better quality LED
materials.
Wafers is the largest type segment of the LED materials market in 2016
LEDs are constructed using the following materials: wafer, epitaxy, substrate, and
phosphor. The wafers segment accounted for the largest market share, in terms of value,
followed by the epitaxy segment in 2016. The wafers segment is also projected to grow at
the highest CAGR from 2016 to 2021, in terms of value.