LED Materials Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global LED Materials Market Size and it is segmented by type (wafer, substrate, epitaxy, and others), material (indium gallide nitrile, aluminum gallium indium phosphide, aluminum gallium arsenide, gallium phosphide, and others), application (general lighting, automotive lighting, consumer electronics, backlighting, and others), and Geography.

LED Materials Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

LED Materials Market Size

LED Material Market Size
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 9.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

LED Material Market Key Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of LED Material Market with other markets in Chemicals & Materials Industry

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LED Materials Market Analysis

The LED Material Market is expected to register a CAGR of greater than 9% during the forecast period.

  • However, the environmental threats related to lead, nickel, and copper present in some LEDs are likely to hinder the growth of the studied market. Moreover, the temporary halt in production due to unfavorable conditions arising from the COVID-19 outbreak is also expected to hamper the market growth.
  • The research and technological development in Li-Fi are likely to provide opportunities for the LED material market over the next five years.
  • The Asia-Pacific region dominated the LED material market, owing to the growing application of LED Material in general lighting for residential and commercial purposes in the region.

LED Materials Industry Overview

The global LED Material market is fragmented in nature with some large players and many small players operating in the market. While some of the prominent players in the market include Nichia Corporation, Cree Inc., Intematix Corporation, OSRAM Opto Semiconductors GmbH, and EPISTAR Corporation, among others.

LED Materials Market Leaders

  1. Nichia Corporation

  2. Wolfspeed, A Cree Company

  3. Intematix Corporation

  4. OSRAM Opto Semiconductors GmbH

  5. EPISTAR Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Nichia Corporation, Wolfspeed, A Cree Company, Intematix Corporation, OSRAM Opto Semiconductors GmbH, EPISTAR Corporation
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LED Materials Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Demand from Residential and Commercial Application
    • 4.1.2 Rising Demand from Energy Efficient Lighting
  • 4.2 Restraints
    • 4.2.1 Environmental Threats related to Lead and Copper in Some LED
    • 4.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Wafer
    • 5.1.2 Substrate
    • 5.1.3 Epitaxy
    • 5.1.4 Others
  • 5.2 Material
    • 5.2.1 Indium Gallide Nitrile
    • 5.2.2 Aluminum Gallium Indium Phosphide
    • 5.2.3 Aluminum Gallium Arsenide
    • 5.2.4 Gallium Phosphide
    • 5.2.5 Others
  • 5.3 Application
    • 5.3.1 Consumer Electronics
    • 5.3.2 General Lighting
    • 5.3.3 Automotive Lighting
    • 5.3.4 Backlighting
    • 5.3.5 Others
  • 5.4 Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)/Ranking Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 EpiGaN
    • 6.4.2 EPISTAR Corporation
    • 6.4.3 Intematix Corporation
    • 6.4.4 Lumileds Holding BV
    • 6.4.5 My Sunlight
    • 6.4.6 NICHIA CORPORATION
    • 6.4.7 OSRAM Opto Semiconductors GmbH
    • 6.4.8 Seoul Semiconductor Co. Ltd
    • 6.4.9 Sumitomo Bakelite Co. Ltd
    • 6.4.10 Wolfspeed, A Cree Company
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Research and Development in Li-Fi
  • 7.2 Other Oppurtunities
**Subject to Availability
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LED Materials Industry Segmentation

A Light Emitting Diode or LED is a device that emits light when an electrical current is passed through it. Earlier LEDs were able to produce only red light, but modern LEDs can produce multiple colors. The market study comprises Types such as wafers, substrates, and others including various materials such as Indium Gallide Nitrile, Aluminium Gallium Indium Phosphide, and other materials providing lighting applications to various end-user such as consumer electronics, general lighting, automotive, etc. 

Type Wafer
Substrate
Epitaxy
Others
Material Indium Gallide Nitrile
Aluminum Gallium Indium Phosphide
Aluminum Gallium Arsenide
Gallium Phosphide
Others
Application Consumer Electronics
General Lighting
Automotive Lighting
Backlighting
Others
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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LED Materials Market Research FAQs

What is the current LED Material Market size?

The LED Material Market is projected to register a CAGR of greater than 9% during the forecast period (2025-2030)

Who are the key players in LED Material Market?

Nichia Corporation, Wolfspeed, A Cree Company, Intematix Corporation, OSRAM Opto Semiconductors GmbH and EPISTAR Corporation are the major companies operating in the LED Material Market.

Which is the fastest growing region in LED Material Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in LED Material Market?

In 2025, the Asia Pacific accounts for the largest market share in LED Material Market.

What years does this LED Material Market cover?

The report covers the LED Material Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the LED Material Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

LED Materials Industry Report

Statistics for the 2025 LED Material market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. LED Material analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.