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New report shares details about the Global high brightness LED market that will grow at a CAGR of 25.46% to 2022

New report shares details about the Global high brightness LED market that will grow at a CAGR of 25.46% to 2022

2017-2022 Global And Regional High-Brightness LED Industry Production, Sales And Consumption Status And Prospects Professional Market Research Report

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The Global “High Brightness LED market Make an Inquiry about this news” is expected to grow from an estimated USD 27.28 billion in 2017 to USD 12.30 Billion by 2022, at a CAGR of 16.46 from 2017 to 2022. Increased use of motors across major industries, growing agricultural sector, and transition toward energy-efficient motors are the major factors driving the High Brightness LED market across the globe.

The High Brightness LED market in this report has been classified based on type into the following segments, namely, AC & DC motors. The AC motors segment dominated the High Brightness LED market in 2016.

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With the growing demand for AC motors in various industries such as paper & pulp, cement, wastewater treatment and chemicals, the AC motors market is expected to grow during the forecast period. Hence, the market size of the AC motors segment is the largest.

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The Global High Brightness LED market is growing significantly, due to high potential of subscription model. During the forecast period, the providers segment is expected to hold the largest share, among all the end user segments of the global High Brightness LED market, due to its extensive use for maintaining patient records and management revenue cycle.

However, the residential segment is expected to grow with the highest rate during the forecasted period, due to increasing use of behavioral/ mental health solution by patients in their homes for better self-care. Among the various delivery models of mental health software, the subscription model segment is expected to grow with the faster rate, as it is user friendly and cost effective.

Moreover, the support services led the component segment of the market, due to recurring requirement of these services for software up-gradation and management.

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This report on the High Brightness LED market industry includes data and statistics between the year 2017 and 2022 that will answer your business queries and offer you insights into the industry. The base year for this professional study is 2016 with 2017 being the estimated year and 2017, the projection year.

Major companies are as follows:

Cree; Inc.

Epistar Corp

Mouser

Philips Lumileds

Moritex Corporation

Samsung Electronics Co Ltd

Seoul semiconductor

Osram Opto Semiconductor

American Bright Optoelectronics Corps

Nichia Corporation

Deep analysis about market status (2012-2017), enterprise competition pattern, advantages and disadvantages of enterprise Products, industry development trends (2017-2022), regional industrial layout characteristics and macroeconomic policies, industrial policy has also be included. From raw materials to downstream buyers of this industry will be analyzed scientifically, the feature of product circulation and sales channel will be presented as well.

Major classifications are as follows:

Big Size

Small Size

Other

Major applications are as follows:

Automotive

General Lighting

Backlighting

Major regions are as follows:

Europe

North America

China

Japan

Southeast Asia

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