LED, or Light Emitting Diode, is the most recent lighting technology that produces photons via semiconductor materials. LEDs are small and durable; they are widely becoming usable in a variety of applications, including general lighting, advertising, traffic signals, automotive headlights, and medical devices. LEDs have low manufacturing costs and high efficiency, which also helps to reduce costs and save energy. According to the latest market research report, the global LED market will be worth nearly 100 billion dollars by 2023, with a CAGR of almost 10% over the forecast period.
(1) Signify (Philips Lighting)
Signify, headquartered in Eindhoven, the Netherlands, is the world’s most recognized lighting brand and one of the top ten largest LED lighting companies. Today, the company’s Philips brand remains a global market leader with notable expertise in the manufacturing, development, and application of innovative LED lighting solutions for both home and professional applications. Hue personal wireless lighting, Bulbs, Luminaries, LED lights, Conventional lamps & tubes, Indoor and Outdoor luminaires are all available from Philips. The company’s revenue in 2019 was $7.2 billion.
(2) Samsung LED
It is the lighting and LED solution division of Samsung Group, a South Korean multinational electronics conglomerate headquartered in Samsung Town, Seoul. Samsung LED has grown to become one of the world’s leading suppliers of LED lighting systems, including modules for use in displays, mobile devices, automotive, and smart lighting solutions. Samsung’s expertise in semiconductor manufacturing and information technology is critical to the continued innovation and delivery of cutting-edge LED devices.
(3) Acuity Brands Inc
It is one of the world’s largest LED lighting companies and provides a diverse range of indoor and outdoor lighting solutions appropriate for any application or environment. Lithonia Lighting, Aculux, Holophane, A-Lights, Antique Street Lamps, American Electric Lighting, Atrius, Cyclone, DGLogik, Distech Controls, DTL, Gotham, eldoLED, Eureka, Healthcare Lighting, Indy, Hydrel, IOTA, and other brands are the ones that the company sells. Acuity Brands’ total revenue in 2019 was $3.7 billion.
Cree has long been one of the world’s largest LED lighting companies, with a core business in producing LEDs and semiconductor products for many industries. Cree, headquartered in North Carolina, USA, offers the industry’s broadest portfolio of high-performance LED components, including LED arrays, discrete LEDs, and LED modules for lighting and displays. J Series LEDs, XLamp LEDs, High-Brightness LEDs, and LED Modules & Accessories for video screens, displays, and signage are its main LED products. Its revenue in 2019 was $1.1 billion.
Nichia is one of the top ten LED lighting companies globally in terms of revenue generated from LED package sales. Nichia, headquartered in Anan, Japan, specializes in producing LEDs for displays, LCD backlighting, automotive, and general lighting. In addition, the company has a credit in developing the world’s first Blue LED, and White LED in 1993. The development of these Nitride-based LED, and laser diodes result in light source technological innovation in display, general lighting, automotive, industrial equipment, and medical care and measurement. Nichia’s revenue in 2019 was $3.6 billion.
It is a German-based and world-leading lighting supplier with headquarters in Munich. They make lams, projection systems, optoelectronic semiconductors such as LEDs, infrared LEDs, optical sensors, laser diodes for visible and infrared light, lighting solutions, luminaires, and associated light management systems, as well as all lighting electronics products. They are primarily interested in semiconductor-based technologies.
(7) Seoul Semiconductor
Seoul Semiconductor is South Korea’s leading LED manufacturer, with over 12,000 LED lighting patents. Many notable modules have been produced by them, including the WICOP Series, the 4040 Series, Acrich Modules, SunLike, Filament COB, and DC Modules. They are specialized in producing LEDs for the automotive, backlighting, and general lighting markets.
It is based in Taiwan and is one of the world’s largest LED lighting manufacturers in terms of volume. Their revenue in 2019 surpassed $150 million. Everlight provides a wide range of products, including high-power LEDs, SMD LEDs, lighting components, lamps, digital displays, LED lighting modules, optocouplers, and infrared components for various industries. UVA Series, COB Series, Flash LED, Horticulture LED, and LED Lamps are examples of crucial LED products.
(9) GE Lighting
Their headquarters are in East Cleveland, Ohio, in the United States. They specialize in producing LED lighting applications and home light bulbs. It is yet another of the world’s leading manufacturers, with millions of customers worldwide. Its eye-catching products include the GE LED, GE relax HD, GE reveal HD+, GE refresh HD, C Sol by GE, and C-Sleep by GE.
Sharp, a Japanese electronics conglomerate, is also a global leader in LED technology, having created the ZENIGATA LED, a development that has led the market to this day. Their products have a very long service life, a high system efficiency, optimal lighting design and visual comfort, and are environmentally friendly. Since 2012, they have expanded into various countries.