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SMD LEDs Market, Global Outlook and Forecast 2023-2030

The global SMD LEDs market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global SMD LEDs market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global SMD LEDs market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global SMD LEDs market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

An SMD LED Module (surface-mount device light-emitting diode module) is a type of LED module that uses surface-mount technology (SMT) to mount LED chips on printed circuit boards (PCB). It is a self-contained surface-mount LED device designed either to function on its own or to plug into a compatible unit.
This report aims to provide a comprehensive presentation of the global market for SMD LEDs, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SMD LEDs. This report contains market size and forecasts of SMD LEDs in global, including the following market information:

  • Global SMD LEDs Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global SMD LEDs Market Sales, 2018-2023, 2024-2030, (K Units)
  • Global top five SMD LEDs companies in 2022 (%)

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
5050 SMD LED Module Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of SMD LEDs include Bridgelux, Inc, EVERLIGHT, ITW Group, Sun Top Electronics, Philips Lighting, Nichia, SAMSUNG, EPISTAR and Cree, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the SMD LEDs manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global SMD LEDs Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global SMD LEDs Market Segment Percentages, by Type, 2022 (%)

  • 5050 SMD LED Module
  • 3528 SMD LED Module
  • 3020 SMD LED Module
  • 5630 SMD LED Module
  • Others

Global SMD LEDs Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global SMD LEDs Market Segment Percentages, by Application, 2022 (%)

  • Home Illumination
  • Shop-Windows
  • Advertising
  • Automobile Interior Lighting
  • Others

Global SMD LEDs Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global SMD LEDs Market Segment Percentages, By Region and Country, 2022 (%)

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies SMD LEDs revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies SMD LEDs revenues share in global market, 2022 (%)
  • Key companies SMD LEDs sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies SMD LEDs sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Bridgelux, Inc
  • EVERLIGHT
  • ITW Group
  • Sun Top Electronics
  • Philips Lighting
  • Nichia
  • SAMSUNG
  • EPISTAR
  • Cree
  • Osram
  • LG Innotek
  • Toyoda Gosei
  • Semileds

Outline of Major Chapters:
Chapter 1: Introduces the definition of SMD LEDs, market overview.
Chapter 2: Global SMD LEDs market size in revenue and volume.
Chapter 3: Detailed analysis of SMD LEDs manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of SMD LEDs in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global SMD LEDs capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.