LED 형광체 시장 규모, 점유율, 성장 분석 : 유형별, 용도별, 지역별 - 산업 예측(2025-2032년)

Global LED Phosphors Market size was valued at USD 1.8 billion in 2023 and is poised to grow from USD 1.95 billion in 2024 to USD 3.78 billion by 2032, growing at a CAGR of 8.6% during the forecast period (2025-2032).

The global LED phosphors market is witnessing significant growth driven by the escalating demand for energy-efficient lighting solutions and advancements in phosphor materials that effectively convert blue or UV light into high-quality white light. This trend is amplified by applications in smart lighting, automotive headlights, and display backlighting for televisions and smartphones. Innovative technologies such as quantum dot phosphors enhance both efficiency and sustainability. The Asia-Pacific region, particularly China, leads in production due to robust manufacturing and favorable policies. However, challenges persist, including environmental concerns related to rare earth elements and supply chain vulnerabilities. Recent incidents have highlighted the need for improved data security, while ethical considerations surrounding the adoption of LED phosphors continue to impact market dynamics.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global LED Phosphors market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global LED Phosphors Market Segments Analysis

Global LED Phosphors Market is segmented by Type, Application and region. Based on Type, the market is segmented into Phosphate, Garnet, Silicate, Nitride and Others. Based on Application, the market is segmented into Automotive, Portable PCs, Smartphones, Flat Panel TVs, Signage, Lighting and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global LED Phosphors Market

The global demand for LED phosphors is significantly driven by the escalating emphasis on energy conservation and sustainability, along with regulatory frameworks aimed at promoting green lighting solutions. The implementation of policies like the EU Ecodesign Directive and China's Green Lighting Policy further fuels this trend. Phosphors play a crucial role in enhancing the efficiency and luminous output of LEDs, making their application vital across various sectors, including smart lighting, automotive, and consumer electronics. This increasing reliance on LED technology is poised to accelerate market growth, with projections indicating that LEDs could eventually dominate a substantial portion of global lighting applications.

Restraints in the Global LED Phosphors Market

The Global LED Phosphors market faces significant constraints due to the heavy reliance on rare earth elements like yttrium and europium, with over 80% of these materials being sourced from China. This concentration raises concerns regarding supply chain stability and price fluctuations. Additionally, geopolitical tensions and potential export restrictions can disrupt access to these critical materials, leading to increased production costs for companies within the industry. Consequently, these challenges may impede the growth and profitability of businesses operating in the LED phosphors sector, as they adapt to an uncertain and rapidly changing market environment.

Market Trends of the Global LED Phosphors Market

The Global LED Phosphors market is experiencing a significant shift towards the utilization of quantum dot phosphors, driven by their superior performance in color rendering, brightness, and energy efficiency. With light emission accuracy achieving color rendering indices (CRI) above 90 and a remarkable 20% improvement in luminous efficacy, quantum dot phosphors are becoming the preferred choice for high-end applications such as 4K/8K TV panels, smart lighting solutions, and automotive headlights. Major brands, such as LG with their NanoCell TVs, are leveraging this technology to produce vibrant colors while enhancing energy conservation, appealing to environmentally conscious consumers. This trend indicates a growing demand for innovative and efficient LED solutions in the market.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Customer Buying Behavior Analysis

Global LED Phosphors Market Size by Type & CAGR (2025-2032)

• Market Overview
• Phosphate
• Garnet
• Silicate
• Nitride
• Others

Global LED Phosphors Market Size by Application & CAGR (2025-2032)

• Market Overview
• Automotive
• Portable PCs
• Smartphones
• Flat Panel TVs
• Signage
• Lighting
• Others

Global LED Phosphors Market Size & CAGR (2025-2032)

• North America (Type, Application)
  • US
  • Canada
• Europe (Type, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Stanley Electric Co. Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Avago Technologies
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Osram Sylvania Inc. (OSRAM GmbH)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• General Electric Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Edison Opto Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kingbright Electronic Co.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Universal Display Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nichia Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Epistar Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Philips Lumileds Lighting Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Seoul Semiconductor Co. Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Citizen Electronics Co. Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cree Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations