LED 형광체 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the LED phosphors market size is expected to grow from USD 0.52 billion in 2025 to USD 0.61 billion in 2026 and reach USD 1.02 billion by 2031, at a CAGR of 10.83% during the forecast period (2026-2031).

This report is Segmented by Phosphor Material (Nitride-Based, Silicate Phosphors, and More), Emission Color (Cool White, Warm White, and More), Application (Smartphones, LCD Televisions, Laptops and Tablets, Automotive Lighting, and More), End-Use Industry (Consumer Electronics OEMs, Automotive OEMs, Display Panel Manufacturers, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Global LED Phosphors Market Trends and Insights

Surge in Global Smart-Lighting Deployments

Municipal retrofits from high-pressure sodium to connected LED arrays are amplifying orders for multi-phosphor blends capable of delivering correlated color temperatures spanning 2 700 K-6 500 K while supporting dim-to-warm control algorithms. North American cities installed more than 8.5 million smart streetlight nodes in 2024, a 34% year-over-year increase, and similar initiatives are scaling across Europe and Asia Pacific. These projects elevate demand for phosphors with low thermal drift and tight binning tolerances, attributes now embedded into most public tender specifications. Smart-building upgrades add further pull, with intelligent lighting controls expected to cut global lighting electricity use 19% by 2030. As ultraviolet disinfection modules become standard in healthcare and hospitality fixtures, inventories of UV-capable phosphors have tightened, reinforcing a favorable price trend for niche suppliers.

Government Energy-Efficiency Mandates for Solid-State Lighting

Standards adopted in the United States, Europe, and China since 2024 require efficacy levels that only high-conversion phosphor systems can deliver. The U.S. floor for commercial luminaires moved to 150 lm/W in January 2025, pushing OEMs toward YAG:Ce and nitride red blends that minimize Stokes losses. Europe's updated Ecodesign rules added color-quality metrics, effectively sidelining low-CRI phosphor mixes, while China linked subsidies to 180 lm/W thresholds, accelerating demand for narrow-band green and red emitters. Collectively, these mandates compress the addressable space for low-performance chemistries and accelerate the LED phosphors market shift toward premium formulations.

Volatility in Rare-Earth Oxide Supply and Pricing

China supplied 70% of global rare-earth output and more than 90% of refining volume in 2024, a concentration that enabled export quotas to lift europium oxide spot prices 22% in early 2025. Phosphor makers outside Asia absorbed raw-material cost spikes that narrowed margins or forced reformulations with inferior CRI. Although new Australian and U.S. refining projects are scheduled for full capacity by late 2026, combined output covers less than 8% of forecast demand, leaving the LED phosphors market exposed to geopolitical shocks.

Other drivers and restraints analyzed in the detailed report include:

1. Expanding Display-Panel Production Capacities in Asia
2. Quantum-Dot/LED Phosphor Hybrid Solutions Gaining Traction
3. High Cost of High-CRI Narrow-Band Red Phosphors

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Nitride materials controlled 40.32% of LED phosphors market share in 2025 and are projected to register an 11.01% CAGR through 2031. The LED phosphors market size for nitride blends is expanding on the back of adaptive-driving-beam headlamps and premium indoor fixtures that demand tight wavelength stability at junction temperatures above 150 °C. Garnet YAG:Ce remains dominant in cost-sensitive lamps thanks to mature high-yield processes and quantum efficiencies exceeding 85%.

Process innovations that shrink particle-size distributions and integrate phosphor-on-chip deposition enable brighter, thinner mini-LED packages, widening the application envelope. RoHS cadmium caps enacted in Europe during 2024 pushed OEMs to migrate from older silicate reds toward cadmium-free nitride equivalents despite higher costs, reinforcing nitride leadership across cross-border product lines.

Warm white blends held 36.81% of 2025 shipments, mirroring their ubiquity in residential and office lighting. However, red phosphors are forecast to expand at an 11.92% CAGR as controlled-environment agriculture and medical phototherapy specify narrow-band emissions between 600 nm and 700 nm to boost biological efficacy. The LED phosphors market size linked to red products is therefore set to grow faster than any other color segment.

Indoor farms, which added 28% more square footage between 2020 and 2024, are shifting toward spectra-optimized fixtures that elevate photosynthetic photon flux density per watt. In human-centric lighting, tunable white engines blend warm and cool packages alongside red boosts to emulate daylight rhythms; CRI levels above 95 across a 2 700 K-6 500 K range are now commercial reality, underlining the revenue upside for specialty red suppliers.

Complete Report Scope:

• By Phosphor Material
  • Nitride-based Phosphors
  • Garnet (YAG:Ce) Phosphors
  • Silicate Phosphors
  • Aluminate Phosphors
  • Other Phosphor Materials
• By Emission Color
  • Cool White
  • Warm White
  • Red
  • Green
  • Blue
  • Ultraviolet
• By Application
  • Smartphones
  • LCD Televisions
  • Laptops and Tablets
  • Automotive Lighting
  • General Lighting (Residential, Commercial, Industrial)
  • Horticulture and Medical Lighting
  • Other Applications
• By End-Use Industry
  • Consumer Electronics OEMs
  • Automotive OEMs
  • Display Panel Manufacturers
  • Lighting Fixture Manufacturers
  • Specialty and Medical Device Manufacturers
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • ASEAN
    • Rest of Asia-Pacific
  • Middle East
    • Saudi Arabia
    • United Arab Emirates
    • Rest of Middle East
  • Africa
    • South Africa
    • Nigeria
    • Rest of Africa

Geography Analysis

Asia Pacific accounted for 51.07% of 2025 revenues and will expand at a 13.09% CAGR, reinforcing its status as the epicenter of LED and display manufacturing. Cost advantages stem from co-locating rare-earth refining and phosphor synthesis, with Chinese producers paying USD 340 per kg for europium oxide versus USD 465 per kg for North American importers. The LED phosphors market size in South Korea is poised to double by 2028 as mini-LED backlight ramps at LG Display and Samsung Display absorb incremental tonnage.

Japan leverages longstanding materials science depth to supply ultra-narrow nitride reds for automotive and premium lighting niches, commanding price premiums but limited volume. North America and Europe show slower unit growth yet richer mix, driven by mandates that phase out sub-150 lm/W luminaires. Both regions champion recycling to mitigate supply risk; the European Critical Raw Materials Act targets recovering 25% of rare-earth content from discarded lamps by 2030.

Emerging markets in the Middle East and Africa, alongside pockets of South America, add incremental volume via large-scale street-lighting and infrastructure retrofits. The United Arab Emirates completed LED upgrades on 1.2 million streetlights in 2025, trimming municipal energy use by 42%. Import tariffs and logistics complexity still temper Latin American uptake, but incentive programs in Brazil and Argentina are narrowing the affordability gap.

1. Nichia Corporation
2. Intematix Corporation
3. Denka Company Limited
4. Mitsubishi Chemical Group Corporation
5. Lumileds Holding B.V.
6. Cree LED, Inc.
7. Citizen Electronics Co., Ltd.
8. Beijing Yuji International Co., Ltd.
9. Luming Technology Group Co., Ltd.
10. PhosphorTech Corporation
11. OSRAM GmbH
12. Seoul Semiconductor Co., Ltd.
13. Samsung Electronics Co., Ltd.
14. Epistar Corporation
15. LG Innotek Co., Ltd.
16. Everlight Electronics Co., Ltd.
17. Broadcom Inc.
18. Bridgelux, Inc.
19. Toyoda Gosei Co., Ltd.
20. Sharp Corporation
21. Merck KGaA
22. TDK Corporation
23. Lumichem Korea Co., Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Surge In Global Smart-Lighting Deployments
  • 4.2.2 Government Energy-Efficiency Mandates For Solid-State Lighting
  • 4.2.3 Rapid Cost Reduction In High-Lumen LED Packages
  • 4.2.4 Expanding Display Panel Production Capacities In Asia
  • 4.2.5 OEM Demand For Circadian-Tunable Phosphor Blends
  • 4.2.6 Quantum-Dot/LED Phosphor Hybrid Solutions Gaining Traction
• 4.3 Market Restraints
  • 4.3.1 Volatility In Rare-Earth Oxide Supply And Pricing
  • 4.3.2 High Cost Of High-Cri Narrow-Band Red Phosphors
  • 4.3.3 Thermal-Quenching Performance Limits At High Drive Currents
  • 4.3.4 Stricter ROHS Directives Curbing Some Legacy Phosphor Chemistries
• 4.4 Industry Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Porter's Five Forces Analysis
  • 4.6.1 Bargaining Power of Suppliers
  • 4.6.2 Bargaining Power of Buyers
  • 4.6.3 Threat of New Entrants
  • 4.6.4 Threat of Substitute Products
  • 4.6.5 Degree of Competition

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Phosphor Material
  • 5.1.1 Nitride-based Phosphors
  • 5.1.2 Garnet (YAG:Ce) Phosphors
  • 5.1.3 Silicate Phosphors
  • 5.1.4 Aluminate Phosphors
  • 5.1.5 Other Phosphor Materials
• 5.2 By Emission Color
  • 5.2.1 Cool White
  • 5.2.2 Warm White
  • 5.2.3 Red
  • 5.2.4 Green
  • 5.2.5 Blue
  • 5.2.6 Ultraviolet
• 5.3 By Application
  • 5.3.1 Smartphones
  • 5.3.2 LCD Televisions
  • 5.3.3 Laptops and Tablets
  • 5.3.4 Automotive Lighting
  • 5.3.5 General Lighting (Residential, Commercial, Industrial)
  • 5.3.6 Horticulture and Medical Lighting
  • 5.3.7 Other Applications
• 5.4 By End-Use Industry
  • 5.4.1 Consumer Electronics OEMs
  • 5.4.2 Automotive OEMs
  • 5.4.3 Display Panel Manufacturers
  • 5.4.4 Lighting Fixture Manufacturers
  • 5.4.5 Specialty and Medical Device Manufacturers
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Rest of Europe
  • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 ASEAN
    • 5.5.4.6 Rest of Asia-Pacific
  • 5.5.5 Middle East
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 Rest of Middle East
  • 5.5.6 Africa
    • 5.5.6.1 South Africa
    • 5.5.6.2 Nigeria
    • 5.5.6.3 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 Nichia Corporation
  • 6.4.2 Intematix Corporation
  • 6.4.3 Denka Company Limited
  • 6.4.4 Mitsubishi Chemical Group Corporation
  • 6.4.5 Lumileds Holding B.V.
  • 6.4.6 Cree LED, Inc.
  • 6.4.7 Citizen Electronics Co., Ltd.
  • 6.4.8 Beijing Yuji International Co., Ltd.
  • 6.4.9 Luming Technology Group Co., Ltd.
  • 6.4.10 PhosphorTech Corporation
  • 6.4.11 OSRAM GmbH
  • 6.4.12 Seoul Semiconductor Co., Ltd.
  • 6.4.13 Samsung Electronics Co., Ltd.
  • 6.4.14 Epistar Corporation
  • 6.4.15 LG Innotek Co., Ltd.
  • 6.4.16 Everlight Electronics Co., Ltd.
  • 6.4.17 Broadcom Inc.
  • 6.4.18 Bridgelux, Inc.
  • 6.4.19 Toyoda Gosei Co., Ltd.
  • 6.4.20 Sharp Corporation
  • 6.4.21 Merck KGaA
  • 6.4.22 TDK Corporation
  • 6.4.23 Lumichem Korea Co., Ltd.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-space and Unmet-need Assessment