The global market for LED Chips was estimated to be worth US$ 3402 million in 2024 and is forecast to a readjusted size of US$ 5312 million by 2031 with a CAGR of 6.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on LED Chips cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global LED Chips production reached approximately 8,724 billion units, with an average global market price of around 0.39 US$/k units. An LED chip is a solid-state semiconductor lighting device that directly converts electrical energy into light energy. Its core structure consists of a PN junction formed by combining P-type and N-type semiconductors. When a forward voltage is applied, carrier recombination occurs, leading to energy level transitions and the release of energy in the form of photons. This chip features high luminous efficiency, compact size, long lifespan, fast response, low driving voltage, and high color purity, making it a core component in semiconductor lighting and display technologies. The domestic LED chip market is dominated by leading enterprises such as Sanan Optoelectronics. Leveraging advantages in large-scale production, technological accumulation, and cost efficiency, these companies undertake mid-to-high-end chip foundry orders from international manufacturers, positioning China as a global core base for LED chip manufacturing.
The primary drivers of the LED chip market stem from the global urgent demand for energy efficiency and sustainable solutions. Government energy-saving policies and subsidies worldwide (such as phasing out incandescent bulbs and promoting green buildings) directly stimulate the adoption of LED lighting products, particularly in public infrastructure and commercial sectors. Meanwhile, technological advancements continue to reduce the manufacturing costs of LEDs while improving luminous efficacy (lm/W), making LEDs more economically advantageous compared to traditional light sources in the general lighting market. Furthermore, the expansion of emerging application scenarios constitutes another major driver: the explosive growth of the new energy vehicle industry boosts demand for automotive LEDs (headlights, interior lighting, displays); the development of smart homes and the Internet of Things (IoT) promotes the deployment of intelligent dimmable LED systems; and iterations in ultra-high-definition display technology (such as the application of Mini/Micro LEDs in TVs, AR/VR devices) also create new growth opportunities for high-end LED chips.
Market trends are primarily reflected in two directions: technological upgrades and the deepening of application scenarios. On the technological front, Mini/Micro LEDs have become a core focus of industry advancement, gradually penetrating high-end display and consumer electronics fields through smaller chip sizes, higher integration density, and superior display performance. At the same time, the maturation of compound semiconductor technology (e.g., GaN-on-Si) further optimizes the balance between cost and performance. In terms of applications, LED chips are transitioning from general lighting to high-value-added sectors: niche markets such as horticultural lighting, UV LEDs (for sterilization and curing), and automotive optics are experiencing significant growth; integration with smart systems continues to deepen, enabling health-conscious lighting solutions through spectral tuning and human-centric lighting technologies.
This report aims to provide a comprehensive presentation of the global market for LED Chips, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of LED Chips by region & country, by Type, and by Application.
The LED Chips market size, estimations, and forecasts are provided in terms of sales volume (Billion Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 LED Chips.
Market Segmentation
By Company
- Sanan Optoelectronics
- Shenzhen Mtc
- BOE HC SemiTek
- Epistar
- Jiangsu Azure
- Kfeslightingco., Ltd
- Focus Lightings Tech
- Hangzhou Silan Microelectronics
- Fujian Zhaoyuan Photoelectric
- ELEMEDIA TECHNOLOGY
- Xiamen Changelight
- Hua Lei photoelectric
- Foshan Nationstar Optoelectronics
- Nichia
- Samsung
- Seoul Semiconductor
- AMS Osram
- Lumileds
- Cree LED
Segment by Type
- Lateral Chip LED
- Vertical Chip LED
- Flip Chip LED
Segment by Application
- General Lighting
- Backlighting
- Direct Display & Screens
- Automotive Lighting
- Consumer Electronics & IoT
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of LED Chips manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of LED Chips in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of LED Chips in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 LED Chips Product Introduction
- 1.2 Global LED Chips Market Size Forecast
- 1.2.1 Global LED Chips Sales Value (2020-2031)
- 1.2.2 Global LED Chips Sales Volume (2020-2031)
- 1.2.3 Global LED Chips Sales Price (2020-2031)
- 1.3 LED Chips Market Trends & Drivers
- 1.3.1 LED Chips Industry Trends
- 1.3.2 LED Chips Market Drivers & Opportunity
- 1.3.3 LED Chips Market Challenges
- 1.3.4 LED Chips Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global LED Chips Players Revenue Ranking (2024)
- 2.2 Global LED Chips Revenue by Company (2020-2025)
- 2.3 Global LED Chips Players Sales Volume Ranking (2024)
- 2.4 Global LED Chips Sales Volume by Company Players (2020-2025)
- 2.5 Global LED Chips Average Price by Company (2020-2025)
- 2.6 Key Manufacturers LED Chips Manufacturing Base and Headquarters
- 2.7 Key Manufacturers LED Chips Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of LED Chips
- 2.9 LED Chips Market Competitive Analysis
- 2.9.1 LED Chips Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by LED Chips Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in LED Chips as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Lateral Chip LED
- 3.1.2 Vertical Chip LED
- 3.1.3 Flip Chip LED
- 3.2 Global LED Chips Sales Value by Type
- 3.2.1 Global LED Chips Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global LED Chips Sales Value, by Type (2020-2031)
- 3.2.3 Global LED Chips Sales Value, by Type (%) (2020-2031)
- 3.3 Global LED Chips Sales Volume by Type
- 3.3.1 Global LED Chips Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global LED Chips Sales Volume, by Type (2020-2031)
- 3.3.3 Global LED Chips Sales Volume, by Type (%) (2020-2031)
- 3.4 Global LED Chips Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 General Lighting
- 4.1.2 Backlighting
- 4.1.3 Direct Display & Screens
- 4.1.4 Automotive Lighting
- 4.1.5 Consumer Electronics & IoT
- 4.1.6 Others
- 4.2 Global LED Chips Sales Value by Application
- 4.2.1 Global LED Chips Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global LED Chips Sales Value, by Application (2020-2031)
- 4.2.3 Global LED Chips Sales Value, by Application (%) (2020-2031)
- 4.3 Global LED Chips Sales Volume by Application
- 4.3.1 Global LED Chips Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global LED Chips Sales Volume, by Application (2020-2031)
- 4.3.3 Global LED Chips Sales Volume, by Application (%) (2020-2031)
- 4.4 Global LED Chips Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global LED Chips Sales Value by Region
- 5.1.1 Global LED Chips Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global LED Chips Sales Value by Region (2020-2025)
- 5.1.3 Global LED Chips Sales Value by Region (2026-2031)
- 5.1.4 Global LED Chips Sales Value by Region (%), (2020-2031)
- 5.2 Global LED Chips Sales Volume by Region
- 5.2.1 Global LED Chips Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global LED Chips Sales Volume by Region (2020-2025)
- 5.2.3 Global LED Chips Sales Volume by Region (2026-2031)
- 5.2.4 Global LED Chips Sales Volume by Region (%), (2020-2031)
- 5.3 Global LED Chips Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America LED Chips Sales Value, 2020-2031
- 5.4.2 North America LED Chips Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe LED Chips Sales Value, 2020-2031
- 5.5.2 Europe LED Chips Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific LED Chips Sales Value, 2020-2031
- 5.6.2 Asia Pacific LED Chips Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America LED Chips Sales Value, 2020-2031
- 5.7.2 South America LED Chips Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa LED Chips Sales Value, 2020-2031
- 5.8.2 Middle East & Africa LED Chips Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions LED Chips Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions LED Chips Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions LED Chips Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions LED Chips Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States LED Chips Sales Value, 2020-2031
- 6.3.2 United States LED Chips Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States LED Chips Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe LED Chips Sales Value, 2020-2031
- 6.4.2 Europe LED Chips Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe LED Chips Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China LED Chips Sales Value, 2020-2031
- 6.5.2 China LED Chips Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China LED Chips Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan LED Chips Sales Value, 2020-2031
- 6.6.2 Japan LED Chips Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan LED Chips Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea LED Chips Sales Value, 2020-2031
- 6.7.2 South Korea LED Chips Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea LED Chips Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia LED Chips Sales Value, 2020-2031
- 6.8.2 Southeast Asia LED Chips Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia LED Chips Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India LED Chips Sales Value, 2020-2031
- 6.9.2 India LED Chips Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India LED Chips Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Sanan Optoelectronics
- 7.1.1 Sanan Optoelectronics Company Information
- 7.1.2 Sanan Optoelectronics Introduction and Business Overview
- 7.1.3 Sanan Optoelectronics LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Sanan Optoelectronics LED Chips Product Offerings
- 7.1.5 Sanan Optoelectronics Recent Development
- 7.2 Shenzhen Mtc
- 7.2.1 Shenzhen Mtc Company Information
- 7.2.2 Shenzhen Mtc Introduction and Business Overview
- 7.2.3 Shenzhen Mtc LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Shenzhen Mtc LED Chips Product Offerings
- 7.2.5 Shenzhen Mtc Recent Development
- 7.3 BOE HC SemiTek
- 7.3.1 BOE HC SemiTek Company Information
- 7.3.2 BOE HC SemiTek Introduction and Business Overview
- 7.3.3 BOE HC SemiTek LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 BOE HC SemiTek LED Chips Product Offerings
- 7.3.5 BOE HC SemiTek Recent Development
- 7.4 Epistar
- 7.4.1 Epistar Company Information
- 7.4.2 Epistar Introduction and Business Overview
- 7.4.3 Epistar LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Epistar LED Chips Product Offerings
- 7.4.5 Epistar Recent Development
- 7.5 Jiangsu Azure
- 7.5.1 Jiangsu Azure Company Information
- 7.5.2 Jiangsu Azure Introduction and Business Overview
- 7.5.3 Jiangsu Azure LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Jiangsu Azure LED Chips Product Offerings
- 7.5.5 Jiangsu Azure Recent Development
- 7.6 Kfeslightingco., Ltd
- 7.6.1 Kfeslightingco., Ltd Company Information
- 7.6.2 Kfeslightingco., Ltd Introduction and Business Overview
- 7.6.3 Kfeslightingco., Ltd LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Kfeslightingco., Ltd LED Chips Product Offerings
- 7.6.5 Kfeslightingco., Ltd Recent Development
- 7.7 Focus Lightings Tech
- 7.7.1 Focus Lightings Tech Company Information
- 7.7.2 Focus Lightings Tech Introduction and Business Overview
- 7.7.3 Focus Lightings Tech LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Focus Lightings Tech LED Chips Product Offerings
- 7.7.5 Focus Lightings Tech Recent Development
- 7.8 Hangzhou Silan Microelectronics
- 7.8.1 Hangzhou Silan Microelectronics Company Information
- 7.8.2 Hangzhou Silan Microelectronics Introduction and Business Overview
- 7.8.3 Hangzhou Silan Microelectronics LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Hangzhou Silan Microelectronics LED Chips Product Offerings
- 7.8.5 Hangzhou Silan Microelectronics Recent Development
- 7.9 Fujian Zhaoyuan Photoelectric
- 7.9.1 Fujian Zhaoyuan Photoelectric Company Information
- 7.9.2 Fujian Zhaoyuan Photoelectric Introduction and Business Overview
- 7.9.3 Fujian Zhaoyuan Photoelectric LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Fujian Zhaoyuan Photoelectric LED Chips Product Offerings
- 7.9.5 Fujian Zhaoyuan Photoelectric Recent Development
- 7.10 ELEMEDIA TECHNOLOGY
- 7.10.1 ELEMEDIA TECHNOLOGY Company Information
- 7.10.2 ELEMEDIA TECHNOLOGY Introduction and Business Overview
- 7.10.3 ELEMEDIA TECHNOLOGY LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 ELEMEDIA TECHNOLOGY LED Chips Product Offerings
- 7.10.5 ELEMEDIA TECHNOLOGY Recent Development
- 7.11 Xiamen Changelight
- 7.11.1 Xiamen Changelight Company Information
- 7.11.2 Xiamen Changelight Introduction and Business Overview
- 7.11.3 Xiamen Changelight LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Xiamen Changelight LED Chips Product Offerings
- 7.11.5 Xiamen Changelight Recent Development
- 7.12 Hua Lei photoelectric
- 7.12.1 Hua Lei photoelectric Company Information
- 7.12.2 Hua Lei photoelectric Introduction and Business Overview
- 7.12.3 Hua Lei photoelectric LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Hua Lei photoelectric LED Chips Product Offerings
- 7.12.5 Hua Lei photoelectric Recent Development
- 7.13 Foshan Nationstar Optoelectronics
- 7.13.1 Foshan Nationstar Optoelectronics Company Information
- 7.13.2 Foshan Nationstar Optoelectronics Introduction and Business Overview
- 7.13.3 Foshan Nationstar Optoelectronics LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Foshan Nationstar Optoelectronics LED Chips Product Offerings
- 7.13.5 Foshan Nationstar Optoelectronics Recent Development
- 7.14 Nichia
- 7.14.1 Nichia Company Information
- 7.14.2 Nichia Introduction and Business Overview
- 7.14.3 Nichia LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Nichia LED Chips Product Offerings
- 7.14.5 Nichia Recent Development
- 7.15 Samsung
- 7.15.1 Samsung Company Information
- 7.15.2 Samsung Introduction and Business Overview
- 7.15.3 Samsung LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Samsung LED Chips Product Offerings
- 7.15.5 Samsung Recent Development
- 7.16 Seoul Semiconductor
- 7.16.1 Seoul Semiconductor Company Information
- 7.16.2 Seoul Semiconductor Introduction and Business Overview
- 7.16.3 Seoul Semiconductor LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Seoul Semiconductor LED Chips Product Offerings
- 7.16.5 Seoul Semiconductor Recent Development
- 7.17 AMS Osram
- 7.17.1 AMS Osram Company Information
- 7.17.2 AMS Osram Introduction and Business Overview
- 7.17.3 AMS Osram LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 AMS Osram LED Chips Product Offerings
- 7.17.5 AMS Osram Recent Development
- 7.18 Lumileds
- 7.18.1 Lumileds Company Information
- 7.18.2 Lumileds Introduction and Business Overview
- 7.18.3 Lumileds LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Lumileds LED Chips Product Offerings
- 7.18.5 Lumileds Recent Development
- 7.19 Cree LED
- 7.19.1 Cree LED Company Information
- 7.19.2 Cree LED Introduction and Business Overview
- 7.19.3 Cree LED LED Chips Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 Cree LED LED Chips Product Offerings
- 7.19.5 Cree LED Recent Development
8 Industry Chain Analysis
- 8.1 LED Chips Industrial Chain
- 8.2 LED Chips Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 LED Chips Sales Model
- 8.5.2 Sales Channel
- 8.5.3 LED Chips Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer