Mid Power LEDs Market size was valued at USD 5.1 Billion in 2024 and is forecasted to grow at a CAGR of 7.8% from 2026 to 2033, reaching USD 9.8 Billion by 2033.
Mid Power LEDs Market
Current Landscape: The Mid Power LEDs market is valued at approximately USD 4.8 billion in 2025, driven by widespread adoption in residential and commercial lighting applications. With increasing energy efficiency standards and a strong push toward sustainable lighting, mid power LEDs have gained traction due to their balance of performance and cost. Technological advancements in thermal management, luminous efficacy, and compact designs continue to drive deployment across varied applications such as automotive interiors, signage, and smart lighting.
Future Outlook: The market is expected to grow at a CAGR of 6.7% from 2025 to 2032, reaching around USD 7.7 billion by 2032. Growing demand for connected lighting systems, smart cities, and human-centric lighting will play a crucial role. The transition toward digitized infrastructures and the incorporation of AI and IoT into lighting controls will further expand opportunities. Additionally, mid power LEDs are increasingly favored in horticulture and UV sterilization, contributing to diversified growth.
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Who are the largest manufacturers in the Mid Power LEDs Market?
- SAMSUNG
- Cree
- Inc
- Lumileds
- OSRAM Opto Semiconductors
- NICHIA CORPORATION
- Seoul Semiconductor
- Luckylight Electronics Co.
- Ltd
- Shenzhen Yuliang Optoelectronic Technology Co.
- Ltd
- Luminus
- Inc
- Hongli Zhihui Group Co.
- Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Mid Power LEDs Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Mid Power LEDs Market
By Application-Based
- General Lighting
- Automotive Lighting
- Display Lighting
By Technology-Based
- Chip-on-Board (COB)
- Surface Mount Devices (SMD)
- High Power LEDs
- Traditional LEDs
By End-User
- Residential Sector
- Commercial Sector
- Industrial Sector
- Aerospace and Defense
- Healthcare Sector
By Product Type
- White LEDs
- Colored LEDs
By Distribution Channel
- Online Sales
- Offline Sales
Which regions are leading the Global Mid Power LEDs Market?
- US (United States, US and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Mid Power LEDs Market Research Report, 2024-2032
1. Introduction of the Global Mid Power LEDs Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Mid Power LEDs Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Mid Power LEDs Market, By Type
6. Global Mid Power LEDs Market, By Application
7. Global Mid Power LEDs Market, By Geography
- US
- Europe
- Asia Pacific
- Rest of the World
8. Global Mid Power LEDs Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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