The Phosphor Market is segmented by Type (Green, Yellow, Blue, White, Red, Orange, Others), by Application Type (Lighting Equipment, Electronic Display, Others), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, Italy, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Argentina, and Others])- COVID-19 Impact Analysis and Forecast to 2026.
Phosphor is a substance that exhibits luminescence when exposed to radiation from an electron beam source. It is being widely used in various applications such as displays, LEDs, and fluorescent lighting among others. Based on type, it can be categorized as green, yellow, blue, white, red, orange, and others.
The global growth of the phosphor market size is primarily driven by widespread product usage in the electronics and lighting industry. The growing construction industry with a rise in residential and commercial construction activities is expected to drive the demand for LEDs and thus phosphor during the forecast period. In addition to this, rising demand for OLEDs due to improved performance is likely to create lucrative opportunities for the players operating in the global market in the coming years.
Covid-19 Impact
The outbreak of Covid-19 significantly impacted the materials supply chains, international trade, and manufacturing operations across the world. The production of phosphor declined amidst the Covid-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus.
Segments Analysis
Application Trends
The phosphor market has been divided into lighting equipment, electronic display, and others. The lighting equipment application segment accounted for the largest market share in 2020. The segment growth can be attributed to increasing demand for LED lights across the geographies particularly in the developing countries.
Regional Analysis
The Asia-Pacific Phosphor market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the significant growth of the electrical & electronics industry in the region. Additionally, rising demand for LEDs with increasing construction activities is likely to add to the market growth substantially. The market growth in the North American region is expected to grow at a considerable CAGR during the review because of the established electrical & electronics end-use industry.
Want to know which region offers the best growth opportunities?Register Here
Key players
The following are some of the key players operating in the phosphor market:
The target audience of the Phosphor Market includes-
Phosphor Vendors
Phosphor Manufacturers
Phosphor Distributors
Organizations
Government Bodies
Critical Questions Answered in the Report
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the phosphor market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026. The following are the critical questions answered in the report.
What are the key trends in the Phosphor market?
How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
What is the impact of COVID-19 on the Phosphor market?
What key strategies are adopted by the major vendors to lead in the Phosphor market?
What is the market share of the top vendors?
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What deliverables will you get in this report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the Phosphor Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional and country level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
LOADING
LOADING
×
Please enter your contact details. It will allow our analysts to reach out to you.
The global growth of the phosphor market size is primarily driven by widespread product usage in the electronics and lighting industry. The growing construction industry with a rise in residential and commercial construction activities is expected to drive the demand for LEDs and thus phosphor during the forecast period.
The target audience of the phosphor market includes Phosphor Vendors, Phosphor Manufacturers, Phosphor Distributors, Organizations, and Government Bodies.
