Global Surface Mount PLCC LEDs Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

LED Backlighting, Indications, Automotive Interiors, Small Message Panel Signage, Front Panel, and Others.

By Industry Vertical;

Communication, Media & Entertainment, Healthcare, Aerospace & Defense, Consumer Electronics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn661339228 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Surface Mount PLCC LEDs Market (USD Million), 2021 - 2031

In the year 2024, the Global Surface Mount PLCC LEDs Market was valued at USD 10,708.55 million. The size of this market is expected to increase to USD 29,363.29 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.5%.

The Global Surface Mount PLCC LEDs Market is witnessing significant growth driven by the increasing demand for energy-efficient, high-performance lighting solutions across various industries. PLCC (Plastic Leaded Chip Carrier) LEDs are preferred for their compact design, durability, and ability to provide uniform light distribution, making them ideal for a wide range of applications, including LED backlighting, automotive interiors, and signage. The growing shift toward energy-efficient lighting solutions, especially in consumer electronics and automotive sectors, is further propelling the demand for these LEDs. As the need for smaller, more efficient, and cost-effective lighting technologies continues to rise, the market for Surface Mount PLCC LEDs is poised for further expansion.

In the consumer electronics sector, the growing adoption of LED backlighting for displays in smartphones, TVs, and laptops is one of the key drivers of the market. The demand for slimmer, more energy-efficient displays that offer high-definition visuals is boosting the adoption of PLCC LEDs, which provide high brightness levels and uniform light distribution. Moreover, with the rise of smartphones, tablets, and OLED screens, the demand for precise and energy-efficient backlighting solutions is expected to further fuel market growth. These LEDs are also integral in small message panels and signage, as their brightness and visibility make them ideal for use in advertising boards and public information displays.

The automotive industry is another significant sector driving the adoption of Surface Mount PLCC LEDs, particularly in automotive interiors. PLCC LEDs are used for ambient lighting, dashboard illumination, and indicator lights, contributing to the growing trend of customizable, energy-efficient lighting in vehicles. The shift toward electric vehicles (EVs) and the push for more aesthetically designed interiors in cars are likely to further increase the demand for advanced lighting solutions, with PLCC LEDs being a key component. Overall, the market for Surface Mount PLCC LEDs is expected to continue expanding, driven by innovation in LED technologies, increased demand for energy-efficient solutions, and the continuous development of new applications across multiple sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Industry Vertical
    3. Market Snapshot, By Region
  4. Global Surface Mount PLCC LEDs Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Energy-Efficient Lighting Solutions
        2. Increasing Adoption of LEDs in Automotive and Consumer Electronics
        3. Advancements in Lighting Technology and Integration with Smart Devices
        4. Growing Demand for Digital Signage and Advertising Displays
        5. Government Regulations and Incentives Promoting Energy-Efficient Solutions
      2. Restraints
        1. High Initial Cost of LED Solutions
        2. Intense Competition in the LED Market
        3. Limited Awareness and Adoption in Emerging Markets
        4. Issues with Compatibility in Existing Infrastructure
      3. Opportunities
        1. Growing Adoption of Smart Lighting and IoT-Enabled Devices
        2. Expansion of the Automotive Lighting Industry
        3. Increasing Focus on Sustainable and Eco-Friendly Lighting Solutions
        4. Advancements in Wireless and Flexible LED Technologies
        5. Emerging Markets and Industrial Applications Offering Growth Potential
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Surface Mount PLCC LEDs Market, By Application, 2021 - 2031 (USD Million)
      1. LED Backlighting
      2. Indications
      3. Automotive Interiors
      4. Small Message Panel Signage
      5. Front Panel
      6. Others
    2. Global Surface Mount PLCC LEDs Market, By Industry Vertical, 2021 - 2031 (USD Million)
      1. Communication
      2. Media & Entertainment
      3. Healthcare
      4. Aerospace & Defense
      5. Consumer Electronics
      6. Others
    3. Global Surface Mount PLCC LEDs Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Toshiba Corporation

      2. Broadcom

      3. Schiefer Lighting BV

      4. Luxpia Co.

  7. Analyst Views
  8. Future Outlook of the Market