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Report Northern America - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 23, 2024

Northern America - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Semiconductor Led Market 2024

Semiconductor Led Market Size in Northern America

In 2023, after two years of decline, there was significant growth in the North American semiconductor LED market, when its value increased by X% to $X. Overall, consumption, however, showed a dramatic descent. The level of consumption peaked at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.

Semiconductor Led Production in Northern America

In value terms, semiconductor LED production contracted dramatically to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Semiconductor Led Exports

Exports in Northern America

In 2023, the amount of semiconductor light emitting diodes (LEDs) exported in Northern America soared to X units, jumping by X% compared with the previous year's figure. Overall, exports, however, saw a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X units. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, semiconductor LED exports rose modestly to $X in 2023. In general, exports, however, saw a sharp slump. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Saint Pierre and Miquelon was the major exporter of semiconductor light emitting diodes (LEDs) in Northern America, with the volume of exports accounting for X units, which was near X% of total exports in 2023. It was distantly followed by Bermuda (X units), comprising a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Saint Pierre and Miquelon (with a CAGR of X%).

In value terms, Bermuda ($X) remains the largest semiconductor LED supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Saint Pierre and Miquelon ($X), with a X% share of total exports.

In Bermuda, semiconductor LED exports declined by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Northern America amounted to $X per unit, declining by X% against the previous year. Overall, the export price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then shrank markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Bermuda ($X per unit), while Saint Pierre and Miquelon amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bermuda (X%).

Semiconductor Led Imports

Imports in Northern America

In 2023, semiconductor led imports in Northern America rose rapidly to X units, picking up by X% on 2022 figures. Overall, imports, however, recorded a dramatic descent. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2023, the growth of imports remained at a lower figure.

In value terms, semiconductor LED imports reduced to $X in 2023. Over the period under review, imports, however, saw a sharp downturn. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2023, imports remained at a lower figure.

Imports by Country

Greenland prevails in imports structure, accounting for X units, which was approx. X% of total imports in 2023. It was distantly followed by Bermuda (X units), comprising a X% share of total imports.

Greenland was also the fastest-growing in terms of the semiconductor light emitting diodes (LEDs) imports, with a CAGR of X% from 2012 to 2023. At the same time, Bermuda (X%) displayed positive paces of growth. While the share of Greenland (X p.p.) and Bermuda (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest semiconductor LED importing markets in Northern America were Greenland ($X) and Bermuda ($X).

Among the main importing countries, Greenland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2023, the import price in Northern America amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price, however, continues to indicate a significant expansion. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bermuda ($X per unit), while Greenland amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bermuda (X%).

Source: IndexBox Platform

This report provides an in-depth analysis of the semiconductor led market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26112220 - Semiconductor light emitting diodes (LEDs)

Country coverage:

  • Bermuda
  • Canada
  • Greenland
  • Saint Pierre and Miquelon
  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Northern America, split by region and country
  • Trade (exports and imports) in Northern America
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Bermuda
    • Canada
    • Greenland
    • Saint Pierre and Miquelon
    • United States

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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