IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
LED Manufacturing in the US Industry Data and Analysis
The LED manufacturing sector is amid a transformative phase marked by innovation, governmental support and challenges that are intrinsic to high-tech industries. Government and private sector incentives have helped shape the industry's direction. Along with numerous rebate programs, a complete ban on the sale of incandescent bulbs has propelled the demand for LED products. Support from industry associations and utility companies has fortified the sector’s foundation, enabling access to resources and knowledge sharing that fuel growth and competitiveness. As a result, LED manufacturing revenue is projected to expand at a CAGR of 1.6% reaching $2.0 billion by 2025, with an uptick of 0.1% growth in 2025 alone.
Access this data your way
The LED Manufacturing in the US Industry analysis is available in multiple formats to fit seamlessly into your workflow.
API Data Delivery
Feed trusted, human-driven industry intelligence straight into your platform.
Integrations
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
What's included in this industry analysis
IBISWorld's research coverage on the LED Manufacturing industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released July 2025.
About this industry
What's this industry report about?
The LED Manufacturing industry in the United States operates under the NAICS industry code OD4456. This industry manufactures light-emitting diode (LED) chips and components. An LED chip is a solid-state light source that is long-lasting and energy efficient. LEDs are used as indicator lamps in many devices and they are increasingly used for lighting and consumer electronics. This industry does not include LED fixtures, luminaires and tertiary products. Related terms covered in the LED Manufacturing industry in the United States include light-emitting diode (led) , package and lamp.
What's included in this industry?
Products and services covered in LED Manufacturing industry in the United States include LED modules for display manufacturers, LED modules for other applications and LED light engines.
What companies are included in this industry?
Companies covered in the LED Manufacturing industry in the United States include Wolfspeed, Inc.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the LED Manufacturing industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the LED Manufacturing industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the LED Manufacturing industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the LED Manufacturing industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the LED Manufacturing industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the LED Manufacturing industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the LED Manufacturing industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the LED Manufacturing industry in the United States.
Trusted by industry professionals
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
Frequently Asked Questions
What is the market size of the LED Manufacturing industry in the United States in 2026?
The market size of the LED Manufacturing industry in the United States is $2.0bn in 2026.
How many businesses are there in the LED Manufacturing industry in the United States in 2025?
There are 24 businesses in the LED Manufacturing industry in the United States, which has declined at a CAGR of 0.0 % between 2020 and 2025.
How may import tariffs affect the LED Manufacturing industry in the United States?
The LED Manufacturing industry in the United States is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.
How may export tariffs affect the LED Manufacturing industry in the United States?
The LED Manufacturing industry in the United States is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.
Has the LED Manufacturing industry in the United States grown or declined over the past 5 years?
The market size of the LED Manufacturing industry in the United States has been growing at a CAGR of 1.6 % between 2020 and 2025.
What is the forecast growth of the LED Manufacturing industry in the United States over the next 5 years?
Over the next five years, the LED Manufacturing industry in the United States is expected to grow.
What are the biggest companies in the LED Manufacturing industry in the United States?
The biggest company operating in the LED Manufacturing industry in the United States is Wolfspeed, Inc.
What does the LED Manufacturing industry in the United States include?
Manufacturing LED modules for displays and Manufacturing LED modules for other applications are part of the LED Manufacturing industry in the United States.
Which companies have the highest market share in the LED Manufacturing industry in the United States?
The company holding the most market share in the LED Manufacturing industry in the United States is Wolfspeed, Inc..
How competitive is the LED Manufacturing industry in the United States?
The level of competition is high and increasing in the LED Manufacturing industry in the United States.
Cut through the noise with intelligence you can trust
