Press release
LED Packaging Market to boom in near future by key players like Citizen Electronics, Cree, Everlight Americas, LG INNOTEK, Merck KGaA, Nichia Corporation, OSRAM, Seoul Semiconductor, Stanley Electric and Toyoda Gosei
LED packages shield the LED chip from direct contact with the environment and encapsulate the chip with LED phosphors. Increasing demand for high power grade LED packages for lighting applications and also due to rise in demand for LED packages in the smart display panel is anticipated to drive the LED packaging market. However, saturation of the market has compelled the market entities to adopt cost-cutting measures, which in turn affects the overall quality of the product, which would emerge as a major restraint for LED packaging market. The growth in the LED filament bulb market and growing demand from horticulture markets will provide opportunities to the LED packaging market.Some of the major players operating in the market are Citizen Electronics Co. Ltd., Cree Inc., Everlight Americas Inc., LG INNOTEK, Merck KGaA, Nichia Corporation, OSRAM GmbH, Seoul Semiconductor Co. Ltd., Stanley Electric Co. and Toyoda Gosei Co. Ltd.
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The LED packaging market is segmented on the basis of package type, package material, application, and geography. Based on package type, the LED packaging market is segmented as surface mount device (SMD), chips on board (COB), chip scale package (CSP). On the basis of packaging material, LED packaging market is segmented into lead frames, substrates, bonding wire, and encapsulation resins. On the basis of application, LED packaging market is segmented into general lighting, automotive lighting, backlighting, and others.
It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The LED packaging market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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Table of Contents
1. Introduction
2. Key Takeaways
3. LED Packaging Market Landscape
4. Market - Key Industry Dynamics
5. LED Packaging Market Analysis- Global Analysis
6. LED Packaging Market Revenue And Forecasts To 2027 – Package Type
7. Market Revenue And Forecasts To 2027 – Packaging Material
8. Market Revenue And Forecasts To 2027 – Application
9. Market Revenue And Forecasts To 2027 – Geographical Analysis
10. Market Revenue And Forecasts To 2027 - Industry Landscape
11. Competitive Landscape
12. LED Packaging Market, Key Company Profiles
13. Appendix
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