Press release
Chip Scale Package (CSP) LED Market to Witness Huge Growth by Key Players: Lumileds, Samsung, Seoul Semiconductor, LG Innotek, OSRAM, Nichia, EPISTAR, Cree, Genesis Photonics, Lumens Co ltd, SemiLEDs, Shenzhen MTC and Others.
According to Market Study Report, Chip Scale Package (CSP) LED Market provides a comprehensive analysis of the Chip Scale Package (CSP) LED Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.This report also provides market landscape and market share information in the Chip Scale Package (CSP) LED Market. An exclusive data offered in this report is collected by research and industry experts team.Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1710949
The Chip Scale Package (CSP) LED Market is estimated to be USD 757.7 Million in 2018 and is likely to reach USD 1,744.8 Million by 2023, at a CAGR of 18.2% during 2018-2023. This report spread across 128 pages, profiling 10 companies and supported with 34 tables and 53 figures are now available in this research.
Top Key Players Profiled in the Chip Scale Package (CSP) LED Market:
o Lumileds (The Netherlands)
o Samsung (South Korea)
o Seoul Semiconductor (South Korea)
o LG Innotek (South Korea)
o OSRAM (Germany)
o Nichia (Japan)
o EPISTAR (Taiwan)
o Cree (US)
o Genesis Photonics (Taiwan)
o Lumens Co. Ltd. (South Korea)
o SemiLEDs (Taiwan)
o Lextar (Taiwan)
o Shenzhen MTC (China)
o Unistars (Taiwan)
o DPower (China)
o Plessey Semiconductors (UK)
o Cambridge Nanotherm (UK)
o Honglitronic (China)
o Bridgelux (US)
o OPTOLED (South Korea)
o EVERLIGHT (Taiwan)
o Flory Optoelectronic Materials (FOM) (China)
o Dow Chemical Company (US)
o TDK (Japan)
o Bree Optronics (China)
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"Increased use of CSP LEDs in display back lighting and flash applications is driving the market towards high growth"
The display back lighting application is expected to dominate the CSP LED market, in terms of market size, during the forecast period, as it is pulled by the demand for energy efficient and compact back lighting sources for TVs, monitors, and smart phone displays.CSP LEDs emerged as great replacement of traditional and large LED packages for display back lighting units. CSP LED-based BLUs drive product innovation and cost reduction along with small form factor and wide beam angle.
"APAC to account for the highest demand for CSP LEDs during the forecast period"
APAC accounts for the production of a majority of LCD displays, especially in South Korea, Taiwan, China, and Japan. With the presence of leading CSP LED manufacturers and customers (i.e. smart phone vendors, back lighting panel integrators, and display panel manufacturers), this region registered the largest shipment of CSP LEDs. The dominance of APAC is mainly due to South Korea, followed by China, Japan, and Taiwan with high demand for CSP LEDs for display back lighting, mobile flash, and other applications.
Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 20 %, Tier 2 - 35%, and Tier 3 - 45%
o By Designation: C-Level Executives - 30%, Directors - 45%, and Others - 25%
o By Region: North America - 20%, Europe - 45%, APAC - 30%, and RoW - 5%
Competitive Landscape of Chip Scale Package (CSP) LED Market:
1 Overview
2 Market Ranking Analysis: CSP LED Market
3 Competitive Situations and Trends: CSP LED Market
3.1 Product Launches and Developments (2015-2018)
3.2 Partnerships, Collaborations, and Agreements (2015-2018)
3.3 Acquisitions (2015-2018)
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Research Coverage:
This research report categorizes the market on the basis of CSP LED applications, power ranges, and geographies. The report discusses drivers, restraints, challenges, and opportunities forthe market and analyzes emerging trends throughout the value chain of CSP LEDs.Key market players across the value chainhave been strategically profiled in the report.
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