LED Packaging Market Set for Rapid Growth during 2021-2026 | Nichia, OSRAM, Lumileds, Seoul Semiconductor, Samsung and more.

According to Market Study Report, LED Packaging Market provides a comprehensive analysis of the LED Packaging Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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The Global LED packaging market size is estimated to be USD 17.6 billion in 2021 and is projected to reach 22.1 billion by 2026, at a CAGR of 4.6% during the forecast period. This report spread across 208 Pages, Profiling 10 Companies and Supported with 122 Tables and 58 figures are now available in this research.

Top Companies Profiled in the LED Packaging Market:
• Nichia (Japan)
• OSRAM (Germany)
• Lumileds (Netherlands)
• Seoul Semiconductor (South Korea)
• Samsung (South Korea)
• MLS (China)
• EVERLIGHT (Taiwan)
• Cree (US)
• NationStar (China)
• LITE-ON (Taiwan)

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COVID-19 sent both demand-side and supply-side shocks across the global economy. Leading LED package providers, such as OSRAM (Germany) and Seoul Semiconductor (South Korea), have incurred significant losses owing to the pandemic. Both companies have reported a decline of approximately 9% and 10%, respectively, in their 2020 half-year revenue as compared to the previous year.

Deep UV LEDs are the fastest growing segment of the LED packaging market, by wavelength. Based on their wavelength range, UV LEDs are classified as UV-C (100–280 nm), UV-B (280–315 nm), and UV-A (315–400 nm). UV-A LED packages are expected to be the dominant tool in printing, coatings, and adhesive applications, as longer wavelength ranges easily penetrate very deeply into the material. Also, diode performance in this wavelength range is highly complemented with an excellent lifetime of as high as 20,000 hours.

The general lighting applications of LEDs mostly include residential, outdoor, and commercial lighting areas. The increase in infrastructure building activities is the major factor contributing to the high growth of the market for the residential lighting application. LEDs have higher efficiency, longer lifespan, low power consumption, better color rendering, and lower maintenance requirements compared with traditional light sources, making them ideal for outdoor lighting environments such as street lighting, and lighting for public places.

Competitive Landscape of LED Packaging Market:
1 Introduction
2 Historical Revenue Analysis Of Major Players In Led Packaging Market
3 Market Share Analysis Of Key Companies, 2020
4 Competitive Scenario
4.1 Product Launches & Developments
4.2 Agreements, Partnerships, Collaborations, Contracts & Joint Ventures
4.3 Mergers & Acquisitions And Expansion
5 Company Evaluation Matrix, 2020
5.1 Star
5.2 Pervasive
5.3 Participant
5.4 Emerging Leader
6 Product Footprint Analysis Of Top Players
7 Market Share/Rank
8 Startup/Sme Evaluation Matrix, 2020
8.1 Progressive Companies
8.2 Responsive Companies
8.3 Dynamic Companies
8.4 Starting Blocks

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Reason to access this report:
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall LED packaging market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.

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