Market Highlights
Globally, the Chip Scale Package LED market is expected to have significant growth over the forecast period. The increasing need for smaller, energy-efficient, and high optical density LEDs in diverse lighting applications acts as the major driving factor for the growth of chip scale package LED market globally. The backlighting unit (BLU) is expected to dominate the market in terms of market size during the forecast size due to its high demand in electronic products, such as TV, monitor, and other display systems.
General lighting and automotive lighting applications are expected to boost growth of the market in the upcoming years. However, its limited applications in the overall electronics industry acts as a major restraining factor for the market.
In this study, the chip scale package LED market is segmented based on application, power range, and region/country. By application, the market is segmented into backlighting unit (BLU), general lighting, automotive lighting, flash lighting, and others. By power range, the market is segmented into high power and low- and mid-power.
Finally, the regions covered in this study are North America- US, Canada, and Mexico; Europe- Germany, France, the UK, and the rest of Europe; Asia-Pacific- China, India, Japan, and the rest of Asia-Pacific; and the rest of the world, which includes Middle East and Africa and Latin America.
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Key Players:
The prominent players in Chip scale package LED market are Lumileds Holding B.V. (US), Samsung Electronics Co., Ltd. (South Korea), Semiconductor Co., Ltd. (South Korea), OSRAM Opto Semiconductors GmbH (Germany), LG Innotek (South Korea), Epistar Corp. (Taiwan), Cree, Inc. (US), Genesis Photonics Inc. (Taiwan), Semileds Corporation (Taiwan), and Lextar Electronics Corporation (Taiwan).
Regional Analysis
The global market for global chip scale package LED is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of the market is studied for North America, Europe, Asia-Pacific, and the rest of the world.
Asia Pacific is presumed to have largest contribution in the chip scale package LED market. China, Japan, India, Taiwan, and South Korea are the leading countries in the region. The region is considered as the most potential region in terms of development and adoption of chip scale package LEDs in the areas of smartphone and display systems.
North America is anticipated to be the fastest growing region in the chip scale package LED market over the forecast period. The US and Canada are the leading countries in the North America chip scale LED market. The high growth can be attributed to the presence of many innovative semiconductor companies in the region that support boosting growth of chip scale LED products in the North America market.
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Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
Continued…
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According to Market Research Future (MRFR), the global chip-scale package LED market is expected to develop from USD 743.8 million in 2018 to USD 1.8 billion by 2023, with a CAGR of 19.4% from 2018 to 2023 (forecast period).
Drivers and Restraints The most important dynamic factors for the chip scale package LED markets are low production cost and high package density.
The chip-scale package LED market is driven by influential factors such as low-cost potential owing to the inadvertence of numerous packaging steps, small form factor with wide beam angle, and high package density and low thermal resistance and uniform current spreading boosts the market growth.
The product is anticipated to witness a huge adoption in the automotive sector.
The applications in general lighting are another huge opportunity for the chip scale package LED market to grow at a substantial rate in the upcoming years.
Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/7299 Competitive Analysis The major market players operating in the global chip-scale packaging market as identified by MRFR are Samsung Electronics Co., Ltd. (South Korea), Lumileds Holding B.V. (US), OSRAM Opto Semiconductors GmbH (Germany), LG Innotek (South Korea), Semiconductor Co., Ltd. (South Korea), Epistar Corp. (Taiwan), Cree, Inc. (US), Semileds Corporation (Taiwan), Genesis Photonics Inc. (Taiwan), and Lextar Electronics Corporation (Taiwan).
Market HighlightsGlobally, the Chip Scale Package LED market is expected to have significant growth over the forecast period.
The increasing need for smaller, energy-efficient, and high optical density LEDs in diverse lighting applications acts as the major driving factor for the growth of chip scale package LED market globally.
The backlighting unit (BLU) is expected to dominate the market in terms of market size during the forecast size due to its high demand in electronic products, such as TV, monitor, and other display systems.General lighting and automotive lighting applications are expected to boost growth of the market in the upcoming years.
However, its limited applications in the overall electronics industry acts as a major restraining factor for the market.In this study, the chip scale package LED market is segmented based on application, power range, and region/country.
By application, the market is segmented into backlighting unit (BLU), general lighting, automotive lighting, flash lighting, and others.
By power range, the market is segmented into high power and low- and mid-power.Finally, the regions covered in this study are North America- US, Canada, and Mexico; Europe- Germany, France, the UK, and the rest of Europe; Asia-Pacific- China, India, Japan, and the rest of Asia-Pacific; and the rest of the world, which includes Middle East and Africa and Latin America.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/7299Key Players:The prominent players in Chip scale package LED market are Lumileds Holding B.V. (US), Samsung Electronics Co., Ltd. (South Korea), Semiconductor Co., Ltd. (South Korea), OSRAM Opto Semiconductors GmbH (Germany), LG Innotek (South Korea), Epistar Corp. (Taiwan), Cree, Inc. (US), Genesis Photonics Inc. (Taiwan), Semileds Corporation (Taiwan), and Lextar Electronics Corporation (Taiwan).Regional AnalysisThe global market for global chip scale package LED is estimated to grow at a significant rate during the forecast period from 2018 to 2023.
Chip Scale Package LED Market 2021-2027New Study Reports " Chip Scale Package LED Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2027" has been Added on MarketResearchFuture.Introduction/Report Summary:This report provides in depth study of Chip Scale Package LED Market using SWOT analysis i.e.
In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.This report also analyzes the impact of Coronavirus COVID-19 on the Chip Scale Package LED industry.Globally, the Chip Scale Package LED market is expected to have significant growth over the forecast period.
General lighting and automotive lighting applications are expected to boost growth of the market in the upcoming years.
However, its limited applications in the overall electronics industry acts as a major restraining factor for the market.In this study, the chip scale package LED market is segmented based on application, power range, and region/country.
Finally, the regions covered in this study are North America- US, Canada, and Mexico; Europe- Germany, France, the UK, and the rest of Europe; Asia-Pacific- China, India, Japan, and the rest of Asia-Pacific; and the rest of the world, which includes Middle East and Africa and Latin America.Complete Report Details@ https://www.marketresearchfuture.com/reports/chip-scale-package-led-market-7299Key PlayersThe report has profiled some of the Important players prevalent in the global like – Lumileds Holding B.V. (US), Samsung Electronics Co., Ltd. (South Korea), Semiconductor Co., Ltd. (South Korea), OSRAM Opto Semiconductors GmbH (Germany), LG Innotek (South Korea), Epistar Corp. (Taiwan), Cree, Inc. (US), Genesis Photonics Inc. (Taiwan), Semileds Corporation (Taiwan), and Lextar Electronics Corporation (Taiwan) and more.This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Chip Scale Package LED.Regional AnalysisThe global market for global chip scale package LED is estimated to grow at a significant rate during the forecast period from 2018 to 2023.
The geographical analysis of the market is studied for North America, Europe, Asia-Pacific, and the rest of the world.Asia Pacific is presumed to have largest contribution in the chip scale package LED market.
