Insights on the LED Packaging Global Market to 2026 – Featuring Edison Opto, LG Innotek and Nichia Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global LED Packaging Market (2021-2026) by Application Type, LED Packaging Type, Power Range Type, Wavelength Type, Packaging Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.
The Global LED Packaging Market is estimated to be USD 17.8 Bn in 2021 and is expected to reach USD 23.6 Bn by 2026, growing at a CAGR of 5.8%.
The Global LED Packaging Market growing demand and adoption of LED packaging by various industries, mainly automotive, includes surged demand for CSP LEDs, display panel market, healthcare and medical, and others are driving the market’s growth. Additionally, increasing initiatives and regulations to promote LEDs for environmental benefits and energy-efficient solutions fuels the market’s growth. Apart from this, a high amount of perfect competition with many manufacturers restricts the market’s growth.
Furthermore, developing horticulture lights, human-centric lighting solutions, and growing preferences towards UV LED-based curing systems for printing labels and packing solutions will create opportunities for the market to grow. Moreover, the lack of common standards for LED packaging is a challenge for the market.
Market Segmentation
- The Global LED Packaging Market is segmented further based on Application Type, LED Packaging Type, Power Range Type, Wavelength Type, Packaging Type, and Geography.
- By Application Type, the market is classified into Automotive Lighting, Backlighting, Flash Lighting, General Lighting, Industrial, and Others.
- By LED Packaging Type, the LED Packaging market is classified into COB, CSP, SMD, and Others.
- By Power Range Type, the LED Packaging market is classified into Low-& Mid-Power LED Packages and High-Power LED Packages.
- By Wavelength Type, the LED Packaging market is classified into Deep UV, Visible & Infrared.
- By Packaging Type, the LED Packaging market is classified into Epoxy Molding Compound, Ceramics, Glass Composites, Metal Alloys, Nanoceramic, Plastic, Polymers, Silicone Materials, and Others.
- By Geography, Asia Pacific is projected to lead the market.
Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global LED Packaging Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.
Market Dynamics
Drivers
- Growing Demand and Adoption of LED Packaging by Various Industries
- Increasing Initiatives and Regulation in Adoption of Energy-Efficient Solutions
Restraints
- High Amount of Perfect Competition
Opportunities
- Developing Horticulture Lights and Human-Centric Lighting Solutions
- Growing Preference Towards UV LED-based Curing Systems
Challenges
- Lack of Common Open Standards for LED Packaging
Companies Mentioned
- CITIZEN ELECTRONICS CO LTD
- Dow, Inc
- Edison Opto Corp
- Epistar Corporation
- Everlight Electronics Co Ltd
- Flory Optoelectronics Materials Co Ltd
- Hongli Zhihui Group Co LTD
- Jiangsu Bree Optronics Co Ltd
- Lextar Electronics Corporation
- LG Innotek
- LITE-ON Technology Corporation
- Lumileds Holding B.V
- Luminus, Inc
- MLS Co Ltd
- NationStar Optoelectronics Co Ltd
- Nichia Corporation
- OSRAM Licht AG
- ProLight Opto Technology Corp
- Plessey Semiconductors Ltd
- Projection Lighting (alphaLED)
- Samsung Electronics Co Ltd
- SCHOTT
- Seoul Semiconductor Co Ltd
- Shenzhen Crescent Optoelectronic Co Ltd
- Signify Holding
- Stanley Electric Co Ltd
- TDK Corporation
- TOYODA GOSEI Co Ltd
- TSLC Corporation
- Violumas
- Wolfspeed, Inc
For more information about this report visit https://www.researchandmarkets.com/r/mahm94
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