Report overview
The key drivers for the growth of the LED packaging market include increasing demand for high power grade LED packages for lighting applications; rising demand for LED packages in the market for display panels.
This report aims to provide a comprehensive presentation of the global market for LED Packaging, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LED Packaging. This report contains market size and forecasts of LED Packaging in global, including the following market information:
Global LED Packaging Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global LED Packaging market was valued at US$ 724.1 million in 2023 and is projected to reach US$ 1819.5 million by 2029, at a CAGR of 14.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
APAC accounted for the largest market for LED packaging in 2016. It is expected to be the fastest-growing market owing to the growth of applications such as general lighting, automotive, and backlighting.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LED Packaging companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LED Packaging Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global LED Packaging Market Segment Percentages, by Type, 2023 (%)
SMD Packaging
COB Packaging
CSP Packaging
Global LED Packaging Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global LED Packaging Market Segment Percentages, by Application, 2023 (%)
General Lighting
Automotive Lighting
Backlighting
Global LED Packaging Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global LED Packaging Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LED Packaging revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies LED Packaging revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cree
Osram
Samsung
Nichia
LG Innotek
Epistar
Seoul Semiconductor
Stanley Electric
Everlight Electronics
Lumileds
Toyoda Gosei
TT Electronics
Kulicke & Soffa
DowDuPont
Citizen Electronics
Outline of Major Chapters:
Chapter 1: Introduces the definition of LED Packaging, market overview.
Chapter 2: Global LED Packaging market size in revenue.
Chapter 3: Detailed analysis of LED Packaging company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of LED Packaging in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
