The global chip scale package LED market is projected to grow at a CAGR of 16% to 18% from 2020 to 2025. The growth of chip scale package LED market is driven by small form factor, wide beam angle, high package density, and increasing adoption in general lighting applications.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the chip scale package
(CSP) LED market by application (backlighting unit, flash lighting, general
lighting, automotive, and others), power range (low- & mid-power, and high-power),
and region (North America, Europe, Asia Pacific (APAC), and Rest of the World
(ROW))?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the chip scale package LED market?
Q.4 What are some
changing demands of customers in the chip scale package LED market?
Q.5 What are the new
developments in the chip scale package LED market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this chip scale package LED area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this chip scale package LED
market?
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Market Segmentation:
Based on application,
the chip scale package LED market is segmented into backlighting unit, flash
lighting, general lighting, automotive, and others. The automotive industry
segment accounted for the largest share of the market in 2020 and is expected
to register the highest CAGR during the forecast period, due to its low thermal
resistance and uniform current spreading and growth of the automotive lighting
market.
APAC is expected to remain the largest market due to the presence of leading
CSP LED manufacturers and customers spread across countries such as South
Korea, China, Japan, and Taiwan.
Key Players in the chip
scale package LED market are Apollo, Samsung, Seoul Semiconductor, LG Innotek,
OSRAM, Nichia, EPISTAR, Smart Global Holdings, Genesis Photonics, and Lumens.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/chip-scale-package-led-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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