Global LED Packaging Market Size study, By Power Range (Low- & Mid-power LED packages, High-power LED packages), By Packaging Material (Plastic, Nanoceramic, Ceramics, Silicone Materials, Epoxy Molding Compound, Metal Alloys, Polymers, Glass Composites, Others), By Application (General Lighting, Automotive Lighting, Backlighting, Flash Lighting, Industrial, Others), and Regional Forecasts 2022-2028
- BIZ4957033
- 200 Pages
- May 2022
- Semiconductor and Electronics
An LED package is a plastic covering that transfers an LED phosphor and chip. The LED chip is the semiconductor element that emits light and the phosphor material changes some of this light into red and green wavelengths. This combination results in the white light that is released by the LED package. The growing demand for efficient UV LED packages, the rising need for LED packages in the display panel market, coupled with the increasing number of government initiatives and regulations promoting the use of LEDs for energy efficiency and environmental benefits are the chief factors that are fueling the global market demand. For instance, according to Statista, in 2021, the LED lighting market was recorded with USD 83.86 billion globally and the amount is projected to grow and reach USD 160.03 billion by 2026. Accordingly, the increasing adoption of LED lighting is propelling the demand for LED Packaging, thus, in turn, augments the market growth around the world. However, the lack of common open standards and high saturation in the LED packaging market due to the presence of a large number of manufacturers impedes the growth of the market over the forecast period of 2022-2028. Also, the growing adoption of CSP LEDs in automotive lighting applications and rising preference for UV LED-based curing systems for print label and packaging solutions is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global LED Packaging Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the rising adoption of high-end consumer electronics like smartphones and wearables, along with increasing investments in infrastructural development. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growth of the semiconductor industry, as well as rising government initiatives for the adoption of LED lighting systems, would create lucrative growth prospects for the LED Packaging Market across the Asia-Pacific region.
Major market players included in this report are:
Nichia Corporation
Osram Licht AG
Lumileds Holding B.V.
Seoul Semiconductor Co Ltd
Samsung Electronics Co., Ltd.
Everlight Electronics Co., Ltd.
Citizen Electronics Co., Ltd.
Shenzhen Crescent Optoelectronic Co. LTD.
LG Innotek
Stanley Electric Co., Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Power Range:
Low- & Mid-power LED packages
High-power LED packages
By Packaging Material:
Plastic
Nanoceramic
Ceramics
Silicone Materials
Epoxy Molding Compound
Metal Alloys
Polymers
Glass Composites
Others
By Application:
General Lighting
Automotive Lighting
Backlighting
Flash Lighting
Industrial
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global LED Packaging Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global LED Packaging Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global LED Packaging Market, by Power Range, 2020-2028 (USD Billion)
1.2.3. Global LED Packaging Market, by Packaging Material, 2020-2028 (USD Billion)
1.2.4. Global LED Packaging Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global LED Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global LED Packaging Market Dynamics
3.1. LED Packaging Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rising government initiatives and regulations for energy efficiency
3.1.1.2. Increasing demand for LED packages in display panel market
3.1.2. Market Challenges
3.1.2.1. Lack of common open standards
3.1.2.2. High saturation in LED packaging market due to the presence of large number of manufacturers
3.1.3. Market Opportunities
3.1.3.1. Growing adoption of CSP LEDs in automotive lighting applications
3.1.3.2. Rising preference for UV LED-based curing systems for print label and packaging solutions
Chapter 4. Global LED Packaging Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global LED Packaging Market, by Power Range
6.1. Market Snapshot
6.2. Global LED Packaging Market by Power Range, Performance - Potential Analysis
6.3. Global LED Packaging Market Estimates & Forecasts by Power Range 2018-2028 (USD Billion)
6.4. LED Packaging Market, Sub Segment Analysis
6.4.1. Low- & Mid-power LED packages
6.4.2. High-power LED packages
Chapter 7. Global LED Packaging Market, by Packaging Material
7.1. Market Snapshot
7.2. Global LED Packaging Market by Packaging Material, Performance - Potential Analysis
7.3. Global LED Packaging Market Estimates & Forecasts by Packaging Material 2018-2028 (USD Billion)
7.4. LED Packaging Market, Sub Segment Analysis
7.4.1. Plastic
7.4.2. Nanoceramic
7.4.3. Ceramics
7.4.4. Silicone Materials
7.4.5. Epoxy Molding Compound
7.4.6. Metal Alloys
7.4.7. Polymers
7.4.8. Glass Composites
7.4.9. Others
Chapter 8. Global LED Packaging Market, by Application
8.1. Market Snapshot
8.2. Global LED Packaging Market by Application, Performance - Potential Analysis
8.3. Global LED Packaging Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
8.4. LED Packaging Market, Sub Segment Analysis
8.4.1. General Lighting
8.4.2. Automotive Lighting
8.4.3. Backlighting
8.4.4. Flash Lighting
8.4.5. Industrial
8.4.6. Others
Chapter 9. Global LED Packaging Market, Regional Analysis
9.1. LED Packaging Market, Regional Market Snapshot
9.2. North America LED Packaging Market
9.2.1. U.S. LED Packaging Market
9.2.1.1. Power Range estimates & forecasts, 2018-2028
9.2.1.2. Packaging Material estimates & forecasts, 2018-2028
9.2.1.3. Application estimates & forecasts, 2018-2028
9.2.2. Canada LED Packaging Market
9.3. Europe LED Packaging Market Snapshot
9.3.1. U.K. LED Packaging Market
9.3.2. Germany LED Packaging Market
9.3.3. France LED Packaging Market
9.3.4. Spain LED Packaging Market
9.3.5. Italy LED Packaging Market
9.3.6. Rest of Europe LED Packaging Market
9.4. Asia-Pacific LED Packaging Market Snapshot
9.4.1. China LED Packaging Market
9.4.2. India LED Packaging Market
9.4.3. Japan LED Packaging Market
9.4.4. Australia LED Packaging Market
9.4.5. South Korea LED Packaging Market
9.4.6. Rest of Asia Pacific LED Packaging Market
9.5. Latin America LED Packaging Market Snapshot
9.5.1. Brazil LED Packaging Market
9.5.2. Mexico LED Packaging Market
9.6. Rest of The World LED Packaging Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Nichia Corporation
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Osram Licht AG
10.2.3. Lumileds Holding B.V.
10.2.4. Seoul Semiconductor Co Ltd
10.2.5. Samsung Electronics Co., Ltd.
10.2.6. Everlight Electronics Co., Ltd.
10.2.7. Citizen Electronics Co., Ltd.
10.2.8. Shenzhen Crescent Optoelectronic Co. LTD.
10.2.9. LG Innotek
10.2.10. Stanley Electric Co., Ltd.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
TABLE 1. Global LED Packaging market, report scope
TABLE 2. Global LED Packaging market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global LED Packaging market estimates & forecasts by Power Range 2018-2028 (USD Billion)
TABLE 4. Global LED Packaging market estimates & forecasts by Packaging Material 2018-2028 (USD Billion)
TABLE 5. Global LED Packaging market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 6. Global LED Packaging market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global LED Packaging market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global LED Packaging market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global LED Packaging market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global LED Packaging market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global LED Packaging market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global LED Packaging market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global LED Packaging market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global LED Packaging market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. Global LED Packaging market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. U.S. LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 17. U.S. LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 18. U.S. LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 19. Canada LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 20. Canada LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 21. Canada LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 22. UK LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 23. UK LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 24. UK LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 25. Germany LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 26. Germany LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 27. Germany LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 28. RoE LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 29. RoE LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 30. RoE LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 31. China LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 32. China LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 33. China LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 34. India LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 35. India LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 36. India LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 37. Japan LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 38. Japan LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 39. Japan LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 40. RoAPAC LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 41. RoAPAC LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 42. RoAPAC LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 43. Brazil LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 44. Brazil LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 45. Brazil LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 46. Mexico LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 47. Mexico LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 48. Mexico LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 49. RoLA LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 50. RoLA LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 51. RoLA LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 52. Row LED Packaging market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 53. Row LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 54. Row LED Packaging market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 55. List of secondary sources, used in the study of global LED Packaging market
TABLE 56. List of primary sources, used in the study of global LED Packaging market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered
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