CSP LED Market by Top Manufactures, Material, Production, Geography 2020 Analysis

and Forecast 2023

Chip Scale Package (CSP) LED Market Synopsis

Globally, the chip scale package LED Market is expected to grow from USD 743.8 million in 2018
to USD 1,807.5 million by 2023, at a CAGR of 19.4% during the forecast period, 2018–2023.
Chip scale package LED is an advancement over traditional LEDs where the packaging process
includes attachment of a die with an interposer (ceramic substrate), resulting into a packaged
LED. In the manufacturing process of a chip scale package LED, the packaging processes are
avoided as the chip is singulated and coated using phosphor. Once the wafer is diced, a chip
scale package LED becomes ready for use on a PCB. By eliminating many production processes,
the manufacturing cost of chip scale LED is also much lesser than a traditional LED. This also
reduces the chances of manufacturing defective products.
Get Free Sample of Chip Scale Package (CSP) LED Market Report @
https://www.marketresearchfuture.com/sample_request/7299
The major driving factors for the chip scale package LED market are low manufacturing cost,
and high package density. The product is expected to witness a huge adoption in the automotive
sector. The applications in general lighting is another big opportunity for the chip scale package
LED market to grow with significant rate in the upcoming years. Limited applications of the chip
scale package LEDs acts as a major restraining factor for the market. In the applications
segment, 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.
Chip Scale Package (CSP) LED Market 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).
Chip Scale Package (CSP) LED Market Competitive Analysis
According to the latest trend in the chip scale package LED market, most enterprises are
expanding their technological capabilities, with increased investments in research and
developments activities. Most of the companies have adopted inorganic strategy to expand their
businesses, wherein, partnership and collaboration accounted for XX%, whereas; merger &
acquisition accounted for XX% of the overall key development undergone by the key players in
the market.
Chip Scale Package (CSP) LED Market Segmentation.
The global chip scale package LED Market is segmented into 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.
By region, the market is segmented into North America, Europe, Asia-Pacific, and rest of the
world.
Chip Scale Package (CSP) LED Market Regional Analysis
The global market for chip scale package LED is estimated to grow at a significant rate during
the forecast period from 2018 to 2023. The geographical analysis of global chip scale package
LED market is studied for North America, Europe, Asia-Pacific, and rest of the world.
Asia Pacific is expected to dominate the chip scale package LED market during the forecast
period. Asia Pacific 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. The
region has a huge potential for revenue generation in the chip scale package LED market,
particularly from consumer electronics industry verticals. China is expected to be the
dominating country in the Chip scale package LED market in Asia Pacific region during the
forecast period.
North America is expected to grow at the fastest rate during the forecast period. The region has
presence of many innovative semiconductor companies that support in boosting growth of chip
scale LED products in the region. US is the leading country in the North America region in terms
of market share and this trend is expected to continue in the upcoming years.
Access Chip Scale Package (CSP) LED Market Report Details @
https://www.marketresearchfuture.com/reports/chip-scale-package-led-market-7299
Intended Audience
LED Foundaries
Wafer suppliers
EPI Houses
Display System Manufacturers
Semiconductor component suppliers
Standard Making Bodies and Associations
Venture Capitalists
Resellers and Distributors
Original Equipment Manufacturers/Original Device Manufacturers
End User Industries
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of
various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports
(HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research &
Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com