Global Chip Scale Package (CSP) LED report has been created in such a way that it proves to be the most suitable to the business needs. Moreover, this market report gives idea to clients about the market drivers and restraints with the help of SWOT analysis and also provides all the CAGR projections for the historic year 2017, base year 2018 and forecast period of 2019-2026. This market study also evaluates the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
Global chip scale package (CSP) LED market is expected to rise to an estimated value of USD 2909.43 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the various benefits associated with the product such as wide beam angle, high density in packages along with small form factor.
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Global Chip Scale Package (CSP) LED Market By Application (BLU, General Lighting, Automotive Lighting, Flash Lighting, Others), Power Range (Low & Mid-Power, High-Power), End-User (Industrial, Residential, Commercial), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Complete report on Global Chip Scale Package (CSP) LED Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Chip Scale Package (CSP) LED Market
Chip scale package (CSP) light emitting diode (LED) is a type of integrated circuit structure providing illumination by equipping the circuit package with an LED light. These packages are less than 20% of the size of an LED chip and are revolutionary technologies helping reduce the requirement of additional components for manufacturing of these packages.
Key Questions Answered in Global Chip Scale Package (CSP) LED Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Chip Scale Package (CSP) LED Market in 2026?
- What are the key factors driving, Analysis by Applications and Countries Global Chip Scale Package (CSP) LED Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Chip Scale Package (CSP) LED Market?
- Who are Opportunities, Risk and Driving Force of Global Chip Scale Package (CSP) LED Market?
- Who are the opportunities and threats faced by the vendors in Global Chip Scale Package (CSP) LED Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Chip Scale Package (CSP) LED Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Lumileds Holding B.V.;
- OSRAM GmbH;
- Semiconductor Co., Ltd.;
- LG INNOTEK;
- NICHIA CORPORATION;
- Cree, Inc.;
- Genesis Photonics Inc.;
- SEMILEDS CORPORATION;
- Lumens Co., Ltd.;
- Lextar Electronics Corporation;
- Shenzhen MTC;
- ShenZhen Dpower Opto-electronic Co.,Ltd;
- Hongli Zhihui Group Co.,LTD.;
- Bridgelux, Inc.;
- ProLight Opto Technology Corporation;
- among others.
- Lower cost as compared to other forms of LED packages due to their reduced cost of packaging; this factor is expected to drive the growth of the market
- Reduce resistance against thermal energy along with consistent current spread in these products also acts as a market driver
- Increasing areas of application with growing industries worldwide is another factor boosting the market growth
- Increasing prevalence of market players present across the various geographical regions of the world helping expand the market share will also drive the market growth in the forecast period
- Concerns regarding high pressure on LED foundries; this factor is expected to hinder the growth of the market
- Lack of applications in economical options resulting in application for premium product range will also restrict the market growth
- Large levels of wastage of thermal energy; this factor is expected acts as a market restraint
Key Developments in the Market:
- In March 2018, OSRAM GmbH announced that their subsidiary OSRAM Opto Semiconductors GmbH displayed the prototype of “Oslon Pure 1010” during the “Light+Building” exhibiting held in Frankfurt, Germany. The prototype was sized at 1mm * 1mm and has been designed for use in spotlights used in retail lighting. The scalability of this CSP LED package has been produced for flexibility of individual lighting options
- In January 2018, LG INNOTEK announced that they had successfully developed an advanced flip chip LED package capable of operating on a high efficiency and high luminous flux and performance characteristics even after undergoing the soldering process generally involving temperatures of up to 3000C. The package has been developed by enhancing the structure of the package internally having a specialised production process and innovating the mounting technology
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Global Chip Scale Package (CSP) LED Market is segmented on the basis of
- Power Range
Market Segmentations in Details:
- Backlighting Unit (BLU)
- General Lighting
- Automotive Lighting
- Flash Lighting
By Power Range
- Low & Mid-Power
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Rest of South America
Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Competitive Analysis: Global Chip Scale Package (CSP) LED Market
Global chip scale package (CSP) LED market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of chip scale package (CSP) LED market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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