March 04, 2022 07:03 ET | Source: Research and Markets Research and Markets
Dublin, March 04, 2022 (GLOBE NEWSWIRE) -- The "Global LED Packaging Market (2021-2026) by Application Type, LED Packaging Type, Power Range Type, Wavelength Type, Packaging Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global LED Packaging Market is estimated to be USD 17.8 Bn in 2021 and is expected to reach USD 23.6 Bn by 2026, growing at a CAGR of 5.8%. Market Dynamics
The Global LED Packaging Market growing demand and adoption of LED packaging by various industries, mainly automotive, includes surged demand for CSP LEDs, display panel market, healthcare and medical, and others are driving the market's growth. Additionally, increasing initiatives and regulations to promote LEDs for environmental benefits and energy-efficient solutions fuels the market's growth. Apart from this, a high amount of perfect competition with many manufacturers restricts the market's growth. Furthermore, developing horticulture lights, human-centric lighting solutions, and growing preferences towards UV LED-based curing systems for printing labels and packing solutions will create opportunities for the market to grow. Moreover, the lack of common standards for LED packaging is a challenge for the market. Market Segmentation
Some of the companies covered in this report are Everlight Electronics Co Ltd, LITE-ON Technology Corporation, Lumileds Holding B.V, MLS Co Ltd, NationStar Optoelectronics Co Ltd, Nichia Corporation, OSRAM Licht AG, Samsung Electronics Co Ltd, Seoul Semiconductor Co Ltd, and Wolfspeed, Inc, etc. Countries Studied
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Why buy this report?
Key Topics Covered: 1 Report Description 2 Research Methodology 3 Executive Summary 4 Market Influencers 4.1 Drivers 4.1.1 Growing Demand and Adoption of LED Packaging by Various Industries 4.1.2 Increasing Initiatives and Regulation in Adoption of Energy-Efficient Solutions 4.2 Restraints 4.2.1 High Amount of Perfect Competition 4.3 Opportunities 4.3.1 Developing Horticulture Lights and Human-Centric Lighting Solutions 4.3.2 Growing Preference Towards UV LED-based Curing Systems 4.4 Challenges 4.4.1 Lack of Common Open Standards for LED Packaging 5 Market Analysis 5.1 Porter's Five Forces Analysis 5.2 Impact of COVID-19 5.3 Ansoff Matrix Analysis 6 Global LED Packaging Market, By Application Type 6.1 Introduction 6.2 Automotive Lighting 6.3 Backlighting 6.4 Flash Lighting 6.5 General Lighting 6.6 Industrial 6.7 Others 7 Global LED Packaging Market, By Package Type 7.1 Introduction 7.2 COB 7.3 CSP 7.4 SMD 7.5 Others 8 Global LED Packaging Market, By Power Range Type 8.1 Introduction 8.2 Low-& Mid-Power LED Packages 8.3 High-Power LED Packages 9 Global LED Packaging Market, By Wavelength Type 9.1 Introduction 9.2 Deep UV 9.3 Visible & Infrared 10 Global LED Packaging Market, By Packaging Type 10.1 Introduction 10.2 Epoxy Molding Compound 10.3 Ceramics 10.4 Glass Composites 10.5 Metal Alloys 10.6 Nanoceramic 10.7 Plastic 10.8 Polymers 10.9 Silicone Materials 10.10 Others 11 Global LED Packaging Market, By Geography 12 Competitive Landscape 12.1 Competitive Quadrant 12.2 Market Share Analysis 12.3 Strategic Initiatives 12.3.1 M&A and Investments 12.3.2 Partnerships and Collaborations 12.3.3 Product Developments and Improvements 13 Company Profiles 13.1 CITIZEN ELECTRONICS CO LTD 13.2 Dow, Inc 13.3 Edison Opto Corp 13.4 Epistar Corporation 13.5 Everlight Electronics Co Ltd 13.6 Flory Optoelectronics Materials Co Ltd 13.7 Hongli Zhihui Group Co LTD 13.8 Jiangsu Bree Optronics Co Ltd 13.9 Lextar Electronics Corporation 13.10 LG Innotek 13.11 LITE-ON Technology Corporation 13.12 Lumileds Holding B.V 13.13 Luminus, Inc 13.14 MLS Co Ltd 13.15 NationStar Optoelectronics Co Ltd 13.16 Nichia Corporation 13.17 OSRAM Licht AG 13.18 ProLight Opto Technology Corp 13.19 Plessey Semiconductors Ltd 13.20 Projection Lighting (alphaLED) 13.21 Samsung Electronics Co Ltd 13.22 SCHOTT 13.23 Seoul Semiconductor Co Ltd 13.24 Shenzhen Crescent Optoelectronic Co Ltd 13.25 Signify Holding 13.26 Stanley Electric Co Ltd 13.27 TDK Corporation 13.28 TOYODA GOSEI Co Ltd 13.29 TSLC Corporation 13.30 Violumas 13.31 Wolfspeed, Inc 14 Appendix For more information about this report visit https://www.researchandmarkets.com/r/6x86ln