Increased usage in display backlighting applications and in automotive sector to replace conventional headlights are some key factors driving CSP LED market revenue growth
The Chip Scale Package LED Market report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies. The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern.
Chip scale package LEDs are designed for sophisticated retail lighting in branded jewelry and fashion boutiques stores. Professional designs for small luminaires and customized Chip-on-Board (CoB) are main applications supported by CSP LEDs, as it enables smaller and narrowest beam angle spotlights. Surge in adoption in general lighting and rapid developments in CSP LEDs with GaN-on-Si (Gallium Nitride on Silicon) is expected to further drive revenue growth of the market in the coming years. However, overburden on LED foundries acts as a restraining factor for market growth.
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Leading companies profiled in the report:
LG Innotek, Lumileds, Seoul Semiconductor, Samsung Electronics, Cree, Nichia, Osram Opto Semiconductors, Genesis Photonics, Epistar, and Lextar Electronics.
Regional Overview:
The global Chip Scale Package LED market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Chip Scale Package LED market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Chip Scale Package LED Market segmentation
Emergen Research has segmented the global Chip Scale Package LED market on the basis of power, application, end-use, and region:
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Key point summary of the report:
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Outlook of Chip Scale Package LED Market:
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