According to a new report Global LED Packaging Market, published by KBV research, the Global LED Packaging Market size is expected to reach $26.1 billion by 2023, rising at a market growth of 6.1% CAGR during the forecast period.
The Asia Pacific market holds the largest market share in Global Substrates Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 5 % during the forecast period. The Europe market is expected to witness a CAGR of 4.5% during (2017 - 2023) in Global Ceramic Packages System Market. Additionally, The North America market is expected to witness a CAGR of 3.6% during (2017 - 2023) in Global Lead Frames Market.
The Surface Mount Device market holds the largest market share in Global LED Packaging Market by Package Type in 2016, and would continue to be a dominant market till 2023. The Chip Scale Package market is expected to witness a CAGR of 7.1% during (2017 - 2023). Additionally, The Chip on Board market would garner market size of $7,314.7million by 2023.
The General Lighting market holds the largest market share in Global LED Packaging Market by Application in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 5.4 % during the forecast period. The Backlighting market is expected to witness a CAGR of 5.8% during (2017 - 2023). Additionally, The Automotive Lighting market is expected to witness highest CAGR of 7.4% during (2017 - 2023).
Full Report: https://www.kbvresearch.com/led-packaging-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global LED Packaging Market have been discussed in the report with the elaborated company profiles of Samsung Electronics Co., Ltd., Cree Inc., OSRAM Licht AG, Koninklijke Philips N.V. (Lumileds), Nichia Corporation, LG Corporation (LG Innotek), Epistar Corporation,Stanley Electric Co. Ltd., Everlight Electronics, and TT Electronics.
By Packaging Material
By Package Type
By Application
By Geography
Companies Profiled
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Related Reports:
North America LED Packaging Market
Asia Pacific LED Packaging Market
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