United States LED Packaging Market Outlook 2027 By Security Type, Size, Share, Trends, Growth

According to TechSci Research, United States LED Packaging Market is expected to grow at a robust CAGR, over the next five years, because of the increasing adoption of LED packaging in end use industries like electronics where LEDs are used in display panels of televisions and mobile phones. Moreover, the growing use of high grade and efficient LED Packages for various lighting applications and the rising demand for smart, energy conserving lighting solutions for residential as well as industrial lighting will drive the United States LED Packaging Market further. Based on package type segment of the LED Packaging market, Chip Scale Package (CSP) is predicted to lead the market in the next five years, due to its advantages like thinner profile, compact package footprint, reduced weight and better electrical performance etc over others. Based on the applications, general lightning segment is anticipated to occupy the largest market share in the forecast period due to the increasing need of cost-effective and energy saving lighting in residential and commercial areas.

Some of the leading players in the United States LED Packaging market are Samsung, LG Innotek, Cree, Osram, Nichia, Epistar, Lumileds, Stanley Electric, Seoul Semiconductor, Kulicke & Soffa etc.

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Objective of the Study:

  • To analyse and forecast the market size of the United States LED Packaging Market, in terms of value.
  • To classify and forecast the United States LED Packaging Market based on package type, packaging material, applications and regional distribution.
  • To identify drivers and challenges for the United States LED Packaging Market.
  • To examine competitive developments such as expansions, mergers & acquisitions, etc., in the United States LED Packaging Market.
  • To conduct the pricing analysis for the United States LED Packaging Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of the United States LED Packaging Market.


TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers in the United States. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the components, types, business functions, deployment models, distribution channels and presence of all major manufacturers in the United States.

TechSci Research calculated the market size of United States LED Packaging using a bottom-up approach, where value sales data for LED Packaging market was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.


Key Target Audience:

  • LED Packaging Providers.
  • Raw Material Suppliers.
  • Distributors and Traders of LED materials.
  • Manufacturing Equipment Providers.
  • Research Organizations and Consulting Companies.
  • Market Research and Consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022E

Forecast Period

2023F – 2027F

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Package Type

·         Packaging Material

·         Application

Region Scope

South-Region, West-Region, Mid-West Region & Northeast-Region

Key Companies Profiled

Samsung, LG Innotek, Cree, Osram, Nichia, Epistar, Lumileds, Stanley Electric, Seoul Semiconductor, Kulicke & Soffa

Customization Scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, United States LED Packaging market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • United States LED Packaging Market, By Package Type:
    • Surface Mount Device Package (SMD)
    • Chip on Board Package (COB)
    • Chip Scale Package (CSP)
    • Others
  • United States LED Packaging Market, By Packaging Material:
    • Lead Frames
    • Substrates
      • Silicon Carbide
      • Silicon
      • Sapphire
    • Ceramic Packages
      • LEDs With Sintered Ceramic Package
      • LEDs With Ceramic Substrate and Silicon
      • LEDs With Ceramic Substrate and Glass
    • Bonding Wire
    • Encapsulation Resins
    • Other Packaging Materials
  • United States LED Packaging Market, By Applications:
    • General Lighting
      • Residential Lighting
      • Industrial Lighting
      • Outdoor Lighting
      • Other General Lighting
    • Automotive Lighting
      • Interior Lighting
      • Exterior Lighting
    • Backlighting
    • Other Applications
  • United States LED Packaging Market, by Region:
    • Northeast Region
    • South Region
    • Mid-West Region
    • West Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in LED Packaging Market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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