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Lucintel Forecasts Chip Scale Package Led Market To Grow At A Cagr Of 16% To 18% From 2020 To 2025
According to the recent study the chip scale package LED market is projected to grow at a CAGR of 16% to 18% from 2020 to 2025. Growth in this market is primarily driven by small form factor, wide beam angle, high package density, and increasing adoption in general lighting applications.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in chip scale package LED market by application (backlighting unit, flash lighting, general lighting, automotive, and others), power range (low- & mid-power, and high-power), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW)).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/chip-scale-package-led-market.aspx
“Automotive industry market is expected to remain the largest segment during the forecast period.”
Based on application, the chip scale package LED market is segmented into backlighting unit, flash lighting, general lighting, automotive, and others. Lucintel forecasts that the automotive industry ...
... market is expected to remain the largest segment due to its low thermal resistance and uniform current spreading and growth of the automotive lighting market.
“Asia pacific will dominate the chip scale package LED market in near future”
APAC is expected to remain the largest market due to the presence of leading CSP LED manufacturers and customers spread across countries such as South Korea, China, Japan, and Taiwan.
Download Brochure of this report by clicking on https://www.lucintel.com/chip-scale-package-led-market.aspx
Major players of chip scale package LED market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Apollo, Samsung, Seoul Semiconductor, LG Innotek, OSRAM, Nichia, EPISTAR, Smart Global Holdings, Genesis Photonics, and Lumens are among the major chip scale package LED providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/chip-scale-package-led-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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