The LED packaging market was valued at USD 17.08 billion in 2016 and is expected to reach USD 26.39 billion by 2023, at a CAGR of 6.2% during the forecast period. The base year considered for the study is 2016 and the forecast period is between 2017 and 2023.

Objectives of the Study:

Define, describe, and forecast the overall market segmented, in terms of value, on the basis of package type, packaging material, application, and geography
Forecast the size of the market segments, in terms of value, with respect to 4 major regions North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
Provide detailed information regarding the major factors influencing the growth of the LED packaging market (drivers, restraints, opportunities, and challenges)
Analyze the micromarkets with respect to individual growth trends, prospects, and contribution to the overall market
Analyze opportunities in the market for various stakeholders by identifying high-growth segments of the market
Benchmark players in the market using the proprietary competitive leadership mapping framework, which analyzes the market players on various parameters within the broad categories of strength of product portfolio and business strategy excellence

To know about the assumptions considered for the study, download the pdf brochure
This report provides valuable insights on the ecosystem of the LED packaging market. The major players in the market include Nichia (Japan), Samsung (South Korea), Osram (Germany), LG Innotek (South Korea), Cree (US), Lumileds (Netherlands), Seoul Semiconductor (South Korea), Stanley Electric (Japan), Everlight Electronics (Taiwan), Epistar (Taiwan), Toyoda Gosei (Japan), TT Electronics (UK), Kulicke and Soffa (Singapore), Dow Corning (US), and Citizen Electronics (Japan), among others.