Europe LED Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Europe LED Packaging Market is Segmented by Packaging Type (Chip-on-board, Surface-mounted Device, Chip Scale Packaging), End-user Vertical (Residential, Commercial), and Country.

Europe LED Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Europe LED Packaging Market Size

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europe led packaging market analysis
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 8.20 %
Market Concentration Medium

Major Players

europe led packaging market key players

*Disclaimer: Major Players sorted in no particular order

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Europe LED Packaging Market Analysis

The Europe LED Packaging Market is expected to register a CAGR of 8.2% during the forecast period.

  • The LED packaging market's growth is driven by the surge of demand for efficient UV LED packages amid the pandemic of disinfection systems. UV LEDs are also used in UV curing and biomedical research. UV radiation can be classified into UV-A, UV-B, and UV-C. The pandemic has boosted the demand for UV-C LEDs, with the light having germicidal properties by killing the bacteria and viruses by destroying their nucleic acids and disrupting the DNAs. Currently, UV-C LEDs are used in air, water, and surface disinfection systems while offering longer lifetimes and reliability.
  • The recent government initiatives and regulations are promoting the use of LEDs for energy conservation, efficiency, and environmental benefits. This has driven the market for SMD LEDs that are versatile and can accommodate chips with complex designs. SMD LED packages used in luminaires are growing continuously due to the superior energy efficiency of these LEDs compared to other conventional light sources. This growth can also be attributed to the steep fall in the price of SMD LEDs, thereby making them affordable for consumers.
  • LED packages market is also driven by the automotive interior and exterior lighting due to the high demand for central stack displays and instrument cluster displays. The latest trend in LED packaging technology is CSP technology, which has gained momentum in recent years in the automotive vertical owing to its features such as high optical density, good lumen maintenance, color stability, reduced current consumption, and reliability over conventional LED packages. 
  • Additionally, the automotive display market in the region is expected to experience substantial developments in the coming years. For instance, the introduction of augmented reality-enabled OLED in the automotive display market and some of the major automotive manufacturers in Europe have started to integrate OLED displays in dashboards and other screens from 2020 in most of their vehicles due to the high demand for central stack displays and instrument cluster displays.
  • The market is witnessing intense competition owing to the surged price pressure and increased number of manufacturers offering these LED packages. The global consumer base for TVs has reached saturation as consumers keep using old products as long as they serve their expectations, resulting in limited demand for new technology-based products. Additionally, the increased pricing competition in the LED packaging market has pressured LED manufacturers to develop innovative lighting solutions.
  • The LED packaging business saw a decline in the European Market market due to the COVID-19 pandemic. Many countries in Europe implemented more stringent infection control measures because of the spread of COVID-19. Some of the primary critical players in the market saw an unprecedented slump in the LED packaging business. The ongoing trade disputes, geopolitical uncertainties, and the continued decline in automotive manufacturing are the other crucial challenges in the European LED packaging market.

Europe LED Packaging Industry Overview

The market is witnessing mergers and acquisitions by vendors, thereby, offering lucrative opportunities to the companies that enable them to boost technological advancements and market growth. Some of the prominent players in the market are investing in new technologies and solutions for the labeling industry, which is expected to drive the investment in the market further.

  • January 2021 - Osram group has launched Osconiq C 2424, a chip scale package LED. Outdoor luminaires may be made more efficient and cost-effective with their industry-leading efficiency. Furthermore, it has a long lifespan.
  • October 2020 - Cree, Inc. announced that it had reached a deal with SMART Global Holdings, Inc. to sell its LED Products business unit ('Cree LED') for up to USD 300 million, comprising fixed upfront and deferred payments, as well as contingent consideration.

Europe LED Packaging Market Leaders

  1. Cree Inc.

  2. OSRAM Licht AG

  3. Samsung Electronics Co., Ltd.

  4. LG Corporation (LG Innotek)

  5. TT Electronics

  6. *Disclaimer: Major Players sorted in no particular order
Cree Inc. OSRAM Licht AG Samsung Electronics Co., Ltd. LG Corporation (LG Innotek) TT Electronics
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Europe LED Packaging Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government Initiatives and Regulations to Adopt Energy-efficient LEDs
    • 4.2.2 Increasing Demand for Smart Lighting Solutions
  • 4.3 Market Restraints
    • 4.3.1 High Level of Competition into the Market
  • 4.4 Industry Value Chain Analysis
  • 4.5 Industry Attractiveness - Porter's Five Force Analysis
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Consumers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 Assessment of Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Chip-on-board (COB)
    • 5.1.2 Surface-mount Device (SMD)
    • 5.1.3 Chip Scale Package (CSP)
  • 5.2 By End-user Vertical
    • 5.2.1 Residential
    • 5.2.2 Commercial
    • 5.2.3 Other End-user Verticals
  • 5.3 Country
    • 5.3.1 Germany
    • 5.3.2 United Kingdom
    • 5.3.3 France
    • 5.3.4 Italy
    • 5.3.5 Spain
    • 5.3.6 Rest of Europe

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Cree Inc.
    • 6.1.2 OSRAM Licht AG
    • 6.1.3 Samsung Electronics Co. Ltd
    • 6.1.4 LG Innotek
    • 6.1.5 TT Electronics
    • 6.1.6 Nichia Corporation
    • 6.1.7 Seoul Semiconductor Co. Ltd
    • 6.1.8 Stanley Electric Co. Ltd
    • 6.1.9 Lumileds Holding BV
    • 6.1.10 Everlight Electronics Co. Ltd
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. FUTURE OF THE MARKET

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Europe LED Packaging Industry Segmentation

LED packaging determines the ease of use, product quality and protects the LED components. The scope of the study is limited to hardware product types and their wide area of end-user applications. The market study is focused on the Europen region and primarily comprises estimates derived for packaging types such as chip-on-board, surface-mounted device, chip scale packaging, and end-user verticals such as residential and commercial.

By Type Chip-on-board (COB)
Surface-mount Device (SMD)
Chip Scale Package (CSP)
By End-user Vertical Residential
Commercial
Other End-user Verticals
Country Germany
United Kingdom
France
Italy
Spain
Rest of Europe
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Europe LED Packaging Market Research FAQs

What is the current Europe LED Packaging Market size?

The Europe LED Packaging Market is projected to register a CAGR of 8.2% during the forecast period (2025-2030)

Who are the key players in Europe LED Packaging Market?

Cree Inc., OSRAM Licht AG, Samsung Electronics Co., Ltd., LG Corporation (LG Innotek) and TT Electronics are the major companies operating in the Europe LED Packaging Market.

What years does this Europe LED Packaging Market cover?

The report covers the Europe LED Packaging Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe LED Packaging Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Europe LED Packaging Industry Report

Statistics for the 2025 Europe LED Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe LED Packaging analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.