What is the current LED Packaging Market size?

The LED Packaging Market is projected to register a CAGR of 7% during the forecast period (2024-2029) Read More

Who are the key players in LED Packaging Market?

Samsung Electronics Co. Ltd, OSRAM Opto Semiconductors GmbH, Nichia Corporation, LG Innotek and Seoul Semiconductor are the major companies operating in the LED Packaging Market. Read More

Which is the fastest growing region in LED Packaging Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in LED Packaging Market?

In 2024, the Asia Pacific accounts for the largest market share in LED Packaging Market. Read More

What years does this LED Packaging Market cover?

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

LED Packaging Market Share

Statistics for the 2023 & 2024 LED Packaging market share, created by Mordor Intelligence™ Industry Reports. LED Packaging share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of LED Packaging Industry

The LED packaging market is moderately fragmented in nature due to the presence of several players offering LED packaging.

September 2021 - Lumileds launched the new Luxeon 7070 (7.7-mm) LED with a lead frame and plastic package aimed at high-performing, ceramic, high-power LEDs in applications such as street lights and sports-venue lighting. Furthermore, developers working on color solid-state lighting (SSL) systems continue to get more options in their tool chest, including a Lumileds phosphor-converted, PC Red-Orange LED.
August 2021 - Citizen Electronics Co. Ltd announced the development of 'Upward-lighting Multicolor LEDs.' Small, high-brightness LED packages that feature an improved color mixing property. They are intended for illumination and indicators for game devices, keyboards for personal computers, home appliances, hobby goods, displays, ambient lighting for automobiles, colored lighting, etc.