North America LED Packaging Market Share

Market Share of North America LED Packaging Industry

North America LED packaging market is moderately competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and increase their profitability. The companies operating in the market are also acquiring start-ups to strengthen their product capabilities.

• September 2021 - Lumileds announced the launch of a new Luxeon 7070 (77-mm) LED based on a lead frame and plastic package, yet that is intended to target high-performing, ceramic, high-power LEDs in applications such as street lights and sports-venue lighting. In addition, 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 developed upward-lighting multicolor LEDs in the 'CL-V501 Series' that have realized a better color mixing property and being small and high in brightness. Shipment of samples would start from October 2021, and mass production is expected to start from January 2022.

North America LED Packaging Market Leaders

1. Lumileds Holding B.V.

2. Dow Silicones Corporation

3. Citizen Electronics Co.,Ltd.

4. Cree, Inc.

5. Epistar Corporation

*Disclaimer: Major Players sorted in no particular order