Global Chip Scale Packaged (CSP) LEDs Market Growth 2024-2030

Global Chip Scale Packaged (CSP) LEDs Market Growth 2024-2030

Traditional LEDs usually undergo from the chip/die manufacturing to packaging processes where the die would be attached to an interposer such as a ceramic substrate, yielding a packaged LED or what is commonly referred to as an LED package. In the case of CSP LED, separate steps of having manufactured chips going through a packaging line are eliminated because at the die-level itself the chips are singulated and coated with phosphor. Solder or bond pads are installed at the wafer level just after the epitaxial stage of manufacturing using semiconductor etching and metallization techniques.

The global Chip Scale Packaged (CSP) LEDs market size is projected to grow from US$ 1173.3 million in 2023 to US$ 2549.1 million in 2030; it is expected to grow at a CAGR of 11.7% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Chip Scale Packaged (CSP) LEDs Industry Forecast” looks at past sales and reviews total world Chip Scale Packaged (CSP) LEDs sales in 2023, providing a comprehensive analysis by region and market sector of projected Chip Scale Packaged (CSP) LEDs sales for 2024 through 2030. With Chip Scale Packaged (CSP) LEDs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chip Scale Packaged (CSP) LEDs industry.

This Insight Report provides a comprehensive analysis of the global Chip Scale Packaged (CSP) LEDs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chip Scale Packaged (CSP) LEDs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Chip Scale Packaged (CSP) LEDs market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chip Scale Packaged (CSP) LEDs and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chip Scale Packaged (CSP) LEDs.

Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.

This report presents a comprehensive overview, market shares, and growth opportunities of Chip Scale Packaged (CSP) LEDs market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Low & Mid-Power
High-Power

Segmentation by application
Backlighting Unit (BLU)
General Lighting
Flash Lighting
Automotive
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lumileds
OSRAM
Samsung
Seoul Semiconductor
LG Innotek
Cree
Genesis Photonics
Nichia
EPISTAR
Lumens

Key Questions Addressed in this Report

What is the 10-year outlook for the global Chip Scale Packaged (CSP) LEDs market?

What factors are driving Chip Scale Packaged (CSP) LEDs market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Chip Scale Packaged (CSP) LEDs market opportunities vary by end market size?

How does Chip Scale Packaged (CSP) LEDs break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.