Global LED Lead Frames Market Growth 2025-2031
The global LED Lead Frames market size is predicted to grow from US$ 373 million in 2025 to US$ 515 million in 2031; it is expected to grow at a CAGR of 5.5% from 2025 to 2031.
The LED lead frame is a metal bracket used to fix the LED chip and provide electrical connections and heat dissipation paths. It is typically made of copper or copper alloy materials, which have good electrical conductivity and thermal conductivity. The lead frame is designed to support the LED chip during the packaging process and, after packaging, serves as a part of the LED device to connect to the external circuit.
Main Features:
1. Support Function: The lead frame provides a stable mechanical support for the LED chip, ensuring that the chip does not move or get damaged during the packaging and subsequent operations.
2. Electrical Connection: The lead frame is designed with conductive paths that connect the electrodes of the LED chip to the external pins or pads, thus enabling the transmission of electrical signals.
3. Heat Dissipation Path: Since LEDs generate heat during operation, the lead frame also serves as a heat dissipation component, helping to conduct heat away from the chip to the external environment, maintaining the stability of the LED and extending its lifespan.
4. Packaging Integration: During the LED packaging process, the lead frame is typically encapsulated together with the chip in epoxy resin or other types of packaging materials to protect the internal electronic components.
5. Diverse Design: The design of the lead frame can be customized according to different LED packaging types (such as through-hole, surface-mount, etc.) and size requirements to meet various application needs.
The LED lead frame is an important component in the LED packaging process, affecting not only the performance of the LED but also its reliability and cost.
Market Drivers for LED Lead Frames:
1. Technological Innovation: The continuous development of LED technology has led to increased performance requirements for lead frames, driving the innovation and application of related technologies.
2. Energy Saving and Environmental Protection Demand: LED products are favored in the market due to their energy-saving and environmental-friendly attributes, which in turn has boosted the demand for lead frames.
3. Expansion of Downstream Applications: The rapid development of downstream application areas such as LED lighting, displays, and automotive lighting has provided a broad space for the growth of the lead frame market.
Market Trends:
1. Continuous Market Size Growth: With the overall growth of the LED industry, the lead frame market is expected to continue expanding.
2. Product Diversification: To meet the needs of different application fields, lead frame products are trending towards diversification, including various sizes, shapes, and materials.
3. Intensified Price Competition: As market competition intensifies, the price pressure on lead frames may further increase.
Market Overview:
China (including Taiwan) is the largest market for LED lead frames in the world, occupying about 65% of the global market share. The top five manufacturers globally account for about 67% of the market share. Current major manufacturers in the Chinese market include I-CHIUN PRECISION INDUSTRY, SDI, Ningbo Kangqiang Electronics, HAESUNG, ASM Pacific Technology, and Fusheng Electronics, among others. In 2023, the top 10 manufacturers in China accounted for over 70% of the market share. In terms of product types, LED lead frames can be divided into EMC lead frames and SMC lead frames. In 2023, EMC lead frames accounted for about 75% of the global market share.
LP Information, Inc. (LPI) ' newest research report, the “LED Lead Frames Industry Forecast” looks at past sales and reviews total world LED Lead Frames sales in 2024, providing a comprehensive analysis by region and market sector of projected LED Lead Frames sales for 2025 through 2031. With LED Lead Frames sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Lead Frames industry.
This Insight Report provides a comprehensive analysis of the global LED Lead Frames 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 LED Lead Frames portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LED Lead Frames market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Lead Frames 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 LED Lead Frames.
This report presents a comprehensive overview, market shares, and growth opportunities of LED Lead Frames market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
EMC LED Lead Frames
SMC LED Lead Frames
Others
Segmentation by Application:
Automotive
Consumer Electrics
Display Screens
Outdoor Lighting
Indoor Lighting
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 analysing the company's coverage, product portfolio, its market penetration.
I-CHIUN PRECISION INDUSTRY
SDI
Ningbo Kangqiang Electronics
HAESUNG
Advanced Assembly Materials International Limited
Fusheng Electronics
Enomoto
JENTECH
CWTC
WUXI HUAJING LEADFRAME
POSSEHL
DNP
Key Questions Addressed in this Report
What is the 10-year outlook for the global LED Lead Frames market?
What factors are driving LED Lead Frames market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LED Lead Frames market opportunities vary by end market size?
How does LED Lead Frames break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.