Dublin, April 13, 2023 (GLOBE NEWSWIRE) -- The "Global LED Packaging Market (2023-2028) by Package Type, Packaging, Power Range, Wavelength, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global LED Packaging Market is estimated to be USD 19.92 Bn in 2023 and is expected to reach USD 26.41 Bn by 2028, growing at a CAGR of 5.8%.
Market Dynamics
Drivers
- Growing Demand and Adoption of LED Packaging by Various Industries
- Increasing Initiatives and Regulation in Adoption of Energy-Efficient Solutions
Restraints
- High Amount of Perfect Competition
Opportunities
- Developing Horticulture Lights and Human-Centric Lighting Solutions
- Growing Preference Towards UV LED-based Curing Systems
Challenges
- Lack of Common Open Standards for LED Packaging
Market Segmentations
The Global LED Packaging Market is segmented based on Package Type, Packaging, Power Range, Wavelength, and Geography.
- By Package Type, the market is classified into COB, CSP, SMD, and Others.
- By Packaging, the market is classified into Epoxy Molding Compound, Ceramics, Glass Composites, Metal Alloys, Nanoceramic, Plastic, Polymers, Silicone Materials, and Others.
- By Power Range, the market is classified into Low-& Mid-Power LED Packages and High-Power LED Packages.
- By Wavelength, the market is classified into Deep UV, Visible & Infrared.
- By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global LED Packaging Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global LED Packaging Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global LED Packaging Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 194 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $19.92 Billion |
| Forecasted Market Value (USD) by 2028 | $26.41 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global LED Packaging Market, By Package Type
7 Global LED Packaging Market, By Packaging
8 Global LED Packaging Market, By Power Range
9 Global LED Packaging Market, By Wavelength
10 Americas' LED Packaging Market
11 Europe's LED Packaging Market
12 Middle East and Africa's LED Packaging Market
13 APAC's LED Packaging Market
14 Competitive Landscape
15 Company Profiles
16 Appendix
Companies Mentioned
- Citizen Electronics Co., Ltd.
- Dow, Inc.
- Edison Opto Corp.
- Epistar Corp.
- Everlight Electronics Co., Ltd.
- Flory Optoelectronics Materials Co., Ltd.
- Hongli Zhihui Group Co., Ltd.
- Jiangsu Bree Optronics Co., Ltd.
- Lextar Electronics Corp.
- LG Innotek
- LITE-ON Technology Corp.
- Lumileds Holding B.V.
- Luminus, Inc.
- NationStar Optoelectronics Co., Ltd.
- Nichia Corp.
- OSRAM Licht Ag
- Plessey Semiconductors Ltd.
- ProLight Opto Technology Corp.
- Samsung Electronics Co., Ltd.
- Seoul Semiconductor Co., Ltd.
- Shenzhen Crescent Optoelectronic Co., Ltd.
- Signify Holding
- Stanley Electric Co., Ltd.
- TDK Corp.
- TOYODA GOSEI Co., Ltd.
- TSLC Corp.
- Wolfspeed, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/8jqiig
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