Global LED Packaging Market Overview, Trends, Growth, Size, Analysis & Forecast

Summary

Orbis Research Present’s Global LED Packaging Market By Application (Televisions, Automotive, Portable Electronics, Advertisements, Home Lighting and others), Material (Paper and Paperboard, Plastic, Nanoceramics, Silicones Materials, EMC), Geography, Trends, Forecasts (2017-2022).

Description

LED packaging market has witnessed phenomenal growth in the last decade. Currently, the growth rate is marginal and is anticipated to decline in the coming years. The global revenue of LED packaging market was USD 14.6 billion in 2016 and is estimated to reach USD 18.34 billion by 2022, at a CAGR of 3.88% during the period 2017 – 2022.

In terms of applications, LED lighting leads the LED packaging market. Also, in the global lighting market, the usage of LED is estimated to grow at a rate of 14% compounded annually for the period 2016 – 2021. But, on the other hand, there have been no significant innovations in the industry and the competition in the market is very high.

For the TV display application, the industry is moving from the usage of LED to OLED (Organic Light Emitting Diode), which is the latest innovation. This is expected to penetrate more into the market. Added to this, the production costs of OLED displays will be decreased by three-fold since fixed costs (equipment) is less and variable costs is also relatively less as more units can be produced within a given time.

To leverage on costs, the companies are focusing on operating through economies of scale. As such the industry is witnessing consolidation of players/manufacturers of LED packaging. But, on the other hand, some of the SME which are not able to merge are exiting from the market.

Get a PDF Sample of Global LED Packaging Market Report at: http://www.orbisresearch.com/contacts/request-sample/221658  

DRIVERS

  • Increase in end-use industry

RESTRAINTS

  • Saturation in the market

What the report offers

  • Market definition for the global LED packaging market, along with identification of key drivers and restraints.
  • Market analysis for the global LED packaging market, with region-specific assessments.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
  • Identification and analysis of the macro and micro factors that affect the global LED packaging market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Place a Purchase Order for this Report at: http://www.orbisresearch.com/contact/purchase/221658   

Major Points Covered in Global LED Packaging Market Report:

  • Introduction
  • Research Methodology
  • Executive Summary
  • Market Dynamics
  • Europe LED Packaging Market Segmentation and Forecast
  • Investment Analysis
  • Future of Europe LED Packaging Market

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Information:

Hector Costello

Senior Manager – Client Engagements

4144N Central Expressway,

Suite 600, Dallas,

Texas – 75204, U.S.A.

Phone No.: +1 (214) 884-6817; +9164101019

Follow Us on LinkedIn: https://www.linkedin.com/company/orbis-research