Packaged LED Market - Top Companies and Manufacturers

Companies Dominating the Packaged LED Market

Citizen Electronics Co. Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Smart Global Holdings, Inc.
Everlight Americas Inc.
OSRAM GmbH
Nichia Corporation
Lumileds Holding B.V.
Merck KGaA
LG INNOTEK
Seoul Semiconductor Co. Ltd.
Stanley Electric Co.
Toyoda Gosei Co. Ltd.

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Packaged LED Market Size & Share, Growth Report 2036

In the News

In May 2023, Seoul Semiconductor Co., Ltd. unveiled its 2nd-generation LED technology, WICOP Pixel microLED, designed for next-generation displays. This includes WICOP-Pixel-based microLED displays and Low Blue Light (LBL) displays, aimed at preserving users' eye health.
In September 2023, Samsung introduced its latest LED solution for outdoor lighting, the 5050 LED. This new product offers improved reliability, enhanced performance, and greater cost efficiency.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of packaged LED is assessed at USD 8.57 billion.

Packaged LED Market size was over USD 8.12 billion in 2023 and is anticipated to reach USD 19.33 billion by 2036, growing at around 6.9% CAGR during the forecast period i.e., between 2024-2036. The rising total consumption of electricity is resulting in the upsurged demand for LED lightning products along with increasing demand from multiple industries will drive the market growth.

North America industry is set to hold largest revenue share by 2036, impelled by increasing adoption of virtualization technology by businesses in the region, as well as the rising server virtualization in businesses.

The major players in the market are Citizen Electronics Co. Ltd., Smart Global Holdings, Inc., Everlight Americas Inc., LG INNOTEK, Merck KGaA, Lumileds Holding B.V., Nichia Corporation, OSRAM GmbH, and others.

Packaged LED Market - Top Companies and Manufacturers

Companies Dominating the Packaged LED Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the packaged LED market?

Why is the packaged LED sector gaining traction in near future?

Which region accounted for the largest packaged LED industry share?

Who are the major packaged LED players?