All updated as on -
During the forecast period, the size of the LED packaging market is projected to increase at a CAGR of 5.9%. Rising consumer interest in LED lighting, improvements in packaging technology, and official encouragement all point to sustained expansion for Japan's LED packaging sector in the years ahead.
Reasons Why
The Japanese government has been pushing hard for renewable energy and energy efficiency. Policies and initiatives have been launched by the government to promote the use of more efficient lighting technologies. LED lighting's increased popularity can be attributed to its lower environmental impact and longer service life. LED packaging is in high demand because it facilitates the manufacture of efficient and long-lasting LED lighting products, which in turn supports energy conservation efforts.
There are always new innovations being made in the LED market. LED packaging is essential to the enhancement of LED products' functionality, dependability, and longevity. LEDs have been around for a while, but recent advancements in thermal management, light output, and product lifespan have made them more appealing to manufacturers. In order to keep up with the industry's ever-changing needs, manufacturers are always developing new LED packing methods.
Limiting Circumstances
While LED prices have come down over time, getting started with LED lighting might be more expensive than with incandescent bulbs or fluorescent tubes. Particularly in price-sensitive sectors or for customers and organisations with limited budgets, this price difference might function as a restraint. Some potential consumers may be put off by the higher upfront prices of LED lighting systems despite the long-term savings on energy and maintenance costs.
The term "LED packaging" describes the method through which individual LED chips are assembled and encased in a container that offers security, thermal control, and electrical connections. Japan's LED (Light Emitting Diode) packaging industry has grown rapidly in recent years due to rising demand for LEDs in a wide range of end-use industries, including lighting, transportation, information display, and consumer electronics. Japan has made great strides in the development and use of LED technology, placing a premium on both energy efficiency and environmental sustainability. Japan's LED packaging business has been expanding steadily because to policy initiatives, supportive legislation, and new innovations. The industry is projected to witness continued development in areas such as packaging, materials, and smart lighting system integration. Further driving the adoption of LED lighting systems in Japan is the increasing concern for environmental sustainability and energy conservation.
Each subsegment of the LED packaging market is broken down and analysed in this analysis, as well as revenue growth projections and market trends. Growth factors, opportunities, and problems in the Japanese LED packaging market are all examined in this paper. Recent market changes and competitive strategies have been incorporated into the illustration of the competitive landscape in the market, including growth, product launch and development, collaboration, merger, and acquisition. This study explores each subsegment of the Japanese LED packaging market and identifies the top industry players operating there.
The LED packaging industry is broken down into submarkets for things like surface mount device packages, chip on boards, and chip scale packages. Among them, the LED packaging market is predicted to be dominated by the SMD (surface mount device package) subsegment over the predicted time period. Because of its adaptability, compatibility with automated assembly methods, and usefulness in a wide range of contexts, SMD packages have seen rapid acceptance. You may find them in anything from home and office lighting to car headlights and household devices. Small form factor (SMD) packages dominate the market because of their portability, versatility, and the manufacturing industry's well-established infrastructure for SMD assembly.
The market for LED packaging can be broken down into low- and mid-power LED packages and high-power LED packages, both of which are categorised by their respective power outputs. A major portion of the LED packaging industry is anticipated to be held by low- and mid-power led packages. The expansion is attributable to the increasing demand for LEDs in household lighting, consumer electronics, and other areas where bright light is required. Low and mid-power LED packages have been propelled forward in large part by the need for more energy-efficient lighting in the home and commercial sectors. These packaging already dominate the market because they are both inexpensive and compatible with current production methods.
The LED packaging industry is split into two distinct submarkets based on wavelength: visible/infrared and deep ultraviolet. In 2021, the market for LED packaging was led by the visible and infrared spectrums. The proliferation of visible LEDs across a range of lighting applications, including signage, consumer electronics, and vehicle lighting, is largely responsible for this expansion. LEDs in the infrared range (beyond the range of human vision) and the visible spectrum (within the range of human vision) are both included in visible & infrared LED packages. LED packages, both visible and infrared, come in a variety of wavelengths to enable for tailoring to a wide variety of uses.
Report Coverage
Global LED Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global LED Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and LED Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key LED Packaging market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global LED Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, LED Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ATEX Co.,Ltd., Toshiba, Sharp Corporation, Panasonic, ENDO Lighting Corporation, Nichia Corporation, Stanley Electric Co., Ltd., Mitsubishi Chemical Corporation, Seoul Semiconductor Co., Ltd., and Others
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global LED Packaging market based on the below-mentioned segments:
Global LED Packaging Market, By Package Type
SMD (Surface Mount Device Package)
COB (Chip On Board Package)
CSP (Chip Scale Package)
Others
Global LED Packaging market, By Application
Automotive
Residential
Television
Industrial
Others
Global LED Packaging Market, By Packaging Material
Plastic
Nanoceramics
Ceramics
Silicone Materials
Epoxy Molding Compound
Metal Alloys
Polymers
Glass Composites
Others
Global LED Packaging market, Regional Analysis
Reasons Why
The Japanese government has been pushing hard for renewable energy and energy efficiency. Policies and initiatives have been launched by the government to promote the use of more efficient lighting technologies. LED lighting's increased popularity can be attributed to its lower environmental impact and longer service life. LED packaging is in high demand because it facilitates the manufacture of efficient and long-lasting LED lighting products, which in turn supports energy conservation efforts.
There are always new innovations being made in the LED market. LED packaging is essential to the enhancement of LED products' functionality, dependability, and longevity. LEDs have been around for a while, but recent advancements in thermal management, light output, and product lifespan have made them more appealing to manufacturers. In order to keep up with the industry's ever-changing needs, manufacturers are always developing new LED packing methods.
Limiting Circumstances
While LED prices have come down over time, getting started with LED lighting might be more expensive than with incandescent bulbs or fluorescent tubes. Particularly in price-sensitive sectors or for customers and organisations with limited budgets, this price difference might function as a restraint. Some potential consumers may be put off by the higher upfront prices of LED lighting systems despite the long-term savings on energy and maintenance costs.
The term "LED packaging" describes the method through which individual LED chips are assembled and encased in a container that offers security, thermal control, and electrical connections. Japan's LED (Light Emitting Diode) packaging industry has grown rapidly in recent years due to rising demand for LEDs in a wide range of end-use industries, including lighting, transportation, information display, and consumer electronics. Japan has made great strides in the development and use of LED technology, placing a premium on both energy efficiency and environmental sustainability. Japan's LED packaging business has been expanding steadily because to policy initiatives, supportive legislation, and new innovations. The industry is projected to witness continued development in areas such as packaging, materials, and smart lighting system integration. Further driving the adoption of LED lighting systems in Japan is the increasing concern for environmental sustainability and energy conservation.
Each subsegment of the LED packaging market is broken down and analysed in this analysis, as well as revenue growth projections and market trends. Growth factors, opportunities, and problems in the Japanese LED packaging market are all examined in this paper. Recent market changes and competitive strategies have been incorporated into the illustration of the competitive landscape in the market, including growth, product launch and development, collaboration, merger, and acquisition. This study explores each subsegment of the Japanese LED packaging market and identifies the top industry players operating there.
The LED packaging industry is broken down into submarkets for things like surface mount device packages, chip on boards, and chip scale packages. Among them, the LED packaging market is predicted to be dominated by the SMD (surface mount device package) subsegment over the predicted time period. Because of its adaptability, compatibility with automated assembly methods, and usefulness in a wide range of contexts, SMD packages have seen rapid acceptance. You may find them in anything from home and office lighting to car headlights and household devices. Small form factor (SMD) packages dominate the market because of their portability, versatility, and the manufacturing industry's well-established infrastructure for SMD assembly.
The market for LED packaging can be broken down into low- and mid-power LED packages and high-power LED packages, both of which are categorised by their respective power outputs. A major portion of the LED packaging industry is anticipated to be held by low- and mid-power led packages. The expansion is attributable to the increasing demand for LEDs in household lighting, consumer electronics, and other areas where bright light is required. Low and mid-power LED packages have been propelled forward in large part by the need for more energy-efficient lighting in the home and commercial sectors. These packaging already dominate the market because they are both inexpensive and compatible with current production methods.
The LED packaging industry is split into two distinct submarkets based on wavelength: visible/infrared and deep ultraviolet. In 2021, the market for LED packaging was led by the visible and infrared spectrums. The proliferation of visible LEDs across a range of lighting applications, including signage, consumer electronics, and vehicle lighting, is largely responsible for this expansion. LEDs in the infrared range (beyond the range of human vision) and the visible spectrum (within the range of human vision) are both included in visible & infrared LED packages. LED packages, both visible and infrared, come in a variety of wavelengths to enable for tailoring to a wide variety of uses.
Report Coverage
Global LED Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global LED Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and LED Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key LED Packaging market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | ATEX Co.,Ltd., Toshiba, Sharp Corporation, Panasonic, ENDO Lighting Corporation, Nichia Corporation, Stanley Electric Co., Ltd., Mitsubishi Chemical Corporation, Seoul Semiconductor Co., Ltd., and Others |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of LED Packaging Market from 2021 to 2030.
- Market Forecast for LED Packaging Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, LED Packaging competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on LED Packaging
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global LED Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, LED Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ATEX Co.,Ltd., Toshiba, Sharp Corporation, Panasonic, ENDO Lighting Corporation, Nichia Corporation, Stanley Electric Co., Ltd., Mitsubishi Chemical Corporation, Seoul Semiconductor Co., Ltd., and Others
Primary Target Market
- Market Players of LED Packaging
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global LED Packaging market based on the below-mentioned segments:
Global LED Packaging Market, By Package Type
SMD (Surface Mount Device Package)
COB (Chip On Board Package)
CSP (Chip Scale Package)
Others
Global LED Packaging market, By Application
Automotive
Residential
Television
Industrial
Others
Global LED Packaging Market, By Packaging Material
Plastic
Nanoceramics
Ceramics
Silicone Materials
Epoxy Molding Compound
Metal Alloys
Polymers
Glass Composites
Others
Global LED Packaging market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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