The India LED Packaging Market is expected to grow really fast between 2018 and 2023, with a pretty impressive CAGR! This is largely because the government is pushing for more energy-saving and cost-effective LEDs in homes and offices to conserve energy. Plus, industries are increasingly looking for smart lighting solutions, and we're seeing more LEDs in the display panels of our TVs, mobiles, and other devices. All this is really fueling the India LED Packaging Market. Looking at how LEDs are being used, automotive lighting is predicted to take up the biggest slice of the market during this time. That's because new cars are using more LEDs both inside and out. When we consider the package type segment of the LED Packaging market...
Years considered for this report
Historical Years2013-2016
Base Year2017
Estimated Year2018
Forecast Period2018–2023
Objective of the Study
- To analyse and forecast the market size of India LED Packaging Market, in terms of value.
- To classify and forecast India LED Packaging Market based on package type, packaging material, applications and regional distribution.
- To identify drivers and challenges for India LED Packaging Market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in India LED Packaging Market.
- To conduct the pricing analysis for India LED Packaging Market.
- To identify and analyse the profile of leading players involved in the manufacturing of India LED Packaging Market.
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Some of the leading players in the India LED Packaging market are Samsung,
marketinsights Research performed both primary as well as exhaustive secondary research for this study. Initially, marketinsights Research sourced a list of manufacturers in India. Subsequently, marketinsights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, marketinsights Research could include the manufacturers which could not be identified due to the limitations of secondary research. marketinsights Research analysed the
marketinsights Research calculated the market size of India LED Packaging using a bottom-up approach, where value sales data for LED Packaging market was recorded and forecast for the future years. marketinsights Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by marketinsights Research.
Key Target Audience
- LED Packaging Providers.
- Raw Material Suppliers.
- Distributors and Traders of LED materials.
- Manufacturing Equipment Providers.
- Research Organizations and Consulting Companies.
- Market Research and Consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope
In this report, India LED Packaging market has been segmented into following categories, in addition to the industry trends which have also been detailed below
- Market, By Package Type
- Surface Mount Device Package (SMD)
- Chip on Board Package (COB)
- Chip Scale Package (CSP)
- Others
- Market, By Packaging Material
- Lead Frames
- Substrates
- Silicon Carbide
- Silicon
- Sapphire
- Ceramic Packages
- LEDs With Sintered Ceramic Package
- LEDs With Ceramic Substrate and Silicon
- LEDs With Ceramic Substrate and Glass
- Bonding Wire
- Encapsulation Resins
- Other Packaging Materials
- Market, By Applications
- General Lighting
- Residential Lighting
- Industrial Lighting
- Outdoor Lighting
- Other General Lighting
- Automotive Lighting
- Interior Lighting
- Exterior Lighting
- Backlighting
- Other Applications
- Market, by Region
- North Region
- South Region
- East Region
- West Region