LED Packaging In Global Market Estimated To Reach $ 17.64 Billion B 2020, At A CAGR of 3%

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"LED packaging refers to usage of Light Emitting Diodes in the products under consideration. The industry has seen a phenomenal growth from 2006 till 2014. Currently, the growth rate is marginal and is anticipated to decrease in the coming years. 

Supply – Demand Scenario:

The global revenue of LED packaging market was $14.6 billionin 2014 and is estimated to reach $ 17.64billion by 2020,at a CAGR of 3%.

Growth by End-Use Industries:

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 2016-2020. But, on the other hand, the innovations in the industry are saturated and at the same time the market has over capacity.

Industry Trends and Updates:

For the TV display application, the industry is moving from 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 3 folds 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.

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Executive Summary 

MARKET OVERVIEW 

Overview 

Industry Value Chain Analysis 

Industry Attractiveness - Porter's 5 Force Analysis 

Bargaining Power of Suppliers 

Bargaining Power of Consumers 

Threat from new entrants 

Threat from subsititute products 

Competitive rivalry within the industry 

Industry Policies  

MARKET DYNAMICS 

Introduction 

Drivers  

Increase in end use imdustry 

Restraints 

Saturation  

Opportunities 

Innovations  

LED Packagings Market Segmentation, Forecasts and Trends - by Revenue

By Application 

LCD TVs  

Automotives  

Portable Electronics 

Signs and Large advertisement boadings 

General Lighting

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