Online customer service
Online customer service system

International Market outlook for Chip Scale Package (CSP) LED

There is the larget market in Asia for CSP LEDs because many famous CSP LED manufacturers and cliens in terms of smartphone vendors,backlighting panel integrators, and display panel manufacturers are located in the countries such as South Korea, China, Japan, and Taiwan.CSP LEDs can reduce the total number of LEDs for each backlighting panel and the form factory of BLU. More and more CSP LEDs are installed into general lighting and automotive led lights.

The highest growth is expected in the market in Europe because there will be a high market demand for CSP LEDs in automotive and general lighting applications this year, ahd the automotive led lights segment is likely to take the lead in EU by the year 2023.

Currently, most of CSP LEDs are applied in automotive headlights, but since phosphor adhesives envelope flip chip LEDs surroundings in a 3D structure, the adhesiveness is usually worse. During the eutectic bonding and reflow soldering process, any impact from machines, the melted solder and coefficient of linear expansion will cause the phosphor adhesive to detach from the flip chip and become ineffective. Mmany companies think CSP LEDs have a market in the OEM automotive lighting sector.

The market for automotive led lights is expected to grow at the highest CAGR in the year 2021. There is a small part application of CSP LEDs in the automotive led light segment, most of them in replaceable LED headlights that are being supplied by vendors by using CSP LEDs from manufacturer like Seoul Semiconductor. Although the market volume for CSP LEDs in the automotive led lights is very small until now, it is expected that demand for mid- and high-power CSP LEDs will increase exponentially 2021 onwards when automotive manufacturers and automotive lighting suppliers start installing CSP LEDs for new installations.

Samsung has been focusing on the development of  CSP LEDs with GaN-on-Si to reduce the cost of CSP LEDs for different applications. These technological developments will help CSP LED manufacturers grow faster in the market.Companies such as Samsung (South Korea),Lumileds (The Netherlands), Seoul Semiconductor (South Korea), LG Innotek (South Korea), OSRAM (Germany), Nichia (Japan), EPISTAR (Taiwan), Cree (US), Genesis Photonics (Taiwan), and Lumens (South Korea) are the major players in the market.

Chip-scale package (CSP) LEDs are the latest trend in the LED package market. CSP LEDs are expected to penetrate about 10% of the total LED package market by 2023. The shipment of CSP LEDs is expected to cross more than 15 billion units by 2023, at a CAGR of about 30%. The CSP LED market is estimated to be up to USD 1,744.8 million by 2023, at a CAGR of 18.2% between 2018 and 2023.

The estimation about market volume of CSP LED in the year 2023
Share to the following social media