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Lumileds is one of the industry leaders in the CSP LED market

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Chip scale package (CSP) LEDs are the latest trend in the LED package market. The CSP LED market is estimated to be USD 757.7 million in 2018 and is expected to reach USD 1,744.8 million by 2023, at a CAGR of 18.2% between 2018 and 2023. The low-cost potential of CSP LEDs with a low bill of materials, which is because of the manufacturing process, where several packaging steps are omitted, is a major factor driving the growth of the CSP LED market. Small form factor and wide beam angle due to high-package density coupled with low thermal resistance and uniform current spreading are other factors that are contributing significantly to the adoption of CSP LEDs in different applications.

Companies such as Lumileds (The Netherlands), Samsung (South Korea), 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.

To know about the assumptions considered for the study download the pdf brochure

Lumileds is one of the industry leaders in the CSP LED market. In December 2016, Apollo Global Management LLC acquired 80.1% interest in Lumileds from Philips. Market experience and brand value have enabled the company to capitalize on fundamental market dynamics taking place in the lighting industry and deliver innovative solutions to create value and ensure its growth. The company aims to invest more in LED leadership while capitalizing on a broad product portfolio, widespread distribution, and strong brand in LED packaging by anticipating and managing the phase-out of conventional products. Since the launch of LUXEON Flip Chip CSP portfolio, Lumileds is in the forefront regarding the development of CSP LEDs for various applications, such as general lighting, mobile flash, and display backlighting; with its technological advancements and an elaborate CSP LED product line under its LUXEON LED series.

Samsung Electronics has a wide geographic presence and is focused on developing innovative products and solutions in the LED packaging market. Samsung introduced CSP LED products in 2016 and has been updating its portfolio since. In September 2017, the company launched 2 CSP LED packages—LM101B (a 1 W-class mid-power LED) and LH231B (a 5 W-class high-power LED). These LED packages are built with enhanced CSP technology and deliver industry-leading efficacy and reliability for spotlights and high-bay lighting applications. The company’s CSP LEDs can be used mainly in the general lighting and LED flash applications. CSP LEDs offered by the company are categorized into medium-power and high-power variants and used for outdoor, spotlight, down lighting, and high-bay applications. The company is also working on resolving several challenges for the development of CSP LEDs with GaN-on-Si technology. The company benefits from in-house customers, i.e., Samsung Display and Group’s Mobile division for the sale of CSP LED packages for backlighting and mobile flash applications, respectively.

Seoul Semiconductor is one of the leading players in the LED packaging ecosystem. The company performs component manufacturing, system manufacturing, and in-house testing of its products to enhance quality, improve response time, and maximize cost-effectiveness. The manufacturing facilities of the company have embraced lean manufacturing techniques in all divisions. The company’s key strategy is to increase standardization and commonality of parts and manufacturing processes across product lines through product platform strategies. Seoul Semiconductor caters to the CSP LED market through its WICOP LED series. It has been updating its CSP LED product portfolio and offers WICOP LEDs in different sizes depending on the application. Seoul Semiconductor’s operating profit increased by 70% Y-o-Y in 2017, mainly due to slow down in ASPs for general lighting, mass production of automotive headlamp, and expansion of application within mobiles. Within WICOP series of its CSP LEDs, the company has acquired domestic Tier-1 customers and expects mass production by 2018. The company has also entered the smartphone flash market with WICOP series for 2 domestic customers. This indicates high growth for the WICOP segment in the company.

Related Reports:

Chip Scale Package (CSP) LED Market by Application (Backlighting Unit (BLU), Flash Lighting, General Lighting, Automotive, Others), Power Range (Low- & Mid-Power, and High-Power), and Geography (APAC, North America, Europe, RoW) – Global Forecast to 2023



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