According to a new market report published by Transparency Market Research titled “Chip Scale Package (CSP) LED Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global chip scale package (CSP) LED market is expected to reach US$ 3,065.1 Mn by 2026. The market is projected to expand at a CAGR of 13.90% during the forecast period from 2018 to 2026.
According to the report, the global chip scale package (CSP) LED market will continue to be influenced by a range of factors such as rising demand for chip scale package (CSP) LED from many backlight LED as well as flash LED applications, smaller form factor, and higher package density. Europe will continue to be at the forefront of global demand, with the market in the region growing at above 13% through 2026.
The global chip scale package (CSP) LED market is bifurcated by application into backlight LED, flash LED, automotive lighting, general lighting, and others. Others includes accent lighting and flexible edge-lit lighting. Automotive lighting application segment is projected to expand at a CAGR of more than 14% during the forecast period. Many companies are producing CSP LEDs at a higher volume, as the demand for LED lighting for the automotive segment is increasing for interior automotive lighting and taillight.
Many CSP LED providers around the globesuch as OSRAM Opto Semiconductors GmbH, Nichia Corporation, and Lumileds Holding B.V. are developingnovel automotive LED components. For instance, in 2016, Samsung Electronics, a company that provides component solutions, announced a novel CSP LED package named “Fx-CSP” to be used across automotive lighting applications.
Furthermore, many companies from the CSP LED marketplace such as Genesis Photonics Inc., are seeking automotive luminaire certification for the Chinese market to enter into the supply chain. Genesis Photonics Inc. has already entered the Taiwanese market supply chain by obtaining“TS 16949” certification that is required to supply the products to the automotive industry.
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Chip scale package (CSP) LEDs are used for many applications such as backlighting, spotlighting, high bay, and low bay lighting. The bigger advantage of CSP LED is its smaller form factor that makes it easily applicable to any compact device such as smartphones. Furthermore, to get the smaller form factor of the CSP LED, many manufacturers remove many of the elements from the system.
Additionally, LED die gets directly soldered onto a PCB with the help of P and N contacts, which results in thermal resistance reduction between the PCB and LED die. However, heating can be a serious issue, as there is no ceramic submount that spreads the heat between the PCB and die.
Rising heating related problems result in reduced reliability and LED lifetime, poor light quality, and ultimately catastrophic failure. However, with continuously evolving technology pertaining to CSP LEDs, many manufacturers are coming up with novel methods to deal with the thermal issues.
Global Chip Scale Package (CSP) LED Market Segments
Global Chip Scale Package (CSP) LED Market, by Application
- Backlight LED
- Flash LED
- Automotive Lighting
- General Lighting
Global Chip Scale Package (CSP) LED Market, by End-user
Global Chip Scale Package (CSP) LED Market, by Power Range
- Low to Medium