India LED Packaging Market (2025-2031) Outlook | Revenue, Size, Trends, Share, Industry, Growth, Value, Forecast, Analysis & Companies

Market Forecast By Packaging Type (Surface Mount Device (SMD), Chips On Board (COB), Chip Scale Package (CSP), Others), By Application (General Lighting, Automotive Lighting, Backlighting, Residential, Industrial, Others) And Competitive Landscape
Product Code: ETC4455265 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Led Packaging Market Import Shipment Trend (2020-2024)

The India-led packaging market import shipment exhibited a downward trend with a CAGR of -2.5% from 2020 to 2024. The growth rate between 2023 and 2024 further declined by -12.8%, indicating a significant slowdown in market expansion over the period.

Graph Showing India led packaging market Shipment Trend & Volume from 2020-2024

India LED Packaging Market Overview

The LED packaging market in India has been thriving as LEDs continue to replace traditional lighting sources due to their energy efficiency and long lifespan. LED packaging involves the assembly of LED chips into functional components, which are then used in various lighting and display applications. The India LED packaging industry has seen notable advancements in terms of technology and product offerings, contributing to the growth of the broader LED lighting sector.

Drivers of the Market

The LED packaging market in India is driven by the growing demand for LED chips in various applications, including lighting and displays. LED packaging is a critical step in the LED manufacturing process, where individual chips are mounted, connected, and encapsulated to form functional LED devices. The transition to energy-efficient lighting and the adoption of LEDs in automotive and consumer electronics are boosting the market. As LED technologies advance and offer improved performance and energy efficiency, the LED packaging market continues to expand.

Challenges of the Market

The India LED Packaging market faces challenges such as achieving miniaturization, improving heat dissipation, and enhancing the quality and consistency of LED packaging. Addressing consumer demands for higher lumens and better color rendering while maintaining cost competitiveness is an ongoing challenge.

COVID-19 Impact on the Market

The India LED packaging market saw disruptions in the early stages of the pandemic as manufacturing facilities faced lockdowns and supply chain issues. However, the market rebounded as the demand for LED lighting solutions increased in the residential, healthcare, and industrial sectors. Remote work and online education also spurred the need for high-quality displays, which drove innovation in LED packaging technology. The market adapted to provide more energy-efficient and reliable LED packages.

Key Players in the Market

Major companies in the India LED packaging market include Everlight Electronics, Nichia Corporation, Lumileds, Seoul Semiconductor, and Cree, Inc.

Key Highlights of the Report:

  • India LED Packaging Market Outlook
  • Market Size of India LED Packaging Market, 2024
  • Forecast of India LED Packaging Market, 2031
  • Historical Data and Forecast of India LED Packaging Revenues & Volume for the Period 2021-2031
  • India LED Packaging Market Trend Evolution
  • India LED Packaging Market Drivers and Challenges
  • India LED Packaging Price Trends
  • India LED Packaging Porter's Five Forces
  • India LED Packaging Industry Life Cycle
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By Packaging Type for the Period 2021-2031
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By Surface Mount Device (SMD) for the Period 2021-2031
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By Chips On Board (COB) for the Period 2021-2031
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By Chip Scale Package (CSP) for the Period 2021-2031
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By General Lighting for the Period 2021-2031
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By Automotive Lighting for the Period 2021-2031
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By Backlighting for the Period 2021-2031
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of India LED Packaging Market Revenues & Volume By Others for the Period 2021-2031
  • India LED Packaging Import Export Trade Statistics
  • Market Opportunity Assessment By Packaging Type
  • Market Opportunity Assessment By Application
  • India LED Packaging Top Companies Market Share
  • India LED Packaging Competitive Benchmarking By Technical and Operational Parameters
  • India LED Packaging Company Profiles
  • India LED Packaging Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India LED Packaging Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India LED Packaging Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India LED Packaging Market Overview

3.1 India Country Macro Economic Indicators

3.2 India LED Packaging Market Revenues & Volume, 2021 & 2031F

3.3 India LED Packaging Market - Industry Life Cycle

3.4 India LED Packaging Market - Porter's Five Forces

3.5 India LED Packaging Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F

3.6 India LED Packaging Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India LED Packaging Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for sustainable and eco-friendly packaging solutions in India

4.2.2 Growth in the e-commerce sector leading to higher demand for packaged products

4.2.3 Technological advancements in LED packaging, making it more efficient and cost-effective

4.3 Market Restraints

4.3.1 High initial investment required for implementing LED packaging solutions

4.3.2 Lack of awareness and education among consumers and businesses about the benefits of LED packaging

4.3.3 Challenges in the supply chain and distribution network for LED packaging materials

5 India LED Packaging Market Trends

6 India LED Packaging Market, By Types

6.1 India LED Packaging Market, By Packaging Type

6.1.1 Overview and Analysis

6.1.2 India LED Packaging Market Revenues & Volume, By Packaging Type, 2021-2031F

6.1.3 India LED Packaging Market Revenues & Volume, By Surface Mount Device (SMD), 2021-2031F

6.1.4 India LED Packaging Market Revenues & Volume, By Chips On Board (COB), 2021-2031F

6.1.5 India LED Packaging Market Revenues & Volume, By Chip Scale Package (CSP), 2021-2031F

6.1.6 India LED Packaging Market Revenues & Volume, By Others, 2021-2031F

6.2 India LED Packaging Market, By Application

6.2.1 Overview and Analysis

6.2.2 India LED Packaging Market Revenues & Volume, By General Lighting, 2021-2031F

6.2.3 India LED Packaging Market Revenues & Volume, By Automotive Lighting, 2021-2031F

6.2.4 India LED Packaging Market Revenues & Volume, By Backlighting, 2021-2031F

6.2.5 India LED Packaging Market Revenues & Volume, By Residential, 2021-2031F

6.2.6 India LED Packaging Market Revenues & Volume, By Industrial, 2021-2031F

6.2.7 India LED Packaging Market Revenues & Volume, By Others, 2021-2031F

7 India LED Packaging Market Import-Export Trade Statistics

7.1 India LED Packaging Market Export to Major Countries

7.2 India LED Packaging Market Imports from Major Countries

8 India LED Packaging Market Key Performance Indicators

8.1 Energy efficiency improvement rate in LED packaging solutions

8.2 Adoption rate of LED packaging technologies in key industries such as food and beverage, pharmaceuticals, and electronics

8.3 Number of government initiatives and policies supporting the adoption of sustainable packaging technologies in India

9 India LED Packaging Market - Opportunity Assessment

9.1 India LED Packaging Market Opportunity Assessment, By Packaging Type, 2021 & 2031F

9.2 India LED Packaging Market Opportunity Assessment, By Application, 2021 & 2031F

10 India LED Packaging Market - Competitive Landscape

10.1 India LED Packaging Market Revenue Share, By Companies, 2024

10.2 India LED Packaging Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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