![]() ![]() ![]() Low application rate of the chip-scale package LEDs act as a major limiting factor for the market. On the other hand, the overload on LED foundries and restraint to premium products has a negative impact on the growth of this market in the present market scenario. The applications in general lighting are another huge opportunity for the chip scale package LED market to grow at a substantial rate in the upcoming years. The product is anticipated to witness a huge adoption in the automotive sector. ![]() The chip-scale package LED market is driven by influential factors such as low-cost potential owing to the inadvertence of numerous packaging steps, small form factor with wide beam angle, and high package density and low thermal resistance and uniform current spreading boosts the market growth. The main driving factors for the chip scale package LED markets are low production cost and high package density. ![]()
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