Chip Scale Package (CSP) LED Market Overview 2025: Size, Share & Growth Analysis

30 Apr, 2025

The Chip Scale Package (CSP) LED Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.

What are the Historical Growth Trends in the Chip Scale Package (CSP) LED Market?

The market size of the Chip Scale Package (CSP) LED has expanded swiftly in the past few years. It is projected to increase from $1.85 billion in 2024 to $2.21 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 19.2%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Chip Scale Package (CSP) LED Industry?

The CSP LED market is projected to reach a size of $4.39 billion in 2029, expanding at a compound annual growth rate (CAGR) of 18.8%.

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What are the Key Growth Drivers Fueling the Chip Scale Package (CSP) LED Market?

The key drivers in the chip scale package (csp) led market are:

• Rising demand for smart lighting solutions
• Increasing integration of CSP LEDs in microLED displays
• Expanding deployment in horticulture lighting
• Growing demand for ultra-thin lighting solutions

Global Market Segmentation: Identifying Major Chip Scale Package (CSP) LED Industry Segments

The chip scale package (CSP) LED market covered in this report is segmented –
1) By Type: Low And Mid-Power, High-Power
2) By Application: Automotive Lighting, Backlighting Values (BLU), Flash Lighting, General Lighting, Other Applications
3) By End-User: Residential, Commercial, Industrial Subsegments:
1) By Low and Mid-Power: General Lighting, Automotive Lighting, Display Backlighting, Indicator And Signage
2) By High-Power: General Lighting, Automotive Lighting, Industrial Lighting, Outdoor Lighting

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What are the emerging Trends Shaping the Future of the Chip Scale Package (CSP) LED Market?

The key trends in the chip scale package (csp) led market are:

• A rising trend is the increasing adoption of CSP LEDs in wearable devices.
• There is a growing preference for tunable and dynamic lighting options.
• The role of CSP LEDs is expanding into automotive adaptive lighting applications.
• CSP LEDs are becoming increasingly integrated with Internet of Things (IoT) ecosystems.

Who Are the Top Competitors & Leading Players in the Chip Scale Package (CSP) LED Market?

Major players in the chip scale package (csp) led market are:

• Samsung Electronics Co. Ltd.
• Toshiba Corporation
• Sharp Corporation
• LG Innotek Co. Ltd.
• Lite-On Technology Corporation
• Rohm Semiconductor
• Shenzhen MTC Co. Ltd.
• Lumileds Holding B.V.
• Harvatek Corporation
• Everlight Electronics
• Smart Global Holdings company
• Lextar Electronics Corporation
• Epistar Corporation
• Dpower Opto-Electronic Co. Ltd.
• Luminus Devices Inc.
• Bridgelux Inc.
• Plessey Semiconductors Ltd.
• Genesis Photonics Inc.
• Nichia Corporation
• Lumens Co. Ltd.
• Seoul Semiconductor
• Semileds Corporation

Regional Dominance: Which Area Leads the Global Template Market?

Asia-Pacific was the largest region in the chip scale package (CSP) LED market in 2024