LED Packaging Market Poised to Capitalize on Rising Demand and...

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2025-05-08 12:17:08 -

LED Packaging Market Poised to Capitalize on Rising Demand and Innovation

The global LED packaging market continues to grow steadily, fueled by rising demand across smart lighting, consumer electronics, automotive lighting, and display technologies. Valued at USD 14.39 billion in 2023, the market is forecast to reach USD 20.72 billion by 2032, expanding at a CAGR of 4.1% over the forecast period. LED packaging, the critical process of encapsulating LED...

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