Market Forecast by Countries (United States, Canada), By Application (Backlighting Unit (BLU), General Lighting, Automotive, Flash Lighting, Others), By Power Range (Low- & Mid-Power, High-Power) And Competitive Landscape
Product Code: ETC4621840 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Chip Scale Package (CSP) LED Market |
Forecast Period | 2025-2031 |
Forecast Size | USD 4.3 billion By 2031 |
CAGR | 8.5% |
Growing Sector | Commercial |
North America Chip Scale Package (CSP) LED Market report thoroughly covers the market By Countries, By Application and By Power Range. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Chip Scale Package (CSP) LED Market was valued at USD 1.4 billion and is expected to reach USD 4.3 billion , growing at a CAGR of around 8.5% from 2025-2031. The growth of the market can be attributed to the increasing demand for energy-efficient lighting solutions and the growing use of CSP LED in commercial applications such as offices, retail stores, and hospitals.
The North America Chip Scale Package (CSP) LED market is witnessing significant growth, driven by the increasing demand for energy-efficient, compact, and high-performance lighting solutions. CSP LEDs, known for their small form factor, enhanced thermal management, and superior brightness, are increasingly being adopted in applications such as automotive lighting, display panels, architectural lighting, and consumer electronics. in CSP LED design and manufacturing, along with their ability to be integrated into smaller devices and applications, are further driving their adoption. The U.S. is the largest contributor to the North America CSP LED market, with its advanced technology sector and high demand for consumer electronics and automotive applications. With increasing investments in LED infrastructure and growing emphasis on sustainable and eco-friendly lighting solutions, the CSP LED market is poised for continued expansion in North America.
According to 6Wresearch, the North America Chip Scale Package (CSP) LED Market size is projected to grow, reaching at a CAGR of 8.5% during the forecast period of 2025-2031. The commercial sector is expected to witness the highest growth, driven by the increasing demand for energy-efficient lighting solutions in offices, retail stores, and other commercial spaces. The automotive sector is also expected to contribute significantly to the market growth, with the rising adoption of CSP LEDs in automotive lighting applications due to their compact size and enhanced performance.
The market growth is also supported by the rising focus on energy-saving solutions and the transition toward solid-state lighting (SSL), which offers longer lifespans and lower power consumption compared to traditional lighting technologies. Technological advancements
The North America Chip Scale Package (CSP) LED market is witnessing the emergence of several novel trends that are expected to shape its future growth. One such trend is the growing demand for human-centric lighting solutions, which aim to improve occupant well-being and productivity by mimicking natural daylight patterns. This trend is particularly prevalent in commercial applications, where CSP LEDs are increasingly being used to create dynamic and customizable lighting environments.
Another emerging trend in the North America CSP LED market is the use of smart lighting solutions, which incorporate sensors and controls to enable energy-efficient and personalized lighting experiences. These solutions are gaining popularity in both commercial and residential applications, further driving the demand for CSP LEDs.
The North America Chip Scale Package (CSP) LED market offers lucrative investment opportunities for both existing players and new entrants. With the increasing demand for energy-efficient lighting solutions, there is a growing need for innovative CSP LED designs and manufacturing processes. Additionally, the market presents opportunities for investments in smart lighting solutions, which are expected to gain significant traction in the coming years. Moreover, government initiatives promoting energy conservation and sustainability are also driving investment opportunities in the North America CSP LED market.
Some of the prominent players operating in the North America Chip Scale Package (CSP) LED market are expanding their market share through mergers and acquisitions, partnerships, and new product launches. For instance, in 2020, Cree Inc. announced the acquisition of Arizona-based LED manufacturer Infineon Technologies AG to expand its portfolio of high-performance CSP LEDs and provide a comprehensive product range for various applications. In the same year, Lumileds Holding B.V. launched a new CSP LED module designed for horticulture lighting applications, catering to the growing demand for innovative and energy-efficient solutions in the agricultural sector.
The North America Chip Scale Package (CSP) LED market is subject to various government regulations and initiatives aimed at promoting energy conservation and sustainability. For instance, in the U.S., the Department of Energy (DOE) has set strict energy efficiency standards for lighting products, including CSP LEDs, under the Energy Policy and Conservation Act (EPCA). These regulations are expected to drive the adoption of energy-efficient lighting solutions, further boosting the market growth.
Moreover, there are also regulations in place for the disposal and recycling of electronic waste, including LED products. This not only promotes responsible environmental practices but also creates opportunities for companies to develop sustainable product designs and processes. In addition, government initiatives promoting the use of renewable energy sources are also expected to have a positive impact on the North America CSP LED market. The increasing focus on reducing carbon emissions and transitioning to cleaner energy sources is likely to drive the demand for energy-efficient lighting solutions, further propelling the market growth.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Dhaval, Research Manager, 6Wresearch, The US accounts for the largest share in the North America CSP LED market, driven by the presence of key players and the growing adoption of energy-efficient lighting solutions. The country is also witnessing a rising demand for smart lighting systems, further augmenting the market growth.
The general lighting segment is expected to dominate the North America CSP LED market, owing to the increasing demand for energy-efficient and high-performance lighting solutions across commercial, residential, and industrial applications. However, the automotive sector is also expected to contribute significantly to the market growth, with the rising adoption of CSP LEDs in automotive lighting applications due to their compact size, high efficiency, and long lifespan.
Based on power range, the mid-power segment is expected to dominate the North America CSP LED market. This can be attributed to the increasing demand for compact and energy-efficient lighting solutions in various applications, such as general lighting, automotive, and consumer electronics. The segment is also expected to witness significant growth due to the rising adoption of CSP LEDs in smart lighting solutions.
The report offers a comprehensive study of the subsequent market segments:
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 North America Chip Scale Package (CSP) LED Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Chip Scale Package (CSP) LED Market Revenues & Volume, 2021 & 2031F |
3.3 North America Chip Scale Package (CSP) LED Market - Industry Life Cycle |
3.4 North America Chip Scale Package (CSP) LED Market - Porter's Five Forces |
3.5 North America Chip Scale Package (CSP) LED Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Chip Scale Package (CSP) LED Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 North America Chip Scale Package (CSP) LED Market Revenues & Volume Share, By Power Range, 2021 & 2031F |
4 North America Chip Scale Package (CSP) LED Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Chip Scale Package (CSP) LED Market Trends |
6 North America Chip Scale Package (CSP) LED Market, 2021 - 2031 |
6.1 North America Chip Scale Package (CSP) LED Market, Revenues & Volume, By Application , 2021 - 2031 |
6.2 North America Chip Scale Package (CSP) LED Market, Revenues & Volume, By Power Range, 2021 - 2031 |
7 United States Chip Scale Package (CSP) LED Market, 2021 - 2031 |
7.1 United States Chip Scale Package (CSP) LED Market, Revenues & Volume, By Application , 2021 - 2031 |
7.2 United States Chip Scale Package (CSP) LED Market, Revenues & Volume, By Power Range, 2021 - 2031 |
8 Canada Chip Scale Package (CSP) LED Market, 2021 - 2031 |
8.1 Canada Chip Scale Package (CSP) LED Market, Revenues & Volume, By Application , 2021 - 2031 |
8.2 Canada Chip Scale Package (CSP) LED Market, Revenues & Volume, By Power Range, 2021 - 2031 |
9 North America Chip Scale Package (CSP) LED Market Key Performance Indicators |
10 North America Chip Scale Package (CSP) LED Market - Opportunity Assessment |
10.1 North America Chip Scale Package (CSP) LED Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Chip Scale Package (CSP) LED Market Opportunity Assessment, By Application , 2021 & 2031F |
10.3 North America Chip Scale Package (CSP) LED Market Opportunity Assessment, By Power Range, 2021 & 2031F |
11 North America Chip Scale Package (CSP) LED Market - Competitive Landscape |
11.1 North America Chip Scale Package (CSP) LED Market Revenue Share, By Companies, 2024 |
11.2 North America Chip Scale Package (CSP) LED Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |