Consumer Goods and Retail Report Blog

UAE LED Packaging Market is predicted to grow at a robust CAGR in the next five years, owing to the increasing government initiatives to adopt energy efficient and smart lights across the country and the growing popularity of high grade and smart LED Packages across various end-use industries like automotive, electronics etc. Moreover, the rising demand in display panels in televisions will propel the growth of the market further. Based on the applications, general lightning segment is anticipated to occupy the largest market share in the forecast period due to the increasing need of cost-effective and energy saving lighting for residential and commercial usage. Based on package type segment of the LED Packaging market ,   Chip Scale Package (CSP) is predicted to lead the market in the next five years, due to its advantages like thinner profile, compact package footprint, reduced weight and better electrical performance etc over others.   For More Information@  https://www.techsciresea