Market Share of Europe LED Packaging Industry
The market is witnessing mergers and acquisitions by vendors, thereby, offering lucrative opportunities to the companies that enable them to boost technological advancements and market growth. Some of the prominent players in the market are investing in new technologies and solutions for the labeling industry, which is expected to drive the investment in the market further.
- January 2021 - Osram group has launched Osconiq C 2424, a chip scale package LED. Outdoor luminaires may be made more efficient and cost-effective with their industry-leading efficiency. Furthermore, it has a long lifespan.
- October 2020 - Cree, Inc. announced that it had reached a deal with SMART Global Holdings, Inc. to sell its LED Products business unit ('Cree LED') for up to USD 300 million, comprising fixed upfront and deferred payments, as well as contingent consideration.
Europe LED Packaging Market Leaders
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Cree Inc.
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OSRAM Licht AG
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Samsung Electronics Co., Ltd.
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LG Corporation (LG Innotek)
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TT Electronics
*Disclaimer: Major Players sorted in no particular order
