Chip Scale Package (CSP) LED Market Outlook (2023 to 2033)
According to Persistence Market Research, the global market for chip scale package (CSP) LED will reach US$ 1.0 billion by 2023, growing at a 14.2% CAGR from 2023 to 2033. The market is projected to reach US$ 3.8 billion by 2033.
As automotive headlights become more complex and require high intensity and beam control, CSP LEDs are becoming increasingly popular. Advanced Front Light Systems (AFLS) and cameras are improving the resolution of matrix headlights, as well as driver visibility.