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The Latin America, Middle East and Africa LED Packaging Market would witness market growth of 7.4% CAGR during the forecast period (2017-2023). The major factors contributing to the growth of the LED packaging market are growing demand for high power grade LED packages for lighting applications, escalating demand for LED packages in the display panel market, rising interest by governments around the world, stringent regulations to adopt energy-efficient LEDs, and growing demand for smart lighting solutions. Saturation levels in the market would limit the market growth to a certain extent. The market for LED packaging would witness significant growth due to large number of players in the technology landscape.
Based on Packaging Material, the market report segments the market into Substrates, Ceramic Packages, Lead Frames, Bonding Wire, and Others. Based on Package Type, the market report segments the market into Surface Mount Device, Chip on Board, Chip Scale Package, and Other Package Types. Based on Application, the market report segments the market into General Lighting, Backlighting, Automotive Lighting, and Other Applications. Based on Countries, the Data Center Virtualization market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the Data Center Virtualization Market. Key companies profiled in the report include Samsung Electronics Co., Ltd., Cree Inc., OSRAM Licht AG, Koninklijke Philips N.V. (Lumileds), Nichia Corporation, LG Corporation (LG Innotek), Epistar Corporation,Stanley Electric Co. Ltd., Everlight Electronics, and TT Electronics.