The Global Chip Scale Package (CSP) LED Market, valued at US$ 1.4 billion in 2022, is projected to grow at a robust compound annual growth rate (CAGR) of 15.0% from 2023 to 2031, reaching an estimated value of US$ 4.3 billion by the end of the forecast period. This growth is largely driven by rising demand for energy-efficient lighting solutions, coupled with advancements in LED technology.
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