The Global IC and LED Lead Frames Market has witnessed steady growth, with the market size estimated at USD 3957.20 million in 2023. This market is projected to reach USD 6352.63 million by 2032, exhibiting a CAGR of 5.40% during the forecast period. The surge in market demand is driven by the increasing adoption of integrated circuits (ICs) and light-emitting diodes (LEDs), which are essential components in electronics, automotive, consumer goods, and industrial sectors.
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