Chip-on-board LED Market – Global Industry Analysis and Forecast 2021 – 2027

chip-on-board LED market size was US$ 3.42 Bn in 2020 and is expected to reach US$ 10.82 Bn by 2027, at a CAGR of 17.88% during the forecast period.Global chip-on-board LED market To know about the Research Methodology :- Request Free Sample Report The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

chip-on-board LED market Definition

Chip-on-board LED (COB LED) is the most advanced and latest technology for LED packaging. COB LED is basically referred to the mounting of multiples LED chips directly in contact with a substrate, such as sapphire or silicon carbide (SiC) substrate, to form a single module.

chip-on-board LED market Dynamics

COB LEDs are a more advanced and newer entrant to the LED market today and they have several prominent advantages over older LED technologies. A growing market for consumer electronics and semiconductor manufacturing industries across the region is driving the growth of the market. Growing advancements in LED technology, the rising popularity of miniaturization of devices, increased market for the electronic packaging industry, a surge in the adoption of COB LED technology in various lighting segment and increasing demand for energy efficient lighting system by various industries are expected to improve growth of the market during the forecast period. COB LED provides some benefits such as compactness and small size design, long lifespan, high intensity, easy circuit design and superior thermal performance, which are ultimately propelling the growth of the market. However, despite several benefits, there are some downsides of COB LED technology such as the availability of a limited variety of colours in LED, which could hamper the growth of the market.

Chip-on-board LED Market Segment Analysis

By application, the global COB LED market is segmented into general lighting, backlighting, and automotive lighting. Growing adoption of COB LEDs for applications such as residential, commercial, and industrial outdoor and indoor lighting applications across the globe is attributed to the growth of the market. COB LEDs are widely used for outdoor large area lighting applications such as street lighting, parking lighting, and others. Increasing shift towards LED lighting technology over incandescent and fluorescent lighting technology, ever-increasing infrastructural development and modernization of industries across the world and growing demand of IoT based smart lighting technologies and introduction of Wi-Fi control based lighting solutions for various residential, industrial and commercial applications is further impelling the growth of the market. Moreover, increasing the adoption of floodlighting and area lighting systems for applications such as industrial warehouses and outer premises is expected to improve the growth of the market during the forecast period.

Chip-on-board LED Market Regional Analysis

Region wise, Asia Pacific held the largest market share in 2020 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The economies such as China, Japan, India, and South Korea are major key contributors behind the growth of the market. The growth is attributed to the massive presence of various leading chip onboard LED manufacturing companies across the region. The growing market for consumer electronics and semiconductor manufacturing industry, increasing adoption of LED lighting technology, and rising government initiatives to save energy and to improve domestic production capabilities is driving the growth of the market in the region.

Chip-on-board LED Market Key Development

In Jan 2015, Cree Inc introduced the XLamp MHD-E and MHD-G LEDs, the high-power LEDs that combine the high lumen density and reliability of a ceramic chip-on-board LED with the design and manufacturing advantages of a surface-mount package. In May 2018, Cree, Inc announced an expansion of the XLamp High Current LED Array family with new CMT LEDs that extend Cree’s latest metal-based chip-on-board (COB) LED technology to the most prevalent COB form factors. The objective of the report is to present a comprehensive analysis of the Global Chip-on-board LED Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Chip-on-board LED Market dynamics, structure by analyzing the market segments and projects the Global Chip-on-board LED Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Chip-on-board LED Market make the report investor’s guide.

chip-on-board LED market Scope:Inquire before buying

Global chip-on-board LED Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 3.42 Bn.
Forecast Period 2021 to 2027 CAGR: 17.88 % Market Size in 2027: US $ 10.82 Bn.
Segments Covered: by Material • MCPCB • Ceramic
by Application • General Lighting • Backlighting • Automotive Lighting

Global Chip-on-board LED Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global Chip-on-board LED Market Key Players

Osram Opto Semiconductors GmbHCitizen Electronics Co. LtdCree IncSeoul Semiconductor Co. Ltd • GE Lighting • Samsung Electronics Co. Ltd • Everlight Electronics Co. Ltd • LG Innotek Co. Ltd • Prophotonix • Mouser Electronics • Havells India Limited • Bridgelux Inc • Cooper Lighting • Philips Lumileds Lighting Co • Optoga AB • Lumens Co., Ltd • Leiso Lighting Tech. Ltd
Global Chip-on-board LED Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Chip-on-board LED Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Chip-on-board LED Market Analysis and Forecast 6.1. Chip-on-board LED Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Chip-on-board LED Market Analysis and Forecast, By Material 7.1. Introduction and Definition 7.2. Key Findings 7.3. Chip-on-board LED Market Value Share Analysis, By Material 7.4. Chip-on-board LED Market Size (US$ Bn) Forecast, By Material 7.5. Chip-on-board LED Market Analysis, By Material 7.6. Chip-on-board LED Market Attractiveness Analysis, By Material 8. Global Chip-on-board LED Market Analysis and Forecast, By Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Chip-on-board LED Market Value Share Analysis, By Application 8.4. Chip-on-board LED Market Size (US$ Bn) Forecast, By Application 8.5. Chip-on-board LED Market Analysis, By Application 8.6. Chip-on-board LED Market Attractiveness Analysis, By Application 9. Global Chip-on-board LED Market Analysis, by Region 9.1. Chip-on-board LED Market Value Share Analysis, by Region 9.2. Chip-on-board LED Market Size (US$ Bn) Forecast, by Region 9.3. Chip-on-board LED Market Attractiveness Analysis, by Region 10. North America Chip-on-board LED Market Analysis 10.1. Key Findings 10.2. North America Chip-on-board LED Market Overview 10.3. North America Chip-on-board LED Market Value Share Analysis, By Material 10.4. North America Chip-on-board LED Market Forecast, By Material 10.4.1. MCPCB 10.4.2. Ceramic 10.5. North America Chip-on-board LED Market Value Share Analysis, By Application 10.6. North America Chip-on-board LED Market Forecast, By Application 10.6.1. General Lighting 10.6.2. Backlighting 10.6.3. Automotive Lighting 10.7. North America Chip-on-board LED Market Value Share Analysis, by Country 10.8. North America Chip-on-board LED Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Chip-on-board LED Market Analysis, by Country 10.10. U.S. Chip-on-board LED Market Forecast, By Material 10.10.1. MCPCB 10.10.2. Ceramic 10.11. U.S. Chip-on-board LED Market Forecast, By Application 10.11.1. General Lighting 10.11.2. Backlighting 10.11.3. Automotive Lighting 10.12. Canada Chip-on-board LED Market Forecast, By Material 10.12.1. MCPCB 10.12.2. Ceramic 10.13. Canada Chip-on-board LED Market Forecast, By Application 10.13.1. General Lighting 10.13.2. Backlighting 10.13.3. Automotive Lighting 10.14. North America Chip-on-board LED Market Attractiveness Analysis 10.14.1. By Material 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Chip-on-board LED Market Analysis 11.1. Key Findings 11.2. Europe Chip-on-board LED Market Overview 11.3. Europe Chip-on-board LED Market Value Share Analysis, By Material 11.4. Europe Chip-on-board LED Market Forecast, By Material 11.4.1. MCPCB 11.4.2. Ceramic 11.5. Europe Chip-on-board LED Market Value Share Analysis, By Application 11.6. Europe Chip-on-board LED Market Forecast, By Application 11.6.1. General Lighting 11.6.2. Backlighting 11.6.3. Automotive Lighting 11.7. Europe Chip-on-board LED Market Value Share Analysis, by Country 11.8. Europe Chip-on-board LED Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Chip-on-board LED Market Analysis, by Country 11.10. Germany Chip-on-board LED Market Forecast, By Material 11.10.1. MCPCB 11.10.2. Ceramic 11.11. Germany Chip-on-board LED Market Forecast, By Application 11.11.1. General Lighting 11.11.2. Backlighting 11.11.3. Automotive Lighting 11.12. U.K. Chip-on-board LED Market Forecast, By Material 11.12.1. MCPCB 11.12.2. Ceramic 11.13. U.K. Chip-on-board LED Market Forecast, By Application 11.13.1. Industrial 11.13.2. Commercial 11.13.3. Residential 11.14. France Chip-on-board LED Market Forecast, By Material 11.14.1. MCPCB 11.14.2. Ceramic 11.15. France Chip-on-board LED Market Forecast, By Application 11.15.1. General Lighting 11.15.2. Backlighting 11.15.3. Automotive Lighting 11.16. Italy Chip-on-board LED Market Forecast, By Material 11.16.1. MCPCB 11.16.2. Ceramic 11.17. Italy Chip-on-board LED Market Forecast, By Application 11.17.1. General Lighting 11.17.2. Backlighting 11.17.3. Automotive Lighting 11.18. Spain Chip-on-board LED Market Forecast, By Material 11.18.1. MCPCB 11.18.2. Ceramic 11.19. Spain Chip-on-board LED Market Forecast, By Application 11.19.1. General Lighting 11.19.2. Backlighting 11.19.3. Automotive Lighting 11.20. Rest of Europe Chip-on-board LED Market Forecast, By Material 11.20.1. MCPCB 11.20.2. Ceramic 11.21. Rest of Europe Chip-on-board LED Market Forecast, By Application 11.21.1. General Lighting 11.21.2. Backlighting 11.21.3. Automotive Lighting 11.22. Europe Chip-on-board LED Market Attractiveness Analysis 11.22.1. By Material 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Chip-on-board LED Market Analysis 12.1. Key Findings 12.2. Asia Pacific Chip-on-board LED Market Overview 12.3. Asia Pacific Chip-on-board LED Market Value Share Analysis, By Material 12.4. Asia Pacific Chip-on-board LED Market Forecast, By Material 12.4.1. MCPCB 12.4.2. Ceramic 12.5. Asia Pacific Chip-on-board LED Market Value Share Analysis, By Application 12.6. Asia Pacific Chip-on-board LED Market Forecast, By Application 12.6.1. General Lighting 12.6.2. Backlighting 12.6.3. Automotive Lighting 12.7. Asia Pacific Chip-on-board LED Market Value Share Analysis, by Country 12.8. Asia Pacific Chip-on-board LED Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Chip-on-board LED Market Analysis, by Country 12.10. China Chip-on-board LED Market Forecast, By Material 12.10.1. MCPCB 12.10.2. Ceramic 12.11. China Chip-on-board LED Market Forecast, By Application 12.11.1. General Lighting 12.11.2. Backlighting 12.11.3. Automotive Lighting 12.12. India Chip-on-board LED Market Forecast, By Material 12.12.1. MCPCB 12.12.2. Ceramic 12.13. India Chip-on-board LED Market Forecast, By Application 12.13.1. General Lighting 12.13.2. Backlighting 12.13.3. Automotive Lighting 12.14. Japan Chip-on-board LED Market Forecast, By Material 12.14.1. MCPCB 12.14.2. Ceramic 12.15. Japan Chip-on-board LED Market Forecast, By Application 12.15.1. General Lighting 12.15.2. Backlighting 12.15.3. Automotive Lighting 12.16. ASEAN Chip-on-board LED Market Forecast, By Material 12.16.1. MCPCB 12.16.2. Ceramic 12.17. ASEAN Chip-on-board LED Market Forecast, By Application 12.17.1. General Lighting 12.17.2. Backlighting 12.17.3. Automotive Lighting 12.18. Rest of Asia Pacific Chip-on-board LED Market Forecast, By Material 12.18.1. MCPCB 12.18.2. Ceramic 12.19. Rest of Asia Pacific Chip-on-board LED Market Forecast, By Application 12.19.1. General Lighting 12.19.2. Backlighting 12.19.3. Automotive Lighting 12.20. Asia Pacific Chip-on-board LED Market Attractiveness Analysis 12.20.1. By Material 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Chip-on-board LED Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Chip-on-board LED Market Overview 13.3. Middle East & Africa Chip-on-board LED Market Value Share Analysis, By Material 13.4. Middle East & Africa Chip-on-board LED Market Forecast, By Material 13.4.1. MCPCB 13.4.2. Ceramic 13.5. Middle East & Africa Chip-on-board LED Market Value Share Analysis, By Application 13.6. Middle East & Africa Chip-on-board LED Market Forecast, By Application 13.6.1. General Lighting 13.6.2. Backlighting 13.6.3. Automotive Lighting 13.7. Middle East & Africa Chip-on-board LED Market Value Share Analysis, by Country 13.8. Middle East & Africa Chip-on-board LED Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Chip-on-board LED Market Analysis, by Country 13.10. GCC Chip-on-board LED Market Forecast, By Material 13.10.1. MCPCB 13.10.2. Ceramic 13.11. GCC Chip-on-board LED Market Forecast, By Application 13.11.1. General Lighting 13.11.2. Backlighting 13.11.3. Automotive Lighting 13.12. South Africa Chip-on-board LED Market Forecast, By Material 13.12.1. MCPCB 13.12.2. Ceramic 13.13. South Africa Chip-on-board LED Market Forecast, By Application 13.13.1. General Lighting 13.13.2. Backlighting 13.13.3. Automotive Lighting 13.14. Rest of Middle East & Africa Chip-on-board LED Market Forecast, By Material 13.14.1. MCPCB 13.14.2. Ceramic 13.15. Rest of Middle East & Africa Chip-on-board LED Market Forecast, By Application 13.15.1. General Lighting 13.15.2. Backlighting 13.15.3. Automotive Lighting 13.16. Middle East & Africa Chip-on-board LED Market Attractiveness Analysis 13.16.1. By Material 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Chip-on-board LED Market Analysis 14.1. Key Findings 14.2. South America Chip-on-board LED Market Overview 14.3. South America Chip-on-board LED Market Value Share Analysis, By Material 14.4. South America Chip-on-board LED Market Forecast, By Material 14.4.1. MCPCB 14.4.2. Ceramic 14.5. South America Chip-on-board LED Market Value Share Analysis, By Application 14.6. South America Chip-on-board LED Market Forecast, By Application 14.6.1. General Lighting 14.6.2. Backlighting 14.6.3. Automotive Lighting 14.7. South America Chip-on-board LED Market Value Share Analysis, by Country 14.8. South America Chip-on-board LED Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Chip-on-board LED Market Analysis, by Country 14.10. Brazil Chip-on-board LED Market Forecast, By Material 14.10.1. MCPCB 14.10.2. Ceramic 14.11. Brazil Chip-on-board LED Market Forecast, By Application 14.11.1. General Lighting 14.11.2. Backlighting 14.11.3. Automotive Lighting 14.12. Mexico Chip-on-board LED Market Forecast, By Material 14.12.1. MCPCB 14.12.2. Ceramic 14.13. Mexico Chip-on-board LED Market Forecast, By Application 14.13.1. General Lighting 14.13.2. Backlighting 14.13.3. Automotive Lighting 14.14. Rest of South America Chip-on-board LED Market Forecast, By Material 14.14.1. MCPCB 14.14.2. Ceramic 14.15. Rest of South America Chip-on-board LED Market Forecast, By Application 14.15.1. General Lighting 14.15.2. Backlighting 14.15.3. Automotive Lighting 14.16. South America Chip-on-board LED Market Attractiveness Analysis 14.16.1. By Material 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicles and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Vehicles 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Osram Opto Semiconductors GmbH 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Citizen Electronics Co. Ltd 15.3.3. Cree Inc 15.3.4. Seoul Semiconductor Co. Ltd 15.3.5. GE Lighting 15.3.6. Samsung Electronics Co. Ltd 15.3.7. Everlight Electronics Co. Ltd 15.3.8. LG Innotek Co. Ltd 15.3.9. Prophotonix 15.3.10. Mouser Electronics 15.3.11. Havells India Limited 15.3.12. Bridgelux Inc 15.3.13. Cooper Lighting 15.3.14. Philips Lumileds Lighting Co 15.3.15. Optoga AB 15.3.16. Lumens Co., Ltd 15.3.17. Leiso Lighting Tech. Ltd 16. Primary Key Insights

About This Report

Report ID 66835
Category Electronics
Published Date July 2020
Updated Date JAN 2022
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