Press release
Chip-On-Board (Cob) Led Market Demand and Analysis of Key Players & Forecasts to 2030
Global Chip-On-Board (Cob) Led Market
Chip-on-board LED lights are increasingly being used in home, business, and industrial lighting systems as well as for street lighting, spot lighting, and other applications. They are also increasingly being used in backlighting applications. Another driver propelling market expansion is the increasing acceptance of chip-on-board LED lights by the rapidly expanding automotive sectors for interior and exterior lighting applications.
Market Dynamics:
Major factors propelling the growth of the global chip-on-board LED market's revenue include rising demand for and adoption of chip-on-board (CoB) LED lights in residential, commercial, and industrial applications, as well as increased demand from the automotive and electronics industries for backlighting in smartphones, monitors, TVs, panels, tablets, and other devices.
Join the team, The most recent method of assembling several LED chips into a single lighting module on a substrate is LED. Lower heat emission is produced as a result of the thermal conductivity shifting toward the PCB due to the bonding of LED chip diodes. Compared to CFL lights, these lights offer several advantages. Chip-on-board LED lighting solutions are more affordable, dependable, and energy-efficient. Compared to traditional LED lights, these lights emit less heat, are more intense, and have a high homogeneous luminance.great power density, too. The rapid development of infrastructure, urbanisation, and the expansion of government efforts and programmes in emerging nations to decrease energy use and carbon emissions are major drivers of market expansion.
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Global Chip-On-Board (Cob) Led Market: Major Players
Philips Lumileds Lighting
Cree
Citizen Electronics
Lumens
LG Innotek
Nichia
Everlight Electronics
Osram Opto Semiconductors
Samsung Electronics
Seoul Semiconductor
Global Chip-On-Board (Cob) Led Market: By Types
Lateral Chip
Vertical Chip
Flip Chip
Global Chip-On-Board (Cob) Led Market: By Applications
General Lighting Industry
Automotive Industry
Backlighting Industry
Global Chip-On-Board (Cob) Led Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Chip-On-Board (Cob) Led market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key questions answered by the report
•Which regional market in the global chip-on-board LED market accounted for the largest revenue share in 2030?
•Which is a major factor expected to drive growth of the global chip-on-board LED market?
•Which of the application segments is projected to register highest CAGR in the global market during the forecast period?
•Which regional market is expected to register fastest revenue growth rate in the global market in 2030?
•What are some strategies being adopted in the market?
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