openPR Logo
Press release

Chip-on-board (CoB) Light Emitting Diode (LED) Market 2023 Driving Factors Forecast Research 2029

06-07-2023 09:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Chip-on-board (CoB) Light Emitting Diode (LED) Market

Chip-on-board (CoB) Light Emitting Diode (LED) Market

CoB LED market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The growth of the market is attributed to factors such as the increasing demand for energy-efficient lighting solutions and advancements in lighting technology. Further, the automotive sector's adoption of CoB LEDs for various applications is expected to fuel the demand for CoB LEDs. According to International Energy Agency (IEA), compared to incandescent, LED lamps offer 80-90% energy savings. Compared to fluorescent, they achieve 50-60% savings. Chip-on-board LEDs lumens per watt (lm/W) offer efficacies over 150 lm/W - double the efficacy of the fluorescent technology - with high color rendering and stability. Thus, the growth of the market is attributed to factors such as increasing demand for energy-efficient lighting solutions and advancements in lighting technology. Further, the growth of the automotive sector coupled with the adoption of CoB LEDs for various applications in the automotive segment, such as headlights, interior lighting, and displays is anticipated to propel the growth of the market.

Get Free Sample link @ https://www.omrglobal.com/request-sample/cob-led-market

The global CoB LED market is segmented based on material and application. Based on material, the market is bifurcated into MCPCB and ceramics. Based on application, the market is sub-segmented into general lighting, backlighting, automotive lighting, and others (illumination). Among the material, the others sub-segment including Illumination is anticipated to hold a prominent share of the global CoB LED market. The growth is attributed to the growing demand for energy-efficient and long-lasting lighting solutions in residential, commercial, and industrial sectors.

full report of Chip-on-board (CoB) Light Emitting Diode (LED) Market available @ https://www.omrglobal.com/industry-reports/cob-led-market

o Market Coverage
o Market number available for - 2023-2029
o Base year- 2022
o Forecast period- 2023-2029
o Segment Covered- By Source, By Product Type, By Applications
o Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
o Inc., and others

Market Segmentation
Global Chip-on-board (CoB) LED Market by Material
o Metal Core Printed Circuit Board (MCPCB)
o Ceramic

Global Chip-on-board (CoB) LED Market by Application
o General Lighting
o Backlighting
o Automotive Lighting
o Others (Illumination)

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o 3DZ S.P.A.
o Bridgelux, Inc.
o Citizen Electronics Co., Ltd.
o Cooper Lighting, LLC
o EVERLIGHT ELECTRONICS CO., LTD.
o LEISO Lighting (Dongugan) Tech Co.,Ltd
o Lextar Electronics Corp.
o LG Innotek Co., Ltd.
o Luminus, Inc.
o Lumishore
o NEO-NEON HOLDINGS LTD.
o NICHIA CORP.
o PerkinElmer U.S. LLC
o ProPhotonix Ltd.
o Savant Systems, Inc.
o Seoul Semiconductor Co., Ltd.
o Sharp Group
o Tridonic GmbH & Co KG
o Wolfspeed, Inc.

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global chip-on-board (CoB) Light Emitting Diode (LED) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/cob-led-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Chip-on-board (CoB) Light Emitting Diode (LED) Market 2023 Driving Factors Forecast Research 2029 here

News-ID: 3080132 • Views:

More Releases from orion market research

North American Cardiovascular Devices Market to Witness Growth Acceleration by 2031
North American Cardiovascular Devices Market to Witness Growth Acceleration by 2 …
North American cardiovascular devices market is projected to grow at a significant CAGR of 5.6% during the forecast period. The market growth in North America can be attributed to the rising geriatric population, frequent US FDA approvals for innovative cardiovascular devices, and the growing adoption of minimally invasive/non-invasive cardiac surgeries. There are several cardiac health organizations working in the US, such as American Heart Association. The geriatric population is more
Topical Drug Delivery Market Will Exhibit an Impressive Expansion by 2024-2031
Topical Drug Delivery Market Will Exhibit an Impressive Expansion by 2024-2031
The global topical drug delivery market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The key factor contributing to the market growth includes the increasing approvals, grants, and clearance by government authorities and regulatory bodies for topical drugs. For instance, • In July 2022, Alembic Pharmaceuticals, (Aleor Dermaceuticals) received the US Food and Drug Administration (US FDA) approval for its Abbreviated New Drug Application (ANDA) for
Surgical Retractors Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
Surgical Retractors Market Size, Trends, Latest Insights, Analysis and Forecast …
The global surgical retractors market is anticipated to grow at a considerable CAGR of 6.3% during the forecast period. The increasing research and development activities for the development of new and advanced medical devices by the pharmaceutical and biotechnology companies. Increasing demand for the new surgical devices by the end-users are key factors that are contributing to the growth of the surgical retractors market. For instance, • In June 2022, U.S.
Medical Packaging Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
Medical Packaging Market Size, Trends, Latest Insights, Analysis and Forecast 20 …
The global medical packaging market is anticipated to grow with a significant CAGR of 6.1% during the forecast period. The growth of the medical packaging market is attributed to the rapidly changing healthcare industry. The medical packaging market is continuously experiencing various changes owing to the outbreak of new diseases, increasing regulatory norms, and growth in advanced healthcare systems. Furthermore, increasing development in diagnostics, pathological and other allied medical equipment

All 5 Releases


More Releases for LED

Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=68754 Table of Contents: Table of Contents Global LED Driver (LED Lighting Driver) Market Research Report
Global LED Drivers Market 2017 Trends By Product(Buck-Boost LED Drivers, Multito …
Scope Of Global LED Drivers Market Research Report 2017 Global LED Drivers Market Report Based On Defination, Status and Forecast 2022 contains a market overview of the industry which talks about market Application, production, Consumption, revenue, Gross margin, sales volumes and figures, growth estimation in coming years, current industry leaders and their sales/revenue metrics. Request For Free Sample Report Here : https://www.reportsmonitor.com/request-sample/?post=489550 This report studies the global LED Drivers market, analyzes and
LED Flashlight Market 2017 - SureFire, LED Lenser, Pelican, NovaTac
Apex Research, recently published a detailed market research study focused on the "LED Flashlight Market" across the global, regional and country level. The report provides 360° analysis of "LED Flashlight Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LED Flashlight industry, and estimates the future trend of LED Flashlight market on
LED Light: 2017 Global LED Light Bulb Market Outlook
Orbis Research delivers key insights on the Global LED Light Bulb Market in a new report titled “Global LED Light Bulb Market Research Report 2017-2022 by Players, Regions, Product Types and Applications.” In this report, Orbis Research sheds light on the various factors and trends impacting market growth over the forecast period (2017 – 2022). Description The Global LED Light Bulb Market report offers a comprehensive evaluation of the Global LED