Press release
Chip On Board (COB) LED Market Forecast: Anticipating Size, Share, and Growth Trends for the Next Ten Years
Chip On Board (COB) LED Market
Chip On Board (COB) LED Market Size was valued at USD 1.9 Billion in 2022. The Chip On Board (COB) LED Market industry is projected to grow from USD 2.2 Billion in 2023 to USD 8.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 18.10% during the forecast period (2023 - 2032). The growing emphasis of governments throughout the world on promoting energy-efficient lighting and lowering power requirements are the key market drivers enhancing the market growth.
In the ever-evolving landscape of lighting technology, Chip On Board (COB) LEDs have emerged as a revolutionary solution, offering enhanced brightness, efficiency, and versatility compared to traditional lighting sources. The COB LED market is experiencing rapid growth, driven by the demand for energy-efficient lighting solutions, advancements in semiconductor technology, and the growing emphasis on sustainability and environmental conservation.
Get a Complete PDF @ https://www.marketresearchfuture.com/sample_request/7030
Key Players:
• Osram Opto Semiconductors GmbH (Germany)
• Citizen Electronics Co. Ltd. (Japan)
• Cree Inc. (US)
• Seoul Semiconductor Co. Ltd. (South Korea)
• GE Lighting (US)
• Philips Lumileds Lighting Co. (Netherlands)
• Samsung Electronics Co. Ltd. (South Korea)
• Everlight Electronics Co. Ltd. (Taiwan)
• LG Innotek Co. Ltd. (South Korea),
are the notable vendors in the Chip On Board (COB) LED market.
Get Complete Report Details@ https://www.marketresearchfuture.com/reports/chip-on-board-led-market-7030
Chip On Board (COB) LED Market Regional Analysis:
North America dominates the global chip on board LED market. The large presence of major technology providers, producers, and suppliers in this region drives the chip on board LED market growth. Many COB LED providers like Cree, Lumileds, and Nichia Corporation offer a wide range of products for various applications. Besides, the high adoption of COB LEDs in the automotive and horticultural lighting sectors substantiates the region's market share.
Chip On Board (COB) LED Market Segmentation:
This market is segmented into materials, applications, and regions. The material segment comprises MCPCBs and ceramics. The application segment comprises general lighting, backlighting, and automotive lighting. By region, the market comprises the Americas, Asia-Pacific, Europe, and the rest of the world.
Buy Chip On Board (COB) LED Market Research Report @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=7030
Chip On Board (COB) LEDs represent a significant departure from conventional LED packaging techniques. Unlike traditional LEDs, which consist of individual diodes mounted on a circuit board, COB LEDs feature multiple LED chips packaged together directly onto a substrate, such as ceramic or metal. This compact design allows for higher packing densities and improved thermal management, resulting in higher lumen output and better light uniformity.
The future of the COB LED market looks promising, with continued advancements in technology, expanding applications, and growing awareness of the benefits of LED lighting driving market growth. As industries and consumers increasingly prioritize energy efficiency, sustainability, and quality of light, COB LEDs are poised to play a pivotal role in shaping the future of lighting technology, illuminating our homes, businesses, and communities with efficiency and innovation.
Related More Articles:
Display Controller Market Research Report - Global Forecast 2027 - https://www.marketresearchfuture.com/reports/display-controller-market-4020
Audio Interface Market Research Report- Global Forecast to 2030 - https://www.marketresearchfuture.com/reports/audio-interface-market-4681
Power Management IC's Market Research Report - Global Forecast to 2030 - https://www.marketresearchfuture.com/reports/power-management-ic-market-5038
About Us:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact Us:
Market Research Future
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Sales: +1 628 258 0071(US)
+44 2035 002 764(UK
Email: sales@marketresearchfuture.com
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) LED Market Forecast: Anticipating Size, Share, and Growth Trends for the Next Ten Years here
News-ID: 3432655 • Views: …
More Releases from Market Research Future (MRFR)
Advanced Metering Infrastructure (AMI) Market to Grow at 8.50% CAGR by 2035 Enab …
Advanced Metering Infrastructure (AMI) has emerged as a cornerstone of modern utility management, transforming how electricity, gas, and water consumption is measured, monitored, and managed. AMI integrates smart meters, communication networks, and data management systems to enable two-way communication between utilities and end users.
This shift from traditional metering to digital, intelligent systems is driven by the global push for energy efficiency, grid modernization, and improved customer engagement. Utilities worldwide…
GLP-1 Drug Market Size is projected to grow from 12.19 USD Billion in 2025 to 42 …
The GLP-1 Drug Market: A Comprehensive Outlook on Growth, Trends, Players, and Regional Dynamics
The global market for GLP-1 (glucagon-like peptide-1) drugs has emerged as one of the most dynamic and rapidly expanding segments in the pharmaceutical industry, driven by escalating rates of type 2 diabetes, obesity, and associated cardiometabolic disorders. Originally developed to improve glycemic control in patients with diabetes, GLP-1 receptor agonists have demonstrated significant benefits beyond glucose management,…
Gear Pump Market to Reach USD 6.492 Billion by 2035 | CAGR 2.92%
The gear pump market plays a crucial role in modern industrial and commercial operations, driven by its ability to handle high-viscosity fluids with consistent flow and high reliability. Gear pumps are widely used across industries such as oil & gas, chemical processing, automotive, power generation, food & beverages, and construction equipment. Their compact design, durability, and efficiency make them an essential component in hydraulic systems, lubrication systems, and fluid transfer…
Compact Inverter Technology Market to Hit USD 33.4 Billion by 2035 | CAGR 8.34%
The Compact Inverter Technology Market is gaining significant momentum as industries and consumers increasingly prioritize energy efficiency, space optimization, and reliable power conversion solutions. Compact inverters, known for their small form factor, lightweight design, and high efficiency, are becoming essential across sectors such as renewable energy, industrial automation, consumer electronics, electric vehicles, and power backup systems.
With rapid urbanization, growing renewable energy installations, and rising demand for uninterrupted power supply,…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
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…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
