Press release
Chip-on-board (CoB) Light Emitting Diode (LED) Market | Business Growth, Development Factors, Current and Future Trends till 2031 | EVERLIGHT ELECTRONICS CO., LTD. LEISO Lighting (Dongugan) Tech Co.,Ltd Lextar Electronics Corp.
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 further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). Among these, North America is projected to experience considerable growth in the CoB LED market during the forecast period. The market growth is attributed to various advancements in efficient lighting technology along with the growing emphasis on efficient lighting in residential and commercial applications. However, Europe is anticipated to cater to a prominent growth over the forecast period.
full report of Chip-on-board (CoB) Light Emitting Diode (LED) Market available @ https://www.omrglobal.com/industry-reports/cob-led-market
• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Chip-on-board (CoB) Light Emitting Diode (LED) Market Report Segment
By Material
• Metal Core Printed Circuit Board (MCPCB)
• Ceramics
By Application
• General Lighting
• Backlighting
• Automotive Lighting
• Others (Illumination)
Global Chip-on-board (CoB) Light Emitting Diode (LED) Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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 | Business Growth, Development Factors, Current and Future Trends till 2031 | EVERLIGHT ELECTRONICS CO., LTD. LEISO Lighting (Dongugan) Tech Co.,Ltd Lextar Electronics Corp. here
News-ID: 3631023 • Views: …
More Releases from orion market research

Compressed Natural Gas (CNG) Truck Market Size Analysis, Competitive Insights, L …
The global CNG heavy‐duty truck market was approximately USD 8.5 billion, and by 2033 it is expected to reach around USD 15.2 billion, reflecting a CAGR of 6.0% over the period from 2024 to 2033.
Compressed Natural Gas (CNG) Truck Market Overview
The CNG truck market-especially in heavy duty applications-is experiencing steady growth, underpinned by increasing environmental regulations and the push towards cleaner transportation. Heavy duty CNG trucks are gaining traction due…

Artificial Intelligence (AI) in Precision Medicine Market Rising Demand and Grow …
In 2023, the global AI in Precision Medicine market was approximately USD 1.73 billion, and by 2033 it is projected to reach around USD 37.01 billion, reflecting a compound annual growth rate (CAGR) of 35.84% from 2024 to 2033.
Artificial Intelligence (AI) in Precision Medicine Market Overview
The AI in Precision Medicine market is experiencing explosive growth, driven by breakthroughs in deep learning, natural language processing, and context aware computing that enable…

Artificial Intelligence (AI) in Medical Writing Market : A Guide to Understandin …
In 2023, the global AI in Medical Writing market was approximately USD 799.2 million, and by 2033 it is expected to reach about USD 2,598.7 million, representing a CAGR of 12.8% from 2024 to 2033.
Artificial Intelligence (AI) in Medical Writing Market Overview
The AI in Medical Writing market is witnessing strong growth,
driven by the need to streamline and enhance the accuracy of critical documents such as clinical study reports, regulatory…

Artificial Intelligence (AI) in Diagnostics Market Comprehensive Research Study, …
In 2023, the global AI in Diagnostics market was approximately USD 1.61 billion, and by 2033 it is anticipated to reach around USD 8.54 billion, reflecting a compound annual growth rate (CAGR) of 20.37% from 2024 to 2033.
Artificial Intelligence (AI) in Diagnostics Market Overview
The AI in Diagnostics market has entered a period of rapid expansion, fueled by breakthroughs in machine learning, deep learning, and natural language processing that enable faster,…
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…