Global Chip On Board Light Emitting Diodes (COB LEDs) Market Analysis –Trends, Insights and Forecasts (2023-2030)

  • Publish Date
    August 10, 2023
  • No of Pages
    358
  • SKU Code
    GIR 8039
  • Format

Report Overview

  • Understand the latest market trends and future growth opportunities for the Chip-On-Board Light Emitting Diodes (COB LEDs) industry globally with research from the Global Industry Reports team of in-country analysts – experts by industry and geographic specialization.
  • Key trends are clearly and succinctly summarized alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight, and confident growth projections.
  • The report will cover the overall analysis and insights in relation to the size and growth rate of the “Chip-On-Board Light Emitting Diodes (COB LEDs) Market” by various segments at a global and regional level for the 2010-2030 period, with 2010-2021 as historical data, 2022 as a base year, 2023 as an estimated year and 2023-2030 as forecast period.

Description:

  • In the changed post COVID-19 business landscape, the global market for Chip-On-Board Light Emitting Diodes (COB LEDs) estimated at US$3 Billion in the year 2022, is projected to reach a revised size of US$6.4 Billion by 2030, growing at a CAGR of 10% over the analysis period 2022-2030.
  • Outdoor Lighting, one of the segments analyzed in the report, is projected to record a 10.5% CAGR and reach US$1.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Residential segment is readjusted to a revised 11.3% CAGR for the next 8-year period.
  • The Chip-On-Board Light Emitting Diodes (COB LEDs) market in the U.S. is estimated at US$811.3 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 14% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 8.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$933.2 Million by the year 2030.

COB LED Market

MARKET DATA INCLUDED

  • Unit SalesAverage Selling PricesMarket Size & Growth Trends
  • COVID-19 Impact and Global Recession Analysis
  • Analysis of US inflation reduction act 2022
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Market Drivers & Limiters
  • Market Forecasts Until 2030, and Historical Data to 2015
  • Recent Mergers & Acquisitions
  • Company Profiles and Product Portfolios
  • Leading Competitors

The Chip-On-Board Light Emitting Diodes (COB LEDs) Market Report Includes:

  • The report provides a deep dive into details of the industry including definitions, classifications, and industry chain structure.
  • Analysis of key supply-side and demand trends.
  • Detailed segmentation of international and local products.
  • Historic volume and value sizes, company, and brand market shares.
  • Five-year forecasts of market trends and market growth.
  • Robust and transparent research methodology conducted in-country.
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
  • Provision of market value (USD Billion) data for each segment and sub-segment.
  • Analysis by geography, region, Country, and its states.
  • A brief overview of the commercial potential of products, technologies, and applications.
  • Company profiles of leading market participants dealing in products category.
  • Description of properties and manufacturing processes.
  • marketed segments on the basis of type, application, end users, region, and others.
  • Discussion of the current state, setbacks, innovations, and future needs of the market.
  • Examination of the market by application and by product sizes; utility-scale, medium scale and small-scale.
  • Country-specific data and analysis for the United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Turkey, Qatar, Sweden, Spain, Belgium, Netherlands, Norway, Singapore, Egypt, Denmark, Austria, Vietnam, Brazil, Argentina, Mexico, South Africa, and others.
  • Coverage of historical overview, key industrial development and regulatory framework.
  • Analysis of competitive developments, such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the market.
  • A look at the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders.

Chip-On-Board Light Emitting Diodes (COB LEDs) Reports Scope and Segments:

Report Attribute Details
Market size in 2022 US$3 Billion
Market size forecast in 2030 US$6.4 Billion
Growth Rate CAGR of 10% from 2022 to 2030
Base year for estimation 2022
Historical data 2015 – 2022
Forecast period 2023 – 2030
Quantitative units Revenue in USD million and CAGR from 2023 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, trends, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios

Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.

Segments covered  Technology, Type, Product, Power, Application and Region
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East and Africa and rest of the world
Country scope United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Turkey, Qatar, Sweden, Spain, Belgium, Netherlands, Norway, Singapore, Egypt, Denmark, Austria, Vietnam, Brazil, Argentina, Mexico, South Africa, and others.
Key companies profiled Acuity Brands Lighting Inc.; AMS AG; AOTO Electronics Co., Ltd.; Boston Electronics Corp.; Bridgelux Inc.; Citizen Electronics Co. Ltd.; Cooper Lighting; Cree Inc.; Crompton; Edison Opto Corporation; Everlight Electronics Co. Ltd.; Excelitas Technologies Corp.; GE Lighting; Genesis Photonics Inc.; Havells; Hongli Zhihui Group Co Ltd; Jaquar; Kingbrite Electronics Co., Ltd.; LEDVANCE GmbH; Leiso Lighting (Dongguan) Tech. Limited; Lextar Electronics Corp.; LG Innotek Co. Ltd.; Lumens Co. Ltd.; Lumileds Holding B.V.; Luminus Inc.; MLS Co., Ltd.; Moonleds; Mouser Electronics Inc.; NationStar Optoelectronics Co., Ltd.; Neumuller Elektronik GmbH; Nichia Corp.; OSRAM GmbH; PerkinElmer Inc.; Philipps; Power Integrations, Inc.; Power Palazzo Pvt Ltd.; Rayvio Corporation; Samsung Electronics Co. Ltd.; Seoul Semiconductor Co. Ltd.; Sharp Electronics; Shenzhen Getian Opto-Electronics Co., Ltd.; Silicon Lightworks LLC; SMART Global Holdings Inc.; Stanley Electric Co., Ltd.; Tridonic GmbH & Co KG; Unistars Corporation; Yujileds (China) Co., Ltd.; Zumtobel Group AG and others
Customization scope Free report customization (equivalent up to 20 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
Report Format PDF, PPT, Excel & Online User Account

Chip-On-Board Light Emitting Diodes (COB LEDs) Report Segmented by:

By Material:

  • MCPCB
  • Ceramic

By End Use:

  • Illumination
  • Residential
  • Office space
  • Industrial
  • Outdoor lighting
  • Others
  • Automotive
  • Interior
  • Exterior
  • Headlamp
  • Sidelight
  • DRLs
  • Others
  • Backlighting
  • LED television
  • Monitor
  • Handhelds
  • Screen display lighting
  • High brightness lighting
  • Hospitality
  • Architectural
  • Others

 

By Application:

  • Indoor
  • Outdoor

 

By LED Installation Type:

  • Retrofit
  • Others

 

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middel East & Africa
  • Rest of the World

Light Emitting Diodes Market 2023

Top Companies Covered in Chip-On-Board Light Emitting Diodes (COB LEDs) Report: 

Acuity Brands Lighting Inc. Luminus Inc.
AMS AG MLS Co., Ltd.
AOTO Electronics Co., Ltd. Moonleds
Boston Electronics Corp. Mouser Electronics Inc.
Bridgelux Inc. NationStar Optoelectronics Co., Ltd.
Citizen Electronics Co. Ltd. Neumuller Elektronik GmbH
Cooper Lighting Nichia Corp.
Cree Inc. OSRAM GmbH
Crompton PerkinElmer Inc.
Edison Opto Corporation Philipps
Everlight Electronics Co. Ltd. Power Integrations, Inc.
Excelitas Technologies Corp. Power Palazzo Pvt Ltd.
GE Lighting Rayvio Corporation
Genesis Photonics Inc. Samsung Electronics Co. Ltd.
Havells Seoul Semiconductor Co. Ltd.
Hongli Zhihui Group Co Ltd Sharp Electronics
Jaquar Shenzhen Getian Opto-Electronics Co., Ltd.
Kingbrite Electronics Co., Ltd. Silicon Lightworks LLC
LEDVANCE GmbH SMART Global Holdings Inc.
Leiso Lighting (Dongguan) Tech. Limited Stanley Electric Co., Ltd.
Lextar Electronics Corp. Tridonic GmbH & Co KG
LG Innotek Co. Ltd. Unistars Corporation
Lumens Co. Ltd. Yujileds (China) Co., Ltd.
Lumileds Holding B.V. Zumtobel Group AG

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  • Every updated edition of the report and full data stack will be provided at no extra cost for 24 months.
  • Latest 2022 base year report.
  • Free Updated edition of 2023 every quarter without any hidden cost.
  • No user limitation for the report. Unlimited access within the organization.
  • Unrestricted post-sales support at no additional cost
  • Free report customization (equivalent up to 10 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
  • Global Industry Reports will support your post-purchase for a period of 24 months to answer any of your queries related to the following market and to provide you any more data needed, for your analysis.
  • Option to purchase regional or selected Chapters from the report.

Key Questions Answered in Chip-On-Board Light Emitting Diodes (COB LEDs) Report:

  • How will the chip-on-board light emitting diodes (COB LEDs) market evolve?
  • Who are the key players in chip-on-board light emitting diodes (COB LEDs) market? What are their strategies?
  • What is the competitive landscape?
  • What are the needs, challenges, and solutions in chip-on-board light emitting diodes (COB LEDs) market?
  • What’s the value chain for chip-on-board light emitting diodes (COB LEDs)?
  • What’s the forecast for chip-on-board light emitting diodes (COB LEDs) market adoption in the next decade?
  • What are the drivers for adoption of chip-on-board light emitting diodes (COB LEDs)?
  • What’s the right price? The right timing?
  • Executive Summary
  • Research Methodology
    • Primary Research
    • Secondary Research
    • Market Analytics
    • Revenue Forecasting
  • Market Overview
    • Market Definition
    • Scope of the Study
      • Research Objectives
      • Assumptions & Limitations
      • Market Structure
    • Market Dynamics
      • Introduction
      • Microeconomic Factor Analysis
      • Market Evolution
      • Technology Roadmap
      • Demand-Supply Dynamics
      • Growth Drivers
      • Restraints
      • Opportunities
      • Challenges
      • Sustainable Strategies
    • Market Trend Analysis (Product Analysis, Technology Analysis, Application Analysis)
    • Industry Analysis
      • Profitability analysis
      • Supply Chain & Value Chain Analysis
      • Porter’s Five Forces Analysis
        • Bargaining power of Suppliers
        • Bargaining Power of Buyers
        • Threat of substitutes
        • Threat of new entrants
        • Degree of Competition
      • PEST Analysis
      • Upstream and downstream profitability analysis and opportunities

Global Market Scope

  1. Market analysis by product category
  2. Market analysis by component / type
  3. Market analysis by technology
  4. Market analysis by application
  5. Market analysis by industry vertical
  6. Market analysis by end-use
  7. Market analysis by emerging technologies, trends and applications
  8. Market analysis by region
    • North America
      • US
      • Canada
      • Mexico
      • Others
    • South America
      • Brazil
      • Argentina
      • Chile
      • Colombia
      • Peru
      • Venezuela
      • Ecuador
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Russia
      • Italy
      • Spain
      • Sweden
      • Netherlands
      • Poland
      • Austria
      • Belgium
      • Finland
      • Norway
      • Switzerland
      • Denmark
      • Czech Republic
      • Portugal
      • Others
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • Taiwan
      • India
      • Australia
      • Indonesia
      • Philippines
      • Malaysia
      • Others
    • Middle East
      • Iran
      • Turkey
      • Kuwait
      • UAE
      • Israel
      • Oman
      • Bahrain
      • Saudi Arabia
      • Qatar
      • Egypt
      • Others
    • Africa
      • Algeria
      • Libya
      • South Africa
      • Sudan
      • Zimbabwe
      • Others
  1. Competitive Landscape
    • Introduction
    • Market share analysis by key market players (North America, South America, Europe, APAC, Africa)
    • Market Strategy
    • Mergers and Acquisitions
    • New Product Launches
    • Asset Transactions
    • Financial Announcements
  2. Company Profile (key market players)
    • Company profile 1
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 2
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 3
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 4
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 5
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 6
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 7
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 8
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 9
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 10
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
  1. Other Companies

150+

Methodology

Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Global Industry Reports

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.