Chip On Board (COB) LED Market Top Impacting Factors That Could Escalate Rapid Growth During 2023-2032
Research Reports
Oct 11, 2023
Chip On Board (COB) LED Market Insights:
The chip on board LED market is expected to garner significant traction. The growing demand for energy-efficient lighting solutions would drive the market growth. Market Research Future (MRFR) expects that by 2032, the global chip on board LED market will grow to USD 8.4 BN from USD 1.9 BN in 2022, with an 18.10% CAGR throughout the review period (2023-2032).
The use of COB LEDs in lighting applications is growing rapidly. Chip on board (COB) LEDs demonstrate a wide range of application possibilities. These devices could be used for higher-output general lighting. However, the primary COB LED application is solid-state lighting (SSL) replacements for metal-halide lamps used in street, high-bay, and high-output track lights & down lights.
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.
Check Discount @ https://www.marketresearchfuture.com/check-discount/7030
Sep. 26, 2023 — Dahua launched a new flip chip on board LED display, the CH II. The new display surface luminescence provides softer, pixel-free illumination, helping to counter digital visual fatigue. Incorporating Dahua’s flip chip on board (COB) technology for LED displays, CH II ensures uniform color from all viewing angles, perfects ink color parameters, and addresses & eliminates the industry challenge of ink color discrepancies.
Read More Article-
Display Controller Market Research Report — Forecast till 2030
Educational Robots Market Research Report — Forecast till 2032
4D Printing Market Research Report – Global Forecast till 2030
Smart Workplace Market Research Report – Global Forecast till 2030
Automated Storage And Retrieval System Market Research Report – Forecast to 2030
About Market Research Future:
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 Information:
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
Tags:
Research Newswire, English