Chip-on-Board (COB) LED Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028

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Chip-on-Board (COB) LED Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028

Status : December, 2019 | Technology & Media | PPT format

Report Digest

Global Chip-on-Board (COB) LED Market: Overview

Relatively new technology of the LED market, chip-on-board (COB) LEDs proposes advantages than the standard options. COB LEDs are the multiple LED chips, which are bonded directly to a substrate by the manufacturer to form a single module. Since the each LEDs used in a COB are chips and are not packaged, the chips can be used such which consumes less space and the highest potential of the LED chips can be obtained.

The chip-on-board (cob) led market report is wished-for helping the readers for discovering the prevailing trends and estimate future opportunities for extensive growth. It includes fresh data for tracing growth opportunities and key threats. It includes the information on competitive threat in an important part of the Chip-on-Board (COB) LED market report. The reports also investigate the revenue share, status, growth rate, market drivers, opportunities, future trends, and challenges.

Global Chip-on-Board (COB) LED Market: Key Trends

  • Keen LEDs are picking up traction as they empower clients to control its exchanging mode, brilliance, and shading through versatile applications. Additionally, there is likewise an expansion sought after for LED lighting solutions on account of the developing interests in the improvement of savvy urban areas and the adoption of vitality proficient lighting frameworks in open workplaces, road lights, and private structures.
  • To accomplish a scaled down structure and high light force from these savvy lighting applications, merchants are concentrating on the adoption of COB LEDs. The developing adoption of COB LED in savvy lighting will be one of the basic reasons that will drive chip-on-board LED market development in the coming years. 
  • Additionally, the adoption of COB LEDs in cultivation will likewise contribute to COB LED market development. Agriculture includes the cultivation of organic products, vegetables, restorative plants, and elaborate trees under CFL, LED, and high-weight sodium lighting. In view of their structuring and specialized favorable circumstances, COB LEDs are for the most part favored over other LED options.
  • Besides, the incorporation of a substantial number of LEDs that give uniform lighting and the minimized size that makes them appropriate in indoor agriculture likewise drive the adoption of COB LEDs in cultivation. The adoption of COB LEDs in agriculture will be one of the key patterns that will drive chip-on-board LED market.

Global Chip-on-Board (COB) LED Market: Novel Development

Key players in the Chip-on-Board (COB) LED market are trying to offer advanced Chip-on-Board (COB) LED products. These products give perfect decorations and finishing touch to the cakes and confectionaries. Growing use of these products is expected to drive growth of the chocolate inclusion & decorations market. Additionally, these products enhance the taste of these products and thus have been used in bakery, dairy, confectionaries, and other sectors.

Global Chip-on-Board (COB) LED Market: Regional Outlook

Regionally, the Chip-on-Board (COB) LED  market could be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Of these, North America and Europe are expected to be dominant regions in terms of revenue, demand, and consumption over the forecast period. However, the developing countries in the Asia Pacific region are expected to lucrative growth opportunities for the Chip-on-Board (COB) LED  market. Growing trend of these products in the developing regions of the Asia Pacific is boosting the Chip-on-Board (COB) LED  market.

Some of the most prominent competitors operating in the competitive landscape of chip-on-board (COB) LED market include –

  • Lumileds Holding B.V.
  • Cree, Inc.
  • OSRAM GmbH

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.

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