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Chip-on-Board (COB) LED Market 2019-2023 | Growing Adoption Of COB LED in Smart Lighting to Boost Growth | Technavio

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Technavio has been monitoring the chip-on-board (cob) led market and it is poised to grow by USD 1.73 bn during 2019-2023, progressing at a CAGR of almost 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200412005005/en/

Technavio has announced its latest market research report titled Global Chip-on-Board (COB) LED Market 2019-2023 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Chip-on-Board (COB) LED Market 2019-2023 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CITIZEN ELECTRONICS CO., LTD., Cree, Inc., Lumileds Holding B.V., NICHIA CORPORATION, and OSRAM GmbH are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Growing adoption of COB LED in smart lighting has been instrumental in driving the growth of the market.

Chip-on-Board (COB) LED Market 2019-2023 : Segmentation

Chip-on-Board (COB) LED market is segmented as below:

  • Application

    • General Lighting
    • Automotive Lighting
    • Backlighting
  • Geographic Landscape

    • Americas
    • APAC
    • EMEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30882

Chip-on-Board (COB) LED Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our Chip-on-Board (COB) LED market report covers the following areas:

  • Chip-on-Board (COB) LED Market Size
  • Chip-on-Board (COB) LED Market Trends
  • Chip-on-Board (COB) LED Market Industry Analysis

This study identifies adoption of COB LEDs in horticulture as one of the prime reasons driving the Chip-on-Board (COB) LED market growth during the next few years.

Chip-on-Board (COB) LED Market 2019-2023 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Chip-on-Board (COB) LED market, including some of the vendors such as CITIZEN ELECTRONICS CO., LTD., Cree, Inc., Lumileds Holding B.V., NICHIA CORPORATION, and OSRAM GmbH. Backed with competitive intelligence and benchmarking, our research reports on the Chip-on-Board (COB) LED market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Chip-on-Board (COB) LED Market 2019-2023 : Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist Chip-on-Board (COB) LED market growth during the next five years
  • Estimation of the Chip-on-Board (COB) LED market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the Chip-on-Board (COB) LED market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Chip-on-Board (COB) LED market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • General lighting – Market size and forecast 2018-2023
  • Automotive lighting – Market size and forecast 2018-2023
  • Backlighting – Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2018-2023
  • Americas – Market size and forecast 2018-2023
  • EMEA – Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: TRENDS

  • Adoption of COB LEDs in horticulture
  • Development of high-color rendering index (CRI) COB LEDs
  • Growing interest in human-centric lighting

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • CITIZEN ELECTRONICS CO., LTD.
  • Cree, Inc.
  • Lumileds Holding B.V.
  • NICHIA CORPORATION
  • OSRAM GmbH

PART 13: APPENDIX

  • Research methodology
  • List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.