According to a market report by Lucintel, the future of the chip on board (COB) light emitting diode market looks promising with opportunities in the illumination, backlighting, automotive, and high brightness lighting industries. The chip on board (COB) light emitting diode market is expected to grow with a CAGR of 30% from 2019 to 2024. The major drivers for this market are stringent regulation towards energy efficiency and increasing demand for low power, cost-effective, and high intensity lighting solutions.
In this market, new and retrofit are the major installation types. Indoor and Outdoor are major application of this market.
Within the chip on board (COB) light emitting diode market, illumination, backlighting, automotive, high brightness lighting and others are the major end use industries. Illumination segment is the largest end use market segment for chip on board (COB) light emitting diode.
Asia-Pacific market will remain the largest market over the forecast period due to increasing government initiatives of choosing chip on board light emitting diode over traditional technologies, and large number of market participants.
Osram,Citizen Electronics, Cree Inc, Seoul Semiconductor, Everlight Electronics, Tridonic, Ge Lighting, Lextar are among the major manufacturers of Chip on Board (COB) Light Emitting Diode .
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the chip on board (COB) light emitting diode market by end use industry, application, installation type, and region. Lucintel has prepared a comprehensive research report entitled "Chip on Board (COB) Light Emitting Diode Market 2019-2024: Trends, Forecast, and Opportunity Analysis." This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the chip on board (COB) light emitting diode market by end use industry, application, installation type, and region as follows:

By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Illumination
o Residential
o Office space
o Industrial
o Outdoor lighting
o Others
• Automotive
o Interior
o Exterior
o Headlamp
o Sidelight
o DRLs
o Others
• Backlighting
o LED television
o Monitor
o Handhelds
o Screen display lighting
• High brightness lighting
• Others
By Application [$M shipment analysis for 2013 – 2024]:
• Indoor
• Outdoor
By LED Installation Type [$M shipment analysis for 2013 – 2024]:
• New
• Retrofit
By Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– UK
– Germany
– Italy

• Asia Pacific
– China
– Japan
– India
• Rest of the World

A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the chip on board (cob) light emitting diode market by end use industry (illumination, backlighting, automotive, high brightness lighting, and others), installation type (new and retrofit), application (indoor and outdoor), and region (North America, Europe, APAC, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the chip on board (COB) light emitting diode market?
Q.5 What are the business risks and threats to the chip on board (COB) light emitting diode market?
Q.6 What are emerging trends in this chip on board (COB) light emitting diode market and the reasons behind them?
Q.7 What are of the changing demands of customers in the chip on board (COB) light emitting diode market?
Q.8 What are the new developments in the chip on board (COB) light emitting diode market? Which companies are leading these developments?
Q.9 Who are the major players in this chip on board (COB) light emitting diode market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this chip on board (COB) light emitting diode area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this chip on board (COB) light emitting diode market?