The global chip on board (COB) light emitting diode market is projected to grow at a CAGR of 30% during 2019 to 2024. The growth of chip on board (COB) light emitting diode market is driven by advanced features such as low power consumption, cost-effective lighting, and high intensity output and stringent regulation towards energy efficiency.
Some of the Key Questions answered in
this exclusive report are:
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), application (indoor and
outdoor), LED installation type (new and retrofit), and region (North America,
Europe, APAC, and ROW)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the chip on board (COB) light emitting diode
market?
Q.4 What are some
changing demands of customers in the chip on board (COB) light emitting diode
market?
Q.5 What are the new
developments in the chip on board (COB) light emitting diode market? Which
companies are leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 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
product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this chip on board (COB) light
emitting diode market?
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Market Segmentation:
Based on end use
industry, the chip on board (COB) light emitting diode market is segmented into
illumination, backlighting, automotive, high brightness lighting, and others.
The illumination segment accounted for the largest share of the market in 2020
and is expected to register the highest CAGR during the forecast period.
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.
Key Players in the chip on
board (COB) light emitting diode market are Osram,Citizen Electronics, Cree
Inc, Seoul Semiconductor, Everlight Electronics, Tridonic, Ge Lighting, Lextar.
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https://www.lucintel.com/chip-on-board-light-emitting-diode-market.aspx
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/chip-on-board-light-emitting-diode-market.aspx
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.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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