Chip-on-Board LED Market in APAC Forecast to Grow at CAGR of 34.79% Between 2016-2020: has recently announced the addition of a market study “Chip-on-Board LED Market in APAC 2016-2020”, is a comparative analysis of the global market.


Albany, NY -- (SBWIRE) -- 08/08/2016 -- About Chip-On-Board (COB) LED

Although the traditional surface-mounted device (SMD) LED light sources were energy efficient, they had disadvantages such as the lesser spread of lighting, glare effects, higher heat generation, and low lifespan. COB LEDs are advanced LED lighting sources in which many LEDs are packaged in a single module. These LEDs are manufactured using techniques such as wire bonding, die attachment, and encapsulation. Furthermore, COB LEDs do not require a designated circuit for proper functioning, which makes it easier to install them.

Technavios analysts forecast the chip-on-board (COB) LED market in Asia-pacific (APAC) to grow at a CAGR of 34.79% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the chip-on-board (COB) LED market in Asia-pacific (APAC) for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of COB LEDs and its application.

The market is divided into the following segments based on application:

Automotive lighting
General lighting

Technavio's report, Chip-On-Board (COB) LED Market in Asia-Pacific (APAC) 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Lumileds Holding B.V.
Seoul Semiconductor

Other prominent vendors
Everlight Electronics
LG Innotek

Market driver
Growing application of COB LEDs across industries
For a full, detailed list, view our report

Market challenge
Technical limitations of COB LEDs
For a full, detailed list, view our report

Market trend
Growing demand for COB LEDs in general lighting segment
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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