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Global Chip on Board LED Market 2016-2020

About COB LED

COB is a bare chip technology for LED lighting. A COB LED lighting module is made by placing multiple LED chips in a small area. It is a comparatively new technology for LED packaging. This technology involves multiple LED chips, mounted directly on the substrate to produce an LED array, further packed together in one lighting module. COB LEDs help reduce costs by eliminating the complicated solder reflow assembly process.

Technavio’s analysts forecast the global COB LED market to grow at a CAGR of 35.51% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global COB LED market for the period 2016-2020. To calculate the market size, the report considers revenue generated from applications of COB LED during the packaging process of LEDs.

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

  • General lighting
  • Automotive lighting
  • Backlighting
Technavio's report, Global COB LED Market 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.

Key vendors
  • Citizen Electronics
  • Cree
  • Nichia
  • OSRAM Opto Semiconductors
  • Philips Lumileds Lighting
  • Samsung Electronics
  • Seoul Semiconductor
Other prominent vendors
  • Everlight Electronics
  • LG Innotek
  • Lumens
Market driver
  • Decline in price of LEDs
  • For a full, detailed list, view our report
Market challenge
  • Fluctuations in global economic conditions
  • For a full, detailed list, view our report
Market trend
  • Development of LED filament lamps
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Global COB LED Market 2016-2020

Technavio recognizes the following companies as the key players in the Global COB LED Market: Citizen Electronics, Cree, Nichia, OSRAM Opto Semiconductors, Philips Lumileds Lighting, Samsung Electronics and Seoul Semiconductor.

Other Prominent Vendors in the market are: Everlight Electronics, LG Innotek and Lumens.

Commenting on the report, an analyst from Technavio’s team said: “The increase in demand for smartphones will create demand for more LEDs to be used in the backlighting unit (BLU) of FPDs, positively impacting the demand for COB LEDs. The development of LED filament lamps and the development of smart lighting will boost the demand for LED lighting.”

According to the report, the declining average selling price (ASP) of LEDs has been a major driving factor of the demand for COB LEDs in the global lighting industry. Economies of scale and the transition in the wafer size used to make LED chips are some of the reasons for this. The small size of LED chips achieved by COB technology supports miniaturization of the devices and provides high efficiency.

Further, the report states that the fluctuating global economy of influential countries such as China, Russia, and Brazil is posing a challenge to global COB LED manufacturers, as it impacts the international trade of LED components and products across borders.

Companies Mentioned

Citizen Electronics, Cree, Nichia, OSRAM Opto Semiconductors, Philips Lumileds Lighting, Samsung Electronics, Seoul Semiconductor, Everlight Electronics, LG Innotek, Lumens.

  • Executive summary
    • Highlights
  • Scope of the report
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
      • Table Global disposable income forecast 2015-2020
      • Table Increasing urbanization rates
  • Introduction
    • Key market highlights
  • Industry overview
    • Table LED lighting industry
    • Table Applications of general lighting
    • Table Applications of automotive lighting
    • Table Applications of backlighting
  • Technology landscape
    • Evolution of lighting industry
      • Table Evolution of lighting industry
    • Comparison between LEDs, incandescent light bulbs, and CFLs
      • Table Comparison between LEDs, incandescent light bulbs, and CFLs on the basis of lumens
      • Table Comparison between LEDs, incandescent light bulbs, and CFLs on the basis of efficiency and cost
    • COB LED manufacturing process flow
      • Table COB LED manufacturing process flow
    • Advantages of COB LED technology
      • Table Advantages of COB LED
  • Market landscape
    • Market overview
      • Table Prominent LED manufacturers
    • Market size and forecast
      • Table Global COB LED market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Global COB LED market 2015 by application (% share)
    • Market size and forecast
      • Table Global COB LED market 2015-2020 by application ($ billions)
      • Table Global general lighting COB LED market 2015-2020 (% share)
      • Table Global automotive lighting COB LED market 2015-2020 (% share)
      • Table Global backlighting COB LED market 2015-2020 (% share)
  • Geographical segmentation
    • Market overview
      • Table Global COB LED market 2015 by geography
    • Market size and forecast
      • Table Global COB LED market 2015-2020 (% share)
      • Table Global COB LED market 2015-2020 ($ billions)
      • Table Automobile production by country 2015 Q2 (% share)
  • Market drivers
    • Table Evolution of wafers in terms of size
    • Table Comparison between COB LED and different surface mount technologies
    • Table Complete ban of incandescent lamp in different countries: Timeline
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Comparison of YoY change in inflation rate and currency value of major countries
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
      • Table Classification of mergers in the global LED lighting industry (First half of 2015)
    • Other prominent vendors
  • Key recommendations for vendors and investors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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