Global Chip on Board COB Light Emitting Diode
Market Report
2025
The global chip-on-board COB Light-Emitting Diode market will be USD 3.4 billion in 2024. It will show the strongest growth, with a compound annual growth rate (CAGR) of 38.5% from 2024 to 2031. This growth can be attributed to the increase in modern lighting products.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Chip on Board COB Light Emitting Diode Market Report 2025.
According to Cognitive Market Research, the global chip-on-board COB Light-Emitting Diode market will be USD 3.4 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 38.5% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Chip on Board COB Light Emitting Diode Market Sales Revenue | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Application |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Chip on Board COB Light Emitting Diode industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Chip on Board COB Light Emitting Diode Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The COB LED market encompasses Chip-on-Board Light light-emitting diodes (COB LEDs), a type of LED technology where multiple LED chips are directly mounted onto a substrate to create a unified module or "chip." This technology offers several advantages over traditional LED packages, such as higher light density, improved thermal management, and simplified manufacturing processes. The rising demand for high-quality lighting in both commercial and residential sectors has been a significant driving force behind the growth of the COB LED market. This demand is fueled by various factors, including the need for energy-efficient lighting solutions, increasing focus on environmental sustainability, advancements in LED technology, and evolving consumer preferences for superior lighting experiences.
We have various report editions of Chip on Board COB Light Emitting Diode Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In 2025, global trade has entered a period of renewed volatility as the U.S., under President Donald Trump, introduced sweeping tariffs known as the Liberation Day Tariffs. Aimed at addressing trade imbalances and foreign supply chain dominance, the tariffs range from 10% on allies like Australia and the UK to 46% on Vietnamese goods and 34% on Chinese imports. A 25% universal tariff on steel, aluminum, and auto parts has further strained global trade ties. The electronics sector is among the hardest hit, particularly due to the escalating U.S.China trade war. Tariffs on Chinese goods now reach up to 145% in sectors like semiconductors and consumer electronics, while China has retaliated with up to 125% duties and restrictions on critical mineral exports. This has disrupted just-in-time supply chains and increased component costs.
Specific tariffs include 25% on semiconductors, 20% on lithium-ion batteries, and 10–15% on consumer electronics like laptops and tablets, leading to higher retail prices and reduced consumer demand. Sub-sectors such as home automation, computer hardware, communication electronics, medical devices, and industrial electronics are all under pressure due to rising input costs and supply chain delays. Companies are revisiting suppliers, shifting sourcing to countries like India, Mexico, and Vietnam, and redesigning products to avoid high-tariff components.
China remains a key player, contributing USD 119 billion in electronics exports to the U.S. in 2023. Even components routed through countries like Malaysia and Vietnam often rely on Chinese subparts, making the ripple effect of tariffs widespread. U.S. electronics firms operating on thin margins are seeing input costs rise 18–25%, with contract manufacturers in alternative regions facing capacity constraints.
Market research is now critical. It helps companies identify new suppliers, analyze cost trends, optimize product design, forecast demand shifts, and track regulatory changes. Tools like supplier mapping, BOM optimization, and scenario planning support strategic responses to ongoing disruptions. Leading firms like Apple and Dell are expanding production outside China, while others invest in digital supply chain tools and redesign products for cost resilience. In this evolving trade environment, firms that leverage research-driven strategies are better positioned to adapt and thrive.
In January 2024, Samsung Electronics announced its launch of a new lifestyle display light up. It will help Samsung expand its product portfolio. (Source: https://news.samsung.com/uk/samsung-electronics-launches-2024-neo-qled-micro-led-oled-and-lifestyle-displays-to-spark-the-ai-screen-era-and-new-ways-of-life#:~:text=Lifestyle%20line%2Dup%20adds%20the,ahead%20of%20CES%C2%AE%202024.)
Top Companies Market Share in Chip on Board COB Light Emitting Diode Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerged as the dominant region in the Chip on Board COB Light Emitting Diode market due to robust technological advancements, increased adoption in residential and commercial applications, and government initiatives promoting energy efficiency. The region's established infrastructure and strong presence of key market players further bolster its dominance.
Asia Pacific region is emerging as the fastest-growing market. This rapid growth is driven by increasing urbanization, rising disposable incomes, and expanding industrial sectors in countries like China, India, and Japan. Additionally, favorable government policies and substantial investments in smart city projects enhance the demand for COB LEDs in various applications, including automotive, healthcare, and consumer electronics.
The current report Scope analyzes Chip on Board COB Light Emitting Diode Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Chip on Board COB Light Emitting Diode Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Chip on Board COB Light Emitting Diode Industry growth. Chip on Board COB Light Emitting Diode market has been segmented with the help of its Application, , and others. Chip on Board COB Light Emitting Diode market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, backlighting is the dominant category. The backlighting application segment had the highest revenue share. The market for CCOB LED chips is predicted to increase significantly due to their high efficiency and low cost per unit of light compared to traditional lighting systems. These chips have a better resolution, allowing designers to generate more realistic-looking graphics. This trend is expected to continue, propelling the general lighting application segment as well as automotive lighting applications over the projection period.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Chip on Board COB Light Emitting Diode Industry. Request a Free Sample PDF!
Market segmentation based on explains not only the historical market size/share data of but also the forecasted revenue growth. This will also help to analyze the demand for Chip on Board COB Light Emitting Diode across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key of Chip on Board COB Light Emitting Diode are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Chip on Board COB Light Emitting Diode Market is witnessing significant growth in the near future.
In 2023, the Illumination segment accounted for noticeable share of global Chip on Board COB Light Emitting Diode Market and is projected to experience significant growth in the near future.
The segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies OSRAM GmbH , Citizen Electronics Co. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Application | Illumination, Residential, Commercial, Architectural, Hospitality, Outdoor, Industrial, Automotive, Interior Automotive, Exterior Automotive, Backlighting, LED Television, Handhelds, Monitors, Screen Display Lighting, Others |
List of Competitors | OSRAM GmbH, Samsung Electronics Co., Citizen Electronics Co., Everlight Electronics Co. Ltd., Seoul Semiconductor Co., Nichia Corporation, Lumens Co. Ltd., PerkinElmer, Citizen Electronics, Tridonic |
This chapter will help you gain GLOBAL Market Analysis of Chip on Board COB Light Emitting Diode. Further deep in this chapter, you will be able to review Global Chip on Board COB Light Emitting Diode Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Chip on Board COB Light Emitting Diode. Further deep in this chapter, you will be able to review North America Chip on Board COB Light Emitting Diode Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Chip on Board COB Light Emitting Diode. Further deep in this chapter, you will be able to review Europe Chip on Board COB Light Emitting Diode Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Chip on Board COB Light Emitting Diode. Further deep in this chapter, you will be able to review Asia Pacific Chip on Board COB Light Emitting Diode Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Chip on Board COB Light Emitting Diode. Further deep in this chapter, you will be able to review South America Chip on Board COB Light Emitting Diode Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Chip on Board COB Light Emitting Diode. Further deep in this chapter, you will be able to review Middle East Chip on Board COB Light Emitting Diode Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Chip on Board COB Light Emitting Diode. Further deep in this chapter, you will be able to review Middle East Chip on Board COB Light Emitting Diode Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Chip on Board COB Light Emitting Diode. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Application Analysis 2019 -2031, will provide market size split by Application. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Chip on Board COB Light Emitting Diode market
Chapter 11 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 12 Research Methodology and Sources
Why Illumination have a significant impact on Chip on Board COB Light Emitting Diode market? |
What are the key factors affecting the Illumination and Residential of Chip on Board COB Light Emitting Diode Market? |
What is the CAGR/Growth Rate of during the forecast period? |
By type, which segment accounted for largest share of the global Chip on Board COB Light Emitting Diode Market? |
Which region is expected to dominate the global Chip on Board COB Light Emitting Diode Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|