COB LED 모듈 시장 : 시장 점유율 분석, 산업 동향 및 통계 데이터, 성장 예측(2026-2031년)

According to Mordor Intelligence, the cOB lED module market size is projected to be USD 1.62 billion in 2025, USD 1.85 billion in 2026, and reach USD 4.02 billion by 2031, growing at a CAGR of 16.79% from 2026 to 2031.

This report is Segmented by Power Range (Low Power COB Modules, Mid Power COB Modules, and More), Application (General Lighting, Automotive Lighting, Industrial Lighting, Architectural and Outdoor Lighting, and More), and Geography (North America, South America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global COB LED Module Market Trends and Insights

Stringent Energy-Efficiency Regulations Worldwide

Regulatory tightening in the EU under Ecodesign Regulation 2019/2020 and parallel rules in the United States pushes suppliers to raise module efficacy, extend lumen maintenance, and curb flicker. COB products classified as light sources must secure EPREL registration before entering European channels, a requirement that adds compliance costs but also limits the entry of smaller, unaccredited fabricators. From December 2026, the Ecodesign for Sustainable Products Regulation adds circularity mandates that reward socketable, serviceable designs aligned with Zhaga Book 12 holders. The burden of third-party testing, IEC 62031 conformity, and photobiological safety accelerates consolidation among manufacturers with accredited labs capable of issuing declarations of conformity.

Rapid Decline in USD/Lumen for Mid-Power Modules

Between 2022 and 2025, prices for mid-power COB LED modules dropped significantly. This price drop was largely driven by Chinese suppliers, who capitalized on their domestic MOCVD capacity. However, this deflationary trend led to a significant halving of packaging houses' gross margins. By early 2026, in response to surging precious-metal prices, over 50 companies spanning the value chain implemented price increases to recoup lost margins. This price rebound has shifted the competitive landscape, moving the focus from mere pricing to differentiation. Key differentiators now include color stability, high-CRI phosphors, and integrated driver-on-board features, all of which justify elevated average selling prices. Suppliers from the West and Japan, armed with proprietary phosphor mixes, stand to gain the most from this evolving landscape, as their offerings emphasize value beyond just raw lumens.

Price Erosion from Chinese Low-Cost Capacity

Chinese chipmakers and packagers are ramping up capacity, outpacing domestic demand growth. This imbalance has led to a consistent supply surplus, pushing mid-power average selling prices (ASPs) downward. Mainstream Chip-on-Board (COB) prices declined significantly, prompting some marginal producers in Taiwan and Southeast Asia to either shut down production lines or pivot to niche applications. The average gross margin for publicly listed Chinese LED companies dipped, prompting the first wave of coordinated price increase notifications. While efforts to restore value are underway, the market for commodity luminaires in the Middle East and Africa remains price-sensitive. As a result, many foreign brands find themselves relegated to premium sub-segments, where differentiation is more pronounced.

Other drivers and restraints analyzed in the detailed report include:

1. OEM Shift Toward Integrated Headlamp Architectures in EVs
2. Mass Adoption of Smart, Connected Lighting Ecosystems
3. High Thermal-Management Cost for Less Than 50 W Modules

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

High-power modules above 50 W are on track to expand at 17.73% CAGR during 2026-2031, outstripping the broader COB LED module market. Single-source packages delivering more than 5,000 lm streamline optics and wiring in stadium floodlights, industrial high bays, and outdoor area fixtures. Bridgelux's Generation 2 F90 family illustrates the trend, offering 8,000 lm from a 40 W emitter while preserving Δu'v' color shift below 0.004 across a 60 °C temperature swing. Meanwhile, the COB LED module market for mid-power products remains large, accounting for 41.47% of the market in 2025 across commercial downlights and architectural accents. Low-power modules under 10 W cluster into display backlighting, cove lighting, and decorative strips, but face rising pressure from chip-scale packages that achieve equivalent flux in slimmer footprints.

The purchasing calculus diverges along this power axis. Buyers of high-power emitters prize lifetime and thermal headroom, tolerating premium ceramic substrates and copper coins to avoid premature lumen depreciation. Utilities and stadium owners view the higher acquisition cost as justified by reduced fixture counts and minimal maintenance over 50,000 h duty cycles. Conversely, the mid-power tier competes on dollars per lumen, with Chinese suppliers undercutting global brands by 10-25%. Here, Western and Japanese incumbents defend territory by offering better phosphor blends that lock in color point and qualify for DLC Premium rebates, especially in CRI 90 hospitality spaces.

Geography Analysis

Asia-Pacific accounted for 66.73% of global revenue in 2025 and will remain the epicenter of the COB LED module market through 2031, with a forecast 17.95% CAGR. China dominates with end-to-end LED clusters in Guangdong and Jiangsu, plus state incentives that defray capex for chip fabs and packaging lines. Mini-LED backlight adoption in televisions, notebooks, and monitors keeps domestic demand robust, while export aggressiveness fuels commodity supply across Southeast Asia. Japan and South Korea pursue smaller but lucrative niches in automotive, display, and medical equipment, leveraging ceramics, AlGaN epitaxy, and rigorous reliability tests to fetch premiums.

North America and Europe together accounted for roughly one-quarter of revenue in 2025. Retrofit programs driven by utility rebates, DLC Premium tiers, and EU Ecodesign rules accelerate replacement of fluorescent troffers and HID floodlights with COB fixtures exceeding 150 lm/W and CRI 90. Stadium renovations connected to the 2026 FIFA World Cup and the 2028 Los Angeles Olympics create headline projects that call for high-power modules capable of delivering flicker-free 8K broadcast levels. Circular-economy policies in Europe prefer socketable, repairable COB modules with digital product passports, rewarding suppliers that align mechanical footprints with Zhaga Book 12.

South America, the Middle East, and Africa are smaller but growing markets for COB LED modules. Brazil and Mexico deploy industrial LED high bays in food processing and logistics parks, while the Gulf Cooperation Council members invest in smart-city corridors that demand IP69K-rated COB floodlights to withstand sand and saline fog. Africa shows early traction for off-grid solar lanterns that integrate low-power COB engines for extended battery life, though price sensitivity limits the adoption of higher-tier products.

1. ams OSRAM AG
2. Samsung Electronics Co., Ltd.
3. Nichia Corporation
4. Lumileds Holding B.V.
5. Seoul Semiconductor Co., Ltd.
6. Citizen Electronics Co., Ltd.
7. Bridgelux, Inc.
8. Everlight Electronics Co., Ltd.
9. LG Innotek Co., Ltd.
10. Epistar Corporation
11. Lextar Electronics Corp.
12. Toyoda Gosei Co., Ltd.
13. Luminus Devices, Inc.
14. ProPhotonix Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Stringent Energy-Efficiency Regulations Worldwide
  • 4.2.2 Rapid Decline in USD/Lumen for Mid-Power Modules
  • 4.2.3 Mass Adoption of Smart, Connected Lighting Ecosystems
  • 4.2.4 OEM Shift Toward Integrated Headlamp Architectures in EVs
  • 4.2.5 Mini-LED Backlighting Boom in Premium Displays
  • 4.2.6 Urban Stadium and Arena Renovations Demanding High-Power COB
• 4.3 Market Restraints
  • 4.3.1 Price Erosion from Chinese Low-Cost Capacity
  • 4.3.2 High Thermal-Management Cost for Less Than 50 W Modules
  • 4.3.3 Competition from Chip-Scale and Flip-Chip Packages
  • 4.3.4 Supply-Chain Volatility in Phosphor and Substrate Materials
• 4.4 Industry Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Impact of Macroeconomic Factors on the Market
• 4.8 Porter's Five Forces Analysis
  • 4.8.1 Bargaining Power of Suppliers
  • 4.8.2 Bargaining Power of Buyers
  • 4.8.3 Threat of New Entrants
  • 4.8.4 Threat of Substitutes
  • 4.8.5 Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Power Range
  • 5.1.1 Low Power COB Modules (Greater Than or Equal To 10 W)
  • 5.1.2 Mid Power COB Modules (Less Than 10 W - Greater Than or Equal To 50 W)
  • 5.1.3 High Power COB Modules (Less Than 50 W)
• 5.2 By Application
  • 5.2.1 General Lighting
  • 5.2.2 Automotive Lighting
  • 5.2.3 Industrial Lighting
  • 5.2.4 Architectural and Outdoor Lighting
  • 5.2.5 Other Applications (Horticulture, UV, Specialty)
• 5.3 By Geography
  • 5.3.1 North America
  • 5.3.2 Europe
  • 5.3.3 Asia-Pacific
  • 5.3.4 Middle East and Africa
  • 5.3.5 South America

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 ams OSRAM AG
  • 6.4.2 Samsung Electronics Co., Ltd.
  • 6.4.3 Nichia Corporation
  • 6.4.4 Lumileds Holding B.V.
  • 6.4.5 Seoul Semiconductor Co., Ltd.
  • 6.4.6 Citizen Electronics Co., Ltd.
  • 6.4.7 Bridgelux, Inc.
  • 6.4.8 Everlight Electronics Co., Ltd.
  • 6.4.9 LG Innotek Co., Ltd.
  • 6.4.10 Epistar Corporation
  • 6.4.11 Lextar Electronics Corp.
  • 6.4.12 Toyoda Gosei Co., Ltd.
  • 6.4.13 Luminus Devices, Inc.
  • 6.4.14 ProPhotonix Ltd.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment