칩 온 보드(COB) LED 시장 : 현황 분석 및 예측(2024-2032년)

The scope for the COB LED market is growing at a striking pace as more extant industries and up-and-coming ventures seek brighter and more efficient lighting solutions in general, automotive, and backlighting categories. COB LEDs highlight high lumen output, excellent thermal systems, smaller sizes, and wide acceptance in energy strategic industries. The market growth is fueled by increased compliance with international standards and legislation on the emission of Greenhouse gases as well as the promotion of green energy standards. Progress in technology makes it easy for smart city infrastructures to apply the use of COB LEDs in various applications.

The Chip On Board LED Market is expected to grow at a robust CAGR of 14.1% during the forecast period, owing to the rising demand for energy-efficient, high-performance lighting solutions across industries like general illumination, automotive, and smart lighting systems. Significant investments and technological improvements are reflected in the recent Chip On Board LED launches by major companies. In April 2023, Sharp NEC Display Solutions Europe is launching the NEC LED FC Series with Chip on Board (COB) technology that impresses with high contrast, excellent durability in public spaces, and superb energy efficiency. Providing excellent durability, the FC Series is robust against external influences, making it suitable for use in indoor public spaces such as transport terminals, museums, and leisure venues, or for corporate applications. The smooth, dustproof surface can be wiped clean and is resistant to water drops.

China, India, and the United States have emerged as the strongest geographic markets that can spearhead growth in the COB LED market owing to effective government policies encouraging energy-efficient systems. In China, smart city and environmental conservation strategies are active in the COB LED market, and in India, subsidies for LED use in both urban and rural societies are promoting market growth. The environmental policies in North America and Europe insist on energy conservation, which boosts COB LEDs into important parts of future city layouts.

Based on Material, the market is categorized into Metal Core Printed Circuit Board and Ceramic. Among these, Metal Core Printed Circuit Board are growing with a significant CAGR. The primary driver behind the Metal Core Printed Circuit Board (MCPCB) segment in the COB LED market is its ability to reduce thermal energy with high-power LED devices. MCPCBs are intended to enable the control of thermal performance well enough so that COB LEDs can operate at higher power levels of output without being subjected to heat levels that would shorten their lifespans and reduce the levels of performance stability. This makes MCPCBs ideal for applications of high-power lighting where xenon lamps are used and this includes; industrial lighting, car lighting, road lighting, etc.

Based on Application, the Chip On Board LED market is divided into Backlighting, Illumination, and Automotive. The Illumination segment registered the highest revenue during the year 2023. The primary force driving the Illumination segment in the COB LED market is the continually increasing demand for energy-efficient lighting products across residential, commercial, and industrial applications. COB LEDs have gained immense popularity in recent years as governments and organizations demand sustainability and lower energy consumption than conventional lighting technologies based on their high lumen output, extremely long life, and enhanced efficiency. These characteristics make the COB LEDs suitable for general illumination applications, in which yield and cost are vital indicators.

For a better understanding of the market adoption of the Chip On Board LED industry, the market is analyzed based on its worldwide presence in countries such as North America (U.S.A., Canada, and Rest of North America), Europe (Germany, United Kingdom, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), Rest of World. APAC is currently leading the market for COB LED due to factors such as industrialization, urbanization, and enhanced government support for improved energy conservation. China, India, Japan, and South Korea constitute prime markets for efficient lighting solutions because of the availability of robust government policies for sustainable infrastructure. The region has a sound manufacturing industry, especially in China which is a primary producer of LED components and technology. The application of smart cities and enhancing lighting solutions in commercial, residential, and industrial sectors boost the COB LEDs growth rate in the APAC market. This region has also had high growth due to high investment in R&D in the new technologies in the lighting goods.

Some of the major players operating in the market include Signify N.V., Citizen Electronics Co. Ltd., SMART Global Holdings, Inc., Seoul Semiconductor Co. Ltd., Bridgelux, Inc., Ams-OSRAM AG, Samsung Electronics Co. Ltd., Everlight Electronics Co. Ltd., LG Innotek Co. Ltd., and Nichia Corporation.

TABLE OF CONTENTS

1.MARKET INTRODUCTION

• 1.1. Market Definitions
• 1.2. Main Objective
• 1.3. Stakeholders
• 1.4. Limitation

2.RESEARCH METHODOLOGY OR ASSUMPTION

• 2.1. Research Process of the Chip On Board LED Market
• 2.2. Research Methodology of the Chip On Board LED Market
• 2.3. Respondent Profile

3.EXECUTIVE SUMMARY

• 3.1. Industry Synopsis
• 3.2. Segmental Outlook
  • 3.2.1. Market Growth Intensity
• 3.3. Regional Outlook

4.MARKET DYNAMICS

• 4.1. Drivers
• 4.2. Opportunity
• 4.3. Restraints
• 4.4. Trends
• 4.5. PESTEL Analysis
• 4.6. Demand Side Analysis
• 4.7. Supply Side Analysis
  • 4.7.1. Merger & Acquisition
  • 4.7.2. Investment Scenario
  • 4.7.3. Industry Insights: Leading Startups and Their Unique Strategies

5.Pricing Analysis

• 5.1. Regional Pricing Analysis
• 5.2. Price Influencing Factors

6.GLOBAL CHIP ON BOARD LED MARKET REVENUE (USD MN), 2022-2032F

7.MARKET INSIGHTS BY MATERIAL

• 7.1. Metal Core Printed Circuit Board
• 7.2. Ceramic

8.MARKET INSIGHTS BY APPLICATION

• 8.1. Backlighting
• 8.2. Illumination
• 8.3. Automotive

9.MARKET INSIGHTS BY REGION

• 9.1. North America
  • 9.1.1. USA
  • 9.1.2. Canada
  • 9.1.3. Rest of NA
• 9.2. Europe
  • 9.2.1. Germany
  • 9.2.2. United Kingdom
  • 9.2.3. Spain
  • 9.2.4. France
  • 9.2.5. Italy
  • 9.2.6. Rest of Europe
• 9.3. Asia Pacific
  • 9.3.1. China
  • 9.3.2. India
  • 9.3.3. Japan
  • 9.3.4. South Korea
  • 9.3.5. Rest of APAC
• 9.4. Rest of World

10.VALUE CHAIN ANALYSIS

• 10.1. Marginal Analysis
• 10.2. List of Market Participants

11.COMPETITIVE LANDSCAPE

• 11.1. Competition Dashboard
• 11.2. Competitor Market Positioning Analysis
• 11.3. Porter Five Forces Analysis

12.COMPANY PROFILED

• 12.1. Signify N.V.
  • 12.1.1. Company Overview
  • 12.1.2. Key Financials
  • 12.1.3. SWOT Analysis
  • 12.1.4. Product Portfolio
  • 12.1.5. Recent Developments
• 12.2. Citizen Electronics Co. Ltd.
• 12.3. SMART Global Holdings, Inc.
• 12.4. Seoul Semiconductor Co. Ltd.
• 12.5. Bridgelux, Inc.
• 12.6. Ams-OSRAM AG
• 12.7. Samsung Electronics Co. Ltd.
• 12.8. Everlight Electronics Co. Ltd.
• 12.9. LG Innotek Co. Ltd.
• 12.10. Nichia Corporation

13.ACRONYMS & ASSUMPTION

14.ANNEXURE