Asia-Pacific Chip-on-Board LED Market Share, Trends And Outlook, 2020 Hexa Reports

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Asia-Pacific (APAC) Chip-on-Board LED Market Share,
Size, Emerging Trends, Global Insights, Analysis, Overview
and Forecasts 2016-2020

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.
Technavio's 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
- Backlighting