Friday, December 11, 2020

Chip-on-board LED Market 2020: Business Trends, COVID – 19 Outbreak, Competitor Strategy, Global Segments, Industry Profit Growth, Landscape and Demand

According to Market Research Future (MRFR), the global Chip-on-board LED market was valued at USD 2.01 billion in 2017 and is estimated to reach USD 5.26 Billion by the end of forecast period with a CAGR of 17.88%. Chip-on-board LED Market report provides a comprehensive analysis of this industry vertical while highlighting the key growth factors, opportunities, and constraints expected to shape the market dynamics during the forecast period. Statistical report provides broad research on key players and in-depth insights covering the competitive edge of trending players. Additionally, the report provides a profound assessment of various industry segments to infer the market's revenue forecasts during the study period.

Global demand for Chip-on-board LED Market is expected to increase at a significant rate over the forecast period from 2018 to 2023. Government's growing focus around the world on promoting energy-efficient lighting has led to increased demand for LED lighting. In addition to government initiatives, chip-on-board LEDs have several advantages such as lower power requirements; high light efficiency, better thermal management, and a smaller number of solder joints that reduce the risk of performance losses. Increasing investment in infrastructure development is also expected to further stimulate growth in the LED chip-on-board market.

Key players operating in the market are keen to invest heavily which will transform the consumer and business landscape in the future are– Citizen Electronics Co. Ltd. (Japan), Osram Opto  Semiconductors GmbH (Germany), Cree Inc. (US), GE Lighting (US), Seoul Semiconductor Co. Ltd. (South Korea), Philips Lumileds Lighting Co. (Netherlands), Samsung Electronics Co. Ltd. (South Korea), LG Innotek Co. Ltd. (South Korea) Everlight Electronics Co. Ltd. (Taiwan), and Lumens Co., Ltd. (South Korea). These players contribute a substantial share in the development of Chip-on-board LED market.

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Segmentation:

·         By material, the market is bifurcated into MCPCB and ceramic. Ceramic is the most commonly used material for substrate owing to its better thermal performance.

·         By application, the market is segmented into backlighting, general lighting, automotive lighting and others. General lighting is further segmented into commercial residential, and industrial while backlighting is segmented into smartphones, tablets, monitors, televisions and others. Under automotive lighting, chip-on-board LED market is bifurcated into interior lighting and exterior lighting.

Regional Assessment:                                                                        

Chip-on-board LED market geographic analysis is studied for Europe , North America, Asia-Pacific and the rest of the world (including the Middle East, Africa, and Latin America). Asia-Pacific is slated to dominate the Chip-on-board LED market during the forecast period due to the largest manufacturing and usage share among the regions mentioned. Countries such as South Korea, Taiwan, and China contribute to the largest market share due to the presence in these regions of a significant number of vendors.

Major Highlights of TOC Covers:

1.      Executive Summary

2.      Key Business Trends

3.      Regional Trends and Growth

4.      Product Trends

5.      End-use Trends

6.      Definition and Forecast Parameters

7.      Chip-on-board LED Market Segmentation

8.      Chip-on-board LED Market Landscape

9.      Vendor Matrix

10.  Company Profiles

11.  Business Overview

12.  Financial Data

13.  Product Landscape

14.  Strategic Outlook

15.  SWOT Analysis

16.  Regional Chip-on-board LED Market Share

17.  Country Chip-on-board LED Market Share

18.  Revenue and Sales Forecast

If you have any requirements, let know and we will customize the report according to your need.

FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/chip-on-board-led-market-7030

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.                          

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