Chip On Board LED Market : Recent Industry Developments and Growth Strategies Adopted by Players

Chip on board (COB) Light Emitting Diode (LED) is the latest technology of packaging multi LED into one lighting module. Chip diodes of LED are bonded into the PCB by the manufacturers, making thermal conductivity move towards the circuit board resulting in lower heat emission. LED light source is preferred over traditional lighting due to its longer life span and brightness. But normal LED may cause uncomfortable glare which is further rectified in COB LED. Furthermore chip on board LED lights provide higher intensity along with homogenous luminosity helping in the rise in demand for chip on board LED lights globally. In addition to this advancement in design through innovation along with cost savings by large scale manufacture of COB LED lights further enhances the demand for chip on board LED lights. Application wise global chip on board LED market can be segmented into automotive, illumination and backlighting among others.

Some of the major players operating in the global chip on board LED market includes OSRAM (Germany), Everlight Electronics (Taiwan), Nichia (Japan), Samsung (South Korea), CREE Inc.  (US), Philips Lumileds Lighting (US), Cooper Lighting (US), PerkinElmer (US), Sharp Electronics (Japan), Lextar Electronics Corporation (Taiwan) and Seoul Semiconductor (South Korea) among others which are present in the market globally.

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