Global Chip-On-Board Light Emitting Diodes Market
Chip on board (COB) is an LED packaging technology in which uncoated semiconductor elements are installed directly on a substratum or PCB with the help of a conductive or non-conductive adhesive and then wired for electrical connectivity. Different LED chips are packaged together as one module which light up and look like a lighting panel. They have the ability to provide better flexibility and also provide better light distribution capacity. Because of the tiny size of the LED chip, chip-on-board technology enables a much greater density of packaging than surface mounting technology which can provide user with great uniformity and higher intensity. These COBLED usually have great reliability, save large amount of energy, have better thermal management and also needs very less space.
Access Full Report at https://www.databridgemarketresearch.com/reports/global-chip-on-board-light-emitting-diodes-market
Some of the factors responsible for the growth of this market are as follow:
The global chip-on-board light emitting diodes market is segmented on the basis of application as illumination, automotive, backlighting, others, and high brightness lighting.
Some of the launches and acquisitions in the market are as follow:
“According to Data Bridge Market Research, global chip-on-board light emitting diodes market is set to witness a healthy CAGR of 38.67% in the forecast period of 2019- 2026”
Few of the major competitors currently working in the global chip-on-board light emitting diodes market are OSRAM Opto Semiconductors GmbH, CITIZEN ELECTRONICS CO., LTD, Cree, Inc, EVERLIGHT, Tridonic, Sharp Devices Europe., ProPhotonix, Luminus, Inc., Bridgelux, Inc., LG INNOTEK., SAMSUNG, Trans-Lux Corporation, NICHIA CORPORATION, ACUITY BRANDS LIGHTING, INC, Mouser Electronics, Inc., Excelitas Technologies Corp., Havells India Ltd., Lumileds Holding B.V, molex, TongYiFang, Component Distributors Inc., and others.
Today, COB LED is widely used in application with high power as they have high luminosity and high intensity. They have the capability to offer better color mixing due to which they are highly in demand for industrial and commercial purposes. In many countries, government is taking many initiatives so they can enhance the usage of energy efficient technologies which also creating new opportunities for this market.
Global Chip-On-Board Light Emitting Diodes Market – Industry Trends and Forecast to 2028