Chip-on-board (CoB) LED Market, Global Outlook and Forecast 2024-2031

The global Chip-on-board (CoB) LED market was valued at US$ million in 2023 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Chip-on-board (CoB) LED market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

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The China market for Global Chip-on-board (CoB) LED market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Chip-on-board (CoB) LED market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


This report aims to provide a comprehensive presentation of the global market for Chip-on-board (CoB) LED, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Chip-on-board (CoB) LED. This report contains market size and forecasts of Chip-on-board (CoB) LED in global, including the following market information:


  • Global Chip-on-board (CoB) LED Market Revenue, 2019-2024, 2024-2029, ($ millions)
  • Global Chip-on-board (CoB) LED Market Sales, 2019-2024, 2024-2029, (K Units)
  • Global top five Chip-on-board (CoB) LED companies in 2023 (%)


The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.

Under 10W Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Chip-on-board (CoB) LED include Cree, Nichia, Osram, Samsung Electronics, Seoul Semiconductor, Lumileds, Citizen Electronics, Lumens and LG Innotek, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Chip-on-board (CoB) LED manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Chip-on-board (CoB) LED Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K Units)

Global Chip-on-board (CoB) LED Market Segment Percentages, by Type, 2023 (%)


  • Under 10W
  • 10-50W
  • 50-100W
  • 100-200W
  • Above 200W


Global Chip-on-board (CoB) LED Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K Units)

Global Chip-on-board (CoB) LED Market Segment Percentages, by Application, 2023 (%)


  • General Lighting Industry
  • Automotive Industry
  • Backlighting Industry
  • Other


Global Chip-on-board (CoB) LED Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K Units)

Global Chip-on-board (CoB) LED Market Segment Percentages, By Region and Country, 2023 (%)


  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Chip-on-board (CoB) LED revenues in global market, 2019-2024 (Estimated), ($ millions)
  • Key companies Chip-on-board (CoB) LED revenues share in global market, 2023 (%)
  • Key companies Chip-on-board (CoB) LED sales in global market, 2019-2024 (Estimated), (K Units)
  • Key companies Chip-on-board (CoB) LED sales share in global market, 2023 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • Cree
  • Nichia
  • Osram
  • Samsung Electronics
  • Seoul Semiconductor
  • Lumileds
  • Citizen Electronics
  • Lumens
  • LG Innotek
  • Everlight Electronics
  • Epistar
  • Genesis Photonics
  • Elec-Tech International
  • Hongli Zhihui Group
  • LatticePower
  • Shenzhen MTC Lighting


Outline of Major Chapters:

Chapter 1: Introduces the definition of Chip-on-board (CoB) LED, market overview.

Chapter 2: Global Chip-on-board (CoB) LED market size in revenue and volume.

Chapter 3: Detailed analysis of Chip-on-board (CoB) LED manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Chip-on-board (CoB) LED in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Chip-on-board (CoB) LED capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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Table of content

1 Introduction to Research & Analysis Reports
1.1 Chip-on-board (CoB) LED Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Chip-on-board (CoB) LED Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Chip-on-board (CoB) LED Overall Market Size
2.1 Global Chip-on-board (CoB) LED Market Size: 2022 VS 2031
2.2 Global Chip-on-board (CoB) LED Revenue, Prospects & Forecasts: 2019-2031
2.3 Global Chip-on-board (CoB) LED Sales: 2019-2031
3 Company Landscape
3.1 Top Chip-on-board (CoB) LED Players in Global Market
3.2 Top Global Chip-on-board (CoB) LED Companies Ranked by Revenue
3.3 Global Chip-on-board (CoB) LED Revenue by Companies
3.4 Global Chip-on-board (CoB) LED Sales by Companies
3.5 Global Chip-on-board (CoB) LED Price by Manufacturer (2019-2024)
3.6 Top 3 and Top 5 Chip-on-board (CoB) LED Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Chip-on-board (CoB) LED Product Type
3.8 Tier 1, Tier 2 and Tier 3 Chip-on-board (CoB) LED Players in Global Market
3.8.1 List of Global Tier 1 Chip-on-board (CoB) LED Companies
3.8.2 List of Global Tier 2 and Tier 3 Chip-on-board (CoB) LED Companies
4 Sights by Product

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