Global Chip-on-board Led Market Size & Outlook, 2023-2030

The chip-on-board led industry worldwide is expected to reach a projected revenue of US$ 7,205.8 million by 2030. A compound annual growth rate of 15.1% is expected of the worldwide chip-on-board led industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,697.0
Forecast, 2030 (US$M)
$7,205.8
CAGR, 2024 - 2030
15.1%
Report Coverage
Worldwide

Global chip-on-board led market, 2018-2030 (US$M)

Global chip-on-board led market highlights

  • The global chip-on-board led market generated a revenue of USD 2,697.0 million in 2023 and is expected to reach USD 7,205.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 15.1% by 2030.
  • In terms of segment, cob led modules accounted for a revenue of USD 2,697.0 million in 2023.
  • COB LED Modules is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 2,697.0 million
Market revenue in 2030USD 7,205.8 million
Growth rate15.1% (CAGR from 2023 to 2030)
Largest segmentCob led modules
Fastest growing segmentCOB LED Modules
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCOB LED Modules

Other key industry trends

  • In terms of revenue, the North America accounted for 16.5% of the global chip-on-board led market in 2023.

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Chip-on-Board LED Market Scope

Chip-on-board led market segmentation & scope
COB LED Modules
COB LED Arrays
COB LED Component
Substrate Material
Ceramic Substrates
Metal Core PCBs
Application
Illumination
Residential
Office Space
Industrial
Shop Area
Hospitality Industry
Outdoor
Architectural
Automotive
Interior
Exterior
Headlamp
Sidelamp
DRLs
Rear Light
Backlight
LED Television
Monitor
Handhelds
Screen Display Lighting
Others (Medical Equipment, Projectors, High Brightness Lighting)
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
Australia
South Korea
Brazil
Saudi Arabia
South Africa
UAE

Chip-on-Board LED Market Companies

Name Profile # Employees HQ Website

Global chip-on-board led market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chip-on-board led market will help companies and investors design strategic landscapes.


Cob led modules was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global chip-on-board led market based on cob led modules covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Chip-on-Board LED Product Outlook (Revenue, USD Million, 2018-2030)
    • COB LED Modules
    • COB LED Arrays
    • COB LED Component
  • Global Chip-on-Board LED Substrate Material Outlook (Revenue, USD Million, 2018-2030)
    • Ceramic Substrates
    • Metal Core PCBs
  • Global Chip-on-Board LED Application Outlook (Revenue, USD Million, 2018-2030)
    • Illumination
      • Residential
      • Office Space
      • Industrial
      • Shop Area
      • Hospitality Industry
      • Outdoor
      • Architectural
    • Automotive
      • Interior
      • Exterior
        • Headlamp
        • Sidelamp
        • DRLs
        • Rear Light
    • Backlight
      • LED Television
      • Monitor
      • Handhelds
      • Screen Display Lighting
    • Others (Medical Equipment, Projectors, High Brightness Lighting)

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Target buyers of Global chip-on-board led market databook

  • Our clientele includes a mix of chip-on-board led market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global chip-on-board led market , including forecasts for subscribers. This global databook contains high-level insights into Global chip-on-board led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global chip-on-board led market size, by regions, 2018-2030 (US$M)

Related regional statistics

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