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

The chip-on-board led market in Europe is expected to reach a projected revenue of US$ 1,445.9 million by 2030. A compound annual growth rate of 13.3% is expected of Europe chip-on-board led market from 2024 to 2030.
Revenue, 2023 (US$M)
$601.6
Forecast, 2030 (US$M)
$1,445.9
CAGR, 2024 - 2030
13.3%
Report Coverage
Europe

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

Europe

Europe chip-on-board led market highlights

  • The Europe chip-on-board led market generated a revenue of USD 601.6 million in 2023.
  • The market is expected to grow at a CAGR of 13.3% from 2024 to 2030.
  • In terms of segment, cob led modules was the largest revenue generating product in 2023.
  • COB LED Modules is the most lucrative product segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 601.6 million
Market revenue in 2030USD 1,445.9 million
Growth rate13.3% (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, Europe region accounted for 22.3% of the global chip-on-board led market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 710.4 million by 2030.

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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

Europe 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 Europe chip-on-board led market based on cob led modules covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe chip-on-board led market , including forecasts for subscribers. This continent databook contains high-level insights into Europe chip-on-board led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Related regional statistics

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