Middle East & Africa Chip-on-Board LED Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$244.6

Forecast, 2030 (US$M)

$710.4

CAGR, 2024 - 2030

16.5%

Report Coverage

Middle East & Africa

Middle East & Africa chip-on-board led market, 2018-2030 (US$M)

Related Markets

Global Chip-on-Board LED Industry Outlook

North America Chip-on-Board LED Market Outlook

Europe Chip-on-Board LED Market Outlook

Asia Pacific Chip-on-Board LED Market Outlook

Latin America Chip-on-Board LED Market Outlook

MEA chip-on-board led market highlights

The MEA chip-on-board led market generated a revenue of USD 244.6 million in 2023.
The market is expected to grow at a CAGR of 16.5% 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.

MEA data book summary

Market revenue in 2023	USD 244.6 million
Market revenue in 2030	USD 710.4 million
Growth rate	16.5% (CAGR from 2023 to 2030)
Largest segment	Cob led modules
Fastest growing segment	COB LED Modules
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	COB LED Modules

Other key industry trends

In terms of revenue, MEA region accounted for 9.1% 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

Product

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)

Regions

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Countries

U.S.

Canada

Mexico

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

Middle East & Africa 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 Middle East & Africa 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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Our clientele includes a mix of chip-on-board led market companies, investment firms, advisory firms & academic institutions.
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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 continent-level data and insights on the Middle East & Africa chip-on-board led market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa chip-on-board led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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