Middle East & Africa Chip-on-board Led Market Size & Outlook
Middle East & Africa chip-on-board led market, 2018-2030 (US$M)
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 Companies
| Name | Profile | # Employees | HQ | Website |
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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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Target buyers of Middle East & Africa chip-on-board led market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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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