Chip-on-board LED Market Trends , Growth Prospects and Analysis
Chetana Gardas05 Aug, 2024News
Chip-on-board LED Market size was US$ 4.75 Bn in 2022 and is expected to reach US$ 15.03 Bn by 2029, at a CAGR of 17.88% during the forecast period. Chip-on-board LED (COB LED) is the most advanced and latest technology for LED packaging. COB LED is basically referred to the mounting of multiples LED chips directly in contact with a substrate, such as sapphire or silicon carbide (SiC) substrate, to form a single module.
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