Boston, MA -- (SBWIRE) -- 08/16/2016 -- Although the traditional surface-mounted device (SMD) LED light sources were energy efficient, they had disadvantages such as the lesser spread of lighting, glare effects, higher heat generation, and low lifespan. COB LEDs are advanced LED lighting sources in which many LEDs are packaged in a single module. These LEDs are manufactured using techniques such as wire bonding, die attachment, and encapsulation. Furthermore, COB LEDs do not require a designated circuit for proper functioning, which makes it easier to install them.

Technavio's analysts forecast the chip-on-board (COB) LED market in Asia-pacific (APAC) to grow at a CAGR of 34.79% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the chip-on-board (COB) LED market in Asia-pacific (APAC) for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of COB LEDs and its application.

Get More Details on this Report and a Full Table of Contents at Chip-on-Board LED Market in APAC 2016-2020

The market is divided into the following segments based on application:

-Automotive lighting
-Backlighting
-General lighting

Technavio's report, Chip-On-Board (COB) LED Market in Asia-Pacific (APAC)2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Citizen
-Cree
-Lumileds Holding B.V.
-Nichia
-OSRAM
-Samsung
-Seoul Semiconductor

Other prominent vendors

-Everlight Electronics
-LG Innotek
-Lumens

Market driver

-Growing application of COB LEDs across industries
-For a full, detailed list, view our report

Market challenge

-Technical limitations of COB LEDs
-For a full, detailed list, view our report

Market trend

-Growing demand for COB LEDs in general lighting segment
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Citizen Electronics, Cree, Lumileds Holding B.V., Nichia, OSRAM GmbH, Samsung Electronics, Seoul Semiconductor, Everlight Electronics, LG Innotek, Lumens.

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