Chip-on-board (COB) Light Emitting Diode (LED) refers to multiple LED chips bonded into one lighting module. Chip-on-board LED market has high growth prospects owing to rising applications in the general lighting, backlighting, and automotive lighting. Further, market players are focusing on cost reduction through product innovation. In addition, it reduces the adverse effect on environmental as compare to conventional lightning which is expected to drive the demand for chip-on-board LED over the forecasted period.This growth is primarily driven by Chip On Board LED Lessens Heat Emission As Compared To Normal LED and Government Support for Chip On Board LED as it has Low Impact On Environment Traditional Lighting.
Globally, a noticeable market trend is evident Emphasizing On Development of Energy Efficiency Power Sources
. Major Manufacturers, such as Citizen Electronics (Japan), Everlight (Taiwan), Tridonic (Austria), Prophotonix (United States), PerkinElmer (United States), Siemens AG (Germany), Cree Inc. (United States), Seoul Semiconductor (South Korea), Sharp Electronics (Japan), General Electric (United States) and Enlux Lighting (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Chip On Board LED Lessens Heat Emission As Compared To Normal LED
- Government Support for Chip On Board LED as it has Low Impact On Environment Traditional Lighting
- Emphasizing On Development of Energy Efficiency Power Sources
- Technological Advancement in Design with Focus on Cost Savings
- High Cost of Chip-On-Board LED
- Difficult Manufacturing Process Associated With Chip-On-Board LED
Increasing Demand for LED Lights Which Consumes Less Power and Rising the Demand from the Developing Countries
Maintaining Operating Temperature for Chip-On-Board LED
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