rbanization, increasing infrastructure, and government initiatives are the factors resulting in increase in modern lighting products. Incandescent lighting turns out to be a very costly and poor medium of lighting source. This stirs the push to LED lighting.
1.Global Chip on Board
(COB) LED Market
Research Report and
Publishing Date: November 2011
Global Chip on Board (COB) LED Market Research Report
According to a new market research report “Global Chip on Board (COB) Light Emitting Diode
Market (2011-2016)”, published by MarketsandMarkets (www.marketsandmarkets.com), the total
COB LED market is expected to reach $3.5 billion by 2016 at a CAGR of 38.5%.
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Lighting industry is witnessing a massive transformation since the past few years, due to increase
in applications and technological developments. The major chunk of the lighting is shifting to LED
technology. LED lighting is effective, efficient, and having excellent output as compared to
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Chip on Board technology (COB) has been introduced in LED lighting that is more cost-effective
and illuminates high lumen output as compared to normal LED lighting. COB LED technology can
be prominently seen in high brightness lighting and general lighting that includes residential,
commercial, and architectural lighting.
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