COB LED Market to Reach US$ 9.2 Billion by 2020 - Energy Watch News

COB LED Market to Reach US$ 9.2 Billion by 2020

Increasing urbanization and infrastructure spending are expected to be the key drivers for market growth over the forecast period. Global chip on board (COB) LEDs are energy efficient, have greater reliability and require less space. Furthermore, they offer high intensity and homogenous luminosity, which makes them suitable for high power applications. Companies operating in the market include Philips LumiLEDs Lighting Company, Cree Inc., Samsung Electronics Co. Ltd., Citizen Electronics Co. Ltd., Osram Opto Semiconductors GmbH, Everlight Electronics Co.Ltd., Seoul Semiconductor Co. Ltd., Nichia Corporation, Lumens Co. Ltd, LG Innotek Co. Ltd,.

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