COB LED Market Report 2025 (Global Edition)

Global COB LED Market Report 2025 Market Size Split by Type (Organic Light Emitting Diode, Inorganic Light Emitting Diode), by Application (LED Display, Traffic Light, Car Lights, Indoor Lighting, Out...

COB LED Market Report Description

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Competitive Landscape of the COB LED Market

Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge reagents, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.

COB LED Industry News

In October 2022, Cree expanded the XLamp LED Family with 183 new flux bins. By providing more lumens for the construction of the brightest luminaires, the launch seeks to bring the highest quality and technology. 

(Source: https://www.cree-led.com/news/brighter/

Top Companies Market Share in COB LED Industry: (In no particular order of Rank)

• Boston Electronics Corp.
• Bridgelux Inc.
• Citizen Watch Co. Ltd.
• Hongli Zhihui Group Co Ltd
• Everlight Electronics Co. Ltd.
• Excelitas Technologies Corp.
• Lextar Electronics Corp.
• LG Innotek
• Lumens Co. Ltd.
• Luminus Inc.
• Mouser Electronics Inc.
• Neumuller Elektronik GmbH
• Nichia Corp.
• PerkinElmer Inc.
• Power Palazzo Pvt Ltd.
• Samsung Electronics Co. Ltd.
• Seoul Semiconductor Co. Ltd.
• SMART Global Holdings Inc. 
• Silicon Lightworks LLC
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional analysis of the COB LED Market

Which Region Dominates the COB LED Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The COB LED market in North America is expanding due to growing demand from the residential, commercial, and industrial sectors, stricter legislation encouraging sustainability, and the growing adoption of energy-efficient lighting solutions. The region's market is growing due to advancements in COB LED technology and growing applications, which indicate a trend toward more sophisticated and environmentally friendly lighting options.

Which Region is Expanding at the Fastest CAGR?

The Europe region is witnessing an increase in the sales of reagents. The market for COB LEDs is expanding rapidly in Europe because of the growing need for energy-efficient lighting options, government programs encouraging sustainability, and stringent energy-related laws. The region's focus on increasing technology adoption and cutting carbon emissions propels market expansion. Growing commercial, industrial, and residential applications support Europe's growing COB LED market.

The current report Scope analyzes COB LED Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America COB LED Market

According to Cognitive Market Research, the global COB LED market size was estimated at USD 2142.2Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 856.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2031. The market for COB LEDs is steadily expanding in North America due to a number of factors, including the growing need for energy-efficient lighting options, strict laws encouraging sustainability, and developments in LED technology. This market includes the residential sector, where COB LED lighting is becoming more and more popular among homeowners because to its excellent energy efficiency, extended lifespan, and high-quality illumination. COB LED demand is increasing as customers become more aware of the impact they have on the environment and the cost of energy. In general, the COB LED market in North America indicates a trend toward cutting-edge and environmentally friendly lighting options, with the residential sector being a major factor in the growth of the industry.

• According to Cognitive Market Research, the US had a major share in the COB LED market with a market size of USD 676.08 million in 2024 and is projected to grow at a CAGR of 16.9% during the forecast period. The demand is amplified by the nation's dynamic the growing adoption of energy-efficient lighting solutions to fulfill sustainability targets and lower electricity costs. 
• The Canada COB LED market had a market share of USD 102.83 million in 2024 and is projected to grow at a CAGR of 17.9% during the forecast period. Canada's rising ubiquity of Internet of Things (IoT) applications.
• The Mexico COB LED market is projected to witness growth at a CAGR of 17.6% during the forecast period with a market size of USD 77.98 million in 2024.

Europe COB LED Market

According to Cognitive Market Research, with a market value of USD 2142.2million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 642.66 million. The European COB LED market is expanding rapidly, driven by the growing focus on energy efficiency, strict policies encouraging eco-friendly lighting options, and developments in LED technology. A noteworthy subset of this market is the commercial sector, where companies are using COB LED lighting due to its higher lighting quality, extended lifespan, and energy-saving advantages. The market for COB LEDs in commercial applications is still growing as businesses value sustainability and look for ways to cut expenses. Overall, the European COB LED market shows a strong dedication to technological innovation and environmental responsibility, with the commercial sector spearheading a sizable portion of the industry increase.

• The United Kingdom COB LED market had a market share of USD 107.97 million in 2024 and is projected to grow at a CAGR of 18.2% during the forecast period. In the UK, COB LED sales witness an upswing due to the nation's smart lighting systems. 
• The France COB LED market is projected to witness growth at a CAGR of 16.6% during the forecast period with a market size of USD 59.12 million in 2024.
• According to Cognitive Market Research, the Germany COB LED market size was valued at USD 127.25 million in 2024 and is projected to grow at a CAGR of 17.6% during the forecast period. In Germany, COB LED sales surge due to the nation's commercial. 
• The Italy COB LED market is projected to witness growth at a CAGR of 16.8% during the forecast period with a market size of USD 55.27 million in 2024.
• The Russia COB LED market is projected to witness growth at a CAGR of 16.4% during the forecast period with a market size of USD 99.61 million in 2024.
• The Spain COB LED market is projected to witness growth at a CAGR of 16.5% during the forecast period with a market size of USD 52.70 million in 2024.
• The Luxembourg COB LED market is projected to witness growth at a CAGR of 17.5% during the forecast period with a market size of USD 19.92 million in 2024.
• The Portugal COB LED market is projected to witness growth at a CAGR of 17.2% during the forecast period with a market size of USD 13.50 million in 2024.
• The Greece COB LED market is projected to witness growth at a CAGR of 17.7% during the forecast period with a market size of USD 7.71 million in 2024.
• Rest of Europe COB LED market is projected to witness growth at a CAGR of 16.1% during the forecast period with a market size of USD 99.61 million in 2024.

Asia Pacific COB LED Market

According to Cognitive Market Research, the global COB LED market size was estimated at USD 2142.2Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 492.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.9% from 2024 to 2031. The COB LED market is expanding quickly in the Asia Pacific area due to reasons such government energy efficiency programs, industrialization, and urbanization. The automobile industry is a significant market segment where COB LEDs are being utilized more and more for headlights, interior lighting, and other applications because of its higher illumination, energy efficiency, and durability. The market for COB LEDs is increasing as regional automakers look to improve vehicle appearances and comply with regulations. Overall, the COB LED market in Asia Pacific shows an increasing tendency toward sophisticated lighting solutions, with the automotive industry being a major factor in the market's growth.

• According to Cognitive Market Research, the China COB LED market size was valued at USD 221.72 million in 2024 and is projected to grow at a CAGR of 20.4% during the forecast period. COB LED sales surge in China due to the nation's rapid industrial.
• The Japan COB LED market is projected to witness growth at a CAGR of 19.4% during the forecast period with a market size of USD 67.99 million in 2024.
• The India COB LED market had a market share of USD 59.12 million in 2024 and is projected to grow at a CAGR of 22.7% during the forecast period. The demand is augmented by India's increasing middle class.
• The South Korea COB LED market is projected to witness growth at a CAGR of 20.0% during the forecast period with a market size of USD 49.27 million in 2024.
• The Australia COB LED market is projected to witness growth at a CAGR of 9.9% during the forecast period with a market size of USD 174.87 million in 2024.
• The South East Asia COB LED market is projected to witness growth at a CAGR of 21.9% during the forecast period with a market size of USD 34.00 million in 2024.
• The Rest of Asia Pacific COB LED market is projected to witness growth at a CAGR of 20.7% during the forecast period with a market size of USD 34.98 million in 2024.

South America COB LED Market

According to Cognitive Market Research, the global COB LED market size was estimated at USD 2142.2Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 107.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.3% from 2024 to 2031. The market for COB LEDs is expanding rapidly in Latin America because to factors like improving infrastructure, increased urbanization, and a growing emphasis on energy saving. A noteworthy subset of this market is the commercial sector, where companies are adopting COB LED lighting due to its extended lifespan, energy-saving qualities, and superior illumination. The demand for COB LEDs in commercial applications is rising throughout the region as businesses look to cut expenses and adhere to environmental standards. All things considered, the COB LED market in Latin America is a reflection of people's increasing awareness of the advantages of energy-efficient lighting solutions, with the commercial sector being the main driver of market expansion and adoption.

• According to Cognitive Market Research, the Brazil COB LED market size was valued at USD 45.84 million in 2024 and is projected to grow at a CAGR of 18.9% during the forecast period. COB LED sales flourish in Brazil due to the nation's residential settings.
• The Argentina COB LED market had a market share of USD 17.99 million in 2024 and is projected to grow at a CAGR of 19.2% during the forecast period. The demand is augmented by Argentina's commitment to electronics manufacturing.
• The Colombia COB LED market is projected to witness growth at a CAGR of 18.1% during the forecast period with a market size of USD 9.53 million in 2024.
• The Peru COB LED market is projected to witness growth at a CAGR of 18.5% during the forecast period with a market size of USD 8.78 million in 2024.
• The Chile COB LED market is projected to witness growth at a CAGR of 18.6% during the forecast period with a market size of USD 7.71 million in 2024.
• The Rest of Latin America COB LED market is projected to witness growth at a CAGR of 17.4% during the forecast period with a market size of USD 17.24 million in 2024.

Middle East and Africa COB LED Market

According to Cognitive Market Research, the global COB LED market size was estimated at USD 2142.2Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 42.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.6% from 2024 to 2031. The COB LED market is expanding significantly in the Middle East and Africa (MEA) because to rising urbanization, infrastructural development, and government programs supporting energy efficiency. The industrial sector is one important market segment where COB LEDs are being embraced more and more due to their high-performance lighting solutions, energy efficiency, and durability. The demand for COB LEDs in industrial applications keeps growing as businesses in the region strive to increase productivity while consuming less energy. All things considered, the MEA COB LED market is indicative of a growing trend toward sophisticated lighting technologies, with the industrial sector being a major force behind market adoption and advancement.

• According to Cognitive Market Research, the GCC Countries COB LED market size was valued at USD 18.34 million in 2024 and is projected to grow at a CAGR of 19.4% during the forecast period. COB LED sales flourish in the GCC Countries due to the region's electronics manufacturing.
• The Egypt COB LED market is projected to witness growth at a CAGR of 18.9% during the forecast period with a market size of USD 4.50 million in 2024.
• The South Africa COB LED market is projected to witness growth at a CAGR of 19.6% during the forecast period with a market size of USD 6.77 million in 2024. COB LED sales flourish in the South Africa due to the region's strategic investments in electronics manufacturing.
• The Turkey COB LED market is projected to witness growth at a CAGR of 18.1% during the forecast period with a market size of USD 3.68 million in 2024.
• The Nigeria COB LED market is projected to witness growth at a CAGR of 17.7% during the forecast period with a market size of USD 4.50 million in 2024.
• The Rest of MEA COB LED market is projected to witness growth at a CAGR of 17.6% during the forecast period with a market size of USD 5.06 million in 2024.

COB LED Market Analysis

COB LED Market Type Segment Analysis

According to Cognitive Market Research, Organic Light Emitting Diode held the major market share over the forecast period. The market for organic light-emitting diodes (OLEDs), which provide cutting-edge lighting solutions with exceptional performance and efficiency, is helping the COB LED industry expand. OLEDs are becoming increasingly popular in various industries because of the growing need for eco-friendly and energy-efficient lighting solutions. Because of its adaptable design and superb color reproduction, COB LEDs are perfect for various applications, driving the market's growth.

Inorganic Light Emitting Diode is the fastest-growing category over the forecast period. The COB LED industry is expanding due to the Inorganic Light Emitting Diode (ILED) market's robust and efficient lighting solutions. LEDs provide dependable, long-lasting illumination for various applications, catering to the growing demand for energy-efficient lighting. Because of their strong design and adaptability, they are a popular option for helping the COB LED market grow across various international industries.

• Organic Light Emitting Diode
• Inorganic Light Emitting Diode

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of COB LED Industry. Request a Free Sample PDF!

COB LED Market Application Segment Analysis

According to Cognitive Market Research, LED displays hold a prominent market share. The COB LED market is expanding because of LED display technology, which takes advantage of COB LEDs' small size and excellent efficiency to create vivid and dynamic visual solutions. The COB LED market is growing due to the increased need for large-scale advertising, entertainment, and digital signage displays. The better brightness, color accuracy, and energy economy of COB LEDs drive their adoption.

Traffic Light is the fastest-growing category over the forecast period. The COB LED market is growing due to traffic light systems, which take advantage of COB LEDs' dependability and energy economy to increase road safety and visibility. Demand for robust and efficient lighting systems is rising due to urbanization and traffic jams. COB LEDs are becoming increasingly popular in this industry because of their improved brightness and durability, making them perfect for traffic signal applications.

• LED Display
• Traffic Light
• Car Lights
• Indoor Lighting
• Outdoor Lighting
• Consumer Electronics
• Specialty Lighting
• Horticulture

The above Graph is for representation purposes only. This chart does not depict actual Market share.

COB LED End User Segment Analysis

According to Cognitive Market Research, Automotive held the major market share over the forecast period. A major factor contributing to the COB LED market's growth is the rising demand from consumers for high-quality, energy-efficient lighting options in residential spaces. Regarding indoor and outdoor lighting fixtures, COB LEDs are the best choice for various residential applications since they are brighter, more color-rendering, and more durable than traditional lighting solutions. Their popularity is further fueled by the increased emphasis on cost-cutting and sustainability.

Residential is the fastest-growing category over the forecast period. The market for COB LEDs is expanding because of Metal Core Printed Circuit Boards (MCPCBs), which offer a stable mounting surface for COB LEDs. These specialist PCBs provide effective heat dissipation, guaranteeing the COB LED modules' best performance and lifetime. As the high-power LED lighting solutions market grows, MCPCBs are essential for improving thermal management and propelling COB LED adoption in various industries.

• Automotive
• Residential
• Commercial
• Industrial
• Infrastructure
• Agriculture

COB LED Material Segment Analysis

According to Cognitive Market Research, MCPCB held the major market share over the forecast period. Because Metal Core Printed Circuit Boards (MCPCBs) effectively dissipate heat from COB LED chips, they play a key role in the growth of the COB LED industry. This keeps COB LED modules operating at peak efficiency and increases their lifespan. The increasing need for LED lighting solutions with high power and brightness in various industries is made possible by MCPCBs, which are essential for the uptake and expansion of COB LEDs.

Ceramics is the fastest-growing category over the forecast period. The market for COB LEDs is expanding due to ceramic substrates' superior thermal conductivity and dependability. By effectively dispersing heat, these substrates extend the life and performance of COB LED chips. Because there is a growing need for high-power and high-brightness LED lighting solutions in various industries, ceramic substrates are essential for COB LED acceptance and proliferation, which drives market expansion.

• MCPCB
• Ceramic

COB LED Sales Channel Segment Analysis

According to Cognitive Market Research, Electric Stores held the major market share over the forecast period. By providing customers with a large selection of COB LED items, electric stores are helping the COB LED market to expand. Electric stores are important distribution channels for COB LED lighting products, fixtures, and other lighting solutions as consumers become more conscious of energy conservation and the advantages of LED lighting. Their accessibility and availability encourage consumer acceptance, which drives market growth in the electric retail industry.

Online is the fastest-growing category over the forecast period. Because they offer easy access to a wide variety of COB LED products, online platforms are contributing to the growth of the COB LED market. Because online shopping is becoming increasingly popular, customers can search, compare, and buy COB LED bulbs, fixtures, and related products. Globally, COB LEDs are becoming more widely known and used thanks in large part to online platforms.

• Electric Stores
• Online
• Supermarket
• Hypermarket
• Others

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion