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The global market is expected to reach $3.4 billion in 2016 at a CAGR of 38.5% from 2011 to 2016. Application market will be more inclined towards illumination in general lighting and is expected to reach to $2.9 billion in 2016 at a CAGR of 36.9% from 2011 to 2016.
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MarketsandMarkets 1.Global Chip on Board (COB) LED Market Research Report and Forecast. Publishing Date: November 2011
2. Global Chip on Board (COB) LED Market Research Report and Forecast. 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%. Download Free PDF @ http://www.marketsandmarkets.com/pdfdownload.asp?id=409 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 traditional lighting. Get Request sample @ http://www.marketsandmarkets.com/requestsample.asp?id=409 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. About MarketsandMarkets: MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website www.marketsandmarkets.com Contact: Mr. Rohan 7557 Rambler Road, Suite 727, Dallas, TX 75231 Tel: +1-888-6006-441 Email: sales@marketsandmarkets.com