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    US Chip on board LED Market

    ID: MRFR/SEM/14197-HCR
    200 Pages
    Garvit Vyas
    October 2025

    US Chip On Board LED Market Research Report By Material (MCPCB, Ceramic) and By Application (General Lighting, Backlighting, Automotive Lighting) - Forecast to 2035

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    US Chip on board LED Market Infographic
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    US Chip on board LED Market Summary

    As per MRFR analysis, the US chip on-board-led market Size was estimated at 543.9 USD Million in 2024. The US chip on-board-led market is projected to grow from 632.23 USD Million in 2025 to 2847.5 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 16.24% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US chip on-board LED market is experiencing a transformative shift towards sustainability and smart technology integration.

    • The market is increasingly driven by a focus on sustainability and energy efficiency.
    • Smart lighting integration is becoming a prominent trend, enhancing user experience and functionality.
    • Cost reduction strategies are being adopted to improve competitiveness in the market.
    • Technological advancements in LED technology and rising demand for energy-efficient solutions are key drivers of market growth.

    Market Size & Forecast

    2024 Market Size 543.9 (USD Million)
    2035 Market Size 2847.5 (USD Million)

    Major Players

    Osram (DE), Nichia (JP), Cree (US), Samsung (KR), Philips (NL), LG Innotek (KR), Seoul Semiconductor (KR), Everlight Electronics (TW), Lite-On Technology (TW)

    US Chip on board LED Market Trends

    The chip on-board-led market is currently experiencing notable growth, driven by advancements in technology and increasing demand for energy-efficient lighting solutions. The integration of chip on-board technology allows for compact designs and improved thermal management, which enhances the overall performance of lighting systems. As consumers and industries alike prioritize sustainability, the shift towards LED lighting continues to gain momentum. This trend is further supported by government initiatives promoting energy efficiency and reducing carbon footprints. In addition, the chip on-board-led market is witnessing innovations in manufacturing processes, which are likely to reduce production costs and improve product quality. The rise of smart lighting systems, which incorporate connectivity and automation, is also influencing market dynamics. As urbanization progresses and smart city initiatives expand, the demand for advanced lighting solutions is expected to increase. Overall, the chip on-board-led market appears poised for continued expansion, driven by technological advancements and changing consumer preferences.

    Sustainability Focus

    The chip on-board-led market is increasingly aligned with sustainability goals. As energy efficiency becomes a priority, manufacturers are developing products that consume less power while providing superior illumination. This trend is supported by regulatory frameworks that encourage the adoption of energy-saving technologies.

    Smart Lighting Integration

    The integration of smart technology into lighting systems is transforming the chip on-board-led market. Consumers are seeking solutions that offer connectivity and automation, allowing for enhanced control over lighting environments. This shift is likely to drive innovation and product development.

    Cost Reduction Strategies

    Manufacturers in the chip on-board-led market are exploring cost reduction strategies through improved production techniques. By optimizing manufacturing processes, companies aim to lower expenses while maintaining high-quality standards. This approach may enhance competitiveness and market accessibility.

    US Chip on board LED Market Drivers

    Government Initiatives and Regulations

    Government initiatives and regulations play a crucial role in shaping the chip on-board-led market. Various federal and state programs are promoting the adoption of energy-efficient lighting solutions through incentives and rebates. For instance, the Department of Energy has implemented standards that encourage the use of LED technology in public and private sectors. These regulations aim to reduce energy consumption and greenhouse gas emissions, thereby fostering a favorable environment for the chip on-board-led market. As compliance with these regulations becomes mandatory, manufacturers are likely to invest more in LED technology, further driving market growth.

    Growth of Smart Cities and Infrastructure

    The chip on-board-led market is poised for growth due to the increasing development of smart cities and infrastructure. As urban areas evolve, there is a growing emphasis on integrating smart technologies into public lighting systems. This integration not only enhances energy efficiency but also improves safety and convenience for residents. The chip on-board-led market stands to benefit from this trend, as municipalities seek to upgrade their lighting systems with advanced LED solutions. The market is expected to expand as cities invest in smart lighting that can be controlled remotely and adjusted based on real-time data, thereby optimizing energy use and reducing costs.

    Rising Demand for Energy-Efficient Solutions

    The chip on-board-led market is significantly influenced by the rising demand for energy-efficient lighting solutions. As energy costs continue to rise, consumers and businesses are increasingly seeking alternatives that reduce energy consumption. LED technology, known for its low power usage and long lifespan, aligns perfectly with this demand. In fact, studies indicate that LED lighting can reduce energy consumption by up to 80% compared to traditional incandescent bulbs. This shift towards energy efficiency is not only environmentally friendly but also economically advantageous, leading to substantial savings over time. Consequently, the chip on-board-led market is likely to see sustained growth as more stakeholders prioritize energy-efficient solutions.

    Technological Advancements in LED Technology

    The chip on-board-led market is experiencing a surge due to rapid technological advancements in LED technology. Innovations such as improved chip designs and enhanced thermal management systems are driving efficiency and performance. The integration of smart features, such as dimming and color tuning, is becoming increasingly prevalent. As a result, the market is projected to grow at a CAGR of approximately 15% over the next five years. This growth is fueled by the demand for high-quality lighting solutions in various applications, including residential, commercial, and industrial sectors. The chip on-board-led market is thus positioned to benefit from these advancements, as manufacturers strive to meet the evolving needs of consumers and businesses alike.

    Consumer Preference for Aesthetic Lighting Solutions

    The chip on-board-led market is also driven by changing consumer preferences for aesthetic lighting solutions. As consumers become more design-conscious, there is a growing demand for lighting that not only serves functional purposes but also enhances the ambiance of spaces. The versatility of chip on-board LEDs allows for creative applications in residential and commercial settings, making them a popular choice among designers and architects. This trend is likely to propel the chip on-board-led market forward, as manufacturers innovate to create visually appealing products that meet the aesthetic demands of consumers.

    Market Segment Insights

    By Material: MCPCB (Largest) vs. Ceramic (Fastest-Growing)

    In the US chip on-board-led market, the MCPCB segment currently holds the largest market share, benefiting from its superior thermal management and electrical conductivity properties. Its established presence in various applications, especially in the lighting sector, contributes to its dominance. On the other hand, the Ceramic segment, although smaller in market share, is rapidly gaining traction due to the increasing demand for energy-efficient and high-performance applications. Its unique characteristics, such as high thermal resistance and low dielectric loss, make it an attractive option in advanced technologies. Growth trends show that the MCPCB segment continues to thrive, driven by technological advancements and the ongoing demand for compact and more efficient lighting solutions. Meanwhile, the Ceramic segment is positioned for significant growth, fueled by innovations in material science and a shift towards sustainable practices in the electronics industry. The convergence of these trends implies a dynamic market landscape where both segments are poised for substantial development through 2025 and beyond.

    MCPCB (Dominant) vs. Ceramic (Emerging)

    The MCPCB segment is recognized as the dominant force in the US chip on-board-led market, attributable to its excellent thermal conductivity and design flexibility. Its widespread application in LED lighting and other electronic devices underlines its significance. Conversely, the Ceramic segment is emerging, characterized by its distinctive insulating properties and resistance to high temperatures. As manufacturers seek more sustainable and efficient solutions, the unique attributes of ceramic materials present significant growth opportunities. The competition between these segments illustrates a market in transition, where traditional MCPCB products maintain leadership while ceramics carve out their niche.

    By Application: General Lighting (Largest) vs. Automotive Lighting (Fastest-Growing)

    In the US chip on-board-led market, General Lighting commands a significant share, primarily driven by its widespread applications in residential and commercial spaces. This segment's robust market presence is characterized by the increasing demand for energy-efficient lighting solutions and advancements in LED technologies. Conversely, Automotive Lighting, though smaller in market share, is rapidly gaining traction, fueled by the automotive industry's shift towards LED technologies for better efficiency and longer lifespans. Growth trends indicate that while General Lighting remains dominant, Automotive Lighting is experiencing the fastest growth, thanks to rising vehicle production and enhancements in automotive design that prioritize advanced lighting systems. Factors such as the push for sustainability, regulatory standards for vehicle lighting, and consumer preference for enhanced visibility and safety features are contributing to this segment's expansion. As innovations continue, the competition among these segments is expected to intensify, showcasing differentiated functionalities and benefits to end-users.

    General Lighting (Dominant) vs. Automotive Lighting (Emerging)

    General Lighting stands out as the dominant segment within the US chip on-board-led market, characterized by its extensive use across various applications, including residential and commercial spaces. This segment benefits from a well-established infrastructure and a higher adoption rate of energy-efficient products. Meanwhile, Automotive Lighting is an emerging segment, driven by technological advancements and evolving consumer expectations for improved lighting solutions in vehicles. The emergence of smart lighting systems and automation in automotive applications is enhancing the appeal of this segment. As the demand for energy-efficient and stylistic innovations continues, both segments are poised for unique growth trajectories, with General Lighting maintaining its lead while Automotive Lighting seeks to capture a growing share through innovation and application diversification.

    Get more detailed insights about US Chip on board LED Market

    Key Players and Competitive Insights

    The chip on-board-led market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for energy-efficient lighting solutions. Major players such as Cree (US), Osram (DE), and Samsung (KR) are strategically positioning themselves through innovation and partnerships. Cree (US) focuses on enhancing its product portfolio with cutting-edge technologies, while Osram (DE) emphasizes sustainability and smart lighting solutions. Samsung (KR) leverages its extensive R&D capabilities to develop high-performance products, thereby shaping a competitive environment that prioritizes technological superiority and market responsiveness.

    Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The competitive structure appears moderately fragmented, with several key players exerting influence over market dynamics. This fragmentation allows for niche players to thrive, while larger companies consolidate their market share through strategic initiatives and collaborations.

    In October 2025, Cree (US) announced a partnership with a leading automotive manufacturer to integrate its chip on-board-led technology into electric vehicles. This strategic move not only expands Cree's market reach but also aligns with the growing trend of electrification in the automotive sector. The collaboration is expected to enhance vehicle lighting systems, thereby improving safety and energy efficiency, which is crucial in the current market landscape.

    In September 2025, Osram (DE) launched a new line of smart lighting products designed for urban environments. This initiative reflects Osram's commitment to sustainability and innovation, as the products utilize advanced sensors and IoT technology to optimize energy consumption. The introduction of these products positions Osram favorably in the smart city development sector, potentially increasing its market share and reinforcing its brand as a leader in sustainable lighting solutions.

    In August 2025, Samsung (KR) unveiled a new manufacturing facility in the US dedicated to producing chip on-board-led products. This investment underscores Samsung's strategy to enhance its production capabilities and reduce lead times for customers. By establishing a local manufacturing presence, Samsung aims to strengthen its supply chain reliability and respond more effectively to the growing demand for high-quality lighting solutions in North America.

    As of November 2025, current competitive trends indicate a strong focus on digitalization, sustainability, and AI integration within the chip on-board-led market. Strategic alliances are increasingly shaping the landscape, as companies seek to leverage complementary strengths to drive innovation. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to innovate and adapt to evolving market demands.

    Key Companies in the US Chip on board LED Market market include

    Industry Developments

    Recent developments in the US Chip On Board LED Market have shown a significant shift, with companies like Nichia and Cree actively enhancing their product lines to meet increasing demand for energy-efficient lighting solutions. As of September 2023, LG Innotek announced advancements in their COB LED technologies aimed at improving luminous efficacy. Meanwhile, Philips and Seoul Semiconductor are investing in Research and Development to innovate in smart lighting applications. Current affairs reflect a heightened focus on sustainability and environmental regulations, driving growth in this sector. 

    Notably, in July 2023, Osram reported an increase in revenue driven by demand in automotive and industrial applications, reflecting the diverse usages of COB LEDs. Additionally, merger and acquisition activity was noted, with LiteOn acquiring Shenzhen Bemay Technology in August 2023 to strengthen their position in the market. This has implications for market competition and technology integration. The overall market valuation for US COB LED manufacturers has increased, largely due to enhanced production capabilities and an expanding market for energy-efficient lighting.

    These trends indicate a robust growth trajectory in the US Chip On Board LED Market over the past few years, focusing heavily on technological advancement and sustainability.

    Future Outlook

    US Chip on board LED Market Future Outlook

    The chip on-board-led market is projected to grow at a 16.24% CAGR from 2024 to 2035, driven by technological advancements and increasing demand for energy-efficient lighting solutions.

    New opportunities lie in:

    • Development of smart lighting systems for urban infrastructure
    • Integration of chip on-board LEDs in automotive applications
    • Expansion into renewable energy sectors with solar-powered LED solutions

    By 2035, the market is expected to achieve substantial growth, driven by innovation and diverse applications.

    Market Segmentation

    US Chip on board LED Market Material Outlook

    • MCPCB
    • Ceramic

    US Chip on board LED Market Application Outlook

    • General Lighting
    • Backlighting
    • Automotive Lighting

    Report Scope

    MARKET SIZE 2024 543.9(USD Million)
    MARKET SIZE 2025 632.23(USD Million)
    MARKET SIZE 2035 2847.5(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 16.24% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Osram (DE), Nichia (JP), Cree (US), Samsung (KR), Philips (NL), LG Innotek (KR), Seoul Semiconductor (KR), Everlight Electronics (TW), Lite-On Technology (TW)
    Segments Covered Material, Application
    Key Market Opportunities Integration of advanced materials enhances efficiency in the chip on-board-led market.
    Key Market Dynamics Technological advancements drive innovation in the chip on-board-led market, enhancing efficiency and performance.
    Countries Covered US

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    FAQs

    What is the expected market size of the US Chip On Board LED Market in 2024?

    The US Chip On Board LED Market is expected to be valued at 750.0 million USD in 2024.

    What is the projected market value of the US Chip On Board LED Market by 2035?

    By 2035, the market is projected to reach a value of 4500.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the US Chip On Board LED Market from 2025 to 2035?

    The expected CAGR for the market during this period is 17.69%.

    What is the market value for MCPCB in the US Chip On Board LED Market for the year 2024?

    The market value for MCPCB in 2024 is anticipated to be 300.0 million USD.

    What will be the market size for Ceramic materials in the US Chip On Board LED Market by 2035?

    The market for Ceramic materials is projected to reach 2700.0 million USD by 2035.

    Who are the key players in the US Chip On Board LED Market?

    Major players in the market include companies such as Nichia, LiteOn, Everlight, and Samsung.

    What are the growth drivers for the US Chip On Board LED Market?

    The growth drivers include increasing demand for high-efficiency lighting solutions and advancements in LED technology.

    Are there any significant challenges currently faced by the US Chip On Board LED Market?

    The market faces challenges such as fluctuating raw material prices and intense competition among major players.

    What key applications are driving the growth of the US Chip On Board LED Market?

    Key applications include general lighting, automotive lighting, and backlighting for displays.

    How has the current global scenario impacted the US Chip On Board LED Market?

    The global scenario has influenced supply chains and demand dynamics within the Chip On Board LED Market.

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