Global UV LED Technology Market 2016-2020

About Global UV LED Technology Market

The global UV LED technology market is expected to grow at CAGR of 38.72% during 2016-2020. These LEDs find its adoption in a wide range of applications, which are expected to evolve more in the future. UV curing equipment manufacturers were the largest consumer of UV LEDs in 2015, accounting for 90.65% market share.

Technavio’s analysts forecast the global UV LED technology market to grow at a CAGR of 38.72% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global UV LED technology market for 2016-2020. To calculate the market size, the report considers the revenue generated from UV-A LEDs, UV-B LEDs, and UV-C LEDs.

The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW

Technavio's report, Global UV LED Technology Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• HexaTech
• Crystal IS
• LG Innotek
• SemiLEDs
• Nichia
• Philips Lumileds

Other prominent vendors
• Advanced Optoelectronic Technology
• Heraeus Holding
• Honle
• Integration Technology
• Luminus Devices
• Lextar Electronics
• Nordson
• Nitride Semiconductors
• Panasonic
• Phoseon
• Seoul Viosys
• Sensor Electronics Technology

Market driver
• Decline in manufacturing cost of UV LED packages over time
• For a full, detailed list, view our report

Market challenge
• Design and integration issues in manufacturing phase
• For a full, detailed list, view our report

Market trend
• Adoption of UV LEDs in consumer electronics
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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