AP NEWS

Global UV LED Technology Market to 2022: Innovations in UV LEDs, Development of New CSP Technology & Transition Toward Large-Sized Wafers - ResearchAndMarkets.com

November 22, 2018

DUBLIN--(BUSINESS WIRE)--Nov 22, 2018--The “Global UV LED Technology Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The UV LED technology market will register a CAGR of over 37% by 2022.

The continuously increasing innovations in the UV LEDs is expected to gain significant traction in the market. The ability of UV LEDs to consume upto 70% less energy than conventional CFLs is expected to encourage vendors in innovating with LEDs owing to features including small size, high durability, high resistance to vibration, and low waste as well as maintenance cost.

Market Overview

Use of UV LED technology in several new applications

The rapidly increasing use of the UV LEDs in different applications including horticulture and spectroscopy owing to their small size for improving system adjustability and shock resistance is resulting in the rapid growth of the market.

High cost of substrate

The overall production cost of UV LEDs is high owing to the high cost of substrates and other materials used for fabricating the UV-A LEDs, in turn, hindering the growth of the market.

Competitive Landscape

The market has a moderately fragmented presence of UV LED technology providers increasingly identifying innovative methods for improving the lifespan of UV LEDs. Vendors are making several advancements in the UV LED Technology domain to gain significant advantage over other competitors.

Executive Summary:

According to the report, one of the major drivers for this market is the continuously increasing uses of UV LED technology in different applications. The latest trend gaining momentum in the market is the innovations in UV LEDs. Vendors are increasingly releasing advanced products for meeting the evolving demands of the consumers. Further, the report states that one of the major factors hindering the growth of this market is the high cost of substrates resulting in higher production costs, eventually leading to the slower adoption of the UV LEDs.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 05: MARKET SIZING

Market definition Market sizing 2017 Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

Overview Comparison by application UV curing - Market size and forecast 2017-2022 Instrumentation and sensing - Market size and forecast 2017-2022 Counterfeit analysis - Market size and forecast 2017-2022 Medical phototherapy - Market size and forecast 2017-2022 Water and air purification - Market size and forecast 2017-2022 Others - Market size and forecast 2017-2022 Market opportunity by application

PART 08: MARKET SEGMENTATION BY TECHNOLOGY

Overview Comparison by technology UV-A - Market size and forecast 2017-2022 UV-B - Market size and forecast 2017-2022 UV-C - Market size and forecast 2017-2022 Market opportunity by technology

PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE

Geographical segmentation Regional comparison APAC - Market size and forecast 2017-2022 EMEA - Market size and forecast 2017-2022 Americas - Market size and forecast 2017-2022 Key leading countries Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

Market drivers Market challenges

PART 13: MARKET TRENDS

Innovations in UV LEDs Development of new CSP technology Transition toward large-sized wafers

PART 14: VENDOR LANDSCAPE

Overview Landscape disruption

PART 15: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors Asahi Kasei LG INNOTEK NICHIA SEMILEDS Seoulviosys

PART 16: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/nxxkrz/global_uv_led?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181122005244/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:LED (Light Emitting Diodes)

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/22/2018 08:56 AM/DISC: 11/22/2018 08:55 AM

http://www.businesswire.com/news/home/20181122005244/en

AP RADIO
Update hourly