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UV LED Market worth 369.58 Million USD by 2020

(Medical-NewsWire.com, November 21, 2016 ) Browse 74 tables and 103 figures spread through 177 Pages and in-depth TOC on "UV LED Market - Global Forecast to 2020"

http://www.marketsandmarkets.com/Market-Reports/uv-led-market-143107738.html



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Ultra-violet LED (UV LED) is a device which emits UV radiation having wavelength of less than 400nm and has integrated features such as compactness, superior performance, and cost effectiveness. It provides products in almost all segments where high performance and proper safety is required. It plays a crucial role in many applications such as curing, disinfection, phototherapy, equipment sterilization, printing, forensic, and so on. The consumers’ demand for UV LED is expected to increase rapidly in the next five years owing to the availability of technologically advanced UV LED devices, increased demand for UVA and UVC products, and their increasing utility in the disinfection and curing applications.



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Some of the big technology giants have entered the UV LED market recently. For example, Nordson Corporation (U.S.) acquired Dima Group B.V. (Netherlands) in September 2014, Nichia developed its own deep UV LEDs in March 2015, Panacol-Elosol GmbH, subsidiary of Dr. Honle AG and SKC Co. Ltd. (South Korea) entered into agreement in which both the parties would establish a joint enterprise in Korea in order to sell, market, and develop adhesive products, Seoul Viosys launched viophoton technology for the first time which is utilized for the purification of air/water/surface with the help of functional photons of specific energy. Apart from these, many other companies are waiting for the right opportunity to enter the UV LED market.



This report describes the market trends, drivers, and challenges with respect to the UV LED market, and forecasts the market size between 2015 and 2020, segmented on the basis of technology, application, and geography. This report provides a detailed view of the market across the regions of North America (the U.S., Canada, and Mexico), Europe (the U.K., Germany, France, and the Rest of Europe), Asia-Pacific (Japan, China, Taiwan, South Korea, Rest of APAC), and the RoW (Middle East & Africa and South America).



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The competitive landscape of the market shows a number of new product launches, agreements & partnerships across the value chain, with a number of major players around the globe.



Major players in the UV LED market include LG Electronics Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Honle Group (Germany), Nordson Corporation (U.S.), SemiLEDs Corporation (Taiwan), and other companies such as Halma Plc (U.K.), Heraeus Holding GmbH (Germany), Crystal IS Inc. (U.S.), Seoul Viosys Co, Ltd. (South Korea), Sensor Electronics Technology Inc. (U.S.), and Nichia Corporation (Japan), and others.



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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.



M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.



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