Wednesday 25 March 2015, Amsterdam
The report recognizes the following companies as the key players in the Global UV LED Market: Crystal IS Inc., Nichia Corp., Phoseon Technology, SemiLEDs Corp., Sensor Electronic Technology Inc. (SETi), Seoul Viosys Co. Ltd.
Other prominent vendors in the market are: Cree, Dot Metrics Technologies, Dowa Electronics Materials, Luminus Devices, Nitride Semiconductors
The report said: “One of the major trends being witnessed in the market is the transition from UV lamps to UV LEDs. This rise in the UV LED adoption rate is because of its compact size, long lifespan, and its eco-friendly nature when compared with UV mercury lamps.”
According to the report, one of the predominant drivers in this market is the increased adoption of UV LEDs in the Global UV Curing market. UV curing is being adopted at a high rate in multiple industries such as the Automotive, Telecommunications, Electronics, Graphic Arts, Metal, Glass, and Plastic Decorating industries.
Further, the report states that one of the key challenges faced by vendors in this market is the high cost of substrates. Substrates such as Aluminum Nitride (AIN) are scarce and very expensive. In addition, alternative substrates are not very effective; two-inch wafers are not widely available and are much more expensive than sapphire substrates.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.