Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Global UV LED Market 2012-2016

Global UV LED market: 44% CAGR growth forecast between 2012-16


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-01-30 04:50:04 - Global UV LED Market 2012-2016 - a new market research report on companiesandmarkets.com

The Global Ultraviolet (UV) Light Emitting Diode (LED) market is to grow at a CAGR of 44.3 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption of UV LEDs. The Global UV LED market has also been witnessing the emergence of eco-friendly LEDs. However, issues relating to the commercialization of UV LEDs could pose a challenge to the growth of this market.

One of the main trends witnessed in the Global UV LED market is the rapid technological advancements. The performance and application of UV LEDs is constantly increasing with these advancements. These advancements also provide substantial cost, energy, and space saving opportunities for end-users when compared with the use of

 

 

alternate technologies. The lifespan of UV LEDs has also increased by more than 50,000 hours due to these rapid technological advancements.

One of the main factors driving the market is the increased need for security. Thefts related to the use of counterfeits products, such as counterfeit passports, fake currency notes, and fake casino coins, is rising, due to which there is a need for increased security in places such as casinos, airports, and banks.

One of the main challenges is the unsatisfactory efficiency of lower wavelength applications. In several applications, such as fingerprint identification, medical light therapy, water sterilization, and polymer curing, wavelengths used are very less.

The key vendors dominating this space include Nichia Corp., Phoseon Technology, SemiLEDs Corp., and Sensor Electronic Technology Inc.

The other vendors mentioned are Aquionics Inc., Dot Metrics technologies Inc., Luminus Devices Inc., and Seoul Opto Device Co. Ltd.

Click for report details: www.companiesandmarkets.com/Market/Information-Technology/Market ..

Browse all Information Technology Market Research Reports www.companiesandmarkets.com/Market/Information-Technology/Market ..

Browse all Information Technology Company Profile Reports www.companiesandmarkets.com/Market/Information-Technology/Compan ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com