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(IT-NEWSWIRE.COM, December 01, 2017 ) A device that emits ultraviolet light wherein the emitted light can be used for a variety of applications such as purification, medical instruments and security based tools is a UV LED. In the coming years, in a bid to replace mercury vapor lamps, UV-LED A for curing equipment in the medical sector as well as UV-LED C for preparing curing solutions for coating and printing based industrial applications will become the major trends.
Advancing technologies in this arena will drive the market for UV-LEDs to widen their application forte and extend from printing and coating applications to automotive, electronics and the security sectors as well in coming years whereas reasons such as constraints related to the physical properties of the chips used in UV-LEDs act as deterrents to growth of this market. The increasing avenues of applications of UV-LEDs in various industry sectors will bring new opportunities for the players in the market.
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UV LED Market Players:
1. Koninklijke Philips N.V.
2. LG Electronics, Inc.
3. Crystal IS Inc.
4. Nichia Corporation
5. Phoseon Technology
6. SemiLEDs Corporation
7. Seoul Viosys Co. Ltd.
8. Sensor Electronic Technolgy Inc.
9. Halma PLC
10. Heraeus Holding GmBH
Key questions answered in this report
What will the market size be in 2025 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?
View Complete Toc & Report at http://www.theinsightpartners.com/reports/uv-led-market
About The Insight Partners: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
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The Insight Partners
Sameer Joshi
+91 9666111581
sam@theinsightpartners.com
Source: EmailWire.Com
Source: EmailWire.com
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