Global LED Production Equipment Market 2015-2019
Market outlook of the LED production equipment market
Technavio’s market research analyst has estimated the LED production equipment market to exhibit steady growth during the forecast period. Increasing government support for the production and sale of LEDs, declining prices of LED lamps and fixtures, and increasing demand for LEDs from the residential sector are some of the significant factors that promote market growth during the forecast period. These factors bolster the prospects for growth in this market and results in its modest CAGR of almost 6% by 2019.
Increasing focus on capacity expansion is the key driver for the growth of this market. Due to the high global demand for LEDs, many existing LED facilities are planning to increase their production capacities. This helps the vendors to sustain themselves in the market as the expansion of production capacities will help them to cater to the increasing demand from customers.
Production-based segmentation and analysis of - front-end & back-end equipment
In this market analysis, analysts estimate the back-end equipment segment to account for more than 61% of the total market share by 2019. Recent increase in the number of LED manufacturers is a critical factor that promotes the prospects for growth in this segment during the forecast period.
The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
- Front-end equipment
- Back-end equipment
Geographical segmentation of the LED production equipment market
The APAC region is expected to dominate over all the other regions during the forecast period and is followed by the Americas and the EMEA region. This region is envisaged to account for more than 88% of the total market share by 2019 and factors like the presence of prominent vendors in this region are expected to result in its profound revenue-generating capacity during the forecast period.
Competitive landscape and key vendors: Aixtron, Taiyo Nippon Sanso
This market is moderately competitive and is dominated by a few large vendors like Aixtron. Vendors in this market compete on the basis of factors like innovative technological features, price, reputation, distribution, and global brand presence. New vendors that enter this market are expected to rapidly gain traction as they have the ability to competitively price their products.
Key vendors in this market are -
- Taiyo Nippon Sanso
- Veeco Instruments
Other prominent vendors in this market are Jusung Engineering, Nuflare Technology, and Valence Process Equipment.
Key questions answered in the report include
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the LED production equipment market?
- What are the key market trends impacting the growth of the LED production equipment market?
- What are the challenges to market growth?
- Who are the key vendors in the LED production equipment market?
- What are the market opportunities and threats faced by the vendors in the LED production equipment market?
- Trending factors influencing the market shares of APAC, EMEA, and the Americas?
- What are the key outcomes of the five forces analysis of the LED production equipment market?
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