New Study: Global Light Emitting Diode Packaging Equipment Market 2016-2020

The numerous benefits of LED lights have aided their growth traction among end-users. They are preferred over incandescent bulbs and compact fluorescent lamps (CFLs) as they are energy efficient (they consume almost 75% less energy than other bulbs) and have a long lifespan (which is pegged at 60,000 hours, compared to 1,500 hours of incandescent bulbs and 8,000 hours of CFLs). These features are the main reasons for the continued growth of LED lights, which are also known as green lighting systems.

Technavio's analysts forecast the global light emitting diode (LED) packaging equipment market to grow at a CAGR of 1.51% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global light emitting diode (LED) packaging equipment market for 2016-2020. To calculate the market size, Technavio considers revenue generated from the sale of LED packaging equipment for the following applications:

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* Die singulation
* Die attach
* Substrate separation
* Permanent bonding
* LED package testing

The market is divided into the following segments based on geography:

* Americas
* APAC
* EMEA

Technavio's report, Global Light Emitting Diode (LED) Packaging Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

* ASM Pacific Tech
* BESI
* Kulicke & Soffa
* Palomar Technologies
* TOWA

Other prominent vendors

* Daitron
* DISCO
* Nordson ASYMTEK
* SUSS MicroTec AG

Market driver

* Demand for enhanced display functionality in devices
* For a full, detailed list, view our report

Market challenge

* Cyclical nature of semiconductor market
* For a full, detailed list, view our report

Market trend

* Emergence of COB technology
* For a full, detailed list, view our report

Key questions answered in this report

* What will the market size be in 2020 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ASM Pacific Tech, BESI, Kulicke & Soffa, Palomar Technologies, TOWA, Daitron, DISCO, Nordson ASYMTEK, SUSS MicroTec AG

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