Albany, NY -- (SBWIRE) -- 02/10/2017 -- The fact that excessive use of energy for lighting is the main contributor to global warming has led to the adoption of energy-efficient technologies, such as LED lighting, by countries worldwide.

LED production equipment is required to facilitate mass production of LEDs while maintaining quality. Thus, LED production equipment has a great significance in the LED supply chain. Technology transformations such as node size reduction, large-diameter wafers, and increasing epitaxy capacity need to be supported by LED production equipment. Therefore, the demand for LED production equipment depends on the demand for LEDs.

The global LED production equipment market to grow at a CAGR of 5.5% during the period 2015-2019. The report covers the present scenario and the growth prospects of the global LED production equipment market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the shipment of LED production equipment to LED manufacturers. The report considers the revenue generated from the shipment of LED production by product type namely:

- Front-end processing equipment
- Back-end processing equipment

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Technavio's report, Global LED Production Equipment Market 2015-2019, 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
- Aixtron
- Taiyo Nippon Sanso
- Veeco Instruments

Other prominent vendors
- Jusung Engineering
- Nuflare Technology
- Valence Process Equipment

Market driver
- Increasing demand for LEDs
- For a full, detailed list, view our report

Market challenge
- Slow replacements of traditional lighting systems
- For a full, detailed list, view our report

Market trend
- Strong government support
- For a full, detailed list, view our report

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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?

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