Global High-Speed LED Taping Machine Market Size, Share & Trends Analysis Report, Forecast Period, 2024-2030
Report ID: MS-2118 | Electronics and Semiconductors | Last updated: Dec, 2024 | Formats*:
Description
Table of content
Market Segments
The High-Speed LED Taping Machine market is experiencing robust expansion, with market size projected to increase from (4900 billion) 2023 to (7600 billion) 2030, demonstrating a consistent year-over-year growth rate of 6.5% High-Speed LED Taping Machine Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Semi-automatic High Speed LED Taping Machine, Automatic High Speed LED Taping Machine), by applications (LED Chip Manufacturing, LED Package Testing, Others)
And regions (North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa)) : Industry Forecast and Opportunity Analysis for 2023 - 2030
The worldwide market for high-speed LED taping machines includes research, manufacturing, and installation of specialized equipment that integrates LEDs onto printed circuit boards (PCBs) with the help of adhesive tape. Such machines are vital for the production of numerous electronic gadgets, such as mobile phones, televisions, and automotive lighting.
The growth in the market is due to the rising need for high-speed and accurate LED assembly, especially in the electronics and automotive sectors. Growing sophistication and consumerism have led to the demand for advanced electronic devices, thus calling for reliable LED taping machines.
High-Speed LED Taping Machine Report Highlights
Report Metrics | Details |
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Forecast period | 2019-2030 |
Base Year Of Estimation | 2023 |
Growth Rate | CAGR of 6.5% |
Forecast Value (2030) | USD 7600 billion |
By Product Type | Semi-automatic High Speed LED Taping Machine, Automatic High Speed LED Taping Machine |
Key Market Players |
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By Region |
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High-Speed LED Taping Machine Market Trends
The high-speed LED taping machine market is on the rise owing to the rising need for parameters like speed and automation in LED lighting product manufacture. With the growth of the worldwide LED lighting market, faster and more precise machines are in demand to ease the assembly process for LED lighting products. High-speed taping machines are specifically tailored for the attention-seeking activities that make LED strips’ components to ensure maximum production is realized with minimal workforce required. This pattern is mostly suited to countries with sophisticated systems of production, such as North America, Europe, and parts of Asia. Moreover, the rise in the market is also thanks to the introduction of smart capabilities in the high-speed LED taping machines. For instance, the upgrade of machines has involved the incorporation of IoT, access to the machine remotely, real-time access, and maintenance connections to enable the machine to be up for production optimally. This new method of running business and systems has made the people looking forward to enhancement in these machines, which can give better insights into the machine operations plus the automation of the processes.High-Speed LED Taping Machine Market Leading Players
The key players profiled in the report are AKIM, Chang-Yu Technology, Deep Creation, Hi-Mecha, Hi-Test, Lian Dianzi, Lisu-Led, Manncorp, Nihon Garter, Oriao, PNT, Shibuya Corporation, Sunyi LG, Suzhou Garter, Tokyo Weld, Venison Automation Technology, YAC GarterGrowth Accelerators
The high-speed LED taping machine market has witnessed robust growth owing to the soaring demand for LED lighting in various end-use industries such as automotive, commercial, residential, and industrial. The gradual substitution of conventional light fixtures with LEDs has spurred the need for efficient and effective production approaches, given that the demand for LEDs stems from the longer lifespan and low power usage of these products. High-speed LED taping machines play an important role in the LED strip light production by speeding up the process, increasing accuracy, and improving output, hence facilitating the increasing global consumption of LED displays. On the other hand, another factor driving the high-speed LED taping machine market is the growing development of automation and the manufacturing trend dubbed as Industry 4.0. The existence of these smart and automated solutions in the process of production increased the demand for fast and efficient machines that will help in maximizing productivity and minimizing the workforce costs. These are the reasons for the expansion of the high-speed LED taping machine market, especially in areas with a high concentration of manufacturing activities.High-Speed LED Taping Machine Market Segmentation analysis
The Global High-Speed LED Taping Machine is segmented by Type, Application, and Region. By Type, the market is divided into Distributed Semi-automatic High Speed LED Taping Machine, Automatic High Speed LED Taping Machine . The Application segment categorizes the market based on its usage such as LED Chip Manufacturing, LED Package Testing, Others. Geographically, the market is assessed across key Regions like North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The high-speed LED taping machine market is competitive in nature and comprises both existing players as well as new entrants who have high-efficiency machines specifically designed for LED manufacturing processes. Major companies aim for innovation in their offerings with features such as improved accuracy, increased capacity, and versatility with different types of LEDs. These companies tend to focus on research and development (R&D) in order to enhance the speed, precision, and versatility of their machines, in view of the ever-increasing market for productive LED production lines. Typically, key market players put a strong focus on customer service, tailor-made products, and support assistance after the buying stage of the product in order to compete.Challenges In High-Speed LED Taping Machine Market
There are multiple barriers to growth in the high-speed LED taping machine market, especially high technological advancement and high capital investment. This is because as the machine designers and builders strive to manufacture faster and more efficient machines, advanced technologies such as precision automation and advanced control systems become more imperative. Nonetheless, the high research and development costs for inventing these machines tend to be a hindrance, especially for small and medium enterprises (SMEs) in the sector. In addition, LED taping processes have greatly advanced, increasing the level of difficulty in the processes. This includes the need to work with different LEDs, which come in various sizes. There are challenges in acquiring the required precision in high-speed assembly without compromising the product quality, since the slightest change in the process may cause illness in the finished items. In addition, solutions that are eco-friendly and energy efficient are growing in demand, consequently making it a must for the manufacturers to come up with machines that do not only incorporate speed and accuracy but also adhere to environmental conservation principles.Risks & Prospects in High-Speed LED Taping Machine Market
The expanding market for high-speed LED taping machines has promising growth prospects, owing to the growing number of industries requiring LED lighting. With the global transition to energy-efficient and eco-friendly lighting, manufacturers of LED lights need high-speed taping machines, which are used in making and working with LED strips in bulk for both commercial and residential purposes. The growing penetration of LED technology into automotive, architecture, and consumer electronics, among others, creates a high-niche market for firms able to provide efficient and quicker taping solutions at lower rates. In addition, there is untapped potential in the developed economies, given that urbanization, together with construction, is stimulating the use of these advanced lighting systems. The increasing emphasis on smart lighting systems and the need for the installation of LEDs on machines that, within themselves, are IoTs also encourages high-speed taping machine manufacturers to come up with better and more advanced machines.Key Target Audience
The high-speed LED taping machine market is primarily focused on the companies and organizations engaged in the electronics and illumination sectors, especially those producing LED strips and other related lighting products. Such companies need rapid taping machines that can efficiently handle the process of fixing protective coatings or adhesive tapes on the surfaces of LED parts since this enhances output, uniformity, and quality of products while lowering the labour costs incurred. For example, processors and assemblers of LEDs who are increasing their output levels or competing in cutthroat environments are the biggest clients aspiring for sophisticated and advanced machines that are needed for the supply of LED products.,, Other major segments of the target audience are the providers of automation and machinery equipment to the industries that would require the solutions for high-precision and high-speed manufacturing processes such as automotive, consumer electronics, and household appliances. These industries also incorporate LED components into their products, which makes high-speed taping machines part of the production line.Merger and acquisition
The most recent developments in the high-speed LED taping machine industry indicate that companies are making mergers and acquisitions with an emphasis on the technological enhancement and the market shares. In late 2023, Shibuya Corporation, which deals in semiconductors as well as the LED manufacturing process equipment, revealed that it would purchase ETM520, a modern tape and LED surfer machine. This acquisition is meant to enhance Shibuya's production capacities from the assembling of devices that combine fast processing and advanced sorting technologies for energy-saving LED packages. Thanks to the ETM520 that transfers and inspects at high speed, Shibuya Corporation is well equipped to respond to the changing demands of its clients in the LED industry. In addition, K&S Engineering, a company that offers advanced packaging solutions, purchased Apex Taping Technologies in the beginning of 2024. Such a merger is expected to benefit K&S’s business in that it will add the high-speed taping technology of Apex perishables. With the integration of Apex’s skill set, K&S is now able to provide fuller offerings that serve varying customer needs in different sectors such as automotive and consumer electronics.Table of content
1: Introduction
2: Executive Summary
3: Market Overview
4: High-Speed LED Taping Machine Market by Type
5: High-Speed LED Taping Machine Market by Application / by End Use
6: High-Speed LED Taping Machine Market by Region
8: Company Profiles
9: Analyst Perspective and Conclusion
- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 High-Speed LED Taping Machine- Snapshot
- 2.2 High-Speed LED Taping Machine- Segment Snapshot
- 2.3 High-Speed LED Taping Machine- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: High-Speed LED Taping Machine Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Semi-automatic High Speed LED Taping Machine
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Automatic High Speed LED Taping Machine
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
5: High-Speed LED Taping Machine Market by Application / by End Use
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 LED Chip Manufacturing
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 LED Package Testing
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Others
- 5.4.1 Key market trends, factors driving growth, and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
6: High-Speed LED Taping Machine Market by Region
- 6.1 Overview
- 6.1.1 Market size and forecast By Region
- 6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 Market size and forecast, by Type
- 6.2.3 Market size and forecast, by Application
- 6.2.4 Market size and forecast, by country
- 6.2.4.1 United States
- 6.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.1.2 Market size and forecast, by Type
- 6.2.4.1.3 Market size and forecast, by Application
- 6.2.4.2 Canada
- 6.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.2.2 Market size and forecast, by Type
- 6.2.4.2.3 Market size and forecast, by Application
- 6.2.4.3 Mexico
- 6.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.3.2 Market size and forecast, by Type
- 6.2.4.3.3 Market size and forecast, by Application
- 6.2.4.1 United States
- 6.3 South America
- 6.3.1 Key trends and opportunities
- 6.3.2 Market size and forecast, by Type
- 6.3.3 Market size and forecast, by Application
- 6.3.4 Market size and forecast, by country
- 6.3.4.1 Brazil
- 6.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.1.2 Market size and forecast, by Type
- 6.3.4.1.3 Market size and forecast, by Application
- 6.3.4.2 Argentina
- 6.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.2.2 Market size and forecast, by Type
- 6.3.4.2.3 Market size and forecast, by Application
- 6.3.4.3 Chile
- 6.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.3.2 Market size and forecast, by Type
- 6.3.4.3.3 Market size and forecast, by Application
- 6.3.4.4 Rest of South America
- 6.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.4.2 Market size and forecast, by Type
- 6.3.4.4.3 Market size and forecast, by Application
- 6.3.4.1 Brazil
- 6.4 Europe
- 6.4.1 Key trends and opportunities
- 6.4.2 Market size and forecast, by Type
- 6.4.3 Market size and forecast, by Application
- 6.4.4 Market size and forecast, by country
- 6.4.4.1 Germany
- 6.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.1.2 Market size and forecast, by Type
- 6.4.4.1.3 Market size and forecast, by Application
- 6.4.4.2 France
- 6.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.2.2 Market size and forecast, by Type
- 6.4.4.2.3 Market size and forecast, by Application
- 6.4.4.3 Italy
- 6.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.3.2 Market size and forecast, by Type
- 6.4.4.3.3 Market size and forecast, by Application
- 6.4.4.4 United Kingdom
- 6.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.4.2 Market size and forecast, by Type
- 6.4.4.4.3 Market size and forecast, by Application
- 6.4.4.5 Benelux
- 6.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.5.2 Market size and forecast, by Type
- 6.4.4.5.3 Market size and forecast, by Application
- 6.4.4.6 Nordics
- 6.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.6.2 Market size and forecast, by Type
- 6.4.4.6.3 Market size and forecast, by Application
- 6.4.4.7 Rest of Europe
- 6.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.7.2 Market size and forecast, by Type
- 6.4.4.7.3 Market size and forecast, by Application
- 6.4.4.1 Germany
- 6.5 Asia Pacific
- 6.5.1 Key trends and opportunities
- 6.5.2 Market size and forecast, by Type
- 6.5.3 Market size and forecast, by Application
- 6.5.4 Market size and forecast, by country
- 6.5.4.1 China
- 6.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.1.2 Market size and forecast, by Type
- 6.5.4.1.3 Market size and forecast, by Application
- 6.5.4.2 Japan
- 6.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.2.2 Market size and forecast, by Type
- 6.5.4.2.3 Market size and forecast, by Application
- 6.5.4.3 India
- 6.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.3.2 Market size and forecast, by Type
- 6.5.4.3.3 Market size and forecast, by Application
- 6.5.4.4 South Korea
- 6.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.4.2 Market size and forecast, by Type
- 6.5.4.4.3 Market size and forecast, by Application
- 6.5.4.5 Australia
- 6.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.5.2 Market size and forecast, by Type
- 6.5.4.5.3 Market size and forecast, by Application
- 6.5.4.6 Southeast Asia
- 6.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.6.2 Market size and forecast, by Type
- 6.5.4.6.3 Market size and forecast, by Application
- 6.5.4.7 Rest of Asia-Pacific
- 6.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.7.2 Market size and forecast, by Type
- 6.5.4.7.3 Market size and forecast, by Application
- 6.5.4.1 China
- 6.6 MEA
- 6.6.1 Key trends and opportunities
- 6.6.2 Market size and forecast, by Type
- 6.6.3 Market size and forecast, by Application
- 6.6.4 Market size and forecast, by country
- 6.6.4.1 Middle East
- 6.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.1.2 Market size and forecast, by Type
- 6.6.4.1.3 Market size and forecast, by Application
- 6.6.4.2 Africa
- 6.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.2.2 Market size and forecast, by Type
- 6.6.4.2.3 Market size and forecast, by Application
- 6.6.4.1 Middle East
- 7.1 Overview
- 7.2 Key Winning Strategies
- 7.3 Top 10 Players: Product Mapping
- 7.4 Competitive Analysis Dashboard
- 7.5 Market Competition Heatmap
- 7.6 Leading Player Positions, 2022
8: Company Profiles
- 8.1 AKIM
- 8.1.1 Company Overview
- 8.1.2 Key Executives
- 8.1.3 Company snapshot
- 8.1.4 Active Business Divisions
- 8.1.5 Product portfolio
- 8.1.6 Business performance
- 8.1.7 Major Strategic Initiatives and Developments
- 8.2 Chang-Yu Technology
- 8.2.1 Company Overview
- 8.2.2 Key Executives
- 8.2.3 Company snapshot
- 8.2.4 Active Business Divisions
- 8.2.5 Product portfolio
- 8.2.6 Business performance
- 8.2.7 Major Strategic Initiatives and Developments
- 8.3 Deep Creation
- 8.3.1 Company Overview
- 8.3.2 Key Executives
- 8.3.3 Company snapshot
- 8.3.4 Active Business Divisions
- 8.3.5 Product portfolio
- 8.3.6 Business performance
- 8.3.7 Major Strategic Initiatives and Developments
- 8.4 Hi-Mecha
- 8.4.1 Company Overview
- 8.4.2 Key Executives
- 8.4.3 Company snapshot
- 8.4.4 Active Business Divisions
- 8.4.5 Product portfolio
- 8.4.6 Business performance
- 8.4.7 Major Strategic Initiatives and Developments
- 8.5 Hi-Test
- 8.5.1 Company Overview
- 8.5.2 Key Executives
- 8.5.3 Company snapshot
- 8.5.4 Active Business Divisions
- 8.5.5 Product portfolio
- 8.5.6 Business performance
- 8.5.7 Major Strategic Initiatives and Developments
- 8.6 Lian Dianzi
- 8.6.1 Company Overview
- 8.6.2 Key Executives
- 8.6.3 Company snapshot
- 8.6.4 Active Business Divisions
- 8.6.5 Product portfolio
- 8.6.6 Business performance
- 8.6.7 Major Strategic Initiatives and Developments
- 8.7 Lisu-Led
- 8.7.1 Company Overview
- 8.7.2 Key Executives
- 8.7.3 Company snapshot
- 8.7.4 Active Business Divisions
- 8.7.5 Product portfolio
- 8.7.6 Business performance
- 8.7.7 Major Strategic Initiatives and Developments
- 8.8 Manncorp
- 8.8.1 Company Overview
- 8.8.2 Key Executives
- 8.8.3 Company snapshot
- 8.8.4 Active Business Divisions
- 8.8.5 Product portfolio
- 8.8.6 Business performance
- 8.8.7 Major Strategic Initiatives and Developments
- 8.9 Nihon Garter
- 8.9.1 Company Overview
- 8.9.2 Key Executives
- 8.9.3 Company snapshot
- 8.9.4 Active Business Divisions
- 8.9.5 Product portfolio
- 8.9.6 Business performance
- 8.9.7 Major Strategic Initiatives and Developments
- 8.10 Oriao
- 8.10.1 Company Overview
- 8.10.2 Key Executives
- 8.10.3 Company snapshot
- 8.10.4 Active Business Divisions
- 8.10.5 Product portfolio
- 8.10.6 Business performance
- 8.10.7 Major Strategic Initiatives and Developments
- 8.11 PNT
- 8.11.1 Company Overview
- 8.11.2 Key Executives
- 8.11.3 Company snapshot
- 8.11.4 Active Business Divisions
- 8.11.5 Product portfolio
- 8.11.6 Business performance
- 8.11.7 Major Strategic Initiatives and Developments
- 8.12 Shibuya Corporation
- 8.12.1 Company Overview
- 8.12.2 Key Executives
- 8.12.3 Company snapshot
- 8.12.4 Active Business Divisions
- 8.12.5 Product portfolio
- 8.12.6 Business performance
- 8.12.7 Major Strategic Initiatives and Developments
- 8.13 Sunyi LG
- 8.13.1 Company Overview
- 8.13.2 Key Executives
- 8.13.3 Company snapshot
- 8.13.4 Active Business Divisions
- 8.13.5 Product portfolio
- 8.13.6 Business performance
- 8.13.7 Major Strategic Initiatives and Developments
- 8.14 Suzhou Garter
- 8.14.1 Company Overview
- 8.14.2 Key Executives
- 8.14.3 Company snapshot
- 8.14.4 Active Business Divisions
- 8.14.5 Product portfolio
- 8.14.6 Business performance
- 8.14.7 Major Strategic Initiatives and Developments
- 8.15 Tokyo Weld
- 8.15.1 Company Overview
- 8.15.2 Key Executives
- 8.15.3 Company snapshot
- 8.15.4 Active Business Divisions
- 8.15.5 Product portfolio
- 8.15.6 Business performance
- 8.15.7 Major Strategic Initiatives and Developments
- 8.16 Venison Automation Technology
- 8.16.1 Company Overview
- 8.16.2 Key Executives
- 8.16.3 Company snapshot
- 8.16.4 Active Business Divisions
- 8.16.5 Product portfolio
- 8.16.6 Business performance
- 8.16.7 Major Strategic Initiatives and Developments
- 8.17 YAC Garter
- 8.17.1 Company Overview
- 8.17.2 Key Executives
- 8.17.3 Company snapshot
- 8.17.4 Active Business Divisions
- 8.17.5 Product portfolio
- 8.17.6 Business performance
- 8.17.7 Major Strategic Initiatives and Developments
9: Analyst Perspective and Conclusion
- 9.1 Concluding Recommendations and Analysis
- 9.2 Strategies for Market Potential
Scope of Report
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