Market Overview:
The global deep UV LED market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market was valued at US$ 1,362.8 million in 2018 and is projected to reach US$ 3,746.4 million by 2030. AlGaN had the biggest market share of 71% in 2018 while InGaN held a share of 27%. By application, sterilization held the largest share of 38% in 2018 while analytical tools accounted for 21%. Region-wise, North America dominated the global deep UV LED market with a share of 36%, followed by Europe (30%), Asia Pacific (24%), Latin America (5%) and Middle East & Africa (5%). Some of the key players operating in this market are Cree Inc., Nichia Corporation, OSRAM Opto Semiconductors GmbH., LG Innotek Co Ltd., Samsung Electronics Co Ltd.
Product Definition:
A deep ultraviolet LED is a type of LED that emits light in the deep ultraviolet range. This type of LED is often used for various industrial and scientific applications, such as fluorescence detection and photolithography.
AlGaN:
AlGaN is short for Aluminum Gallium Nitride. It is a compound of Ga and N along with some other elements such as Al, Si, and Ge. The material has high thermal conductivity & heat capacity which helps in keeping the LED's temperature under control during operation at higher intensities. Also it has better mechanical properties than silicon carbide or gallium phosphate which are widely used in commercial LED chips today.
InGaN:
Deep Ultraviolet (UV) LED is a type of semiconductor lighting device that emits light with wavelengths between 200nm to280nm. InGaN is an alloy of gallium and nitrogen which acts as a laser material when exposed to ultraviolet radiation.
Application Insights:
The demand for deep UV LED is expected to witness significant growth owing to its applications in sterilization, analytical tools, water treatment and others. The sterilization segment dominated the global market with a revenue share of over 40% in 2018. Deep-UV radiation is widely used for killing bacteria and viruses that are present on surfaces such as surgical instruments, medical devices, glassware and other equipment.
Regional Analysis:
The market in Asia Pacific is expected to grow at the highest CAGR of XX% over the forecast period, owing to rapid industrialization and increasing adoption of UV light for water treatment and sterilization. The growing medical tourism industry in emerging countries such as India, China, Malaysia, Thailand will further boost demand for deep UV LED lighting solutions over the forecast period.
In addition to this, rising awareness regarding health & hygiene maintenance among consumers is anticipated to fuel product demand in developed economies such as U.S., Germany and U.K., thereby augmenting regional growth significantly over the next eight years (2030). North America region accounted for a significant revenue share due to high penetration rates of deep UV LEDs used across various applications including analytical tools (spectroscopy), surgical equipment (endoscopes) and pharmaceuticals (labeling).
Growth Factors:
- Increasing demand for UV curing in various end-use industries such as printing, medical devices, and adhesives.
- Growing popularity of LED technology over traditional mercury lamps owing to its energy efficiency and longer life span.
- Proliferation of flat panel displays and rising demand for semiconductor lithography in the electronics industry.
- Rising awareness about the harmful effects of mercury emissions from traditional UV lamps and growing adoption of Deep UV LEDs as a replacement source thereof.
Scope Of The Report
Report Attributes
Report Details
Report Title
Deep UV LED Market Research Report
By Type
AlGaN, InGaN, Other, AlGaN had the biggest market share of 71% in 2018.
By Application
Sterilization, Analytical Tools, Water Treatment, Other
By Companies
Crystal IS, Stanley, NIKKISO, Seoul Viosys, Honlitronics, LG Innotek, DOWA Electronics, San’an, Lite-on, Nitride, Qingdao Jason, NationStar, High Power Lighting Corp, Lextar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Deep UV LED Market Report Segments:
The global Deep UV LED market is segmented on the basis of:
Types
AlGaN, InGaN, Other, AlGaN had the biggest market share of 71% in 2018.
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sterilization, Analytical Tools, Water Treatment, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Crystal IS
- Stanley
- NIKKISO
- Seoul Viosys
- Honlitronics
- LG Innotek
- DOWA Electronics
- San’an
- Lite-on
- Nitride
- Qingdao Jason
- NationStar
- High Power Lighting Corp
- Lextar
Highlights of The Deep UV LED Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AlGaN
- InGaN
- Other
- AlGaN had the biggest market share of 71% in 2018.
- By Application:
- Sterilization
- Analytical Tools
- Water Treatment
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Deep UV LED Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Deep UV LED is a type of LED that emits light in the ultraviolet range. This type of LED is often used in lighting applications where high output and long life are important, such as outdoor lighting and signage.
Some of the major players in the deep uv led market are Crystal IS, Stanley, NIKKISO, Seoul Viosys, Honlitronics, LG Innotek, DOWA Electronics, San¢â‚¬â„¢an, Lite-on, Nitride, Qingdao Jason, NationStar, High Power Lighting Corp, Lextar.
The deep uv led market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Deep UV LED Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Deep UV LED Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Deep UV LED Market - Supply Chain
4.5. Global Deep UV LED Market Forecast
4.5.1. Deep UV LED Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Deep UV LED Market Size (000 Units) and Y-o-Y Growth
4.5.3. Deep UV LED Market Absolute $ Opportunity
5. Global Deep UV LED Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Deep UV LED Market Size and Volume Forecast by Type
5.3.1. AlGaN
5.3.2. InGaN
5.3.3. Other
5.3.4. AlGaN had the biggest market share of 71% in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Deep UV LED Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Deep UV LED Market Size and Volume Forecast by Application
6.3.1. Sterilization
6.3.2. Analytical Tools
6.3.3. Water Treatment
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Deep UV LED Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Deep UV LED Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Deep UV LED Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Deep UV LED Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Deep UV LED Demand Share Forecast, 2019-2026
9. North America Deep UV LED Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Deep UV LED Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Deep UV LED Market Size and Volume Forecast by Application
9.4.1. Sterilization
9.4.2. Analytical Tools
9.4.3. Water Treatment
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Deep UV LED Market Size and Volume Forecast by Type
9.7.1. AlGaN
9.7.2. InGaN
9.7.3. Other
9.7.4. AlGaN had the biggest market share of 71% in 2018.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Deep UV LED Demand Share Forecast, 2019-2026
10. Latin America Deep UV LED Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Deep UV LED Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Deep UV LED Market Size and Volume Forecast by Application
10.4.1. Sterilization
10.4.2. Analytical Tools
10.4.3. Water Treatment
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Deep UV LED Market Size and Volume Forecast by Type
10.7.1. AlGaN
10.7.2. InGaN
10.7.3. Other
10.7.4. AlGaN had the biggest market share of 71% in 2018.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Deep UV LED Demand Share Forecast, 2019-2026
11. Europe Deep UV LED Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Deep UV LED Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Deep UV LED Market Size and Volume Forecast by Application
11.4.1. Sterilization
11.4.2. Analytical Tools
11.4.3. Water Treatment
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Deep UV LED Market Size and Volume Forecast by Type
11.7.1. AlGaN
11.7.2. InGaN
11.7.3. Other
11.7.4. AlGaN had the biggest market share of 71% in 2018.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Proections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Deep UV LED Demand Share, 2019-2026
12. Asia Pacific Deep UV LED Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Deep UV LED Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Deep UV LED Market Size and Volume Forecast by Application
12.4.1. Sterilization
12.4.2. Analytical Tools
12.4.3. Water Treatment
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Deep UV LED Market Size and Volume Forecast by Type
12.7.1. AlGaN
12.7.2. InGaN
12.7.3. Other
12.7.4. AlGaN had the biggest market share of 71% in 2018.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Deep UV LED Demand Share, 2019-2026
13. Middle East & Africa Deep UV LED Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Deep UV LED Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Deep UV LED Market Size and Volume Forecast by Application
13.4.1. Sterilization
13.4.2. Analytical Tools
13.4.3. Water Treatment
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Deep UV LED Market Size and Volume Forecast by Type
13.7.1. AlGaN
13.7.2. InGaN
13.7.3. Other
13.7.4. AlGaN had the biggest market share of 71% in 2018.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Deep UV LED Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Deep UV LED Market: Market Share Analysis
14.2. Deep UV LED Distributors and Customers
14.3. Deep UV LED Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Crystal IS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Stanley
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NIKKISO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Seoul Viosys
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Honlitronics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LG Innotek
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DOWA Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sanan
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lite-on
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nitride
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Qingdao Jason
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. NationStar
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. High Power Lighting Corp
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Lextar
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
