Market Overview:
The global UV LED chips market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for UV LED chips in various applications such as biomedical science, disinfection equipment, military, anti-counterfeiting equipment, photo curing and others. In addition, the growing awareness about the benefits of using UV LED chips is also contributing to the growth of this market.
Product Definition:
UV LED Chips are semiconductor devices that emit ultraviolet light. They are used in a variety of applications, including counterfeit detection, medical diagnostics, and water purification. UV LED Chips are important because they provide a reliable and efficient way to generate ultraviolet light.
UVC LED Chips:
UVC LED chips are the latest technology in lighting. They have higher efficiency, better color mixing and they can be used under a wide range of temperatures. The major advantage of using UVC LED chips is that they do not require any additional cooling mechanism like other chip-based lightings which makes them more energy-efficient as well as cost effective.
UVBLED Chips:
UVBLED chips are ultra-thin pieces of glass that are coated with a thin layer of titanium. The coating allows the chip to absorb UV light and convert it into heat, which is then radiated by the LED on the other side.
The major advantage of using UVBLED chips over regular LEDs is their size and weight; they are much smaller in size as compared to regular LEDs, thus can be easily integrated into any product without significantly affecting its performance or quality.
Application Insights:
The application segment is segregated into seven sub-segments, namely biomedical science, disinfection equipment, military & defense applications, anti counterfeiting equipment, photo curing and others. The photo curing segment is anticipated to witness the fastest growth over the forecast period owing to its rising use in various end-use industries such as medical devices and pharmaceuticals.
Disinfection Equipment was one of the major application segments accounted for over 30% of market share in 2017 due to its high demand worldwide. The growing global healthcare industry along with government initiatives are expected to boost product demand globally. Photo Curing UV LEDs are used for disinfecting surfaces that need total or partial sterilization including hospital floors, surgical instruments and even patient¢â‚¬â„¢s skin before any medical procedure or surgery by using a shortwave UVB/C wavelength (254 nm).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to various factors such as increasing demand for UV LEDs from major application sectors and rising awareness about their benefits among end-users. Moreover, presence of key manufacturers in this region has led to increased adoption of these lights across several industries including healthcare, disinfection equipment manufacturing, military & defense, anti counterfeiting devices manufacturing and others.
Asia Pacific is anticipated to emerge as the fastest growing regional market during the same period owing to rapid developments witnessed in countries like China and India along with other Southeast Asian nations regarding technological advancements relatedto lighting solutions coupled with increasing investments by major LED chip manufacturers for expanding their businesses within this region at a significant pace over next eight years will drive industry growth further resulting into lucrative opportunities for vendors operating within Asia Pacific region which will subsequently boost overall revenue generation capacity enabling it gain substantial share both globally.
Growth Factors:
- Increasing demand for UV LED Chips in the medical and healthcare sector for disinfection and sterilization purposes.
- Growing demand from the automotive industry for UV LED Chips in counterfeit detection, car part inspection, and other applications.
- Rising demand from the consumer electronics sector for UV LED Chips in product authentication, anti-theft protection, and other applications.
- Increasing use of UV LED Chips in water treatment plants to disinfect water supplies and kill harmful microorganisms 5
Scope Of The Report
Report Attributes
Report Details
Report Title
UV LED Chips Market Research Report
By Type
UVC LED Chips, UVBLED Chips, UVA LED Chips
By Application
Biomedical Science, Disinfection Equipment, Military, Anti Counterfeiting Equipment, Photo Curing, Others
By Companies
Seoul Semiconductor, NICHIA, Photon Wave Co, Nitride, Light Avenue, Marktech Optoelectronics, Learnew, LatticePower, ANN SEMIC, San'an Optoelectronics Co, NATIONSTAR, Epitop, Shenzhen Riseen
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global UV LED Chips Market Report Segments:
The global UV LED Chips market is segmented on the basis of:
Types
UVC LED Chips, UVBLED Chips, UVA LED Chips
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
Biomedical Science, Disinfection Equipment, Military, Anti Counterfeiting Equipment, Photo Curing, Others
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:
- Seoul Semiconductor
- NICHIA
- Photon Wave Co
- Nitride
- Light Avenue
- Marktech Optoelectronics
- Learnew
- LatticePower
- ANN SEMIC
- San'an Optoelectronics Co
- NATIONSTAR
- Epitop
- Shenzhen Riseen
Highlights of The UV LED Chips 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:
- UVC LED Chips
- UVBLED Chips
- UVA LED Chips
- By Application:
- Biomedical Science
- Disinfection Equipment
- Military
- Anti Counterfeiting Equipment
- Photo Curing
- Others
- 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 UV LED Chips 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?
UV LED Chips are chips that emit ultraviolet light. They are used in products such as sunglasses, lamps, and watches to help protect the user's eyes from the sun.
Some of the key players operating in the uv led chips market are Seoul Semiconductor, NICHIA, Photon Wave Co, Nitride, Light Avenue, Marktech Optoelectronics, Learnew, LatticePower, ANN SEMIC, San'an Optoelectronics Co, NATIONSTAR, Epitop, Shenzhen Riseen.
The uv led chips market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 UV LED Chips Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 UV LED Chips Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 UV LED Chips Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the UV LED Chips Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global UV LED Chips Market Size & Forecast, 2018-2028 4.5.1 UV LED Chips Market Size and Y-o-Y Growth 4.5.2 UV LED Chips Market Absolute $ Opportunity
Chapter 5 Global UV LED Chips Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 UV LED Chips Market Size Forecast by Type
5.2.1 UVC LED Chips
5.2.2 UVBLED Chips
5.2.3 UVA LED Chips
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global UV LED Chips Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 UV LED Chips Market Size Forecast by Applications
6.2.1 Biomedical Science
6.2.2 Disinfection Equipment
6.2.3 Military
6.2.4 Anti Counterfeiting Equipment
6.2.5 Photo Curing
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV LED Chips Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 UV LED Chips Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America UV LED Chips Analysis and Forecast
9.1 Introduction
9.2 North America UV LED Chips Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America UV LED Chips Market Size Forecast by Type
9.6.1 UVC LED Chips
9.6.2 UVBLED Chips
9.6.3 UVA LED Chips
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America UV LED Chips Market Size Forecast by Applications
9.10.1 Biomedical Science
9.10.2 Disinfection Equipment
9.10.3 Military
9.10.4 Anti Counterfeiting Equipment
9.10.5 Photo Curing
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe UV LED Chips Analysis and Forecast
10.1 Introduction
10.2 Europe UV LED Chips Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe UV LED Chips Market Size Forecast by Type
10.6.1 UVC LED Chips
10.6.2 UVBLED Chips
10.6.3 UVA LED Chips
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe UV LED Chips Market Size Forecast by Applications
10.10.1 Biomedical Science
10.10.2 Disinfection Equipment
10.10.3 Military
10.10.4 Anti Counterfeiting Equipment
10.10.5 Photo Curing
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific UV LED Chips Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific UV LED Chips Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific UV LED Chips Market Size Forecast by Type
11.6.1 UVC LED Chips
11.6.2 UVBLED Chips
11.6.3 UVA LED Chips
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific UV LED Chips Market Size Forecast by Applications
11.10.1 Biomedical Science
11.10.2 Disinfection Equipment
11.10.3 Military
11.10.4 Anti Counterfeiting Equipment
11.10.5 Photo Curing
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America UV LED Chips Analysis and Forecast
12.1 Introduction
12.2 Latin America UV LED Chips Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America UV LED Chips Market Size Forecast by Type
12.6.1 UVC LED Chips
12.6.2 UVBLED Chips
12.6.3 UVA LED Chips
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America UV LED Chips Market Size Forecast by Applications
12.10.1 Biomedical Science
12.10.2 Disinfection Equipment
12.10.3 Military
12.10.4 Anti Counterfeiting Equipment
12.10.5 Photo Curing
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) UV LED Chips Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) UV LED Chips Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) UV LED Chips Market Size Forecast by Type
13.6.1 UVC LED Chips
13.6.2 UVBLED Chips
13.6.3 UVA LED Chips
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) UV LED Chips Market Size Forecast by Applications
13.10.1 Biomedical Science
13.10.2 Disinfection Equipment
13.10.3 Military
13.10.4 Anti Counterfeiting Equipment
13.10.5 Photo Curing
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 UV LED Chips Market: Competitive Dashboard
14.2 Global UV LED Chips Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Seoul Semiconductor
14.3.2 NICHIA
14.3.3 Photon Wave Co
14.3.4 Nitride
14.3.5 Light Avenue
14.3.6 Marktech Optoelectronics
14.3.7 Learnew
14.3.8 LatticePower
14.3.9 ANN SEMIC
14.3.10 San'an Optoelectronics Co
14.3.11 NATIONSTAR
14.3.12 Epitop
14.3.13 Shenzhen Riseen