Market Overview:
The global UV-LED light source market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for UV-LED light sources in various applications such as automotive industry, electronic, optoelectronics, medical and printing industry. In addition, the growing demand for energy-efficient and environmentally friendly lighting solutions is also contributing to the growth of this market.
Product Definition:
A UV-LED light source is a device that emits ultraviolet radiation in the form of light. This type of light is often used for curing adhesives, sealants, and coatings. UV-LED light sources are also used for industrial purposes such as detecting counterfeit currency and inspecting products for defects.
Linear Irradiation:
Linear irradiation is a form of non-ionizing radiation used in the semiconductor industry for cleaning and degreasing. UV light source has been widely used in the linear irradiation process due to its high intensity, which is expected to boost market growth over the forecast period.
Spot Irradiation:
Spot irradiation is a method of UV-LED light source treatment, which delivers high energy UV radiation in a very small area. The spot size can be as small as one pixel (one millionth of a meter). This technology is used for the treatment of skin conditions such as warts, psoriasis and lesions. It also helps treat several other medical conditions such as cancer, arthritis and others.
Application Insights:
The application segment is segregated into five parts, namely automotive industry, electronic industry, optoelectronics industry, medical and printing industries. The other applications include food packaging and plastic packaging among others. The UV-LED light source is widely used in the printing industry as it provides precise color rendering while minimizing on the ink consumption. It has also been used in security documents to prevent forgery as it contains a unique pattern recognition feature that makes it easy to identify a fake document.
In terms of revenue, the automotive application dominated North America with over 24% share in 2017 owing to increasing demand for LED headlights across all vehicle types including cars/light commercial vehicles (LCVs), buses/midibus and heavy trucks among others.
Regional Analysis:
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to the increasing demand for UV-LED light sources from various end-use industries, such as printing, electronic, and others. The region is expected to grow at a CAGR of XX% during the forecast period. This can be attributed to rising investments in R&D activities for developing cost-effective products with high efficiency and low consumption of energy.
North America held a substantial share in 2016 due to growing adoption across several applications including medical & healthcare, automotive industry, and others. The U.S., being one of the most lucrative markets across this region has witnessed an increase in demand from different application segments including electronics & telecommunication sector which has led into an increase in investment opportunities for companies operating within this space over past few years resulting into increased product penetration within North America region by 2030 calendar year).
Growth Factors:
- Increasing demand for UV-LED light sources in the medical and cosmetic industries
- Growing popularity of LED technology over traditional lighting sources
- Rising awareness about the benefits of UV-LED light therapy
- Proliferation of online platforms that offer information and advice on using UV-LED light therapy for various applications
- Advances in LED technology that result in more powerful and efficient UV-LED light sources
Scope Of The Report
Report Attributes
Report Details
Report Title
UV-LED Light Source Market Research Report
By Type
Linear Irradiation, Spot Irradiation, Surface Irradiation
By Application
Automotive Industry, Electronic, Optoelectronics, Medical, Printing Industry, Others
By Companies
Hamamatsu Photonics, Ushio Inc, KYOCERA Corporation, Phoseon Technology, Iwasaki Electric, Newport, UV Messtechnik Opsytec Dr. Gröbel GmbH, CCS Inc, OptoPrecision GmbH, UVATA Corporation, OPAS UV Curing Corporation, STREPPEL, Primelite GmbH, U-TECHNOLOGY Co., Ltd., Dymax, UV Light Enterprise Co., Ltd, AITEC SYSTEM, Iuvot Suzhou, Shenzhen Height-LED Opto-electronics Technology, Auvcure Suzhou Precision
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global UV-LED Light Source Market Report Segments:
The global UV-LED Light Source market is segmented on the basis of:
Types
Linear Irradiation, Spot Irradiation, Surface Irradiation
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
Automotive Industry, Electronic, Optoelectronics, Medical, Printing Industry, 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:
- Hamamatsu Photonics
- Ushio Inc
- KYOCERA Corporation
- Phoseon Technology
- Iwasaki Electric
- Newport
- UV Messtechnik Opsytec Dr. Gröbel GmbH
- CCS Inc
- OptoPrecision GmbH
- UVATA Corporation
- OPAS UV Curing Corporation
- STREPPEL
- Primelite GmbH
- U-TECHNOLOGY Co., Ltd.
- Dymax
- UV Light Enterprise Co., Ltd
- AITEC SYSTEM
- Iuvot Suzhou
- Shenzhen Height-LED Opto-electronics Technology
- Auvcure Suzhou Precision
Highlights of The UV-LED Light Source 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:
- Linear Irradiation
- Spot Irradiation
- Surface Irradiation
- By Application:
- Automotive Industry
- Electronic
- Optoelectronics
- Medical
- Printing Industry
- 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 Light Source 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:
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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 light sources are a newer type of LED lighting that emits short-wavelength ultraviolet (UV) light. UV-LEDs offer several advantages over other types of LED lights, including greater brightness and longer life.
Some of the major companies in the uv-led light source market are Hamamatsu Photonics, Ushio Inc, KYOCERA Corporation, Phoseon Technology, Iwasaki Electric, Newport, UV Messtechnik Opsytec Dr. Gr¶bel GmbH, CCS Inc, OptoPrecision GmbH, UVATA Corporation, OPAS UV Curing Corporation, STREPPEL, Primelite GmbH, U-TECHNOLOGY Co., Ltd., Dymax, UV Light Enterprise Co., Ltd, AITEC SYSTEM, Iuvot Suzhou, Shenzhen Height-LED Opto-electronics Technology, Auvcure Suzhou Precision.
The uv-led light source market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 UV-LED Light Source 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 Light Source Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 UV-LED Light Source 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 Light Source 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 Light Source Market Size & Forecast, 2020-2028
4.5.1 UV-LED Light Source Market Size and Y-o-Y Growth
4.5.2 UV-LED Light Source Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Linear Irradiation
5.2.2 Spot Irradiation
5.2.3 Surface Irradiation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Electronic
6.2.3 Optoelectronics
6.2.4 Medical
6.2.5 Printing Industry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV-LED Light Source 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 Light Source 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Linear Irradiation
9.6.2 Spot Irradiation
9.6.3 Surface Irradiation
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 Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Electronic
9.10.3 Optoelectronics
9.10.4 Medical
9.10.5 Printing Industry
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Linear Irradiation
10.6.2 Spot Irradiation
10.6.3 Surface Irradiation
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 Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Electronic
10.10.3 Optoelectronics
10.10.4 Medical
10.10.5 Printing Industry
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Linear Irradiation
11.6.2 Spot Irradiation
11.6.3 Surface Irradiation
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 Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Electronic
11.10.3 Optoelectronics
11.10.4 Medical
11.10.5 Printing Industry
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Linear Irradiation
12.6.2 Spot Irradiation
12.6.3 Surface Irradiation
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 Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Electronic
12.10.3 Optoelectronics
12.10.4 Medical
12.10.5 Printing Industry
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Linear Irradiation
13.6.2 Spot Irradiation
13.6.3 Surface Irradiation
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) Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Electronic
13.10.3 Optoelectronics
13.10.4 Medical
13.10.5 Printing Industry
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 Light Source Market: Competitive Dashboard
14.2 Global UV-LED Light Source Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hamamatsu Photonics
14.3.2 Ushio Inc
14.3.3 KYOCERA Corporation
14.3.4 Phoseon Technology
14.3.5 Iwasaki Electric
14.3.6 Newport
14.3.7 UV Messtechnik Opsytec Dr. Gröbel GmbH
14.3.8 CCS Inc
14.3.9 OptoPrecision GmbH
14.3.10 UVATA Corporation
14.3.11 OPAS UV Curing Corporation
14.3.12 STREPPEL
14.3.13 Primelite GmbH
14.3.14 U-TECHNOLOGY Co., Ltd.
14.3.15 Dymax
14.3.16 UV Light Enterprise Co., Ltd
14.3.17 AITEC SYSTEM
14.3.18 Iuvot Suzhou
14.3.19 Shenzhen Height-LED Opto-electronics Technology
14.3.20 Auvcure Suzhou Precision
