Market Overview:
The global UV LED technology 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 technology in various applications such as medical, water purification, air purification, and others. In addition, the growing awareness about the benefits of using UV LED technology is also contributing to the growth of this market. The global UV LED technology market by type is segmented into UVA, UVB, and UVC segments.
Product Definition:
UV LED technology is a type of LED that emits ultraviolet radiation. This radiation is used for a variety of purposes, including curing adhesives, printing inks, and sterilizing surfaces. UV LEDs are important because they offer high-intensity ultraviolet radiation while using less energy than traditional UV lamps.
UVA:
Ultraviolet LED (UVA) is a part of the electromagnetic spectrum with wavelengths between 200 nm to 400 nm. UVA can be produced by two methods, either by using a high-pressure discharge plasma or an electric arc.
UVB:
UVA is the measure of exposure to UV light and it's used in the calculation of sunscreen dose. UVB is the measure of exposure to UV-A light and it's used in calculating tanning lamps dose. The moreUVB,the deeper your tan will be; while high UVA,means higher chances for skin cancer.
Application Insights:
The market is segmented by application into UV curing, medical, water purification, air purification and others. The UV curing application dominated the overall industry in terms of revenue in 2017. This can be attributed to the growing demand for plastics from various industries such as automotive and construction among others.
Plastic is a composite material made up of organic compounds such as polymers along with minerals such as carbonates, sulfates and oxides etc., These are used in manufacturing different products including household items like containers for food & beverages along with industrial components that include pipes & fittings used across several end-use industries including oil & gas and electricals among others. The growth of these end-use industries has been significantly affected by factors such as increasing population coupled with urbanization leading to an increase in disposable income which has positively influenced product demand globally over recent years.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period owing to increasing awareness regarding the benefits of UV LEDs and growing adoption in industrial, medical, and architectural applications. The region accounted for more than 30% revenue share in 2017.
Europe was one of the largest regional markets for global UV LED technology with major demand coming from Germany, Italy, France, U.K., Spain among other countries due to high architectural projects such as new buildings or renovation projects which are anticipated to drive product demand across this region during the forecast period.
Asia Pacific is projected to be one of fastest-growing regions with China being a major contributor due to rapid urbanization along with growing construction industry coupled with rising awareness about energy conservation resulting into increased adoption across end-use industries such as medical curing lighting equipment manufacturing companies located at ChinaUVLEDs official website www.uvledsguidechina.
Growth Factors:
- Increasing demand for UV LED in curing and printing applications
- Growing popularity of LED-based UV curing systems over traditional mercury-vapor lamps
- Rising demand for energy-efficient and environmentally friendly lighting solutions
- Proliferation of flat panel displays and semiconductor lithography systems that use UV LEDs as light sources 5. Emerging applications such as water disinfection, food safety, and air purification
Scope Of The Report
Report Attributes
Report Details
Report Title
UV LED Technology Market Research Report
By Type
UVA, UVB, UVC
By Application
UV Curing, Medical, Water Purification, Air Purification, Others
By Companies
Hexatech, Crystal IS, LG Innotek, SemiLEDs, Nichia, Philips Lumileds, Honle Group, Panasonic, Phoseon, Sensor Electronics Technology, Hexatech, Integration Technology, Lextar Electronic, Luminus Devices, Nitride Semiconductors, Nordson, Advanced Optoelectronic Technology, Dowa Electronics Material, Heraeus Holding
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global UV LED Technology Market Report Segments:
The global UV LED Technology market is segmented on the basis of:
Types
UVA, UVB, UVC
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
UV Curing, Medical, Water Purification, Air Purification, 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:
- Hexatech
- Crystal IS
- LG Innotek
- SemiLEDs
- Nichia
- Philips Lumileds
- Honle Group
- Panasonic
- Phoseon
- Sensor Electronics Technology
- Hexatech
- Integration Technology
- Lextar Electronic
- Luminus Devices
- Nitride Semiconductors
- Nordson
- Advanced Optoelectronic Technology
- Dowa Electronics Material
- Heraeus Holding
Highlights of The UV LED Technology 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:
- UVA
- UVB
- UVC
- By Application:
- UV Curing
- Medical
- Water Purification
- Air Purification
- 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 Technology 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 technology is a type of LED lighting that uses ultraviolet light to create an intense, white light. This type of LED lighting is often used in outdoor applications because it offers superior brightness and long-term durability compared to other types of LEDs.
Some of the key players operating in the uv led technology market are Hexatech, Crystal IS, LG Innotek, SemiLEDs, Nichia, Philips Lumileds, Honle Group, Panasonic, Phoseon, Sensor Electronics Technology, Hexatech, Integration Technology, Lextar Electronic, Luminus Devices, Nitride Semiconductors, Nordson, Advanced Optoelectronic Technology, Dowa Electronics Material, Heraeus Holding.
The uv led technology 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 Technology 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 Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 UV LED Technology 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 Technology 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 Technology Market Size & Forecast, 2020-2028
4.5.1 UV LED Technology Market Size and Y-o-Y Growth
4.5.2 UV LED Technology 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 UVA
5.2.2 UVB
5.2.3 UVC
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 UV Curing
6.2.2 Medical
6.2.3 Water Purification
6.2.4 Air Purification
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV LED Technology 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 Technology 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 UVA
9.6.2 UVB
9.6.3 UVC
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 UV Curing
9.10.2 Medical
9.10.3 Water Purification
9.10.4 Air Purification
9.10.5 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 UVA
10.6.2 UVB
10.6.3 UVC
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 UV Curing
10.10.2 Medical
10.10.3 Water Purification
10.10.4 Air Purification
10.10.5 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 UVA
11.6.2 UVB
11.6.3 UVC
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 UV Curing
11.10.2 Medical
11.10.3 Water Purification
11.10.4 Air Purification
11.10.5 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 UVA
12.6.2 UVB
12.6.3 UVC
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 UV Curing
12.10.2 Medical
12.10.3 Water Purification
12.10.4 Air Purification
12.10.5 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 UVA
13.6.2 UVB
13.6.3 UVC
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 UV Curing
13.10.2 Medical
13.10.3 Water Purification
13.10.4 Air Purification
13.10.5 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 Technology Market: Competitive Dashboard
14.2 Global UV LED Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hexatech
14.3.2 Crystal IS
14.3.3 LG Innotek
14.3.4 SemiLEDs
14.3.5 Nichia
14.3.6 Philips Lumileds
14.3.7 Honle Group
14.3.8 Panasonic
14.3.9 Phoseon
14.3.10 Sensor Electronics Technology
14.3.11 Hexatech
14.3.12 Integration Technology
14.3.13 Lextar Electronic
14.3.14 Luminus Devices
14.3.15 Nitride Semiconductors
14.3.16 Nordson
14.3.17 Advanced Optoelectronic Technology
14.3.18 Dowa Electronics Material
14.3.19 Heraeus Holding
