Report cover image

UV LED Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Publisher IMARC Services Pvt. Ltd.
Published Mar 18, 2023
Length 145 Pages
SKU # IMRC17854639

Description

UV LED Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global UV LED market size reached US$ 674.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,768.3 Million by 2028, exhibiting a growth rate (CAGR) of 16.1% during 2023-2028.

Ultraviolet (UV) light-emitting diodes (LEDs) are solid-state devices that produce light when an electrical current flows from the positive side to the negative side of the circuit. These diodes are environment friendly as they consume less energy and do not contain harmful mercury and produce ozone. They are widely used in industrial curing of printing, coatings, and adhesives and for biological inactivation, molecular detection, and advanced imaging. At present, improvements in their flux density, stability, and life hours have made UV LEDs a viable solution for replacing conventional UV light sources, such as mercury arc lamps, grid lamps, and hot and cold cathode lamps.

UV LED Market Trends:
With the growing prevalence of coronavirus disease (COVID-19), there is a significant rise in the need for novel disinfection technologies for the surface inactivation of the virus. This represents one of the key factors driving the demand for UV LEDs across the globe. Moreover, technological advances in the manufacturing of solid-state UV devices and the escalating demand for environment-friendly methods of producing optoelectronics are contributing to the market growth. Apart from this, the rising adoption of LED technology for UV curing commercial and industrial materials, such as inks, is positively influencing the use of UV LEDs due to their increased efficiency and low cost of ownership. Furthermore, the emerging trend of miniaturization in consumer electronics is propelling the utilization of UV LEDs around the world. Besides this, the expanding application of UV LEDs, such as deoxyribonucleic acid (DNA) analysis and germicidal for air, surface, and water purification, is anticipated to create lucrative growth opportunities for manufacturers and drive the market in the coming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global UV LED market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, material, application and industry vertical.

Breakup by Type:

UV-A
UV-B
UV-C

Breakup by Material:

Silicon Carbide (SiC)
Gallium Nitride (GaN)
Sapphire
Others

Breakup by Application:

Curing
Disinfection/Purification
Indoor Gardening
Counterfeit Detection
Others

Breakup by Industry Vertical:

Healthcare and Medical
Agriculture
Residential
Industrial
Commercial

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Asahi Kasei Corporation, Dr. Hönle AG, FUJIFILM Corporation, Heraeus Holding GmbH, Koninklijke Philips N.V., Lumileds Holding B.V., Nichia Corporation, Nordson Corporation, Osram Licht AG (ams AG), Phoseon Technology, SemiLEDs Corporation and Seoul Semiconductor Co. Ltd.

Key Questions Answered in This Report

1. What was the size of the global UV LED market in 2022?
2. What is the expected growth rate of the global UV LED market during 2023-2028?
3. What are the key factors driving the global UV LED market?
4. What has been the impact of COVID-19 on the global UV LED market?
5. What is the breakup of the global UV LED market based on the type?
6. What is the breakup of the global UV LED market based on the application?
7. What is the breakup of the global UV LED market based on industry vertical?
8. What are the key regions in the global UV LED market?
9. Who are the key players/companies in the global UV LED market?

Table of Contents

145 Pages
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global UV LED Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 UV-A
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 UV-B
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 UV-C
  6.3.1 Market Trends
  6.3.2 Market Forecast
7 Market Breakup by Material
7.1 Silicon Carbide (SiC)
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Gallium Nitride (GaN)
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Sapphire
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Others
  7.4.1 Market Trends
  7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Curing
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Disinfection/Purification
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Indoor Gardening
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Counterfeit Detection
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Others
  8.5.1 Market Trends
  8.5.2 Market Forecast
9 Market Breakup by Industry Vertical
9.1 Healthcare and Medical
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Agriculture
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Residential
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4 Industrial
  9.4.1 Market Trends
  9.4.2 Market Forecast
9.5 Commercial
  9.5.1 Market Trends
  9.5.2 Market Forecast
10  Market Breakup by Region
10.1 North America
  10.1.1 United States
   10.1.1.1 Market Trends
   10.1.1.2 Market Forecast
  10.1.2 Canada
   10.1.2.1 Market Trends
   10.1.2.2 Market Forecast
10.2 Asia-Pacific
  10.2.1 China
   10.2.1.1 Market Trends
   10.2.1.2 Market Forecast
  10.2.2 Japan
   10.2.2.1 Market Trends
   10.2.2.2 Market Forecast
  10.2.3 India
   10.2.3.1 Market Trends
   10.2.3.2 Market Forecast
  10.2.4 South Korea
   10.2.4.1 Market Trends
   10.2.4.2 Market Forecast
  10.2.5 Australia
   10.2.5.1 Market Trends
   10.2.5.2 Market Forecast
  10.2.6 Indonesia
   10.2.6.1 Market Trends
   10.2.6.2 Market Forecast
  10.2.7 Others
   10.2.7.1 Market Trends
   10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
   10.3.1.1 Market Trends
   10.3.1.2 Market Forecast
  10.3.2 France
   10.3.2.1 Market Trends
   10.3.2.2 Market Forecast
  10.3.3 United Kingdom
   10.3.3.1 Market Trends
   10.3.3.2 Market Forecast
  10.3.4 Italy
   10.3.4.1 Market Trends
   10.3.4.2 Market Forecast
  10.3.5 Spain
   10.3.5.1 Market Trends
   10.3.5.2 Market Forecast
  10.3.6 Russia
   10.3.6.1 Market Trends
   10.3.6.2 Market Forecast
  10.3.7 Others
   10.3.7.1 Market Trends
   10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
   10.4.1.1 Market Trends
   10.4.1.2 Market Forecast
  10.4.2 Mexico
   10.4.2.1 Market Trends
   10.4.2.2 Market Forecast
  10.4.3 Others
   10.4.3.1 Market Trends
   10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast
11  SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14  Price Analysis
15  Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 Asahi Kasei Corporation
   15.3.1.1 Company Overview
   15.3.1.2 Product Portfolio
   15.3.1.3 Financials
   15.3.1.4 SWOT Analysis
  15.3.2 Dr. Hönle AG
   15.3.2.1 Company Overview
   15.3.2.2 Product Portfolio
   15.3.2.3 Financials
  15.3.3 FUJIFILM Corporation
   15.3.3.1 Company Overview
   15.3.3.2 Product Portfolio
   15.3.3.3 Financials
   15.3.3.4 SWOT Analysis
  15.3.4 Heraeus Holding GmbH
   15.3.4.1 Company Overview
   15.3.4.2 Product Portfolio
   15.3.4.3 SWOT Analysis
  15.3.5 Koninklijke Philips N.V.
   15.3.5.1 Company Overview
   15.3.5.2 Product Portfolio
   15.3.5.3 Financials
   15.3.5.4 SWOT Analysis
  15.3.6 Lumileds Holding B.V.
   15.3.6.1 Company Overview
   15.3.6.2 Product Portfolio
  15.3.7 Nichia Corporation
   15.3.7.1 Company Overview
   15.3.7.2 Product Portfolio
  15.3.8 Nordson Corporation
   15.3.8.1 Company Overview
   15.3.8.2 Product Portfolio
   15.3.8.3 Financials
   15.3.8.4 SWOT Analysis
  15.3.9 Osram Licht AG (ams AG)
   15.3.9.1 Company Overview
   15.3.9.2 Product Portfolio
   15.3.9.3 Financials
  15.3.10 Phoseon Technology
   15.3.10.1 Company Overview
   15.3.10.2 Product Portfolio
   15.3.10.3 SWOT Analysis
  15.3.11 SemiLEDs Corporation
   15.3.11.1 Company Overview
   15.3.11.2 Product Portfolio
  15.3.12 Seoul Semiconductor Co. Ltd.
   15.3.12.1 Company Overview
   15.3.12.2 Product Portfolio
   15.3.12.3 Financials

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us