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Global UV LEDs Market Research Report 2022 (Status and Outlook)

Product Id: 74383

SKU: 61105

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No. of Pages: 122
Published Date: 04-02-2022

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Report Summary

UV LEDs Market

Introduction:

Ultraviolet (UV) light-emitting diodes (LEDs) are semiconductor devices that emit light in the ultraviolet region of the electromagnetic spectrum. UV light falls between visible light and X-rays in terms of wavelength, typically ranging from around 10 nanometers (nm) to 400 nm. UV light is invisible to the human eye, but it has numerous practical applications in various fields.

Market Analysis:

The UV LED market has been experiencing significant growth due to the expanding range of applications across various industries, including water and air purification, healthcare, industrial processes, agriculture, and consumer electronics.

Drivers:

  1. Energy Efficiency and Environmental Concerns: UV LEDs are known for their energy efficiency and reduced environmental impact. Unlike traditional UV lamps that contain mercury, UV LEDs are mercury-free and consume less energy. This resonates with the growing global focus on sustainability and eco-friendly technologies, driving the adoption of UV LEDs in various applications.
  2. Health and Hygiene Awareness: The COVID-19 pandemic highlighted the importance of effective disinfection and sterilization methods. UV-C LEDs, with their ability to inactivate viruses, bacteria, and other pathogens, gained significant attention for air and water purification, as well as surface disinfection in healthcare facilities, public spaces, and homes.

Restraints:

  1. Cost and Affordability: UV LEDs, particularly those in the UV-C range, could be more expensive to produce compared to traditional UV lamps. This higher upfront cost could limit their adoption in price-sensitive markets or applications.
  2. Wavelength Precision and Uniformity: Achieving precise and uniform wavelengths across UV LEDs, especially in the UV-C range, was a technical challenge. Inconsistent wavelength output could affect the effectiveness of applications such as disinfection.

Description

UV LEDs Market

Introduction:

Ultraviolet (UV) light-emitting diodes (LEDs) are semiconductor devices that emit light in the ultraviolet region of the electromagnetic spectrum. UV light falls between visible light and X-rays in terms of wavelength, typically ranging from around 10 nanometers (nm) to 400 nm. UV light is invisible to the human eye, but it has numerous practical applications in various fields.

Market Analysis:

The UV LED market has been experiencing significant growth due to the expanding range of applications across various industries, including water and air purification, healthcare, industrial processes, agriculture, and consumer electronics.

Drivers:

  1. Energy Efficiency and Environmental Concerns: UV LEDs are known for their energy efficiency and reduced environmental impact. Unlike traditional UV lamps that contain mercury, UV LEDs are mercury-free and consume less energy. This resonates with the growing global focus on sustainability and eco-friendly technologies, driving the adoption of UV LEDs in various applications.
  2. Health and Hygiene Awareness: The COVID-19 pandemic highlighted the importance of effective disinfection and sterilization methods. UV-C LEDs, with their ability to inactivate viruses, bacteria, and other pathogens, gained significant attention for air and water purification, as well as surface disinfection in healthcare facilities, public spaces, and homes.

Restraints:

  1. Cost and Affordability: UV LEDs, particularly those in the UV-C range, could be more expensive to produce compared to traditional UV lamps. This higher upfront cost could limit their adoption in price-sensitive markets or applications.
  2. Wavelength Precision and Uniformity: Achieving precise and uniform wavelengths across UV LEDs, especially in the UV-C range, was a technical challenge. Inconsistent wavelength output could affect the effectiveness of applications such as disinfection.

Summary

Report Overview:
UV-LED is a kind of LED.Below the visible spectrum lies a band of wavelengths called ultraviolet (UV).Ranging from 100 to 400 nm,the radiation can effectively be used to sterilization,perform forensic analysis,cure materials and disinfect water,among many other applications.
The Global UV LEDs Market Size was estimated at USD 1255.42 million in 2021 and is projected to reach USD 13840.94 million by 2028, exhibiting a CAGR of 40.90% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global UV LEDs market covering all its essential aspects. This ranges from macro-overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps to shape the competition within the industries and strategies to the competitive environment in order to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of Global UV LEDs Market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the UV LEDs market in any manner.
Global UV LEDs Market: Market Segmentation Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Market segmentation creates subsets of a market based on product type, end user or application, Geographic, and other factor. By understanding the market segments, decision maker can leverage this targeting in product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
LG Innotek
Nichia
Philips Lumileds
Seoul Viosys
Stanley
Honle Group
Crystal IS
NIKKISO
Honglitronic
HonleTech
High Power Lighting Corp
SemiLEDS Corporation
DOWA Electronics
Lextar
InvenLux Optoelectronics
High Power Lighting Corp

Market Segmentation (by Type)
UV-A LED
UV-B LED
UV-C LED

Market Segmentation (by Application)
Curing
Analytic Tools
Sterilization and Disinfection
Others

Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Biobased Transformer Oil Market
• Overview of the regional outlook of the Biobased Transformer Oil Market:

Key Reasons to Buy this Report:
• Access to up to date statistics compiled by our own researchers. These provide you with historical and forecast data, which is analysed to tell you why your market is set to change
• This enables you to anticipate market changes in order to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentation or other strategic documents
• The concise analysis, clear graph and table format will enable you to pin point the information your require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
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Table of Content

TABLE OF CONTENTS

1 Research Methodology and Statistical Scope 1

1.1 Market Definition and Statistical Scope of UV LEDs 1

1.2 Key Market Segments 1

1.2.1 UV LEDs Segment by Type 1

1.2.2 UV LEDs Segment by Application 2

1.3 Methodology & Sources of Information 3

1.3.1 Research Methodology 3

1.3.2 Research Process 4

1.3.3 Market Breakdown and Data Triangulation 5

1.3.4 Base Year 5

1.3.5 Report Assumptions & Caveats 6

2 UV LEDs Market Overview 8

2.1 Global Market Overview 8

2.1.1 Global UV LEDs Market Size (M USD) Estimates and Forecasts (2017-2028) 8

2.1.2 Global UV LEDs Sales Estimates and Forecasts (2017-2028) 9

2.2 Market Segment Executive Summary 9

2.3 Global Market Size by Region 11

3 UV LEDs Market Competitive Landscape 13

3.1 Global UV LEDs Sales by Manufacturers (2017-2022) 13

3.2 Global UV LEDs Revenue Market Share by Manufacturers (2017-2022) 15

3.3 UV LEDs Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 16

3.4 Global UV LEDs Average Price by Manufacturers (2017-2022) 17

3.5 Manufacturers UV LEDs Sales Sites, Area Served, Product Type 18

3.6 UV LEDs Market Competitive Situation and Trends 19

3.6.1 UV LEDs Market Concentration Rate 19

3.6.2 Global 5 and 10 Largest UV LEDs Players Market Share by Revenue 21

3.6.3 Mergers & Acquisitions, Expansion 21

4 UV LEDs Industry Chain Analysis 22

4.1 UV LEDs Industry Chain Analysis 22

4.2 Market Overview and Market Concentration Analysis of Key Raw Materials 22

4.3 Midstream Market Analysis 23

4.4 Downstream Customer Analysis 23

5 The Development and Dynamics of UV LEDs Market 25

5.1 Key Development Trends 25

5.2 Driving Factors 25

5.3 Market Challenges 25

5.4 Market Restraints 26

5.5 Industry News 26

5.5.1 New Product Developments 26

5.5.2 Mergers & Acquisitions 26

5.5.3 Expansions 26

5.5.4 Collaboration/Supply Contracts 26

5.6 Industry Policies 26

6 UV LEDs Market Segmentation by Type 27

6.1 Evaluation Matrix of Segment Market Development Potential (Type) 27

6.2 Global UV LEDs Sales Market Share by Type (2017-2022) 28

6.3 Global UV LEDs Market Size Market Share by Type (2017-2022) 29

6.4 Global UV LEDs Price by Type (2017-2022) 30

7 UV LEDs Market Segmentation by Application 31

7.1 Evaluation Matrix of Segment Market Development Potential (Application) 31

7.2 Global UV LEDs Market Sales by Application (2017-2022) 32

7.3 Global UV LEDs Market Size (M USD) by Application (2017-2022) 33

7.4 Global UV LEDs Sales Growth Rate by Application (2017-2022) 34

8 UV LEDs Market Segmentation by Region 35

8.1 Global UV LEDs Sales by Region 35

8.1.1 Global UV LEDs Sales by Region 35

8.1.2 Global UV LEDs Sales Market Share by Region 35

8.2 North America 36

8.2.1 North America UV LEDs Sales by Country 36

8.2.2 U.S. 37

8.2.3 Canada 37

8.2.4 Mexico 37

8.3 Europe 37

8.3.1 Europe UV LEDs Sales by Country 38

8.3.2 Germany 38

8.3.3 France 38

8.3.4 U.K. 38

8.3.5 Italy 39

8.3.6 Russia 39

8.4 Asia Pacific 39

8.4.1 Asia Pacific UV LEDs Sales by Region 39

8.4.2 China 40

8.4.3 Japan 40

8.4.4 South Korea 40

8.4.5 India 40

8.4.6 Southeast Asia 40

8.5 South America 40

8.5.1 South America UV LEDs Sales by Country 41

8.5.2 Brazil 41

8.5.3 Argentina 41

8.5.4 Columbia 41

8.6 Middle East and Africa 41

8.6.1 Middle East and Africa UV LEDs Sales by Region 42

8.6.2 Saudi Arabia 42

8.6.3 UAE 42

8.6.4 Egypt 42

8.6.5 Nigeria 43

8.6.6 South Africa 43

9 Key Companies Profiled 44

9.1 LG Innotek 44

9.1.1 LG Innotek UV LEDs Basic Information 44

9.1.2 LG Innotek UV LEDs Product Overview 44

9.1.3 LG Innotek UV LEDs Product Market Performance 44

9.1.4 LG Innotek Business Overview 45

9.1.5 LG Innotek UV LEDs SWOT Analysis 45

9.1.6 LG Innotek Recent Developments 45

9.2 Nichia 46

9.2.1 Nichia UV LEDs Basic Information 46

9.2.2 Nichia UV LEDs Product Overview 46

9.2.3 Nichia UV LEDs Product Market Performance 46

9.2.4 Nichia Business Overview 47

9.2.5 Nichia UV LEDs SWOT Analysis 47

9.2.6 Nichia Recent Developments 47

9.3 Philips Lumileds 47

9.3.1 Philips Lumileds UV LEDs Basic Information 47

9.3.2 Philips Lumileds UV LEDs Product Overview 48

9.3.3 Philips Lumileds UV LEDs Product Market Performance 48

9.3.4 Philips Lumileds Business Overview 48

9.3.5 Philips Lumileds UV LEDs SWOT Analysis 49

9.3.6 Philips Lumileds Recent Developments 49

9.4 Seoul Viosys 49

9.4.1 Seoul Viosys UV LEDs Basic Information 49

9.4.2 Seoul Viosys UV LEDs Product Overview 50

9.4.3 Seoul Viosys UV LEDs Product Market Performance 50

9.4.4 Seoul Viosys Business Overview 50

9.4.5 Seoul Viosys UV LEDs SWOT Analysis 50

9.4.6 Seoul Viosys Recent Developments 51

9.5 Stanley 51

9.5.1 Stanley UV LEDs Basic Information 51

9.5.2 Stanley UV LEDs Product Overview 51

9.5.3 Stanley UV LEDs Product Market Performance 52

9.5.4 Stanley Business Overview 52

9.5.5 Stanley UV LEDs SWOT Analysis 52

9.5.6 Stanley Recent Developments 52

9.6 Honle Group 53

9.6.1 Honle Group UV LEDs Basic Information 53

9.6.2 Honle Group UV LEDs Product Overview 53

9.6.3 Honle Group UV LEDs Product Market Performance 53

9.6.4 Honle Group Business Overview 54

9.6.5 Honle Group Recent Developments 54

9.7 Crystal IS 54

9.7.1 Crystal IS UV LEDs Basic Information 54

9.7.2 Crystal IS UV LEDs Product Overview 55

9.7.3 Crystal IS UV LEDs Product Market Performance 55

9.7.4 Crystal IS Business Overview 55

9.7.5 Crystal IS Recent Developments 55

9.8 NIKKISO 56

9.8.1 NIKKISO UV LEDs Basic Information 56

9.8.2 NIKKISO UV LEDs Product Overview 56

9.8.3 NIKKISO UV LEDs Product Market Performance 56

9.8.4 NIKKISO Business Overview 57

9.8.5 NIKKISO Recent Developments 57

9.9 Honglitronic 57

9.9.1 Honglitronic UV LEDs Basic Information 57

9.9.2 Honglitronic UV LEDs Product Overview 58

9.9.3 Honglitronic UV LEDs Product Market Performance 58

9.9.4 Honglitronic Business Overview 58

9.9.5 Honglitronic Recent Developments 58

9.10 HonleTech 59

9.10.1 HonleTech UV LEDs Basic Information 59

9.10.2 HonleTech UV LEDs Product Overview 59

9.10.3 HonleTech UV LEDs Product Market Performance 59

9.10.4 HonleTech Business Overview 60

9.10.5 HonleTech Recent Developments 60

9.11 High Power Lighting Corp 60

9.11.1 High Power Lighting Corp UV LEDs Basic Information 60

9.11.2 High Power Lighting Corp UV LEDs Product Overview 61

9.11.3 High Power Lighting Corp UV LEDs Product Market Performance 61

9.11.4 High Power Lighting Corp Business Overview 61

9.11.5 High Power Lighting Corp Recent Developments 61

9.12 SemiLEDS Corporation 62

9.12.1 SemiLEDS Corporation UV LEDs Basic Information 62

9.12.2 SemiLEDS Corporation UV LEDs Product Overview 62

9.12.3 SemiLEDS Corporation UV LEDs Product Market Performance 62

9.12.4 SemiLEDS Corporation Business Overview 63

9.12.5 SemiLEDS Corporation Recent Developments 63

9.13 DOWA Electronics 63

9.13.1 DOWA Electronics UV LEDs Basic Information 63

9.13.2 DOWA Electronics UV LEDs Product Overview 64

9.13.3 DOWA Electronics UV LEDs Product Market Performance 64

9.13.4 DOWA Electronics Business Overview 64

9.13.5 DOWA Electronics Recent Developments 64

9.14 Lextar 65

9.14.1 Lextar UV LEDs Basic Information 65

9.14.2 Lextar UV LEDs Product Overview 65

9.14.3 Lextar UV LEDs Product Market Performance 65

9.14.4 Lextar Business Overview 66

9.14.5 Lextar Recent Developments 66

9.15 InvenLux Optoelectronics 66

9.15.1 InvenLux Optoelectronics UV LEDs Basic Information 66

9.15.2 InvenLux Optoelectronics UV LEDs Product Overview 67

9.15.3 InvenLux Optoelectronics UV LEDs Product Market Performance 67

9.15.4 InvenLux Optoelectronics Business Overview 67

9.15.5 InvenLux Optoelectronics Recent Developments 67

9.16 High Power Lighting Corp 68

9.16.1 High Power Lighting Corp UV LEDs Basic Information 68

9.16.2 High Power Lighting Corp UV LEDs Product Overview 68

9.16.3 High Power Lighting Corp UV LEDs Product Market Performance 68

9.16.4 High Power Lighting Corp Business Overview 69

9.16.5 High Power Lighting Corp Recent Developments 69

10 UV LEDs Market Forecast by Region 106

10.1 Global UV LEDs Market Size Forecast 106

10.2 Global UV LEDs Market Forecast by Region 106

10.2.1 North America Market Size Forecast by Country 107

10.2.2 Europe UV LEDs Market Size Forecast by Country 108

10.2.3 Asia Pacific UV LEDs Market Size Forecast by Region 108

10.2.4 South America UV LEDs Market Size Forecast by Country 109

10.2.5 Middle East and Africa Forecasted Consumption of UV LEDs by Country 109

11 Forecast Market by Type and by Application (2022-2028) 111

11.1 Global UV LEDs Market Forecast by Type (2022-2028) 111

11.1.1 Global Forecasted Sales of UV LEDs by Type (2022-2028) 111

11.1.2 Global UV LEDs Market Size Forecast by Type (2022-2028) 111

11.1.3 Global Forecasted Price of UV LEDs by Type (2022-2028) 112

11.2 Global UV LEDs Market Forecast by Application (2022-2028) 112

11.2.1 Global UV LEDs Sales (K Units) Forecast by Application 112

11.2.2 Global UV LEDs Market Size (M USD) Forecast by Application (2022-2028) 113

12 Conclusion and Key Findings 114

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