The term UV LED refers to a type of light-emitting diode that emits ultraviolet (UV) radiation. This energy can be used for a variety of applications. Whether it’s to disinfect, sterilize, or purify a water supply, the right wavelength is essential for ensuring proper absorption by microorganisms. A common wavelength option is 395 nm, but it’s important to choose the correct UV LED for the needs. One of the biggest advantages of using LED UV is that they work instantly, eliminating the need for a warm-up time that is a common constraint in mercury-vapor lamps. This reduces curing times, increasing capacity and speeding up production.
Market Dynamics:
The increasing adoption of UVLEDs in several industries, such as printing, healthcare, horticulture, and consumer products is expected to drive growth of the global UV LED market over the forecast period. The market is further expected to be boosted by the increasing adoption of this technology in water disinfection and purification systems.
However, high cost of installation of UV LED technology is likely to hinder growth of the global UV LED market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global UV LED market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global UV LED market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include FUJIFILM Business Innovation Corp., Lumileds Holding BV, Heraeus Holding GmbH, Koninklijke Philips NV, CRYSTAL IS Inc. (Asahi Kasei Corporation), Nordson Corporation, EPIGAP Optronic GmbH, Honle UV America Inc. (Honle Group), Semileds Corporation, Seoul Viosys Co. Ltd., and Nichia Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global UV LED market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global UV LED market
Detailed Segmentation:
- Global UV LED Market, By Technology
- Global UV LED Market, By Application
- Optical Sensors and Instrumentation
- Counterfeit Detection
- Sterilization
- UV Curing
- Medical Light Therapy
- Other Applications (Photo Catalytic Purification and Tanning)
- Global UV LED Market, By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Lumileds Holding BV
- Koninklijke Philips NV
- Nordson Corporation
- Honle UV America Inc. (Honle Group)
- Seoul Viosys Co. Ltd
- Nichia Corporation
- Semileds Corporation
- EPIGAP Optronic GmbH
- CRYSTAL IS Inc. (Asahi Kasei Corporation)
- Heraeus Holding GmbH
- FUJIFILM Business Innovation Corp.
