Ultraviolet LED Technology Market, Global Outlook and Forecast 2023-2032
An LED is a semiconductor device/light source that emits visible light or infrared light when an electric charge passes through it. LEDs are primarily used in indicator lamps and for other types of lighting such as that used in billboard signs, TV remotes, and brake lights of vehicles. Initially, LEDs would only emit a low-intensity red light. Currently, however, LEDs are available across the visible, ultraviolet, and infrared wavelengths. They work on the principle of electroluminescence, wherein the color of illumination is determined by the energy band gap of the semiconductor. A UV LED displays an ultraviolet light; its wavelength is less than 400 nm.?
This report aims to provide a comprehensive presentation of the global market for Ultraviolet LED Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ultraviolet LED Technology. This report contains market size and forecasts of Ultraviolet LED Technology in global, including the following market information:
Global Ultraviolet LED Technology Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Ultraviolet LED Technology market was valued at US$ 111.4 million in 2022 and is projected to reach US$ 428.3 million by 2029, at a CAGR of 21.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The UV LED market is expected to grow with new applications such as disinfection, that is, air and water purification system which works on UV-C technology. New technological advancements such as replacement of mercury lamp, flux density, and high performance with the high wavelength are also fostering the growth of the UV LED market. One of the emerging trends with respect to the industrial application of UV LED is the growing demand for UV curing solutions that integrates coating, printing, and adhesives and the evolution of UV lamps to UV LED.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Ultraviolet LED Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ultraviolet LED Technology Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Ultraviolet LED Technology Market Segment Percentages, by Type, 2022 (%)
UVA
UVB
UVC
Global Ultraviolet LED Technology Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Ultraviolet LED Technology Market Segment Percentages, by Application, 2022 (%)
Air Purification
Currency Validation
Dental Curing and Teeth Whitening
DNA Gel
Fluorescence Disclosure and Verification
Water Purification
Medical Phototherapy
Global Ultraviolet LED Technology Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Ultraviolet LED Technology Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ultraviolet LED Technology revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Ultraviolet LED Technology revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Crystal
Nichia Corp
Phoseon Technology
SemiLEDs
Sensor Electronic Technology
Seoul Viosys
Outline of Major Chapters:
Chapter 1: Introduces the definition of Ultraviolet LED Technology, market overview.
Chapter 2: Global Ultraviolet LED Technology market size in revenue.
Chapter 3: Detailed analysis of Ultraviolet LED Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Ultraviolet LED Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
