UV LED Market Size, Status And Forecast 2025 | Top Players like LG Electronics, Crystal IS, Nichia Corporation, Phoseon Technology, SemiLEDs, Seoul Viosys, Halma, DOWA Electronics Materials, Heraeus Holding

Global UV LED market is expected to grow from US$ 178.4 million in 2016 to US$ 1,311.7 million by 2025 at a CAGR of 24.9% between 2017 and 2025.

UV LEDs are the LED lights that emit ultraviolet beams that is used for a wide array of applications. UV LEDs are the technical advancement for the traditional UV lamps as these UV LEDs offer myriad benefits with respect to environment and alternative technologies. These lights consume relatively less energy and are more durable.

The "Global UV LED Market Analysis to 2025" is a specialized and in-depth study of the UV LED industry with a focus on the global market trend. The report aims to provide an overview of the global UV LED market with detailed market segmentation by parking site, solutions, services, deployment type, and geography. The global  market is expected to witness high growth during the forecast period. The market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

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Top Companies profiled in this report includes, LG Electronics, Inc, Crystal IS, Nichia Corporation, Phoseon Technology, SemiLEDs Corporation, Seoul Viosys Co. Ltd, Halma PLC., DOWA Electronics Materials Co., Ltd Corporation, Heraeus Holding GmbH, Koninklije Philips N.V., among others.

Globally, the way industries function is shifting. All the largest of the industries including automotive, aerospace & defense, retail, healthcare, food & beverages and other manufacturing are adapting novel technologies to meet the transforming consumer and market demands. The manufacturing and services sector across the globe have a distinctive hold over the public imagination. Majority of the industries, make use of UV light for accumulating some of the processes. UV LEDs are majorly used for curing adhesives, laminating and printing, apart from curing the UV LEDs are also primarily used for sterilization and detection of elements that can't be seen with naked eyes.

The report focuses on an in-depth segmentation of UV LED market based by technology, and application. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By application segment UV curing accounted for the largest share of the UV LED market in 2016; whereas, water treatment is expected to grow at the highest CAGR during the forecast period. The growth of the UV LED application in water treatment is majorly attributed towards the ability of LED technology to enable the UV water treatments to be utilized in applications that weren’t available formerly to conventional UV lamps. This has further allowed the remote regions to make use of UV LEDs for waste water treatment and purification.

The UV LED market report aims to provide an overview of global UV LED market with detailed market segmentation. Also, it analyzes the current UV LED market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide PEST analysis of all five regions along with the SWOT analysis for all company profiled in the UV LED market report.

Global UV LED Market - By Technology

UV-A LED
UV-B LED
UV-C LED

Global UV LED Market - By Application

Curing
Medical
Electronic Devices
Water Treatment
Security
Others

Posted by Sameer Joshi on Monday December 10 2018, 2:32 PM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0