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Global UV LED Market Size, Share & Forecast 2025

Global UV LED market was valued USD 351.20 Million in 2019 and is forecast to grow at CAGR of over 26.12% in the next five years to surpass USD 1350.31 Million through 2025. The global UV LED market is driven by its use for number of growing applications including air and water purification system. In addition to this, eco-friendly composition of UV LED is positively impacting the growth of market during the forecast period. https://bit.ly/3iVq0uz

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Global UV LED Market Size, Share & Forecast 2025

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  1. 2015 – 2025 GLOBAL UV LED MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

  2. Scope of Report Product of Interest (POI): UV LED UV Light Emitting Diodes (LEDs) are a solid-state device that produces light when an electrical current is allowed to flow from the positive (p-type or anode) side of the circuit to the negative (n-type or cathode) side. Market Segmentation TECHNOLOGY APPLICATION Year Range UV-A LED Curing • • UV-B LED Disinfection and Purification • • Review Period UV-C LED Medical • • 2015 – 2018 Security • Others • Base Year REGION 2019 North America • Europe Estimated Year • Middle East & Africa • 2020 Asia-Pacific • South America • Forecast Period 2021 – 2025 2

  3. Table of Contents S. No. Contents Page No. Product Overview (A brief description of the category and product inclusions considered under the scope of the study to give clear picture to the client about the product of interest.) Research Methodology (A brief description of the category and product inclusions considered under the scope of the study to give clear picture to the client about the product of interest.) 1. 2. 3. Executive Summary (This chapter covers summary of the complete study.) 4. Voice of Customer Global UV LED Market Outlook, 2016-2026F (This chapter includes a brief overview of the product of interest market such as total market’s growth rate, expected growth rate, key growth levers, leading region, top grossing product types, etc. It includes more of a qualitative information about the market.) Market Size & Forecast (This chapter would include the market size i.e., the revenue generated from the Global UV LED market in one year. In this case, the market size will be provided in value terms for historic period (2016-2019); current/base year (2020); estimated year (2021E); and forecast (2022-2026) 5. 5.1. 5.1.1. By Value (USD Million) Market Share & Forecast (By Value) (The overall product of interest bifurcated/split among various segments.) 5.2. 5.2.1. By Technology (UV-A LED, UV-B LED and UV-C LED) By Application (Curing, Disinfection and Purification, Medical, Security and Others) 5.2.2. 5.2.3. By Company (2020) 5.2.4. By Region Product Market Map (By Technology) 5.3. 5.4. Product Market Map (By Application) 6. Asia-Pacific UV LED Market Outlook, 2016-2026F 3

  4. Table of Contents S. No. Contents Page No. Market Size & Forecast 6.1. 6.1.1. By Value (USD Million) 6.2. Market Share & Forecast (By Value) 6.2.1. By Technology 6.2.2. By Application 6.2.3. By Country 6.3. Asia Pacific: Country Analysis 6.3.1. India UV LED Market Outlook, 2016-2026F 6.3.1.1. Market Size & Forecast 6.3.1.1.1. By Value (USD Million) 6.3.1.2. Market Share & Forecast (By Value) 6.3.1.2.1. By Technology 6.3.1.2.2. By Application 6.3.2. China UV LED Market Outlook, 2016-2026F 6.3.2.1. Market Size & Forecast 6.3.2.1.1. By Value (USD Million) 6.3.2.2. Market Share & Forecast (By Value) 6.3.2.2.1. By Technology 6.3.2.2.2. By Application 4

  5. Table of Contents S. No. Contents Page No. 6.3.3. Japan UV LED Market Outlook, 2016-2026F 6.3.3.1. Market Size & Forecast 6.3.3.1.1. By Value (USD Million) 6.3.3.2. Market Share & Forecast (By Value) 6.3.3.2.1. By Technology 6.3.3.2.2. By Application 6.3.4. South Korea UV LED Market Outlook, 2016-2026F 6.3.4.1. Market Size & Forecast 6.3.4.1.1. By Value (USD Million) 6.3.4.2. Market Share & Forecast (By Value) 6.3.4.2.1. By Technology 6.3.4.2.2. By Application 6.3.5. Australia UV LED Market Outlook, 2016-2026F 6.3.5.1. Market Size & Forecast 6.3.5.1.1. By Value (USD Million) 6.3.5.2. Market Share & Forecast (By Value) 6.3.5.2.1. By Technology 6.3.5.2.2. By Application 7. Europe UV LED Market Outlook, 2016-2026F 5

  6. Table of Contents S. No. Contents Page No. 7.1. Market Size & Forecast By Value (USD Million) 7.1.1. 7.2. Market Share & Forecast (By Value) 7.2.1. By Technology 7.2.2. By Application 7.2.3. By Country 7.3. Europe : Country Analysis 7.3.1. United Kingdom UV LED Market Outlook, 2016-2026F 7.3.1.1. Market Size & Forecast 7.3.1.1.1. By Value (USD Million) 7.3.1.2. Market Share & Forecast (By Value) 7.3.1.2.1. By Technology 7.3.1.2.2. By Application 7.3.2. Germany UV LED Market Outlook, 2016-2026F 7.3.2.1. Market Size & Forecast 7.3.2.1.1. By Value (USD Million) 7.3.2.2. Market Share & Forecast (By Value) 7.3.2.2.1. By Technology 7.3.2.2.2. By Application 6

  7. Table of Contents S. No. Contents Page No. 7.3.3. France UV LED Market Outlook, 2016-2026F 7.3.3.1. Market Size & Forecast 7.3.3.1.1. By Value (USD Million) 7.3.3.2. Market Share & Forecast (By Value) 7.3.3.2.1. By Technology 7.3.3.2.2. By Application 7.3.4. Italy UV LED Market Outlook, 2016-2026F 7.3.4.1. Market Size & Forecast 7.3.4.1.1. By Value (USD Million) 7.3.4.2. Market Share & Forecast (By Value) 7.3.4.2.1. By Technology 7.3.4.2.2. By Application 7.3.5. Spain UV LED Market Outlook, 2016-2026F 7.3.5.1. Market Size & Forecast 7.3.5.1.1. By Value (USD Million) 7.3.5.2. Market Share & Forecast (By Value) 7.3.5.2.1. By Technology 7.3.5.2.2. By Application 8. North America UV LED Market Outlook, 2016-2026F 7

  8. Table of Contents S. No. Contents Page No. 8.1. Market Size & Forecast By Value (USD Million) 8.1.1. 8.2. Market Share & Forecast (By Value) 8.2.1. By Technology 8.2.2. By Application 8.2.3. By Country 8.3. North America: Country Analysis 8.3.1. United States UV LED Market Outlook, 2016-2026F 8.3.1.1. Market Size & Forecast 8.3.1.1.1. By Value (USD Million) 8.3.1.2. Market Share & Forecast (By Value) 8.3.1.2.1. By Technology 8.3.1.2.2. By Application 8.3.2. Canada UV LED Market Outlook, 2016-2026F 8.3.2.1. Market Size & Forecast 8.3.2.1.1. By Value (USD Million) 8.3.2.2. Market Share & Forecast (By Value) 8.3.2.2.1. By Technology 8.3.2.2.2. By Application 8

  9. Table of Contents S. No. Contents Page No. 8.3.3. Mexico UV LED Market Outlook, 2016-2026F 8.3.3.1. Market Size & Forecast 8.3.3.1.1. By Value (USD Million) 8.3.3.2. Market Share & Forecast (By Value) 8.3.3.2.1. By Technology 8.3.3.2.2. By Application 9. Middle East & Africa UV LED Market Outlook, 2016-2026F 9.1. Market Size & Forecast By Value (USD Million) 9.1.1. 9.2. Market Share & Forecast (By Value) 9.2.1. By Technology 9.2.2. By Application 9.2.3. By Country 9.3. Middle East & Africa: Country Analysis 9.3.1. Saudi Arabia UV LED Market Outlook, 2016-2026F 9.3.1.1. Market Size & Forecast 9.3.1.1.1. By Value (USD Million) 9.3.1.2. Market Share & Forecast (By Value) 9.3.1.2.1. By Technology 9

  10. Table of Contents S. No. Contents Page No. 9.3.1.2.2. By Application 9.3.2. South Africa UV LED Market Outlook, 2016-2026F 9.3.2.1. Market Size & Forecast 9.3.2.1.1. By Value (USD Million) 9.3.2.2. Market Share & Forecast (By Value) 9.3.2.2.1. By Technology 9.3.2.2.2. By Application 9.3.3. UAE UV LED Market Outlook, 2016-2026F 9.3.3.1. Market Size & Forecast 9.3.3.1.1. By Value (USD Million) 9.3.3.2. Market Share & Forecast (By Value) 9.3.3.2.1. By Technology 9.3.3.2.2. By Application 9.3.4. Qatar UV LED Market Outlook, 2016-2026F 9.3.4.1. Market Size & Forecast 9.3.4.1.1. By Value (USD Million) 9.3.4.2. Market Share & Forecast (By Value) 9.3.4.2.1. By Technology 9.3.4.2.2. By Application 10

  11. Table of Contents S. No. Contents Page No. 10. South America UV LED Market Outlook, 2016-2026F 10.1. Market Size & Forecast By Value (USD Million) 10.1.1. 10.2. Market Share & Forecast (By Value) 10.2.1. By Technology 10.2.2. By Application 10.2.3. By Country 10.3. South America: Country Analysis 10.3.1. Brazil UV LED Market Outlook, 2016-2026F 10.3.1.1. Market Size & Forecast 10.3.1.1.1. By Value (USD Million) 10.3.1.2. Market Share & Forecast (By Value) 10.3.1.2.1. By Technology 10.3.1.2.2. By Application 10.3.2. Argentina UV LED Market Outlook, 2016-2026F 10.3.2.1. Market Size & Forecast 10.3.2.1.1. By Value (USD Million) 10.3.2.2. Market Share & Forecast (By Value) 10.3.2.2.1. By Technology 11

  12. Table of Contents S. No. Contents Page No. 10.3.2.2.2. By Application 10.3.3. Colombia UV LED Market Outlook, 2016-2026F 10.3.3.1. Market Size & Forecast 10.3.3.1.1. By Value (USD Million) 10.3.3.2. Market Share & Forecast (By Value) 10.3.3.2.1. By Technology 10.3.3.2.2. By Application 11. Market Dynamics (This chapter assesses the major demand drivers and restraints.) 11.1. Drivers 11.2. Challenges Market Trends & Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms advancements and development) 12. of points of production and consumption, 13. Impact of COVID-19 on Global UV LED Market 14. Competitive Landscape Competition Outlook 14.1. 14.2. Company Profiles (Top 10 Leading Companies) 14.2.1. Company Details 14.2.2. Products & Services 14.2.3. Financials (As Reported) 12

  13. Table of Contents S. No. Contents Page No. 14.2.4. Key Market Focus & Geographical Presence 14.2.5. Recent Developments 14.2.6. Key Management Personnel 14. Strategic Recommendations 15. About Us & Distributor 13

  14. RESEARCH METHODOLOGY

  15. Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in the global UV LED market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the global UV LED market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 15

  16. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the global UV LED market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as less consumption of less energy when compared to mercury lamps. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global UV LED market. Methodology Followed for Calculation of Market Size: Market Size by Value: Market size, in terms of value, for the year 2019 was calculated based on information collected through exhaustive • secondary research and primary surveys, with various key opinion leaders/stakeholders, such as companies, suppliers, distributors, market influencers & end users, industry experts, and other industry participants. The team interviewed more than 15 – 20 companies, 100 – 120 end users, 15 – 20 industry experts and other value chain stakeholders in the global • UV LED market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019. 16

  17. Research Methodology Respondents were asked about the current and future market growth rates, market shares by technology, by application, by each region, and by • company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market shares shares by technology, by application, by each region, and by company were calculated based on the responses received through • primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of UV LED market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global UV LED • market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 17

  18. Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed Key Secondary Sources Seoulviosys Co., Ltd. World Bank ▪ ▪ Nichia Corporation TechSci Research Proprietary Database & Knowledge Repository ▪ ▪ Nitride Semiconductors .Co.,Ltd. Company Annual Reports ▪ ▪ Phoseon Technology Industry Magazines ▪ ▪ LG INNOTEK Industry Reports ▪ ▪ Semileds Corporation News Dailies ▪ ▪ Nordson Corporation Credible Paid Databases ▪ ▪ Lumileds Holding B.V. ▪ Koninklijke Philips N.V. ▪ Crystal IS Inc. ▪ 18

  19. Industry Brief According to TechSci Research report, “Global UV LED Market By Technology (UV-A LED, UV-B LED and UV-C LED), By Application (Curing, Disinfection and Purification, Medical, Security and Others), By Region, Forecast & Opportunities, 2025”, Global UV LED market was valued USD 351.20 Million in 2019 and is forecast to grow at CAGR of over 26.12% in the next five years to surpass USD 1350.31 Million through 2025. UV LED is a device which can generate light when an electric current is allowed to pass through it. The growth of the market is attributed to the widespread adoption of UV LED in various applications including curing, disinfection and purification, medical and others. Additionally, high luminous efficiency of UV LED is further expected to propel the market during forecast period. Furthermore, UV LED consumes less power than mercury lamps and is considered to be more environment friendly option with longer life. Moreover, increasing government support in US and European region is anticipated to positively impact the growth of market. For instance, in November 2018, Acuva Technologies Inc., a Canada based UV-C LED water disinfection technology company, received an investment of USD 2.1 million under Western Innovation (WINN) Initiative of Canadian government in order to support the commercialization and development of company’s UV-C LED based water disinfection technology. The global UV LED market is segmented based on technology, application, region and company. Based on technology, the market can be categorized into UV-A LED, UV-B LED and UV-C LED. Among technologies, UV-A LED dominated the market in 2019 and is anticipated to hold its dominance in the market throughout the forecast period owing to its wide application in UV curing especially in ink, coating and adhesives; counterfeit detection; tanning; etc. Moreover, UV-C LED technology is expected to register the highest growth during forecast period owing to the increase in demand for surface, air and water disinfection and purification. Additionally, during COVID-19, the demand of UV-C LED has increased significantly owing to its ability to sterilize and disinfect surfaces. As a result, South Korea based Seoul Viosys, a subsidiary of Seoul Semiconductor, has witnessed over five folds increase in customer inquiries in February 2020 since January 2020 for its violeds UV LED products which is ideal for sterilization of bacteria. Seoulviosys Co., Ltd., Nichia Corporation, Nitride Semiconductors .Co.,Ltd., Phoseon Technology, LG INNOTEK, Semileds Corporation, Nordson Corporation, Lumileds Holding B.V., Koninklijke Philips N.V. and Crystal IS Inc. are some of the leading players operating in global UV LED market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share. For instance, in September 2019, Phoseon Technology launched a water cooled UV LED named FirePower FP401 wide-web UV curing applications. Moreover, in July 2020, Signify launched portable Philips UV-C Disinfection system in order to effectively inactivate COVID-19 virus. for mid and “North America dominated the global UV LED market in 2019 and is expected to hold its dominance in the market throughout the forecast period, owing to the early adoption and increasing focus on research & development in UV LED in the region. Additionally, presence of large scale manufacturing industries in medical, automotive and electronics among others, which are witnessing significant adoption of UV curing, is further anticipated to spur the market through 2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 19

  20. Sample Data - Snapshot Global UV LED Market Size, By Value (USD Million), 2015-2025F 15.00 14.00 13.00 12.00 11.00 10.00 9.00 8.00 7.00 6.00 5.00 CAGR By Value XX% CAGR By Value YY% 2015 2019 2020E 2025F By Value (USD Million) North America UV LED Market Share, By Technology, By Value, 2015–2025F UV-A LED UV-B LED UV-C LED 35% 35% 30% 2025F 35% 35% 30% 2024F 35% 35% 30% 2023F 35% 35% 30% 2022F 35% 35% 30% 2021F 35% 35% 30% 2020E 35% 35% 30% 2019 35% 35% 30% 2018 35% 35% 30% 2017 35% 35% 30% 2016 35% North America UV LED Market Share, By Application, By Value, 2015–2025F 35% 30% 2015 Curing Disinfection and Purification Medical Security Others 20% 20% 20% 20% 20% 2025F 20% 20% 20% 20% 20% 2024F 20% 20% 20% 20% 20% 2023F 20% 20% 20% 20% 20% 2022F 20% 20% 20% 20% 20% 2021F 20% 20% 20% 20% 20% 2020E 20% 20% 20% 20% 20% 2019 20% 20% 20% 20% 20% 2018 20% 20% 20% 20% 20% 2017 20% 20% 20% 20% 20% 2016 20% 20% 20% 20% 20% 2015 20

  21. Report Ordering Report Name: GLOBAL UV LED MARKET FORECAST & OPPORTUNITIES 2015 – 2025 License Type Price Single User License $4450 Multi-User License $5450 Custom Research License $9450 To View Sample OR Purchase Report 21

  22. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports India LED Lighting Market By Type (LED Bulbs & Lamps, Batten Lights, Downlights, etc.), By End Use Sector (Commercial, Residential, etc.), By Application (Outdoor Lighting, Indoor Lighting, etc.), Competition Forecast & Opportunities, 2012–2022 • Global LED Packaging Market, By Package Type (Chip Scale Package (CSP), Surface Mount Device Package (SMD), Chip on Board Package (COB) and Others), By Packaging Material (Lead Frames, Substrates, Ceramic Packages, etc.), By Applications (General Lighting, Automotive Lighting, etc.), By Company, By Region, Forecast & Opportunities, 2013-2023 • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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