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UV LED Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global UV LED market reached a value of US$ 572.3 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,531.70 Million by 2027, exhibiting a CAGR of 16.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Ultraviolet (UV) light-emitting diodes (LEDs) are solid-state devices that produce light when an electrical current flows from the positive side to the negative side of the circuit. These diodes are environment friendly as they consume less energy and do not contain harmful mercury and produce ozone. They are widely used in industrial curing of printing, coatings, and adhesives and for biological inactivation, molecular detection, and advanced imaging. At present, improvements in their flux density, stability, and life hours have made UV LEDs a viable solution for replacing conventional UV light sources, such as mercury arc lamps, grid lamps, and hot and cold cathode lamps. 

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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UV LED Market Trends:

With the growing prevalence of coronavirus disease (COVID-19), there is a significant rise in the need for novel disinfection technologies for the surface inactivation of the virus. This represents one of the key factors driving the demand for UV LEDs across the globe. Moreover, technological advances in the manufacturing of solid-state UV devices and the escalating demand for environment-friendly methods of producing optoelectronics are contributing to the market growth. Apart from this, the rising adoption of LED technology for UV curing commercial and industrial materials, such as inks, is positively influencing the use of UV LEDs due to their increased efficiency and low cost of ownership. Furthermore, the emerging trend of miniaturization in consumer electronics is propelling the utilization of UV LEDs around the world. Besides this, the expanding application of UV LEDs, such as deoxyribonucleic acid (DNA) analysis and germicidal for air, surface, and water purification, is anticipated to create lucrative growth opportunities for manufacturers and drive the market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global UV LED market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, material, application and industry vertical.

Breakup by Type:

  • UV-A
  • UV-B
  • UV-C
     

Breakup by Material:

  • Silicon Carbide (SiC)
  • Gallium Nitride (GaN)
  • Sapphire
  • Others
     

Breakup by Application:

 

 
 

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  • Curing
  • Disinfection/Purification
  • Indoor Gardening
  • Counterfeit Detection
  • Others
     

Breakup by Industry Vertical:

  • Healthcare and Medical
  • Agriculture
  • Residential
  • Industrial
  • Commercial
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Asahi Kasei Corporation, Dr. Hönle AG, FUJIFILM Corporation, Heraeus Holding GmbH, Koninklijke Philips N.V., Lumileds Holding B.V., Nichia Corporation, Nordson Corporation, Osram Licht AG (ams AG), Phoseon Technology, SemiLEDs Corporation and Seoul Semiconductor Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Material, Application, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Asahi Kasei Corporation, Dr. Hönle AG, FUJIFILM Corporation, Heraeus Holding GmbH, Koninklijke Philips N.V., Lumileds Holding B.V., Nichia Corporation, Nordson Corporation, Osram Licht AG (ams AG), Phoseon Technology, SemiLEDs Corporation and Seoul Semiconductor Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global UV LED Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    UV-A
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    UV-B
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    UV-C
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Material
    7.1    Silicon Carbide (SiC)
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Gallium Nitride (GaN)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Sapphire
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Application
    8.1    Curing
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Disinfection/Purification
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Indoor Gardening
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Counterfeit Detection
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Industry Vertical
    9.1    Healthcare and Medical
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Agriculture
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Residential
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Industrial
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Commercial
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Asahi Kasei Corporation
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    Dr. Hönle AG
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
        15.3.3    FUJIFILM Corporation
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Heraeus Holding GmbH
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 SWOT Analysis
        15.3.5    Koninklijke Philips N.V.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    Lumileds Holding B.V.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Nichia Corporation
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Nordson Corporation
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Osram Licht AG (ams AG)
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
        15.3.10    Phoseon Technology
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 SWOT Analysis
        15.3.11    SemiLEDs Corporation
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
        15.3.12    Seoul Semiconductor Co. Ltd.
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials

List of Figures

Figure 1: Global: UV LED Market: Major Drivers and Challenges
Figure 2: Global: UV LED Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: UV LED Market: Breakup by Type (in %), 2021
Figure 5: Global: UV LED Market: Breakup by Material (in %), 2021
Figure 6: Global: UV LED Market: Breakup by Application (in %), 2021
Figure 7: Global: UV LED Market: Breakup by Industry Vertical (in %), 2021
Figure 8: Global: UV LED Market: Breakup by Region (in %), 2021
Figure 9: Global: UV LED (UV-A) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: UV LED (UV-A) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: UV LED (UV-B) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: UV LED (UV-B) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: UV LED (UV-C) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: UV LED (UV-C) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: UV LED (Silicon Carbide (SiC)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: UV LED (Silicon Carbide (SiC)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: UV LED (Gallium Nitride (GaN)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: UV LED (Gallium Nitride (GaN)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: UV LED (Sapphire) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: UV LED (Sapphire) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: UV LED (Other Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: UV LED (Other Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: UV LED (Curing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: UV LED (Curing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: UV LED (Disinfection/Purification) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: UV LED (Disinfection/Purification) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: UV LED (Indoor Gardening) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: UV LED (Indoor Gardening) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: UV LED (Counterfeit Detection) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: UV LED (Counterfeit Detection) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: UV LED (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: UV LED (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: UV LED (Healthcare and Medical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: UV LED (Healthcare and Medical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: UV LED (Agriculture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: UV LED (Agriculture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: UV LED (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: UV LED (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: UV LED (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: UV LED (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: UV LED (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: UV LED (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: North America: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: North America: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: United States: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: United States: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Canada: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Canada: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Asia-Pacific: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Asia-Pacific: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: China: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: China: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Japan: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Japan: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: India: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: India: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: South Korea: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: South Korea: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Australia: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Australia: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Indonesia: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Indonesia: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Europe: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Europe: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Germany: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Germany: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: France: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: France: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: United Kingdom: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: United Kingdom: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Italy: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Italy: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Spain: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Spain: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Russia: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Russia: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Latin America: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Latin America: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Brazil: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Brazil: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Mexico: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Mexico: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Others: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Others: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Middle East and Africa: UV LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Middle East and Africa: UV LED Market: Breakup by Country (in %), 2021
Figure 91: Middle East and Africa: UV LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Global: UV LED Industry: SWOT Analysis
Figure 93: Global: UV LED Industry: Value Chain Analysis
Figure 94: Global: UV LED Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: UV LED Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: UV LED Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: UV LED Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: Global: UV LED Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: UV LED Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 6: Global: UV LED Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: UV LED Market: Competitive Structure
Table 8: Global: UV LED Market: Key Players


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Key Questions Answered in This Report

The global UV LED market was valued at US$ 572.3 Million in 2021.

We expect the global UV LED market to exhibit a CAGR of 16.50% during 2022-2027.

The emerging trend of device miniaturization in the consumer electronics sector, along with the growing
utilization of UV LEDs over conventional light sources as they are eco-friendly in nature, is primarily
driving the global UV LED market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations, resulting in the temporary closure of numerous manufacturing units
for UV LEDs.

Based on the type, the global UV LED market can be segmented into UV-A, UV-B, and UV-C. Currently,
UV-C holds the majority of the total market share.

Based on the application, the global UV LED market has been divided into curing,
disinfection/purification, indoor gardening, counterfeit detection, and others. Among these,
disinfection/purification currently exhibits a clear dominance in the market.

Based on the industry vertical, the global UV LED market can be categorized into healthcare and
medical, agriculture, residential, industrial, and commercial. Currently, the healthcare and medical
sector accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global UV LED market include Asahi Kasei Corporation, Dr. Hönle AG,
FUJIFILM Corporation, Heraeus Holding GmbH, Koninklijke Philips N.V., Lumileds Holding B.V., Nichia
Corporation, Nordson Corporation, Osram Licht AG (ams AG), Phoseon Technology, SemiLEDs
Corporation, and Seoul Semiconductor Co. Ltd.

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