What is UV LED Market Scope?
UV LED stands for Ultraviolet Light Emitting Diodes. These 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. This type of LED is made to produce a specific narrow range of UV wavelengths. It helps to reduce power consumption. UV LEDs are used for different purposes in different industries.
The UV LED market study is being classified by Type (UV-A LED, UV-B LED and UV-C LED), by Application (Curing, Medical, Analytic Tools, Sterilization and Disinfection and Others) and major geographies with country level break-up.
The global UV LED market is fragmented due to the presence of several manufacturers at the global and regional levels. The level of competition among the companies in the UV LED market is intense. Companies are investing in the launch and new technology by introducing new products in the market to enhance their market presence.
Lumex Inc. (United States), Kingbright Electronic Co, Ltd (China), INTERNATIONAL LIGHT TECHNOLOGIES INC (United States), FATRI (Xiamen) Technologies Co., Ltd. (France), NICHIA CORPORATION (Japan), Lumileds Holding B.V. (Netherlands), Shenzhen Refond Optoelectronics Co., Ltd (China), Shenzhen Getian Opto-Electronics Co., Ltd (China), STANLEY ELECTRIC CO., LTD. (Japan), Sanan Optoelectronics Co., Ltd. (China), LITE-ON (China) and ProPhotonix (United States) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global UV LED market by Type, Application and Region.
On the basis of geography, the market of UV LED has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On September 21, 2021, ProPhotonix Limited announced COBRA Cure FX4, an addition to its range of UV LED curing systems. The COBRA Cure FX4 is a compact UV LED lamp solution that can be used for small to large format digital printers as well as high speed, single-pass industrial print or coatings applications. With COBRA Cure FX4, the entire UV LED lamp has been optimized to produce an ideal cure offering equipment manufacturers the opportunity to gain a competitive edge.
“The FDA regulates electronic products that emit radiation (both non-medical and medical products) through the Electronic Product Radiation Control Provisions, which were originally enacted as the Radiation Control for Health and Safety Act. Certain electronic products may also be regulated as medical devices. The FDA is responsible for regulating firms who manufacture, repackage, relabel, and/or import medical devices sold in the United States.”
Influencing Market Trend
- Increasing Adoption of UV-C LED in Medical Industry for Sterilization and Disinfection Applications
- Growing Demand for Environmentally Friendly Methods of Producing UV Light
- Emerging Need for Alternative To Mercury Lamps
- Rise In Popularity Of UV LED In Water Purification Systems
- Wide range of UV LED Leads Growth in Distribution Markets B2B and B2C
- Prolonged UV Exposure May Cause Sunburn and Eye Diseases
- Cutthroat Competition in the UV LED Markets with the Presence of Numerous Players
Key Target Audience
UV LED Manufacturers, UV LED International Traders, UV LED Distributors and Suppliers, Research and Development Institutes, UV LED Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
Customization available in this Study:
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):1. At what growth rate would the UV LED market expands?
The Global UV LED market is expected to see a growth of % during projected year 2021 to 2027.
2. Who are the prominent players of the Global UV LED market?
The prominent players of Global UV LED market are Lumex Inc. (United States), Kingbright Electronic Co, Ltd (China), INTERNATIONAL LIGHT TECHNOLOGIES INC (United States), FATRI (Xiamen) Technologies Co., Ltd. (France), NICHIA CORPORATION (Japan), Lumileds Holding B.V. (Netherlands), Shenzhen Refond Optoelectronics Co., Ltd (China), Shenzhen Getian Opto-Electronics Co., Ltd (China), STANLEY ELECTRIC CO., LTD. (Japan), Sanan Optoelectronics Co., Ltd. (China), LITE-ON (China) and ProPhotonix (United States), to name a few.
3. What are the top priorities to focus for UV LED market’s growth?
In this highly competitive & fast evolving UV LED industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.