Global UV LED Market Size, Share & Forecast 2025

1
2015 2025
GLOBAL UV LED MARKET FORECAST OPPORTUNITIES
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• 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

• Curing
• Disinfection and Purification
• Medical
• Security 
• Others

• UV-A LED
• UV-B LED
• UV-C LED

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• Table of Contents

S. No. Contents Contents Contents Page No.
1. 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.) 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.) 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.)
2. 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.) 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.) 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.)
3. Executive Summary (This chapter covers summary of the complete study.) Executive Summary (This chapter covers summary of the complete study.) Executive Summary (This chapter covers summary of the complete study.)
4. Voice of Customer Voice of Customer Voice of Customer
5. Global UV LED Market Outlook, 2016-2026F (This chapter includes a brief overview of the product of interest market such as total markets 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.) Global UV LED Market Outlook, 2016-2026F (This chapter includes a brief overview of the product of interest market such as total markets 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.) Global UV LED Market Outlook, 2016-2026F (This chapter includes a brief overview of the product of interest market such as total markets 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.)
5.1. 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) 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)
5.1.1. By Value (USD Million)
5.2. Market Share Forecast (By Value) (The overall product of interest bifurcated/split among various segments.) Market Share Forecast (By Value) (The overall product of interest bifurcated/split among various segments.)
5.2.1. By Technology (UV-A LED, UV-B LED and UV-C LED)
5.2.2. By Application (Curing, Disinfection and Purification, Medical, Security and Others)
5.2.3. By Company (2020)
5.2.4. By Region
5.3. Product Market Map (By Technology) Product Market Map (By Technology)
5.4. Product Market Map (By Application) Product Market Map (By Application)
6. Asia-Pacific UV LED Market Outlook, 2016-2026F Asia-Pacific UV LED Market Outlook, 2016-2026F Asia-Pacific UV LED Market Outlook, 2016-2026F
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S. No. Contents Contents Contents Contents Contents Page No.
6.1. Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast
6.1.1. By Value (USD Million) By Value (USD Million) By Value (USD Million)
6.2. Market Share Forecast (By Value) Market Share Forecast (By Value) Market Share Forecast (By Value) Market Share Forecast (By Value)
6.2.1. By Technology By Technology
6.2.2. By Application By Application By Application
6.2.3. By Country 6.2.3. By Country 6.2.3. By Country 6.2.3. By Country
6.3. Asia Pacific Country Analysis Asia Pacific Country Analysis Asia Pacific Country Analysis Asia Pacific Country Analysis
6.3.1. India UV LED Market Outlook, 2016-2026F India UV LED Market Outlook, 2016-2026F India UV LED Market Outlook, 2016-2026F
6.3.1.1. Market Size Forecast Market Size Forecast
6.3.1.1.1. By Value (USD Million)
6.3.1.2. Market Share Forecast (By Value) 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 China UV LED Market Outlook, 2016-2026F China UV LED Market Outlook, 2016-2026F
6.3.2.1. Market Size Forecast Market Size Forecast
6.3.2.1.1. By Value (USD Million)
6.3.2.2. Market Share Forecast (By Value) Market Share Forecast (By Value)
6.3.2.2.1. By Technology
6.3.2.2.2. By Application
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6.3.3. Japan UV LED Market Outlook, 2016-2026F Japan UV LED Market Outlook, 2016-2026F Japan UV LED Market Outlook, 2016-2026F
6.3.3.1. Market Size Forecast Market Size Forecast
6.3.3.1.1. By Value (USD Million)
6.3.3.2. Market Share Forecast (By Value) 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 South Korea UV LED Market Outlook, 2016-2026F South Korea UV LED Market Outlook, 2016-2026F
6.3.4.1. Market Size Forecast Market Size Forecast
6.3.4.1.1. By Value (USD Million)
6.3.4.2. Market Share Forecast (By Value) 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 Australia UV LED Market Outlook, 2016-2026F Australia UV LED Market Outlook, 2016-2026F
6.3.5.1. Market Size Forecast Market Size Forecast
6.3.5.1.1. By Value (USD Million)
6.3.5.2. Market Share Forecast (By Value) 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 Europe UV LED Market Outlook, 2016-2026F Europe UV LED Market Outlook, 2016-2026F Europe UV LED Market Outlook, 2016-2026F Europe UV LED Market Outlook, 2016-2026F
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S. No. Contents Contents Contents Contents Contents Page No.
7.1. Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast
7.1.1. By Value (USD Million) By Value (USD Million) By Value (USD Million) By Value (USD Million)
7.2. Market Share Forecast (By Value) Market Share Forecast (By Value) Market Share Forecast (By Value) Market Share Forecast (By Value) Market Share Forecast (By Value)
7.2.1. By Technology By Technology By Technology
7.2.2. By Application By Application By Application
7.2.3. By Country By Country By Country
7.3. Europe Country Analysis Europe Country Analysis Europe Country Analysis Europe Country Analysis
7.3.1. United Kingdom UV LED Market Outlook, 2016-2026F United Kingdom UV LED Market Outlook, 2016-2026F United Kingdom UV LED Market Outlook, 2016-2026F
7.3.1.1. Market Size Forecast Market Size Forecast
7.3.1.1.1. By Value (USD Million)
7.3.1.2. Market Share Forecast (By Value) 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 Germany UV LED Market Outlook, 2016-2026F Germany UV LED Market Outlook, 2016-2026F
7.3.2.1. Market Size Forecast Market Size Forecast
7.3.2.1.1. By Value (USD Million)
7.3.2.2. Market Share Forecast (By Value) Market Share Forecast (By Value)
7.3.2.2.1. By Technology
7.3.2.2.2. By Application
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7.3.3. France UV LED Market Outlook, 2016-2026F France UV LED Market Outlook, 2016-2026F France UV LED Market Outlook, 2016-2026F
7.3.3.1. Market Size Forecast Market Size Forecast
7.3.3.1.1. By Value (USD Million)
7.3.3.2. Market Share Forecast (By Value) 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 Italy UV LED Market Outlook, 2016-2026F Italy UV LED Market Outlook, 2016-2026F
7.3.4.1. Market Size Forecast Market Size Forecast
7.3.4.1.1. By Value (USD Million)
7.3.4.2. Market Share Forecast (By Value) 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 Spain UV LED Market Outlook, 2016-2026F Spain UV LED Market Outlook, 2016-2026F
7.3.5.1. Market Size Forecast Market Size Forecast
7.3.5.1.1. By Value (USD Million)
7.3.5.2. Market Share Forecast (By Value) 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 North America UV LED Market Outlook, 2016-2026F North America UV LED Market Outlook, 2016-2026F North America UV LED Market Outlook, 2016-2026F North America UV LED Market Outlook, 2016-2026F
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8.1. Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast
8.1.1. By Value (USD Million) By Value (USD Million) By Value (USD Million)
8.2. Market Share Forecast (By Value) Market Share Forecast (By Value) Market Share Forecast (By Value) Market Share Forecast (By Value)
8.2.1. By Technology By Technology By Technology
8.2.2. By Application By Application By Application
8.2.3. By Country By Country By Country
8.3. North America Country Analysis North America Country Analysis North America Country Analysis North America Country Analysis
8.3.1. United States UV LED Market Outlook, 2016-2026F United States UV LED Market Outlook, 2016-2026F United States UV LED Market Outlook, 2016-2026F
8.3.1.1. Market Size Forecast Market Size Forecast
8.3.1.1.1. By Value (USD Million)
8.3.1.2. Market Share Forecast (By Value) 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 Canada UV LED Market Outlook, 2016-2026F Canada UV LED Market Outlook, 2016-2026F
8.3.2.1. Market Size Forecast Market Size Forecast
8.3.2.1.1. By Value (USD Million)
8.3.2.2. Market Share Forecast (By Value) Market Share Forecast (By Value)
8.3.2.2.1. By Technology
8.3.2.2.2. By Application
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8.3.3. Mexico UV LED Market Outlook, 2016-2026F Mexico UV LED Market Outlook, 2016-2026F Mexico UV LED Market Outlook, 2016-2026F
8.3.3.1. Market Size Forecast Market Size Forecast
8.3.3.1.1. By Value (USD Million)
8.3.3.2. Market Share Forecast (By Value) 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 Middle East Africa UV LED Market Outlook, 2016-2026F Middle East Africa UV LED Market Outlook, 2016-2026F Middle East Africa UV LED Market Outlook, 2016-2026F Middle East Africa UV LED Market Outlook, 2016-2026F
9.1. Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast
9.1.1. By Value (USD Million) By Value (USD Million) By Value (USD Million)
9.2. Market Share Forecast (By Value) Market Share Forecast (By Value) Market Share Forecast (By Value) Market Share Forecast (By Value)
9.2.1. By Technology By Technology By Technology
9.2.2. By Application By Application By Application
9.2.3. By Country By Country By Country
9.3. Middle East Africa Country Analysis Middle East Africa Country Analysis Middle East Africa Country Analysis Middle East Africa Country Analysis
9.3.1. Saudi Arabia UV LED Market Outlook, 2016-2026F Saudi Arabia UV LED Market Outlook, 2016-2026F Saudi Arabia UV LED Market Outlook, 2016-2026F
9.3.1.1. Market Size Forecast Market Size Forecast
9.3.1.1.1. By Value (USD Million)
9.3.1.2. Market Share Forecast (By Value) Market Share Forecast (By Value)
9.3.1.2.1. By Technology
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9.3.1.2.2. By Application
9.3.2. South Africa UV LED Market Outlook, 2016-2026F South Africa UV LED Market Outlook, 2016-2026F South Africa UV LED Market Outlook, 2016-2026F
9.3.2.1. Market Size Forecast Market Size Forecast
9.3.2.1.1. By Value (USD Million)
9.3.2.2. Market Share Forecast (By Value) 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 UAE UV LED Market Outlook, 2016-2026F UAE UV LED Market Outlook, 2016-2026F
9.3.3.1. Market Size Forecast Market Size Forecast
9.3.3.1.1. By Value (USD Million)
9.3.3.2. Market Share Forecast (By Value) 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 Qatar UV LED Market Outlook, 2016-2026F Qatar UV LED Market Outlook, 2016-2026F
9.3.4.1. Market Size Forecast Market Size Forecast
9.3.4.1.1. By Value (USD Million)
9.3.4.2. Market Share Forecast (By Value) Market Share Forecast (By Value)
9.3.4.2.1. By Technology
9.3.4.2.2. By Application
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10. South America UV LED Market Outlook, 2016-2026F South America UV LED Market Outlook, 2016-2026F South America UV LED Market Outlook, 2016-2026F South America UV LED Market Outlook, 2016-2026F South America UV LED Market Outlook, 2016-2026F
10.1. Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast
10.1.1. By Value (USD Million) By Value (USD Million) By Value (USD Million)
10.2. Market Share Forecast (By Value) Market Share Forecast (By Value) Market Share Forecast (By Value) Market Share Forecast (By Value)
10.2.1. By Technology By Technology By Technology
10.2.2. By Application By Application By Application
10.2.3. By Country By Country By Country
10.3. South America Country Analysis South America Country Analysis South America Country Analysis South America Country Analysis
10.3.1. Brazil UV LED Market Outlook, 2016-2026F Brazil UV LED Market Outlook, 2016-2026F Brazil UV LED Market Outlook, 2016-2026F
10.3.1.1. Market Size Forecast Market Size Forecast
10.3.1.1.1. By Value (USD Million)
10.3.1.2. Market Share Forecast (By Value) 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 Argentina UV LED Market Outlook, 2016-2026F Argentina UV LED Market Outlook, 2016-2026F
10.3.2.1. Market Size Forecast Market Size Forecast
10.3.2.1.1. By Value (USD Million)
10.3.2.2. Market Share Forecast (By Value) Market Share Forecast (By Value)
10.3.2.2.1. By Technology
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10.3.2.2.2. By Application
10.3.3. Colombia UV LED Market Outlook, 2016-2026F Colombia UV LED Market Outlook, 2016-2026F Colombia UV LED Market Outlook, 2016-2026F
10.3.3.1. Market Size Forecast Market Size Forecast
10.3.3.1.1. By Value (USD Million)
10.3.3.2. Market Share Forecast (By Value) 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.) Market Dynamics (This chapter assesses the major demand drivers and restraints.) Market Dynamics (This chapter assesses the major demand drivers and restraints.) Market Dynamics (This chapter assesses the major demand drivers and restraints.) Market Dynamics (This chapter assesses the major demand drivers and restraints.)
11.1. Drivers Drivers Drivers Drivers
11.2. Challenges Challenges Challenges Challenges
12. Market Trends Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development) Market Trends Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development) Market Trends Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development) Market Trends Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development) Market Trends Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development)
13. Impact of COVID-19 on Global UV LED Market Impact of COVID-19 on Global UV LED Market Impact of COVID-19 on Global UV LED Market Impact of COVID-19 on Global UV LED Market Impact of COVID-19 on Global UV LED Market
14. Competitive Landscape Competitive Landscape Competitive Landscape Competitive Landscape Competitive Landscape
14.1. Competition Outlook Competition Outlook Competition Outlook Competition Outlook
14.2. Company Profiles (Top 10 Leading Companies) Company Profiles (Top 10 Leading Companies) Company Profiles (Top 10 Leading Companies) Company Profiles (Top 10 Leading Companies)
14.2.1. Company Details 14.2.1. Company Details 14.2.1. Company Details 14.2.1. Company Details
14.2.2. Products Services 14.2.2. Products Services 14.2.2. Products Services 14.2.2. Products Services
14.2.3. Financials (As Reported) 14.2.3. Financials (As Reported) 14.2.3. Financials (As Reported) 14.2.3. Financials (As Reported)
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14.2.4. Key Market Focus Geographical Presence
14.2.5. Recent Developments
14.2.6. Key Management Personnel
14. Strategic Recommendations Strategic Recommendations
15. About Us Distributor About Us Distributor
14
RESEARCH METHODOLOGY
15

• Research Methodology

Market Profiling
Data Analysis
Data Collection
Data Validation
Developing List of Respondents
Formulating Questionnaire
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

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.

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

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. Nichia Corporation Nitride Semiconductors .Co.,Ltd. Phoseon Technology LG INNOTEK Semileds Corporation Nordson Corporation Lumileds Holding B.V. Koninklijke Philips N.V. Crystal IS Inc. World Bank TechSci Research Proprietary Database Knowledge Repository Company Annual Reports Industry Magazines Industry Reports News Dailies Credible Paid Databases
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
companys 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 for mid and 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. 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.
20

• Sample Data - Snapshot

Global UV LED Market Size, By Value (USD
Million), 2015-2025F
CAGR By Value
CAGR By Value
YY
XX
North America UV LED Market Share, By Technology,
By Value, 20152025F
North America UV LED Market Share, By
Application, By Value, 20152025F
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
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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.
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  (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

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