PUBLISHER: IMARC | PRODUCT CODE: 1467827
PUBLISHER: IMARC | PRODUCT CODE: 1467827
UV LED Market Report by Type, Material (Silicon Carbide, Gallium Nitride, Sapphire, and Others), Application, Industry Vertical, and Region 2024-2032
The global UV LED market size reached US$ 782.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,646.2 Million by 2032, exhibiting a growth rate (CAGR) of 14.2% during 2024-2032. The increasing demand for clean water, rising prevalence of various chronic and skin conditions, and the growing trend of miniaturization in consumer electronics represent some of the key factors driving the market.
An ultraviolet (UV) light-emitting diode (LED) is a solid state device that emits light when an electrical current flows from the positive side to the negative side of the circuit. It consumes less energy, has a longer lifespan, emits high intensity output, and generates less heat as compared to traditional UV lamps. It is also environment-friendly as it does not contain hazardous materials like mercury and produces ozone. It releases specific wavelengths of ultraviolet light, which allows for more precise control and customization of the output. It is used to disinfect the air by killing bacteria and viruses. As it offers a longer lifetime and greater reliability and enables system designers maximum design freedom, UV LED is find numerous applications across the globe.
UV LED Market Trends:
There is an increase in the use of UV LEDs in water purification systems to disinfect water by destroying bacteria, viruses, and other microorganisms. They are also used in sterilization applications, as they are the most cost effective way to provide safe drinking water. This, coupled with the rising demand for clean water, represents one of the major factors strengthening the market growth around the world. Moreover, the growing usage of UV LEDs in indoor horticulture to stimulate plant growth and increase yields is influencing the market positively. In addition, there is a rise in the adoption of UV LEDs in diagnostic testing for various diseases and conditions to identify the presence of certain biological materials, such as blood or saliva, in a sample. They are also utilized in wound healing by stimulating the growth of new tissue and promoting the healing of damaged tissue. This, along with the surging prevalence of various chronic and skin conditions, such as psoriasis, vitiligo, eczema, and acne among individuals, is favoring the growth of the market. Apart from this, the increasing requirement of UV LED for disinfection in consumer electronics, including smartphones, tablets, and laptops, to kill bacteria and viruses on the surfaces of these devices and reduce the risk of infections is propelling the growth of the market. Furthermore, the growing trend of miniaturization in consumer electronics and the rising adoption of LED technology for UV curing commercial and industrial materials like inks is creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global UV LED market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, material, application and industry vertical.
Type Insights:
UV-A
UV-B
UV-C
The report has provided a detailed breakup and analysis of the UV LED market based on the type. This includes UV-A, UV-B, and UV-C. According to the report, UV-C represented the largest segment.
Material Insights:
Silicon Carbide (SiC)
Gallium Nitride (GaN)
Sapphire
Others
A detailed breakup and analysis of the UV LED market based on the material has also been provided in the report. This includes silicon carbide (SiC), Gallium Nitride (GaN), sapphire, and others.
Application Insights:
Curing
Disinfection/Purification
Indoor Gardening
Counterfeit Detection
Others
The report has provided a detailed breakup and analysis of the UV LED market based on the application. This includes curing, disinfection/purification, indoor gardening, counterfeit detection, and others. According to the report, disinfection/purification represented the largest segment.
Industry Vertical Insights:
Healthcare and Medical
Agriculture
Residential
Industrial
Commercial
A detailed breakup and analysis of the UV LED market based on the industry vertical has also been provided in the report. This includes healthcare and medical, agriculture, residential, industrial, and commercial. According to the report, healthcare and medical accounted for the largest market share.
Regional Insights:
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
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others) was the largest market for UV LED. Some of the factors driving the Asia Pacific UV LED market included the expansion of disinfection and sterilization applications, product innovations, extensive research and development (R&D) activities, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global UV LED market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Asahi Kasei Corporation, Dr. Honle 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, Seoul Semiconductor Co. Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
- 1. What was the size of the global UV LED market in 2023?
- 2. What is the expected growth rate of the global UV LED market during 2024-2032?
- 3. What are the key factors driving the global UV LED market?
- 4. What has been the impact of COVID-19 on the global UV LED market?
- 5. What is the breakup of the global UV LED market based on the type?
- 6. What is the breakup of the global UV LED market based on the application?
- 7. What is the breakup of the global UV LED market based on industry vertical?
- 8. What are the key regions in the global UV LED market?
- 9. Who are the key players/companies in the global UV LED market?
Table of Contents
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
- 10.1.1 United States
- 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
- 10.2.1 China
- 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
- 10.3.1 Germany
- 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
- 10.4.1 Brazil
- 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. Honle 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
- 15.3.1 Asahi Kasei Corporation
List of Figures
- Figure 1: Global: UV LED Market: Major Drivers and Challenges
- Figure 2: Global: UV LED Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 4: Global: UV LED Market: Breakup by Type (in %), 2023
- Figure 5: Global: UV LED Market: Breakup by Material (in %), 2023
- Figure 6: Global: UV LED Market: Breakup by Application (in %), 2023
- Figure 7: Global: UV LED Market: Breakup by Industry Vertical (in %), 2023
- Figure 8: Global: UV LED Market: Breakup by Region (in %), 2023
- Figure 9: Global: UV LED (UV-A) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: UV LED (UV-A) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: UV LED (UV-B) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: UV LED (UV-B) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: UV LED (UV-C) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: UV LED (UV-C) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: UV LED (Silicon Carbide -SiC) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: UV LED (Silicon Carbide -SiC) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: UV LED (Gallium Nitride -GaN) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: UV LED (Gallium Nitride -GaN) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: UV LED (Sapphire) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: UV LED (Sapphire) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: UV LED (Other Materials) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: UV LED (Other Materials) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: UV LED (Curing) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: UV LED (Curing) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: UV LED (Disinfection/Purification) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: UV LED (Disinfection/Purification) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: UV LED (Indoor Gardening) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: UV LED (Indoor Gardening) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: UV LED (Counterfeit Detection) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: UV LED (Counterfeit Detection) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: UV LED (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: UV LED (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: UV LED (Healthcare and Medical) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: UV LED (Healthcare and Medical) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Global: UV LED (Agriculture) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Global: UV LED (Agriculture) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Global: UV LED (Residential) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Global: UV LED (Residential) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Global: UV LED (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Global: UV LED (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Global: UV LED (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Global: UV LED (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: North America: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: North America: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: United States: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: United States: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Canada: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Canada: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Asia-Pacific: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Asia-Pacific: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: China: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: China: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Japan: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Japan: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: India: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: India: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: South Korea: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: South Korea: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Australia: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Australia: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Indonesia: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Indonesia: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Others: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Others: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Europe: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Europe: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Germany: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Germany: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: France: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: France: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: United Kingdom: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: United Kingdom: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Italy: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Italy: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Spain: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Spain: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Russia: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Russia: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Others: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Others: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Latin America: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Latin America: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Brazil: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Brazil: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Mexico: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 86: Mexico: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Others: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 88: Others: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 89: Middle East and Africa: UV LED Market: Sales Value (in Million US$), 2018 & 2023
- Figure 90: Middle East and Africa: UV LED Market: Breakup by Country (in %), 2023
- Figure 91: Middle East and Africa: UV LED Market Forecast: Sales Value (in Million US$), 2024-2032
- 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, 2023 and 2032
- Table 2: Global: UV LED Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: UV LED Market Forecast: Breakup by Material (in Million US$), 2024-2032
- Table 4: Global: UV LED Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: UV LED Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
- Table 6: Global: UV LED Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: UV LED Market: Competitive Structure
- Table 8: Global: UV LED Market: Key Players
