UV LED Market Size, Share, Opportunities, And Trends By Type (UVA, UVB, UVC), By End User (Manufacturing, Agriculture, Defense, Chemical, Healthcare, Others), And By Geography - Forecasts From 2023 To 2028

The UV LED market was valued at US$340.138 million in 2021 and is projected to expand at a CAGR of 14.44% over the forecast period to reach US$874.552 million by 2028. 

The demand for UV LED across ink, adhesive, and coating industries for the process of curing plays a significant role in the development of the UV LED market. Factors such as the increasing need to validate currency, air, and water purification, and general and horticulture lighting are driving the growth of this market. The usage of these LEDs in chip manufacturing and biomedical devices is another factor augmenting the need for these solutions. Due to advancements in technology, UV LED has penetrated various industries such as medical, agriculture, security, and horticulture, along with industrial and chemical curing.

This research study examines the UV LED market based on various segments: type, end-user industry, and geography. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model analyzes the UV LED industry comprehensively. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.

The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the UV LED market. Moreover, the research study analyzes the overall regulatory framework of the UV LED sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.

UV LED market – Forecasts from 2023 to 2028 is a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.

The scope and coverage of the UV LED market report is as below:

• UV LED market data tables and charts
• Market outlook with sections on drivers, restraints, Porter’s, and industry value chain analysis.
• Market assessment by type into UVA, UVB, and UVC.
• Detailed market trends, analysis, and graphical representation by end-user industry into manufacturing, agriculture, defense, chemical, healthcare, and others.
• A 360o view of the demand for UV LED solutions/services across different geographies (North America, South America, Europe, Middle East and Africa, and Asia Pacific) with further breakdown for key countries within those regions.

UV LED Market Scope:

 

Report Metric	Details
Market Size Value in 2021	US$340.138 million
Market Size Value in 2028	US$874.552 million
Growth Rate	CAGR of 14.44% from 2021 to 2028
Base Year	2021
Forecast Period	2023 – 2028
Forecast Unit (Value)	USD Million
Segments Covered	Type, End-User, and Geography
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered	Lumileds, Honle Group, IPG Photonics, Nordson Corporation, SemiLeds Corporation, Nichia Corporation, Mouser Electronics, Koninklijike Phillips N.V., Seoul Viosys, EPIGAP OSA Photonics Group, Dow Holdings Co. Ltd
Customization Scope	Free report customization with purchase

 

Different segments covered under the UV LED market report are as below:

• By Type
  • UVA
  • UVB
  • UVC
• By End-User
  • Manufacturing
  • Agriculture
  • Defense
  • Chemical
  • Healthcare
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others

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1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. UV LED MARKET, BY TYPE

5.1. Introduction

5.2. UVA

5.3. UVB

5.4. UVC

6. UV LED MARKET, BY END-USER

6.1. Introduction

6.2. Manufacturing

6.3. Agriculture

6.4. Defense

6.5. Chemical

6.6. Healthcare

6.7. Others

7. UV LED MARKET, BY GEOGRAPHY

7.1. Introduction 

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. Germany

7.4.2. France

7.4.3. United Kingdom

7.4.4. Spain

7.4.5. Others

7.5. Middle East And Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Israel

7.5.4. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Taiwan

7.6.7. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. Lumileds

9.2. Honle Group

9.3. IPG Photonics

9.4. Nordson Corporation

9.5. SemiLeds Corporation

9.6. Nichia Corporation

9.7. Mouser Electronics

9.8. Koninklijike Phillips N.V.

9.9. Seoul Viosys

9.10. EPIGAP OSA Photonics Group

9.11. Dow Holdings Co. Ltd.

Lumileds

Honle Group

IPG Photonics

Nordson Corporation

SemiLeds Corporation

Nichia Corporation

Mouser Electronics

Koninklijike Phillips N.V.

Seoul Viosys

EPIGAP OSA Photonics Group

Dow Holdings Co. Ltd