Ultraviolet LED Market Top Manufacturers with Types & Applications 2027 by Emergen Research

The global Ultraviolet LED Market is projected to reach USD 1.26 billion by 2027, according to a recent report by Emergen Research. The market growth is primarily driven by the reduced costs of ultraviolet (UV) equipped LEDs, along with increased ability, efficiency, and increased time period of the UV light LEDs in comparison with the normal LEDs. The worldwide ban on mercury vapor lamps post 2020, attributing to the health hazards of mercury, has additionally accelerated the expansion of the market.

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Key participants include Lumileds Holding BV, LG Innotek Co. Ltd, Honle UV America Inc., Nordson Corporation, Seoul Viosys Co. Ltd, Semileds Corporation, Aquionics Inc., Crystal IS Inc., Heraeus Holding GmbH and Fuji Xerox Co. Ltd.

Key Highlights from the Report

By product type, multi-walled Ultraviolet LEDs, in terms of revenue, contributed to the largest market size of USD 4.80 Billion in 2019. The structure of this product type results in better conductivity and the strength of atomic bonds enables it to endure high temperatures.

By industry vertical, the electrical & electronics industry held the second-largest market share in 2019 and is projected to witness a growth rate of 14.6% in the forecast period. A much larger number of transistors produced from CNTs can be fitted on a chip, due to their small size, as compared to the number fitted on a silicon chip. Also, the chips are faster, very efficient, and produce much less heat than silicon chips.

North America, in terms of revenue, held the second-largest market share in 2019, owing to the growth and technological advancements in the electronics industry and increased production of engineered polymers (CNTs improve the thermal decomposition and melting temperatures) in the region.

The development of UV light LEDs with the assistance of next generation substrates, and also the rising application areas like medical care and purification, among others, pose a perfect measure for a number of the factors that may contribute towards the expansion of the market over the coming years. However, the transition from the UV light lamps to UV powered LEDs, and also the excessive quantity of thermal heat generation from UV diodes are acting as restraints to the expansion of the worldwide UV light equipped LED market.

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Technology Outlook (Revenue, USD Billion; 2017-2027)

1. UV – A
2. UV – B
3. UV – C

Applications Outlook (Revenue, USD Billion; 2017-2027)

1. Optical Sensors and Instrumentation
2. Counterfeit Detection
3. UV Sterilization
4. Medical Light Therapy
5. UV Curing

End User Outlook (Revenue, USD Billion; 2017-2027)

1. Industrial
2. Residential

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Ultraviolet LED Market Table of content

Key questions addressed in the report:

1. What are the predominant factors propelling the global Ultraviolet LED market development?
2. Who are the leading distributors, traders, and dealers of this market?
3. Who are the key manufacturers in the Ultraviolet LED business sector?
4. What are the significant market opportunities and challenges for the v global market vendors?
5. What are the sales and revenue estimations for the leading market players in the Ultraviolet LED market over the projected period?

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