June 22, 2024

UV LED Market Size to Cross USD 4,436.57 Million by 2033

The global UV LED market size accounted for US$ 713.55 million in 2023  and is projected to reach around USD 4,436.57 million by 2033, growing at a CAGR of 20.05% from 2024 to 2033.

UV LED Market Size 2024 to 2033

Key Points

  • By region, Asia Pacific dominated the UV LED market in 2023.
  • By region, North America is expected to witness the fastest growth rate during the forecast period.
  • By technology, the UV-C segment dominated the market with the largest share in 2023.
  • By application, the disinfection segment is expected to experience substantial growth over the upcoming period.
  • By end user, the residential segment will witness rapid growth.

Report Summary

The global UV LED market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the UV LED market across the globe.

A comprehensive estimate on the UV LED market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of UV LED during the forecast period. Price point comparison by region with global average price is also considered in the study.

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UV LED Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 20.05%
Global Market Size in 2023 USD 713.55 Million
Global Market Size by 2033 USD 4,436.57 Million
Largest Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Technology, By Application, and By End Use
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized UV LED market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read: US Ultraviolet Disinfection Equipment Market Size, Share, Report By 2033

Market Players

The report includes the profiles of key UV LED market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Recent Developments

  • In June 2023, an international leader in advanced UV-C air and surface disinfection technology, Ultraviolet Devices, Inc., And an association of professionals in infection control made an announcement to introduce an advanced surface sanitizer mainly designed for highly contaminated surfaces that are shared by masses.
  • In September 2022, Nichia Corporation announced the production of a UV-C LED-based technology with a higher output of 280nm. The company will start mass production of UV-C LEDs with high radiant flux, which helps target the sterilization process and inactivate several bacteria and viruses, particularly for the industrial applications of water and air.
  • In February 2022, CrayoNano and SemiLEDs partnered to develop products based on hybrid material technologies with nanowires. Cryonano will own products under the terms and agreements made between these two manufacturers.

UV LED Market Companies

  • Halma Plc
  • Koninklijke Philips N.V.
  • Hoenle Group
  • LG Electronics Inc.
  • Nordson Corporation
  • SemiLEDs Corporation
  • Heraeus Holding GmbH
  • Crystal IS Inc.
  • Seoul Viosys Co., Ltd
  • Sensor Electronics Technology Inc.

Segments Covered in the Report

By Technology

  • UV-A
  • UV-B
  • UV-C

By Application

  • Industrial
  • UV Curing
  • Lithography
  • Medical and Scientific
  • Phototherapy
  • Sensing
  • Equipment Sterilization
  • Sterilization
  • Disinfection
  • Deodorization
  • Security
  • Counterfeit Detection-Money & ID
  • Forensic Application
  • Others

By End Use

  • Industrial
  • Commercial
  • Residential

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on UV LED Market 

5.1. COVID-19 Landscape: UV LED Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global UV LED Market, By Technology

8.1. UV LED Market Revenue and Volume, by Technology, 2024-2033

8.1.1 UV-A

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. UV-B

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

8.1.3. UV-C

8.1.3.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global UV LED Market, By Application

9.1. UV LED Market Revenue and Volume, by Application, 2024-2033

9.1.1. Industrial

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. UV Curing

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. Lithography

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

9.1.4. Medical and Scientific

9.1.4.1. Market Revenue and Volume Forecast (2021-2033)

9.1.5. Phototherapy

9.1.5.1. Market Revenue and Volume Forecast (2021-2033)

9.1.6. Sensing

9.1.6.1. Market Revenue and Volume Forecast (2021-2033)

9.1.7. Equipment Sterilization

9.1.7.1. Market Revenue and Volume Forecast (2021-2033)

9.1.8. Sterilization

9.1.8.1. Market Revenue and Volume Forecast (2021-2033)

9.1.9. Disinfection

9.1.9.1. Market Revenue and Volume Forecast (2021-2033)

9.1.10. Deodorization

9.1.10.1. Market Revenue and Volume Forecast (2021-2033)

9.1.11. Security

9.1.11.1. Market Revenue and Volume Forecast (2021-2033)

9.1.12. Counterfeit Detection-Money & ID

9.1.12.1. Market Revenue and Volume Forecast (2021-2033)

9.1.13. Forensic Application

9.1.13.1. Market Revenue and Volume Forecast (2021-2033)

9.1.14. Others

9.1.14.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global UV LED Market, By End Use 

10.1. UV LED Market Revenue and Volume, by End Use, 2024-2033

10.1.1. Industrial

10.1.1.1. Market Revenue and Volume Forecast (2021-2033)

10.1.2. Commercial

10.1.2.1. Market Revenue and Volume Forecast (2021-2033)

10.1.3. Residential

10.1.3.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 11. Global UV LED Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.1.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.1.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.1.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.1.4.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.1.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.1.5.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.2.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.2.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.2.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.2.4.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.2.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.2.5.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.2.6.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.2.6.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.2.7.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.2.7.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.3.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.3.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.3.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.3.4.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.3.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.3.5.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.3.6.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.3.6.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.3.7.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.3.7.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.4.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.4.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.4.4.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.4.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.4.5.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.4.6.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.4.6.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.4.7.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.4.7.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.5.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.5.4.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.5.4.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Technology (2021-2033)

11.5.5.2. Market Revenue and Volume Forecast, by Application (2021-2033)

11.5.5.3. Market Revenue and Volume Forecast, by End Use (2021-2033)

Chapter 12. Company Profiles

12.1. Halma Plc

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Koninklijke Philips N.V.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Hoenle Group

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. LG Electronics Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Nordson Corporation

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. SemiLEDs Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Heraeus Holding GmbH

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Crystal IS Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Seoul Viosys Co., Ltd

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Sensor Electronics Technology Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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