Title: UV LED Market to grow at a CAGR of 25.80% (2019-2025)
1UV LED Market forecasts From 2020 To 2025
2 DESCRIPTION The UV LED market is expected to
grow at a compound annual growth rate of 25.80
over the forecast period to reach a market size
of US599.556 million from US381.058 million in
2019. Demand of the UV LED across ink, adhesive
and coating industries for the process of curing
plays a significant role in the development of UV
LED market. Factors such as increasing need to
validate currency, air and water purification and
general and horticulture lighting are driving the
growth of this market. Usage of these LEDs in
chip manufacturing and biomedical devices are
other factors augmenting the need for these
solutions. Due to advancement in technology, UV
LED has penetrated into various industries such
as medical, agriculture, security, horticulture
along with industrial and chemical curing.
3- Key Questions Answered By The
Report - What will UV LED Market from 2019 to 2024?
- How are the major drivers and restraints
affecting UV LED Market . - growth and the opportunities which exist for
key vendors? - Which segment and region will drive or lead the
market growth and why? - A comprehensive analysis of competitive
landscape and key market participants behavior - Key strategies being adopted by vendors, with
in-depth analysis along with their impact on
competition and market growth
4Geography
5Geography
6Geography
7- Segments Covered Under Global Storage
Market - By type
- UVA
- UVB
- UVC
- By End User Industry
- Manufacturing
- Agriculture
- Defense
- Chemical
- Healthcare
- Others
8 COMPANY PROFILES
- Lumileds
- LG Innotek
- Honle Group
- Genesis Photonics
- Nordson Corporation
- SemiLeds Corporation
- Nichia Corporation
- Mouser Electronics
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