UV LED Market to grow at a CAGR of 25.80% (2019-2025)

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UV LED Market to grow at a CAGR of 25.80% (2019-2025)

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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 US$599.556 million from US$381. 058 million in 2019. Globally, the way industries function is shifting. – PowerPoint PPT presentation

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Title: UV LED Market to grow at a CAGR of 25.80% (2019-2025)


1
UV 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

4
Geography
5
Geography
6
Geography
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

9
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