UV LED Market by Technology (UVA, UVB, & UVC) Worth 369.58 Million USD

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MarketsandMarkets Presents
UV LED Market by Technology (UVA, UVB, UVC),
Application (Industrial (UV Curing), Medical
Scientific (Phototherapy, Sensing), Sterilization
(Disinfection) Security (Counterfeit Detection
Forensic)), and Geography - Global Forecast to
2020 The UV LED market is expected to reach USD
369.58 Million by 2020 at a CAGR of 23.17
between 2015 and 2020
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Ultra-violet LED (UV LED) is a device which emits
UV radiation having wavelength of less than 400nm
and has integrated features such as compactness,
superior performance, and cost effectiveness. It
provides products in almost all segments where
high performance and proper safety is required.
It plays a crucial role in many applications such
as curing, disinfection, phototherapy, equipment
sterilization, printing, forensic, and so on. The
consumers demand for UV LED is expected to
increase rapidly in the next five years owing to
the availability of technologically advanced UV
LED devices, increased demand for UVA and UVC
products, and their increasing utility in the
disinfection and curing applications.  Sample
pages of the Report http//www.marketsandmarkets
.com/requestsample.asp?id143107738 With the
development of better chips and components, UV
LED technology is continuously advancing further.
Today, technologically-advanced UV LED devices
such as counterfeit detection systems, equipment
sterilizers, and curing and coating methods offer
best UV LED experiences to users. Initially used
in curing and printing applications, the UV LED
market is now being used in medical, automotive,
security, electronics, and many other
applications.
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The UV LED technology is mainly segmented into
UVA, UVB, and UVC technologies. The UVA LED
wavelength range between 320-400nm and has high
adoption rate because of the presence of variety
of UVA applications such as counterfeit
detection, UV curing, forensics, and many others.
They also have the capability to serve number of
existing and new applications. The UVC technology
is expected to grow at the highest growth rate in
the coming years as it is mainly used for
germicidal sterilization purposes, protein
analysis, and other applications of the medical
and sterilization segments. The UV LED market is
also segmented on the basis of application into
industrial, medical and scientific,
sterilization, and security application. Report
Information http//www.marketsandmarkets.com/Ma
rket-Reports/uv-led-market-143107738.html The
competitive landscape of the market shows a
number of new product launches, agreements
partnerships across the value chain, with a
number of major players around the globe. Major
players in the UV LED market include LG
Electronics Inc. (South Korea), Koninklijke
Philips N.V. (Netherlands), Honle Group
(Germany), Nordson Corporation (U.S.), SemiLEDs
Corporation (Taiwan), and other companies such as
Halma Plc (U.K.), Heraeus Holding GmbH (Germany),
Crystal IS Inc. (U.S.), Seoul Viosys Co, Ltd.
(South Korea), Sensor Electronics Technology Inc.
(U.S.), and Nichia Corporation (Japan), and
others.
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