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UV LED Market is projected to reach CAGR 17 by
2027
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Key Insights from UV LED Market

• The global UV LED market is slated to witness
  commendable gains through the coming years, owing
  to the increasing adoption of UV-A LED in medical
  light devices for the purpose of treating skin
  disorders.
• UV LED technology is used in medical light
  therapies such as PUVA therapy for the treatment
  of vitiligo, psoriasis, and other atopic skin
  disorders. Moreover, a number of research
  institutes and UV LED manufacturers are engaged
  in the development of UV tech solutions for light
  therapy for curing skin disorders.
• This rise is accredited to the surging demand for
  UV-B LEDs due to their numerous features
  comprising low power consumption, eco-friendly
  nature, high performance, noise-free fanless
  design, and easy switching in comparison to
  conventional UV lamps and UV bulbs. The features
  make UV-B LEDs an ideal solution for
  horticulture, indoor plant growing, greenhouse,
  gardening, and livestock farming.

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Regional Insights in UV LED Market

• In Europe, the UV LED market share is estimated
  to exhibit a remarkable CAGR of 15 between the
  period 2021 and 2027. This rise is due to the
  soaring requirement for UV curing solutions in
  numerous industrial applications including
  adhesiveness, coating, printing, and others.
• The low photo initiator component adoption among
  ink formulations for UV curing systems and the
  increasing technological development in print
  curing will boost UV LED market expansion.
  Various companies in the region are focusing on
  the creation of partnerships and strategic
  alliances for the expansion of production
  capacities and securing a competitive edge in the
  market.

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Latest Research Report On UV LED Market _at_
https//www.gminsights.com/industry-analysis/uv-le
d-market Request for a sample of this
research report _at_ https//www.gminsights.com/reque
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Major Companies in UV LED Market

• Crystal IS
• SemiLEDs Corporation
• NICHIA CORPORATION
• OSRAM Opto Semiconductors GmbH
• Sensor Electronic Technology, Inc.
• Seoul Viosys Co., Ltd.
• others

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Industry Coverage

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