Title: UV LED Market - Forecast(2021 - 2026)
1UV LED Market - Forecast(2021 -
2026)
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- UV LED is forecast to reach 1.2 billion by
2026, growing at a CAGR of 20.3 from 2021 to
2026. - The UV LED Market is estimated to witness a
sustainable growth over the forecast period
majorly because of the environment friendly
features for use in various applications. - Rise in Environmental concerns is one of the
major driving factors of UV LED Market in global
level. - Moreover, with the ongoing governmental
regulations in global market for deploying
energy-efficient lightings such as LED lightings,
which tend to create a major impact in the rapid
adoption of UV LEDs.
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- Key Takeaways
- The UV LED Market is estimated to witness a
sustainable growth over the forecast period
because of the rising environmental concerns for
adopting eco-friendly lighting systems at various
industries. - The other factor responsible for the growth of UV
LED Market are the various environmental friendly
features it offers to the sterilization industry
and different disinfection processes such as of
water, air and different surfaces. - In addition, increasing safety concerns over
water-borne diseases have brought an increase in
people's awareness of consuming treated water.
The growing awareness of the benefits of treated
water consumption has impacted the applications
UV LED that tend to propel its market growth.
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By Distribution Channel- Segment
Analysis Ultraviolet C (UV-C) has dominated the
UV LED Market with a share of 46.5 in 2020. In
general, UV-C LEDs have wavelength range of 275
nm (280-100 nm) and they are available in
different power levels and styles. Offering
different operations in various industries, UV-C
is available in different light sources such as
single, chip-on-board and strip module of
different specifications. Longer strip lengths
with higher outputs is one of the widely used
type. LED's have been increasingly used in
applications where UV lamps (mercury, xenon,
amalgam, excimer) have operated for decades
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- UV LED Market Industry Outlook
- Lumileds Holding BV
- Nordson Corporation
- Seoul Viosys Co.Ltd.
- Honle UV America Inc.
- LG Innotek Co. Ltd
- Halma Plc
- Heraeus Holding Gmbh
- Hnle Group
- OSRAM
- Koninklijke Philips N.V.
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UV LED Market - Forecast(2021 - 2026) Learn
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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