Ultraviolet LED Market: Development, Current Analysis and Estimated Forecast to 2028
This detailed market study focuses on the data obtained from various primary and secondary sources and is analyzed using different tools. It helps in gaining insights about the potential of the market for growth which can facilitate the investors in identifying scope and opportunities. The analysis also provides details of each segment in the global Ultraviolet LED Market
According to the report, the market growth is primarily driven by the reduced prices of UV LEDs, and increased adaptability, efficiency, and enhanced lifespan of the UV LEDs when compared with the traditional LEDs. The worldwide ban on mercury vapor lamps post 2020, attributing to the health hazards of mercury, has also accelerated the growth of the UV LED market.
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The development of UV LEDs with the help of next generation substrates, and the emerging application areas such as disinfection and purification, among others, are some of the factors that will contribute towards the growth of the market in the future. However, the transition from the UV lamps to UV LEDs, and the excessive amount of thermal heat generation from UV LEDs have been acting as restraints to the growth of the global UV LED market.
The UV LED technology is used in various sectors such as curing, sterilization, forensic, phototherapy, disinfection, printing and manufacturing of high-end health and beauty products such as wine, cider, spirits, and beer. Moreover, the technology is used in the electronics industry such as in the manufacturing of flat panel displays for OLED televisions and mobile phones.
Ultraviolet light is an undetectable type of electromagnetic energy that moves at a higher frequency and carries more energy than normal light. UV LED lights discharge light that is almost undetectable to the naked eye, yet has many reasonable applications.
The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market along with identifying major segments, and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand of global ultraviolet LED market.
Market Segmentation:
By Type:
o UV-A LED
o UV-B LED
o UV-C LED
By Application:
o Curing
o Analytic Tools
o Sterilization & Disinfection
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This upcoming study will be published shortly with a focus on the key stakeholders in the market. Regions covered in the study include North America, Asia-Pacific, Western Europe, Eastern Europe, Middle East and Rest of the World.
Major Companies Operating in the Market
o Nichia Corporation
o Seoulviosys Co. Ltd.
o Phoseon Technology
o LG Innotek, Philips Lighting
o NIKKISO Co., Ltd.
o Crystal IS
o SemiLEDs Corporation
o Koninklijke Philips N.V.
o LG INNOTEK
o Sensor Electronic Technology, Inc.
o NICHIA CORPORATION, Halma plc
o Heraeus Holding, SETi
o DOWA Electronics
o ConvergEver
o Seoul Viosys
o HexaTech
o Epistar
o Epileds
o HPL
o Rayvio
o Qingdao Jason
This report provides:
1) An overview of Global Ultraviolet LED Market globally and related technologies.
2) Analysis of global market trends, estimates of each year and annual compound growth rate projections (CAGRs).
3) Identification of new market opportunities and targeted promotion plans for Global Ultraviolet LED Market
4) Discussion of R&D and demand for new products and new applications
5) Comprehensive company profiles of key industry players.
The researchers have studied the market in depth and have come up with major segments like product type, application and region. Based on their market share, growth prospects, and CAGR, each and every segment and its sub-segments are studied. Each market segment offers in-depth information on market outlook, both qualitative and quantitative.
By Region:
North America
By Country (US, Canada, Mexico)
By Type
By Application
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Type
By Application
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Type
By Application
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Type
By Application
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Type
By Application
Rest of the World
By Region (South America, Africa)
By Type
By Application
Reasons to Buy This Report:
Market size estimation of the global ultraviolet LED market on a regional and global basis
Unique research design for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835 UK +44 121 364 6144 APAC +91 706 672 4848
Email: [email protected]
Web: www.quincemarketinsights.com
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