2018 Global Ultraviolet LED Technology Market analysis by top key manufacturers: Crystal, Nichia Corp, Phoseon Technology and others

This report focuses on the global Ultraviolet LED Technology status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Ultraviolet LED Technology development in United States, Europe and China.

An LED is a semiconductor device/light source that emits visible light or infrared light when an electric charge passes through it. LEDs are primarily used in indicator lamps and for other types of lighting such as that used in billboard signs, TV remotes, and brake lights of vehicles. Initially, LEDs would only emit a low-intensity red light. Currently, however, LEDs are available across the visible, ultraviolet, and infrared wavelengths. They work on the principle of electroluminescence, wherein the color of illumination is determined by the energy band gap of the semiconductor. A UV LED displays an ultraviolet light; its wavelength is less than 400 nm. 

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The UV LED market is expected to grow with new applications such as disinfection, that is, air and water purification system which works on UV-C technology. New technological advancements such as replacement of mercury lamp, flux density, and high performance with the high wavelength are also fostering the growth of the UV LED market. One of the emerging trends with respect to the industrial application of UV LED is the growing demand for UV curing solutions that integrates coating, printing, and adhesives and the evolution of UV lamps to UV LED.

In 2017, the global Ultraviolet LED Technology market size was 140 million US$ and it is expected to reach 670 million US$ by the end of 2025, with a CAGR of 22.2% during 2018-2025.

The key players covered in this study:

Crystal
Nichia Corp
Phoseon Technology
SemiLEDs
Sensor Electronic Technology
Seoul Viosys
Market segment by Type, the product can be split into

UVA
UVB
UVC
Market segment by Application, split into

Air Purification
Currency Validation
Dental Curing and Teeth Whitening
DNA Gel
Fluorescence Disclosure and Verification
Water Purification
Medical Phototherapy
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Objectives of this Report:

To study and analyze the global Ultraviolet LED Technology market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
Focuses on the key global Ultraviolet LED Technology manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the with respect to individual growth trends, future prospects, and their contribution to the total market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To project the value and volume of Ultraviolet LED Technology submarkets, with respect to key regions (along with their respective key countries).
To strategically profile the key players and comprehensively analyze their growth strategies.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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This release was published on openPR.