Press release
UVC LED Market to Witness Robust Expansion by 2023
The electromagnetic spectrum of ultraviolet light can be subdivided in a number of ways. The draft ISO standard on determining solar irradiances (ISO-DIS-21348) describes the UVA (400~315nm), UVB (315~280nm), UVC (280~100nm). UVC LED is a kind of Ultra-violet LED (UV LED) with light emitted in the UVC spectrum.
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Global UVC LED Market: Forecast by Type / Application / Region
As large demand of UVC LED product, the domestic enterprises should hold the opportunity to improve their technology with domestic advantages, such as low raw material price. we tend to believe this industry now should improve in technology, and the consumption increasing degree will show a slowly growth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Over the next five years, LPI(LP Information) projects that UVC LED will register a 92.3% CAGR in terms of revenue, reach US$ 200 million by 2023, from US$ 4 million in 2017.
Global UVC LED Market: Key Players
SETi
Crystal IS
HexaTech
Seoul Viosys
NIKKISO
Rayvio
DOWA
LG Innotek
ConvergEver
Qingdao Jason
HPL
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Related Information:
United States UVC LED Market Research Report 2018
Europe UVC LED Market Research Report 2018
North America UVC LED Market Research Report 2018
Asia-Pacific UVC LED Market Research Report 2018
China UVC LED Market Research Report 2018
EMEA UVC LED Market Research Report 2018
Global UVC LED Market Research Report 2018
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