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The UV-LED Market Is Projected To Reach 360 Million US$ By 2025, At A CAGR Of 10.0% During The Forecast Period-Valuates Reports
The UV-LED market was valued at 170 Million US$ in 2018 and is projected to reach 360 Million US$ by 2025, at a CAGR of 10.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for UV-LED.Light Emitting Diode (LED) is a solid-state semiconductor devices, which canconvert the energy from an electric current into light. UV-LED is a kind of LED. Below the visible spectrum lies a band of wavelengths called ultraviolet (UV). Ranging from 100 to 400 nm, the radiation can effectively be used to sterilization, perform forensic analysis, cure materials and disinfect water, among many other applications.
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With new application area is developing in this industry, the UV-LED industry has already into flourish period, the UV-LED industry reached a production of approximately 2992.82 K units in 2011, and the production reached 16149.3 K units in 2015. The global UV-LED industry reached a revenue of approximately 32.24 M USD in 2011, and the revenue reached 135.85 M USD in 2015.
At present, the production companies focus on Japan, it will reached a production volume of approximately 8828.93 K units in 2016, and the production volume share is 46.23%, and the secondary production region is USA, it will reached a production volume of 4544.95 K units in 2016, and the production volume share is 23.80%.
The global UV-LED market will reached a revenue of approximately 150.06 M USD in 2016, and is expected to reach 292.48 M USD in 2021
This report presents the worldwide UV-LED market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The study objectives are:
To analyze and research the global UV-LED status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key UV-LED manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
The following manufacturers are covered in this report:
Nichia
SETi
Seoul Viosys
Crystal IS
Semileds
DOWA Electronics
Philips Lumileds
LG Innotek
NIKKISO
ConvergEver
HexaTech
Epistar
Epileds
HPL
Rayvio
Qingdao Jason
UV-LED Breakdown Data by Type
UV-A LED
UV-B LED
UV-C LED
UV-LED Breakdown Data by Application
Curing
Analytic Tools
Sterilization and Disinfection
Others
UV-LED Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
UV-LED Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
In this study, the years considered to estimate the market size of UV-LED :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
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This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of UV-LED market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Other Similar report:
Global UV Curing Machine Market: https://reports.valuates.com/sreport/QYRE-Auto-1307/Global_UV_Curing_Machine_Market
Global Ultraviolet Curing Systems Market: https://reports.valuates.com/sreport/QYRE-Auto-182/Global_Ultraviolet_Curing_Systems_Market
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