Press release
UV LED Market Growth Projections 2020-2027, Share, Size, Trends, Opportunities and Business Development Strategies by Industry Giants- Nordson Corporation, LG Innotek Co. Ltd., Lumileds Holding B.V, Nichia Corporation, OSRAM, Koninklijke Philips N.V., Sem
Allied Market Research published a new report, titled, "UV LED Market by Type (UV-A, UV-B, and UV-C), Material (Silicon Carbide, Gallium Nitride, Sapphire, and Other), and Application (Curing, Purification, Indoor Gardening, Counterfeit detection, and others), and Industry Vertical (Healthcare & Medical, Agriculture, Industrial, Residential, and Commercial): Global Opportunity Analysis and Industry Forecast, 2020–2027". According to report, the global UV LED market size is expected to hit $1.71 billion by 2027 from $0.35 billion in 2019, growing at an impressive CAGR of 21.7% from 2020 to 2027.The report has offered an all-inclusive analysis of the global UV LED Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.
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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
The report presents in-depth insights into each of the leading UV LED end user verticals along with annual forecasts to 2027. The report provides revenue forecast with sales, and sales growth rate of the global UV LED Market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.
Healthcare and Medical segment impacted positively, due to COVID 19 scenario.
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The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Top 10 leading companies in the global UV LED Market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and UV LED products and services.
The key players operating in the global UV LED industry include Nordson Corporation, LG Innotek Co. Ltd., Lumileds Holding B.V, Nichia Corporation, OSRAM, Koninklijke Philips N.V., Semileds Corporation, Crystal IS, Sensor Electronic Technology, and Phoseon Technology
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
Key Benefits for Companies from this research report:
1. The report provides a qualitative and quantitative analysis of the current UV LED Market trends, forecasts, and market size from 2020 to 2027 to determine the prevailing opportunities.
2. Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
3. Top impacting factors & major investment pockets are highlighted in the research.
4. The major countries in each region are analyzed and their revenue contribution is mentioned.
5. The market report also provides an understanding of the current position of the market players active in the UV LED industry.
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Highlights of the Report:
1. Competitive landscape of the UV LED Market.
2. Revenue generated by each segment of the UV LED Market by 2027.
3. Factors expected to drive and create new opportunities in the UV LED industry.
4. Strategies to gain sustainable growth of the market.
5. Region that would create lucrative business opportunities during the forecast period.
6. Top impacting factors of the UV LED Market.
Key Market Segments
By Type
• UV-A
• UV-B
• UV-C
By Application
• Curing
• Disinfection/Purification
• Indoor Gardening
• Counterfeit Detection
• Others
By Industry Vertical
• Healthcare and Medical
• Agriculture
• Industrial
• Residential
• Commercial
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
Key Players
• Nordson Corporation
• LG Innotek Co. Ltd.
• Lumileds Holding B.V
• Nichia Corporation
• OSRAM
• Koninklijke Philips N.V.
• Semileds Corporation
• Crystal IS
• Sensor Electronic Technology
• Phoseon Technology
Report Discussed in 9 Chapters(337+ Pages)
CHAPTER 1:INTRODUCTION
CHAPTER 2:EXECUTIVE SUMMARY
CHAPTER 3:MARKET OVERVIEW
CHAPTER 4:GLOBAL UV LED MARKET, BY TYPE
CHAPTER 5:UV LED MARKET, BY APPLICATION
CHAPTER 6:UV LED MARKET, BY INDUSTRY VERTICAL
CHAPTER 7:UV LED MARKET, BY REGION
CHAPTER 8:COMPETITIVE LANDSCAPE
CHAPTER 9:COMPANY PROFILE
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned.
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