UV LED Market Expected to Reach Tremendous Growth, Industry Insights, SWOT Analysis, Market Size, Share, Growth Factors, Forecast to 2025

Global UV LED Market Analysis to 2025 is a specialized and in-depth study of the UV LED Market with a special focus on the global market trend analysis. The UV LED market was valued at US$ 178.4 Mn in 2016 and is projected to reach US$ 1,311.7 Mn in 2025; it is expected to grow at a CAGR of 24.8% from 2017 to 2025. Ultraviolet (UV) lights are an invisible form of electromagnetic energy that travel at high frequencies and generally carries more energy than visible light. UV LED are the light emitting diodes that emit light in these frequencies and wavelength. The wavelength of these LEDs range from 10 nm to 400 nm. UV LEDs are majorly distributed into three types based on its wavelength and applications as UV A, UV B and UV C LEDs. UV A LED are within the wavelength range of 325 - 395 nm and have the largest number of applications between all three LEDs which are in curing, tanning, photo catalytic purification, counterfeit detection and medical phototherapy.

The report aims to provide an overview of Global UV LED Market along with detailed segmentation of market by product, application and five major geographical regions. Global UV LED market is expected to witness growth during the forecast period owing to declining availability of farming farm workers and attainment of high crop value.
The UV LED Market research report provides an in-depth examination of the key factors stimulating market expansion. It also sheds light on the challenges or restraining factors that are poised to hinder industry growth over the forecast timeframe. Growth rate, market share captured, and valuation estimates for each region, segment, and company are documented as well.

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Top Listed Players in this Report are:
Koninklijke Philips N.V.
LG Electronics, Inc.
Crystal IS Inc.
Nichia Corporation
Phoseon Technology
SemiLEDs Corporation
Seoul Viosys Co. Ltd.
Sensor Electronic Technolgy Inc.
Halma PLC
Heraeus Holding GmBH

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Market Insights:
Global endorsement of energy saving policies
Energy conservation over the years has become a major concern among the nations worldwide. This has further led to evolution of several public initiated policies, one of these is the Minamata Convention. The Minamata Convention on Mercury is an international treaty that is subjected towards protection of environment and human health against the anthropogenic release and emission of mercury and its compounds. As UV LED is a semiconductor device that eliminates the use of mercury and is more energy efficient, the government and private organization across the globe are promoting the adoption of UV LED over UV lamps, across all the industries.

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UV LED Market Segmentation:
By Technology:
UV-A
UV-B
UV-C

By Application:
Curing
Medical
Electronics Device
Water Treatment
Security
Others

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