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UV LED Market Share

  • Report ID: GMI5113
  • Published Date: Aug 2022
  • Report Format: PDF

UV LED Market Share

Major players in the UV LED market include:

  • Seoul Viosys Co., Ltd
  • Nikkiso Co., Ltd
  • Nichia Corporation
  • Signify NV
  • LITE-ON Technology, Inc
  • Crystal IS, Inc
  • ams-OSRAM International GmbH
  • Epitop Optoelectronic co., LTD

Firms mainly focus on strategic collaborations and deploying novel products.

For instance, in June 2022, Soeul Viosys Co., Ltd. supplied its latest technology of Violeds to UK-based Typhon Treatment Systems Ltd. This technology, which uses UV LED to protect against contaminants and bacteria, is energy-efficient and will help reduce costs compared to existing UV lamps used in treatment plants.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of UV LED crossed USD 400 million in 2021 and is set to expand at over 20% CAGR through 2030 owing to growing product demand in disinfection and sterilization applications.

The demand for UV LED from UV curing is estimated to grow at approximately 20% CAGR over 2022-2030 on account of the adoption of UV LEDs in coating, packaging, and assembly applications.

The European UV LED industry will grow at a CAGR of above 15% till 2030 due to the growing demand for UV curing systems in the region.

The UV-C LED segment size is poised to be valued at more than USD 700 million by the end of 2030 attributed to their durability and environmental capabilities.

Some of the major players include Seoul Viosys Co., Ltd., Signify NV, Nikkiso Co., Ltd., Nichia Corporation, DOWA HOLDINGS CO., LTD., NITRIDE SEMICONDUCTORS Co., Ltd., LITE-ON Technology, Inc., ams-OSRAM International GmbH, Crystal IS, Inc., and Epitop Optoelectronic co., LTD.

UV LED Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 20
  • Tables & Figures: 455
  • Countries covered: 16
  • Pages: 310
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