20.06.23 17
Impact of COVID-19 on the Global UV LED Market 2020-2025 | Featuring Lumileds Holding, LG Innotek, Nordson Corp, Honle UV America, Seoul Viosys Co, and More
The "Global UV LED Market: Growth, Trends and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
The Global UV LED Market was valued at USD 294.8 million in 2019 and is expected to reach USD 870.7 million by 2025, registering a CAGR of 20.1% during the forecast period of 2020-2025.
UV LEDs do not contain toxic mercury and are often found in CCFL technology. They are much smaller and more durable than CCFLs and are more resistant to vibration and impact, resulting in less product breakage and reduced waste and maintenance expense as well. As a result, it creates an avenue for the new companies in the market; thus, propelling the market for this technology over the forecast period. Also, the existing players and startups are looking for viable options to capitalize on this growing trend. The startups are expected to adopt UV-C LEDs compared to existing players, owing to the lack of legacy bias toward the germicidal lamps.
Key Highlights
The eco-friendly composition of UV LED is driving the market. The UV LEDs witnesses a rapid adoption and becomes viable alternatives due to their lower energy consumption than mercury bulb lamps. The overall heat generated by the UV LEDs is considerably low. The UV LED lamps reaches a maximum of 40C, whereas mercury lamps heat up to more than 60C. Further, the European Commission periodically reviews RoHS exemptions. Currently, mercury lamps are planned to be expelled under RoHS, owing to their effects on the environment. This factor leads to significant power savings and a higher ROI in the long run.
Rising adoption of UV Curing drives the market. The ink revenues are growing faster than the overall graphics and packaging market; users are taking advantage of instant drying to improve their production efficiencies and exploit both decorative and functional properties of the inks and coatings. Radiation curing, including ultraviolet (UV) curing technology, is now being increasingly used in various sectors of applications, as the clean and green technology helps in increasing productivity, compared to the other traditional methods of curing.
While the print volumes in graphics have been falling by 3% per year, between 2012 and 2022, the radiation curing print segment and the still booming packaging market are poised to expand their market share. The radiation curing segment will grow by 25% by volume and 33.6% in value terms across this period, according to FESPA.
Further, with the recent outbreak of Covid-19, the UV LED market is witnessing a significant surge in demand due to its usage in disinfecting the surfaces and germs killing properties. In many countries, such as China, the United States, among others, are using UV lamps to clean the surfaces and prevent people from getting infected. According to photonics media, Covid-19 has increased the demand for UV LEDs that disinfect spaces.
According to Ultraviolet Germicidal Irradiation Handbook1, one minute of UV-C light sterilizes more than 90% of the coronavirus. Also, tests conducted by Chinese agencies on air appliances equipped with the violeds UV LED sterilization technology has demonstrated a 97% reduction in airborne virus particles.
Furthermore, in May 2020, Seoul Viosys announced that customer inquiries for its violeds UV LED products, which are used for sterilizing bacteria, increased more than five times over the previous month, which is fueled by concerns over the continuing global spread of the virus causing COVID-19.
Market Trends
Sterilization to Significantly Contribute to Market Growth
The scope for a UV LED is becoming abundant in sterilization applications, as it is being proved to be the cheapest way to provide safe drinking water across the globe. This also provides monetary benefits to the players with increasing consumption.
The industry players are finding the huge potential due to which they are highly investing and further entering into this sector. Few studies suggest that the utilization of UV-based water disinfection is highly efficient than chlorine method, as the UV-based water disinfection operates in 120 mW irradiation capacity and a wavelength of 270 nm, which takes approximately two minutes in reducing waste by 90-99.9%.
In September 2019, Genome BC invested USD 1 million in Acuva Technologies for developing UV-LED technology for water purification. Further, in August 2019, Fraunhofer researchers were investigating a greener and more efficient alternative, which uses UV LEDs to destroy bacterial DNA. The technology is suitable for disinfecting the brewing water and for disinfecting the caps and closures for bottled beer, soft drinks, and the mineral water during the filling process.
In the United States, with the prediction of investment in water infrastructure in the coming years, water disinfection and sanitization requirement and the presence of regulation in the country resulted in improved demand. There have been incidents, such as 16 million cases of acute gastroenteritis occurring each year at the United States community water systems due to drinking water.
Further, increasing concerns over water-borne diseases have augmented the increase in awareness among the people for consuming treated water. The growing awareness of the benefits of treated water consumption has impacted the UV LED market that caters to this segment, i.e., UV C LEDs.
Also, US EPA estimated that one out of three Americans consuming water from the streams was susceptible to drinking polluted water. The traditional water purification system has been costly and considered vulnerable to mercury leakage. With the improvements in the LED life in this spectrum and counter developments to address the inefficiency of UV LED in the segment has improved the market.
Asia-Pacific to Hold Major Growth in the Market
Asia-Pacific is anticipated to gain significant market growth over the forecast period. Vendors based on Japan and China are making major investments in line with the expanding applications of UV LEDs such as disinfection and sterilization, in addition to their expansion activities.
One of the major vendors, Nichia Corporation, Japan, in April 2019 launched its 280 nm UVC NCSU334A deep blue ultraviolet-outputting LED, which is intended to address the mass-market needs for air sterilization and water purification by using the solid-state lighting. Moreover, the company had considerable success with the innovation and development of its UVA LEDs, specifically designed for resin curing applications.
Moreover, coating companies in China are investing heavily in intelligent manufacturing. The international brands and the domestic players are joining the new wave of investment. In February 2019, the Hubei province announced that ShenzhenUV-ChemTech LTD and Yihua announced to invest CNY 8 billion to construct the world's largest UV curing material project. In this project, 20 thousand ton (per year) of photoinitiators, 100 thousand ton (per year) of LED curing coatings, and 80 thousand ton (per year) of monomer resins will be produced.
Furthermore, in South Korea, the growing demand for organic food and fresh water is expected to increase the demand for UV LEDs for horticultural applications and water purification. In March 2020, UNICEF partnered with South Korea to provide water and sanitation services for the vulnerable population (mostly children) in areas hit by violence in Iraq, such as Anbar, Ninewa, and Salah al-Din. The country has contributed USD 1 million for the cause.
Further, UV LEDs are being used in medical equipment used for phototherapy, drug discovery, DNA analysis, and vitamin analysis. The South Korean government is actively making investments in the pharma sector to help drug development and innovation within the healthcare field. Government agencies related to new drug development have outlined the "National New Drug Development Research Project," which is expected to invest WON 3.5 trillion (USD 2.9 billion) over ten years from 2021.
Competitive Landscape
The UV LED market is highly fragmented due to various players providing high competition. The major players are striving to gain a sustainable competitive advantage through their innovation, and several new players, like Osram, are making significant investments in the market. Key players are Lumileds Holding BV, LG Innotek Co. Ltd, etc. Recent developments in the market are:
March 2020 - Nichia is aiming to extend its dominance to the UV market following its showcase at the RadTech 2020 conference and exhibition in Orlando. Nichia expects its UV portfolio to play a significant role in completely replacing conventional mercury lamps and their associated environmental issues.
May 2019 - Klaran launched a new 60mW UVC LED and Reactor Prototype for water disinfection, demonstrating the NSF Class A performance. In the advanced prototype reactor, the 60mW LED demonstrated effective and affordable water treatment at flow rates up to three liters per minute,
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Impact of COVID-19 on the Global UV LED Market 2020-2025 | Featuring Lumileds Holding, LG Innotek, Nordson Corp, Honle UV America, Seoul Viosys Co, and More - ResearchAndMarkets.com
June 22, 2020 05:24 AM Eastern Daylight Time
DUBLIN--(BUSINESS WIRE)--The "Global UV LED Market: Growth, Trends and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
“Global UV LED Market: Growth, Trends and Forecasts (2020-2025)”
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The Global UV LED Market was valued at USD 294.8 million in 2019 and is expected to reach USD 870.7 million by 2025, registering a CAGR of 20.1% during the forecast period of 2020-2025.
UV LEDs do not contain toxic mercury and are often found in CCFL technology. They are much smaller and more durable than CCFLs and are more resistant to vibration and impact, resulting in less product breakage and reduced waste and maintenance expense as well. As a result, it creates an avenue for the new companies in the market; thus, propelling the market for this technology over the forecast period. Also, the existing players and startups are looking for viable options to capitalize on this growing trend. The startups are expected to adopt UV-C LEDs compared to existing players, owing to the lack of legacy bias toward the germicidal lamps.
Key Highlights
The eco-friendly composition of UV LED is driving the market. The UV LEDs witnesses a rapid adoption and becomes viable alternatives due to their lower energy consumption than mercury bulb lamps. The overall heat generated by the UV LEDs is considerably low. The UV LED lamps reaches a maximum of 40C, whereas mercury lamps heat up to more than 60C. Further, the European Commission periodically reviews RoHS exemptions. Currently, mercury lamps are planned to be expelled under RoHS, owing to their effects on the environment. This factor leads to significant power savings and a higher ROI in the long run.
Rising adoption of UV Curing drives the market. The ink revenues are growing faster than the overall graphics and packaging market; users are taking advantage of instant drying to improve their production efficiencies and exploit both decorative and functional properties of the inks and coatings. Radiation curing, including ultraviolet (UV) curing technology, is now being increasingly used in various sectors of applications, as the clean and green technology helps in increasing productivity, compared to the other traditional methods of curing.
While the print volumes in graphics have been falling by 3% per year, between 2012 and 2022, the radiation curing print segment and the still booming packaging market are poised to expand their market share. The radiation curing segment will grow by 25% by volume and 33.6% in value terms across this period, according to FESPA.
Further, with the recent outbreak of Covid-19, the UV LED market is witnessing a significant surge in demand due to its usage in disinfecting the surfaces and germs killing properties. In many countries, such as China, the United States, among others, are using UV lamps to clean the surfaces and prevent people from getting infected. According to photonics media, Covid-19 has increased the demand for UV LEDs that disinfect spaces.
According to Ultraviolet Germicidal Irradiation Handbook1, one minute of UV-C light sterilizes more than 90% of the coronavirus. Also, tests conducted by Chinese agencies on air appliances equipped with the violeds UV LED sterilization technology has demonstrated a 97% reduction in airborne virus particles.
Furthermore, in May 2020, Seoul Viosys announced that customer inquiries for its violeds UV LED products, which are used for sterilizing bacteria, increased more than five times over the previous month, which is fueled by concerns over the continuing global spread of the virus causing COVID-19.
Market Trends
Sterilization to Significantly Contribute to Market Growth
The scope for a UV LED is becoming abundant in sterilization applications, as it is being proved to be the cheapest way to provide safe drinking water across the globe. This also provides monetary benefits to the players with increasing consumption.
The industry players are finding the huge potential due to which they are highly investing and further entering into this sector. Few studies suggest that the utilization of UV-based water disinfection is highly efficient than chlorine method, as the UV-based water disinfection operates in 120 mW irradiation capacity and a wavelength of 270 nm, which takes approximately two minutes in reducing waste by 90-99.9%.
In September 2019, Genome BC invested USD 1 million in Acuva Technologies for developing UV-LED technology for water purification. Further, in August 2019, Fraunhofer researchers were investigating a greener and more efficient alternative, which uses UV LEDs to destroy bacterial DNA. The technology is suitable for disinfecting the brewing water and for disinfecting the caps and closures for bottled beer, soft drinks, and the mineral water during the filling process.
In the United States, with the prediction of investment in water infrastructure in the coming years, water disinfection and sanitization requirement and the presence of regulation in the country resulted in improved demand. There have been incidents, such as 16 million cases of acute gastroenteritis occurring each year at the United States community water systems due to drinking water.
Further, increasing concerns over water-borne diseases have augmented the increase in awareness among the people for consuming treated water. The growing awareness of the benefits of treated water consumption has impacted the UV LED market that caters to this segment, i.e., UV C LEDs.
Also, US EPA estimated that one out of three Americans consuming water from the streams was susceptible to drinking polluted water. The traditional water purification system has been costly and considered vulnerable to mercury leakage. With the improvements in the LED life in this spectrum and counter developments to address the inefficiency of UV LED in the segment has improved the market.
Asia-Pacific to Hold Major Growth in the Market
Asia-Pacific is anticipated to gain significant market growth over the forecast period. Vendors based on Japan and China are making major investments in line with the expanding applications of UV LEDs such as disinfection and sterilization, in addition to their expansion activities.
One of the major vendors, Nichia Corporation, Japan, in April 2019 launched its 280 nm UVC NCSU334A deep blue ultraviolet-outputting LED, which is intended to address the mass-market needs for air sterilization and water purification by using the solid-state lighting. Moreover, the company had considerable success with the innovation and development of its UVA LEDs, specifically designed for resin curing applications.
Moreover, coating companies in China are investing heavily in intelligent manufacturing. The international brands and the domestic players are joining the new wave of investment. In February 2019, the Hubei province announced that ShenzhenUV-ChemTech LTD and Yihua announced to invest CNY 8 billion to construct the world's largest UV curing material project. In this project, 20 thousand ton (per year) of photoinitiators, 100 thousand ton (per year) of LED curing coatings, and 80 thousand ton (per year) of monomer resins will be produced.
Furthermore, in South Korea, the growing demand for organic food and fresh water is expected to increase the demand for UV LEDs for horticultural applications and water purification. In March 2020, UNICEF partnered with South Korea to provide water and sanitation services for the vulnerable population (mostly children) in areas hit by violence in Iraq, such as Anbar, Ninewa, and Salah al-Din. The country has contributed USD 1 million for the cause.
Further, UV LEDs are being used in medical equipment used for phototherapy, drug discovery, DNA analysis, and vitamin analysis. The South Korean government is actively making investments in the pharma sector to help drug development and innovation within the healthcare field. Government agencies related to new drug development have outlined the "National New Drug Development Research Project," which is expected to invest WON 3.5 trillion (USD 2.9 billion) over ten years from 2021.
Competitive Landscape
The UV LED market is highly fragmented due to various players providing high competition. The major players are striving to gain a sustainable competitive advantage through their innovation, and several new players, like Osram, are making significant investments in the market. Key players are Lumileds Holding BV, LG Innotek Co. Ltd, etc. Recent developments in the market are:
March 2020 - Nichia is aiming to extend its dominance to the UV market following its showcase at the RadTech 2020 conference and exhibition in Orlando. Nichia expects its UV portfolio to play a significant role in completely replacing conventional mercury lamps and their associated environmental issues.
May 2019 - Klaran launched a new 60mW UVC LED and Reactor Prototype for water disinfection, demonstrating the NSF Class A performance. In the advanced prototype reactor, the 60mW LED demonstrated effective and affordable water treatment at flow rates up to three liters per minute,
Key Topics Covered
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Market Overview
The global UV-LED market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 20.3% in the forecast period of 2020 to 2025 and will expected to reach 577.4 million by 2025, from 275.8 million in 2019.
The UV-LED market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
Market segmentation
UV-LED market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
By Type, UV-LED market has been segmented into UV-A LED, UV-B LED, UV-C LED, etc.
By Application, UV-LED has been segmented into Sterilization & Disinfection, Analytic Tools, Curing, Others, etc.
Regions and Countries Level Analysis
Regional analysis is another highly comprehensive part of the research and analysis study of the global UV-LED market presented in the report. This section sheds light on the sales growth of different regional and country-level UV-LED markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global UV-LED market.
The report offers in-depth assessment of the growth and other aspects of the UV-LED market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional UV-LED markets such as North America, Europe, Asia-Pacific, South America and Middle East & Africa.
Competitive Landscape and UV-LED Market Share Analysis
UV-LED competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, UV-LED sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the UV-LED sales, revenue and market share for each player covered in this report.
The major players covered in UV-LED are: LG Innotek, High Power Lighting Corp, DOWA Electronics, Honlitronics, Lumileds, Seoul Viosys, Crystal IS, NIKKISO, Stanley, Nichia, Lite-on, Lextar, NationStar, San’an, Nitride, etc. Among other players domestic and global, UV-LED market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. Global Info Research analysts understand competitive strengths and provide competitive analysis for each competitor separately.
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe UV-LED product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of UV-LED, with price, sales, revenue and global market share of UV-LED in 2018 and 2019.
Chapter 3, the UV-LED competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the UV-LED breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, UV-LED market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.
Chapter 13, 14 and 15, to describe UV-LED sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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UV LED 기술 산업에 Covid-19의 영향 2020 : 세계 시장 성장, 크기, 공유, 수요 동향 및 2026에 예측
research insights research insights
10 hours ago
http://www.joonganghi.com
http://www.joonganghi.com
글로벌 UV LED 기술 산업 2020 연구 보고서는 시장 규모, 공유, 동향, 성장, 비용 구조, 용량, 수익에 대한 정보를 제공하고 2026 년이 보고서는 또한의 성장에 영향을 미치는 모든 측면과 UV LED 기술 시장의 전체적이고 포괄적 인 연구를 포함 예측 시장. 이 보고서는 UV LED 기술 산업의 철저한 정량 분석하고 시장의 성장과 효율성을 높이기 위해 전략을 만들기위한 데이터를 제공합니다.
보고서의 샘플 사본을 요청 @ www.precisionreports.co/enquiry/request-sample/15298286
글로벌 UV LED 기술 시장 2020 연구 정의, 분류, 응용 프로그램 및 산업 체인 구조를 포함하여 산업의 기본 개요를 제공합니다. 글로벌 UV LED 기술 시장 분석 개발 동향, 경쟁 구도 분석, 주요 지역 개발 상태를 포함하여 국제 시장을 위해 제공됩니다. 개발 정책과 계획은 프로세스와 비용 구조도 분석 제조뿐만 아니라 논의된다. 이 보고서는 또한 가져 오기 / 내보내기 소비, 수요와 공급 피규어, 비용, 가격, 매출과 매출 총 이익을 말한다.
상위 주요 제조업체와 표와 그림의 목록 페이지에서 UV LED 기술 시장 조사 보고서 확산.
, 생산, 가격, 수익 (값)와 각 제조업체에 포함 TOP 제조 업체에 의해 글로벌 UV LED 기술 시장 경쟁
Hexatech
Crystal IS
LG Innotek
SemiLEDs
Nichia
Philips Lumileds
Honle Group
Panasonic
Phoseon
Sensor Electronics Technology
Seoul Viosys
Integration Technology
Lextar Electronic
Luminus Devices
Nitride Semiconductors
Nordson
Advanced Optoelectronic Technology
Dowa Electronics Material
Heraeus Holding
지역 분석
미국, 캐나다, 독일, 프랑스, 영국, 이탈리아, 러시아, 중국, 일본, 한국, 대만, 동남 아시아, 멕시코를 포함한 중요한 지역에서 UV LED 기술 시장의 성장과 다른 측면의 보고서 제공에 대한 심층 평가 , 브라질은 자료에 언급 등 주요 지역은 북미, 유럽, 아시아 – 태평양 및 라틴 아메리카입니다.
이 보고서는 관찰과 같은 특정 지역의 경제적, 환경 적, 사회적, 기술적, 정치적 상태로 지역 성장을 결정하는 다양한 요인을 연구 한 후 큐레이터되었습니다. 분석가들은 각 지역의 매출, 생산 및 제조 업체의 데이터를 연구 하였다. 이 섹션은 예측 기간 동안 지역이 많다는 매출과 볼륨을 분석한다. 이러한 분석은 특정 지역에 대한 투자의 잠재적 가치를 이해하는 독자 도움이 될 것입니다.
경쟁 구도
보고서의이 섹션은 시장의 여러 주요 업체를 식별합니다. 그것은 독자가 플레이어 시장에서 전투의 경쟁에 초점을 맞추고있다 전략과 협력을 이해하는 데 도움이됩니다. 포괄적 인 보고서는 시장에서 상당한 미세한 모양을 제공합니다. 독자는 예측 기간 동안 제조업체의 제조 업체의 글로벌 수입, 제조 업체의 글로벌 가격 및 생산에 대해 알고에 의해 제조 업체의 발자국을 식별 할 수 있습니다.
UV LED 기술 시장에 Covid-19 영향 분석 요청에 대한 샘플 @ www.precisionreports.co/enquiry/request-covid19/15298286
글로벌 UV LED 기술 시장은 회사 프로필, 제품 사진 및 사양, 용량, 생산, 가격, 비용, 수익 및 연락처 정보 등의 정보를 제공한다. 업스트림 원료 및 장비 및 다운 스트림 수요 분석도 수행한다. 글로벌 UV LED 기술 시장 개발 동향 및 마케팅 채널 분석된다. 마지막으로 새로운 투자 프로젝트의 타당성을 평가하고 전체 연구의 결론은 제안했다.
표와 그림은 전 세계적으로 글로벌 UV LED 기술 시장을 분석 도움으로,이 연구는 산업의 상태에 대한 주요 통계를 제공하고 시장에 관심이있는 기업과 개인에 대한지도와 방향의 중요한 원천입니다.
제품의 기준이 보고서에는 각 유형의 생산, 수입, 가격, 시장 점유율과 성장 속도는 주로로 분할
은 UVA
UVB
UVC
최종 사용자 / 애플리케이션에 기초하여,이 보고서를 포함하여 각 응용 프로그램에 대한 주요 응용 프로그램 / 최종 사용자, 소비 (판매), 시장 점유율과 성장률의 상태 및 전망에 초점을 맞추고
UV 경화
의료
물 정화
공기 정화
다른
www.precisionreports.co/purchase/15298286 -에서이 보고서를 구매
이 보고서의 연구 목적은 다음과 같습니다 :
• 글로벌 UV LED 기술 용량을 분석하고 연구하기 위해 생산, 가치, 소비, 상태 (2,015에서 2,019 사이) 및 예측 (2,020에서 2,026 사이);
• 향후 용량, 생산, 가치, 시장 점유율 및 개발 계획을 연구하기 위해, 키 UV LED 기술 제조업체에 초점을 맞 춥니 다.
• 정의, 설명하고 시장 경쟁 풍경, SWOT 분석을 분석, 글로벌 주요 업체에 초점을 맞 춥니 다.
• 정의, 설명 및 유형, 응용 프로그램과 지역에 따라 시장을 예측합니다.
Categories: 시장 조사
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Impact of COVID-19 on the Global UV LED Market 2020-2025 | Featuring Lumileds Holding, LG Innotek, Nordson Corp, Honle UV America, Seoul Viosys Co, and More
The "Global UV LED Market: Growth, Trends and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
The Global UV LED Market was valued at USD 294.8 million in 2019 and is expected to reach USD 870.7 million by 2025, registering a CAGR of 20.1% during the forecast period of 2020-2025.
UV LEDs do not contain toxic mercury and are often found in CCFL technology. They are much smaller and more durable than CCFLs and are more resistant to vibration and impact, resulting in less product breakage and reduced waste and maintenance expense as well. As a result, it creates an avenue for the new companies in the market; thus, propelling the market for this technology over the forecast period. Also, the existing players and startups are looking for viable options to capitalize on this growing trend. The startups are expected to adopt UV-C LEDs compared to existing players, owing to the lack of legacy bias toward the germicidal lamps.
Key Highlights
The eco-friendly composition of UV LED is driving the market. The UV LEDs witnesses a rapid adoption and becomes viable alternatives due to their lower energy consumption than mercury bulb lamps. The overall heat generated by the UV LEDs is considerably low. The UV LED lamps reaches a maximum of 40C, whereas mercury lamps heat up to more than 60C. Further, the European Commission periodically reviews RoHS exemptions. Currently, mercury lamps are planned to be expelled under RoHS, owing to their effects on the environment. This factor leads to significant power savings and a higher ROI in the long run.
Rising adoption of UV Curing drives the market. The ink revenues are growing faster than the overall graphics and packaging market; users are taking advantage of instant drying to improve their production efficiencies and exploit both decorative and functional properties of the inks and coatings. Radiation curing, including ultraviolet (UV) curing technology, is now being increasingly used in various sectors of applications, as the clean and green technology helps in increasing productivity, compared to the other traditional methods of curing.
While the print volumes in graphics have been falling by 3% per year, between 2012 and 2022, the radiation curing print segment and the still booming packaging market are poised to expand their market share. The radiation curing segment will grow by 25% by volume and 33.6% in value terms across this period, according to FESPA.
Further, with the recent outbreak of Covid-19, the UV LED market is witnessing a significant surge in demand due to its usage in disinfecting the surfaces and germs killing properties. In many countries, such as China, the United States, among others, are using UV lamps to clean the surfaces and prevent people from getting infected. According to photonics media, Covid-19 has increased the demand for UV LEDs that disinfect spaces.
According to Ultraviolet Germicidal Irradiation Handbook1, one minute of UV-C light sterilizes more than 90% of the coronavirus. Also, tests conducted by Chinese agencies on air appliances equipped with the violeds UV LED sterilization technology has demonstrated a 97% reduction in airborne virus particles.
Furthermore, in May 2020, Seoul Viosys announced that customer inquiries for its violeds UV LED products, which are used for sterilizing bacteria, increased more than five times over the previous month, which is fueled by concerns over the continuing global spread of the virus causing COVID-19.
Market Trends
Sterilization to Significantly Contribute to Market Growth
The scope for a UV LED is becoming abundant in sterilization applications, as it is being proved to be the cheapest way to provide safe drinking water across the globe. This also provides monetary benefits to the players with increasing consumption.
The industry players are finding the huge potential due to which they are highly investing and further entering into this sector. Few studies suggest that the utilization of UV-based water disinfection is highly efficient than chlorine method, as the UV-based water disinfection operates in 120 mW irradiation capacity and a wavelength of 270 nm, which takes approximately two minutes in reducing waste by 90-99.9%.
In September 2019, Genome BC invested USD 1 million in Acuva Technologies for developing UV-LED technology for water purification. Further, in August 2019, Fraunhofer researchers were investigating a greener and more efficient alternative, which uses UV LEDs to destroy bacterial DNA. The technology is suitable for disinfecting the brewing water and for disinfecting the caps and closures for bottled beer, soft drinks, and the mineral water during the filling process.
In the United States, with the prediction of investment in water infrastructure in the coming years, water disinfection and sanitization requirement and the presence of regulation in the country resulted in improved demand. There have been incidents, such as 16 million cases of acute gastroenteritis occurring each year at the United States community water systems due to drinking water.
Further, increasing concerns over water-borne diseases have augmented the increase in awareness among the people for consuming treated water. The growing awareness of the benefits of treated water consumption has impacted the UV LED market that caters to this segment, i.e., UV C LEDs.
Also, US EPA estimated that one out of three Americans consuming water from the streams was susceptible to drinking polluted water. The traditional water purification system has been costly and considered vulnerable to mercury leakage. With the improvements in the LED life in this spectrum and counter developments to address the inefficiency of UV LED in the segment has improved the market.
Asia-Pacific to Hold Major Growth in the Market
Asia-Pacific is anticipated to gain significant market growth over the forecast period. Vendors based on Japan and China are making major investments in line with the expanding applications of UV LEDs such as disinfection and sterilization, in addition to their expansion activities.
One of the major vendors, Nichia Corporation, Japan, in April 2019 launched its 280 nm UVC NCSU334A deep blue ultraviolet-outputting LED, which is intended to address the mass-market needs for air sterilization and water purification by using the solid-state lighting. Moreover, the company had considerable success with the innovation and development of its UVA LEDs, specifically designed for resin curing applications.
Moreover, coating companies in China are investing heavily in intelligent manufacturing. The international brands and the domestic players are joining the new wave of investment. In February 2019, the Hubei province announced that ShenzhenUV-ChemTech LTD and Yihua announced to invest CNY 8 billion to construct the world's largest UV curing material project. In this project, 20 thousand ton (per year) of photoinitiators, 100 thousand ton (per year) of LED curing coatings, and 80 thousand ton (per year) of monomer resins will be produced.
Furthermore, in South Korea, the growing demand for organic food and fresh water is expected to increase the demand for UV LEDs for horticultural applications and water purification. In March 2020, UNICEF partnered with South Korea to provide water and sanitation services for the vulnerable population (mostly children) in areas hit by violence in Iraq, such as Anbar, Ninewa, and Salah al-Din. The country has contributed USD 1 million for the cause.
Further, UV LEDs are being used in medical equipment used for phototherapy, drug discovery, DNA analysis, and vitamin analysis. The South Korean government is actively making investments in the pharma sector to help drug development and innovation within the healthcare field. Government agencies related to new drug development have outlined the "National New Drug Development Research Project," which is expected to invest WON 3.5 trillion (USD 2.9 billion) over ten years from 2021.
Competitive Landscape
The UV LED market is highly fragmented due to various players providing high competition. The major players are striving to gain a sustainable competitive advantage through their innovation, and several new players, like Osram, are making significant investments in the market. Key players are Lumileds Holding BV, LG Innotek Co. Ltd, etc. Recent developments in the market are:
March 2020 - Nichia is aiming to extend its dominance to the UV market following its showcase at the RadTech 2020 conference and exhibition in Orlando. Nichia expects its UV portfolio to play a significant role in completely replacing conventional mercury lamps and their associated environmental issues.
May 2019 - Klaran launched a new 60mW UVC LED and Reactor Prototype for water disinfection, demonstrating the NSF Class A performance. In the advanced prototype reactor, the 60mW LED demonstrated effective and affordable water treatment at flow rates up to three liters per minute,
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Impact of COVID-19 on the Global UV LED Market 2020-2025 | Featuring Lumileds Holding, LG Innotek, Nordson Corp, Honle UV America, Seoul Viosys Co, and More - ResearchAndMarkets.com
June 22, 2020 05:24 AM Eastern Daylight Time
DUBLIN--(BUSINESS WIRE)--The "Global UV LED Market: Growth, Trends and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
“Global UV LED Market: Growth, Trends and Forecasts (2020-2025)”
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The Global UV LED Market was valued at USD 294.8 million in 2019 and is expected to reach USD 870.7 million by 2025, registering a CAGR of 20.1% during the forecast period of 2020-2025.
UV LEDs do not contain toxic mercury and are often found in CCFL technology. They are much smaller and more durable than CCFLs and are more resistant to vibration and impact, resulting in less product breakage and reduced waste and maintenance expense as well. As a result, it creates an avenue for the new companies in the market; thus, propelling the market for this technology over the forecast period. Also, the existing players and startups are looking for viable options to capitalize on this growing trend. The startups are expected to adopt UV-C LEDs compared to existing players, owing to the lack of legacy bias toward the germicidal lamps.
Key Highlights
The eco-friendly composition of UV LED is driving the market. The UV LEDs witnesses a rapid adoption and becomes viable alternatives due to their lower energy consumption than mercury bulb lamps. The overall heat generated by the UV LEDs is considerably low. The UV LED lamps reaches a maximum of 40C, whereas mercury lamps heat up to more than 60C. Further, the European Commission periodically reviews RoHS exemptions. Currently, mercury lamps are planned to be expelled under RoHS, owing to their effects on the environment. This factor leads to significant power savings and a higher ROI in the long run.
Rising adoption of UV Curing drives the market. The ink revenues are growing faster than the overall graphics and packaging market; users are taking advantage of instant drying to improve their production efficiencies and exploit both decorative and functional properties of the inks and coatings. Radiation curing, including ultraviolet (UV) curing technology, is now being increasingly used in various sectors of applications, as the clean and green technology helps in increasing productivity, compared to the other traditional methods of curing.
While the print volumes in graphics have been falling by 3% per year, between 2012 and 2022, the radiation curing print segment and the still booming packaging market are poised to expand their market share. The radiation curing segment will grow by 25% by volume and 33.6% in value terms across this period, according to FESPA.
Further, with the recent outbreak of Covid-19, the UV LED market is witnessing a significant surge in demand due to its usage in disinfecting the surfaces and germs killing properties. In many countries, such as China, the United States, among others, are using UV lamps to clean the surfaces and prevent people from getting infected. According to photonics media, Covid-19 has increased the demand for UV LEDs that disinfect spaces.
According to Ultraviolet Germicidal Irradiation Handbook1, one minute of UV-C light sterilizes more than 90% of the coronavirus. Also, tests conducted by Chinese agencies on air appliances equipped with the violeds UV LED sterilization technology has demonstrated a 97% reduction in airborne virus particles.
Furthermore, in May 2020, Seoul Viosys announced that customer inquiries for its violeds UV LED products, which are used for sterilizing bacteria, increased more than five times over the previous month, which is fueled by concerns over the continuing global spread of the virus causing COVID-19.
Market Trends
Sterilization to Significantly Contribute to Market Growth
The scope for a UV LED is becoming abundant in sterilization applications, as it is being proved to be the cheapest way to provide safe drinking water across the globe. This also provides monetary benefits to the players with increasing consumption.
The industry players are finding the huge potential due to which they are highly investing and further entering into this sector. Few studies suggest that the utilization of UV-based water disinfection is highly efficient than chlorine method, as the UV-based water disinfection operates in 120 mW irradiation capacity and a wavelength of 270 nm, which takes approximately two minutes in reducing waste by 90-99.9%.
In September 2019, Genome BC invested USD 1 million in Acuva Technologies for developing UV-LED technology for water purification. Further, in August 2019, Fraunhofer researchers were investigating a greener and more efficient alternative, which uses UV LEDs to destroy bacterial DNA. The technology is suitable for disinfecting the brewing water and for disinfecting the caps and closures for bottled beer, soft drinks, and the mineral water during the filling process.
In the United States, with the prediction of investment in water infrastructure in the coming years, water disinfection and sanitization requirement and the presence of regulation in the country resulted in improved demand. There have been incidents, such as 16 million cases of acute gastroenteritis occurring each year at the United States community water systems due to drinking water.
Further, increasing concerns over water-borne diseases have augmented the increase in awareness among the people for consuming treated water. The growing awareness of the benefits of treated water consumption has impacted the UV LED market that caters to this segment, i.e., UV C LEDs.
Also, US EPA estimated that one out of three Americans consuming water from the streams was susceptible to drinking polluted water. The traditional water purification system has been costly and considered vulnerable to mercury leakage. With the improvements in the LED life in this spectrum and counter developments to address the inefficiency of UV LED in the segment has improved the market.
Asia-Pacific to Hold Major Growth in the Market
Asia-Pacific is anticipated to gain significant market growth over the forecast period. Vendors based on Japan and China are making major investments in line with the expanding applications of UV LEDs such as disinfection and sterilization, in addition to their expansion activities.
One of the major vendors, Nichia Corporation, Japan, in April 2019 launched its 280 nm UVC NCSU334A deep blue ultraviolet-outputting LED, which is intended to address the mass-market needs for air sterilization and water purification by using the solid-state lighting. Moreover, the company had considerable success with the innovation and development of its UVA LEDs, specifically designed for resin curing applications.
Moreover, coating companies in China are investing heavily in intelligent manufacturing. The international brands and the domestic players are joining the new wave of investment. In February 2019, the Hubei province announced that ShenzhenUV-ChemTech LTD and Yihua announced to invest CNY 8 billion to construct the world's largest UV curing material project. In this project, 20 thousand ton (per year) of photoinitiators, 100 thousand ton (per year) of LED curing coatings, and 80 thousand ton (per year) of monomer resins will be produced.
Furthermore, in South Korea, the growing demand for organic food and fresh water is expected to increase the demand for UV LEDs for horticultural applications and water purification. In March 2020, UNICEF partnered with South Korea to provide water and sanitation services for the vulnerable population (mostly children) in areas hit by violence in Iraq, such as Anbar, Ninewa, and Salah al-Din. The country has contributed USD 1 million for the cause.
Further, UV LEDs are being used in medical equipment used for phototherapy, drug discovery, DNA analysis, and vitamin analysis. The South Korean government is actively making investments in the pharma sector to help drug development and innovation within the healthcare field. Government agencies related to new drug development have outlined the "National New Drug Development Research Project," which is expected to invest WON 3.5 trillion (USD 2.9 billion) over ten years from 2021.
Competitive Landscape
The UV LED market is highly fragmented due to various players providing high competition. The major players are striving to gain a sustainable competitive advantage through their innovation, and several new players, like Osram, are making significant investments in the market. Key players are Lumileds Holding BV, LG Innotek Co. Ltd, etc. Recent developments in the market are:
March 2020 - Nichia is aiming to extend its dominance to the UV market following its showcase at the RadTech 2020 conference and exhibition in Orlando. Nichia expects its UV portfolio to play a significant role in completely replacing conventional mercury lamps and their associated environmental issues.
May 2019 - Klaran launched a new 60mW UVC LED and Reactor Prototype for water disinfection, demonstrating the NSF Class A performance. In the advanced prototype reactor, the 60mW LED demonstrated effective and affordable water treatment at flow rates up to three liters per minute,
Key Topics Covered
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Market Overview
The global UV-LED market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 20.3% in the forecast period of 2020 to 2025 and will expected to reach 577.4 million by 2025, from 275.8 million in 2019.
The UV-LED market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
Market segmentation
UV-LED market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
By Type, UV-LED market has been segmented into UV-A LED, UV-B LED, UV-C LED, etc.
By Application, UV-LED has been segmented into Sterilization & Disinfection, Analytic Tools, Curing, Others, etc.
Regions and Countries Level Analysis
Regional analysis is another highly comprehensive part of the research and analysis study of the global UV-LED market presented in the report. This section sheds light on the sales growth of different regional and country-level UV-LED markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global UV-LED market.
The report offers in-depth assessment of the growth and other aspects of the UV-LED market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional UV-LED markets such as North America, Europe, Asia-Pacific, South America and Middle East & Africa.
Competitive Landscape and UV-LED Market Share Analysis
UV-LED competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, UV-LED sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the UV-LED sales, revenue and market share for each player covered in this report.
The major players covered in UV-LED are: LG Innotek, High Power Lighting Corp, DOWA Electronics, Honlitronics, Lumileds, Seoul Viosys, Crystal IS, NIKKISO, Stanley, Nichia, Lite-on, Lextar, NationStar, San’an, Nitride, etc. Among other players domestic and global, UV-LED market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. Global Info Research analysts understand competitive strengths and provide competitive analysis for each competitor separately.
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe UV-LED product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of UV-LED, with price, sales, revenue and global market share of UV-LED in 2018 and 2019.
Chapter 3, the UV-LED competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the UV-LED breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, UV-LED market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.
Chapter 13, 14 and 15, to describe UV-LED sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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UV LED 기술 산업에 Covid-19의 영향 2020 : 세계 시장 성장, 크기, 공유, 수요 동향 및 2026에 예측
research insights research insights
10 hours ago
http://www.joonganghi.com
http://www.joonganghi.com
글로벌 UV LED 기술 산업 2020 연구 보고서는 시장 규모, 공유, 동향, 성장, 비용 구조, 용량, 수익에 대한 정보를 제공하고 2026 년이 보고서는 또한의 성장에 영향을 미치는 모든 측면과 UV LED 기술 시장의 전체적이고 포괄적 인 연구를 포함 예측 시장. 이 보고서는 UV LED 기술 산업의 철저한 정량 분석하고 시장의 성장과 효율성을 높이기 위해 전략을 만들기위한 데이터를 제공합니다.
보고서의 샘플 사본을 요청 @ www.precisionreports.co/enquiry/request-sample/15298286
글로벌 UV LED 기술 시장 2020 연구 정의, 분류, 응용 프로그램 및 산업 체인 구조를 포함하여 산업의 기본 개요를 제공합니다. 글로벌 UV LED 기술 시장 분석 개발 동향, 경쟁 구도 분석, 주요 지역 개발 상태를 포함하여 국제 시장을 위해 제공됩니다. 개발 정책과 계획은 프로세스와 비용 구조도 분석 제조뿐만 아니라 논의된다. 이 보고서는 또한 가져 오기 / 내보내기 소비, 수요와 공급 피규어, 비용, 가격, 매출과 매출 총 이익을 말한다.
상위 주요 제조업체와 표와 그림의 목록 페이지에서 UV LED 기술 시장 조사 보고서 확산.
, 생산, 가격, 수익 (값)와 각 제조업체에 포함 TOP 제조 업체에 의해 글로벌 UV LED 기술 시장 경쟁
Hexatech
Crystal IS
LG Innotek
SemiLEDs
Nichia
Philips Lumileds
Honle Group
Panasonic
Phoseon
Sensor Electronics Technology
Seoul Viosys
Integration Technology
Lextar Electronic
Luminus Devices
Nitride Semiconductors
Nordson
Advanced Optoelectronic Technology
Dowa Electronics Material
Heraeus Holding
지역 분석
미국, 캐나다, 독일, 프랑스, 영국, 이탈리아, 러시아, 중국, 일본, 한국, 대만, 동남 아시아, 멕시코를 포함한 중요한 지역에서 UV LED 기술 시장의 성장과 다른 측면의 보고서 제공에 대한 심층 평가 , 브라질은 자료에 언급 등 주요 지역은 북미, 유럽, 아시아 – 태평양 및 라틴 아메리카입니다.
이 보고서는 관찰과 같은 특정 지역의 경제적, 환경 적, 사회적, 기술적, 정치적 상태로 지역 성장을 결정하는 다양한 요인을 연구 한 후 큐레이터되었습니다. 분석가들은 각 지역의 매출, 생산 및 제조 업체의 데이터를 연구 하였다. 이 섹션은 예측 기간 동안 지역이 많다는 매출과 볼륨을 분석한다. 이러한 분석은 특정 지역에 대한 투자의 잠재적 가치를 이해하는 독자 도움이 될 것입니다.
경쟁 구도
보고서의이 섹션은 시장의 여러 주요 업체를 식별합니다. 그것은 독자가 플레이어 시장에서 전투의 경쟁에 초점을 맞추고있다 전략과 협력을 이해하는 데 도움이됩니다. 포괄적 인 보고서는 시장에서 상당한 미세한 모양을 제공합니다. 독자는 예측 기간 동안 제조업체의 제조 업체의 글로벌 수입, 제조 업체의 글로벌 가격 및 생산에 대해 알고에 의해 제조 업체의 발자국을 식별 할 수 있습니다.
UV LED 기술 시장에 Covid-19 영향 분석 요청에 대한 샘플 @ www.precisionreports.co/enquiry/request-covid19/15298286
글로벌 UV LED 기술 시장은 회사 프로필, 제품 사진 및 사양, 용량, 생산, 가격, 비용, 수익 및 연락처 정보 등의 정보를 제공한다. 업스트림 원료 및 장비 및 다운 스트림 수요 분석도 수행한다. 글로벌 UV LED 기술 시장 개발 동향 및 마케팅 채널 분석된다. 마지막으로 새로운 투자 프로젝트의 타당성을 평가하고 전체 연구의 결론은 제안했다.
표와 그림은 전 세계적으로 글로벌 UV LED 기술 시장을 분석 도움으로,이 연구는 산업의 상태에 대한 주요 통계를 제공하고 시장에 관심이있는 기업과 개인에 대한지도와 방향의 중요한 원천입니다.
제품의 기준이 보고서에는 각 유형의 생산, 수입, 가격, 시장 점유율과 성장 속도는 주로로 분할
은 UVA
UVB
UVC
최종 사용자 / 애플리케이션에 기초하여,이 보고서를 포함하여 각 응용 프로그램에 대한 주요 응용 프로그램 / 최종 사용자, 소비 (판매), 시장 점유율과 성장률의 상태 및 전망에 초점을 맞추고
UV 경화
의료
물 정화
공기 정화
다른
www.precisionreports.co/purchase/15298286 -에서이 보고서를 구매
이 보고서의 연구 목적은 다음과 같습니다 :
• 글로벌 UV LED 기술 용량을 분석하고 연구하기 위해 생산, 가치, 소비, 상태 (2,015에서 2,019 사이) 및 예측 (2,020에서 2,026 사이);
• 향후 용량, 생산, 가치, 시장 점유율 및 개발 계획을 연구하기 위해, 키 UV LED 기술 제조업체에 초점을 맞 춥니 다.
• 정의, 설명하고 시장 경쟁 풍경, SWOT 분석을 분석, 글로벌 주요 업체에 초점을 맞 춥니 다.
• 정의, 설명 및 유형, 응용 프로그램과 지역에 따라 시장을 예측합니다.
Categories: 시장 조사
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