UV LED Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Technology (UV-A LED, UV-B LED, and UV-C LED), By Application (Curing, Disinfection and Purification, Medical, Security and Others), By Region, By Competition Forecast & Opportunities

Market Overview

The global UV LED market has valued at USD1 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 19.4% through 2028. The global UV LED market has been experiencing significant growth and is projected to continue its upward trajectory in the coming years. UV LED, or Ultraviolet Light Emitting Diode, technology offers numerous applications across various industries, leading to its increasing demand.

Key Market Drivers

Growing demand for UV LED in disinfection and sterilization applications

UV LEDs have gained prominence in the disinfection and sterilization industry due to their ability to effectively eliminate pathogens and microorganisms. With rising concerns regarding healthcare-associated infections and the need for proper sanitation, there has been an increased demand for UV LED-based germicidal lamps and systems. UV LEDs offer advantages such as energy efficiency, compact size, and longer lifespan compared to traditional mercury-based UV lamps.

Growing demand for UV LED in disinfection and sterilization applications

UV LEDs have gained prominence in the disinfection and sterilization industry due to their ability to effectively eliminate pathogens and microorganisms. With rising concerns regarding healthcare-associated infections and the need for proper sanitation, there has been an increased demand for UV LED-based germicidal lamps and systems. UV LEDs offer advantages such as energy efficiency, compact size, and longer lifespan compared to traditional mercury-based UV lamps.

Increased focus on energy-efficient lighting solutions

In recent years, there has been an increasing emphasis on energy conservation and reducing carbon emissions. UV LEDs are highly energy-efficient compared to traditional lighting technologies and offer longer operational lifespans. This has led to their adoption in various lighting applications, including backlighting in displays, signage, and decorative lighting.

Growing demand for UV LED in water and air purification

With the rising need for clean and safe drinking water, UV LED technology has gained traction in the water purification industry. UV LEDs effectively disinfect water by inactivating microorganisms, viruses, and bacteria without the use of chemicals. Additionally, UV LEDs are widely used in air purification systems to eliminate airborne pathogens, allergens, and volatile organic compounds (VOCs).

Increasing awareness about UV LED benefits

As awareness about the advantages of UV LED technology spreads, more industries and consumers are adopting this technology. UV LEDs offer benefits such as reduced energy consumption, longer lifespan, and enhanced safety compared to traditional UV lamps. This has led to their adoption in various sectors, including industrial manufacturing, automotive, agriculture, and electronics.

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Key Market Challenges    

High cost of UV LED technology compared to traditional UV lamps

One of the key challenges in the global UV LED market is the high cost of UV LED technology compared to traditional UV lamps. UV LEDs are relatively expensive to manufacture due to the complex semiconductor processes involved. The high production costs result in higher product prices, which can be a deterrent for potential buyers. Manufacturers in the UV LED industry need to focus on improving production efficiency and reducing costs to make UV LED technology more affordable and accessible.

Limited wavelength range of UV LEDs

Another challenge is the limited wavelength range of UV LEDs. Different applications require specific wavelengths of UV light, and currently, UV LEDs are available in a limited range of wavelengths. This limitation restricts the scope of applications where UV LEDs can be utilized effectively. Research and development efforts are underway to expand the wavelength range of UV LEDs, but it will take time to develop commercially viable solutions.

Improvement in performance and reliability of UV LEDs

The performance and reliability of UV LEDs need improvement. While UV LEDs offer several advantages over traditional UV lamps, such as longer lifespan and instant on/off capabilities, there are still concerns about their performance and durability. Issues like low light output, decreased efficiency at high temperatures, and shorter lifespans under certain operating conditions need to be addressed to enhance the overall performance and reliability of UV LEDs.

Lack of awareness and education

There is a lack of awareness and education about the benefits and potential applications of UV LED technology. Many industries and consumers are not fully aware of the advantages of UV LEDs and how they can be utilized in various fields. Educating the market about the capabilities of UV LED technology and its potential to address environmental concerns and enhance operational efficiency is crucial for its widespread adoption.

Key Market Trends

Growing Demand for UV-C LEDs for Germicidal Applications

One of the key trends driving the global UV LED market is the rising demand for UV-C LEDs for germicidal applications. UV-C LEDs emit short-wavelength ultraviolet light that can deactivate or destroy microorganisms such as bacteria, viruses, and molds. The COVID-19 pandemic has further highlighted the importance of effective disinfection methods, leading to an increased adoption of UV-C LEDs in various industries, including healthcare, food and beverage, and water treatment.

Increasing Adoption of UV LEDs in Sterilization and Disinfection

UV LEDs are being increasingly used for sterilization and disinfection purposes in various settings. The ability of UV light to eliminate harmful pathogens without the use of chemicals makes it an attractive solution in healthcare facilities, laboratories, and public spaces. UV LEDs can be integrated into devices such as handheld sterilizers, air purifiers, and surface disinfection systems, offering a convenient and efficient method for maintaining cleanliness and reducing the spread of infections.

Technological Advancements and Cost Reductions

Advancements in UV LED technology have played a significant role in driving market growth. Manufacturers have been investing in research and development to improve the efficiency, output, and lifespan of UV LEDs. These advancements have resulted in higher performance and reduced costs, making UV LED technology more accessible to a wider range of applications. As a result, industries such as electronics, printing, and automotive are increasingly adopting UV LEDs for curing, printing, and other specialized processes. Technological advancements in aquarium equipment

Increasing Demand in Emerging Markets

The global UV LED market is witnessing significant growth in emerging markets, particularly in the Asia Pacific region. Countries like China, Japan, and South Korea are major players in the production and adoption of UV LEDs. These markets are driven by factors such as increased industrialization, government initiatives promoting energy-efficient lighting, and a growing awareness of the benefits of UV LED technology. The demand for UV LEDs in emerging markets is expected to continue growing as industries across various sectors seek innovative solutions for their lighting and disinfection needs.

 Expanding Applications in Medical and Healthcare

UV LEDs are finding expanding applications in the medical and healthcare sectors. They are used in phototherapy devices for the treatment of skin conditions such as psoriasis, vitiligo, and eczema. UV LEDs are also being explored for their potential in drug discovery, sterilization of medical equipment, and wound healing. The versatility of UV LEDs in medical applications opens up new opportunities for market growth in this sector.

Segmental Insights

Technology Insights

The global UV LED market is experiencing significant growth, with UV-C LED playing a key role. UV-C LED technology has gained traction due to its applications in germicidal and disinfection processes. The increasing demand for UV LED in air and water purification systems, healthcare, and consumer electronics is driving this market expansion. This growth trend highlights the importance of UV-C LED in various industries and its potential for further development in the coming years. Additionally, the benefits of UV-C LED technology extend beyond the healthcare sector. Industries such as water treatment, food and beverage, electronics, and manufacturing are adopting UV-C LEDs for various applications. These include water purification, surface disinfection, air sterilization, product curing, and more.The growing awareness of the advantages of UV-C LED technology, such as energy efficiency, longer lifespan, and reduced maintenance costs, has further fueled its adoption. Compared to traditional UV lamps, UV-C LEDs consume less power, have a longer operating life, and do not contain harmful mercury or ozone-depleting substances.

Application Insights

The global UV LED market is fueled by the curing segment, which plays a significant role in driving its growth. UV LED curing technology offers numerous advantages over traditional curing methods, such as faster curing times, energy efficiency, and reduced environmental impact. It finds applications in industries like printing, coatings, adhesives, and electronics manufacturing. UV LED curing systems emit ultraviolet light that initiates a photochemical reaction, curing or drying the materials within seconds. This rapid curing process leads to increased productivity and efficiency in manufacturing processes. UV LED curing also eliminates the need for solvents or heat, reducing energy consumption and eliminating harmful emissions. Furthermore, advancements in UV LED curing technology have expanded its capabilities and application range. Manufacturers are developing UV LED systems with higher power output, broader wavelength ranges, and improved curing performance. These advancements open up new opportunities for UV LED curing in different industries and enable the curing of a wider range of materials.

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Regional Insights

The global UV LED market is experiencing significant growth, and Asia Pacific plays a vital role in driving this expansion. The Asia-Pacific region is poised for significant market growth during the forecast period. Notably, vendors in Japan and China are making substantial investments in the expanding applications of UV LEDs. In China, prominent ink manufacturers like Toyo Ink Co. Ltd, DIC Corporation, and Japanese chemical companies operating in China have underscored the rising demand for ultraviolet inks. This demand is driven by environmental advantages and faster curing rates. For instance, end-user industries such as wine and cigarette packaging printing rely on ultraviolet LEDs to print on materials like aluminum foil, paper, and plastic. Furthermore, the Chinese central government anticipates automobile production in China to reach 35 million units by 2025. This growth is expected to drive the demand for ultraviolet LEDs, particularly in applications like painting in the automotive sector. In contrast, ultraviolet LEDs have a significantly longer lifespan, lasting over ten times longer with lifespans exceeding 10,000 hours. Consequently, UV LED decontamination can be conducted overnight to effectively eliminate persistent pathogens.

Recent Developments

• In March 2022, Signify entered into a collaboration with Perfect Plants to develop innovative grow lights. The collaboration resulted in the creation of two climate cells equipped with dimmable Philips GreenPower LED top lighting compact grow lights and the Philips GrowWise Control System. This advanced light system offers effective and efficient lighting solutions for every stage of plant growth. Additionally, Signify is actively competing for a Dutch license for legal cannabis cultivation and has made significant investments in research and production facilities. Signify is proud to provide flexible GreenPower LED systems and expert knowledge in the field.

• In September 2022, Nichia Corporation reaffirmed its dedication to UV-C LED technology with the introduction of the high output 280nm NCSU434C UV-C LED. Additionally, the company is preparing for the mass production of another powerful UV-C LED, aiming to address the inactivation and sterilization of diverse bacteria and viruses, specifically in industrial water and air applications. Nichia remains committed to advancing deep-ultraviolet LEDs and higher-power ultraviolet LEDs with enhanced performance, contributing to the resolution of various societal challenges and the realization of a sustainable, mercury-free, and carbon-free society through energy conservation.

• In February 2022, a collaborative effort between SemiLEDs and CrayoNano led to the development of products utilizing CrayoNano's hybrid material technologies and nanowires. With the assistance of SemiLEDs' LED process technology, CrayoNano's mid-to-long-term UV-C product roadmap received a significant boost. As per the agreement, CrayoNano will retain ownership of the products, while innovation and R&D will continue to be based in Trondheim, Norway.

Key Market Players

• Honle UV America Inc.
• Seoul Viosys Co. Ltd
• Semileds Corporation
• EPIGAP Optronic GmbH
• Lumileds Holding BV
• Koninklijke Philips NV
• Nordson Corporation
• Nichia Corporation
• CRYSTAL IS Inc. (Asahi Kasei Corporation)
• Heraeus Holding GmbH

Report Scope:

In this report, the global UV LED market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Global UV LED Market, By Technology:
  • UV-A LED
  • UV-B LED
  • UV-C LED
• Global UV LED Market, By Application:
  • Curing
  • Disinfection & Purification
  • Medical
  • Security
  • Others
• Global UV LED Market, By Region:
  • North America
  • Europe
  • Latin America
  • Middle East & Africa
  • Asia Pacific

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global UV LED Market.

Available Customizations:

Global UV LED Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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