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UV LED Market to 2025 – Global Analysis and Forecasts by Technology (UV-A LED, UV-B LED, UV-C LED), Applications (Curing, Medical, Electronic Devices, Water Treatment, Security and Others)

Publication Month: Nov 2017 | No. of Pages: 154 | Report Code: TIPTE100000649 | Category: Electronics & Semiconductor | Status: Published
       
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  • Global UV LED market is expected to grow from US$ 178.4 million in 2016 to US$ 1,311.7 million by 2025 at a CAGR of 24.9%% between 2017 and 2025.

    UV LEDs are the LED lights that emit ultraviolet beams that is used for a wide array of applications. UV LEDs are the technical advancement for the traditional UV lamps as these UV LEDs offer myriad benefits with respect to environment and alternative technologies. These lights consume relatively less energy and are more durable.

    The report focuses on an in-depth segmentation of this market based by technology, and application. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By application segment UV curing accounted for the largest share of the UV LED market in 2016; whereas, water treatment is expected to grow at the highest CAGR during the forecast period. The growth of the UV LED application in water treatment is majorly attributed towards the ability of LED technology to enable the UV water treatments to be utilized in applications that weren’t available formerly to conventional UV lamps. This has further allowed the remote regions to make use of UV LEDs for waste water treatment and purification.

    The report aims to provide an overview of global UV LED market with detailed market segmentation. Also, it analyzes the current UV LED market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.

    Asia Pacific at present is one of the prominent regions in UV LED market which will contribute highest revenue globally due to the large presence of UV LED package manufacturers and UV LED applications in countries like Taiwan, South Korea and China. Rapidly growing UV LED application in North America in the coming year make it fastest growing region during the forecast period. South America is another region that is expected offer promising growth opportunities to the UV LED market during the forecast period. Some of the key players of UV LED market include LG Electronics, Inc, Crystal IS, Nichia Corporation, Phoseon Technology, SemiLEDs Corporation, Seoul Viosys Co. Ltd, Halma PLC., DOWA Electronics Materials Co., Ltd Corporation, Heraeus Holding GmbH, Koninklije Philips N.V., among others.

    Table of Contents

    1 Table of Contents 2
    1.1 List of Tables 9
    1.2 List of Figures 10
    1.2.1 Introduction 13
    1.3 Scope of the Study 13
    1.4 The Insight Partners Research Report Guidance 13
    2 Key Takeaways 15
    3 UV LED Market Landscape 17
    3.1 Market Overview 17
    3.2 Pricing Analysis 18
    3.2.1 Pricing Analysis for UV LED Package by Technology Type (2016) 18
    3.2.1.1 UV-A LED Package Pricing Analysis 18
    3.2.1.2 UV-B LED Package Pricing Analysis 19
    3.2.1.3 UV-C LED Package Pricing Analysis 19
    3.3 Market Segmentation 20
    3.3.1 Global UV LED Market – By Technology 21
    3.3.2 Global UV LED Market – By Application 22
    3.3.3 Global UV LED Market – By Geography 22
    3.4 PEST Analysis 24
    3.4.1 North America PEST Analysis 24
    3.4.2 Europe PEST Analysis 26
    3.4.3 Asia Pacific PEST Analysis 28
    3.4.4 Middle East & Africa PEST Analysis 30
    3.4.5 South America PEST Analysis 33
    4 Global Market – Key Industry Dynamics 35
    4.1 Key Market Drivers 35
    4.1.1 Global endorsement of energy saving policies 35
    4.1.2 Rising Demand for Curing Processes 35
    4.1.3 Burgeoning Technological Advancements in Manufacturing Industry 36
    4.1.4 Widespread application of UV LED across multiple industries 36
    4.2 Key Market Restraints 37
    4.2.1 Relatively expensive than peer products used for similar applications 37
    4.3 Key Market Opporunities 37
    4.3.1 Emergence of novel application to generate new growth opportunities for players in the value chain 37
    4.4 Future Trends 38
    4.4.1 Entry of new players with disruptive technologies would result into decline in cost 38
    4.4.1 Rise in development of enhanced UV LED packages to cater next generation industries 38
    4.5 Impact Analysis of Drivers and Restraints 39
    5 UV LED Market – Global 40
    5.1 Global UV LED Market Overview 40
    5.2 Global UV LED Market Forecast and Analysis 40
    6 Global UV LED Market Analysis – By Technology 42
    6.1 Overview 42
    6.2 UV-A LED 44
    6.2.1 Overview 44
    6.2.2 Global UV-A LED Market Revenue and Forecasts to 2025 (US$ Mn) 44
    6.3 UV-B LED 45
    6.3.1 Overview 45
    6.3.2 Global UV-B LED Market Revenue and Forecasts to 2025 (US$ Mn) 45
    6.4 UV-C LED 46
    6.4.1 Overview 46
    6.4.2 Global UV-C LED Market Revenue and Forecasts to 2025 (US$ Mn) 46
    7 Global UV LED Market Analysis –By Application 48
    7.1 Overview 48
    7.2 Curing 49
    7.2.1 Overview 49
    7.2.2 Global Curing Market Revenue and Forecasts to 2025 (US$ Mn) 49
    7.3 Medical 51
    7.3.1 Overview 51
    7.3.2 Global Medical Market Revenue and Forecasts to 2025 (US$ Mn) 51
    7.4 Electronic Devices 53
    7.4.1 Overview 53
    7.4.2 Global Electronic Devices Market Revenue and Forecasts to 2025 (US$ Mn) 53
    7.5 Water Treatment 54
    7.5.1 Overview 54
    7.5.2 Global Water Treatment Market Revenue and Forecasts to 2025 (US$ Mn) 54
    7.6 Security 56
    7.6.1 Overview 56
    7.6.2 Global Security Market Revenue and Forecasts to 2025 (US$ Mn) 56
    7.7 Others 57
    7.7.1 Overview 57
    7.7.2 Global Others Market Revenue and Forecasts to 2025 (US$ Mn) 57
    8 Global UV LED Market – Geographical Analysis 58
    8.1 Overview 58
    8.2 North America UV LED Market Revenue and Forecasts to 2025 59
    8.2.1 Overview 59
    8.2.2 North America UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 59
    8.2.3 North America UV LED Market Breakdown by Key Countries 61
    8.2.3.1 U.S. UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 62
    8.2.3.2 Canada UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 63
    8.2.3.3 Mexico UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 63
    8.2.4 North America UV LED Market Breakdown by Technology 65
    8.2.5 North America UV LED Market Breakdown by Application 66
    8.3 Europe UV LED Market Revenue and Forecasts to 2025 67
    8.3.1 Overview 67
    8.3.2 Europe UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 67
    8.3.3 Europe UV LED Market Breakdown by Key Countries 69
    8.3.3.1 France UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 70
    8.3.3.2 Germany UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 71
    8.3.3.3 Italy UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 72
    8.3.3.4 Spain UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 73
    8.3.3.5 UK UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 74
    8.3.4 Europe UV LED Market Breakdown by Type 75
    8.3.5 Europe UV LED Market Breakdown by Application 75
    8.4 Asia Pacific (APAC) UV LED Market Revenue and Forecasts to 2025 77
    8.4.1 Overview 77
    8.4.2 Asia Pacific UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 77
    8.4.3 Asia Pacific UV LED Market Breakdown by Key Countries 78
    8.4.3.1 China UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 80
    8.4.3.2 India UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 81
    8.4.3.3 Taiwan UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 82
    8.4.3.4 Japan UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 83
    8.4.4 Asia Pacific UV LED Market Breakdown by Technology 84
    8.4.5 Asia Pacific UV LED Market Breakdown by Application 85
    8.5 Middle East & Africa (MEA) UV LED Market Revenue and Forecasts to 2025 87
    8.5.1 Overview 87
    8.5.2 Middle East & Africa UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 87
    8.5.3 Middle East & Africa UV LED Market Breakdown by Key Countries 89
    8.5.3.1 Saudi Arabia UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 90
    8.5.3.2 UAE UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 91
    8.5.3.3 South Africa UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 92
    8.5.4 Middle East & Africa UV LED Market Breakdown by Technology 93
    8.5.5 Middle East & Africa UV LED Market Breakdown by Material 94
    8.6 South America UV LED Market Revenue and Forecasts to 2025 96
    8.6.1 Overview 96
    8.6.2 South America UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 96
    8.6.3 South America UV LED Market Breakdown by Key Countries 98
    8.6.3.1 Brazil UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 99
    8.6.4 South America UV LED Market Breakdown by Technology 100
    8.6.5 South America UV LED Market Breakdown by Application 100
    9 Industry Landscape 103
    9.1 Market Initative 103
    9.2 Merger and Acquisition 103
    9.3 New Development 103
    10 Competitive Landscape 105
    10.1 Competitive Product Mapping 105
    10.2 Market Positioning 107
    11 Global UV LED Market – Key Company Profiles 108
    11.1 LG Electronics, Inc. 108
    11.1.1 Key Facts 108
    11.1.2 Business Description 108
    11.1.3 Financial Overview 109
    11.1.4 SWOT Analysis 110
    11.1.5 Key Developments 111
    11.2 Crystal IS 112
    11.2.1 Key Facts 112
    11.2.2 Business Description 112
    11.2.3 Financial Overview 113
    11.2.4 SWOT Analysis 113
    11.2.5 Key Developments 115
    11.3 Nichia Corporation 116
    11.3.1 Key Facts 116
    11.3.2 Business Description 116
    11.3.3 Financial Overview 117
    11.3.4 SWOT Analysis 117
    11.3.5 Key Developments 118
    11.4 Phoseon Technology 119
    11.4.1 Key Facts 119
    11.4.2 Business Description 119
    11.4.3 Financial Overview 120
    11.4.4 SWOT Analysis 120
    11.4.5 Key Developments 122
    11.5 SemiLEDs Corporation 123
    11.5.1 Key Facts 123
    11.5.2 Business Description 123
    11.5.3 Financial Overview 124
    11.5.4 SWOT Analysis 124
    11.5.5 Key Developments 126
    11.6 Seoul Viosys Co. Ltd. 128
    11.6.1 Key Facts 128
    11.6.2 Business Description 128
    11.6.3 Financial Overview 129
    11.6.4 SWOT Analysis 129
    11.6.5 Key Developments 130
    11.7 Halma PLC. 132
    11.7.1 Key Facts 132
    11.7.2 Business Description 132
    11.7.3 Financial Overview 133
    11.7.4 SWOT Analysis 133
    11.7.5 Key Developments 135
    11.8 DOWA Electronics Materials Co., Ltd Corporation 136
    11.8.1 Key Facts 136
    11.8.2 Business Description 136
    11.8.3 Financial Overview 137
    11.8.4 SWOT Analysis 137
    11.8.5 Key Developments 139
    11.9 Heraeus Holding GmbH 140
    11.9.1 Key Facts 140
    11.9.2 Business Description 140
    11.9.3 Financial Overview 141
    11.9.4 SWOT Analysis 142
    11.9.5 Key Developments 143
    11.10 Koninklije Philips N.V. 145
    11.10.1 Key Facts 145
    11.10.2 Business Description 145
    11.10.3 Financial Overview 146
    11.10.4 SWOT Analysis 147
    11.10.5 Key Developments 148
    12 Appendix 150
    12.1 About The Insight Partners 150
    12.2 Glossary of Terms 151
    12.3 Methodology 152
    12.3.1 Coverage 152
    12.3.2 Secondary Research 153
    12.3.3 Primary Research 153
    12.4 Contact Us 154
    12.5 Disclaimer 154


    1.1 List of Tables

    Table 1: Global UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 41
    Table 2: North America UV LED Market Revenue and Forecasts to 2025 – By Technology (US$ Mn) 65
    Table 3: North America UV LED Market Revenue and Forecasts to 2025 – By Application (US$ Mn) 66
    Table 4: Europe UV LED Market Revenue and Forecasts to 2025 – By Technology (US$ Mn) 75
    Table 5: Europe UV LED Market Revenue and Forecasts to 2025 – By Application (US$ Mn) 76
    Table 6: Asia Pacific UV LED Market Revenue and Forecasts to 2025 – By Technology (US$ Mn) 84
    Table 7: Asia Pacific UV LED Market Revenue and Forecasts to 2025 – By Material (US$ Bn) 85
    Table 8: Middle East & Africa UV LED Market Revenue and Forecasts to 2025 – By Technology (US$ Mn) 93
    Table 9: Middle East & Africa UV LED Market Revenue and Forecasts to 2025 – By Application (US$ Bn) 95
    Table 10: South America UV LED Market Revenue and Forecasts to 2025 – By Technology (US$ Mn) 100
    Table 11: South America UV LED Market Revenue and Forecasts to 2025 – By Application (US$ Bn) 102
    Table 12: Glossary of Terms, UV LED Market 151


    1.2 List of Figures

    Figure 1: Curing UV LED Market, Global Revenue (US$ Mn), 2016 & 2025 15
    Figure 2: UV-A LED ASP (Package Level) US$ / Unit 18
    Figure 3: UV-B LED ASP (Package Level) US$ / Unit 19
    Figure 4: UV-C LED ASP (Package Level) US$ / Unit 19
    Figure 5: UV LED Market Segmentation 20
    Figure 6: UV LED Market Segmentation 21
    Figure 7: North America PEST Analysis 24
    Figure 8: Europe PEST Analysis 26
    Figure 9: APAC PEST Analysis 28
    Figure 10:MEA PEST Analysis 30
    Figure 11: SAM PEST Analysis 33
    Figure 12: UV LED Market Impact Analysis of Driver and Restraints 39
    Figure 13: Global UV LED Market Breakdown By Technology, 2016 & 2025 (%) 42
    Figure 14: Global UV-A LED Market Revenue and Forecasts to 2025 (US$ Mn) 44
    Figure 15: Global UV-B LED Market Revenue and Forecasts to 2025 (US$ Mn) 46
    Figure 16: Global UV-C LED Market Revenue and Forecasts to 2025 (US$ Bn) 47
    Figure 17: Global UV LED Market Breakdown by Application, 2016 & 2025 (%) 48
    Figure 18: Global Curing Market Revenue and Forecasts to 2025 (US$ Mn) 50
    Figure 19: Global Medical Market Revenue and Forecasts to 2025 (US$ Mn) 52
    Figure 20: Global Electronic Devices Market Revenue and Forecasts to 2025 (US$ Mn) 54
    Figure 21: Global Water Treatment Market Revenue and Forecasts to 2025 (US$ Mn) 55
    Figure 22: Global Security Market Revenue and Forecasts to 2025 (US$ Mn) 56
    Figure 23: Global Others Market Revenue and Forecasts to 2025 (US$ Mn) 57
    Figure 24: UV LED Market, Global Breakdown by Regions, 2016 & 2025 (%) 58
    Figure 25: North America UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 60
    Figure 26: North America UV LED Market Breakdown by Key Countries, 2016 & 2025(%) 61
    Figure 27: U.S. UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 62
    Figure 28: Canada UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 63
    Figure 29: Mexico UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 64
    Figure 30: North America UV LED Market Breakdown by Technology, 2016 & 2025 (%) 65
    Figure 31: North America UV LED Market Breakdown by Application, 2016 & 2025 (%) 66
    Figure 32: Europe UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 68
    Figure 33: Europe UV LED Market Breakdown by Key Countries, 2016 & 2025 (%) 69
    Figure 34: France UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 70
    Figure 35: Germany UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 71
    Figure 36: Italy UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 72
    Figure 37: Spain UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 73
    Figure 38: UK UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 74
    Figure 39: Europe UV LED Market Breakdown by Technology, 2016 & 2025 (%) 75
    Figure 40: Europe UV LED Market Breakdown by Application, 2016 & 2025 (%) 76
    Figure 41: Asia Pacific UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 78
    Figure 42: Asia Pacific UV LED Market Breakdown by Key Countries, 2016 & 2025 (%) 79
    Figure 43: China UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 80
    Figure 44: India UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 81
    Figure 45: Taiwan UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 82
    Figure 46: Japan UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 83
    Figure 47: Asia Pacific UV LED Market Breakdown by Technology, 2016 & 2025 (%) 84
    Figure 48: Asia Pacific UV LED Market Breakdown by Application, 2016 & 2025 (%) 85
    Figure 49: Middle East & Africa UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 88
    Figure 50: Middle East & Africa UV LED Market Breakdown by Key Countries, 2016 & 2025 (%) 89
    Figure 51: Saudi Arabia UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 90
    Figure 52: UAE UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 91
    Figure 53: South Africa UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 92
    Figure 54: Middle East & Africa UV LED Market Breakdown by Technology, 2016 & 2025 (%) 93
    Figure 55: Middle East & Africa UV LED Market Breakdown by Application, 2016 & 2025 (%) 94
    Figure 56: South America UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 97
    Figure 57: South America UV LED Market Breakdown by Key Countries, 2016 & 2025 (%) 98
    Figure 58: Brazil UV LED Market Revenue and Forecasts to 2025 (US$ Mn) 99
    Figure 59: South America UV LED Market Breakdown by Technology, 2016 & 2025 (%) 100
    Figure 60: South America UV LED Market Breakdown by Application, 2016 & 2025 (%) 101
    Figure 61: UV LED Market Competitive Product Mapping 105
    Figure 62: UV LED Market Competitive Product Mapping 106

    The List of Companies

    1. Koninklijke Philips N.V.
    2. LG Electronics, Inc.
    3. Crystal IS Inc.
    4. Nichia Corporation
    5. Phoseon Technology
    6. SemiLEDs Corporation
    7. Seoul Viosys Co. Ltd.
    8. Sensor Electronic Technolgy Inc.
    9. Halma PLC
    10. Heraeus Holding GmBH

    - Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global UV LED market

    - Highlights key business priorities in order to assist companies to realign their business strategies

    - The key findings and recommendations highlight crucial progressive industry trends in the UV LED market, thereby allowing players across the value chain to develop effective long term strategies

    - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

    - Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

    - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

    - Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.