UV LED Market: Global Industry Analysis and Forecast (2024-2030)

  • The UV LED Market size was valued at USD 1.71 Bn. in 2023 and the total Global UV LED revenue is expected to grow at a CAGR of 18.9% from 2024 to 2030, reaching nearly USD 5.74 Bn. by 2030.

  • Format : PDF | Report ID : SMR_2191

UV LED Market Overview

A UV LED, which stands for Ultraviolet Light Emitting Diode, is a type of semiconductor tool. It emits ultraviolet light when an electric current runs through the device. These LEDs are very useful for sterilizing and disinfecting purposes as well as in many industrial applications thanks to their size and efficiency. The UV LED market has experienced strong growth along with notable improvements because there is more need for disinfection and sterilization uses, particularly in the healthcare sector plus water & air cleaning industries along with consumer electronic goods area.

 

UV LED efficiency, lifespan, and cost-effectiveness have been improved by technological advancements. This has resulted in an increasing usage of UV LEDs across different sectors. Market performance indicators such as market share growth, sales revenue rise, and more UV LED manufacturers and providers highlight the robust and lively activity within the UV LED industry.

 

The worldwide UV LED market is growing rapidly, and different geographical areas are contributing to its growth based on their particular market factors and technological progress. Asia-Pacific acts as a leading manufacturing hub, with China, Japan, and South Korea being dominant in UV LED production due to reasons such as having well-established semiconductor industries, cost-efficient manufacturing methods, and solid support from the government.

 

The fast-paced industrialization along with the rising need for applications like healthcare, water cleaning, and air bacteria killing are pushing up demand in this region. The increasing demand for lime is causing manufacturers to increase their production, especially in areas such as Asia-Pacific and North America. The supply dynamics are being influenced by advancements in efficiency and performance, which concentrate on satisfying strict regulations and progressing technological abilities.

UV LED Market

 

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UV LED Market Dynamics

Drivers of the UV LED Market

Increasing Demand for Sterilization and Disinfection

There is strong growth in the UV LED market, mainly because there's a rising need for sterilization and disinfection use. The effectiveness of UV-C LEDs to kill bacteria and viruses has become crucial in healthcare places, and systems purifying water and air purification. This demand greatly increased with the COVID-19 outbreak as effective disinfection became very important. This is why the market for UV LEDs has grown big because they are very important in making sure public health and safety stay good. This situation probably will keep going on as people all around the world still pay much attention to hygiene and cleanliness.

 

Technological Advancements

The UV LED market is seeing growth mainly because of the technological improvements in this area. The latest advancements result in more effective UV LEDs that have a longer life span and are less costly to operate. Progress like enhanced power outputs and smaller designs are especially attractive for multiple industries, from health care to industrial production. These changes make UV LEDs more versatile, which helps the manufacturers to increase their market share. For steady growth in the market and to stay competitive, it is important that we keep finding new uses for this technology.

 

Environmental and Energy Benefits

UV LEDs bring notable advantages in terms of environment and energy compared to regular UV lamps. They are free from mercury, hence providing a safer and greener option. Moreover, UV LEDs exhibit excellent energy efficacy which aids in decreasing the use of power and lessening operational expenses. These characteristics go along nicely with worldwide sustainability aims and regulatory systems that are focused on encouraging green technologies. As the importance of environmental sustainability becomes a priority for industries and governments around the globe, UV LEDs are expected to be more widely used. This increase the market's size and strengthen its growth direction.

UV LED Market1

Challenges of the UV LED Market

Technical Challenges and Complexity

UV LEDs, especially UV-C LEDs, face several technical difficulties that must be resolved for wider acceptance. These include managing heat well, keeping efficiency in shorter wavelengths, and making sure they have long operation life. Conquering the technical barriers is crucial to broadening the application scope of UV LEDs and attaining market growth, which need to keep researching and developing so that UV LED products perform better and be more dependent.

 

Opportunities of the UV LED Market

Expanding Applications in Emerging Markets

Increasingly, markets that are growing quickly in areas like Asia-Pacific and Latin America offer big chances for the UV LED industry. The use of UV LEDs is spreading fast in water and air cleaning, healthcare, as well as industrial activities among these regions. This situation happens because they experience more industrial and urban development which increases their need for advanced disinfection or purifying technologies similar to other parts of the world. This brings about large chances for UV LED export and the formation of fresh UV LED suppliers, making easy market growth in these promising fields.

 

Partnerships and Collaborations

Partnerships and collaborations between important market participants are crucial for technology improvement and increasing the market's size. If UV LED manufacturers, suppliers, and research institutions join together in a joint venture, it encourage invention. This could result in the creation of superior products or solutions. Such alliances might also help to share knowledge and resources more freely which can create fresh ways for growth in the UV LED market. By joining their strengths together, companies in the industry can quickly increase their innovation and market entry rates. This will boost their competitive position.

 

UV LED Market Segment Analysis

By End-User Industry, the UV LED market is mostly controlled by the healthcare and medical fields. There is a great need for sterilization and disinfection in health-related places. In particular, UV-C LEDs are very useful in killing pathogens like bacteria, viruses, and fungi. They play an important part in hospitals, clinics, labs as well as other medical centers. Healthcare and medical areas have the biggest part in the market because of their wide use for disinfection and sterilization using UV LED technology.

 

This includes applications like surgical equipment sterilization, air and water purifiers as well as surface disinfection in healthcare facilities. The size of the industrial field is second largest with considerable usage for UV curing, surface treatment, and industrial disinfection processes. UV LEDs are applied to cure adhesives, coatings, and inks. They also find use in sterilizing industrial equipment and facilities.

UV LED Market2

UV LED Market Regional Insights  

Major manufacturing countries from the Asia Pacific for UV LEDs are China, Japan, and South Korea. Many important players in the semiconductor and LED industries are located in this region. It has a big impact on the total market size of global UV LEDs with its demand for applications like water or air purification systems as well as medical equipment and industrial processes that use these types of lights. Rapid industrial development and growth of cities combined with more understanding of environment and health advantages are the main reasons for big sales in this region. This is why Asia-Pacific has a significant market share in the UV LED market.

 

The UV LED industry also benefits from being at the forefront of technological progress and carrying out extensive research and development activities in this region. The top importers of the UV LED are India with 6,000+ shipments followed by Vietnam with 4,000+ and Peru at the 3rd spot with 3,000+ shipments. The top exporters are China with 7,500+ shipments followed by the United States with 2,500+ and Japan at the 3rd spot with 2,000+ shipments.

 

In the North American region sectors such as healthcare, industrial processing, and consumer electronics show strong demand for UV LEDs. The market for UV LEDs grows due to a push towards advanced technologies and strict environmental rules about controlling pollution. The U.S. and Canada are home to many big makers of UV LEDs along with those who create new technology; this helps with both making them as well as selling them. This region also plays a significant role in UV LED export and import activities.

 

UV LED Market Competitive Landscape

Signify, once named Philips Lighting, is a big participant in the UV LED market. It has been working hard to make advancements in UV-C LED solutions for disinfection use, particularly during the COVID-19 outbreak. The UV-C lighting products of Signify are utilized for disinfecting purposes with air, surface, and water applications. Their strong R&D abilities and wide global distribution channels make them a major rival in the UV LED market.

 

Nordson Corporation is another important player in the UV LED industry, concentrating on precision dispensing, and fluid management alongside related technologies. They have made significant investments in UV curing systems with the use of UV LEDs for solidifying adhesives, coatings, and other materials. Nordson, with its deep knowledge of precision technology and solid influence in industrial uses, is a strong rival among UV LED manufacturers and UV LED suppliers.

 

Seoul Viosys, a part of Seoul Semiconductor, is known as a top UV LED maker that has special skills in advanced UV technology. It created the Violeds technology for sterilization and purification uses. By having plans to grow through innovation and increasing its exports in the UV LED field, Seoul Viosys is at the forefront of this industry. Their collaboration with SETi to improve UV LED solutions confirms their competitiveness. Dowa Holdings Co., Ltd. is recognized in the market for offering top-quality UV LED products, mainly in segments like UV-A and UV-C. Their dedication towards industrial uses like curing and sterilization plus their focus on eco-friendly production methods has helped them establish a strong foothold within the sector of the UV LED market. Dowa's progress in UV LED technology and its good position in the market in Asia make it competitive.

 

In the UV LED market, Nichia Corporation is known for being one of the first and most influential companies in LED technology. They have an important role in this field because they create high-quality UV-A as well as UV-C LEDs which are used widely across different areas such as medical, industrial, and consumer applications. Their commitment to research and development together with a strong distribution network helps them stay competitive among UV LED manufacturers and suppliers of these products.

 

The struggle among these businesses is fierce, and it's pushed by always creating new things, technological progressions as well as wider usage fields. The top spot of Signify in disinfection applications, Nordson's precision technology for industrial curing, Seoul Viosys' advanced Violeds technology, Dowa's sustainable production methods, and Nichia's superior LEDs are all different tactics used to gain market portion. As imports and exports of UV LED rise up, these companies are placing themselves in a good spot for worldwide market chances. This will add more pressure to the competition within this area of UV LED market.

 

Conclusion: According to SMR analysis, the UV LED market has potential for future growth because of advancements in technology, increasing uses and worldwide health and environment needs. Investment in research and development is important to make UV LEDs useful for more applications and increase their reliability. Companies must emphasize innovation, cooperation as well as following rules to take advantage of new chances while staying competitive in this changing market scenario.

UV LED Market Scope

Market Size in 2023

USD 1.71 Bn.

Market Size in 2030

USD 5.74 Bn.

CAGR (2024-2030)

18.9%

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

Segments

By Type

UV-A LEDs (315-400 nm)

UV-B LEDs (280-315 nm)

UV-C LEDs (100-280 nm)

By Application

Sterilization and Disinfection

Curing

Adhesives

Medical and Healthcare

Security and Authentication

Others

By End-User Industry

Healthcare and Medical

Agriculture

Industrial

Consumer Electronics

Aerospace and Defense

Research and Development

Others

Regional Scope

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Key Player in the UV LED Market  

  1. Signify
  2. Nordson Corporation
  3. Seoul Viosys
  4. Dowa Holdings Co., Ltd.
  5. Nichia Corporation
  6. Nikkiso Co., Ltd
  7. Sensor Electronic Technology, Inc.
  8. Phoseon Technology
  9. Heraeus Holding.
  10. LG INNOTEK
  11. Hönle Group
  12. ams-OSRAM AG
  13. SemiLEDs
  14. Crystal IS
  15. Lumileds Holding B.V


Frequently Asked Questions

The UV LED market is driven by the importance of UV-C LEDs to eradicate bacteria and viruses have become vital in areas related to healthcare, water purification systems, and air purification units.

1.    UV LED Market: Research Methodology 
2.    UV LED Market: Executive Summary
3.    Potential Areas for Investment
4.    UV LED Market: Competitive Landscape

4.1. Stellar Competition Matrix
4.2. Competitive Landscape
4.3. Key Players Benchmarking
4.4. Market Structure
4.4.1.    Market Leaders 
4.4.2.    Market Followers
4.4.3.    Emerging Players

4.5. Consolidation of the Market
5.    UV LED Market: Dynamics
5.1. Market Driver 
5.1.1.    Increasing Consumer Awareness
5.1.2.    Innovation in Product Offerings

5.2. Market Trends by Region
5.2.1.    North America
5.2.2.    Europe
5.2.3.    Asia Pacific
5.2.4.    Middle East and Africa
5.2.5.    South America

5.3. Market Drivers by Region
5.3.1.    North America
5.3.2.    Europe
5.3.3.    Asia Pacific
5.3.4.    Middle East and Africa
5.3.5.    South America

5.4. Market Restraints
5.5. Market Opportunities
5.6. Market Challenges
5.7. PORTER’s Five Forces Analysis
5.8. PESTLE Analysis
5.9. Strategies for New Entrants to Penetrate the Market
5.10. Regulatory Landscape by Region
5.10.1.    North America
5.10.2.    Europe
5.10.3.    Asia Pacific
5.10.4.    Middle East and Africa
5.10.5.    South America

5.11. Import-Export Analysis by Countries
5.11.1.    North America
5.11.1.1.    United States 
5.11.2.    Asia Pacific
5.11.2.1.    China
5.11.2.2.    Japan
5.11.2.3.    India
5.11.2.4.    Vietnam
5.11.2.5.    Peru

6.    UV LED Market Size and Forecast by Segments (by Value Units)
6.1. UV LED Market Size and Forecast, By Type (2023-2030)
6.1.1.    UV-A LEDs (315-400 nm)
6.1.2.    UV-B LEDs (280-315 nm)
6.1.3.    UV-C LEDs (100-280 nm) 

6.2. UV LED Market Size and Forecast, By Application (2023-2030)
6.2.1.    Sterilization and Disinfection
6.2.2.    Curing
6.2.3.    Adhesives
6.2.4.    Medical and Healthcare
6.2.5.    Security and Authentication
6.2.6.    Others 

6.3. UV LED Market Size and Forecast, By End-User Industry (2023-2030)
6.3.1.    Healthcare and Medical
6.3.2.    Agriculture
6.3.3.    Industrial
6.3.4.    Consumer Electronics
6.3.5.    Aerospace and Defense
6.3.6.    Research and Development
6.3.7.    Others 

6.4. UV LED Market Size and Forecast, by Region (2023-2030)
6.4.1.    North America
6.4.2.    Europe
6.4.3.    Asia Pacific
6.4.4.    Middle East and Africa
6.4.5.    South America

7.    North American UV LED Market Size and Forecast (by Value Units)
7.1. North America UV LED Market Size and Forecast, By Type (2023-2030)
7.1.1.    UV-A LEDs (315-400 nm)
7.1.2.    UV-B LEDs (280-315 nm)
7.1.3.    UV-C LEDs (100-280 nm)

7.2. North America UV LED Market Size and Forecast, By Application (2023-2030)
7.2.1.    Sterilization and Disinfection
7.2.2.    Curing
7.2.3.    Adhesives
7.2.4.    Medical and Healthcare
7.2.5.    Security and Authentication
7.2.6.    Others 

7.3. North America UV LED Market Size and Forecast, By End-User Industry (2023-2030)
7.3.1.    Healthcare and Medical
7.3.2.    Agriculture
7.3.3.    Industrial
7.3.4.    Consumer Electronics
7.3.5.    Aerospace and Defense
7.3.6.    Research and Development
7.3.7.    Others 

7.4. North America UV LED Market Size and Forecast, by Country (2023-2030)
7.4.1.    United States
7.4.2.    Canada
7.4.3.    Mexico

8.    Europe UV LED Market Size and Forecast (by Value Units)
8.1. Europe UV LED Market Size and Forecast, By Type (2023-2030)
8.1.1.    UV-A LEDs (315-400 nm)
8.1.2.    UV-B LEDs (280-315 nm)
8.1.3.    UV-C LEDs (100-280 nm) 

8.2. Europe UV LED Market Size and Forecast, By Application (2023-2030)
8.2.1.    Sterilization and Disinfection
8.2.2.    Curing
8.2.3.    Adhesives
8.2.4.    Medical and Healthcare
8.2.5.    Security and Authentication
8.2.6.    Others 

8.3. Europe UV LED Market Size and Forecast, By End-User Industry (2023-2030)
8.3.1.    Healthcare and Medical
8.3.2.    Agriculture
8.3.3.    Industrial
8.3.4.    Consumer Electronics
8.3.5.    Aerospace and Defense
8.3.6.    Research and Development
8.3.7.    Others

8.4. Europe UV LED Market Size and Forecast, by Country (2023-2030)
8.4.1.    UK
8.4.2.    France
8.4.3.    Germany
8.4.4.    Italy
8.4.5.    Spain
8.4.6.    Sweden
8.4.7.    Austria
8.4.8.    Rest of Europe

9.    Asia Pacific UV LED Market Size and Forecast (by Value Units)
9.1. Asia Pacific UV LED Market Size and Forecast, By Type (2023-2030)
9.1.1.    UV-A LEDs (315-400 nm)
9.1.2.    UV-B LEDs (280-315 nm)
9.1.3.    UV-C LEDs (100-280 nm) 

9.2. Asia Pacific UV LED Market Size and Forecast, By Application (2023-2030)
9.2.1.    Sterilization and Disinfection
9.2.2.    Curing
9.2.3.    Adhesives
9.2.4.    Medical and Healthcare
9.2.5.    Security and Authentication
9.2.6.    Others
 
9.3. Asia Pacific UV LED Market Size and Forecast, By End-User Industry (2023-2030)
9.3.1.    Healthcare and Medical
9.3.2.    Agriculture
9.3.3.    Industrial
9.3.4.    Consumer Electronics
9.3.5.    Aerospace and Defense
9.3.6.    Research and Development
9.3.7.    Others 

9.4. Asia Pacific UV LED Market Size and Forecast, by Country (2023-2030)
9.4.1.    China
9.4.2.    S Korea
9.4.3.    Japan
9.4.4.    India
9.4.5.    Australia
9.4.6.    Indonesia 
9.4.7.    Malaysia
9.4.8.    Vietnam
9.4.9.    Taiwan
9.4.10.    Bangladesh 
9.4.11.    Pakistan
9.4.12.    Rest of Asia Pacific

10.    Middle East and Africa UV LED Market Size and Forecast (by Value Units)
10.1. Middle East and Africa UV LED Market Size and Forecast, By Type (2023-2030)
10.1.1.    UV-A LEDs (315-400 nm)
10.1.2.    UV-B LEDs (280-315 nm)
10.1.3.    UV-C LEDs (100-280 nm)

10.2. Middle East and Africa UV LED Market Size and Forecast, By Application (2023-2030)
10.2.1.    Sterilization and Disinfection
10.2.2.    Curing
10.2.3.    Adhesives
10.2.4.    Medical and Healthcare
10.2.5.    Security and Authentication
10.2.6.    Others 

10.3. Middle East and Africa UV LED Market Size and Forecast, By End-User Industry (2023-2030)
10.3.1.    Healthcare and Medical
10.3.2.    Agriculture
10.3.3.    Industrial
10.3.4.    Consumer Electronics
10.3.5.    Aerospace and Defense
10.3.6.    Research and Development
10.3.7.    Others

10.4. Middle East and Africa UV LED Market Size and Forecast, by Country (2023-2030)
10.4.1.    South Africa
10.4.2.    GCC
10.4.3.    Egypt
10.4.4.    Nigeria
10.4.5.    Rest of ME&A

11.    South America UV LED Market Size and Forecast (by Value Units)
11.1. South America UV LED Market Size and Forecast, By Type (2023-2030)
11.1.1.    UV-A LEDs (315-400 nm)
11.1.2.    UV-B LEDs (280-315 nm)
11.1.3.    UV-C LEDs (100-280 nm) 

11.2. South America UV LED Market Size and Forecast, By Application (2023-2030)
11.2.1.    Sterilization and Disinfection
11.2.2.    Curing
11.2.3.    Adhesives
11.2.4.    Medical and Healthcare
11.2.5.    Security and Authentication
11.2.6.    Others 

11.3. South America UV LED Market Size and Forecast, By End-User Industry (2023-2030)
11.3.1.    Healthcare and Medical
11.3.2.    Agriculture
11.3.3.    Industrial
11.3.4.    Consumer Electronics
11.3.5.    Aerospace and Defense
11.3.6.    Research and Development
11.3.7.    Others

11.4. South America UV LED Market Size and Forecast, by Country (2023-2030)
11.4.1.    Brazil
11.4.2.    Argentina
11.4.3.    Rest of South America

12.    Company Profile: Key players
12.1. Signify
12.1.1.    Company Overview
12.1.2.    Financial Overview
12.1.3.    Business Portfolio
12.1.4.    SWOT Analysis
12.1.5.    Business Strategy 
12.1.6.    Recent Developments

12.2. Nordson Corporation
12.3. Seoul Viosys 
12.4. Dowa Holdings Co., Ltd. 
12.5. Nichia Corporation 
12.6. Nikkiso Co., Ltd 
12.7. Sensor Electronic Technology, Inc.
12.8. Phoseon Technology
12.9. Heraeus Holding.
12.10. LG INNOTEK
12.11. Hönle Group 
12.12. ams-OSRAM AG 
12.13. SemiLEDs 
12.14. Crystal IS 
12.15. Lumileds Holding B.V
13.    Key Findings
14.    Industry Recommendation

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