The electromagnetic spectrum of ultraviolet light can be subdivided in a number of ways. The draft ISO standard on determining solar irradiances (ISO-DIS-21348) describes the UVA (400~315nm), UVB (315~280nm), UVC (280~100nm). UVC LED is a kind of Ultra-violet LED (UV LED) with light emitted in the UVC spectrum.
The highest penetration and usage of UV LEDs today is in curing applications, but other applications such as water and air disinfection are increasing their reliance on UV LEDs as the technology evolves. This growth is expected to continue in the next five years and new potential applications will emerge. The largest growth opportunities will stem from new applications such as the UV-C integration into everyday items like into refrigerators for disinfection, which has huge potential.
As large demand of UVC LED product, the domestic enterprises should hold the opportunity to improve their technology with domestic advantages, such as low raw material price. we tend to believe this industry now should improve in technology, and the consumption increasing degree will show a slowly growth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
According to this study, over the next five years the UVC LED market will register a 92.3% CAGR in terms of revenue, the global market size will reach US$ 200 million by 2024, from US$ 4 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in UVC LED business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of UVC LED market by product type, application, key manufacturers and key regions and countries.
This study considers the UVC LED value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
TO
SMD
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Water/Air Disinfection
Sensing( Bioagents, DNA)
Medical
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
SETi
Crystal IS
HexaTech
Seoul Viosys
NIKKISO
Rayvio
DOWA
LG Innotek
ConvergEver
Qingdao Jason
HPL
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global UVC LED consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of UVC LED market by identifying its various subsegments.
Focuses on the key global UVC LED manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the UVC LED with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of UVC LED submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on UVC LED . Industry analysis & Market Report on UVC LED is a syndicated market report, published as Global UVC LED Market Growth 2019-2024. It is complete Research Study and Industry Analysis of UVC LED market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.