The global UV LED market size reached US$ 674.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,768.3 Million by 2028, exhibiting a growth rate (CAGR) of 16.1% during 2023-2028.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "UV LED Market: Global
Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-
2028," the global UV LED market size reached US$ 674.3 Million in 2022.
Ultraviolet (UV) light-emitting diodes (LEDs) refer to technology that converts
electrical energy into ultraviolet light. UV LEDs generally operate at a
temperature below 100 Fahrenheit. They are environment-friendly as they
consume less energy and do not possess harmful mercury, and produce ozone.
They are extensively used in coatings, industrial curing of printing and
adhesives, biological inactivation, advanced imaging, and molecular detection.
In recent years, UV LEDs have gained momentum due to their wide
employment in mainstream applications, such as purification, disinfection,
sterilization, indoor gardening, and medical phototherapy.
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market/requestsample
4. Report Description
Global UV LED Market Trends:
UV LED lighting offers a longer lifetime, greater reliability, and smaller sizes, enabling system designers
maximum design freedom, which represents the primary factor driving the market. Additionally, the extensive
product utilization in sterilization applications, as it is the most cost-effective way to provide safe drinking water
globally, is creating a positive market outlook. Besides this, the demand for environment-friendly methods of
producing optoelectronics is constantly rising. Along with this, various technological developments in the
production of solid-state UV devices are propelling market growth.
In line with this, the rising miniaturization in consumer electronics and the growing adoption of LED technology
for UV curing commercial and industrial materials, including inks, is catalyzing the market growth. Moreover, the
wide employment of this product in deoxyribonucleic acid (DNA) analysis and germicidal for surface, air, and
water purification are creating lucrative growth opportunities for key players operating in the industry.
Looking forward, IMARC Group expects the market value to reach US$ 1,768.3 Million by 2028, expanding at
a CAGR of 16.1% during the forecast period (2023-2028).
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6. Report
Segmentation
Industry Vertical Insights:
• Healthcare and Medical
• Agriculture
• Residential
• Industrial
• Commercial
Regional Insights:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
8. Key Questions
Answered in
the Report
What was the size of the global UV LED market in 2022?
What is the expected growth rate of the global UV LED market
during 2023-2028?
What are the key factors driving the global UV LED market?
What has been the impact of COVID-19 on the global UV LED
market?
What is the breakup of the global UV LED market based on the
type?
What is the breakup of the global UV LED market based on the
application?
What is the breakup of the global UV LED market based on
industry vertical?
What are the key regions in the global UV LED market?
Who are the key players/companies in the global UV LED
market?
9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global UV LED Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 UV-A
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 UV-B
6.2.1 Market T rends
6.2.2 Market Forecast
6.3 UV-C
6.3.1 Mark et T rends
6.3.2 Mark et Forecast
7 Market Breakup by Material
10. Table of
Contents
7.1 Silicon Carbide (SiC)
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Gallium Nitride (GaN)
7.2.1 Mark et Trends
7.2.2 Market Forecast
7.3 Sapphire
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
7.4 Others
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
8 Market Breakup by Application
8.1 Curing
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Disinf ection/Purification
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Indoor Gardening
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Counterfeit Detection
8.4.1 Mark et Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Mark et Trends
8.5.2 Mark et Forecast
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led-market/toc