Global UVC LED Industry Is Projected to Reach 4 Million US$ by 2025

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City of Industry, CA -- (SBWire) -- 09/21/2018 --This study focuses on the production side and consumption side of UVC LED, presents the global UVC LED market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the UVC LED capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of UVC LED by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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.

The UVC LED market was valued at 4 Million US$ in 2017 and is projected to reach 4 Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for UVC LED. This report includes the following manufacturers; we can also add the other companies as you want.

SETi

Crystal IS

HexaTech

Seoul Viosys

NIKKISO

Rayvio

DOWA

LG Innotek

ConvergEver

Qingdao Jason

HPL

Market Segment by Product Type

TO

SMD

Others

Market Segment by Application

Water/Air Disinfection

Sensing( Bioagents, DNA)

Medical

Others

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Market size split by Region
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa

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