Abstract
Summary
The global UV-C LED market size was valued at $208.3 million in 2020, and is projected to reach $18,941.3 million by 2030, registering a CAGR of 59.7% from 2021 to 2030. UV-C LED is a subtype of UV LED emitting light having wavelength from 100 nm to 280 nm. UV-C LED is suitable for disinfection of purification since it effectively renders bacteria, viruses and fungi harmless. UV-C LED has a highly disinfecting effect as UV-C is absorbed by the DNA of microorganisms, inactivating their reproduction process.
The growth of the global UV-C LED industry is majorly driven by surge in adoption for water purification and UV-C LED is highly effective for disinfection. However, thermal management of UV-C LED is a major concern of the technology and limits the market growth. Conversely, integration of UV-C LED with home appliances and consumer products is expected to create remunerative opportunities for the market growth during the forecast period. In addition, UV-C LEDs recent price cut in its unit cost price, and improving output power and reliability are some of the other factors that are driving the market growth substantially.
The UV-C LED market is segmented into application, and region. The applications covered in the study include water/air disinfection, sterilization, healthcare, industrial, sensing, and others. Region wise, the UV-C LED market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the UV-C LED market include ams OSRAM, Crystal IS, Inc., Convergever Inc., Ltd., DOWA Holdings Co., Ltd, Harvatek Corporation, Heraeus Holding GmbH, High Power Lighting Corporation, IBT Group, International Light Technologies, Inc., IRTronix, Inc., Nichia Corporation, Nikkiso Co, Ltd., Nitride Semiconductor Co, Ltd., NKFG Corporation, Photon Wave Co., Ltd., Seoul Viosys Co, Ltd., Signify Holding, Stanley Electric Co, Ltd, Taoyuan Electron (HK) Limited, and Toyoda Gosei Co., Ltd.
KEY MARKET SEGMENTS
BY APPLICATION
• Water/Air Disinfection
• Sterilization
• Healthcare
• Industrial
• Sensing
• Others
REGION
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o Italy
o France
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
KEY PLAYERS
• ams OSRAM
• Crystal IS, Inc.
• Convergever Inc., Ltd.
• DOWA Holdings Co., Ltd.
• Harvatek Corporation
• Heraeus Holding GmbH
• High Power Lighting Corporation
• IBT Group
• International Light Technologies, Inc.
• IRTronix, Inc.
• Nichia Corporation
• Nikkiso Co, Ltd.
• Nitride Semiconductor Co, Ltd.
• NKFG Corporation
• Photon Wave Co., Ltd.
• Seoul Viosys Co, Ltd.
• Signify Holding
• Stanley Electric Co, Ltd.
• Taoyuan Electron (HK) Limited
• Toyoda Gosei Co., Ltd.
Table of Contents
1 Introduction
1.1 Report description
1.2 Key benefits for stakeholders
1.3 Key market segments
1.4 Research methodology
1.4.1 Primary research
1.4.2 Secondary research
1.4.3 Analyst tools and models
2 Executive summary
2.1 Key findings
2.1.1 Top impacting factors
2.1.2 Top investment pockets
2.2 CXO perspective
3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key forces shaping UV-C LED market
3.3 Market dynamics
3.3.1 Drivers
- 3.3.1.1 UV-C LED is highly effective for disinfection
- 3.3.1.2 Surge in adoption for water purification
3.3.2 Restraint
- 3.3.2.1 Thermal management of UV-C LED is a concern
3.3.3 Opportunities
- 3.3.3.1 Integration with home appliances and consumer products
3.4 COVID-19 impact analysis on the UV-C LED market
3.4.1 Impact on market size
3.4.2 End user trends, preferences, and budget impact
3.5 Market share analysis
3.6 Pricing analysis of packages
3.6.1 Tape & reel (TR)
3.6.2 Cut tape (CT)
3.6.3 Others
3.7 Value chain analysis
3.7.1 Raw material supplier
3.7.2 LED epi wafer/chip
3.7.3 LED package
3.7.4 LED module/system
3.7.5 End product
3.7.6 End users
4 UV-C LED MARKET, BY application
4.1 Overview
4.2 Water/air disinfection
4.2.1 Key market trends, growth factors, and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis, by country
4.3 Sterilization
4.3.1 Key market trends, growth factors, and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis, by country
4.4 Healthcare
4.4.1 Key market trends, growth factors, and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis, by country
4.5 Industrial
4.5.1 Key market trends, growth factors, and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis, by country
4.6 Sensing
4.6.1 Key market trends, growth factors, and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis, by country
4.7 Others
4.7.1 Key market trends, growth factors, and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market analysis, by country
5 UV-C LED MARKET, BY Region
5.1 Overview
5.2 North America
5.2.1 Key market trends, growth factors, and opportunities
5.2.2 Market size and forecast, by application
5.2.3 Market analysis, by country
- 5.2.3.1 U.S
- 5.2.3.1.1 Market size and forecast, by application
- 5.2.3.2 Canada
- 5.2.3.2.1 Market size and forecast, by application
- 5.2.3.3 Mexico
- 5.2.3.3.1 Market size and forecast, by application
- 5.2.3.1 U.S
5.3 Europe
5.3.1 Key market trends, growth factors, and opportunities
5.3.2 Market size and forecast, by application
5.3.3 Market analysis, by country
- 5.3.3.1 UK
- 5.3.3.1.1 Market size and forecast, by application
- 5.3.3.2 Germany
- 5.3.3.2.1 Market size and forecast, by application
- 5.3.3.3 Italy
- 5.3.3.3.1 Market size and forecast, by application
- 5.3.3.4 France
- 5.3.3.4.1 Market size and forecast, by application
- 5.3.3.5 Rest of Europe
- 5.3.3.5.1 Market size and forecast, by application
- 5.3.3.1 UK
5.4 Asia-Pacific
5.4.1 Key market trends, growth factors, and opportunities
5.4.2 Market size and forecast, by application
5.4.3 Market analysis, by country
- 5.4.3.1 China
- 5.4.3.1.1 Market size and forecast, by application
- 5.4.3.2 Japan
- 5.4.3.2.1 Market size and forecast, by application
- 5.4.3.3 India
- 5.4.3.3.1 Market size and forecast, by application
- 5.4.3.4 South Korea
- 5.4.3.4.1 Market size and forecast, by application
- 5.4.3.5 Rest of Asia-Pacific
- 5.4.3.5.1 Market size and forecast, by application
- 5.4.3.1 China
5.5 LAMEA
5.5.1 Key market trends, growth factors, and opportunities
5.5.2 Market size and forecast, by application
5.5.3 Market analysis, by country
- 5.5.3.1 Latin America
- 5.5.3.1.1 Market size and forecast, by application
- 5.5.3.2 Middle East
- 5.5.3.2.1 Market size and forecast, by application
- 5.5.3.3 Africa
- 5.5.3.3.1 Market size and forecast, by application
- 5.5.3.1 Latin America
6 COMPETITIVE LANDSCAPE
6.1 Introduction
6.1.1 Key player positioning, 2020
6.2 Competitive dashboard
6.3 Competitive heatmap
6.4 Top winning strategies
6.4.1 Top winning strategies, by year
6.4.2 Top winning strategies, by development
6.4.3 Top winning strategies, by company
7 Company profiles
7.1 AMS OSRAM
7.1.1 Company overview
7.1.2 Key executives
7.1.3 Company snapshot
7.1.4 Operating business segments
7.1.5 Product portfolio
7.1.6 R&D expenditure
7.1.7 Business performance
7.1.8 Key strategic moves and developments
7.2 ASAHI KASEI CORP. (CRYSTAL IS, INC.)
7.2.1 Company overview
7.2.2 Key executives
7.2.3 Company snapshot
7.2.4 Operating business segments
7.2.5 Product portfolio
7.2.6 R&D expenditure
7.2.7 Business performance
7.2.8 Key strategic moves and developments
7.3 CONVERGEVER INC., LTD
7.3.1 Company overview
7.3.2 Key executives
7.3.3 Company snapshot
7.3.4 Product portfolio
7.4 DOWA HOLDINGS CO., LTD
7.4.1 Company overview
7.4.2 Key executives
7.4.3 Company snapshot
7.4.4 Operating business segments
7.4.5 Product portfolio
7.4.6 R&D expenditure
7.4.7 Business performance
7.5 HARVATEK CORPORATION
7.5.1 Company overview
7.5.2 Key executives
7.5.3 Company snapshot
7.5.4 Operating business segments
7.5.5 Product portfolio
7.5.6 R&D expenditure
7.5.7 Business performance
7.6 HERAEUS HOLDING GmbH
7.6.1 Company overview
7.6.2 Key executives
7.6.3 Company snapshot
7.6.4 Product portfolio
7.7 HIGH POWER LIGHTING CORP. (HPL)
7.7.1 Company overview
7.7.2 Key executives
7.7.3 Company snapshot
7.7.4 Product portfolio
7.7.5 R&D expenditure
7.7.6 Business performance
7.8 IBT GROUP (IVY BRIDGE TECHNOLOGY CO., LTD)
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Product portfolio
7.9 INTERNATIONAL LIGHT TECHNOLOGIES, INC
7.9.1 Company overview
7.9.2 Key executives
7.9.3 Company snapshot
7.9.4 Product portfolio
7.10 IRTRONIX, INC
7.10.1 Company overview
7.10.2 Key executives
7.10.3 Company snapshot
7.10.4 Product portfolio
7.11 NICHIA CORPORATION
7.11.1 Company overview
7.11.2 Key executives
7.11.3 Company snapshot
7.11.4 Product portfolio
7.11.5 Key strategic moves and developments
7.12 NIKKISO CO., LTD
7.12.1 Company overview
7.12.2 Key executives
7.12.3 Company snapshot
7.12.4 Operating business segments
7.12.5 Product portfolio
7.12.6 R&D expenditure
7.12.7 Business performance
7.12.8 Key strategic moves and developments
7.13 NITRIDE SEMICONDUCTORS CO., LTD
7.13.1 Company overview
7.13.2 Key executives
7.13.3 Company snapshot
7.13.4 Product portfolio
7.14 NKFG CORPORATION
7.14.1 Company overview
7.14.2 Key executives
7.14.3 Company snapshot
7.14.4 Product portfolio
7.15 PHOTON WAVE CO., LTD
7.15.1 Company overview
7.15.2 Key executives
7.15.3 Company snapshot
7.15.4 Product portfolio
7.16 SEOUL VIOSYS CO., LTD
7.16.1 Company overview
7.16.2 Key executives
7.16.3 Company snapshot
7.16.4 Product portfolio
7.16.5 Business performance
7.16.6 Key strategic moves and developments
7.17 SIGNIFY HOLDING
7.17.1 Company overview
7.17.2 Key executives
7.17.3 Company snapshot
7.17.4 Operating business segments
7.17.5 Product portfolio
7.17.6 R&D expenditure
7.17.7 Business performance
7.17.8 Key strategic moves and developments
7.18 STANLEY ELECTRIC CO., LTD
7.18.1 Company overview
7.18.2 Key executives
7.18.3 Company snapshot
7.18.4 Operating business segments
7.18.5 Product portfolio
7.18.6 R&D expenditure
7.18.7 Business performance
7.18.8 Key strategic moves and developments
7.19 TAOYUAN ELECTRON (HK) LIMITED
7.19.1 Company overview
7.19.2 Key executives
7.19.3 Company snapshot
7.19.4 Product portfolio
7.19.5 Key strategic moves and developments
7.20 TOYODA GOSEI CO., LTD
7.20.1 Company overview
7.20.2 Key executives
7.20.3 Company snapshot
7.20.4 Product portfolio
7.20.5 R&D expenditure
7.20.6 Business performance
7.20.7 Key strategic moves and developments