Global UVC LED and Chips Market Research Report 2023(Status and Outlook)

Global UVC LED and Chips Market Research Report 2023(Status and Outlook)

Report Overview

UVC LEDs. Ultraviolet (UV) LEDs have applications in the field of water treatment, optical data storage, communications, biological agent detection and polymer curing. The UVC region of the UV spectral range refers to wavelengths between 100 nm to 280 nm.

A variety of scientists and groups have suggested wide-ranging prospects for germicidal UV-C light (which occupies the 200-to-280-nm wavelength band) as part of the solution to the COVID-19 crisis. These range from visions of installing UV-C lamps in office air ducts to scrub coronavirus from them, to low-cost systems designed to sterilize reusable personal protective equipment, such as N95 masks. (One such project, which is making designs for low-cost, easily assembled UV sterilization cabinets available in low-income countries, is partly supported by the OSA Foundation, the charitable arm of The Optical Society, OPN’s publisher.)

In contrast, another technology leader, the Seoul Viosys arm of Seoul Semiconductor, has stuck with the business, and even had an initial public offering in late February 2020, as the pandemic and UV-C’s germicidal potential were gaining worldwide attention—showing

Water/Air Disinfection application led the market and accounted for 51.94% of the global share in 2019 on account of the increasing demand in water and wastewater treatment plants. The growing traction for proper disinfectant technologies along with increasing concerns for hygiene and safety, especially in the healthcare and food & beverage industries, is likely to drive demand.

Asia Pacific led the market and accounted for over 46.31% of the global revenue in 2019.

The Global UVC LED and Chips Market Size was estimated at USD 247.90 million in 2022 and is projected to reach USD 4932.55 million by 2029, exhibiting a CAGR of 53.30% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global UVC LED and Chips market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global UVC LED and Chips Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the UVC LED and Chips market in any manner.

Global UVC LED and Chips Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Seoul Viosys

NIKKISO

Nitride Semiconductors Co.,Ltd

Crystal IS

Stanley

Qingdao Jason Electric

Rayvio

Advanced Optoelectronic Technology Inc

NATIONSTAR

LITE-ON

San'an Optoelectronics

Lextar

HPL

DUVTek

Nichia

Photon Wave Co

Market Segmentation (by Type)

Below 10 mw

10-30 mw

Above 30 mw

Market Segmentation (by Application)

Heartburn

Sour Stomach

Peptic Ulcer

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the UVC LED and Chips Market

Overview of the regional outlook of the UVC LED and Chips Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors