Global UVC LED and Chips Market Growth 2023-2029

Global UVC LED and Chips Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “UVC LED and Chips Industry Forecast” looks at past sales and reviews total world UVC LED and Chips sales in 2022, providing a comprehensive analysis by region and market sector of projected UVC LED and Chips sales for 2023 through 2029. With UVC LED and Chips sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world UVC LED and Chips industry.
This Insight Report provides a comprehensive analysis of the global UVC LED and Chips landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on UVC LED and Chips portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global UVC LED and Chips market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for UVC LED and Chips and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global UVC LED and Chips.
The global UVC LED and Chips market size is projected to grow from US$ 378.6 million in 2022 to US$ 4524.3 million in 2029; it is expected to grow at a CAGR of 4524.3 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of UVC LED and Chips market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Below 10 mw
10-30 mw
Above 30 mw
Segmentation by application
Water/Air Disinfection
Biosensing
Medical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report
What is the 10-year outlook for the global UVC LED and Chips market?
What factors are driving UVC LED and Chips market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do UVC LED and Chips market opportunities vary by end market size?
How does UVC LED and Chips break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.