UV LED Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
The UV LED Market is expected to register a CAGR of 23.2% over the forecast period. UV LED lighting offers longer lifetimes, greater reliability, and smaller sizes, enabling system designers maximum design freedom. Radiations with wavelengths from 180 to 280 nm are referred to as UV-C, and this is the range needed to be used effectively in decontamination, disinfection, and sterilization.
Key HighlightsThe UV LED Market is competitive in nature. The market is highly fragmented. Some of the significant players in the market are Lumileds Holding B.V, Signify Holding, Nordson Corporation, GEW (EC) Limited, Seoul Viosys Co. Ltd, and Nichia Corporation.
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