UV LED Market Size, Share, and Forecast by 2025
UV LED Market: Strategic Insights
UV LED Market
-
CAGR (2016 - 2025)24.8% -
Market Size 2016
US$ 178.4 Million -
Market Size 2025
US$ 1,311.7 Million
Market Dynamics
GROWTH DRIVERS
- Endorsement of energy saving policies
- Rising demand for curing processes
- Burgeoning technological advancements in manufacturing industry
FUTURE TRENDS
- Entry of new players with disruptive technologies
- Rise in development of UV LED packages
OPPORTUNITIES
- Emergence of novel application to generate new growth opportunities of players in value chain
Key Players
- Koninklijke Philips N V
- LG Electronics Inc
- Crystal IS Inc
- Nichia Corporation
- Phoseon Technology
- SemiLEDs Corporation
- Seoul Viosys Co Ltd
- Sensor Electronic Technolgy Inc
- Halma PLC
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Technology
- UV-A LED
- UV-B LED
- UV-C LED
Applications
- Curing
- Medical
- Electronic Devices
- Water Treatment
- Security