Global UV LED market is anticipated to grow at a significant CAGR of 22.8% during the forecast period (2024-2031). The market growth is driven by the high energy efficiency of UV LEDs for lower energy expenditure and maintenance needs compared to conventional sources. Additionally, the rising demand for UV LEDs in various industries such as healthcare and medicine, agriculture, automotive, electronics, and printing, owing to their energy efficiency, environmental friendliness, and compactness, is also contributing significantly towards the market growth.
The global UV LED market is segmented by Technology (UV-A, UV-B, and UV-C), by application (UV curing, medical and scientific, disinfection and sterilization, counterfeit detection, optical sensing and instrumentation, and others), by end-user (residential, industrial and commercial), and by geographies (North America, Europe, Asia-Pacific, and Rest of the World).
The major players in the global UV LED market include Signify Holding, Honle UV America Inc., Seoul Viosys Co., Ltd, Semileds Corporation, Koninklijke Philips NV, Nichia Corporation, EPIGAP Optronic GmbH, CRYSTAL IS Inc. and others. The market players are contributing significantly to the market growth, by the adoption of various business strategies, such as collaborations, mergers and acquisitions, product portfolio diversification, and more.
Browse the full report description of “UV LED Market Size, Share & Trends Analysis Report by Technology (UV-A, UV-B and UV-C), by Application (UV Curing, Medical and Scientific, Disinfection and Sterilization, Counterfeit Detection, Optical sensing and instrumentation, and others), by End-User (Residential, Industrial and Commercial) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/uv-led-market
Recent Developments
- In September 2024, ProPhotonix, part of the Exaktera group, announced the release of its new COBRA Slim UVC LED Line light. The products have applications in machine vision and will be on display at Vision 2024, booth 10E59. It is built on the COBRA Slim platform, COBRA Slim UVC delivers up to 61mW/cm2 of highly uniform light at the optimum UVC wavelength.
- In July 2024, Arkema announced the establishment of a UV/LED/EB technologies lab at the Arkema Kyoto Technical Center (KTC). This expanded companies business offering in the region for UV/LED/EB curable resins and additives for specialty coating and adhesive applications for advanced electronics, new energies, building efficiency, and e-mobility markets.
- In June 2024, Silanna UV launched a new 235nm Quad High-Power far-UVC LED at the International Congress on Far-UVC Science and Technology 2024 (ICFUST). The SF1-3M1FWL1 features a high-power, far-UVC emitting device, enabling a variety of new applications and potential markets. The applications extend to surface disinfection, air purification, medical device sterilization, home appliance sterilization, and liquid chromatography. It offers a viewing angle of 125 degrees and a typical output power of over 3mW at 30mA.
- In April 2024, Global Inkjet Systems and IST INTECH announced a partnership. The companies introduces a brand ‘Atlas Ready’ in partnership. The brand products will leverage the Image Aware capabilities of the GIS Atlas Platform and provide automatic control of digital printing devices based on the printed image data to provide optimization of these devices within a complete digital inkjet printing solution. IST INTECH’s UV LED curing systems will be integrated into the Atlas Server technology.
- In December 2023, NICHIA CORP. announced the manufacturing of two new UV LEDs, launched in March 2024. The products include UV-B LED with a peak wavelength of 308nm and UV-A LED with a peak wavelength of 330nm.
- In May 2023, Phoseon™, An Excelitas Technologies® Company launched its latest UV LED curing solutions for wood coatings at Ligna 2023 in Hannover, Germany. The lamps have a variety of applications including excimer gelling, wood coatings, parquet oils and coatings, and inkjet inks for wood decoration.
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