Thursday, 25 August 2016

UV LED Technology Market Global Analysis, Size, Share, Growth, Trends, and Forecast to 2020

According to the Global UV LED Technology Market 2016-2020 report, ban on mercury-based UV lighting solutions will be a key driver for market growth. Mercury-based lighting solutions, such as incandescent lamps, are banned due to their environmental concerns, thus resulting in a rise in the adoption of LED lighting source. This is the same scenario in the UV lighting market as well. UV LEDs are non-hazardous source of UV radiation, as these LEDs are ozone and mercury free and have other energy-saving properties that enhance sustainability. OEMs around the world are thus investing heavily in UV LED technology to reduce their power supply cost and adhere to legislative changes by replacing mercury-based UV lamps. Numerous environmental regulations worldwide are expected to further fuel the adoption of UV LEDs. The analysts forecast global UV LED technology market to grow at a CAGR of 38.72% during the period 2016-2020.

The following companies are the key players in the global UV LED technology market: HexaTech, Crystal IS, LG Innotek, SemiLEDs, Nichia, and Philips Lumileds. Other Prominent Vendors in the market are: Advanced Optoelectronic Technology, Heraeus Holding, Honle, Integration Technology, Luminus Devices, Lextar Electronics, Nordson, Nitride Semiconductors, Panasonic, Phoseon, Seoul Viosys, and Sensor Electronics Technology.

The global UV LED technology market is expected to grow at CAGR of 38.72% during 2016-2020. These LEDs find its adoption in a wide range of applications, which are expected to evolve more in the future. UV curing equipment manufacturers were the largest consumer of UV LEDs in 2015, accounting for 90.65% market share.

Complete report on UV LED technology market spreads across 66 pages profiling 5 companies and supported with 51 Exhibits and Table Buy @

Table of Contents for Global UV LED Technology Market 2016-2020 Report

PART 01: Executive summary
PART 02: Scope of the report
Market overview
Common currency conversion rates
Top vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Technology landscape
Comparison between LEDs, incandescent light bulbs, and CFLs
UV light
Comparison between UV LEDs and traditional UV lamps
PART 06: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 07: Market segmentation by application
Market overview
PART 08: Market segmentation by technology
Market overview
Market size and forecast
PART 09: Geographical segmentation
Market size and forecast
PART 10: Market drivers
Low cost of ownership
Reducing manufacturing cost over time
Ban on mercury-based lamps
PART 11: Impact of drivers
PART 12: Market challenges
Design and integration issues in the manufacturing phase
Health hazards associated with UV LEDs
High cost of substrates
PART 13: Impact of drivers and challenges
PART 14: Market trends
Increased adoption of UV LEDs in consumer electronics
Emergence of GaN-on-Si LEDs
Higher import duties
PART 15: Vendor landscape
Competitive scenario
Other prominent vendors
List of Exhibits
Exhibit 01: Major countries covered
Exhibit 02: Standard currency conversion rates
Exhibit 03: Product offerings
Exhibit 04: Key benefits of next-gen UV LED technology
Exhibit 05: Strategic recommendation for vendors/investors
Exhibit 06: Global UV LED technology market traction
Exhibit 07: Global UV LED technology market traction by geography
Exhibit 08: Comparison of the light output (measured in lumens) of LEDs, incandescent light bulbs, and CFLs
Exhibit 09: Comparison of the properties of LEDs, incandescent light bulbs, and CFLs
Exhibit 10: Electromagnetic spectrum
Exhibit 11: Comparison between UV LEDs and traditional UV lamps
Exhibit 12: UV lighting market split by technology
Exhibit 13: Innovation adoption life cycle
Exhibit 14: Global UV LED technology market segments
Exhibit 15: Global UV LED technology market 2015-2020 ($ millions) more available at

About Us:   is your go-to source for all market research needs. Our database includes thousands of market research reports from over multiple leading global publishers & in-depth market research studies of over several micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Also Available At