Ultraviolet LED Market: Growing Demand, Geographical Segmentation, Analysis of L

Posted by Elizabeth Sanchez on January 5th, 2021

The Global Ultraviolet LED Market report, compiled by Emergen Research, is a wide-ranging assessment of the global market size, share, and revenue generation during the historical years (2017-2020), which helps the analysts accurately forecast the same for the estimated period of (2021-2027). The report comprehensively studies the existing competitive scenario of the market, with prime focus on the leading market competitors and their business expansion strategies. The market intelligence report offers a complete overview of the market, along with an in-depth summary of the company profiles of the key market players. In the concluding part of the report, our team of analysts has included significant data and information, offering accurate insights into the global Ultraviolet LED market growth on both regional and global levels.

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Key Highlights from the Report:

• The trade players play a vital part in the industry’s expansion due to sufficient funding and the sector’s growing attraction. Few research studies suggest that the use of UV-based water medical management is more cost-effective as the treatment measure has approximately 122 MW irradiation capacity and 270 nm wavelength, which effectively reduces waste by 90-99% in two minutes.
• Moreover, the rising burden of water-borne disease has augmented the level of consciousness about intensely treated water. The increasing awareness regarding the benefits of consumption of UV-treated water has led to the proliferation of the UV-based LED lights.
• While North America commanded the market growth in 2019, Asia Pacific is predicted to register a remarkable growth in the projected timeline owing to the growing usage of UV equipped LEDs for numerous purposes such as sterilization and medical care and the rising number of investment from countries like Japan and China.
• Key companies operating in the market are Fuji Xerox Co. Ltd., Honle UV America Inc.,Heraeus Holding GmbH, Seoul Viosys Co. Ltd, Aquionics Inc.,Nordson Corporation, Crystal IS Inc., Semileds Corporation, Lumileds Holding BV, and LG Innotek Co. Ltd.
• Seoul Viosys, in May 2020, announced that the inquires for its product Violed UV LED light increased five-fold over March attributable to the rising spread of COVID-19 viral infection. In association with Korea University, the company revealed that the Violed variant could eliminate nearly 99% of the SARS-CoV-2 particles when deployed for 30-seconds from a range of 3 cms. This is anticipated to augment the product demand over the coming years.

Furthermore, the report studies the market in terms of the global market reach and consumer bases in the key geographical regions. It provides a holistic overview of the key market players, emphasizing their market size, market share, sales volume, production and consumption rate, expansion strategies, and overall competitive scenario.

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