UV LED Market Report with Future Prospects, Growth Outlook and Forecast by 2027
According to data from a GMI Inc. report, the UV LED market size from the disinfection & sterilization segment surpassed $150 million in 2021. Ultraviolet light emitting diodes (UV LEDs) are gaining attention due to their widespread usage as sterilization technologies, among other applications. The development of disinfection systems with the use of UV-C light emitting diode has surged rapidly in recent years, mainly due to the COVID-19 outbreak.
As part of a commitment to ensure a high level of safety during the pandemic, Targus, for example, announced plans to introduce a UV-C disinfection solution for desktops in January 2022.This certified AC-powered UV-C LED light was designed to run for five minutes every one hour, to break down microorganisms, including the virus that causes the COVID-19 disease.
Strategies such as product launches for commercial and household uses have accelerated UV LED market growth.
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Over the years, manufacturing companies are continuing to introduce novel solutions for specific purposes, including UV curing.
Enlisted below are such three prominent product launches stimulating UV LED market expansion:
Hoya’s launch of the NX series UV LED curing system
Optical product manufacturers have been working with ink suppliers, press manufacturers, and customers to design breakthrough systems that can act as a catalyst for the widespread adoption of UV light emitting diode ink drying in the flexo market.
For instance, in February 2022, Hoya unveiled the NX series, its air-cooled UV LED market curing system for use in flexo printing. This series featured an intuitive control panel with diagnostic tools and easy-to-use symbols, space-saving design, electrical cost reductions, and heavy metals elimination, which could bring additional advantages to retrofit installations. This introduction of cost-effective and efficient curing systems may contribute to the ultraviolet light-emitting diode (UV LED) market growth over the foreseeable future.
Nichia’s mass production of high radiant flux UV-C LED
Chemical companies are emphasizing the development of deep-ultraviolet LEDs with improved reliability and performance. They are also targeting to achieve a mercury- and carbon-free society through energy conservation.
In line with these strategies, in December 2021, Nichia began mass production of high radiant flux UV-C LED, designed to help sterilize and inactivate multiple bacteria and viruses, specifically in industrial air and water applications. The instantaneous on/off operational ability of these LEDs can reduce standby power as compared to that of conventional mercury lamps, which take time to reach full power. These notable product features will contribute to its rising popularity and in turn, generate lucrative opportunities for the UV LED market development.
Intertronics’ new range of DymaxBlueWave FX-1250 LED UV Curing Flood Lamp
LED UV curing systems are known to offer energy- and cost-saving benefits, in addition to a consistent frequency as well as intensity output for enhanced process control. To leverage maximum benefits and increase the availability of these systems, multiple consumables and equipment manufacturers are launching a new range of LED UV curing lamps.
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For instance, in April 2022, Intertronics unveiled a new range of LED UV Curing Flood Lamp, DymaxBlueWave FX-1250. The lamp was designed to cure LED UV curable coatings, adhesives, and inks with high uniformity, irradiance UV light. It was also built to offer more uniformity across the whole area, without hotspots or loss of intensity at the edges, to allow the complete curing of materials as well as a consistent production process, thereby augmenting UV LED market dynamics.
The COVID-19 pandemic has renewed interest in UV sterilization and disinfection technology. To expand product reach for a variety of applications including curing systems, industry players are also rapidly introducing new ranges of UV lights, thereby creating lucrative opportunities for ultraviolet light-emitting diode (UV LED) industry growth.
Table of Contents (ToC) of the report:
Chapter 1 Methodology and Scope
1.1 Scope & definition
1.2 Methodology and forecast parameters
1.2.1 Industry insights and validation
1.2.2 Region-wise COVID-19 impact analysis
1.2.2.1 North America
1.2.2.2 Europe
1.2.2.3 Asia Pacific
1.2.2.4 Latin America
1.2.2.5 Middle East & Africa
1.3 Data Sources
1.3.1 Primary
1.3.2 Secondary
Chapter 2 Executive Summary
2.1 UV LED market 3600 synopsis, 2016 - 2027
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Type trends
2.1.4 Application trends
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