The deep UV LED market size has grown exponentially in recent years. It will grow from $1.06 billion in 2023 to $1.85 billion in 2024 at a compound annual growth rate (CAGR) of 74.2%. The growth observed in the historical period can be attributed to several factors, including the increasing adoption of biotechnology applications, the proliferation of consumer electronics, rising demand for disinfection solutions, heightened public health awareness, and expanded utilization in healthcare settings.
The deep UV LED market size is expected to see exponential growth in the next few years. It will grow to $17.09 billion in 2028 at a compound annual growth rate (CAGR) of 74.3%. The anticipated growth in the forecast period can be attributed to various factors, including the increasing demand for sterilization in water purification, a rise in the scarcity of clean water, growing demand for semiconductor lithography, heightened investments in research and development, and an increase in the adoption of biotechnology applications. Key trends expected in this period encompass continuous innovations in semiconductor materials, the miniaturization of LED devices, enhancements in LED efficiency and longevity, advancements in semiconductor technology, and the emergence of high-performance thermal management solutions.
The deep UV LED market is poised for growth due to increasing concerns about water scarcity. Water scarcity occurs when available water resources are insufficient to meet the demands of a region's water usage, often resulting from various factors such as physical shortages, over-extraction, pollution, and poor water management. Deep UV LEDs play a crucial role in addressing water scarcity by purifying and disinfecting water, eliminating harmful microorganisms to make it safe for consumption. Their energy efficiency and compact design make them ideal for portable and decentralized water treatment systems. For example, according to a report by the United Nations International Children's Emergency Fund (UNICEF) in January 2021, an estimated four billion people, representing nearly two-thirds of the global population, will face severe water scarcity for at least one month each year by the year 2040, with approximately 25% of children residing in regions experiencing extreme water scarcity.
Leading companies in the deep UV LED market are focused on developing innovative products that leverage technologies such as scanning projection stereolithography (SPSL) to address challenges in the UV range. SPSL, a 3D printing technology, combines scanning and projection methods to selectively cure photosensitive resin layer by layer, enabling faster printing speeds compared to traditional methods. For instance, in October 2022, The Silanna Group Pty. Ltd., a US-based semiconductor company, introduced two new UV-C LEDs, the SF1-3T9B5L1 and the SN3-5T9B5L1, both packaged in TO-can format. The SF1-3T9B5L1 emits far UV-C with a peak wavelength of 235 nm, suitable for applications such as water quality detection and gas sensing. The SN3-5T9B5L1 is a powerful deep UV-C LED with a peak wavelength of 255 nm, effective for water quality detection and gas sensing, as well as medical applications.
In May 2023, Halma plc, a UK-based safety equipment company, acquired Sewertronics Sp. Z o.o. for $44.59 million, enhancing its portfolio with innovative UV LED technology for repairing wastewater pipelines and reducing water usage, energy consumption, and CO2 emissions. Sewertronics Sp. Z o.o., based in Poland, specializes in deep UV LED technology for the curing and repair of wastewater pipelines.
Major companies operating in the deep UV LED market are LG Corporation, Lite-On Technology Corporation, Stanley Electronics, Nikkiso Corporation Limited, SANAN Optoelectronics, Hongli Zhihui Group, Seoul Viosys Corporation, Crystal IS, Epileds Technologies, HexaTech Incorporated, Sensor Electronic Technology, Inc. (SETi), RayVio Corporation, Photon Wave Corporation, Nitride Semiconductors Corporation Limited, Bytech Electronics Co. Ltd., High Power Lighting Corporation, Qingdao Jason Electric Corporation Ltd., DOWA ELECTRONICS MATERIALS Corporation Limited, Roithner Lasertechnik GmbH, Nichia Corporation.
Asia-Pacific was the largest region in the deep UV LED market in 2023. The regions covered in the deep UV LED market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the deep UV LED market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Deep ultraviolet light-emitting diodes (UV LEDs) are semiconductor devices that emit ultraviolet light in the deep UV spectrum, typically ranging from 200 to 280 nanometers. They find applications in sterilization and medical diagnostics due to their effective eradication of microorganisms. These LEDs present a compact, energy-efficient alternative to conventional mercury-based UV light sources.
The primary types of deep UV LED include P-type gallium nitride (PGaN), aluminum gallium nitride (AlGaN), and others. Aluminum gallium nitride (AlGaN) serves as a semiconductor material utilized in deep ultraviolet light-emitting diodes (DUV LEDs). Distribution channels encompass both direct and indirect methods, catering to various applications such as sterilization, purification, water treatment, light sources, and more.
The deep UV LED market research report is one of a series of new reports that provides deep UV LED market statistics, including the deep UV LED industry global market size, regional shares, competitors with the deep UV LED market share, detailed deep UV LED market segments, market trends, and opportunities, and any further data you may need to thrive in the deep UV LED industry. These deep UV LED market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The deep UV LED market consists of sales of UV-B LEDs, UV-C LEDs, and single-chip high-power UV-C LEDs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The deep UV LED market size is expected to see exponential growth in the next few years. It will grow to $17.09 billion in 2028 at a compound annual growth rate (CAGR) of 74.3%. The anticipated growth in the forecast period can be attributed to various factors, including the increasing demand for sterilization in water purification, a rise in the scarcity of clean water, growing demand for semiconductor lithography, heightened investments in research and development, and an increase in the adoption of biotechnology applications. Key trends expected in this period encompass continuous innovations in semiconductor materials, the miniaturization of LED devices, enhancements in LED efficiency and longevity, advancements in semiconductor technology, and the emergence of high-performance thermal management solutions.
The deep UV LED market is poised for growth due to increasing concerns about water scarcity. Water scarcity occurs when available water resources are insufficient to meet the demands of a region's water usage, often resulting from various factors such as physical shortages, over-extraction, pollution, and poor water management. Deep UV LEDs play a crucial role in addressing water scarcity by purifying and disinfecting water, eliminating harmful microorganisms to make it safe for consumption. Their energy efficiency and compact design make them ideal for portable and decentralized water treatment systems. For example, according to a report by the United Nations International Children's Emergency Fund (UNICEF) in January 2021, an estimated four billion people, representing nearly two-thirds of the global population, will face severe water scarcity for at least one month each year by the year 2040, with approximately 25% of children residing in regions experiencing extreme water scarcity.
Leading companies in the deep UV LED market are focused on developing innovative products that leverage technologies such as scanning projection stereolithography (SPSL) to address challenges in the UV range. SPSL, a 3D printing technology, combines scanning and projection methods to selectively cure photosensitive resin layer by layer, enabling faster printing speeds compared to traditional methods. For instance, in October 2022, The Silanna Group Pty. Ltd., a US-based semiconductor company, introduced two new UV-C LEDs, the SF1-3T9B5L1 and the SN3-5T9B5L1, both packaged in TO-can format. The SF1-3T9B5L1 emits far UV-C with a peak wavelength of 235 nm, suitable for applications such as water quality detection and gas sensing. The SN3-5T9B5L1 is a powerful deep UV-C LED with a peak wavelength of 255 nm, effective for water quality detection and gas sensing, as well as medical applications.
In May 2023, Halma plc, a UK-based safety equipment company, acquired Sewertronics Sp. Z o.o. for $44.59 million, enhancing its portfolio with innovative UV LED technology for repairing wastewater pipelines and reducing water usage, energy consumption, and CO2 emissions. Sewertronics Sp. Z o.o., based in Poland, specializes in deep UV LED technology for the curing and repair of wastewater pipelines.
Major companies operating in the deep UV LED market are LG Corporation, Lite-On Technology Corporation, Stanley Electronics, Nikkiso Corporation Limited, SANAN Optoelectronics, Hongli Zhihui Group, Seoul Viosys Corporation, Crystal IS, Epileds Technologies, HexaTech Incorporated, Sensor Electronic Technology, Inc. (SETi), RayVio Corporation, Photon Wave Corporation, Nitride Semiconductors Corporation Limited, Bytech Electronics Co. Ltd., High Power Lighting Corporation, Qingdao Jason Electric Corporation Ltd., DOWA ELECTRONICS MATERIALS Corporation Limited, Roithner Lasertechnik GmbH, Nichia Corporation.
Asia-Pacific was the largest region in the deep UV LED market in 2023. The regions covered in the deep UV LED market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the deep UV LED market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Deep ultraviolet light-emitting diodes (UV LEDs) are semiconductor devices that emit ultraviolet light in the deep UV spectrum, typically ranging from 200 to 280 nanometers. They find applications in sterilization and medical diagnostics due to their effective eradication of microorganisms. These LEDs present a compact, energy-efficient alternative to conventional mercury-based UV light sources.
The primary types of deep UV LED include P-type gallium nitride (PGaN), aluminum gallium nitride (AlGaN), and others. Aluminum gallium nitride (AlGaN) serves as a semiconductor material utilized in deep ultraviolet light-emitting diodes (DUV LEDs). Distribution channels encompass both direct and indirect methods, catering to various applications such as sterilization, purification, water treatment, light sources, and more.
The deep UV LED market research report is one of a series of new reports that provides deep UV LED market statistics, including the deep UV LED industry global market size, regional shares, competitors with the deep UV LED market share, detailed deep UV LED market segments, market trends, and opportunities, and any further data you may need to thrive in the deep UV LED industry. These deep UV LED market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The deep UV LED market consists of sales of UV-B LEDs, UV-C LEDs, and single-chip high-power UV-C LEDs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Deep UV LED Market Characteristics3. Deep UV LED Market Trends and Strategies32. Global Deep UV LED Market Competitive Benchmarking33. Global Deep UV LED Market Competitive Dashboard34. Key Mergers and Acquisitions in the Deep UV LED Market
4. Deep UV LED Market - Macro Economic Scenario
5. Global Deep UV LED Market Size and Growth
6. Deep UV LED Market Segmentation
7. Deep UV LED Market Regional and Country Analysis
8. Asia-Pacific Deep UV LED Market
9. China Deep UV LED Market
10. India Deep UV LED Market
11. Japan Deep UV LED Market
12. Australia Deep UV LED Market
13. Indonesia Deep UV LED Market
14. South Korea Deep UV LED Market
15. Western Europe Deep UV LED Market
16. UK Deep UV LED Market
17. Germany Deep UV LED Market
18. France Deep UV LED Market
19. Italy Deep UV LED Market
20. Spain Deep UV LED Market
21. Eastern Europe Deep UV LED Market
22. Russia Deep UV LED Market
23. North America Deep UV LED Market
24. USA Deep UV LED Market
25. Canada Deep UV LED Market
26. South America Deep UV LED Market
27. Brazil Deep UV LED Market
28. Middle East Deep UV LED Market
29. Africa Deep UV LED Market
30. Deep UV LED Market Competitive Landscape and Company Profiles
31. Deep UV LED Market Other Major and Innovative Companies
35. Deep UV LED Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Deep UV LED Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on deep UV LED market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for deep UV LED? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The deep UV LED market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: P-type Gallium Nitride (PGaN); Aluminum Gallium Nitride (AlGaN); Other Types2) By Distribution Channel: Direct; Indirect
3) By Applications: Sterilization; Purification; Water Treatment; Light Source; Other Applications
Key Companies Mentioned: LG Corporation; Lite-On Technology Corporation; Stanley Electronics; Nikkiso Corporation Limited; SANAN Optoelectronics
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- LG Corporation
- Lite-On Technology Corporation
- Stanley Electronics
- Nikkiso Corporation Limited
- SANAN Optoelectronics
- Hongli Zhihui Group
- Seoul Viosys Corporation
- Crystal IS
- Epileds Technologies
- HexaTech Incorporated
- Sensor Electronic Technology, Inc. (SETi)
- RayVio Corporation
- Photon Wave Corporation
- Nitride Semiconductors Corporation Limited
- Bytech Electronics Co. Ltd.
- High Power Lighting Corporation
- Qingdao Jason Electric Corporation Ltd.
- DOWA ELECTRONICS MATERIALS Corporation Limited
- Roithner Lasertechnik GmbH
- Nichia Corporation
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.85 Billion |
Forecasted Market Value ( USD | $ 17.09 Billion |
Compound Annual Growth Rate | 74.3% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |