The global Ultraviolet LED Market is projected to reach USD 1.26 billion by 2027, according to a recent report by Emergen Research. The market growth is primarily driven by the reduced costs of ultraviolet (UV) equipped LEDs, along with increased ability, efficiency, and increased time period of the UV light LEDs in comparison with the normal LEDs. The worldwide ban on mercury vapor lamps post 2020, attributing to the health hazards of mercury, has additionally accelerated the expansion of the market.

The Global Ultraviolet LED Market report is dubbed as the first study encompassing the current situation of the Ultraviolet LED market that is gravely impacted by the COVID-19 outbreak. The global health emergency has drastically affected the global economy, causing significant repercussions on this particular business sphere.

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Top competitors of the Ultraviolet LED Market profiled in the report include:

Lumileds Holding BV, LG Innotek Co. Ltd, Honle UV America Inc., Nordson Corporation, Seoul Viosys Co. Ltd, Semileds Corporation, Aquionics Inc., Crystal IS Inc., Heraeus Holding GmbH and Fuji Xerox Co. Ltd.

Some Key Highlights from the Report

The trade players play an ideal role in finding the massive potential because of the fact that they're extremely financed and more keen on getting into this sector. Few studies counsel that the employment of UV-based water medical care is extremely economical than atomic number 17 technique, because the UV-based water medical care operates has around 122 MW irradiation capability and a wavelength of 270 nm, that takes just about 2 minutes in reducing waste roughly by 90-99%.

Further, increasing issues over water-borne diseases have increased people's awareness of intensely treated water. The growing awareness of the advantages of treated water consumption has UV powered LED lights market that caters to the present section, i.e., UV C LEDs

In May 2020, Seoul Viosys claimed that client inquiries for its variant named Violed UV LED light which might be used for sterilizing microorganism, increased over 5 times over March, fuelled by issues pertaining to the continued international unfolding of the virus inflicting COVID-19. Together with Korea University, the corporate showcased that its Violed variant might be able to eliminate around 99% of the SARS-COV-2 virus when employed for a 30-second dose from a distance of 3 centimeters, which is likely to boost its demand.

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Ultraviolet LED Market Segmentation:-

Emergen Research has segmented into the global Ultraviolet LED Market on the basis of technology, applications, end user and region:

Technology Outlook (Revenue, USD Billion; 2017-2027)

UV – A

UV – B

UV – C

Applications Outlook (Revenue, USD Billion; 2017-2027)

Optical Sensors and Instrumentation

Counterfeit Detection

UV Sterilization

Medical Light Therapy

UV Curing

End User Outlook (Revenue, USD Billion; 2017-2027)

Industrial

Residential

Regional Analysis of the Ultraviolet LED Market:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the report provides a qualitative and quantitative analysis of the Global Ultraviolet LED market, including the global and regional analysis of the market. The study covers critical information and factual data about the Ultraviolet LED market industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Ultraviolet LED market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Ultraviolet LED market industry.

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