EUROPE UV LED MARKET FORECAST 2019-2028

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EUROPE UV LED MARKET FORECAST 2019-2028

The Europe UV LED market is expected to register a CAGR of 19.71%, across the forecast years of 2019 to 2028. The growing need for smart and developed technologies in print curing, as well as an increase in low photoinitiator components, are attributed to driving the market growth in the region. The Europe UV LED market growth is determined through the analysis of the United Kingdom, Russia, France, Italy, Poland, Germany, Belgium, and the rest of Europe.

EUROPE UV LED MARKET FORECAST 2019-2028

Europe Uv Led Market by Technology (Uv – A, Uv – B, Uv – C) by Application (Uv Curing, Medical Light Therapy, Sterilization, Optical Sensors and Instrumentation, Counterfeit Detection, Other Applications) and by Geography.

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The Europe UV LED market is expected to register a CAGR of 19.71%, across the forecast years of 2019 to 2028. The growing need for smart and developed technologies in print curing, as well as an increase in low photoinitiator components, are attributed to driving the market growth in the region.
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The Europe UV LED market growth is determined through the analysis of the United Kingdom, Russia, France, Italy, Poland, Germany, Belgium, and the rest of Europe. Industrial sectors that significantly raise the demand for UV LEDs in the United Kingdom include, healthcare, printing, consumer products, and horticulture. Besides, the need for consumer products predominantly originated from purification devices and water disinfection.

UV LEDs can be produced with a durable output, functioning at an ideal wavelength for application. Moreover, according to the Control of Substances Hazardous to Health Regulations (COSHH) law, industries must adequately control material exposure in the workplace, which could otherwise result in adverse health effects. As a result, these properties have enabled the product to gain traction within the domestic market, against existing UV light technologies. Since LEDs are mercury-free, in addition to being long-lasting without any warm-up time, they are acknowledged as the ideal choice for diverse processing solutions.

Heraeus Holding GmbH, headquartered in Germany, is a leading international family-owned portfolio firm. Presently, the company includes businesses in sectors such as, electronics, health, environment, and industrial application. In May 2020, Heraeus Noblelight entered a strategic partnership with Heidelberger Druckmaschinen for UV LED curing solutions, utilized in sheetfed offset printing machinery

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • PARENT MARKET ANALYSIS
    • MARKET DEFINITION
    •    KEY DRIVERS
      • INCREASE IN INITIATIVES BY GOVERNMENT
      • SURGING USAGE OF UV CURING IN NEW APPLICATIONS
      • BAN ON MERCURY LAMPS PROPELLED THE NEED OF UV LEDs
      • GROWING USAGE OF SAFE AND ECO-FRIENDLY PRODUCTS
    •    KEY RESTRAINTS
      • HIGH COST OF UV LED DEVICES
      • EXCESS THERMAL HEAT GENERATED BY THE UV LEDs
  1. KEY ANALYTICS
    •    PORTER’S FIVE FORCE ANALYSIS
      • THREAT OF NEW ENTRY
      • THREAT OF SUBSTITUTION
      • BUYER’S POWER
      • SUPPLIER’S POWER
      • COMPETITIVE RIVALRY
    • SUPPLY CHAIN ANALYSIS
    • IMPACT OF COVID-19 ON UV-LED MARKET
    • INNOVATIONS IN UV-LED PRODUCTS DUE TO COVID-19
    • REGULATORY FRAMEWORK
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • KEY INVESTMENT INSIGHT
  2. MARKET BY TECHNOLOGY
    • UV-A
    • UV-B
    • UV-C
  3. MARKET BY APPLICATION
    • UV CURING
    • MEDICAL LIGHT THERAPY
    • STERILIZATION
    • OPTICAL SENSORS AND INSTRUMENTATION
    • COUNTERFEIT DETECTION
    • OTHER APPLICATIONS
  4. GEOGRAPHICAL ANALYSIS
    •    EUROPE
      • GERMANY
      • FRANCE
      • THE UNITED KINGDOM
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
  1. COMPANY PROFILES
    • CRYSTAL IS INC (ASAHI KASEI)
    • EPIGAP OPTRONIC GMBH
    • HERAEUS HOLDING GMBH
    • HONLE UV AMERICA INC
    • KONINKLIJKE PHILIPS NV
    • LG INNOTEK CO LTD
    • LUMILEDS HOLDING BV
    • NICHIA CORPORATION
    • NITRIDE SEMICONDUCTORS CO LTD
    • NORDSON CORPORATION
    • OSRAM
    • PHOSEON TECHNOLOGY
    • SEMILEDS CORPORATION
    • SENSOR ELECTRONIC TECHNOLOGY
    • SEOULVIOSYS CO LTD

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – UV LED

TABLE 2:  EUROPE UV LED MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 3: EUROPE UV LED MARKET, BY TECHNOLOGY, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 4: EUROPE UV LED MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 5: EUROPE UV LED MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 6: EUROPE UV LED MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: EUROPE UV LED MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: PORTER’S FIVE FORCE ANALYSIS

FIGURE 2: SUPPLY CHAIN ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: EUROPE UV LED MARKET, BY TECHNOLOGY, IN 2019

FIGURE 6: EUROPE UV LED MARKET, BY UV-A, 2019-2028 (IN $ MILLION)

FIGURE 7: EUROPE UV LED MARKET, BY UV-B, 2019-2028 (IN $ MILLION)

FIGURE 8: EUROPE UV LED MARKET, BY UV-C, 2019-2028 (IN $ MILLION)

FIGURE 9: EUROPE UV LED MARKET, BY APPLICATION, IN 2019

FIGURE 10: EUROPE UV LED MARKET, BY UV CURING, 2019-2028 (IN $ MILLION)

FIGURE 11: EUROPE UV LED MARKET, BY MEDICAL LIGHT THERAPY, 2019-2028 (IN $ MILLION)

FIGURE 12: EUROPE UV LED MARKET, BY STERILIZATION, 2019-2028 (IN $ MILLION)

FIGURE 13: EUROPE UV LED MARKET, BY OPTICAL SENSORS AND INSTRUMENTATION, 2019-2028 (IN $ MILLION)

FIGURE 14: EUROPE UV LED MARKET, BY COUNTERFEIT DETECTION, 2019-2028 (IN $ MILLION)

FIGURE 15: EUROPE UV LED MARKET, BY OTHER APPLICATIONS, 2019-2028 (IN $ MILLION)

FIGURE 16: EUROPE UV LED MARKET, COUNTRY OUTLOOK, 2019 & 2028 (IN %)

FIGURE 17: GERMANY UV LED MARKET, 2019-2028 (IN $ MILLION)

FIGURE 18: FRANCE UV LED MARKET, 2019-2028 (IN $ MILLION)

FIGURE 19: THE UNITED KINGDOM UV LED MARKET, 2019-2028 (IN $ MILLION)

FIGURE 20: ITALY UV LED MARKET, 2019-2028 (IN $ MILLION)

FIGURE 21: RUSSIA UV LED MARKET, 2019-2028 (IN $ MILLION)

FIGURE 22: BELGIUM UV LED MARKET, 2019-2028 (IN $ MILLION)

FIGURE 23: POLAND UV LED MARKET, 2019-2028 (IN $ MILLION)

FIGURE 24: REST OF EUROPE UV LED MARKET, 2019-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    EUROPE
      • GERMANY
      • FRANCE
      • THE UNITED KINGDOM
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
  1. MARKET BY TECHNOLOGY
    • UV-A
    • UV-B
    • UV-C
  2. MARKET BY APPLICATION
    • UV CURING
    • MEDICAL LIGHT THERAPY
    • STERILIZATION
    • OPTICAL SENSORS AND INSTRUMENTATION
    • COUNTERFEIT DETECTION
    • OTHER APPLICATIONS

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