LEDinside: Highly Profitable UV LED Market Value Reaches US $122M in 2014

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The global Ultraviolet (UV) market value in 2014 is estimated to reach US $815 million, in which the UV LED market has about a 15% market share or equivalent to $122 million market value, according to the latest report “2015 LED Demand and Supply Market Outlook” published by LEDinside, a research division of TrendForce.

“UV LED single unit prices are usually ten times higher than average LEDs, which is why many LED manufacturers have entered the market, even though it remains a relatively niche sector,” said Joanne Wu, an assistant research manager at LEDinside. Major players in the UV LED sector include Japanese manufactures Nichia and DOWA, Korean manufacturers Seoul Semiconductor and LG Innotek, Taiwanese manufacturers Epistar, Epileds, and  HPLighting. Other European and U.S. manufacturers include HexaTech and Crystal IS. All the manufacturers listed above have been strong performers in the UV LED market.

UV rays have always existed in nature, and is an invisible light source. There are two types of UV light sources including traditional mercury lamps and UV LED. “Compared to traditional mercury lamps, UV LEDs are mercury free, and have the advantages of being environmental friendly, possessing long lifetimes, energy efficient, and having minimum heat loss,” said Wu. UV LED markets hold great potential, due to technology advancements.

UV LED product specs can be categorized into three different wavelengths UV-A (long UV wavelength of 320-400 nanometers (nm)), UV-B (mid-UV wavelengths of 280-320 nm) and UV-C (short UV wavelengths below 280 nm). Out of these UV-A had the greatest and highest market share of 90%. Currently, UV-A market’s largest application sector has been UV curing, which takes up more than 50% market applications, which covers Ink curing, resin curing, and the emerging 3D printing sector. Additionally, UV-A has been introduced in commercial lighting to make white clothing appear brighter. Globally, Printed Circuit Boards (PCBs) UV exposure system still use conventional mercury lights. However, under energy efficiency and technology advancement considerations, UV LED is gradually entering the replacement market, and holds huge future potential.

Due to UV LED products high technology entry level, including the product’s UV wavelength, intensity and thermal dissipation system. Additionally, if UV LED manufacturers must be capable of customizing products and simulating optical design to meet system client needs, to create a highly profitable blue sea market.

 
Gold Member: 2015 LED Demand and Supply Market

2015 LED Demand Market- Outline

• Backlight Market Trend
  
• Lighting Market Trend
  
• Automotive Lighting Market Trend
  
• Display Market Trend
  
• UV Market Trend
  

2015 LED Supply Market- Outline

• Global MOCVD Installation Volume Analysis
  
• Chip House Wafer Capacity and Utilization Rates Analysis
  
• LED industry supply and demand level varies during 1H14 and 2H14
  

Backlight Market Trend- Outline

• Mobile Market Application
• Medium to Large Sized Backlight Market
• Backlight LED Quarterly Market Value And Volume By Applications

Lighting Market Trend- Outline

• LED Lighting Still at High Growth Phase in 2014-2018
• Standard & Mid Power LEDs Become Mainstream in Lighting Market
• 2835 and 3030 LEDs Most Price Competitive in Standard- and Mid-Power LED Market
• 2835 LED, 5630 LED, 3030 LED, COB (Price Analysis / BOM Cost Analysis)
• Different LED Luminaires Corresponding LED Components
  

Automotive Lighting Market Trend- Outline

• Automotive Lighting Market Segment
  • Automotive Parts Supply Chain
  • Genuine Parts and Aftermarket Parts Market Focus
• Interior Automotive lighting- (Cluster, CID)
  • Buttons With Different Functions Are Being Integrated Into the LCD Panel To Match the Vehicle’s Interior Decoration
  •  CID Product Simpler Design Trends
  • LCD Panels Are Starting to Be Introduced into Automobile Clusters
• Interior Automotive Lighting Market Size And Trends.
  • LED Market Value in OE Market: DRL and H/L Beam Reports Soaring Growth
  • LED Market Value in Aftermarket: DRL and Panel Have Shown the Best Performance
  • Automotive Media Demands Have Made Panel a Highlight in Interior Automotive Lighting

Display Market Trend- Outline

• Chinese Enterprises Have Great Advantages in Display Industry, Increasing Domestic Production Yearly
• 2014 Global Display Market Share- Finished Product
• Small Pitch Display Has Great Advantages, With Various Potential Application Fields
• Supply Chain of Small Pitch Display
• Small Pitch LED Display Spurs a New Market Demand
• M&A is the Main Way of Display Manufacturer‘s Revolution and Expansion

UV Market Trend- Outline

• What is UV?
• Five Major UV Applications
• UV Market Applications
• Why is UV LED Getting Popular?
• UV Market Scale and Analysis
• UV-A Package Types and Market Applications
• UV-A Product Specification and Application Requirement
• UV-A Player List
• UV-A Player Progress

LEDinside Gold Member
Release: February, May, August, and November
Language: Chinese / English
File Format: Excel (1Q / 3Q), and PDF (2Q / 4Q)

If you would like to know more details , please contact:
Joanne Wu    +886-2-7702-6888 ext. 972  joannewu@trendforce.com