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Market Research Report

Asia Pacific Uv LED Market Forecast 2019-2028

Published by Inkwood Research Product code 951286
Published Content info 122 Pages
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Asia Pacific Uv LED Market Forecast 2019-2028
Published: July 27, 2020 Content info: 122 Pages
Description

KEY FINDINGS

The Asia Pacific UV LED market is anticipated to record a CAGR of 21.79%, during the forecast period of 2019 to 2028. The market growth is primarily attributed to governmental regulations, increased production activity, and rising industrialization in countries like China, India, and South Korea.

MARKET INSIGHTS

The Asia Pacific UV LED market growth assessment is analyzed across Japan, India, South Korea, China, Vietnam, Thailand, Indonesia, Australia & New Zealand, and the rest of the Asia Pacific. India's UV LED industry is driven by advantageous regulations and programs by governing bodies. In 2009, the government declared plans to substitute 200,000 fluorescent tube lights with LEDs. Numerous subsidy schemes are also being announced, to minimize the dependency on imports in India. Moreover, the country's government contributes more than 51% of the total LED orders, thereby propelling market growth.

In South Korea, UV LEDs are used in medical equipment for phototherapy, DNA analysis, drug discovery, and vitamin analysis. The South Korean government is actively investing in the pharmaceutical division to help drug development as well as innovations within healthcare avenues. Additionally, concerning drug advancements, government agencies have established the 'National New Drug Development Research Project,' anticipated to invest nearly $2.9 billion, across a decade from 2021. This project is recognized as a government-funded initiative to provide financial assistance, supporting drug developmental researches. As a result, the application of UV LED in drug discovery, is anticipated to provide numerous market opportunities, in the region.

COMPETITIVE INSIGHTS

Some of the distinguished companies in the market include Crystal IS Inc (Asahi Kasei), Nichia Corporation, Epigap Ontronic GmbH, Semileds Corporation, LG Innotek Co Ltd, etc.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Table of Contents
Product Code: 32844

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

  • 1.1. STUDY OBJECTIVES
  • 1.2. SCOPE OF STUDY
  • 1.3. METHODOLOGY
  • 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

  • 2.1. MARKET SIZE & ESTIMATES
  • 2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

  • 3.1. PARENT MARKET ANALYSIS
  • 3.2. MARKET DEFINITION
  • 3.3. KEY DRIVERS
    • 3.3.1. INCREASE IN INITIATIVES BY GOVERNMENT
    • 3.3.2. SURGING USAGE OF UV CURING IN NEW APPLICATIONS
    • 3.3.3. BAN ON MERCURY LAMPS PROPELLED THE NEED OF UV LEDs
    • 3.3.4. GROWING USAGE OF SAFE AND ECO-FRIENDLY PRODUCTS
  • 3.4. KEY RESTRAINTS
    • 3.4.1. HIGH COST OF UV LED DEVICES
    • 3.4.2. EXCESS THERMAL HEAT GENERATED BY THE UV LEDs

4. KEY ANALYTICS

  • 4.1. PORTER'S FIVE FORCE ANALYSIS
    • 4.1.1. THREAT OF NEW ENTRY
    • 4.1.2. THREAT OF SUBSTITUTION
    • 4.1.3. BUYER'S POWER
    • 4.1.4. SUPPLIER'S POWER
    • 4.1.5. COMPETITIVE RIVALRY
  • 4.2. SUPPLY CHAIN ANALYSIS
  • 4.3. IMPACT OF COVID-19 ON UV-LED MARKET
  • 4.4. INNOVATIONS IN UV-LED PRODUCTS DUE TO COVID-19
  • 4.5. REGULATORY FRAMEWORK
  • 4.6. OPPORTUNITY MATRIX
  • 4.7. VENDOR LANDSCAPE
  • 4.8. KEY INVESTMENT INSIGHT

5. MARKET BY TECHNOLOGY

  • 5.1. UV-A
  • 5.2. UV-B
  • 5.3. UV-C

6. MARKET BY APPLICATION

  • 6.1. UV CURING
  • 6.2. MEDICAL LIGHT THERAPY
  • 6.3. STERILIZATION
  • 6.4. OPTICAL SENSORS AND INSTRUMENTATION
  • 6.5. COUNTERFEIT DETECTION
  • 6.6. OTHER APPLICATIONS

7. GEOGRAPHICAL ANALYSIS

  • 7.1. ASIA PACIFIC
    • 7.1.1. JAPAN
    • 7.1.2. CHINA
    • 7.1.3. INDIA
    • 7.1.4. AUSTRALIA & NEW ZEALAND
    • 7.1.5. SOUTH KOREA
    • 7.1.6. THAILAND
    • 7.1.7. INDONESIA
    • 7.1.8. VIETNAM
    • 7.1.9. REST OF ASIA PACIFIC

8. COMPANY PROFILES

  • 8.1. CRYSTAL IS INC (ASAHI KASEI)
  • 8.2. EPIGAP OPTRONIC GMBH
  • 8.3. HERAEUS HOLDING GMBH
  • 8.4. HONLE UV AMERICA INC
  • 8.5. KONINKLIJKE PHILIPS NV
  • 8.6. LG INNOTEK CO LTD
  • 8.7. LUMILEDS HOLDING BV
  • 8.8. NICHIA CORPORATION
  • 8.9. NITRIDE SEMICONDUCTORS CO LTD
  • 8.10. NORDSON CORPORATION
  • 8.11. OSRAM
  • 8.12. PHOSEON TECHNOLOGY
  • 8.13. SEMILEDS CORPORATION
  • 8.14. SENSOR ELECTRONIC TECHNOLOGY
  • 8.15. SEOULVIOSYS CO LTD

LIST OF TABLES

  • TABLE 1: MARKET SNAPSHOT - UV LED
  • TABLE 2: ASIA PACIFIC UV LED MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 3: ASIA PACIFIC UV LED MARKET, BY TECHNOLOGY, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 4: ASIA PACIFIC UV LED MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 5: ASIA PACIFIC UV LED MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 6: ASIA PACIFIC UV LED MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 7: ASIA PACIFIC 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: ASIA PACIFIC UV LED MARKET, BY TECHNOLOGY, IN 2019
  • FIGURE 6: ASIA PACIFIC UV LED MARKET, BY UV-A, 2019-2028 (IN $ MILLION)
  • FIGURE 7: ASIA PACIFIC UV LED MARKET, BY UV-B, 2019-2028 (IN $ MILLION)
  • FIGURE 8: ASIA PACIFIC UV LED MARKET, BY UV-C, 2019-2028 (IN $ MILLION)
  • FIGURE 9: ASIA PACIFIC UV LED MARKET, BY APPLICATION, IN 2019
  • FIGURE 10: ASIA PACIFIC UV LED MARKET, BY UV CURING, 2019-2028 (IN $ MILLION)
  • FIGURE 11: ASIA PACIFIC UV LED MARKET, BY MEDICAL LIGHT THERAPY, 2019-2028 (IN $ MILLION)
  • FIGURE 12: ASIA PACIFIC UV LED MARKET, BY STERILIZATION, 2019-2028 (IN $ MILLION)
  • FIGURE 13: ASIA PACIFIC UV LED MARKET, BY OPTICAL SENSORS AND INSTRUMENTATION, 2019-2028 (IN $ MILLION)
  • FIGURE 14: ASIA PACIFIC UV LED MARKET, BY COUNTERFEIT DETECTION, 2019-2028 (IN $ MILLION)
  • FIGURE 15: ASIA PACIFIC UV LED MARKET, BY OTHER APPLICATIONS, 2019-2028 (IN $ MILLION)
  • FIGURE 16: ASIA PACIFIC UV LED MARKET, COUNTRY OUTLOOK, 2019 & 2028 (IN %)
  • FIGURE 17: JAPAN UV LED MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 18: CHINA UV LED MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 19: INDIA UV LED MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 20: AUSTRALIA & NEW ZEALAND UV LED MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 21: SOUTH KOREA UV LED MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 22: THAILAND UV LED MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 23: INDONESIA UV LED MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 24: VIETNAM UV LED MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 25: REST OF ASIA PACIFIC UV LED MARKET, 2019-2028 (IN $ MILLION)
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