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Market Research Report

North America Uv LED Market Forecast 2019-2028

Published by Inkwood Research Product code 951288
Published Content info 129 Pages
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North America Uv LED Market Forecast 2019-2028
Published: July 27, 2020 Content info: 129 Pages
Description

KEY FINDINGS

The North America UV LED market is predicted to register a CAGR of 19.33%, during the forecast period of 2019 to 2028. Key drivers fueling the market growth include high-security activities and advancements in the power and energy industry.

MARKET INSIGHTS

The North America UV LED market growth is evaluated across the United States and Canada. According to the Canadian Center for Occupational Health and Safety (CCOHS), presently, there are no directory occupational exposure limitations for UV radiation. As a result, several jurisdictions in the country follow the recommendations of the American Conference of Governmental Industrial Hygienists (ACGIH). These regulations have opened up numerous opportunities for US-based UV LED manufacturers, to garner substantial revenue within the market. Moreover, Ontario has witnessed critical developments in cleantech innovations, primarily regarding UV water treatment solutions. With enterprises generating innovative water technologies, the Canadian government has established remarkable efforts through the 2018 Environmental Plans, and acknowledging waterways, lakes, and groundwater as the foundation of economic prosperity and welfare.

Canada's industrial segment's primary operations are implemented in the print sector. As manufacturers continue utilizing a diverse range of curing applications, an increasing number of companies are also incorporating UV LEDs. This is attributed to advantages like the potential to generate higher results, lower maintenance costs, minimized scrap, and precision control. Additionally, a longitudinal study revealed that UVC disinfection lights significantly reduce the risk of post-surgery infections, by over 66%. Hence, these factors are projected to drive the region's market growth.

COMPETITIVE INSIGHTS

Honle UV America Inc, Lumileds Holding BV, Phoseon Technology, Nordson Corporation, Nichia Corporation, etc., are among the prominent companies in the market.

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: 32836

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. NORTH AMERICA
    • 7.1.1. THE UNITED STATES
    • 7.1.2. CANADA

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: NORTH AMERICA UV LED MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 3: NORTH AMERICA UV LED MARKET, BY TECHNOLOGY, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 4: NORTH AMERICA UV LED MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 5: NORTH AMERICA UV LED MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 6: NORTH AMERICA UV LED MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 7: NORTH AMERICA UV LED MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (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: NORTH AMERICA UV LED MARKET, BY TECHNOLOGY, IN 2019
  • FIGURE 6: NORTH AMERICA UV LED MARKET, BY UV-A, 2019-2028 (IN $ MILLION)
  • FIGURE 7: NORTH AMERICA UV LED MARKET, BY UV-B, 2019-2028 (IN $ MILLION)
  • FIGURE 8: NORTH AMERICA UV LED MARKET, BY UV-C, 2019-2028 (IN $ MILLION)
  • FIGURE 9: NORTH AMERICA UV LED MARKET, BY APPLICATION, IN 2019
  • FIGURE 10: NORTH AMERICA UV LED MARKET, BY UV CURING, 2019-2028 (IN $ MILLION)
  • FIGURE 11: NORTH AMERICA UV LED MARKET, BY MEDICAL LIGHT THERAPY, 2019-2028 (IN $ MILLION)
  • FIGURE 12: NORTH AMERICA UV LED MARKET, BY STERILIZATION, 2019-2028 (IN $ MILLION)
  • FIGURE 13: NORTH AMERICA UV LED MARKET, BY OPTICAL SENSORS AND INSTRUMENTATION, 2019-2028 (IN $ MILLION)
  • FIGURE 14: NORTH AMERICA UV LED MARKET, BY COUNTERFEIT DETECTION, 2019-2028 (IN $ MILLION)
  • FIGURE 15: NORTH AMERICA UV LED MARKET, BY OTHER APPLICATIONS, 2019-2028 (IN $ MILLION)
  • FIGURE 16: NORTH AMERICA UV LED MARKET, COUNTRY OUTLOOK, 2019 & 2028 (IN %)
  • FIGURE 17: THE UNITED STATES UV LED MARKET, 2020-2028 (IN $ MILLION)
  • FIGURE 18: CANADA UV LED MARKET, 2020-2028 (IN $ MILLION)
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