The UV-LED Market is to Touch $2.51 Billion by 2030; driven by advancements in LED technology, increasing applications across various sectors, and the growing emphasis on energy-efficient and environmentally friendly solutions.

The UV-LED Market size is estimated to reach $2.51 billion by 2030, growing at a CAGR of 20.3% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “UV-LED Market – By Type – Ultraviolet A (UV-A), Ultraviolet B (UV-B) and Ultraviolet C (UV-C), By Wavelength Range – 430nm-315 nm (UV-A), 315nm-280 nm (UV-B) and 280nm-100 nm (UV-C), By Material – Indium gallium nitride (InGaN), Aluminium gallium indium phosphide (AlGaInP), Aluminium gallium arsenide (AlGaAs), Gallium phosphide (GaP), Silicon Carbide (SiC), Gallium Nitride (GaN) and Others), By Applications – UV Curing, Adhesive Coating, Lacquer Coating, Sterilization, Forensic Application, In-Line Coating, Counterfeit Detection, Sensing and Others), By End-Use Industries – Healthcare, Research, Industrial, Residential, BFSI, Security and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Technological advancements in UV-LED technology and the growing integration across residential, commercial, and industrial sectors are the primary drivers of market expansion for the UV-LED industry during the forecast period. Increased emphasis on energy efficiency, environmental sustainability, and innovative applications in disinfection and curing processes are also fueling this growth.

In 2023, Asia-Pacific held the largest share of 34.6% in the UV-LED market, surpassing North America and Europe. This dominance is driven by the region’s rapid technological advancements, robust industrial growth, and substantial investments in UV-LED applications across various sectors. The expanding middle class and increasing demand for energy-efficient and sustainable solutions further contribute to the growth of UV-LED adoption in residential, commercial, and industrial settings. Additionally, the region's focus on modernizing infrastructure and addressing environmental concerns has bolstered the uptake of UV-LED technologies, reinforcing its leading position in the global market.

The UV-LED market is experiencing rapid technological advancements, enhancing both product performance and manufacturing efficiency. Innovations such as improved LED chip designs, enhanced power efficiency, and advanced cooling techniques are driving these advancements. These developments result in more durable, efficient, and higher-performance UV-LED products. Manufacturers integrating these cutting-edge technologies into their UV-LED solutions are better positioned to meet the growing demands for high-intensity and long-lasting UV-LED applications across various sectors, including industrial, medical, and environmental.

The demand for UV-LED solutions is increasingly driven by their applications in health and hygiene sectors. UV-LEDs are gaining traction for their effectiveness in disinfection and sterilization processes due to their ability to emit germicidal UV-C light. This trend is fueled by heightened awareness of hygiene practices and the need for effective infection control in medical facilities, water treatment, and consumer products. Companies that develop UV-LED technologies with enhanced disinfection capabilities and longer lifespans are well-positioned to capitalize on the expanding health and hygiene market, offering solutions that address both consumer and industrial needs.

• In Dec 2023, Nichia announced to launch two new UV LEDs in March 2024: UV-B LED with a peak wavelength of 308nm and UV-A LED with a peak wavelength of 330nm.

• In June 2024, Silanna UV launched a new 235nm Quad High-Power far-UVC LED at the International Congress on Far-UVC Science and Technology 2024 (ICFUST) this June.

Key companies profiled in the UV-LED Market are Lumileds Holding BV, Nordson Corporation, Seoul Viosys Co.Ltd, Honle UV America Inc and others.