The global UVC LED Chips market is anticipated to exhibit significant CAGR of 17.2% during the forecast period (2023-2029). The growing demand for UVC LED chips owing to its tremendous applications is a key factor driving the growth of the global UVC LED chips market. In February 2021, Osram had invested in UV LED specialist Bolb Inc. to acquire around 20% share of Bolb Inc. via its venture capital arm Fluxunit.
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The COVID-19 pandemic has made positive impact on the demand for UVC LED Chips market. The UVC LED chips plays major role in air/water disinfectant. The UVC LED has proven test results and data to eradicate the COVID 19 virus as it is over 80.0% airborne and ventilation systems are prime carriers. To make advancement in this chip to eradicated the spread of COVID-19 virus NexNord Technologies Inc. entered into partnership with Nichia LED in February 2021 to create a life saving venue that installs easily in any air duct ventilation system.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global UVC LED Chips Market by Output Power Range
- 0-10 mW
- 10-30 mW
- 30-50 mW
- >=50 mW
Global UVC LED Chips Market by Application
- Air/Water Disinfectant
- Biosensing
- Medical & Scientific
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Advanced Optoelectronic Technology Inc.
- Crystal Is, Inc. (Asahi Kasei Company)
- EPI LEDs Co., Ltd.
- Epitop Optoelectronic Co., Ltd.
- Foshan Nationstar Optoelectronics Co., Ltd.
- Hubei Duvtek Co., Ltd.
- International Light Technologies Inc.
- Lite-On Technology Corp.
- Lu’an Shihui Lighting Technology Co., Ltd.
- Nationstar Led Display Screen Co. Ltd.
- Nichia Corp.
- Nikkiso Co. Ltd.
- Nitride Semiconductors Co., Ltd
- Optotech Optikmaschinen Gmbh
- Osram Licht AG
- Photon Wave Co., Ltd.
- San’an Optoelectronics Co., Ltd.
- Stanley Electric Co., Ltd.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global UVC LED Chips market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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