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    Europe UV LED Market Forecast 2027 By Type (UV-A, UV-B, UV-C), By Application (UV Curing, Medical Light Therapy, Disinfection & Sterilization, Counterfeit Detection, Optical Sensing & Instrumentation), Research Report, COVID-19 Impact Statistics, Country Outlook (UK, Germany, France, Italy, Spain, Russia), Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: February 2022   |   Report ID: GR2061   |   Delivery: PDF  Request Free Sample

    Europe UV LED Market size crossed USD 70 million in 2020 and is predicted to observe over 15% growth rate from 2021 to 2027.

    Europe UV LED Market Report, By Region

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    The UV LED market growth in Europe is credited to the increasing adoption of ultraviolet LED devices in the regional pharmaceutical manufacturing sector. These devices are extensively incorporated into various bio-pharma processes including DNA analysis, novel drug development, protein synthesis, phototherapy, research, development, and manufacturing. According to the European Federation of Pharmaceutical Industries and Associations (EFPIA), in 2020, European pharma companies invested USD 44.47 in R&D activities compared to USD 42.27 billion in 2019. The R&D expenditure from European pharmaceutical companies witnessed a 5% y-o-y growth in 2020 compared to 2019. Increasing innovations by regional companies in vaccine R&D and manufacturing will fuel the market revenue.

    Europe Market, By Type

    The UV-A segment will grow at 14% CAGR during the forecast period, driven by several features offered by UV-A LEDs such as shorter wavelength, low energy consumption, and precision illumination. These features increase their adoption across hospitals and forensic investigations in the examination of biomedical stains, untreated blood, and latent biometrics at crime scenes, among others.

    In June 2021, Viscor launched the new UV LED luminaires equipped with UV-A band technology. These LED luminaires have a wavelength band, ranging from 315 nm to 400 nm. They offer continuous light delivery and kill bacterial pathogens, providing cleaner spaces in hospital rooms.

    Europe Market, By Country

    Germany UV LED market is set witness growth of 17.5% through 2027. The growth is due to the increasing adoption of UV LEDs by regional automakers for curing applications.

    The UV adhesive curing systems are highly used in the packaging, coating, and assembly applications of automotive electronics. UV LED curing helps automotive manufacturers to yield high rates and increase productivity with less damage to heat-sensitive automotive electronics & components. According to the International Organization of Motor Vehicle Manufacturers, the passenger car production in Germany witnessed a 10% y-o-y increase in Q1 - Q3 2021 compared to Q1 - Q3 2020.

    Competitive Industry Landscape

    Some of the leading companies operating in the Europe UV LED market include Boston Electronics Corporation, Bivar, SRAM Opto Semiconductors GmbH, sglux, Refond, Inolux, Lumex Inc., and Marktech Optoelectronics.

    These market players are extensively involved in new product launches through strategic partnerships to gain a competitive edge in the market. For instance, in December 2020, OSRAM Opto Semiconductors GmbH launched a new Oslon ultraviolet LED portfolio with wavelength bands, ranging from 100 nm to 280 nm. These LEDs are suitable for germicidal applications. The company also aims to target air, surface, and water disinfection applications with UV-C technology.

    Frequently Asked Question(FAQ) :

    How large is the Europe UV LED market?
    The market value for UV LED in Europe was surpassed USD 70 million in 2020 and is estimated to exhibit a growth rate of 15% between 2021 and 2027 driven by the soaring product adoption across the regional pharmaceutical manufacturing sector.
    What factors will drive Europe UV-A LED industry forecast?
    The market size for UV-A LED in Europe is expected to grow at a CAGR of 14% through 2027 owing to numerous features such as precision illumination, low energy consumption, and shorter wavelength.
    Why is the UV LED sector growing in Germany?
    The market share for UV LED in Germany recorded a growth rate of 17.5% up to 2027 considering the surging product adoption by regional automakers for curing applications.
    Which are major players in the Europe UV LED landscape?
    Leading companies across the Europe industry comprise Bivar, Refond, Boston Electronics Corporation, Marktech Optoelectronics, Inolux, SRAM Opto Semiconductors GmbH, and others.

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