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    Asia Pacific UV LED Market Forecast 2027 By Application (UV Curing, Medical Light Therapy, Disinfection & Sterilization, Counterfeit Detection, Optical Sensing & Instrumentation), By Type (UV-A, UV-B, UV-C), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: February 2022   |   Report ID: GR2063   |   Delivery: PDF  Request Free Sample

    Asia Pacific UV LED Market size surpassed USD 200 million in 2020 and is projected to exhibit a CAGR of 18.5% between 2021 and 2027.

    Asia Pacific UV LED Market Report, By Region

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    The Asia Pacific market growth is attributed to its rising adoption in horticulture and indoor vertical farming technologies. Ultraviolet (UV) light in the horticulture sector offers several advantages such as waste heat separation, prevention of overheating, reductions in energy consumption, and venting provisions during warm climate conditions.

    Moreover, several regional players are focusing on developing horticulture-specific advanced lighting solutions. For instance, in June 2021, Hongli launched its new horticulture lighting LED series, which consists of the PCT 3030 SMD series LED and the C3535 UV LED. It is designed to offer a full spectrum band that can be customized for several wavelength ratios.

    Asia Pacific Market, By Type

    The UV-C LED segment in the Asia Pacific UV LED market will witness 21% growth rate during the forecast period. Growth is propelled by the numerous advantages offered such as high durability, low heat consumption, eco-friendly, and faster switching compared to conventional UV lamps. It is majorly used in a variety of smart home technology products such as refrigerators, smart purifiers, and air conditioning units, among others.

    Several companies are focusing heavily on innovating new technologies to meet the high market demand. For instance, in September 2021, NICHIA released a UV-C LED that uses the newly developed high radiant flux density technology. It is intended to eliminate and sterilize various pathogens found in the environment or on surfaces.

    Asia Pacific Market, By Country

    Japan UV LED market is anticipated to expand at a CAGR of 18.5% till 2027, owing to rising technological advancements in optical sensing technologies powered by UV-LEDs.

    Companies including Samsung, Hamamatsu, and others are developing UV optical sensing devices with low noise, high resolution, and precision sensitivity. For instance, in February 2021, Photonfocus developed UV LED-based cameras with optical sensing and global shutter technology for use in machine vision applications. The combination of UV technology and global shutter technology will allow users to incorporate this camera in security applications such as pantograph inspections.

    Competitive Industry Landscape

    Key players dominating the Asia Pacific UV LED market are Nichia Corporation, Nitride Semiconductors. Co., Ltd., NIKKISO CO., LTD., Lumex Inc., and Seoul Viosys Co.

    Companies are boosting their investments through new acquisition & merger strategies to gain a competitive edge. For instance, in January 2021, Seoul Viosys and Sensor Electronic Technology Inc. joined forces to develop the Violeds technology, which can eliminate 99.4 % of the COVID-19 virus. KR Biotech has conducted the test by using UV LEDs and modules based on the Violeds technology.

    Frequently Asked Question(FAQ) :

    What is the APAC UV LED market worth?
    The industry size for UV LED in the Asia Pacific had crossed USD 200 million in 2020 and is expected to record a CAGR of over 18.5% through 2027 owing to rising adoption in horticulture and indoor vertical farming technologies.
    What are UV LEDs used for?
    Ultraviolet (UV) LEDs are increasingly used in water treatment, communications, biological agent detection, polymer curing, and optical data storage applications to prevent overheating, and offer reduced energy consumption.
    What is the size of the UV-C LED segment across the Asia Pacific?
    The demand for UV-C LED in the Asia Pacific is projected to register a 21% growth rate up to 2027 due to their growing preference over conventional UV lamps to offer higher durability, low heat consumption, eco-friendly, and faster switching.
    How big is the Japan UV LED sector?
    The industry size for UV LED in Japan is anticipated to witness a CAGR of 18.5% up to 2027, driven by higher technological advancements in optical sensing technologies in the region.

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