European Ultraviolet Light Emitting Diode Market size is expected to surpass USD 200 million by 2027, according to a latest forecast report by Graphical Research.
The market growth owing to the rising adoption of UV-B type LED technology for vertical indoor farming. It has several advantages in smart farming including easy switching, noiseless design, eco-friendliness, and low-power consumption. Several vertical farming providers in the region are also focusing on raising funds from global players to adopt new technologies and gain a competitive advantage in the market. For instance, in November 2021, Intelligent Growth Solution (IGS), a UK-based vertical farming startup, received USD 57.7 million in a Series B round of funding. This funding is also supported by the Scottish government. The company is aiming to adopt automated technologies and light up farms with energy-efficient LEDs.
The disinfection and sterilization type segment will witness over 15.5% CAGR during the forecast period, credited to the rising adoption of UV LED-based disinfection devices, such as automated disinfecting robots and UV dosimeters, in hospitals. These devices enable hospitals to eliminate viruses and bacteria from the air and surfaces while ensuring the patients’ safety. Furthermore, the growing emphasis on the use of UV disinfection devices to combat COVID-19 is propel the market growth. For instance, in December 2020, the European Commission selected Blue Ocean Robotics and UVD Robots to deploy 200 automated disinfecting robots in EU hospitals. The authority aims to strengthen its fight against coronavirus and Hospital Acquired Infections (HAIs) in the future.
Browse detailed statistical insights from the report, “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” along with the table of contents (ToC) @
Spain UV LED industry will grow at 15% CAGR till 2027 attributed to the rising adoption of UV LED-based printing and coating solutions in the manufacturing sector. Spain is experiencing a surge in the demand for industrial printed interior decoration, which provides a variety of surface effects and creative wall designs. To meet the rising demand, enterprises are integrating UV LEDs into their printing solutions to gain a competitive advantage in the market. For instance, in April 2021, Mimaki introduced two new UV-LED flatbed inkjet printers with a large format printing capacity. These models are designed to offer high speed and productivity to several print service providers with a wide range of applications.
The Ultraviolet Light Emitting Diode in European market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2016 to 2027 for the following segments:
Europe Market, By Type
Europe Market, By Application
- UV Curing
- Medical light therapy
- Disinfection & sterilization
- Counterfeit detection
- Optical sensing & instrumentation
The above information has been provided for the following countries: