2021 UV LED market output will reach 555 million USD

According to the latest 2016 ~ 2021 LED industry demand and supply database shows that in 2016 due to UV LED products actively into the light curing, sterilization and purification market and other applications, the estimated output value will grow to 166 million US dollars, 2021 Will reach 555 million USD, the annual compound growth rate up to 27%.

The development of UV LED mainstream for the UV-A LED and UV-C LED, which UV-A LED multi-focus in the light curing market applications. Wu Yingjie said that in the UV-A LED market fierce bargain competition, the overall output value of the UV LED market has been flat for two consecutive years at $ 122 million. However, in the mercury lamp use prohibition regulations will be in 2020 fermentation under the expected psychology, Europe and the United States and Japan's light curing equipment manufacturers are actively into the UV LED, pull up the machine and replacement market demand, driven by 2021 overall UV LED market output Will reach 555 million USD.

2016 the UV LED is expected to be used in the light curing market output value of 81 million US dollars in 2021 will reach 195 million US dollars, the annual compound growth rate is 19%, in 2020 UV LED light curing module penetration will reach to 50 to 60% .

In the UV-C LED part, Wu Yingjie pointed out that the UV-C can be used in food preservation, air purification, water purification and other markets, the potential demand is amazing. Under the continuous progress of technology, it is estimated that the market value of UV-C LED sterilization and purification application will reach US $ 28 million in 2016 and US $ 257 million in 2021, with a compound annual growth rate of 56%.