). UV LEDs do not contain toxic mercury and are often found in CCFL technology. They are much smaller and more durable than CCFLs and are more resistant to vibration and shock, resulting in less product breakage and reduced waste and maintenance costs.
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As a result, it creates an avenue for new businesses to enter the market; thus, propelling the market of this technology during the forecast period. Additionally, existing players and startups are looking for viable options to capitalize on this growing trend. Startups are expected to adopt UV-C LEDs over existing players, due to the lack of inherited bias towards germicidal lamps.
– The ecological composition of UV LEDs is the driving force behind the market. UV LEDs are rapidly adopting and becoming viable alternatives due to their lower power consumption than mercury bulbs. The overall heat generated by UV LEDs is considerably low. UV LED lamps reach a maximum of 40 ° C, while mercury lamps heat up to over 60 ° C. In addition, the European Commission periodically reviews RoHS exemptions. Currently, mercury lamps should be banned under RoHS, due to their effects on the environment. This factor results in significant energy savings and a higher return on investment in the long run.
– The growing adoption of UV curing is driving the market. Ink revenues are growing faster than the overall graphics and packaging market; users take advantage of instant drying to improve production efficiency and exploit both the decorative and functional properties of inks and coatings. Radiation curing, including ultraviolet (UV) curing technology, is now increasingly used in various applications as clean, green technology helps increase productivity over other traditional curing methods.
– While the print volumes in graphics decreased by 3.0% per year, between 2012 and 2022, the radiation drying printing segment and the still booming packaging market are on the point of increasing their market share. The radiation polymerization segment will grow 25.0% in volume and 33.6% in value over this period, according to FESPA.
– In addition, with the recent outbreak of Covid-19, the UV LED market is experiencing a significant increase in demand due to its use in surface disinfection and germ killing properties. In many countries, such as China and the United States, use UV lamps to clean surfaces and keep people from getting infected. According to photonic media, Covid-19 has increased demand for UV LEDs that disinfect spaces.
– According to the manual for germicidal ultraviolet irradiation1, one minute of UV-C light sterilizes more than 90% of the coronavirus. In addition, tests by Chinese agencies on air devices equipped with purple UV LED sterilization technology have shown a 97% reduction in airborne viral particles.
– Additionally, in May 2020, Seoul Viosys reported that customer demands for its violated UV LED products, which can be used to sterilize bacteria, increased more than five times in March, fueled by concerns about the spread Continued global virus causing COVID-19. In collaboration with the University of Korea, the company has shown that its breached LED modules can eliminate 99.9% of the SARS-COV-2 virus using a 30-second dose at a distance of three centimeters, which can increase its request.
Main market trends
Sterilization to significantly contribute to market growth
– The range of a UV LED is becoming abundant in sterilization applications, as it turns out to be the cheapest way to provide potable water across the world. It also provides monetary benefits to players with increasing consumption.
– Industry players are discovering the enormous potential due to which they are investing heavily and getting more into this sector. Few studies suggest that the use of UV water disinfection is very effective than the chlorine method, as UV water disinfection works with an irradiation capacity of 120 mW and a length of d. wave of 270nm, which takes about two minutes to reduce waste by 90-99.9%.
– In September 2019, Genome BC invested USD 1 million in Acuva Technologies to develop UV-LED technology for water purification. Additionally, in August 2019, Fraunhofer researchers were studying a greener and more efficient alternative, which uses UV LEDs to destroy bacterial DNA. The technology is suitable for disinfecting brewing water and for disinfecting caps and closures of bottled beer, carbonated drinks and mineral water during the filling process.
– In the United States, with the forecast of investments in water infrastructure in the coming years, the requirements for disinfection and sanitation of water and the presence of regulations in the country have resulted in an improvement of Requirement. There have been incidents, like 16 million cases of acute gastroenteritis occurring each year in community water systems across the United States due to drinking water.
– In addition, the growing concerns about water-borne diseases have increased the awareness of people about the consumption of treated water. The growing awareness of the benefits of consuming treated water has impacted the UV LED market that caters to this segment, namely UV C LEDs.
– Additionally, the US EPA has estimated that one in three Americans consuming stream water was likely to drink polluted water. The traditional water purification system has been expensive and considered vulnerable to mercury leakage. With the improvements in the lifespan of LEDs in this spectrum and the counter-developments to remedy the inefficiency of UV LEDs in the segment, the market has been improved.
Asia-Pacific to experience major growth in the market
– Asia-Pacific is expected to experience significant market growth during the forecast period. Suppliers based in Japan and China are making major investments in line with expanding UV LED applications such as disinfection and sterilization, in addition to their expansion activities.
– One of the leading suppliers, Nichia Corporation, Japan, launched its 280nm NCSU334A “Deep Blue” UVC “Deep Blue” UV Output LED in April 2019 to meet the needs of the mass market for air sterilization and water purification using the solid -state lighting. In addition, the company has had considerable success with the innovation and development of its UVA LEDs, which are specifically designed for resin curing applications.
– In addition, coating companies in China are investing heavily in smart manufacturing. International brands and national players are joining the new wave of investments. In February 2019, Hubei Province announced that ShenzhenUV-ChemTech LTD and Yihua announced an investment of CNY 8 billion to build the world’s largest UV curing materials project. In this project, 20,000 tonnes (per year) of photoinitiators, 100,000 tonnes (per year) of LED curing coatings and 80,000 tonnes (per year) of monomer resins will be produced.
– In addition, in South Korea, the growing demand for organic food and freshwater is expected to increase UV LEDs for horticultural applications and water purification. In March 2020, UNICEF partnered with South Korea to provide water and sanitation services to vulnerable population (mainly children) in areas affected by violence in Iraq, such as Anbar, Ninewa and Salah al-Din. The country has contributed $ 1 million to this cause.
– In addition, UV LEDs are used in medical equipment used for phototherapy, drug discovery, DNA analysis and vitamin analysis. The South Korean government is actively investing in the pharmaceutical sector to help with drug development and healthcare innovation. Government agencies related to the development of new drugs have presented the “National New Drug Development Research Project”, which is expected to invest WON 3.5 trillion (USD 2.9 billion) over ten years from 2021.
The UV LED market is highly fragmented due to the strong competition from different players. The major players are striving to gain a sustainable competitive advantage through their innovation, and several new players, such as Osram, are making significant investments in the market. The main players are Lumileds Holding BV, LG Innotek Co. Ltd. Some of the recent developments in the market are:
– May 2020 – BIO-SCAN, a UVC-based surface disinfection system launched by BIO-UV Group has received certification from independent testing laboratories approved by the government. This newly developed product will help fight the growing threats of COVID-19 across France.
– March 2020 – Nichia aims to expand her dominance in the UV market after her presentation at the RadTech 2020 Conference and Exhibition in Orlando. Nichia expects its UV portfolio to play an important role in the complete replacement of conventional mercury lamps and their associated environmental issues.
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