The market value of ultraviolet LED will reach US $555 million in 2021.

According to the latest "2016~2021 year LED industry demand and supply database", in 2016, due to the application of UV LED products to UV curing, sterilization and purification market, the estimated output value will grow to US $166 million, and by 2021, it will reach US $555 million and the annual compound growth rate will reach 27%. The main development trend of UV LED is UV-A LED and UV-C LED, among which UV-A LED focuses more on the market application of UV curing. Wu Yingjie said that in the fierce competition of UV-A LED market, the overall output value of the ultraviolet LED market has been flat at 122 million US dollars for two consecutive years. However, when the mercury lamp ban Ordinance is expected to be fermented in 2020, UV curing equipment manufacturers in Europe and Japan are actively introducing ultraviolet LED to boost the demand for replacement and replacement market, driving the total output value of ultraviolet LED in 2021 to reach US $555 million. It is estimated that the output value of UV LED applied to the UV curing market in 2016 will reach US $81 million. In 2021, it will reach US $195 million, the annual compound growth rate will be 19%, and the penetration rate of UV LED curing module will reach 50~60% in 2020. In the UV-C LED section, Wu Yingjie pointed out that because UV-C can be applied to 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 in 2016 will reach US $28 million, and in 2021, it will reach US $257 million and the annual compound growth rate will reach 56%. Wu Yingjie said, UV-C LED product technology threshold is quite high, whether in the field of epitaxy, chip technology, packaging and market acceptance and so on are facing many challenges, so now the market UV-C LED products in addition to the main quartz glass packaging products, and also launched with silicone seal low price promotion version, its current is small. It has a short life expectancy and is only suitable for low cost consumer products. As more LED plants launch new products by the end of this year, UV-C LED technology will accelerate. At present, the main UV-C LED plants are manufacturers of the United States, Japan and South Korea. It is estimated that the company will launch UV-C LED products in the fourth quarter of this year, including the LED manufacturers in Taiwan and China.