The output value of the UV LED market will reach $555 million in 2021

According to the latest "2016~2021 years LED industry demand and supply database", the estimated output value will grow to $166 million in 2016 due to the active introduction of UV LED products in the light curing, sterilization and purification market, which will reach 555 million US dollars in 2021, and the annual growth rate will be as high as 27%. The main trend of the development of UV LED is UV-A LED and UV-C LED, of which UV-A LED focuses on the application of the light curing market. Wu Yingjie said that under the fierce market price competition in the UV-A LED market, the overall output value of the UV LED market has been flat for two years at 122 million US dollars. However, under the expectation that the mercury lamp use ban regulations will be fermented in 2020, the light curing equipment manufacturers in Europe and the United States and Japan are actively importing ultraviolet LED, pulling up the restructuring and replacing market demand, driving the overall output value of the UV LED market in 2021 to up to US $555 million. It is estimated that the application of UV LED in 2016 to the light curing market value of $81 million, in 2021 will reach 195 million US dollars, the annual growth rate is 19%, and the permeability of UV curing module of UV LED will come to 50~60% in 2020. In the UV-C LED section, Wu Yingjie pointed out that, as UV-C can be used in the market for food preservation, air purification, water purification, and other markets, the potential demand is astonishing. Under the continuous progress of technology, the market value of the UV-C LED sterilization and purification in 2016 is estimated to be $28 million, which will reach 257 million US dollars in 2021, and the annual growth rate is up to 56%. Wu Yingjie said that UV-C LED product technology threshold is quite high, no matter in the epitaxy, chip technology, packaging and market acceptance of the face of many challenges, so now UV-C LED products in addition to the main quartz glass packaging products, also launched a low price promotional version with silica gel sealing, its current is small Short life, only suitable for the use of low-cost consumer products, as a manufacturer to promote marketing. As more LED plants launch new products at the end of this year, it will accelerate the progress of UV-C LED technology. At the present stage, the main UV-C LED factory is the US, Japan, and South Korean manufacturers. It is expected that the LED manufacturers in Japan and Taiwan will launch UV-C LED products in the fourth quarter of this year.