UV LED optimistic outlook 2020 output value of $356 million

This year, LED lighting market price competition, manufacturers began to look to the niche market, higher margin LEDinside pointed out that due to the UV LED (UV LED) market due to high technical threshold, product price is higher than that of LED several times, the huge market value to attract many manufacturers competing investment. TrendForce's green energy division LEDinside recently published "2015 LED industry supply and demand market database" pointed out that the market value of LED UV in 2015 with $122 million in 2014, the main reason for the UV-A LED (UVA, 320~400nm) prices too fast, leading to the 2015 UV LED overall output growth was not obvious. LEDinside vice president of research, said Wu Yingjie, although this year the overall UV-A LED market prices fell rapidly, manufacturers are still optimistic that the modest decline in the market is taking off. Manufacturers in the next two years will strive for technological development, plans to enter the UV-C LED (short wave ultraviolet) niche market. With the development of technology and custom design has become a high UV LED blue ocean market niche, is expected to appear, such as deep UV messaging and other broader applications, estimated 2020 UV LED market value will reach $356 million. Japan Nichia LED factory (Nichia) earlier said it would deepen and Taiwan factory rongchuang (3437) cooperation, common in the UV LED niche market development. Although the LED industry rapid change and fierce competition, but the international companies are still optimistic about the application in the field of prices is expected to enlarge, in addition to the traditional lighting and backlight market, LED light source can be widely used in industrial and commercial lighting purposes, such as sterilization of UV LED can be used for manufacturing the curing and medical industry. Nichia reminder system in Taiwan small LED factory should develop towards niche applications, in order to avoid the Red Sea market price competition, promising rongchuang development in UV LED curing applications, will deepen bilateral cooperation in product line.