Philips / LG are involved in the UV LED business

Ultraviolet LEDs (UV LEDs) have established a market in the field of hardening, drying, and bonding, that is, UV curing, using ultraviolet rays for the past five years. UVLEDs have the advantages of large UV output power, small size and low power consumption, which bring great value to the market of UV systems and users of these systems.

Due to their small size and low operating cost, the equipment equipped with UV LEDs has quickly replaced the original technology of using mercury lamps, and the UV LED market in the UV curing business has been expanding. In 2008, the entire UV LED market was the largest, but it was 20 million US dollars. In 2014, it expanded to a maximum of 90 million US dollars, with an average annual growth rate (CAGR) of 28.5%.

New era to begin soon <br> <br> French research firm Yole Developpement (hereinafter referred to Yole) said that the use of disinfection and decontamination UV LED market will be key to achieve growth in the next three years.

With the expansion of UV curing technology using UV LEDs to the ink, adhesive and coating industries, the UV LED market is expected to expand further. In addition, new uses such as disinfection and purification have been added. UV LED performance is not sufficient for disinfection and purification applications. However, as performance improves in the future, it is estimated that some of the benefits of the UV LED market by 2018 will come from the use of UVC (UV-C band) for disinfection and purification.

The size of the UV LED market is expected to expand from a maximum of $90 million in 2014 to a maximum of $500 million in 2019. However, this scale is premised on the standard application of UV LEDs instead of UV lamps. If UV LEDs are also being used in general lighting, plant cultivation lighting, biomedical devices, and nosocomial infections, the UV LED market is likely to achieve greater growth in the future. And from the perspective of the possibilities of UV LEDs, lighting and medical uses are only a small part of them. Although the new application areas of UV LEDs have not yet had a big impact on market size, Yole expects that by 2019, the share of these new applications will likely account for about 10% of the entire UV LED market.

Large companies involved in <br> <br> UV LED market in 2008, only about 10 companies in the development, manufacture UV LED. More than 50 companies were involved in the UV LED market (30 of which were involved between 2012 and 2014). Most of these companies are involved in the UV LED market with high profitability. At that time, the "LED TV crisis" led to the overcapacity of the overcapacity and price decline in the visible light LED industry, which caused the industry to be hit hard, which created an opportunity for the above companies to enter the UV LED market.

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