UV light Market – Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2027

UV light also known as ultraviolet light is an electromagnetic spectrum band with 10 nm to 400 nm wavelength. Radiation present in the sunlight is a form of UV light, contributing 10% of sun light output. UV wavelength is shorter than visible light and hence not visible to the human eye. UV radiation is commonly used in engineering processes and in the medical sector for many uses such as killing bacteria, curing inks and resins, creating fluorescent effects, phototherapy, and sun tanning. UV technology is used majorly in hospitals and clinics to sterilize and help destroy viruses, bacteria etc. Different UV wavelengths and intensities are used for different purposes. The human body when exposed to sun generates vitamin D, but too much exposure can cause painful burns and even different types of cancer. UV exposure is the main cause of skin cancer. UV light is used to detect biological materials like blood in places where sanitation is important. In terms of the effect of UV radiation on human health, the range of UV wavelengths is typically distributed as UV-A (400-315 nm), UV-B (315-280 nm), and UV-C (280-100 nm). Sunlight is emitted on all three bands, UV-A, UV-B, and UV-C. However, the ozone layer absorbs about 99% of ultraviolet rays and the band reaching the earth's surface is UV-A. Around 100% of the UV-C rays and 95% of UV-B rays are filtered by the Earth's atmosphere. Small in size, lower power consumption, easy to dispose, and the adaptability of LEDs to operate at different wavelengths have led to the usage of LEDs in mobile computing devices. UV LEDs are used to cure adhesives for mounting sensitive touch-panel displays during the assembly of mobile computing devices..

Driving Factors:

  • Demand for UV lights is expected to remain steady as most households use these products on a regular basis. UV lights also have applications in the form of wake up lights, similar to an alarm with customized light brightness. The UV lights market always faces threats from substitutes, change in consumer needs/ preferences, change in economic/ political conditions, technology advancement, and other factors.

  • UV light-emitting diodes (LEDs) are preferred over traditional UV lights due to the presence of mercury content in traditional lights. LED with advance technology have lower power consumption, low current requirement, long lifespan, and environment-friendly attributes which has resulted in their wide acceptance in the market.

Market Segmentation:

  • The global UV light market can be segmented in terms of spectrum range, distribution channel, and region.

  • The UV lights market is segmented in terms of spectrum range as near UV spectral range (380-200 nm) and far-UV spectral range (200-10 nm).

  • Based on distribution channel, the market is segmented as online and offline. Online can be sub segmented into third party and company website. The offline distribution channel is sub-segmented into supermarkets/ hypermarkets, specialty stores, and others.

  • On the basis of geography, the global UV lights market is classified into Asia Pacific (India, China, and Japan), Europe (U.K, France, and Germany), North America (U.S and Canada), South America (Brazil), and Middle East & Africa (GCC and South Africa).

Competitive Landscape:

  • Major players operating in the UV lights market include Koninklijke Philips N.V., OSRAM Licht AG, Heraeus, Atlantic Ultraviolet Corporation, Calgon Carbon Corporation, Excelitas Technologies Corp, HOENLE AG, Nordson Corporation, Panasonic Corporation, Seoul Viosys Co., Ltd, NITRIDE SEMICONDUCTORS .Co., Ltd., and others

  • Import duty rate for UV lights is high in countries such as Brazil. Also, other import duties including airport fee, storage fee, handling fee, and declaration fee affects the final price of UV lights for end-users as most vendors are international players that import these products from other countries.

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