LEDinside Projects UVC LED Market to Reach US $356M by 2020

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2015-12-01 15: 27

LEDinside 2016 LED Market Demand and Supply Analysis

evelop niche application markets that can provide higher margins as the price competition in the LED lighting market has become too difficult for them. Among these niche application markets, ultraviolet (UV) LED has attracted investments from many manufacturers because of its enormous market value. The UV LED market has much higher technological barrier to entry, so prices of its products are several tens of times greater than those of the general LED products. LEDinside, a division of TrendForce, states that the global UV LED market in 2015 is estimated at US$122 million, which is around the same level as in 2014, in its 2015 Global LED Industry Supply and Demand Database Report. The absence of noticeable growth in the market value this year is mainly attributed to the rapid decline in UV-A LED prices (UV-A spectrum is between 320~400nm in wavelength).

“On account of the sharp price decline in this year’s UV-A LED market, LED manufacturers that focus on UV applications will step up efforts in technological research and development so that they can advance into the UV-C LED (under 280nm in wavelength) market in the next two years,” said Joanne Wu, LEDinside assistant research manager. “Since UV LED’s ‘blue ocean’ market is based on technological innovations and customizable product designs, manufacturers can expect wider applications to emerge, such as DUV SMS communication. By 2020, the market value of UV LED is projected to reach US$356 million.”

Customization will bring relief to the price pressure in the UV-A LED market and investments in UV-C LED research will bring breakthroughs

UV-A LEDs are primarily used for curing. Presently, curing also represents 52% of the UV-A market in terms of applications. Wu noted that UV-A LED manufacturers will evade the challenge of price competition by offering highly customizable solutions in the future. This means working closely with curing machine vendors in every aspect of product development, such as the LED wavelength, the design of the UV LED module, the composition of the UV adhesive and the design of the cooling system.

One of the UV-C LED’s applications that have huge growth potential in market value and high product margins is sterilization/purification. Countries that have recently started to invest in the development of UV-C LED products include Japan, the U.S. and South Korea. While the production of UV-C LEDs is waiting for a major breakthrough, the technology is likely reach maturity in 2017, when the ban on mercury-vapor lamps will be implemented. In sum, LEDinside anticipates that demand for UV-C LED solutions to be the main growth driver in the overall UV LED application market in the near future.

LEDinside 2016 LED Market Demand and Supply Analysis

Backlight Market Trend

Mobile Market

Smartphones Shipment Grows Steadily
Mobile LED Shipment and Market Value Outlook
LED Shifts From Niche to Highly Competitive Market
Applying Flip Chip Technology into FLASH LED
OLED’s Estimated Penetration Rate in Mobile Market

TV Market

TV Shipment Volume Sees Slow Growth
TV Backlight LED Shipment and Value of Production Outlook
CSP Flip Chip LED Penetration Rate in TV Backlight Market
Edge-type LED TV Road Map
2016 Edge-type TV LED Specifications
Direct-type LED TV Road Map
2016 Direct-type TV LED Specifications

LED Lighting Market Trend

LED Lighting Market Outlook

Lighting LED Market Will Enter the Plateau Period During 2015 to 2020
Middle and Low Power LED Products’ Specifications are Tending to be Concentrated, Competitive Opportunity to Emerge
2835 and 3030 LEDs are the Most Competitive in Lighting LED Field
LED Manufacturers Introduce Higher Performance COB Products to Enhance the Added Value
CSP LED Solution Price Advantage is Increasingly Evident, However, Production Yields is Low in the Short Term
Chinese Manufacturers’ are Using Ultra-low Priced Low and Mid Power LEDs to Block CSP LED Applications in Lighting Products

LED Lighting Market Long Term Outlook

Philips Grabs LED Lighting Market Share with Low Pricing Strategy
OEM LED Bulb Prices Continue to Decline
LED Bulb Shipment Volume Growth Increase Target of Lighting Brands is 20% to 30% in 2016
LED and Conventional Lighting Market Value and Volume
LED Lighting Replace Expectation
LED Lighting Industry Trends Expectation

Automotive LED Market Trend

Market Forecast

Exterior Automotive LED Market Value Steadily Growing
Exterior Automotive LED Market Volume Steadily Growing
Interior Automotive LED Market Value Gradually Declining
Automotive Panel Spurring Interior Automotive LED Volume Growth Momentum
Standard Power LEDs for Automotive Application Market to Shrivel up From 2015-2020
Automotive Lighting Product and Power Classification

Product Design

Automotive H/L Beam LED- High Power Market Applications
High-end Headlights-Adaptive Driving Beam Advancements
Active Headlights-ADB Control Strategy
Mid Class Headlights- Diversified Designs
Low to Mid Class Headlights-Improvements in C/P Ratio

Display Market Trend

Market Forecast

Benefit From Increasing Fine Pitch Display, Display LED Market Continues to Grow
LEDs’ Proportion in Various Cost Structure Displays

Product Design

Mainstream Fine Pitch Display LED Supplier and Specification
Fine Pitch Display LED and General Display LED Specifications
Fine Pitch Display Market Supply Chain Overview
Display Products Market Size Forecast
Leasing Display Market is Rapidly Rising
Major Manufacturers Market Share in Display Application

UV LED Market Trend

Market Forecast

2015-2020 UV LED Market Forecast

Product Design

UV Curing Market Application

Principles of UV Curing
UV Curing Conditions
Superior UV Curing Processing Factors
UV Wavelength Distribution and Optical Design
UV Irradiance vs. Radiant Energy Density
UV Resin and Photoinitiator
Thickness and Energy
Cooling System
UV Curing Machine List
UV Adhesive Manufacturer List

LED Supply Market Analysis

Analysis of Newly Installed MOCVD Worldwide
Analysis of LED Chip Manufacturers Utilization Rates By Global Region
Changes in Global LED Chip Expansion
- Osram to Build LED Chip Plant in Malaysia, Which Could Change The Development of LED Industry
- Potential Changes in The Industry Supply Chain Following the Completion of Lumileds’ Business Transaction to Go Scale Capital
- Impact From China’s 13 Five-Year Plan on LED Industry
Global LED Wafer Production Outlook
Severe Imbalanced Oversupply Can Only Be Resolved By the Withdrawal of Second- Tier Manufacturers

For further information about LED industry please click here or contact:

Joanne Wu (Taipei)

joannewu@trendforce.com

+886-2-8978-6488 ext. 912