Global UV Lamp Market 2023-2027

Global UV Lamp Market 2023-2027
The UV lamp market is forecasted to grow by USD 3247.97 mn during 2022-2027, accelerating at a CAGR of 20.41% during the forecast period. The report on the UV lamp market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by low cost of ownership of UV LEDs, growing efforts toward increasing uv led production, and increasing need to improve indoor air quality.

Technavio's UV lamp market is segmented as below:

By ProductMercury-based UV lampsUV LEDsBy ApplicationUV CuringWater and air purificationTanningAnalytical instrumentsOthersBy Geographical LandscapeAPACEuropeNorth AmericaSouth AmericaMiddle East and AfricaThis study identifies the shift from mercury-based UV lamps to UV LEDs as one of the prime reasons driving the UV lamp market growth during the next few years. Also, increased adoption of UV LEDs in consumer electronics and development of GaN-on-Si LEDs will lead to sizable demand in the market.

The report on the UV lamp market covers the following areas:UV lamp market sizingUV lamp market forecastUV lamp market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading UV lamp market vendors that include AlphaCure Ltd., Atlantic Ultraviolet Corp., Broadcom Inc., Danaher Corp., DELO Industrie Klebstoffe GmbH and Co. KGaA, DOWA HOLDINGS Co. Ltd., Dr. Honle AG, Excelitas Technologies Corp., Heraeus Holding GmbH, IST Metz GmbH and Co. KG, Lumileds Holding BV, Luminus Inc., MaestroGen Inc., Nordson Corp., Panasonic Holdings Corp., Seoul Semiconductor Co. Ltd., Signify NV, Ushio America Inc., Vilber Lourmat est une SAS, Xylem Inc., Zchem Specialities Pvt. Ltd., Nichia Corp., Nikkiso Co. Ltd., OSRAM Licht AG, and SemiLEDs Corp. Also, the UV lamp market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.