Demand for Ultraviolet LED Technology Rises Exponentially During COVID-19, Bright Growth Prospects in Future, Projects PMR
Date : Apr 27, 2020 Author : PMR Editorial Staff
The COVID-19 pandemic has become a global concern with a high transmission rate and rapidly increasing cases.
The COVID-19 pandemic has become a global concern with a high transmission rate and rapidly increasing cases. With no cure and vaccine, this pandemic is propelling the global economy towards uncertainty. Numerous international agencies are studying the nature of corona virus to find its cure. Different researches are indicating towards the possibility of using ultraviolet rays against corona virus. The current corona virus crisis involves different strains of the virus of which the SARS-CoV-2 virus is causing havoc around the globe. Different studies suggest that ultraviolet light can be used as an effective measure for decontaminating surfaces infected by corona virus. In the light of these recent developments, devices such as ultraviolet (UV) LED and UV lamps and UV curing lamps are gaining prominence.
Growing Awareness Regarding Corona Virus Enhances Adoption Rate
The market for UV devices is witnessing a major hike in demand for different disinfection purposes such as disinfection of floors, HVAC system, and equipment surfaces. This demand is picking pace gradually across all the sectors, creating a new revenue source in the market. With the growing mortality rate in COVID-19 crisis, the UV LED technology has come into the limelight. Besides disinfecting medium, UV lights are gaining prominence as a cost-effective and chemical-free method to sanitize personal and public spaces. With bulk sanitation requirements, UV LED products are highly demanded across different industries such as the automotive sector as a cheap method of disinfection.
The adoption rate of UV light has also increased in the light of the COIVD-19 pandemic. PMR expects the augmenting use of UV lights for disinfecting air and water to act as a major growth lever. The current situation has increased the awareness regarding hygiene and safety in different industries, especially in the food and beverage sector. Such developments are strengthening the growth trajectory of the Ultraviolet LED market.
Water Disinfection as Major Application
The water disinfection application is expected to generate major revenue in the market. The already widely-used application will witness the addition of new use cases with growing awareness regarding coronavirus. To satiate the growing demand the companies developing UV light LED technology are revamping their growth strategies. They are leveraging technological advancements to develop highly effective, cost-efficient, and reliable UV LED products. For instance, Zollner, a company that works on UV LED technology, is using silicon carbide a substrate that allows effective growth of UV-C semiconductor material, which are used in purification and disinfection activities, to develop LED products.
Amulgam UV lamps are projected to gain preference in the coming days in different sectors such as water disinfection, and grease and odor control in the food kitchen. Such preferences arise over positive attributes of these lamps such as enhanced temperature compatibility and power density as compared to conventional mercury lamps. UV curing lamps are the other products that are expected to experience a surge in demand during the COIVD-19 pandemic. With the growing awareness regarding the efficacy of UV light in mitigating corona virus transmission, the adoption rate of UV LED curing lamps are expected to surge.
Eco-friendliness is one of the primary determinants of market growth. UV LED technology is eyed as an eco-friendly option in the market which makes it a very popular choice even in a consumable industry such as the food industry.
New UV LED Products Sterilize Corona Virus
Assessing the seriousness of the situation, different UV LED technology companies such as SETi and Seoul Viosys are developing UV LED products that offer strong corona virus sterilization in air and on goods such as phones and face masks. Along with corona virus, these advanced technologies will hold the capacity to sterilize harmful bacteria such as Staphylococcus aureus and Escherichia coli. Such developments are intensifying the competitive landscape of UV LED technology and products. To disinfect larger areas these companies are deploying robots that use the band of UV light which can sterilize the area from corona virus. The introduction of robots during COVID-19 pandemic is creating scope for other technological advancements, thereby boosting the market growth.
To satiate the growing demand for UV LED technology, the market players have amplified their production capacities. Owing to a plethora of advantages, PMR forecasts the adoption of UV LED light to keep increasing even after the end of the COVID-19 pandemic.
Report Highlights: Global Ultraviolet LED Market
- Parent market overview with COVID-19 impact
- Changing market dynamics
- Latest market trends and strategic developments
- Viable revenue sources
- Competition analysis
- Strategic evaluation of key market players
- Overall performance of the market for any predefined period