The invention discloses a double-layer coextruded insulation LED ultraviolet light crosslinking colored low-smoke halogen-free flame-retardant cable material. The cable material is composed of an inner-layer insulating material and an outer-layer insulating material, and the inner-layer insulating material is composed of a maleic anhydride grafted ethylene-octene copolymer, polyethylene, an ethylene-octene copolymer, a flame retardant, a flame retardant synergist, an antioxidant, a metal deactivator, a lubricant, a photoinitiator, a multifunctional group cross-linking agent and a color masterbatch; and the outer-layer insulating material is composed of maleic anhydride grafted polyethylene, an ethylene-vinyl acetate copolymer, syndiotactic 1,2-polybutadiene, the flame retardant, the flameretardant synergist, the antioxidant, the lubricant, the photoinitiator, the multifunctional crosslinking agent and the color master batch. The double-layer coextruded inner-layer insulating materialand the outer-layer insulating material are extruded, and then can be fast crosslinked online through LED irradiation equipment, various properties of cables can meet JG / T 441-2014, the mechanical properties and the electrical properties of the cable are excellent, the flame retardant property is good, and the service life of the cable can reach 70 years or longer.