LEDinside Forecasts Value of Global UV LED Market to Reach US$166 Million in 2016 - Energy Watch News


LEDinside Forecasts Value of Global UV LED Market to Reach US$166 Million in 2016

In 2016, UV LED technology has been rapidly expanding into various application markets including curing, sterilization and purification equipment. The total value of the UV LED market worldwide is estimated to grow from US$166 million in 2016 to US$555 million in 2021 at compound annual growth rate (CAGR) of 27%, according to the 2016~2021 Global LED Industry Demand and Supply Database Report by LEDinside, a division of TrendForce. Most UV LED products that are on the market fall under two major segments within the UV light spectrum: UV-A (320~400nm in wavelength) and UV-C (under 280nm in wavelength). Presently, the main source of UV-A LED demand comes from the curing market. http://www.ledinside.com/intelligence/purchase_mi#gold

Tagged with: , , , ,
Posted in Industry News

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Featured Product


 

Featured Job