LEDinside UV LED Market Value in 2022 will Increase to $1.224 Billion - Energy Watch News


LEDinside UV LED Market Value in 2022 will Increase to $1.224 Billion

According to the latest report from LEDinside, a division of the market research firm TrendForce, 2018 UV LED Application Market- Curing, Medical and Sterilization, the projected UV LED market value was reach to USD 223 million in 2017 and will spring up to USD 1.224 billion in 2022, with 2017-2022 CAGR of 33%. Except for steady curing market growth, surface sterilization, static water sterilization, and flowing water sterilization will drive the growth of UV LED market in 2018-2022. Korean manufacturers positively focus on UV LED market. https://www.ledinside.com/node/view/29240

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