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 byLEDinside, a division of TrendForce.... READ MORE