2017-06-15

LEDinside Says Global UV LED Market to Expand at a CAGR of 34% From 2015 to 2020 as Applications for Related Solutions Emerge

Taiwan’s major annual optoelectronics industry exhibition, Photonics Festival 2017, will be held in Nangang Exhibition Hall of Taipei World Trade Center from June 14 to 16. Some of the highlights in the LED section of this exhibition includes products for the automotive industry and applications related to ultraviolet (UV) LEDs. LEDinside, a division of TrendForce, projects that the scale of the global UV LED market will increase from US$288 million in 2017 to US$526 million in 2020. Furthermore, the CAGR of the UV LED market in the 2015~2020 period is currently estimated at 34%. These and other data can be found in LEDinside’s 2017 UV LED vs. UV LED Module Market Report.
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2014-11-04

Residential Smart Light Bulb to Reach 223 Million Annual Shipments by 2020, Finds ABI Research

The market for connected LED or “smart” light bulbs is in its embryonic stage of development, with shipments totaling fewer than 2.5 million units in 2013. However, falling LED prices and the endorsement of ZigBee Light Link as the preferred connectivity solution by a number of leading lighting manufacturers means that annual smart bulb shipments are set to increase to 223 million by 2020, achieving a total installed base of over 400 million. 
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