Value of Global UV-C LED Market Will Grow at CAGR of 56% in 2016~2021 to Reach US$257 Million, Says LEDinside

The value of the global market for UV-C LEDs used in sterilization and purification equipment will grow at a CAGR of 56% from US$28 million in 2016 to US$257 million in 2021, according to the 2016~2021 UV LED and IR LED Application Market Report by LEDinside, a division of TrendForce. The UV-C LED technology is expected to advance rapidly as an increasing number of major LED suppliers are scheduled to launch related products towards the end of 2016.
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