2014-12-04

LEDinside: Highly Profitable UV LED Market Value Reaches US $122M in 2014

The global Ultraviolet (UV) market value in 2014 is estimated to reach US $815 million, in which the UV LED market has about a 15% market share or equivalent to $122 million market value, according to the latest report “2015 LED Demand and Supply Market Outlook” published by LEDinside, a research division of TrendForce. “UV LED single unit prices are usually ten times higher than average LEDs, which is why many LED manufacturers have entered the market, even though it remains a relatively niche sector,” said Joanne Wu, an assistan...
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