Suppliers for LED phosphor will embrace a good future in 2020.According to some research institute,phosphor used in LED lighting marker is likely to boom.It estimated that the phosphor market value will reach to$525 million in 2012,and will up to$730 million in 2015.By the end of 2019,it may achieve to$1.6 billion.It shows that the compound annual growth rate of phosphor will be more than 17%,mostly attributed to general lighting.
Source:
http://www.ledinside.com/led_phosphor_industry_boom_20120607
