Trade Resources Market View Global UV LED Market Is Expected to Grow at a High Rate

Global UV LED Market Is Expected to Grow at a High Rate

The LED specialists behind UK-based firm, Visible Lighting, have shared their thoughts on recent predictions regarding the growth of ultraviolet LEDs.

According to the Global UV LED Market 2012-2016 report, the global UV LED market is expected to grow at a rate of 44.3 percent CAGR (compound annual growth rate), through 2012-2016. Following the increasing adoption of UV LEDs, the report takes a look at market trends, challenges and key vendors. Including input from industry experts, the report focuses on areas including the APAC region, Europe and North America.

LED UV lamps are currently used in a number of applications such as to purify water, treat skin diseases, aid forensic investigations and pesticides. They are also used frequently in counterfeit detection and forgery.

Renowned for their home lighting collection, Visible Lighting supplies high quality LED wall lighting online as well as outdoor and commercial lighting and LED accessories. Having spent a number of years researching the LED market, the team is dedicated to following growths and developments within the sector. A representative from the firm speculates on potential reasons behind the popularity of UV LEDs and what this could mean for the industry as a whole.

"LED UV lamps have numerous benefits over traditional ultraviolet lamps, not least that they're brighter, more powerful and have a longer operating life. They are also much more environmentally friendly than traditional mercury lamps. This estimated growth in LED UV lamps over the next few years reflects how the LED industry as a whole is growing, both in popularity and efficiency."

The specialists at Visible Lighting Look forward to reviewing subsequent statistics into the growth of LED UV lamps.

Source: http://www.ledinside.com/news/2013/8/visible_lighting_anticipates_uv_led_ggrowth
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Visible Lighting Anticipates UV LED Growth
Topics: Lighting