Industry News, Market Research

UV LED Market Expected to Reach $1.71 Billion by 2027: Allied Market Research

Forecasted to register a CAGR of 21.7%.

Author Image

By: Anthony Locicero

Copy editor, New York Post

According to a new report published by Allied Market Research, titled, “UV LED Market by Type, Application, and End User: Opportunity Analysis and Industry Forecast, 2020–2027,” the global UV LED industry size was valued at $0.35 billion in 2019 and is projected to reach $1.71 billion by 2027, registering a CAGR of 21.7% during the forecast period. North America is the leading contributor to the global UV LED market, followed by Europe and Asia-Pacific in 2019.     The UV LED includes variou...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters