UV LED Market Share Has Trebled Over A Decade

Yole Développement's latest report on UV LED technology forecasts that UV LEDs will reach 25 percent of market share from other UV illumination technology in 2018, rising from 8 percent of the market in 2008. In 2008, UV LED was still considered an emerging technology and industry, trying to make its way into promising applications such as UV curing and counterfeit detection. Then, the LED industry only had eyes for the booming display applications, and was preparing for the rise of general lighting, considered to be the killer application for visible LED. Much as changed since then.