Tag Archives: UV LED

Global UV LED Market expected to reach a Valuation of US$ 3.2 billion by 2033, rising at a CAGR of 18.6% | Future Market Insights, Inc.

The global UV LED market is most likely to experience a CAGR of 18.6% from 2023 to 2033. By the end of the aforementioned forecast period, the market is poised to be valued at US$ 3.2 billion, according to a recently published report by Future Market Insights. Plant growth and pest control are three of the many …

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Global UV LED Market on a Trajectory to Reach US$ 3.2 Billion by 2033

The worldwide UV LED market is expected to develop at a compound annual growth rate (CAGR) of 18.6%, according to Future Market Insights, reaching US$ 3.2 billion by 2033 and US$ 583 million in 2023. The growing healthcare sector and the requirement for environmental sanitation will drive demand for UV LEDs. UV LEDs are becoming …

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