The global Ultraviolet (UV) market value in 2014 is estimated to reach US $815 million, in which the UV LED market has about a 15% market share or equivalent to $122 million market value, according to the latest report “2015 LED Demand and Supply Market Outlook” published by LEDinside, a research division of TrendForce.
Chinese vendors have been growing at an annual clip of more than 50 percent since entering the smartphone market in 2011. In 2014, they will ship more than 450 million units, a year-on-year increase of 50 percent, comprising 38.6 percent of worldwide smartphone shipments, according to the latest research by TrendForce.