LED Component Market in Taiwan to Grow at a CAGR of 8.2% over Forecast Period 2015-2019
LED components are constituent parts of LED panels. The value chain of LED components includes epi-wafer, grain, package, and module. The issue of global warming is gaining importance and reduction in energy consumption is being emphasized upon. LEDs are energy efficient as they consume very little energy compared to conventional lighting systems. Technavio's analysts forecast the revenue of the LED component market in Taiwan to grow at a CAGR of 8.2% in terms of revenue during the period 2014-2019.
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