The market for LED is forecast to reach $102.6 billion by 2026, growing at a CAGR of 15.3% from 2021 to 2026. The LED Market is estimated to witness a sustainable growth over the forecast period majorly because of the different environment friendly features it offers in different applications. Rise in Environmental concerns is one of the major driving factor of LED market in global level. Moreover, with the ongoing governmental regulations in global market for deploying energy-efficient lighting such as LED lighting tend to create a major impact in the rapid adoption of LEDs. Ultraviolet light occurs between the visible and x-ray electromagnetic spectrum. The Ultraviolet wavelength range is specified between 10 nm to 400 nm which categorizes LEDs into three different types. However, many photoelectric manufacturers also consider wavelengths as high as 430 nm to be in the UV range. The replacement of CCFL with LEDs made of Silicon Carbide, Gallium Nitride and other materials will ...