Global Packaged GAN LED Market to Grow at a CAGR of 12.1 Percent over the Period 2012-2016 : MarketResearchReports.Biz
TechNavio's analysts forecast the Global Packaged GaN LED market to grow at a CAGR of 12.1 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased adoption of packaged GaN LEDs in the Lighting segment. The Global Packaged GaN LED market has also been witnessing the miniaturization of packaged GaN LEDs.However, the demand and supply imbalance of packaged GaN LEDs could pose a challenge to the growth of this market.
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