LED now dominant light source in automotive lighting, says Strategy Analytics
LED now dominant light source in automotive lighting, says Strategy Analytics 12 Jul 2021 Value demand for LEDs in sector will almost triple from 2020 to $3.9 billion by 2024. Carmakers are increasingly looking at styling with LED-based systems.Value demand for Light Emitting Diodes (LEDs) alone in automotive lighting will nearly triple from $1.4 billion in 2020 to $3.9 billion by 2024. The latest report Automotive Lighting: Who Can Challenge LED's Dominance? from the Strategy Analytics Powertrain, Body, Safety & Chassis Service, predicts that OEM requirements for styling and functionality ...
Source: optics.org