Value demand for LEDs alone in automotive lighting will nearly triple from $1.4 billion in 2020 to $3.9 billion by 2024.The latest report from the Strategy Analytics Powertrain, Body, Safety & Chassis Service, predicts that OEM requirements for styling and functionality will further increase demand for LED-based automotive lighting systems.The analyst notes that LED has seen…
Strategy Analytics: LED Value at $4b in 2024 in Car Lighting
