According to TrendForce’s 2024 Global Automotive LED Market (Lighting and Display Product Trend) report, there’s been steady growth in the vehicle lighting and automotive LED demand for 2024—to USD $37.395bn and $3.445bn, respectively; that’s higher than car market shipment performance.Global LED headlamp equipment rate for conventional passenger cars reached 72 per cent in 2023—the figure…
Automotive LED Market Update
