According to a new report by Allied Market Research titled, “Global Automotive Lighting Market – Technology, Vehicle Type, Applications, Size, Share, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2014–2020″, the global automotive lighting market is expected to reach $33.7 billion by 2020, registering a CAGR of 6.7 percent during 2015–2020. Automotive lighting industry is witnessing […]
A light emitting diode or LED is a semiconductor device. LED produce incoherent narrow spectrum of light when it is in forward biased condition. The color of the light emitted depends on the composition of the semiconductor material used in manufacturing of LED. It is extensively used in an array of application such as […]
The LED lighting market began to rebound from 2013 and is projected to kick into high gear starting from 2014. Global leading companies have already seen improving performance from 2013.