Automotive Lighting Market Size worth USD 30.4 billion by 2030
The Automotive Lighting Market is projected to grow from an estimated USD 22.5 billion in 2023 to reach USD 30.4 billion by 2030 at a CAGR of 4.4% during the forecast period.
Automotive manufacturers are highly focused on developing new and innovative lighting to increase the driver’s and other road users’ aesthetic appeal and safety. Automotive lighting is an integral part of every...
MOSFET Relay Market to Eyewitness Massive Growth by 2030
According to a research report “MOSFET Relay Market by Voltage (Below 200V, 200-500V, 500-1kV, 1-7.5kV, 7.5-10kV, Above 10 kV), Application (Industrial, Household Appliances, Test & Measurements, Mining, Automotive, Medical, Renewables, Charging Stations) – Global Forecast to 2030″ published by MarketsandMarkets, the MOSFET relay market size is estimated to be USD 237 million...
What would be the share of North America and Europe in this high power LED market for the next five years?
The high power LED market is expected to grow from USD 4.5 billion in 2019 to USD 5.6 billion by 2024, at a CAGR of 4.5% during the forecast period. The long life & continuous usage, small size, less power consumption & voltage, and increasing high brightness application are the major factors fueling the growth of the market.
The use of high power LEDs in smart cities will be a significant...