Auto LED Market to hit $3.5bn in '21: TrendForce

Automotive LED maker revenue, 2020-21 (TrendForce) TrendForce say growth momentum from increasing automotive market shipments and the rising prevalence of LED vehicle lighting has driven the global automotive LED market to an estimated value over USD $3.5bn in 2021, a 31.8 per cent YoY growth rate. The surge is supported by a global uptake rate…

To access this post, you must register DVN Lighting Gold Membership.

Hector Fratty

Hector Fratty, DrivingVisionNews President and Founder has been for his entire career in automotive lighting. From 1995 to 2006, he was Valeo Lighting Systems’ chief of R&D, managing a staff of 650 engineers and technicians and a budget of over €70m. He holds 20 patents worldwide. In 2008, after 2 years’ consultancy, he initiated the launch of Driving Vision News, a news pipeline dedicated to keeping the lighting and driver assistance community informed of the latest progress and development in the industry. Hector Fratty presides over the highly‐regarded biennial VISION Congress international automotive lighting and driver assistance symposium. Hector Fratty is also a member of the ISAL steering committees.