High Brightness LED Market Research Report, by Application (Automotive Lighting, General Lighting, L
Soham26 Nov, 2021Technology
Global High Brightness LED market is expected to grow from USD 17.67 billion in 2017 to USD 23.32 billion by 2023, at a CAGR of 9.73% during the forecast period. High brightness light emitting diodes, also known as HBLEDs are light emitting diodes that generate over 50 lumens output while consuming power of more than 1 watt. These are increasingly finding lighting application owing to the high light output that they provide in comparison to traditional LED lumineers.
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