Led Chip Market Official Research Report from 2023-2028
Ravinderimarc04 Jan, 2023Other
The global LED chip market size reached US$ 24.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 51.5 Billion by 2028, exhibiting a growth rate (CAGR) of 12.81% during 2023-2028. LED stands for light emitting diode, which is a two-lead semiconductor light source. These are used in a wide range of applications that vary from backlighting in electronic products such as LCD TVs, laptops, and phones, as well as in street lighting and automotive lighting, and general illumination.
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