The Global LED Materials Market capitalization is anticipated to touch USD 21,457.3 million by 2024, as per an in-depth report by Market Research Future (MRFR). It is expected to expand at a 10.92% CAGR during the assessment period (2018-2024) owing to pressing demand for energy efficient lights. LED materials comprise silicon, phosphor, and sapphire and primarily used in the manufacture of ... Read more
LED Materials consist of phosphor, silicon, and sapphire, and re highly used in the manufacture of LED lights. The global market for LED materials is highly influenced by the adoption of advanced technologies like IoT, artificial intelligence, and automation. With rapid urbanization, the LED materials market is estimated to propel. Adoption of LED in HDTV and smartphones is further considered to foster the market growth ... Read more
The Global LED Materials Market is predicted to touch USD 21,457.3 million at a 10.92% CAGR over the forecast period (2018-2024), states the new Market Research Future (MRFR) report. LED or light-emitting diode, simply put, is a semiconductor device which emits light the moment an electric current pass through it. It has some added advantage over stereotype bulbs such as non-splintery, high efficiency, and power saving. The efficiency, power ... Read more
