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As a niche application with high profit, automotive LED lighting has been under the spotlight of many LEDmanufacturers. With 2019 starting, LEDinside would like to share some insights of the market trend on automotive LED.
Global vehicle sales slows down due to the US-China disputes
In the first half of 2018, car sales had slowly grown as the global economy was relatively stable. However, as the extra tariffs imposed by the Trump government came to effect in July, the on-going US-China dispute has created uncertainty in the global market and affected the sales of cars.
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Discover the latest trends of lighting industry