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Industry News Express
Demand Rebounds, Global LED Industry Revenue Expected to Grow 3% in 2024
According to TrendForce's latest LED Industry Report, the global market is set to recover in 2024, with estimated revenues reaching US$13 billion—marking a year-on-year growth of 3%. This recovery is primarily driven by demand from various sectors, including automotive lighting and displays, general/ architectural/ agricultural lighting, LED video walls, and UV/IR LEDs.
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