2013-05-02

The Path to 80 Percent Market Share for LED Lights by 2020

Increased competition, steady cost reductions and improved technology performance are putting the LED lighting industry on a path to securing an 80 percent market share for lighting by 2020. In a briefing this morning hosted by Credit Suisse, lighting expert and former Philips Lighting CEO Ludo Carnotensis discussed the global competitive landscape for LED lighting and said that an "aggressive scenario" of 80 percent LED penetration is "in the cards." The industry's market share was just under 12 percent in 2012 and is expected to hit 25 percent...
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Display devices have been used for many years as a means of HMI (Human Machine Interface) to connect humans and machines interactively, and their usage are still expanding. Automotive interiors are no exception to this trend, with an increasing ... READ MORE
About LiDAR Automotive industry trends In recent years, many vehicles have been launched with ADAS (Advanced Driver Assistance Systems) as standard equipment. As the future evolves towards more automated driving, sensing around the vehicle i... READ MORE