LED light is a semiconductor which releases energy in the form of light when activated. LED lights are more efficient, power saving and durable than halogen or xenon light. Automotive LED lights are considered as an important part of modern automobiles. Traditionally, automotive LED lights were used as back lights but due to their better lighting system and power efficiency, nowadays they are used as headlights over the xenon and halogen light.
Global Automotive LED Lighting market is anticipated to reach USD 21.56 billion witnessing a CAGR of 8.92 % over the forecast period 2017-2024