Forecast of Global LED Secondary Optic Market 2023

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Global LED Secondary Optic Maket will register a 23.0% CAGR in terms of revenue, reach US$ 2370 million by 2023, from US$ 690 million in 2017. Secondary optics are those optics which exist outside of the LED package, such as reflector, TIR lenses, Fresnel lenses, and pillow lenses. Secondary optics are used to create the desired appearance and beam pattern of the LED signal lamp.

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