A picture is worth a thousand words.

Automotive - OSRAM, JHM & D&O
Smart Cities/Smart Building/Smart Lighting – OSRAM, SUCCESS & IQGROUP
 

Extract from Reportlinker.com

“As per a report , the global LED lighting market is predicted to generate a revenue of $262.8 billion in 2030, rising from $67.6 billion in 2019, and is expected to exhibit a 12.9% CAGR during the forecast period (2020–2030). The two types of LED lighting solutions are lamps and luminaires, between which, the requirement for luminaires was higher in the past.”

EU GREEN DEAL

I expect the EU Green Deal to lead to a growing number of new regulations in the areas of digitalization and sustainability. Definitely IQGROUP is one of the LED makers that will benefit from it as it offers products and solutions in areas such as smart building, smart cities, specialty LED lighting, motion sensors and etc.

What is EU’s Green Deal???

https://www.signify.com/global/our-company/blog/sustainability/signify-european-green-deal

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