Automotive Lighting Market Size, Share, Report 2027
The automotive lighting market is estimated to be USD 21.9 billion in 2022 to USD 28.5 billion in 2027, at a CAGR of 5.3%. Growing vehicle production coupled with government regulations mandating adaptive lighting for enhanced safety and comfort is expected to boost the automotive lighting market. The rising demand for premium vehicles is expected to drive the growth of advanced lighting systems.
The...
Automotive Lighting Market Size, Share & Growth 2027
The Automotive Lighting Market is projected to reach USD 28.5 billion by 2027 from an estimated USD 21.9 billion in 2022 at a CAGR of 5.3% during the forecast period, driven by developments in the automotive light sector and growing LED technology adoption. For instance, in 2020, AGC Inc announced the mandates to implement automatic lights on all new vehicles, which helps to reduce the accidents due...
Automotive Lighting Market Size, Share, Analysis & Opportunities 2027
The automotive lighting market is estimated to be USD 21.9 billion in 2022 to USD 28.5 billion in 2027, at a CAGR of 5.3%. Growing vehicle production coupled with government regulations mandating adaptive lighting for enhanced safety and comfort is expected to boost the automotive lighting market. The rising demand for premium vehicles is expected to drive the growth of advanced lighting systems.
The...
Automotive Lighting Market Size, Share, Trends, Outlook 2027
The automotive lighting market is estimated to be USD 21.9 billion in 2022 to USD 28.5 billion in 2027, at a CAGR of 5.3%. Growing vehicle production coupled with government regulations mandating adaptive lighting for enhanced safety and comfort is expected to boost the automotive lighting market. The rising demand for premium vehicles is expected to drive the growth of advanced lighting systems.
The...