Automotive Lighting Market Size to Hit USD 30.4 Billion by 2030
The Automotive Lighting market size is projected to grow from USD 22.5 Billion in 2023 to USD 30.4 Billion by 2030 at a CAGR of 4.4% during the forecast period. The growing sales of luxury vehicles in developed countries and SUVs in developing countries primarily drive lighting sales. The luxury vehicles are mostly equipped with advanced lighting technologies, driving the demand of the automotive...
Car as a Connected Living Ecosystem to Hit worth $1.5 trillion by 2035
The automotive industry is undergoing a profound transformation, driven by the convergence of technology and mobility. The car is no longer merely a transportation device; it’s evolving into a connected living ecosystem, offering a range of services and features that enhance the driving experience and integrate seamlessly with our digital lives.
Market Size and Share
The market for connected...
Future Of Automotive Industry Size, Share, Trends | Forecast [2030]
The automotive industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%.
The growth of the automotive industry is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along with installation of fast and ultra-fast charging...