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...
The Asia Pacific region is the largest market for thermally conductive grease across the globe
The Asia Pacific region led the thermally conductive grease market, in terms of both value as well as volume. The growth of the Asia Pacific thermally conductive grease market is due to the increased use of thermally conductive grease by different end-use industries in China, India, Japan, South Korea, and Rest of Asia Pacific. Improving economic condition in the region have led to an increased...
Hospital Lighting Market – Global Growth Driving Factors | Emerging Trends
The increasing adoption of led based lighting products to drive the hospital lighting market to reach USD 7.03 billion by 2021
The increasing adoption of LED based lighting products and increasing number of hospital in emerging economies are the key factor driving the market growth. Moreover, increasing government support to energy efficiency program for hospitals is contributing to the growth of market.
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