Press release
The Automotive Lighting Market Detailed Analysis Of Current Industry Trends, Growth Forecast To 2026
Summary:According to the new market research report “Automotive Lighting Market” is published by Whipsmartmi.com
Keywords:
automotive lighting market, automotive lighting industry, lighting technology market, LED light technology market, LED lighting systems market, lighting in the passenger vehicles market, automotive lighting market, lighting applications report, lighting vendors market
The Global Automotive Lighting Market is projected to grow at a CAGR 4.19% from 2021 to 2026. Increase in premium and SUV sales, and advancements in lighting technology. LED light technology is estimated to grow at the fastest CAGR. Premium vehicles are installed typically with LED lights due to their numerous benefits such as low power consumption, more adaptive features, and high aesthetic value and increasing in number of newly manufactured vehicles installed with LED lighting systems.
View Complete Report @ https://whipsmartmi.com/Report/Automotive-Lighting-Market
Asia Pacific is anticipated to be the largest market in the global market due to rapid consumer adoption and high sales of automobiles. China and Japan garnered the largest shares within the market due to the high production & sales of vehicles. Additionally, manufacturers in these countries focus on technological advancements, including lighting, thus, driving the demand for automotive lighting.
Key Market Players includes are Hella (Germany), Marelli (Italy), Osram (Germany), Valeo (France), Continental (Germany), Philips (Netherlands), Bosch (Germany), Varroc (India), Hyundai Mobis (South Korea), Koito (Japan), Denso (Japan), North American Lighting (US), and Renesas (Japan).
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About Whipsmartmi:
Whipsmart MI provides fact-based consulting services to B2B and B2C market to help our clients to achieve incremental and transformational growth competing in their niche market. We facilitate their growth journey through an environment that is dominated by accelerating change, constant evolution of new business models, disruptive trends and technologies in their respective industry.
The Whipsmart Market bytes platform is created specifically for B2B and B2C players with consideration of the market knowledge and interest. With over 4,000 titles to choose from diverse industries, the coverage is comprehensive and the data is updated every quarter. Whipsmart uses comples AI based algorithms to gather economic intelligence from different agencies across the globe, combines them with primary information sources and builds projections that are accurate and dependable. With multiple download options and the flexibility to source almost any kind of intelligence on demand as per market interest.
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