Global Automotive Lighting Market Size, Share, Trends and Industry Forecast 2030
The Automotive Lighting Market is projected to grow from an estimated USD 22.5 billion in 2023 to reach USD 30.4 billion by 2030 at a CAGR of 4.4% during the forecast period.
Automotive manufacturers are highly focused on developing new and innovative lighting to increase the driver’s and other road users’ aesthetic appeal and safety. Automotive lighting is an integral part of every...
Automotive Lighting Market Trends, Demand, Growth, Outlook 2027
The automotive light 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, 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, Trends, Outlook 2027
The automotive lighting market is projected to grow from USD 21.9 billion in 2022 to USD 28.5 billion in 2027, with a CAGR of 5.3%. This growth is primarily driven by the increasing production of vehicles and government regulations mandating adaptive lighting for improved safety and comfort. The demand for advanced lighting systems is also fueled by the growing preference for premium vehicles.
Among...
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...
Automotive Lighting Market Size, Trends & Demand 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.
LED...
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...
Innovations in Automotive Lighting: Opportunities and Challenges in the Global Market
The global automotive lighting market in terms of revenue was estimated to be worth $21.9 billion in 2022 and is poised to reach $28.5 billion by 2027, growing at a CAGR of 5.3% from 2022 to 2027.
The passenger Car segment is expected to be the largest and leading segment for the automotive lighting market
Passenger cars are expected to be the largest segment of the automotive lighting market....