Automotive Lighting Market Size worth USD 30.4 billion by 2030
The Automotive Lighting market 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. Luxury vehicles are mostly equipped with advanced lighting technologies, driving the demand of the automotive lighting...
Automotive Lighting Market Size, Share, Trends | Report [2030]
The Automotive Lighting Market Size 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...