Global Automotive Lighting Market 2021-2025 The analyst has been monitoring the automotive lighting market and it is poised to grow by $ 12. 98 bn during 2021-2025, progressing at a CAGR of almost 9% during the forecast period.
New York, June 10, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Automotive lighting Market 2021-2025" - https://www.reportlinker.com/p0962711/?utm_source=GNW
Our report on automotive lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for effective interior lighting and rise in penetration of LED lighting. In addition, increasing demand for effective interior lighting is anticipated to boost the growth of the market as well.
The automotive lighting market analysis includes application segment and geographic landscape.
The automotive lighting market is segmented as below:
• Passenger cars
• Commercial vehicles
• North America
• South America
This study identifies the stringent regulations on road safety as one of the prime reasons driving the automotive lighting market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automotive lighting market covers the following areas:
• Automotive lighting market sizing
• Automotive lighting market forecast
• Automotive lighting market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive lighting market vendors that include General Electric Co., HELLA GmbH and Co. KGaA, Hyundai Mobis Co. Ltd., KOITO MANUFACTURING CO., Ltd., Koninklijke Philips NV, LG Electronics Inc., Magneti Marelli CK Holdings Co. Ltd., OSRAM GmbH, Samsung Electronics Co. Ltd., and Valeo SA. Also, the automotive lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p0962711/?utm_source=GNW
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