Global Automotive Lighting Market 2014-2018 : Size, Analysis
Automotive lighting, an indispensable component of automobiles is vital to passenger safety, comfort, and styling. It includes lighting and signaling devices fitted on the exterior and interior of the vehicle. While the primary use of automotive lighting is to provide visibility to the driver, improve vehicle conspicuity and alert the presence and position of the vehicle to others, it has established ground in the aesthetics of the vehicle. There have been constant developments in the Automotive Lighting market that deals with technological advancements, enhancement of safety, and lowering of energy consumption of the lighting units. The market is heavily reliant on demand in the Automotive industry. With the automotive industry set to witness strong growth, the Automotive Lighting market will grow significantly in terms of value and volume.
TechNavio's analysts forecast the Global Automotive Lighting market to grow at a CAGR of 7.53 percent over the period 2013-2018.
Complete report is available at :
http://www.researchbeam.com/global-automotive-lighting-2014-2018-market
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