Automotive Lighting Market by Technology, Position, Adaptive Lighting and Region 2022 | MarketsandMarkets

1. MarketsandMarkets Presents Automotive Lighting Market by Technology, Position, Adaptive Lighting and Region 2022 | MarketsandMarkets https://www.marketsandmarkets.com/Market-Reports/automotive-lighting-market-1133.html

2. The Automotive Lighting Market is majorly driven by increasing vehicle production and increasing lighting applications, especially in passenger cars. Additionally, factors such as passenger and pedestrian safety regulations and increased demand for luxury, comfort, and ambience are driving technological advancements in the automotive lighting industry. The automotive lighting market is projected to grow at a CAGR of 6.80% from 2017 to 2022 and is expected to reach USD 29.97 Billion by 2022.Get The PDF Brochure For This Report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1133 Browse 119 market data tables and 52 figures spread through 241 pages and in-depth TOC on “Automotive Lighting Market” https://www.marketsandmarkets.com/Market-Reports/automotive-lighting-market-1133.html

3. The global automotive lighting market is segmented based on the position into front, rear, side, and interior. The front market is expected to showcase the largest market with halogen as the predominant technology in this position. In terms of lighting technology, the market is segmented into Halogen/incandescent, Xenon/HID, and LED.  The LED segment is projected to grow at the fastest rate from 2017 to 2022. This growth can be attributed to the benefits of LED lighting such as bright illumination, lower temperature and energy consumption, and flexibility in designing, which has also popularized the technology in interior lighting. The passenger car segment is projected to lead the automotive lighting market, in terms of volume and value as well as growth rate, followed by light commercial vehicles (LCV), trucks, and buses. The Automotive Lighting Market is segmented by application into exterior (Head, Side, Tail, Fog, DRL, and CHMSL) and interior (dashboard, glovebox, reading, dome, and rear view mirror). Don’t miss out on business opportunities in Automotive Lighting Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

4. Request Sample Pages of the Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1133 “Automotive front lighting to be the largest segment“ The study considers four lighting positions in a vehicle for the estimation of the market size, namely, front, rear, side, and interior. The front lighting market is projected to constitute the largest lighting market, by value, in 2022. Driver safety and advanced features such as auto on/off and auto leveling are some of the adaptive lighting solutions that are gaining popularity in the front lighting segment. Halogen is presently dominating the front lighting segment. However, owing to benefits such as operation at lower temperature, low energy consumption, and freedom to design, advanced technologies such as LED projector headlamps are gaining popularity in recent years. The Laser technology is new to the market and is gaining popularity owing to its bright illumination. “Interior lighting segment to grow at the fastest pace in the Lighting market for Automotive” With the increase in use of LED lights for interior applications, the segment has increasingly grown in vehicles across the globe. OLED lighting offers design flexibility and can be used even for minute lighting solutions. With such technological advancement, it has become possible for the manufacturer to offer advanced lighting solutions such as mood lighting. Hence, with technological and design modifications, the interior lighting market is expected to be the fastest growing market.

5. The Automotive Lighting Market is dominated by players like HellaKGaAHueck & Co. (Germany), Osram (Germany), MagnetiMarelli (Italy), Koito Manufacturing Co., Ltd (Japan), and Stanley Electric (Japan). https://www.marketsandmarkets.com/Market-Reports/automotive-lighting-market-1133.html

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