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Automotive Lighting System Market to be Worth US$38.493 billion by 2024

The global automotive lighting system market was valued at US$28.668 billion in 2018 and is expected to grow at a CAGR of 5.83% over the forecast period to reach US$38.493 billion by 2024.Technological advancement in automotive industry and adoption of LED lights are major growth factor of automotive lighting system market.<br>

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Automotive Lighting System Market to be Worth US$38.493 billion by 2024

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  1. Automotive Lighting System Market Forecast From 2020 to 2025

  2. DESCRIPTION The global automotive lighting system market was valued at US$28.668 billion in 2018 and is expected to grow at a CAGR of 5.83% over the forecast period to reach a total market size of US$38.493 billion by 2024. Lighting has a significant value in the automobile industry. They have applications in the interior as well as the exterior of a vehicle. The automotive lighting system has a significant share in the global LED market. The growing production of automobiles is driving the market of the automotive lighting system. 

  3. Key Questions Answered By The Report • What will be theAutomotive Lighting System Market from 2020 to 2025? • How are the major drivers and restraints affecting the Automotive Lighting System Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

  4. Segments Covered Under Automotive Lighting System Market are : • By Technology • LED • Halogen • Xenon • By Vehicle Type • Economy • Mid-range • Luxury • By Application • Interior Lighting • Car Body Lighting • Ambient Lighting • Reading Lights • Roof Console • Exterior Lighting • Head Lamps • Rear Lamps • Side Lighting • Others

  5. Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others

  6. Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others

  7. COMPANY PROFILES • Magneti Marelli S.p.A • Osram Group • Valeo • HELLA GmbH & Co. • Merck KGaA • Koninklijke Philips N.V. • Samsung Electronics Co. Ltd. • Sigma International • Bosch Limited • Magna International Inc.

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