Automotive Lighting Market worth $30.4 billion by 2030 - Exclusive Report by MarketsandMarkets™
The exterior lighting application is projected to lead the automotive lighting market during the review period.
- The exterior lighting application is projected to lead the automotive lighting market during the review period.
- Thus, such advancement in exterior lighting is transforming the overall automotive lighting industry which will drive this market in upcoming years.
- The LED lighting market will become a prominent technology in the automotive industry by the end of 2030 as it is more efficient than other technologies and is useful for adaptive lighting features.
- On the other hand, mid-priced cars are getting installed with hybrid lighting, which combines halogen and LED lighting.