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Global and China Automotive Lighting Market Report 2022: The Cooperation and Self-Development Dual Approach Sets the Trend for Intelligence

Retrieved on: 
Wednesday, November 9, 2022

DUBLIN, Nov. 9, 2022 /PRNewswire/ -- The "China Automotive Lighting Market Research Report, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 9, 2022 /PRNewswire/ -- The "China Automotive Lighting Market Research Report, 2022" report has been added to ResearchAndMarkets.com's offering.
  • As the pace of automotive lighting intelligence accelerates and the value of intelligent lighting per vehicle rises, we predict that China's automotive lighting market will be valued up to RMB80.9 billion in 2024.
  • In 2021, two Chinese companies, HASCO Vision (a holding subsidiary of SAIC Group) and Changzhou Xingyu Automotive Lighting Systems edged into the club of leading global automotive lighting manufacturers.
  • To meet consumers' needs for automotive lighting systems, OEMs enhance automotive lighting intelligence by way of working with lighting manufacturers and independently developing, a dual approach setting the trend for automotive lighting.