Automotive Lighting Market Is Expected to Grow at a CAGR of 5.8% During 2018-2028
The approximately US$ 35 billion market for automotive lighting is estimated to observe just-under 5% Y-o-Y growth in 2019, according to a recently published Future Market Insights (FMI) report. While passenger cars have significantly driven the LED Automotive Lighting Sales, bright prospects have been foreseen for sales in electric, in line with the rising trend of vehicle electrification.
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