How Will the Growth Unfold for Automotive Lighting Market Leaders: Ichikoh Industries, Ltd., Osram, Varroc Group, Robert Bosch
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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