"Automotive Lighting Market for ICE & EVs by Technology (Halogen, LED, Xenon), Position (Front, Side, Rear, Interior), Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting & Region - Forecast to 2022", The Automotive Lighting Market is projected to grow at a CAGR of 6.80% from 2017 to 2022 and is expected to reach USD ... Read more
With the increase in applications of lighting systems, especially in passenger cars, the demand for energy-efficient lighting is on the rise. Owing to the properties such as low power consumption and high design flexibility, the demand for LED lighting has grown significantly in the past few years, especially in the interior lighting segment. However, technologically advanced laser systems are also projected to evolve and gain momentum during the next five to seven years.