Global On-Highway Vehicle Lighting Market 2022-2028
Automotive lights hold great importance as they ensure the utmost safety while traveling. They illuminate the roadway ahead for the driver and increase the vehicle's visibility, allowing other drivers and pedestrians to see its presence, position, size, and direction of travel, and its driver's intentions. According to Gen Consulting Company, the global on-highway vehicle lighting market is set to achieve an incremental growth of USD 11 billion, acelerating at a CAGR of almost 5.1% during the forecast period 2022-2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global on-highway vehicle lighting market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the on-highway vehicle lighting industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, vehicle type, and region. The global market for on-highway vehicle lighting can be segmented by product: halogen, HID, incandescent, LASER, LED. On-highway vehicle lighting market is further segmented by application: exterior lights, headlights, interior lights. Based on vehicle type, the on-highway vehicle lighting market is segmented into: buses, motorcycle, passenger cars, trucks. On the basis of region, the on-highway vehicle lighting market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).
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