HNY Research projects that the Lighting market size will grow from USD 21.63 Billion in 2017 to USD 31.98 Billion by 2023, at an estimated CAGR of 6.73%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The market growth can be attributed to the increase in vehicle production and lighting applications, especially in passenger cars. Alternatively, the electrical vehicle lighting market is projected to grow at a CAGR of 23.90% during the forecast period. This growth can be attributed to the increase in sales of electric vehicles as a result of emission regulations and government subsidies for these vehicles.
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By Market Players:
Hella KGaA Hueck & Co.?, Magneti Marelli?, Koito Manufacturing Co., Ltd.?, Stanley Electric Co., Ltd.?, Valeo S.A.?, Osram GmbH?, General Electric Company?, Ichikoh Industries, Ltd.?, Hyundai Mobis?, Koninklijke Philips N.V.?, Zizala Lichtsysteme GmbH, , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
By Application, Vehicle Type
Exterior , Interior , Automotive, , , , , ,
By Region, Position & Technology
Electric Vehicle Lighting 2018-2023?, , , , , , , ,
By Region & Function
Front Adaptive Lighting, Rear Adaptive Lighting, Ambient Lighting, Front Adaptive Lighting, , , , ,
By Technology, Position, Vehicle Type, & Region
Halogen/Incandescent, Xenon/ HID, LED, , , , , ,
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