Automotive LED Lighting Market 2019-2023 | Use of LEDs in Automotive Intelligence Lighting System Applications to Boost Growth | Technavio
Technavio has been monitoring the automotive LED lighting market and it is poised to grow by USD 4.73 billion during 2019-2023, progressing at a CAGR of 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled global automotive LED lighting market 2019-2023 (Graphic: Business Wire)
Use of LEDs in automotive intelligence lighting system applications has been instrumental in driving the growth of the market. However, adoption of laser lighting in automobiles might hamper market growth. Request a free sample report
Automotive LED Lighting Market 2019-2023: Segmentation
Automotive LED Lighting Market is segmented as below:
To learn more about the global treds impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR32155
Automotive LED Lighting Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive LED lighting market report covers the following areas:
This study identifies growing popularity of adaptive lighting systems as one of the prime reasons driving the automotive LED lighting market growth during the next few years.
Automotive LED Lighting Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the automotive LED lighting market, including some of the vendors such as Hella GmbH & Co. KGaA, Hyundai Mobis Co. Ltd., KOITO Manufacturing Co. Ltd., LG Electronics (News - Alert) Inc., Magna International Inc., Magneti Marelli SpA, OSRAM GmbH, Stanley Electric Co. Ltd., Valeo SA and Varroc Group. Backed with competitive intelligence and benchmarking, our research reports on the automotive LED lighting market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Automotive LED Lighting Market 2019-2023: Key Highlights
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.