Global Automotive Lighting System Market

Transparency Market

Research

Automotive Lighting System Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast

2015 - 2021

Published Date

2015-04-29

130 Page Report

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Press Release

Global Automotive Lighting System Market to be driven by

the expanding Global Automotive Market

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Automotive Lighting System Market

REPORT DESCRIPTION

Automotive Lighting System Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2015 – 2021

A recently released report by Transparency Market Research (TMR) forecasts that the global

automotive lighting system market will expand at a healthy CAGR of 8.10% from 2015 to 2021.

TMR, a market intelligence firm, states that by 2021, the global automotive lighting system

market will reach US$34.1 bn from US$19.9 bn in 2014. The report, titled ‘ Automotive Lighting

System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

2015 - 2021’, is available for sale on the company website.

Browse The Market Research Report of Automotive Lighting System

Market :http://www.transparencymarketresearch.com/automotive-lightingmarket.html

According to this TMR report, one of the main factors driving the global automotive lighting

system market is the expanding global automotive market. Surging production of vehicles is a

demand side driver whereas the introduction of advanced lighting technologies is a supply side

driver in the global automotive lighting system market. Halogen, HID, and LED are the most

widely used technologies in this market. With a shift of focus of the global automotive market

towards customer comfort and safety, the global automotive lighting system market is expected

to witness surging demand in the forthcoming years. Lighting...