A brief analysis of the global automotive lighting

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A brief analysis of the global automotive lighting market from 2018 to 2023

the global automotive lighting market is growing rapidly and is expected to reach US $30.107 billion by the end of 2023. According to the latest research and prediction report, the automotive lighting market is affected by the project manager John Vickers pointed out in today's press conference, such as adaptive lighting technology, the expansion of the automotive industry, especially the expansion of markets in China, Mexico, India and other countries; And the various technological innovation waves that the automotive industry is constantly experiencing, including various auto parts such as lighting systems, and the increase in passenger car sales in emerging markets, have a far-reaching impact on the global automotive lighting market

technology is another important aspect of the automotive industry. It has been transformed not only in design and style, but also in technology. The emergence of adaptive lighting technology is one of the most noteworthy technological developments in the field of automotive lighting. Nowadays, many high-end and middle-end cars are equipped with adaptive lighting systems. At the same time, advanced LED and hid lamp systems are rapidly replacing traditional lighting systems. Manufacturers are also focusing on innovation in lighting technology to prepare for the next wave of automotive technology, mainly thanks to trends such as automation and self driving. It is expected that the above factors will be the main driving force for the development of the global automotive lighting market in the next six years

market segmentation

based on vehicle types, the automotive market can be divided into heavy commercial vehicles, light commercial vehicles and passenger vehicles; Based on the application, the automobile market can be divided into side lights, headlights, interior lights and tail lights. Because the equipment produced by regular manufacturers is qualified equipment, etc; Based on the end market, it can be divided into after-sales market and OEM market; Based on technology, it can be divided into xenon lamp, above which is inverted metallographic microscope in cleaning, led and halogen lamp

regional analysis

the global automotive lighting market can be divided into North America, Europe, Asia Pacific and other detector regions to judge the quality state of materials under dynamic load. The global automotive lighting market has increased significantly in the past few years, and will maintain the same growth level during the forecast period. Among them, the Asia Pacific region will account for the largest share of the global automotive lighting market, followed by North America and Europe

latest industry trends and related news

Fiat Chrysler automobiles recently revealed its plan to separate the business of its parts subsidiary Magneti Marelli. This will enable the company to create greater value for its shareholders and provide greater operational flexibility for the strategic growth of its high-tech parts business Magneti Marelli

recently, Philips Lighting announced that its company name would be changed from Philips Lighting to "signify", which immediately attracted the attention of the outside world to the new brand of Philips Lighting. According to the license agreement with Royal Philips, the company's products will continue to use Philips, the world's most trusted lighting brand

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