Automotive Exterior Smart Lighting Market Type, Growth 2030

August 3, 2023 ⚊ 1 Min read ⚊ Views 29 ⚊ BUSINESS

Automotive Exterior Smart Lighting Market
According to Vertex Business Insights, the market for Automotive Exterior Smart Lighting Market was estimated to be worth USD 1.1 billion in 2021. A compound annual growth rate (CAGR) of 6.00% is anticipated for the automobile exterior smart lighting market, taking it from USD 1.17 billion in 2022 to USD 1.86 billion by 2030.
The primary market factors fostering market expansion are strict government rules regarding vehicle security and rapid technical progress in the automobile industry in emerging nations.
Automotive exterior smart lighting is the term used to describe cutting-edge lighting systems that are put on the outside of vehicles and contain intelligent and smart components. The purpose of these lighting systems is to improve the vehicle’s functionality, safety, and appearance.

Read details: http://www.vertexbusinessinsights.com/main_report/97/automotive-exterior-smart-lighting-market

Tags: Automotive Exterior Smart Lighting Market

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