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Automotive Lighting Market Revenue Is Expected to Grow at CAGR of 12% Owing to Escalated Demand From Automotive Industries Till 2022: Grand View Research, Inc.

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SAN FRANCISCO, CA–(Marketwired – Feb 15, 2016) – The automotive lighting market is expected to reach USD 34.65 billion by 2022, according to a new study by Grand View Research, Inc. Growing safety concerns and stringent government regulations are expected to drive demand over the next seven years. Rising awareness among consumers regarding the importance of adaptive light solutions such as glare-free high beam and dynamic bend lights is also anticipated to fuel exterior lighting demand.

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