In-Depth Analysis of the Automotive Lighting Market
The automotive lighting market size was 182.1 million units in 2023. The market will grow at a CAGR of more than 1% during 2023-2028. Government and business associations have established regulations and standards for automotive lighting systems. Lighting performance must meet the standards in terms of brightness, color, and beam patterns according to those laws. In 2023, Asia-Pacific accounted for a significant share of the market.
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