On-highway Vehicle Lighting Market Size Is Expected To Reach USD 37.74 Billion By 2028
San Francisco, 4 May 2021: The Report On-highway Vehicle Lighting Market Size, Share & Trends Analysis Report By Product (LED, LASER), By Application (Headlights, Interior Lights), By Vehicle Type, By Region, And Segment Forecasts, 2021 - 2028 The global on-highway vehicle lighting market size is expected to reach USD 37.74 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 4.9% from 2021 to 2028. The growing adoption of the latest technologies in automotive lighting and increasing penetration of LED lighting in the automotive industry are anticipated to drive the demand for on-highway vehicle lighting. Automotive lighting has continuously been evolving as manufacturers seek innovative ways to strengthen safety, improve performance, and enhance aesthetics. Headlamps are particularly expected to witness developments in line with advancements in LED and laser technologies. Prominent market players are coming up with las