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Showing posts with the label Automotive Exterior Smart Lighting Market growth and share

Automotive Exterior Smart Lighting Market Trends- Navigating the Path to Sustainable and Effective Solutions

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  According to TechSci Research report, “ Global Automotive Exterior Smart Lighting Market -  Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global   Automotive Exterior Smart Lighting Market  stood at USD 1.1 billion in 2022 and is anticipated to grow with a CAGR of 6.06% in the forecast period, 2024-2028.  Market CAGR for automotive exterior smart lighting is driven by the increasing adoption of cutting-edge technology products. Vehicle manufacturers are continuously working to create technologically advanced features that are efficient, lightweight, and small. Emerging technologies include laser, OLED, and matrix-led lighting. The high-beam unit of a matrix LED contains 25 separate elements. The matrix LED light can respond appropriately to other automobiles’ gratitude for the high-beam feature. Because matrix LED is attached to the sensors, it automatically deactivates, activates, or dims the light, confirming that ot...