Photoelectric Sensors Market - Know the Latest Trends and Scope in the Industry

Transparency Market Research (TMR) observes the global photoelectric sensors market is fragmented and competitive vendor landscape. The market features numerous players operating in the global market for photoelectric sensors coupled with growing research and development (R&D) activities is intensifying the competition among them. Some of the prominent players operating in the market are Rockwell Automation Inc., Avago Corporation, Keyence Corporation, Omron Corporation, and Panasonic Corporation.

A report from TMR estimates, the global photoelectric sensors market valued at US$400 mn in the year 2015 and is predicted to attain a value of US$1,703.2 mn by 2024. The market is expected to expand with a CAGR of 17.8% over the forecast period from 2015 to 2024. Based on the volume, the market was valued at 30.5 million units in the year 2015 and is expected to reach units 167.0 million by 2024, by exhibiting the rate of 21.2%. Based on technology, the photoelectric sensors market dominated by the retro-reflective technology by accounting the largest share of about 45% share in 2015 of the overall market. Based on the region, the photoelectric sensors market was dominated by the Europe region in the year 2015 and is expected to remain dominant over the forecast period owing to the growing demand for automation in numerous industries.

Advancements of Photoelectric Sensors to Boost Growth

The photoelectric sensors are employed to detect the size, color, shape, and distance of the target entity. The sensors use light to perform some of the tasks coupled with the ability to detect the substances and non-metal objects. Self-contained sensors are designed to attach with the electronics and optics. The unit comprises the light transmitter and receiver. These sensors emit light in order to target the reflected and light beam, which is received by the photoelectric receiver. These advantages of the photoelectric sensors are widening its applications across numerous applications and which is boosting the growth of the global photoelectric sensors market.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8479

These applications are packaging, logistics, and semiconductor devices are some of the primary sectors, which are increasingly demanding the photoelectric sensors. Additionally, the advantages and advancements are widening its uptake across the object detection, glass detection, and others. Widening its applications in the polarization filter and in infrared areas due to its faster working is propelling growth of the global photoelectric sensors market.

Growing Uptake in Numerous Industries to Propel Growth

The demand of the photoelectric sensors is growing substantially from chemicals, manufacturing industries, automobile, among other industries. This growing demand for photoelectric sensors from numerous end-use industries is propelling growth of the global photoelectric sensors market.

Despite these prospects, the high cost of the fiber optic photoelectric sensor is limiting the growth of the global photoelectric sensors market. Additionally, the introduction of numerous alternatives such as nanotechnology is restraining the growth of the global photoelectric sensors market. Nonetheless, growing advancements and growing demand from numerous industries is offering lucrative opportunities for key players and is expected to offer opportunities over the forecast period.  

Read More Press Release@  https://www.prnewswire.com/news-releases/automotive-valves-market-to-reach-us34-2-bn-by-2022-due-to-rising-support-from-numerous-governments-noted-tmr-300816945.html

This information is encompassed in the new report by TMR, titled “Photoelectric Sensors Market (By Technology - Retro-reflective, Diffuse and Through Beam, By Type - Proximity photoelectric sensor, Fiber optic photoelectric sensor and Others, By Application - Parking facilities, Elevators, Building Automation, Semiconductor Device, Packaging machines and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”  

Read More

Solid State Drive Market Emerging Trends, Region by Forecast to 2022

The increasing competition in the global solid state drive market is expected to create a consolidated market structure, as observed by Transparency Market Research. In 2014, Micron Technology, Intel Corporation, and Samsung Electronics Co., Ltd held 51% of share in the global solid state drive market. In addition, the key manufacturers are investing in research and development activities that could drive the demand in this market. To improve the geographical reach companies are investing in merger and acquisitions and targeting key segments that could help in providing strategic solution to clients and enterprises. Tapping new market to strengthen their geographical reach is also a business strategy used by these companies.

According to the statistics provided by Transparency Market Research, the global solid state drive market is projected to rise at 40.7% CAGR during the forecast period from 2015 to 2022. Rising at this rate the market is expected to touch US$29.4 bn by the end of 2022 progressing from US$ 15.4 bn as estimated in 2014.

Based on end user, in 2014, the client SSD segment led the global solid state drive market. As client SSDs are used in consumer tablets, notebooks, and desktops PC, they provide high performance, longer battery, and are light in weight their demand in increasing at a rapid pace. Based on geography, Asia Pacific is considered one of the key region due to the presence of leading players in the region. moreover, growing demand for mobile devices and laptops especially in countries like China, Japan, and South Korea has led to rise of this region. 

Growing Use of Solid State Drive in Mobile Phones to Drive Market Growth

As solid state drive are widely used in mobile phones, thus, with bolstering demand in the mobile phone industry is likely to boost the demand for solid state drive. To reduce the application launch time and enhance the performance of mobile phones solid state drives are used. Leading mobile companies such as Apple has incorporated SSDs in mobile devices, which has further augmented the demand in this market. Moreover, hand-held devices such as ultraportable computers and notebooks where SSDs plays a crucial role in primary storage has increased large growth opportunity for the solid state drive market. High performing features such as garbage correction, error correction, and encryption and less power consumption are some of the other noticeable factors driving the solid state drive market.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2978

High Cost to Restrain Demand for Solid State Drive 

On the other hand, few challenges are hampering the growth in the solid state drive market. High cost of solid state drive is one of the key challenge hampering the growth of this market. High cost of raw materials, expensive manufacturing process, and relatively low market is impacting negatively on the market growth. In addition to that, inconsistency in low rate latency have also added in increasing the restraints faced in this market.  However, high cost is expected only for short duration as with time solid state devices will eventually beat HDD prices in the forthcoming years. This may limit the possibility of adoption of lucrative opportunity in the low-cost mobile sector. On the other hand, technological advancements are likely to benefit the market’s growth and increase the capability of solid state drive overpowering the services offered by HDD.

The information presented in this review is based on a TMR report, titled “Solid State Drive Market (End-user – Enterprise SSDs and Client SSDs; Interface – SATA SSDs, SAS SSDs, and PCI-E SSDs; Capacity – 80GB and Below, 81 GB to 230 GB, 231 GB to 500 GB, 501 GB to 1 TB, and 1 TB and Above) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022.

Read More

Dissolved Gas Analyzer Market Potential Targets, Assessment And Recommendations

Transparency Market Research delivers key insights on the global dissolved gas analyzer market. In terms of revenue, the global dissolved gas analyzer market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global dissolved gas analyzer market.

Dissolved gas analyzers monitor and detect developing faults within the main tanks of transformers and associated oil field equipment. Transformers have been employed since the earliest days of electricity generation and transmission. High thermal and electrical stress causes the mineral oil that is used in a power transformer to decompose. Hydrogen (H2), ethylene (C2H4), carbon monoxide (CO), methane (CH4), and acetylene (C2H2), among other gases, are formed as a result of this process. Such gases are formed depending on the faults of the transformer. The introduction of low-cost test methods for dissolved gases and the increasing number of aging power transformers are propelling the growth of the dissolved gas analyzers market.

Global Dissolved Gas Analyzer Market: Market Dynamics

Increased demand for tracking transformer safety in order to improve operational efficiency is expected to fuel the adoption of gas analyzers significantly during the forecast period. The primary use of dissolved gas analyzers is to detect faults in early-stage power transformers. They help energy companies (users) to set up maintenance programs that are designed to fix and prevent faults, and enhance the lifespan of power transformers.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4658

The dissolved gas analyzer (DGA) market is fueled by numerous technological advancements. Rising demand for safe power transformers prompts manufacturers to innovate and develop better technological solutions in order to fulfill the needs of customers. Increasing installation of power transformers, worldwide, is expected to drive the market in the near future. Rising number of environmental pollution-related programs aim to have a significant impact on the global economy. Different steps are being taken by various governments around the world to reduce carbon footprint, with the hope that the overall market would expand in the next few years. The demand for dissolved gas analyzers is estimated to increase in the near future, as end-user industries are focused on the enhancement of their equipment performance and reducing the risks involved in their use. Significantly high risk posed by power transformer facilities, due to lack of monetary resources and ageing and weakening labor force, may restrict the global market.

Global Dissolved Gas Analyzer Market: Prominent Regions

Asia Pacific is a dominant market for dissolved gas analyzers, globally. Expansion of the market in the region can be attributed to considerably high investments in research & development activities by manufacturers operating in the region. Moreover, the rising adoption of dissolved gas analyzers in developing economies in Asia Pacific, owing to technological advancements and cost-efficiency, is also attributed to drive the market in the region. Developing economies in the region are witnessing expansion of infrastructure; therefore, the installation of power transformers is increasing along with emerging research on online DGAs.

This, in turn, is boosting the overall demand for DGAs. The DGA market in North America is estimated to expand significantly during the forecast period, owing to the presence of aging power transformers in the region, which require safe monitoring. Therefore, the need to ensure the accurate detection of fault gases in new transformers is projected to fuel the demand for DGAs in the region. The dissolved gas analyzer markets in the Middle East & Africa and South America are expected to expand at a moderate pace in the near future, due to the considerable expansion of the oil & gas industry in these regions.

Read More Press Release@  https://www.prnewswire.com/news-releases/need-for-efficient-transportation-management-to-boost-intelligent-transportation-system-its-market-noted-tmr-300871155.html ​​​​​​​

Global Dissolved Gas Analyzer Market: Key Players

Key players operating in the global DGA market include LumaSense Technologies Inc., Weidmann, General Electric, Morgan Schaffer Corporation, ABB Ltd., Doble Engineering, Gatron Gmbh, OELCHECK Gmbh, SD Myers, Inc., Qualitrol Company LLC., EMH Energy-Messtechnik GmbH, and Sieyuan Electric Co. 

Read More

Photonic Integrated Circuits (PIC) Market Share and Recent Trends By 2027

According to a new research report pertaining to the photonic integrated circuits (PIC) market, published by Transparency Market Research, the global photonic integrated circuits market is expected to reach a value of ~ US$ 3.3 Bn by 2027, expanding at a CAGR of ~ 23% from 2019 to 2027. According to the report, the global PIC market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period. 

• In terms of application, the global photonic integrated circuits market has been segmented into optical communication, sensing, optical signal processing, and biophotonics.
• The optical communication segment in the PIC market is anticipated to dominate the market, due to a rise in the demand for optical communication systems that transmit large volume of data at high speed over a long distances.
• Furthermore, the adoption of optical communication systems offers additional advantages over electric communication, such as high bandwidth capability, low latency, and superior flexibility.
• Moreover, sensing applications are also anticipated to play a major role in driving the photonic integrated circuits market in the near future, as photonics offer electromagnetic immunity, metal-free operation, and low-cost integration with electronic devices, as well as high sensitivity in the field of optical sensing.

Planning to lay down future strategy? Perfect your plan with our report brochure here

The optical communication segment in the PIC market is anticipated to expand at a significant CAGR from 2019 to 2027. The sensing segment in the photonic integrated circuits market is also anticipated to expand at a substantial CAGR during the forecast period. 

Increasing Use of Silicon Technology in Photonic Integrated Circuits

• The report on the PIC market offers detailed segmentation of the global photonic integrated circuits market in terms of integration type (monolithic integration, hybrid integration, and module integration), raw material (indium phosphide, gallium arsenide, lithium niobate, silicon, silicon-on-insulator, and others), components (lasers, modulators, detectors, attenuators, multiplexers/de-multiplexers, and optical amplifiers), and application (optical communication, sensing, optical signal processing, and biophotonics). The global photonic integrated circuits market has also been segmented based on region (North America, Europe, Asia Pacific, Middle East and Africa, and South America).
• Among the raw materials, the silicon segment accounted for a substantial share of the global photonic integrated circuits market in 2018, and is anticipated to gain a higher market share during the forecast period, owing to low-cost integration of silicon-based PICs by using silicon-based semiconductor manufacturing techniques. 

North America to be a Highly Lucrative Market for PICs

• North America witnesses high investments in optical communication and sensing applications. The optical communication segment is anticipated to dominate the global photonic integrated circuits market throughout the forecast period, owing to the increasing penetration of PICs in long-haul and transport networks across the U.S. and Canada.
• Furthermore, with significant investments in sensing and biophotonics applications in the region, the photonic integrated circuits market in North America is anticipated to expand at a high CAGR during the forecast period.

Want to know the obstructions to your company’s growth in future? Request a PDF sample here

Moreover, the optical signal processing segment is anticipated to gain traction in the PIC market during the forecast period, owing to the increasing demand for higher bandwidth and data transfer rates for optical signal processing networks. 

Investments by Key Players to Boost Photonic Integrated Circuits Market

The report provides the profiles of leading players operating in the global photonic integrated circuits market. These include Agilent Technologies, Broadcom, Ciena Corporation, Enablence, Finisar Corporation, Hewlett Packard, Huawei Technologies Co., Ltd., Infinera Corporation, Intel Corporation, Kaiam Corp, Luxtera, MACOM, Mellanox Technologies, NeoPhotonics Corporation, Oclaro, Inc., TE Connectivity, Uniphase Inc., and VLC Photonics S.L.

Read More

GaN Semiconductor Devices Market Applications, Competitive Analysis, Industry Expansion Strategies, By 2027

Transparency Market Research delivers key insights on the global GaN semiconductor devices market. In terms of revenue, the global GaN semiconductor devices market is estimated to expand at a CAGR of 14.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global GaN semiconductor devices market.

Gallium nitride (GaN), a wide band gap semiconductor material, is a newer technology compared to other semiconductor materials, such as gallium arsenide (GaAs) and silicon carbide (SiC). GaN semiconductor devices offer a competitive advantage in terms of thermal performance, efficiency, weight, and size. GaN is the next-generation power semiconductor and hence, different countries are involved in developing widespread applications of GaN semiconductors. The wide band gap (WBG) semiconductor technology has matured rapidly over the last few years.

Based on product, the global GaN semiconductor devices market has been classified into power semiconductors, radio devices, and opto semiconductors. Among these, opto semiconductors are being adopted largely, as they absorb and emit light. Photodiodes, LEDs, solar cells, and semiconductor lasers are all categorized as opto semiconductors.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1034

Furthermore, based on end-use industry, the global GaN semiconductor devices market has been classified into information & communication technology, automotive, consumer electronics, aerospace & defense, and others. The consumer electronics sector is increasingly adopting GaN semiconductor devices, as GaN is widely incorporated into radio frequency devices, light-emitting diodes (LEDs), and power electronics, due to its ability to operate at a high frequency and high temperature. This, in turn, is expected to boost the global GaN semiconductor devices market during the forecast period.

GaN Semiconductor Devices Market: Dynamics

Improved responsiveness and enhanced battlefield performance are important areas of focus for the defense sector. Hence, a high level of integration is required between radar communication systems and electronic warfare devices that are used in military. Due to high breakdown voltage and rapid heat dissipation capacity, GaN semiconductor devices have benefitted the defense industry greatly. A major application of GaN in the military sector is its usage in HEMTs (high electron mobility transistors), which are required for high-frequency operations.

Furthermore, due to high temperature resistivity, low power consumption, high breakdown voltage, better thermal stability, and high electron mobility, GaN semiconductor devices are widely acknowledged as ‘green technology’ by different industrial sectors. These devices are largely used in light-emitting diodes (LEDs), radio frequency (RF) amplifiers, and power electronics, due to their unique properties. With rapid advancements in technology, usage of GaN is expected to be extended to various other commercial applications. Additionally, advancements intended to increase wafer diameters are expected to improve the efficiency and reduce the cost of GaN devices, eventually improving the performance of these devices and making GaN more acceptable compared to other semiconductor materials. These are expected to be prominent factors propelling the global GaN semiconductor devices market during the forecast period.

Read More Press Release@  https://www.prnewswire.com/news-releases/cognitive-computing-market-to-expand-at-phenomenal-rate-of-cagr-49-9-cloud-applications-to-promote-growth---tmr-300845175.html ​​​​​​​

GaN Semiconductor Devices Market: Prominent Regions

Asia Pacific is a dominant region of the global GaN semiconductor devices market. Growth of the market in the region can be attributed to presence of a large number of GaN raw material suppliers in the region. A majority of market players in this region are located in Japan, South Korea, and China. The lower production and labor costs in these countries are aiding manufacturers to set up their production facilities. Additionally, the GaN semiconductor devices market in Asia Pacific is primarily driven by the increasing demand from the consumer electronics sector, most importantly from mobile, communication, and computing segments of the sector. The electronics industry in countries such as China and India is expanding at a rapid pace. Hence, these countries are expected to be potential markets for GaN semiconductor devices in the near future.

In addition, China is planning to adopt LED and solid-state lighting technologies as well as radio frequency devices in the next few years. Thus, owing to growing economy and significant availability of skilled labor and raw materials, several companies are looking forward to shifting their manufacturing units to Asia Pacific. Considering all the above-mentioned factors, the GaN semiconductor devices market in Asia Pacific is expected to witness steady growth between 2019 and 2027. The market in North America and Europe is estimated to witness significant growth during the forecast period, due to wide utilization of GaN-based transistors in defense & military and consumer electronics sectors in these regions. The GaN semiconductor devices market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

GaN Semiconductor Devices Market: Key Players

Key players operating in the global GaN semiconductor devices market are Cree, Inc., Efficient Power Conversion Corporation, FUJITSU, GaN Systems, NICHIA CORPORATION, NXP Semiconductors, Renesas Electronics Corporation, Toshiba Corporation, Texas Instruments Incorporated, and Transphorm Inc.

Read More

Computer Numerical Controls (CNC) Market Segmentation, Gross Margin, Opportunity Assessment and Potential of the Industry by 2027

The computer numerical controls (CNC) market is characterized by a highly competitive vendor landscape, mainly due the presence of numerous players in the market. Participating in mergers & acquisitions, focusing on achieving product differentiation, and facilitating product regulation also are prime strategies implemented by most players operating in this market.

The competition is expected to intensify with new players entering the computer numerical controls (CNC) market on a regular basis, thus giving rise to a fierce rivalry between individual players. DMG Mori Co. Ltd., Haas Automation, Fanuc Corporation, Siemens AG, Dr. Johannes Heidenhain GmbH, GSK CNC Equipments Co. Ltd., JTEKT Corporation, Takisawa Machine Tool Co. Ltd., OKUMA Corporation, and Yamazaki Mazak Corporation, are chief players operating in the global computer numerical controls (CNC) market.

Statistically speaking, the global computer numerical controls (CNC) market is expected to fetch a revenue of US$ 115.1 bn by 2027, which is a significant rise from an initial revenue worth US$ 64.0 bn registered in 2018. This growth is expected to occur at a rising CAGR of 6.7% during the forecast period from 2019 to 2027.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2031

Need for Automation Boosts Market’s Growth

Rising concerns about reducing operational costs are being witnessed in several industrial sectors, consequently demanding large-scale automation. Such demands for automating various industrial processes is primarily driving the global computer numerical controls (CNC) market. This mainly because of reduction in overall manufacturing time and decreasing chances or human error to occur by using the CNC machines, consequently making them highly preferred.

Rising environmental concerns regarding reduction of industrial carbon footprint has led towards computer numerical controllers being increasingly used in place of manually operating machines. Doing this has resulted into improved efficiency being achieved by businesses working in the industrial domain, thereby being beneficial to the global computer controls (CNC) market.

Costly Maintenance and Servicing Dampens Product Sales

However, high costs associated with set up of CNC machines is profoundly retraining the market’s growth. This is as a result of low costs making it difficult for small-scale business with low capital to invest in the equipment. Even after the CNC instruments are purchased, they are quite costly to maintain, as they need to be serviced on a regular basis. Therefore, this factor is acting as a chief hindrance affecting the global computer controls (CNC) market. However, a slow-paced change has been occurring in the fundamental working mechanisms of the CNC machines, which is expected to reduce the workload and improve efficiency. Such changes are truly expected to offset some of the restraints affecting the global computer controls (CNC) market.

Read More Press Release@  https://www.prnewswire.com/news-releases/cognitive-computing-market-to-expand-at-phenomenal-rate-of-cagr-49-9-cloud-applications-to-promote-growth---tmr-300845175.html

This market is mainly spread across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of these, North America lead the pack with maximum revenue earned owing to a strong industrial infrastructure and associated development.

The study presented here is based on a report by Transparency Market Research (TMR), titled, “Computer Numerical Controls (CNC) Market (Types - Lathe Machines, Milling Machines, Lasers, Grinding Units, Welding Machines, and Winding Machines; Application - Automotive, Industrial, Power & Energy, and Defense & Aerospace) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027.”

Key Takeaways:

• Rising environmental concerns regarding reduction of industrial carbon footprint has led towards computer numerical controllers being increasingly used in place of manually operating machines
• The competition is expected to intensify with new players entering the computer numerical controls (CNC) market on a regular basis, thus giving rise to a fierce rivalry between individual players.

Read More

Automotive Lighting Market Strategy, Top Addressable Targets, Key Requirements

The automotive industry is flourishing and along with it, various other supporting industries are growing at a rapid rate. In the past recent years, demand for electronic vehicles has soared across the globe and gave the automotive industry various new avenues to grow and prosper. This growth has further augmented growth in the global automotive lighting industry. Advanced electric vehicles have different type and designs of lighting systems to attract customers and help automotive companies stand out of the league. Moreover, manufacturers focusing on improving visibility in the dark and providing better automotive lighting market functions in bad weather conditions.

 

Information presented in a report published by the Transparency Market Research reveals that the global automotive lighting market is likely to witness incremental opportunity of ~ US$ 18 billion over the period of eight years from 2019 to 2027. This market is also projected to reach ~ US$ 51.8 billion by the end of 2027. With such a high incremental opportunity available in the market, the key players are projected to grow and prosper significantly in the coming years.

The report gives systematic analysis on prominent players operating in the market including Magneti Marelli S.p.A, Hella KGaA Hueck & Co, ICHIKOH INDUSTRIES LTD, General Electric Co., Hyundai Mobis, SAMSUNG ELECTRONICS Co., Ltd, Royal Phillips Electronics, and Zizala Lichtsysteme GmbH. Leading players are engaged in extensive research and adopting advanced technologies to innovate their products. This will also help them in improving their position in the market against their competitors.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2775

Competition among the players in the global automotive lighting market is projected to increase considerably during this tenure. This is mainly because of the presence of a large number of players that have created a fragmented vendor landscape in the market. However, few players will have a higher position, as they can invest more money in research and development activities and can even manage with fluctuating cost of raw material. One of the recent examples is ZKW who started the production of the laser-beam headlamps first in the world for the BMW i8.

Asia Pacific Considered as a Promising Investment Pocket for Manufacturers in the Automotive Lighting Market

Asia Pacific is considered as a highly crucial region for the growth of the automotive lighting market. Lucrative opportunities available for automotive manufacturers, easy access to raw material, and increasing purchasing power of people are some of the leading factors augmenting growth in Asia Pacific automotive lighting market. Besides, the focus on improving fuel efficiency due to booming technological innovation in the automobile industry, manufacturers are also making persistent efforts in providing enhanced customer experience and high product quality. Moreover, they are also coming up with outstanding product features at a lower price range to meet buyer’s expectations. To work on all these areas, players in the lighting industry are expanding their presence mainly in China and India, as the automotive industry is growing massively in these regions. Low operating costs along with increased disposable income are other reasons for them to focus on these regions.

Thriving Production of Passenger Vehicles Augmenting Growth in Automotive Lighting Market

On the significant rise for passenger vehicles further boosted demand in the automotive lighting market. Globally, the production of passenger vehicles is three-time more than commercial vehicles. According to various studies, 30% of vehicle accidents occur at night, due to which the importance of advanced automotive lighting has increased in passenger vehicles. This factor is also influencing growth in the global automotive lighting market.

Read More Press Release@  https://www.prnewswire.com/news-releases/automotive-valves-market-to-reach-us34-2-bn-by-2022-due-to-rising-support-from-numerous-governments-noted-tmr-300816945.html ​​​​​​​

The study presented here is based on a report by Transparency Market Research (TMR) titled “Automotive Lighting Market (Vehicle Type - Passenger and Commercial; Application - Front lighting, Rear lighting, Interior Lighting, and Side lighting; Technology - Halogen, Xenon, and LED; Product Scale - OEMs and Aftermarket Product) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027”.

Read More