The Automotive Light Emitting Diode (LED) Bulbs Global Market Report 2023, provides comprehensive information on the automotive light emitting diode (LED) bulbs market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Automotive Light Emitting Diode (LED) Bulbs Market’s Growth:
As per The Business Research Company’s Automotive Light Emitting Diode (LED) Bulbs Global Market Report 2023, the global automotive light emitting diode (LED) bulbs market size will grow from $8.81 billion in 2022 to $9.32 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automotive light emitting diode (LED) bulbs market size is expected to grow to $14.51 billion in 2027 at a CAGR of 11.7%.
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The automotive light emitting diode (LED) bulbs market is segmented:
1) By Vehicle Type: Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle(HCV)
2)By Adaptive Lighting: Front Adaptive Lighting, Rear Adaptive Lighting, Ambient Adaptive Lighting
3) By Sales Channel: OEM, Aftermarket
Asia-Pacific was the largest region in the automotive light emitting diode (LED) bulbs market in 2022.
The table of contents in TBRC’s automotive light emitting diode (LED) bulbs market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
.
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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