Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor automotive-perimeter-lighting-system-market (Reeya

Europe to Stay at the Fore in Automotive Perimeter Lighting System Market
Innovation in LED Lighting to Fuel Automotive Perimeter Lighting System
Market
Growing Environmental Awareness to Induce Automotive Perimeter Lighting
System Market Growth
Market Analysis
The global automotive perimeter lighting system market is projected to have an incredible growth at
12.56% CAGR over the predicted years (2017-2023). Automotive perimeter lighting system aids to
improve the visibility of the car, size, direction of travel and its position. It utilizes halo tubs and LED lights
for illuminating as well as the signaling purpose of a car. It is incorporated around vehicles at various
locations along side, front and back panels with an aim to boost the vehicle’s visibility that will benefit the
pedestrians and the driver alike. It comprises of license plate lights, door mirror lamps, door handle lamps
and puddle lamps. Also known as task lighting, it helps in illuminating the bed and other areas surrounding
the vehicle that ultimately helps owners in viewing their cars in poorly-lit conditions such as driveways,
camping grounds and dark worksites.
There are plentiful factors that is boosting the growth of the automotive perimeter lighting system
market. These factors as per the Market Research Future (MRFR) report include strict government
regulations concerning safety, safety lighting, accurate structure and integrated design, innovations in the
lighting technology, and advantages namely compact product design, on-road safety and performance.
The additional factors driving the market growth include integrated styling, needs less space, growing
environmental awareness, burgeoning need for perimeter lighting systems that are energy efficient,
massive growth in car sales across the world, innovation in LED lighting technology and boost in
purchasing power of consumers. On the contrary, issues related to durability, high cost of components
such as ceramic and brass utilized in perimeter lighting are factors that may hamper the growth of the
automotive perimeter system market over the predicted years.
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Market Segmentation
MRFR report provides an extensive segmental analysis of the automotive perimeter lighting system
market on the basis of type, material and application.
Based on type, the automotive perimeter lighting system market is segmented into fluorescent bulbs,
halo rings, LED lights and others.
Based on material, the automotive perimeter lighting system market is segmented into fiber, glass, plastic
and others.