Global Automotive Tail Light Market is Anticipated to Grow US$ 12,238 Mn by 2022Posted by Jack Martin on August 21st, 2017 Fact.MR’s latest report projects that the global market for automotive tail light will expand at a miniscule CAGR between 2017 and 2022 to reach a valuation in excess of US$ 12,238 Mn. Traditionally, tail light has been an essential auto component but its limited scope of utility is undermining the prospects of its global market. Which is why, manufacturer are now trying to incorporate advanced lighting technologies in order to make their products more viable. For many years now, automotive tail lights have been serving as an important vehicle safety component that allows drivers to give signals or indications to other vehicles, helping avoid or-road collisions. In addition, many of the modern tail light designs also help in improving the looks of the car. The global market for automotive tail light is expected to be influenced by the incessant growth of the overall automotive industry in emerging countries such as China and India. Over the past couple of years, the global demand for vehicles has increased in leaps and bounds, which reflected positively on the automotive tail light market as well. Request For Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=3 Following are the key points from Fact.MR’s latest report on the global market for automotive tail light
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Competition Tracking Some of the prominent players operating in the global market for automotive tail light include Koninklijke Philips N.V., Phoenix Lamps Limited, UNOMINDA, OSRAM Licht AG, General Electric Company, Valeo S.A., Robert Bosch GmbH, Koito Manufacturing Co., Ltd., Sammoon Lighting & Electrical Co., Ltd., HELLA KGaA Hueck & Co., and Stanley Electric Co. Ltd., Click to View Complete Report @ https://www.factmr.com/report/3/tail-light-market About Us Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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