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Monday, November 11, 2024The automotive interior ambient lighting system market is experiencing steady growth, driven by the rising demand for advanced, customizable, and aesthetically pleasing vehicle interiors. Key factors fueling this growth include the increasing popularity of premium vehicles, advancements in lighting technologies, and consumer preferences for comfort and safety features. The market is especially prominent in regions like East Asia, North America, and Europe, where demand for luxurious and high-tech vehicles is strong. While challenges such as high production costs and competition exist, the market is expected to expand with innovations in energy-efficient and smart lighting solutions, particularly in the premium and ...
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Tuesday, August 27, 2024Automotive Plastic Market Outlook from 2024 to 2034 The global automotive plastic market size is anticipated to reach USD 75,188.3 million in 2024. It is projected to surge at a CAGR of 6.8% during the forecast period of 2024 to 2034. It will likely attain a value of USD 145,333 million by 2034 and is anticipated to showcase a Y-o-Y growth of 6.4% in 2024.Automotive plastic comprises a wide range of polymeric materials that are used in the manufacturing of conventional and electric vehicles. These materials are selected due to their favorable and compatible properties. The use of plastic in ...