Automotive Market Research Reports

  The global automotive lighting market size was valued at USD 19.64 billion in 2014 and is anticipated to reach USD 34.65 billion by 2022. Global automotive market will witness a steady growth with growing demand of automotive vehicle in the upcoming years. Increasing automotive production, rising concerns about vehicle safety, growing population and also government are driving the growth of the market. On addition to it, the increase in the purchasing power of the people is also creating opportunities for the market growth. Lighting is a vital component in automotive vehicles and plays a very important role in automotive safety. Automotive vehicle consists of variety of lights to increase the visibility in darkness and bad weather conditions and automotive lights also increase the conspicuity (that is the clarity of observing things) of the vehicle. The lighting system comprises of signalling and lighting devices. The lighting devices are placed in different locations of the vehicle

  Car mounted multimedia are devices which are installed on the cars that serve multiple purposes. Few examples of car mounted multimedia include mobile device holder, CD/DVD players, and GPS devices. The global car mounted multimedia market is witnessing huge growth and opportunities in the automotive industry and the trend is expected to continue over the forecast period. The various factors that are anticipated to be driving the global demand for car mounted multimedia include advancements in technology, favorable government regulations, and increasing awareness towards the rapidly evolving wireless technology. The increase in the global disposable incomes is also expected to benefit the overall market in the next few years. The enormously increasing growth in the number of cars sold each all over the world is additionally expected to drive the demand. The report “Car Mounted Multimedia Market Size & Forecast Report, 2014 - 2025” is available now at  https://www.millioninsights.

The global material handling equipment market size is anticipated to reach $41.1 billion by 2025. The market is projected to witness the high growth owing to the increasing manufacturing activities in the pharmaceuticals, chemical, food & beverages and automotive industries paired with safety concerns over the workplace. Moreover, a technological development like robotic arms, escalators, automation, etc. started an evolution in the industries which efficiently perform tasks with error free and time & cost saving manufacturing processes, may fuel the market growth. The increasing demand for retrieval systems and automated storage in pharmaceutical, food & beverages, chemical, and automotive industries are expected to be a key driving factor of the market growth due to the adoption of equipment by manufacturers in warehouses as well as the distribution & production centers. Request a Free Sample Copy of Material Handling Equipment Market Report @  https://www.millioninsi