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Global Automotive Adaptive Lighting Market to Reach $1.5 Billion by 2023, Reports BIS Research
The report addresses the following questions about the global automotive adaptive lighting market:- What is the market size, in terms of revenue, of the global automotive adaptive lighting market from 2016-2023? However, the penetration of LED lighting is the highest in comparison to other lighting sources for automotive adaptive lighting market. Browse 78 market data Tables and 107 Figures spread through 201 Pages and in-depth TOC on 'Global Automotive Adaptive Lighting Market' https://bisresearch.com/industry-report/global-automotive-adaptive-lighting-market-2023.html . BLOOMINGTON, Minnesota, Jun 22, 2017 (PR Newswire Europe via COMTEX) -- BLOOMINGTON, Minnesota, June 22, 2017 /PRNewswire/ --According to a new market research report by BIS Research, titled 'Global Automotive Adaptive Lighting Market - Analysis and Forecast (2017-2023) [https://bisresearch.com/industry-report/global-automotive-adaptive-lighting-market-2023.html ] ', the automotive adaptive lighting market is estimated to reach $1.5 billion by 2023 at a CAGR of 13% from 2017 to 2023. The landscape of the automotive adaptive lighting market has transformed drastically with the integration of modern technologies in the lighting industry.Automotive Lighting was fined 16.3 million euros while Hella received a fine of 10.4 million euros. BRUSSELS -- The European Union has fined car lighting system producers Automotive Lighting and Hella 27 million euros ($30.1 million) for operating a cartel with Valeo, which escaped a fine. Valeo revealed the existence of the cartel, thereby escaping a fine of over 30.5 million euros, the Commission said. The U.S. Justice Department said in March that 48 companies, along with 65 executives, have been charged in the ongoing investigation and have agreed to more than $2.9 billion in criminal fines. Three lighting producers harmed car and commercial vehicle manufacturers by colluding instead of competing against each other," Competition Commissioner Margrethe Vestager said in a statement on Wednesday.
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