Automotive Laser Headlight System Market: Great Opportunities Available For The Vendors 2020 - 2030
Automotive Laser Headlight Market: Introduction According to the report, the global automotive laser headlight market is projected to surpass US$ 18.9 Bn by 2030 , expanding at a CAGR of ~27% during the forecast period. The increase in awareness regarding road safety across the globe is a main key factor driving the automotive laser headlight market. Moreover, technological progression and development of several advanced laser lights, such as intelligent laser headlight, is anticipated to boost the automotive sector, owing to the rise in demand for high-resolution adaptive headlights. High demand for vehicles is expected to boost the adoption of sensors in vehicles during the forecast period. According to the WHO, 1.25 million people die every year, globally, as result of road traffic accidents. Research by WHO shows that a majority of road traffic accidents, around 95% , are caused due to human error. In the U.S., the ra...