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Automotive Illuminated Grille, Global Key Players Rank and Market Share, Top 3 Companies Hold 84% (2


Automotive Illuminated Grille is an important part of the car, and the technology involved is also very high-end and advanced.
As the electrification of automobiles develops faster and faster, the air intake function of traditional grilles begins to weaken. In some new car companies, the grilles gradually disappear or become smaller. Some car companies also add interactive elements to the grille design. Digital elements with mainly decorative functions, Automotive Illuminated Grilles emerged at the historic moment.
Automotive illuminated grilles can personalize the front face of the car and increase the recognition of the car brand. Especially at night, the luminous grille can play a lighting role, making the front face more technological and making the entire vehicle look cooler. Starting in 2019, high-end car manufacturers such as BMW adopted Automotive Illuminated Grille in their models, setting a precedent for the market. With the continuous advancement of technology, the Automotive Illuminated Grille market shows broad prospects and is expected to expand to more automobile manufacturers and models, covering the high-end to mid-low-end markets.
According to the new market research report “Global Automotive Illuminated Grille Market Report 2023-2029”, published by QYResearch, the global Automotive Illuminated Grille market size is projected to reach USD 1.21 billion by 2029, at a CAGR of 50.3% during the forecast period.

Market Drivers:
1.Industrial Policy Encouragement:
Countries have successively introduced a series of support and encouragement policies to provide policy guarantees for the development of the automobile industry and the upstream auto parts industry.
2.Increasing Income:With the increase in per capita disposable income, residents' car consumption capacity will become stronger and stronger. Coupled with people's yearning for a better life, the demand for automotive lighting grilles will continue to increase in the future.
3.Against the background of electrification, intelligence and the improvement of automobile consumption attributes, automobile models are iterating faster and new product function requirements are higher.

Restraint:
1.Organic Growth in Existing Market:The development of the automobile industry has increased the demand for automobile lighting grilles. In the future, with the continuous development of the automotive industry, the automotive lighting grille industry has a bright future.
2.New Application Scenarios:Lighting grille technology can use the entire car grille as lighting equipment, and can provide a variety of scene modes, such as autonomous driving mode, electric vehicle charging mode, welcome light mode, sound beat display, emergency warning light and other scenes, among the vehicles.
3.Product Advancement and Technological Innovation.

For more information, please contact the following e-mail address:
Email: global@qyresearch.com
Website: https://www.qyresearch.com
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.


Target State: All States
Target City : All Cities
Last Update : 29 March 2024 7:15 AM
Number of Views: 10
Item  Owner  : Joyce
Contact Email:
Contact Phone: 13051817187

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