
04:45 ET Off Highway Vehicle Lighting Market to Reach $2.3 Billion, Globally, by 2034 at 8.3% CAGR: Allied Market Research

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Allied Market Research reports that the global off-highway vehicle lighting market is projected to grow from $1.1 billion in 2024 to $2.3 billion by 2034, at a CAGR of 8.3%. Key growth drivers include the rise in demand for advanced lighting solutions for safety and visibility, the shift towards energy-efficient LED technology, and increased infrastructure development. The LED segment dominated the market in 2024, with head lamps and tractors also holding significant shares. Challenges include high initial costs and compatibility issues with existing systems.
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