Future and Growth of Automotive Lighting Market by 2021

Automotive Lighting Market Information Report by Technology (Halogen, LED, and Xenon), by Vehicle Type (Two Wheeler, Commercial Vehicle & Passenger Vehicle), by Light Position (Front, Side, Rear and Interior) and by End Market (OEM & Aftermarket) and by Region – Global Forecast to 2022

Market Scenario

Lighting is an important component in automobiles. It plays an important role in safety factor. It is primarily used in automobiles to increase the visibility in darkness & in bad weather conditions. It also increases the conspicuity of the vehicle. Continuous development in the automotive industry & focusing on improve the efficiency of lighting, are the primary driving factors of the Automotive Lighting market. In addition, factors such as increasing vehicle production globally are also the driving factor for the Automotive Lighting market. However high cost of the lighting product act as restraints of the Automotive Lighting market.

Thus the Automotive Lighting market is expected to register a CAGR of about 7% during period of 2016 to 2022.
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Study Objectives of Automotive Lighting Market

  • To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Global Automotive Lighting Market
  • To provide insights about factors affecting the market growth
  • To Analyze the Global Automotive Lighting Market based on various factors such as supply chain analysis, and Porter’s five force analysis
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segments by Technology, by Vehicle Type, by Lighting Position, and by End market.
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Automotive Lighting Market.

 

Regional Analysis of Automotive Lighting Market

Asia-Pacific region hold the largest market share in Automotive Lighting market, because increasing automotive manufacturing activities and increasing energy efficiency demand in this region, increase the Automotive Lighting market. This region will witness the fastest growth in forecast period. European region will show the steady growth in forecast period because increasing adoption in the break, reverse, interior lights and signal indicators.

 

Key Players

The leading players in the Automotive Lighting markets are General Electric, Hella KgaA Heuck & Co., Stanley Electric Co ltd., Osram GmbH, Kononklijke Ichikoh Industries Ltd., Philips N.V., Koito Manufacturing Co. ltd., Valeo S.A., and Magneti Marelli S.P.A.

Intended Audience

  • Automotive Lighting manufacturers
  • Distributer & Supplier companies
  • consultants and Investment bankers
  • Government as well as Independent Regulatory Authorities

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Company Information

  • Profiling of key market players
  • SWOT analysis, and strategy  information of top five profile players in the report
  • Competitive landscape including emerging trends adopted by major companies

The report for Global Automotive Lighting Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

 

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