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Automotive LED Light Market Report 2017 By Type (Headlamp, DRL, Sidelights, Turning Lights, CHMSL), Sales Channels Analysis, Trends and Forecast till 2022

04-09-2018 05:04 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

The global market discussion on automotive LED lights industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Automotive LED Light Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on automotive LED lights market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include OEM regions.

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Automotive LED Lights to Find Largest Application in Headlamps of Vehicles

Automotive LED lights are expected to find the largest application in headlamps of vehicles, with sales poised to exceed US$ 1,000 Mn in revenues by 2022-end. Brake lights are expected to be the second most lucrative application of automotive LED lights in the global market. In addition, sales of automotive LED lights for application in brake lights and sidelights are projected to register a parallel expansion at 8.7% CAGR through 2022.

Although aftermarket will continue to be the largest sales channel for automotive LED lights, sales in OEM are anticipated to exhibit a comparatively higher CAGR through 2022. Sales of automotive LED lights in aftermarket will account for over three-fourth revenue share of the market throughout the forecast period.

Accounting for more than one-third revenue share of the global market, Asia-Pacific excluding Japan (APEJ) will continue to be the most attractive market for automotive LED lights, in terms of revenues. Europe is expected to be the second largest market for automotive LED lights, with sales expanding at a CAGR of 8.5% through 2022.

Competition Tracking

Key market players listed in the Fact.MR’s report include OSRAM Licht AG, HELLA KGaA Hueck & Co., Koito Manufacturing Co., Ltd., Stanley Electric Co., Ltd., Koninklijke Philips N.V., Valeo SA, Imasen Electric Industrial Co., Ltd., Texas Instruments, Nichia Corporation, and General Electric Company.

Robust expansion of the automotive sector, coupled with soaring sales of lightweight vehicles, rising focus on energy efficiency, and stringent government policies & regulations concerning utilization of halogen and xenon automotive lights has also fuelled higher demand for LED lights in vehicles. However, high cost of LED lights remains a major challenge to its adoption in few areas, such as their application in headlamps. Currently, the high prices of automotive LED lights affects their aftermarket sales, especially across developing economies including India, China, and South Africa.

Browse Full Report with TOC@ https://www.factmr.com/report/243/automotive-led-light-market

Table of Contents:

Global Automotive LED Light Market – Executive Summary
Global Automotive LED Light Market Overview
2.1. Introduction
2.1.1. Global Automotive LED Light Market Taxonomy
2.1.2. Global Automotive LED Light Market Definition
2.2. Global Automotive LED Light Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Automotive LED Light Market Y-o-Y Growth
2.3. Global Automotive LED Light Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
Global Automotive LED Light Market Analysis and Forecast By Application
3.1. Global Automotive LED Light Market Size and Forecast By Application, 2012-2022
3.1.1. Headlamp Automotive LED Light Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. DRL Automotive LED Light Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Sidelights Automotive LED Light Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
3.1.4. Turning Lights Automotive LED Light Market Size and Forecast, 2012-2022
3.1.4.1. Revenue (US$ Mn) Comparison, By Region
3.1.4.2. Market Share Comparison, By Region
3.1.4.3. Y-o-Y growth Comparison, By Region
3.1.5. CHMSL Automotive LED Light Market Size and Forecast, 2012-2022
3.1.5.1. Revenue (US$ Mn) Comparison, By Region
3.1.5.2. Market Share Comparison, By Region
3.1.5.3. Y-o-Y growth Comparison, By Region
Continued……

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

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