Automotive Lighting Market 2018 Global Future Trends, Sales, Size, Share, and Key Country Forecast To 2023

Automotive Lighting Market 2018 Research Report by MarketResearchFuture Industry Expert analyzes Global Automotive Lighting Market growing at Impressive growth rate. According to market expert this growth of Automotive Lighting Market will remain steady for coming years. Global Automotive Lighting Market by Technology (Halogen, LED, and Xenon), by Vehicle Type (Passenger Car, Light Commercial Vehicle & Heavy Commercial Vehicle), by Application (Front Lights, Side Lights, Rear Lights and Interior Lights) and by End Market (OEM & Aftermarket) and by Region analyzed for this global research report.

Some Major Players in the Automotive Lighting are analyzed in this report:

Magneti Marelli (Italy), Philips Lighting NV (Netherlands), Ichikoh Industries Ltd (Japan), HELLA KGaA Hueck & Co (Germany), KOITO MANUFACTURING CO., LTD.( Japan), ZKW Lichtsysteme GmbH  (Wieselburg), Peterson Manufacturing company (U.S.), OSRAM GmbH (Germany), Stanley Electric Co. Ltd (Japan), General Electric (U.S.) and among others.

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Global Automotive Lighting Market Insights:

The increase in sales of new vehicles has been fuelling the growth of automotive lighting market. The increase in the sales of new vehicles has mainly been because of competitive and diverse options available for finance. The availability of finance has eased the purchase of vehicles, due to which there has been a rise in the use of automotive lighting. Another factor responsible for the increase in vehicle sales, is the macroeconomic development and the rise in the global middle class consumers. According to OICA, the sales of new vehicles have been increased from 2013 to 2016. In 2013, the number of vehicle sold were 85.6 million while in 2016 it was 9.38 million.

Major emerging countries such as China, India, Thailand, and Indonesia, among others are becoming manufacturing hubs for global automotive players. As a result of increasing prosperity in the emerging economies, more and more people are able to afford their own car, particularly in emerging Asian economies such as China and India.

Global Automotive Lighting Market Regional Analysis:

Being home to the most populous countries of the world such as China and India among others, the dominance of APAC becomes evident in the global automotive lighting market value. The market has been experiencing rapid growth in the last two years owing to the rising sales of passenger cars, increasing usage of lighting on vehicles, increasing popularity of LED lights and technological advancements are giving a much needed thrust to the automotive lighting market. Another major reason behind APAC leading the global market is that the countries within this region were able to sustain its economy during the global economic crisis of 2008-09 and have been able to showcase continued growth in automobile production and sales across the globe.

China, being the largest populated country in the world, has gained the top position in the global automotive market, surpassing the U.S. in 2014. The country has for long maintained the reputation of standing at the forefront of the electronics industry, rapidly progressing towards miniaturization and innovation. Therefore, in spite of being the market leader in the global automotive marketplace, the country holds immense potential to grow in terms of lighting sales for automobile applications. The preference for mid-end cars has been identified to be the highest in China, and therefore, contributes the maximum revenue in the total market value for the country.

North America is one of the major producers of automotive lighting due to the presence of big giants in automotive lighting. Moreover, the rising demand for passenger cars have resulted in increasing demand for automotive lighting has augmented the North American market. Geographically, US has consumed around 75.4% of market share in 2016 followed by Canada.

Scope of the Report:

This study provides an overview of the global Automotive Lighting market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.

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 and volume, 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.

Target Audience:

Organizations

Manufacturer

Research Institute / Education Institute

Potential Investors

Major Table Of Content:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

Continued…

To know more on this Global Automotive Lighting market Research Report Visit: https://www.marketresearchfuture.com/reports/automotive-lighting-market-1819

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 and volume, 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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