Press release
Global Automotive LED Lighting Market Will Multiply At An Impressive CAGR Of 8.92% By 2024 & Top Key Players SG Automotive, Mercedes Benz, Osram Licht AG, Magneti Marelli S.P.A, Koninklijke Philips N.V., Stanley Electric Co.Ltd, Pilot Automotive, BROS Int
The global market for automotive LED lighting market is anticipated to reach USD 21.56 Billion by expanding at a CAGR of 8.92 % over the period 2017-2024. The stringent government regulations and policies regarding the usage of xenon and halogen automotive lights has led to higher demand for LED lights. This demand for advanced automotive LED lights is estimated to boom automotive LED lighting market by noteworthy revenue by the end of 2024.In the regional segment, Asia Pacific represented the highest market share in the terms of volume in overall market and is expected to continue its dominance over the forecast period. This can be attributed to the heavy demand for cost effective automotive LED lights and increasing automobile production. Further, with development of technologically advanced LED lights used in luxury cars is expected to showcase a significant rise in automotive LED lights in Europe region over the forecast period. Moreover, Europe and Asia (mainly Japan) accounts for more than 80% market share of the global automotive LED lighting market.
Request For Sample Pages: https://www.researchnester.com/sample-request/2/rep-id-285
Rise in Automotive Industry Reflects Significant Opportunities
Expanding sales of automotive vehicles is predicted to trigger the growth of global automotive LED lighting market. Moreover, rising concern about energy efficiency, the need for cost effective, better lighting system and less power consumption are some of the key factors driving the LED market in automotive industry. This factor is believed to supplement the growth of the automotive LED lighting market globally. However, high cost of new technically advanced LED lights is likely to dampen the growth of the automotive LED lighting market in the near future.The report titled “Automotive LED Lighting Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the automotive LED lighting market in terms of market segmentation by vehicle type, by adaptive lighting, by position and by region.Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Request Table of Contents: https://www.researchnester.com/toc-request/1/rep-id-285
This report also provides the existing competitive scenario of some of the key players of the automotive LED lighting market which includes company profiling of SG Automotive, Mercedes Benz, Osram Litcht AG, Magneti Marelli S.P.A, Koninklijke Philips N.V, Stanley Electric Co. Ltd., Pilot Automotive, BROS International Co. Limited, Zizala Lichtsysteme GmbH and Koito Manufacturing Co. Ltd.The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the automotive LED lighting market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Request Buy Now: https://www.researchnester.com/payment/rep-id-285
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact Info:
Name: Ajay Daniel
Email: ajay.daniel@researchnester.com
Organization: Research Nester Pvt. Ltd
Phone: +1 6465869123
Follow Us Linkedin@https://www.linkedin.com/company/research-nester-pvt.-ltd./
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Automotive LED Lighting Market Will Multiply At An Impressive CAGR Of 8.92% By 2024 & Top Key Players SG Automotive, Mercedes Benz, Osram Licht AG, Magneti Marelli S.P.A, Koninklijke Philips N.V., Stanley Electric Co.Ltd, Pilot Automotive, BROS Int here
News-ID: 1150437 • Views: …
More Releases from Research Nester Pvt Ltd
Chemical Fertilizers Market Outlook By Industry Size, Share, Revenue, Regions An …
The chemical fertilizers market has been segmented into macronutrients, micronutrients, application and forms. Based on macronutrients, the market has been segmented into nitrogen based fertilizers, phosphate based fertilizers and potash based fertilizers.
Among these segments, the nitrogen based fertilizers are estimated to dominate the market by holding the largest share of approximately 50%. This can be attributed to the absorption of nitrogen by plants. In 2013, the demand for nitrogen…
Glass Coating Market Overview By Share, Size, Industry Players, Revenue And Prod …
The global glass coating market is segmented by coating type into pyrolytic coating, magnetic sputtering coating and sol-gel coating; by technology into liquid glass coating and nano glass coating; by application into construction, paints & coating, automotive, aviation and others and by regions.
According to Federal Reserve Bank of Chicago represents increase in sales of light vehicle in China by 2.1%, Latin America by 6.2%, Europe by 2.6%, and Rest…
Insect Repellent Market Outlook By Industry Size, Share, Revenue, Regions And To …
The global insect repellent market is segmented by repellent type into coils, liquid vaporizers, sprays/aerosol, mats, cream and oil; by ingredient into natural and synthetic; by sales channel into online and offline and by regions. The insect repellent market is anticipated to mask a CAGR of 8.3% during the forecast period i.e. 2019-2027.
The rising penetration of insect repellents in untapped rural markets across the developing countries as well as…
Waterproofing Chemicals Market 2017 Share Growing Rapidly With Latest Trends, De …
The global waterproofing market is segmented on the basis of type, application and end-use. The market is segmented on the basis of type, it is segmented into Bitumen, PVC, TPO and EPDM. Bitumen leads the product segment in 2017 on the account of superior properties which include high viscosity, resistance to UV light and better binding nature. On the basis of application, it is segmented into Roofing and Walls, Flooring,…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
