Press release
Automotive LED Lighting Market 2018 Global Leaders: Hyundai Group, Koito Manufacturing, Stanley Electric, Osram Licht AG, Toyota Motor, Zizala Lichtsysteme GmbH
Market Scenario:
The automotive light emitting diode lighting market is growing because of the low cost of the LED and efficient working of it. LEDs are small, solid light bulbs which are extremely energy efficient and long lasting. The long life of LED lamps was initially attractive, however, low brightness and high cost meant that they were generally restricted to use in dashboards.
Along with technology development in the vehicles, automated LED lighting is one of them. Increased consumption of these can be seen from two wheelers to four wheelers. The adoption of it is growing day by day. The segmentation of it on the basis of position in the vehicle is done. It can be fixed in the front, rear, side and interior of the vehicles. LED lighting ability is to improve total plant productivity. By connecting advanced lighting controls to industrial automation systems, LED lighting can save time and costs, and also provide business intelligence data, reduce waste and redundancies, and enhance plant operations.
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The Automotive LED Lighting Market is segmented on the basis of position and adaptive lighting. The position segment consists front, rear, side and interior. The adaptive lighting is segmented on the basis of front adaptive lighting, rear adaptive lighting and ambient adaptive lighting. Adaptive headlights are helpful when driving on winding roads at night, during twilight, or in other low-light conditions. They can address many potentially dangerous situations. Adaptive headlights do not compensate for unsafe driving or poor road conditions. Drivers must still take extra precautions when driving at night, and should continue to use safe driving practices at all times.
The global automotive LED lighting market is expected to grow approximately at USD 20 Billion by 2022, approx.9% of CAGR between 2016 and 2022.
Key Players
The prominent players in the automotive LED lighting market are Osram Licht AG (Germany), Magneti Marelli S.P.A (Italy), Koito Manufacturing Co.Ltd (Japan), Stanley Electric Co.Ltd (Japan), Mercedes-Benz (Germany), Koninklijke Philips N.V. (Netherlands), Hyundai Group (South Korea), Toyota Motor Corporation (Japan), Tata Motors Limited (India), Zizala Lichtsysteme GmbH (Austria), among others.
The Automotive LED Lighting Market Segmentation
The automotive LED lighting market has been segmented on the basis of type of position, vehicle type and adaptive lighting. On basis of adaptive lighting the market is segmented into of front adaptive lighting, rear adaptive lighting and ambient adaptive lighting. The front adaptive lighting technology implementation is seen first on Audi top of the line A8 model. Improving night-time visibility with adaptive front-lighting systems and improving automotive lighting.
Market Research Analysis:
Market Research Future Analysis shows that new adoptions of LED lights and technologies, revolution in automotive infrastructure is driving the automotive LED lighting market. Regional analysis for automotive LED lighting market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. North America region followed by Asia-Pacific and Europe is estimated to be the leader in automotive LED lighting market. The Asia-Pacific region is estimated to account for largest share in the automotive LED lighting market both in total general lighting and LED lighting. Heavy demand for new construction and increasing LED affordability will strengthen the market.
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Intended Audience
• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• Automobile Manufacturers
TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
Continued…
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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