Press release
Global Passenger Car Lighting Market Key Players Analysis and Forecast to 2025 - Koito (Japan), Valeo (France), Hella (Germany), Varroc (USA)
This industry study presents the global Passenger Car Lighting market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Passenger Car Lighting production, revenue and market share by manufacturers, key regions and type.
The consumption of Passenger Car Lighting in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Koito (Japan), Valeo (France), etc.
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The lighting system of vehicles consists of lighting and signaling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle.
The lighting system consists of lighting and signaling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle. This lights the roadway for the driver and increases the visibility of the vehicle, allowing other drivers and pedestrians to see a vehicle's presence, position, size, direction of travel, and the driver's intentions regarding direction and speed of travel. Emergency vehicles usually carry distinctive lighting equipment to warn drivers and indicate priority of movement in traffic.
On the basis of technology, the market is segregated into halogen, xenon, and LED. Halogen dominated the industry in 2017 and is expected to grow at a CAGR of over 4.2% from 2017 to 2023. Low purchasing & replacement cost and easy availability are few factors for the adoption of halogen technology. They are available in different dimensions and are cost-effective and easy to replace. However, excessive heat loss while light radiation has increased awareness for energy efficiency leading to the reduced usage of halogen. LED lighting market accounted for over 10% of the overall share in 2017 and is expected to witness substantial growth over the forecast period. This is largely attributed to red LED applications such as indicators and brake lights
Global Passenger Car Lighting market size will reach 25200 million US$ by 2025, from 17700 million US$ in 2017, at a CAGR of 4.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Passenger Car Lighting.
The following manufacturers are covered in this report:
Koito (Japan)
Valeo (France)
Hella (Germany)
Magneti Marelli (Italy)
ZKW Group (Austria)
Lumax Industries (India)
Varroc (USA)
TYC (China)
Xingyu (China)
Browse Table of Content @ https://www.qyresearchreports.com/report/global-passenger-car-lighting-market-insights-forecast-to-2025.htm/toc
Passenger Car Lighting Breakdown Data by Type
Xenon Lights
Halogen Lights
LED
Other
Passenger Car Lighting Breakdown Data by Application
Front Light
Rear Combination Light
Fog Lights
Interior Lighting
Others
Passenger Car Lighting Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Passenger Car Lighting Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
To Browse a Full Report Click Here: https://www.qyresearchreports.com/report/global-passenger-car-lighting-market-insights-forecast-to-2025.htm
The study objectives are:
To analyze and research the global Passenger Car Lighting status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Passenger Car Lighting manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Passenger Car Lighting :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Passenger Car Lighting market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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QYResearchReports.com delivers the latest strategic market intelligence to build a successful business footprint in China. Our syndicated and customized research reports provide companies with vital background information of the market and in-depth analysis on the Chinese trade and investment framework, which directly affects their business operations. Reports from QYResearchReports.com feature valuable recommendations on how to navigate in the extremely unpredictable yet highly attractive Chinese market.
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