Press release
Automotive Lighting Market Size, Insights, Trends, Outlook 2018 | Top Key Players: Koito, Magneti Marelli, Valeo, Hella, Stanley Electric || Expected to Grow at a CAGR of 8.0% will reach 4000 Million US$ By 2023
Automotive Lighting Market size
Automotive lighting is a vehicle lighting tools which includes headlights, tail lights and turn signals and the like. At the same time, automotive lighting can press type can be divided into halogen lamp, LED, HID.
Global Automotive Lighting Market peaks the detailed analysis of industry share, growth factors, development trends, size, majors manufacturers and 2023 forecast. The report also analyze innovative business strategies, value added factors and business opportunities. The Automotive Lighting Market report introduces market competition situation among the vendors and company profile, revenue, product & services, latest developments and business strategies.
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On the basis of technology, the automotive lighting market is segregated into halogen, xenon, and LED. Halogen dominated the industry in 2016 and is expected to grow at a CAGR of over 6% from 2016 to 2022. 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 17% of the overall share in 2016 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.
Asia Pacific automotive lighting market accounted for over 42% of the overall share in 2016. Increased automobile production across countries such as China, India, Japan, and Korea combined with rising urban population, growing economies, and increasing the purchasing power of individuals is estimated to fuel the demand across this region.
Europe is anticipated to have steady growth owing to increasing adoption in the brake, reverse, interior lights, and signal indicators. Further, environmental regulations mandate the installation of LEDs across various applications. The North American regions are expected to have substantial demand for LED lights in the automotive sector, majorly supplemented by their increasing application in the interior segment.
Key Questions Answered in the Report
• What will the market size and the growth rate be in 2023?
• What are the key factors driving the Automotive Lighting Sales Market?
• What are the key market trends impacting the growth of the Automotive Lighting Sales Market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the Automotive Lighting Sales Market?
• What are the key outcomes of the five forces analysis of the Automotive Lighting Sales Market?
Market Segment by Manufacturers, this report covers:
• Koito
• Magneti Marelli
• Valeo
• Hella
• Stanley Electric and More....
Segmentation by product type:
• Halogen Lighting
• HID Lighting
• LED Lighting
Segmentation by application:
• Passenger Vehicle
• Commercial Vehicle
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This report also splits the market by region:
• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC and More….
Research objectives
• To analyze the Automotive Lighting with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Automotive Lighting submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies and More…
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive Lighting Consumption 2013-2023
2.1.2 Automotive Lighting Consumption CAGR by Region
2.2 Automotive Lighting Segment by Type
2.2.1 Halogen Lighting
2.2.2 HID Lighting
2.2.3 LED Lighting
2.3 Automotive Lighting Consumption by Type
2.3.1 Global Automotive Lighting Consumption Market Share by Type (2013-2018)
2.3.2 Global Automotive Lighting Revenue and Market Share by Type (2013-2018)
3 Global Automotive Lighting by Players
3.1 Global Automotive Lighting Sales Market Share by Players
3.1.1 Global Automotive Lighting Sales by Players (2016-2018)
3.1.2 Global Automotive Lighting Sales Market Share by Players (2016-2018)
3.2 Global Automotive Lighting Revenue Market Share by Players
3.2.1 Global Automotive Lighting Revenue by Players (2016-2018)
3.2.2 Global Automotive Lighting Revenue Market Share by Players (2016-2018)
3.3 Global Automotive Lighting Sale Price by Players
4 Automotive Lighting by Regions
4.1 Automotive Lighting by Regions
4.1.1 Global Automotive Lighting Consumption by Regions
4.1.2 Global Automotive Lighting Value by Regions
4.2 Americas Automotive Lighting Consumption Growth
TOC Continued….!
Tables And Figures
• Figure Picture of Automotive Lighting
• Table Product Specifications of Automotive Lighting
• Figure Automotive Lighting Report Years Considered
• Figure Market Research Methodology
• Figure Global Automotive Lighting Consumption Growth Rate 2013-2023 (M Unit)
• Figure Global Automotive Lighting Value Growth Rate 2013-2023 ($ Millions)
• Table Automotive Lighting Consumption CAGR by Region 2013-2023 ($ Millions)
• Figure Product Picture of Halogen Lighting
• Table Major Players of Halogen Lighting
• Figure Product Picture of HID Lighting
• Table Major Players of HID Lighting and More….
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