Automotive Lighting Market is Expected to Reach $33.7 Billion, By Top Leading Companies General Electric (GE), Magneti Marelli S.P.A, Koito Manufacturing Co. Ltd, Valeo, Hella KGaA Hueck & Co., Stanley Electric Co., Ltd., Ichikoh Industries Ltd., Osram Gm

Automotive Lighting Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $33.7 billion by 2020, registering a CAGR of 6.8% during the period 2015-2020.Automotive lighting industry is witnessing a steady growth on account of growing automotive production across the world. The growing emphasis on vehicle safety and government regulations regarding automotive lighting systems, are contributing to the market growth. Additionally, increasing disposable income of people is supporting the demand of aesthetic looks for vehicles, which in turn, is creating the demand for advanced lighting solutions.

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Asia-Pacific, being the largest automotive vehicle market, would also be the largest market for automotive lighting. Growing automotive production, and increasing purchasing power in the two bigger markets of Asia viz.,China and India, would drive the market growth of the Asia-Pacific market.

The automotive lighting market size is witnessing a steady growth with the rise in the demand for automotive vehicles. Automotive vehicles, including passenger and commercial vehicles, require energy-efficient and cost-effective lighting systems to enable a safe driving experience. The growing population, increase in automotive production, and the rising concerns about vehicle safety triggered by the government regulations are driving the growth of the automotive lighting market.

Additionally, the increase in purchasing power of individuals is also creating more opportunities for the automotive lighting market growth.

Traditionally, halogen, being a low-cost and easily available technology, has been the majorly used lighting technology. Halogen was earlier a conventional choice for lighting in cars and other vehicles. However, with the advent of time, other lighting technologies became more prominent. Xenon and LED are the other prominent lighting technologies. Amongst, all the three technologies, LED would witness the highest growth during the forecast period. This can be attributed towards the discernible shift towards energy-efficient technology in lighting controls. LED lighting possesses high capabilities and flexibility for use in various automotive lighting applications. These also allow room for innovation with lighting techniques and designs, as LEDs are versatile and can be incorporated with other technologies.

Many technological innovations and unique products are being created using LED lighting, to cater to a vast customer base. Presently, LED lights are installed mostly in high-end vehicles due to their relatively higher cost. However, the ongoing research to lower their cost, would create significant demand of these lights. The market forecast for automotive lighting looks promising in the given forecast period.

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The automotive lighting market is segmented based on lighting applications, technology, product sale, vehicle types, and geography. On the basis of lighting applications, the market is segmented into front lighting, rear lighting, side lighting, and interior lighting. With respect to lighting technology, the market is segmented into halogen, xenon and LED. Based on vehicle type, the market is segmented into passenger vehicles and commercial vehicles. Based on product sale, the market is segmented into OEM products and aftermarket products. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

The leading players included in the report are General Electric (GE), Magneti Marelli S.P.A, Koito Manufacturing Co. Ltd, Valeo, Hella KGaA Hueck & Co., Stanley Electric Co., Ltd., Ichikoh Industries Ltd., Osram GmbH, Zizala Lichtsysteme GmbH, and Koninklijke Philips N.

LIST OF FIGURES

FIG. 1 TOP IMPACTING FACTORS, MODERATE GROWTH SCENARIO (2020-2025)
FIG. 2 TOP IMPACTING FACTORS, RAPID GROWTH SCENARIO (2020-2025)
FIG. 3 TOP IMPACTING FACTORS, DIMINISHING GROWTH SCENARIO (2020-2025)
FIG. 4 TOP FACTORS IMPACTING GLOBAL AUTOMOTIVE LIGHTING MARKET
FIG. 5 TOP INVESTMENT POCKETS
FIG. 6 TOP WINNING STRATEGIES
FIG. 7 PORTERFIVE FORCES ANALYSIS
FIG. 8 VALUE CHAIN ANALYSIS
FIG. 9 MARKET SHARE ANALYSIS, 2014
FIG. 10 COMPARISON BETWEEN FILAMENT BULB AND XENON
FIG. 11 DIFFERENT LED LIGHTS IN CAR
FIG. 12 DIFFERENT LIGHTS IN VEHICLE
FIG. 13 DIFFERENCE OF LOW BEAM AND HIGH BEAM ILLUMINATION
FIG. 14 NET SALES GENERATED BY ICHIKOH INDUSTRIES LTD., 2011-2012, $MILLION
FIG. 15 NET SALES OF ICHIKOH INDUSTRIES LTD., BY BUSINESS SEGMENT, 2012
FIG. 16 NET SALES OF ICHIKOH INDUSTRIES LTD., BY GEOGRAPHY, 2012
FIG. 17 SWOT ANALYSIS OF ICHIKOH INDUSTRIES LTD.
FIG. 18 NET SALES GENERATED BY MAGNETI MARELLI S. P. A., 2012-2014, $MILLION
FIG. 19 SWOT ANALYSIS OF MAGNETI MARELLI S. P. A.
FIG. 20 REVENUE GENERATED BY OSRAM LICHT AG, 2013-2014, $MILLION
FIG. 21 REVENUE OF OSRAM LICHT AG BY BUSINESS SEGMENT, 2014
FIG. 22 REVENUE OF OSRAM LICHT AG BY GEOGRAPHY, 2014
FIG. 23 SWOT ANALYSIS OF OSRAM LICHT AG
FIG. 24 REVENUE GENERATED BY GE COMPANY, 2012-2014, $MILLION
FIG. 25 REVENUE OF GE COMPANY BY BUSINESS SEGMENT, 2014
FIG. 26 REVENUE OF GE COMPANY BY GEOGRAPHY, 2014
FIG. 27 SWOT ANALYSIS OF GE LIGHTING
FIG. 28 NET SALES GENERATED BY KOITO MANUFACTURING CO. LTD, 2012-2014, $MILLION
FIG. 29 NET SALES OF KOITO MANUFACTURING CO. LTD BY GEOGRAPHY, 2014
FIG. 30 SWOT ANALYSIS OF KOITO MANUFACTURING CO. LTD
FIG. 31 NET SALES GENERATED BY STANLEY ELECTRIC CO., LTD., 2012-2014, $MILLION
FIG. 32 NET SALES OF STANLEY ELECTRIC CO., LTD. BY BUSINESS SEGMENT, 2014
FIG. 33 NET SALES OF STANLEY ELECTRIC CO., LTD. BY GEOGRAPHY, 2014
FIG. 34 SWOT ANALYSIS OF STANLEY ELECTRIC CO., LTD.
FIG. 35 SALES GENERATED BY HELLA KGAA HUECK & CO., 2011/2012-2013/2014, $MILLION
FIG. 36 SALES OF HELLA KGAA HUECK & CO. BY BUSINESS SEGMENT, 2013/2014
FIG. 37 SALES OF HELLA KGAA HUECK & CO. BY GEOGRAPHY, 2013/2014
FIG. 38 SWOT ANALYSIS OF HELLA KGAA HUECK & CO.
FIG. 39 SWOT ANALYSIS OF ZIZALA LICHTSYSTEME GMBH
FIG. 40 SALES GENERATED BY KONINKLIJKE PHILIPS N.V., 2012-2014, $MILLION
FIG. 41 SALES OF KONINKLIJKE PHILIPS N.V. BY BUSINESS SEGMENT, 2014
FIG. 42 SALES OF KONINKLIJKE PHILIPS N.V. BY GEOGRAPHY, 2014
FIG. 43 SWOT ANALYSIS OF KONINKLIJKE PHILIPS N.V.
FIG. 44 REVENUE GENERATED BY VALEO, 2013-2014, $MILLION
FIG. 45 REVENUE OF VALEO BY BUSINESS SEGMENT, 2013
FIG. 46 REVENUE OF VALEO BY BUSINESS SEGMENT, 2013
FIG. 47 SWOT ANALYSIS OF VALEO

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