Automotive lighting Market is Expected to Reach $2,302 Million, By Leading Industry Players

Front lighting application finds the largest application in automotive, followed by rear lighting. Government regulations as well as increasing demand related to efficient front lighting in vehicles is driving the growth of this market. Interior lighting would also witness appreciable growth due to the increasing trend of installing LED lights inside the vehicle for enhancing the looks.

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.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/646?utm_source=OPR

Lighting, being a vital component in automotive vehicles, plays an important role in automotive safety. Automotive vehicle consists of variety of lights to increase the visibility in darkness and bad weather conditions. Besides this, these lights also increase the conspicuity of the vehicle. The lighting system comprises of lighting and signaling devices. These lighting equipment are placed at different locations in the vehicle such as front, rear, top, and interiors. The lighting provides illumination for the driver. It helps other vehicle drivers and pedestrians on the road to detect the vehicle position, direction of movement and size, and drive the vehicle safely. Further, it also adds aesthetic looks to both the interior and the exterior parts of the vehicle.

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.

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.

Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/646?utm_source=OPR

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 TABLES

TABLE 1 GLOBAL AUTOMOTIVE LIGHTING MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 2 GLOBAL AUTOMOTIVE LIGHTING MARKET REVENUE MODERATE GROWTH SCENARIO, 2020-2025 ($MILLION)
TABLE 3 GLOBAL AUTOMOTIVE LIGHTING MARKET REVENUE RAPID GROWTH SCENARIO, 2020-2025 ($MILLION)
TABLE 4 GLOBAL AUTOMOTIVE LIGHTING MARKET REVENUE DIMINISHING GROWTH SCENARIO, 2020-2025 ($MILLION)
TABLE 5 GLOBAL AUTOMOTIVE LIGHTING MARKET REVENUE BY TECHNOLOGY, 2014-2020 ($MILLION)
TABLE 6 GLOBAL HALOGEN AUTOMOTIVE LIGHTING MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 7 GLOBAL XENON AUTOMOTIVE LIGHTING MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 8 GLOBAL LED AUTOMOTIVE LIGHTING MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 9 GLOBAL AUTOMOTIVE LIGHTING MARKET REVENUE BY PRODUCT SALE, 2014-2020 ($MILLION)
TABLE 10 GLOBAL OEM AUTOMOTIVE LIGHTING PRODUCTS MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 11 GLOBAL AFTERMARKET AUTOMOTIVE LIGHTING PRODUCTS MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 12 GLOBAL AUTOMOTIVE LIGHTING MARKET BY VEHICLE TYPE , 2014-2020 ($MILLION)
TABLE 13 GLOBAL PASSENGER VEHICLES AUTOMOTIVE LIGHTING MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 14 GLOBAL COMMERCIAL VEHICLES AUTOMOTIVE LIGHTING MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 15 GLOBAL AUTOMOTIVE LIGHTING MARKET BY APPLICATIONS, 2014-2020 ($MILLION)
TABLE 16 GLOBAL FRONT/HEADLAMPS AUTOMOTIVE LIGHTING MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 17 GLOBAL REAR LIGHTS AUTOMOTIVE LIGHTING MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 18 GLOBAL SIDE LIGHTS AUTOMOTIVE LIGHTING MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 19 GLOBAL INTERIOR LIGHTS AUTOMOTIVE LIGHTING MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 20 NORTH AMERICAN AUTOMOTIVE LIGHTING MARKET BY APPLICATION, 2014-2020 ($MILLION)
TABLE 21 EUROPEAN AUTOMOTIVE LIGHTING MARKET BY APPLICATION, 2014-2020 ($MILLION)
TABLE 22 ASIA PACIFIC AUTOMOTIVE LIGHTING MARKET BY APPLICATION, 2014-2020 ($MILLION)
TABLE 23 LAMEA AUTOMOTIVE LIGHTING MARKET BY APPLICATION, 2014-2020 ($MILLION)
TABLE 24 ICHIKOH INDUSTRIES LTD. SNAPSHOT
TABLE 25 MAGNETI MARELLI S.P.A. SNAPSHOT
TABLE 26 OSRAM LICHT AG SNAPSHOT
TABLE 27 GE LIGHTING SNAPSHOT
TABLE 28 KOITO MANUFACTURING CO. LTD SNAPSHOT
TABLE 29 STANLEY ELECTRIC CO., LTD. SNAPSHOT
TABLE 30 HELLA KGAA HUECK & CO. SNAPSHOT
TABLE 31 ZIZALA LICHTSYSTEME GMBH SNAPSHOT
TABLE 32 KONINKLIJKE PHILIPS N.V. SNAPSHOT
TABLE 33 VALEO SNAPSHOT

Access Full Summery @ https://www.alliedmarketresearch.com/automotive-lighting-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.