Press release
Automotive Lighting Market 2019 Koito Magneti Marelli Valeo Hella Stanley Electric Ichikoh ZKW Group SL Corporation Varroc TYC DEPO Xingyu Hyundai IHL
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.Request a Sample of this Report @ https://www.orbisresearch.com/contacts/request-sample/2686547
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.
The worldwide market for Automotive Lighting is expected to grow at a CAGR of roughly 8.0% over the next five years, will reach 4000 million US$ in 2024, from 2520 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Automotive Lighting in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Browse the Full Report @ https://www.orbisresearch.com/reports/index/global-automotive-lighting-market-2019-by-manufacturers-regions-type-and-application-forecast-to-2024
This report covers Analysis of Global Automotive Lighting Market Segment by Manufacturers
Koito
Magneti Marelli
Valeo
Hella
Stanley Electric
Ichikoh
ZKW Group
SL Corporation
Varroc
TYC
DEPO
Xingyu
Hyundai IHL
Global Automotive Lighting Market Segment by regional analysis covers
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Global Automotive Lighting Market Segment by Type
Halogen Lighting
HID Lighting
LED Lighting
Global Automotive Lighting Market Segment by Applications, can be divided into
Passenger Vehicle
Commercial Vehicle
Some of the Points cover in Global Automotive Lighting Market Research Report is:
Chapter 1: Describe Automotive Lighting Industry
• Introduction,
• Product Scope,
• Market Overview,
• Market Opportunities,
• Market Risk,
• Market Driving Force
Chapter 2: To analyze the top manufacturers of Automotive Lighting Industry in 2016 and 2017
• Sales
• Revenue and price
Chapter 3: Competitive analysis among the top manufacturers in 2016 and 2017
• Sales
• Revenue and market share
Chapter 4: Global Automotive Lighting Market by regions from 2014 to 2019
• Sales
• Revenue and market share
Chapter 5, 6, 7 and 8: Global Automotive Lighting Market by key countries in these regions
• Sales
• Revenue and market share
Chapter 9 and 10: Global Automotive Lighting Market by type and application from 2014 to 2019
• Sales
• Revenue and market share
• Growth rate
Chapter 11:Automotive Lighting Industry Market forecast from 2019 to 2024
• Regions
• Type and application with sales and revenue
Chapter 12 and 13:Automotive Lighting Industry
• Sales channel
• Distributors
• Traders and dealers
• Appendix
• Data source
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