Press release
THE GLOBAL AUTOMOTIVE ADAPTIVE LIGHTING MARKET IS POISED TO GROW OVER USD 2,795.7 MILLION BY 2023 AT AN ESTIMATED CAGR OF 8.18%, KEY PLAYERS ARE HELLA KGAA HUECK & CO. (GERMANY), KOITO MANUFACTURING CO. LTD (JAPAN), MAGNETI MARELLI (ITALY), STANLEY ELECTR
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Key Players
The key players of automotive adaptive lighting market include HELLA KGaA Hueck & Co. (Germany), Koito Manufacturing Co., Ltd (Japan), Magneti Marelli (Italy), Stanley Electric (Japan), North American Lighting (U.S.) Varroc Lighting Systems (U.S.), Zizala Lichtsysteme GmbH (Austria), OSRAM Licht AG, Valeo Group (France), and SL Corporation (South Korea).
Objective of global automotive adaptive lighting market Analysis & Forecast, from 2016 to 2023
• To provide insights about factors influencing and affecting the market growth.
• To provide historical and forecast revenue of the market segments as well as sub-segments with respect to regional markets and their key countries
• To provide historical and forecast revenue of the market segments based on technology, vehicle type, end market and region.
• To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
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Target Audience
• Manufactures
• Raw materials suppliers
• Aftermarket suppliers
• Research institute & education institute
• Potential investors
• Key executive (CEO and COO) and strategy growth manager
Key Findings
• On the basis of Technology, the market is segmented as LED, Halogen and Xenon. LED is projected to grow at the highest CAGR of 8.88 % during the forecast period.
• On the basis of vehicle type, the market is segmented as passenger car and commercial vehicle. Passenger car is projected to grow at the highest CAGR of 8.72 % during the forecast period.
• On the basis of End-Market, the market is segmented as OEM and Aftermarket. OEM is projected to grow at the highest CAGR of 9.16 % during the forecast period.
• Europe dominates the global automotive adaptive lighting market with 39.40 % of share in 2016, in terms of value. It is expected to grow at a CAGR of 7.29 % during the forecast period. Asia Pacific is expected to grow at a CAGR of 10.34 % during the forecast period and reach a market size of USD 1145.7 million by 2023.
The regional analysis also includes –
• North America
U.S.
Canada
• Europe
Germany
U.K.
France
Italy
Rest of Europe
• Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
• Rest of the World
Middle East and Africa
Latin America
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc.), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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