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Automotive Lighting Market Future Growth Analysis With Osram GmbH, Koninklijke Philips N.V., Zizala Lichtsysteme GmbH, Magneti Marelli S.P.A., Stanley Electric Co., Ltd., Ichikoh Industries

03-08-2019 12:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

Automotive Lighting Market Future Growth Analysis With Osram

The ‘Automotive Lighting market’ research report prepared by Market Study Report, LLC, is a thorough analysis of the latest trends prevalent in this business. The report also dispenses valuable statistics about market size, participant share, and consumption data in terms of key regions, along with an insightful gist of the behemoths in the Automotive Lighting market.

The leading companies profiled in the Automotive Lighting Market report include Osram GmbH, Koninklijke Philips N.V., Zizala Lichtsysteme GmbH, Magneti Marelli S.P.A., Stanley Electric Co., Ltd., Ichikoh Industries, Ltd., Hella KGaA Hueck & Co., Koito Manufacturing Co. Ltd., General Electric Lighting, and Valeo S.A. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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The global Automotive Lighting market is anticipated to reach around USD 48.08 billion by 2026 according to a new research. In 2017, the passenger cars dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global Automotive Lighting market.

The expanding global automotive industry, along with increasing demand for passenger cars majorly drives the Automotive Lighting Market growth. The adoption of advanced automotive lighting solutions has increased significantly owing to increasing awareness regarding use of energy efficient lighting solutions, and growing need to improve road safety. Other factors driving the market growth include growing disposable income, technological advancements, and changing lifestyles. New emerging markets, emerging consumer demographics, and increasing adoption of eco-friendly lighting solutions would provide growth opportunities for automotive lighting market in the coming years.

The use of LED lights in automobiles has increased significantly and these lights are gradually replacing halogen and xenon lights for headlamps and daytime running lights. LED technology is being used for rear lights, brake lights, indicators and daytime running lights owing to their reduced costs and greater flexibility. High brightness white LEDs offer improved visibility, are smaller in size, and offer controlled illumination pattern to avoid dazzling other drivers on the road.

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In 2017, Asia-Pacific accounted for the highest share in the global automotive lighting market. Established automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The introduction of stringent government regulations regarding vehicular safety and use of eco-friendly lighting solutions accelerates the adoption of automotive lighting in the region. The economic growth in countries such as China, Japan, and India, rising living standards and growing disposable income further increases the demand of automobiles in the region. Expansion of global players into these countries to tap market potential boosts the Automotive Lighting Market Growth.

Table of Contents

1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders

2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation

3. Automotive Lighting Market Insights
3.1. Automotive Lighting ? Industry snapshot
3.2. Automotive Lighting - Ecosystem analysis
3.3. Automotive Lighting Market Dynamics
3.3.1. Automotive Lighting ? Market Forces
3.3.1.1. Automotive Lighting Market Driver Analysis
3.3.1.2. Automotive Lighting Market Restraint/Challenges analysis
3.3.1.3. Automotive Lighting Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Automotive Lighting Market PEST Analysis, 2016
3.6. Automotive Lighting Market Value Chain Analysis
3.7. Automotive Lighting Industry Trends
3.8. Competitive Ranking Analysis

4. Automotive Lighting Market Size and Forecast, 2017-2026 by Type
4.1. Key Findings
4.2. Exterior
4.3. Interior

5. Automotive Lighting Market Size and Forecast, 2017-2026 by Technology
5.1. Key Findings
5.2. LED
5.3. Halogen
5.4. Xenon
5.5. Others

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