Press release
Automotive Lighting Market Demand, Status and Global Briefing 2020 to 2023 | Koninklijke Philips N.V., Magnetti Marelli, Grupo Antolin, Flex Automotive GmbH
The global automotive lighting market reached a value of nearly $25.3 billion in 2019, having grown at a compound annual growth rate (CAGR) of 6.19% since 2015, and is expected to grow at a CAGR of 9.22% to nearly $36 billion by 2023.
Click the link to get a free Sample Copy of the Report:
https://www.marketinsightsreports.com/reports/05072013816/automotive-lighting-global-market-report-2020-including-1-by-vehicle-type-passenger-vehicle-commercial-vehicle-2-by-technology-halogen-xenon-hid-high-intensity-discharge-lamp-led-light-emitting-diode-3-by-application-front-headlamps-rear-lighting-side-interior-lighting-covering-hella-koito-manufacturing-co-ltd-osram-licht-ag-koninklijke-philips-n-v-magnetti-marelli/inquiry?source=openpr&mode=74
Key Market Players:
Hella, Koito Manufacturing Co. Ltd., Osram Licht AG, Koninklijke Philips N.V., Magnetti Marelli, Grupo Antolin, Flex Automotive GmbH, Lumax Industries Limited, Valeo Lighting Systems and Bosch Lighting Technology and Other
Companies in the automotive lighting market are investing heavily to develop fog-free lamps. This automotive lighting resolves fog issues and also fulfill requirements such temperature, humidity and vibration that were challenging earlier. For instance, in 2018, Hyundai Mobis announced that it has succeeded in developing new materials that can technically resolve fog issues. The company partnered with INITZ (SK Chemical's subsidiary) in developing new material using various additives to plastic that does not emit gases. It also developed material that reduces the weight of the lamp by 20%. The development of fog-free lamps will contribute to the growth of the market.
Industry News:
Jun 27: In addition to the current operations, Automotive Lighting - Magneti Marelli’s business line devoted to the automotive lighting sector - is integrating in Juárez production site in Mexico, a new assembly operation for LED modules. This further enlargement of production of advanced lighting technologies is aimed at satisfying high technology applications and customer needs in a market like NAFTA, in which the LED technology penetration for front lighting is expected to grow from approximately 20% in 2016 to approximately 50% in 2020
Market Segmentation by Types:
Passenger Vehicle
Commercial Vehicle
Market Segmentation by Applications:
Front/Headlamps
Rear Lighting
Side
Interior Lighting
Regional Analysis For Automotive Lighting Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Explore Full Report With Detailed TOC Here:
https://www.marketinsightsreports.com/reports/05072013816/automotive-lighting-global-market-report-2020-including-1-by-vehicle-type-passenger-vehicle-commercial-vehicle-2-by-technology-halogen-xenon-hid-high-intensity-discharge-lamp-led-light-emitting-diode-3-by-application-front-headlamps-rear-lighting-side-interior-lighting-covering-hella-koito-manufacturing-co-ltd-osram-licht-ag-koninklijke-philips-n-v-magnetti-marelli?source=openpr&mode=74
The market factors explained in the report:
Market Overview: It includes Automotive Lighting Market study scope, top key players, segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.
Executive Summary: The Automotive Lighting Market report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Regional Study: All of the regions and countries analyzed in the Automotive Lighting Market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.
Key Players: This part of the Automotive Lighting Market report discusses expansion plans of companies, key mergers and acquisitions, funding and investment analysis, company establishment dates, revenues of manufacturers, and their areas served and manufacturing bases.
Market Forecast: Here, the report offers a complete forecast of the global Automotive Lighting Market by product, application, and region. It also offers global sales and revenue forecasts for all years of the forecast period.
The research includes historic data from 2014 to 2019 and forecasts until 2023 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
We also offer customization on reports based on specific client requirement:
1- Country level analysis for any 5 countries of your choice.
2- Competitive analysis of any 5 key market players.
3- 40 analyst hours to cover any other data points
Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
Contact US :
Irfan Tamboli (Head of Sales)
Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Lighting Market Demand, Status and Global Briefing 2020 to 2023 | Koninklijke Philips N.V., Magnetti Marelli, Grupo Antolin, Flex Automotive GmbH here
News-ID: 2087423 • Views: …
More Releases from Market Insights Reports
Cold Chain Monitoring Market May See a Big Move | BlueAir, Denso, Eureka Forbes, …
Market Insights Reports published a new research publication on "Cold Chain Monitoring Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Cold Chain Monitoring market was mainly driven by the increasing R&D spending across the world.
Some of the key players…
Outbound Logistics Market Next Big Thing | Major Giants- Draexlmaier, Faurecia, …
Market Insights Reports published a new research publication on "Outbound Logistics Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Outbound Logistics market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
Veterinary Telemedicine Market May See a Big Move | Nestle, Deuerer, The J.M. Sm …
Market Insights Reports published a new research publication on "Veterinary Telemedicine Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Veterinary Telemedicine market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
Precision Planting Market is Set to Fly High in Years to Come
Market Insights Reports published a new research publication on "Precision Planting Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Precision Planting market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
More Releases for Lighting
Track Lighting Market Analysis By Top Keyplayers - Philips Lighting, Acuity Bran …
The "Track Lighting Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Track Lighting Market, 2024-2031
Verified Market Research's most recent report, "Track Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Residential Lighting Market Top Players || EVERLIGHT; Hinkley Lighting; IKIO LED …
Residential Lighting Market research report comprises of several parameters which are thoroughly studied by the experts. To generate the best market analysis report, a range of objectives of the marketing research are required to be kept in mind. With this industry report it becomes simpler for customers to understand the various drivers and restraints impacting the market during the forecast period. Residential Lighting Market report helps to provide such market…
Energy Efficient Lighting Market Explore Future Growth by 2022 | Philips Lightin …
Worldwide Market Reports has announced the addition of the “Global Energy Efficient Lighting Market Research Report 2017”, The report classifies the global Energy Efficient Lighting Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
The report firstly introduced the Energy Efficient Lighting basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes;…
Energy Efficient Lighting Market Forecast to 2023: Acuity Brands, Cooper Lightin …
A report added to the rich database of Qurate Business Intelligence, titled “World Energy Efficient Lighting Market Research Report 2023 (Covering USA, Europe, China, Japan, India and etc)”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the…
Energy Efficient Lighting Market Development and Growth Analysis by Philips Ligh …
Worldwide Market Reports has announced the addition of the “Global Energy Efficient Lighting Market Research Report 2017”, The report classifies the global Energy Efficient Lighting Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
The report firstly introduced the Energy Efficient Lighting basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes;…
Track Lighting Market 2017-2022: Eaton, Juno, Lithonia Lighting, Satco, Hubbell …
The report on “Global Track Lighting Market” is a professional report which provides thorough knowledge along with complete information pertaining to the Track Lighting industry a propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc.This market research report on the Global Track Lighting market is a complete study of the markets current trends, industry growth drivers and restraints. It…
