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2021 Automotive Lighting Market Global Industry Growth Factors, Trends, Demand Status And Forecast To 2030
Automotive Lighting Market
The automotive lighting market report describes and explains the global automotive lighting market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The automotive lighting market consists of sales of automotive lighting and related services. Automotive lighting and signalling devices are mounted on the front, rear, sides, and in some cases the top of a motor vehicle. The lighting system also makes the vehicle more visible especially in low light conditions.
The global automotive lighting market is expected to grow from $24.42 billion in 2020 to $25.17 billion in 2021 at a compound annual growth rate (CAGR) of 3.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $33.78 billion in 2025 at a CAGR of 8%.
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Some of the major players of the automotive lighting market are 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 , Bosch Lighting Technology, Seima , Visteon , ICHIKOH INDUSTRIES, LTD., STANLEY ELECTRIC CO., LTD., Peterson Manufacturing Company.
The countries covered in the global automotive lighting market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global automotive lighting market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global automotive lighting market is segmented -
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
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Few Points From Table Of Content
1. Executive Summary
2. Automotive Lighting Market Characteristics
3. Automotive Lighting Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Lighting
5. Automotive Lighting Market Size And Growth
....
26. Africa Automotive Lighting Market
27. Automotive Lighting Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Lighting Market
29. Automotive Lighting Market Future Outlook and Potential Analysis
30. Appendix
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