Press release
Automotive Perimeter Lighting System Market to reach USD 56.02 Bn by 2029, Technological Advancements and Growth Opportunities
Automotive Perimeter Lighting System Market size was valued USD 30.72 Bn. in 2021 and the total revenue is expected to grow about 7.8 percent from 2022 to 2029, reaching nearly USD 56.02 Bn.Automotive Perimeter Lighting System Market Report Scope and Research Methodology
The report is based on a comprehensive research methodology involving primary and secondary research, qualitative and quantitative data analysis, and inputs from industry experts and key opinion leaders.
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Automotive Perimeter Lighting System Market Dynamics
The increasing safety concerns and convenience of the driving vehicle are the major growth factors of the perimeter lighting system. LED lights are gaining popularity due to their efficient power consumption and great illumination power. They have a longer life cycle compared to other types of lights, making them more reliable and safer. Governments' implementation of strict rules for safety is driving the future market of perimeter lights.
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The high cost of manufacturing components and the current market conditions are affecting the market volume.
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Automotive Perimeter Lighting System Market Regional Insights
The European region is dominating the perimeter lighting market due to the high demand for luxury cars, and the Asia Pacific region is also showing a rise in demand for perimeter light-enabled vehicles. The MMR report forecasts that the Asia Pacific will be a major market for the perimeter light market.
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Automotive Perimeter Lighting System Market Segmentation
By Light Type:
LED Light
Halo Light
Fluorescent Light
Others
By End User:
Passenger Vehicles
Medium Commercial Vehicles
Heavy Duty Commercial Vehicles
Light Duty Commercial Vehicles
Electrical Vehicles
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Automotive Perimeter Lighting System Market Key Competitors include:
Gentex
HELLA
KOITO MANUFACTURING
Magna International
Samvardhana Motherson Group
Feniex Industries
Automotive Lightin
Marelli Holdings Co., Ltd.
Varroc Grou
Valeo
STMicroelectronics
OSRAM GmbH
DENSO CORPORATION
ICHIKOH INDUSTRIES, LTD
STANLEY ELECTRIC CO., LTD.
Keboda
Lear Corporation
HYUNDAI MOBIS
Table of Content for Automotive Perimeter Lighting System Market
Global Automotive Perimeter Lighting System Market: Research Methodology
Global Automotive Perimeter Lighting System Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Automotive Perimeter Lighting System Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Automotive Perimeter Lighting System Market Segmentation
Global Market, by Light Type (2021-2029)
Global Market, by End User (2021-2029)
Regional Automotive Perimeter Lighting System Market (2021-2029)
Regional Market, by Light Type (2021-2029)
Regional Market, by End User (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Light Type, End User and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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