Press release
Automotive Lighting Market Size to Grow at a Steady Rate During Forecast Period 2015-2025
Automotive Lighting Market: Drivers & Restraints
Automobile lighting manufactures are actively involving in the continuous ongoing development in automobile industry by focusing on the efficiency improvement of lighting. Increasing passenger car penetration in the developing countries such as China and India, aided by the growing personal income rate is expected to spur the growth of automotive lighting market during forecast period.
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Automotive Lighting Market: Segmentation
On the basis of position, automotive lighting market is broadly segmented as:
Front
Rear
Side & Interior
On the basis of vehicle type, the automotive lighting market is segmented into:
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
Two – Wheeler
On the basis of technology, the automotive lighting market is segmented into:
Halogen
Xenon
LED
In addition, report also includes automotive lighting market segmentation on the basis of channel type:
OEMs
Aftermarket
Automotive Lighting Market: Region-wise Outlook
Asia – Pacific region owing to the fast growing automotive industry in developing countries such as India, China and South Korea is expected to show a significant growth in the automotive lighting market. With rapid technological advancement and growing energy efficiency demand in automobile industry, automotive lighting market is expected to represent substantial growth at a significant CAGR during the forecast period.
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Automotive Lighting Market: Key Players
Some of the players in the market we identified includes General Electric, Hyundai Mobis., Hella KgaA Heuck & Co, Stanley Electric Co Ltd, Osram GmbH, Kononklijke Ichikoh Industries Ltd.,Philips N.V, Ichikoh Industries Ltd, Koito Manufacturing Co., Ltd, Valeo S.A, Magneti Marelli S.P.A and Zizala Lichsystems GmbH
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