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Global Automotive Exterior LED Lighting Market Analysis Revealing Key Drivers & Growth Trends through 2022

02-20-2018 02:13 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

The automotive exterior LED lights are used for the illumination of the vehicle. LED lights are used in order to let the driver see in the darkness or in adverse weather conditions like fog and smog. LED lights are also useful in maintaining the safety of the vehicle. This Fact.MR report discusses key prospects for growth of global automotive exterior LED lighting market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies. The report begins with a concise summary of the global automotive exterior LED lighting market. This executive summary sets the tone for the rest of the report, giving users the scope of the report. The executive summary includes important facts and statistics on the global automotive exterior LED lighting market.

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A growing population of the world coupled with increasing demand for automobiles along with the burgeoning production are the driving factors fuelling the growth of the global automotive lights market. Besides, increasing concerns for vehicle safety and government regulations are also considered as growth factors for this market. Additionally, the rise in the purchasing power of the consumers all around the world, especially in the developing economies of APEJ are also driving the market growth. LED is the most prominent automotive lighting technology, replacing the older halogen lighting technology. Increasing demand for energy efficiency, high flexibility and a longer life are the reasons why the switch to LED lighting took place. A number of technological innovations and different types of lighting products are being created to cater to the demands of the customers for automotive exterior LED lighting. On the other hand, higher costs of LED lighting and skyrocketing research and development costs coupled with an uncertain economic situation in the European region are projected to restrict the market growth for automotive exterior LED lighting during the forecast period.

OEM Automotive Exterior LED lighting Segment to exhibit a CAGR of 3.1% During the Assessment Period
As per the forecast of Fact.MR, the OEM automotive exterior LED lighting segment is slated to touch a figure of nearly US$ 499 Mn in the year 2022. This represents a CAGR of 3.1% during the assessment period from 2017 till the year 2022. This segment is expected to gain market share by the end of the year 2022. The OEM automotive exterior LED lighting segment is expected to account for more than one-third of the revenue share of the sales channel segment by the year 2017.

Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global automotive exterior LED lighting market through 2022, which include HELLA KGaA Hueck & Co, OSRAM Licht AG, Magneti Marelli S.p.A., Koito Manufacturing Co., Ltd, Stanley Electric Co. Ltd, Koninklijke Philips N.V, Valeo SA, Zizala Lichtsysteme GmbH, Texas Instruments Incorporated, Lumax Industries Ltd, Imasen Electric Industrial Co., Ltd and Changzhou Xingyu Automotive Lighting Systems Co., Ltd.

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Table of Contents:
1. Global Automotive Exterior LED Lighting Market - Executive Summary
2. Global Automotive Exterior LED Lighting Market Overview
2.1. Introduction
2.1.1. Global Automotive Exterior LED Lighting Market Taxonomy
2.1.2. Global Automotive Exterior LED Lighting Market Definition
2.2. Global Automotive Exterior LED Lighting Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Automotive Exterior LED Lighting Market Y-o-Y Growth
2.3. Global Automotive Exterior LED Lighting Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Automotive Exterior LED Lighting Market Analysis and Forecast By Product Type
3.1. Global Automotive Exterior LED Lighting Market Size and Forecast By Product Type, 2012-2022
3.1.1. Front Light Automotive Exterior LED Lighting Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Parking Light Automotive Exterior LED Lighting Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Fog Light Front Automotive Exterior LED Lighting Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
3.1.4. Fog Light Rear Automotive Exterior LED Lighting Market Size and Forecast, 2012-2022
3.1.4.1. Revenue (US$ Mn) Comparison, By Region
3.1.4.2. Market Share Comparison, By Region
3.1.4.3. Y-o-Y growth Comparison, By Region
3.1.5. Stop Light Automotive Exterior LED Lighting Market Size and Forecast, 2012-2022
3.1.5.1. Revenue (US$ Mn) Comparison, By Region
3.1.5.2. Market Share Comparison, By Region
3.1.5.3. Y-o-Y growth Comparison, By Region
3.1.6. Side Signals/ Warning Lights Automotive Exterior LED Lighting Market Size and Forecast, 2012-2022
3.1.6.1. Revenue (US$ Mn) Comparison, By Region
3.1.6.2. Market Share Comparison, By Region
3.1.6.3. Y-o-Y growth Comparison, By Region
3.1.7. Head Lamp Automotive Exterior LED Lighting Market Size and Forecast, 2012-2022
3.1.7.1. Revenue (US$ Mn) Comparison, By Region
3.1.7.2. Market Share Comparison, By Region
3.1.7.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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