Automotive Lighting Market 2018 | Global Industry Share, Size, Trends, key Players and Regional Forecast To 2023

Automotive Lighting Market
Automotive Lighting Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The global market of Automotive Lighting will grow at a rapid pace over the forecast period. The global automotive lighting market is poised to grow over USD 30,107.2 million by 2023 at an estimated CAGR of 6.43% through the forecast period.

Automotive Lighting Market Information Report by Technology (Halogen, LED, and Xenon), by Vehicle Type (Passenger Car, Light Commercial Vehicle & Heavy Commercial Vehicle), by Application (Front Lights, Side Lights, Rear Lights and Interior Lights) and by End Market (OEM & Aftermarket) and by Region Forecast to 2023.

Lighting is an important component in automobiles. It plays an important role in safety factor. It is primarily used in automobiles to increase the visibility in darkness & in bad weather conditions. It also increases the conspicuity of the vehicle. Continuous development in the automotive industry & focusing on improve the efficiency of lighting, are the primary driving factors of the automotive lighting market. In addition, factors such as increasing vehicle production globally are also the driving factor for the automotive lighting market. However high cost of the lighting product act as restraints of the automotive lighting market. Global automotive lighting market has very broad market in coming recent years. MRFR analysts has predicted that automotive industry is about to grow at a rapid pace, moreover, the speedy rising sales of passenger cars and technological innovations have also been a growth momentum.

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Automotive Lighting Key Companies analyzed:

Magneti Marelli (Italy), Philips Lighting NV (Netherlands), Ichikoh Industries Ltd (Japan), HELLA KGaA Hueck & Co (Germany), KOITO MANUFACTURING CO., LTD.( Japan), ZKW Lichtsysteme GmbH  (Wieselburg), Peterson Manufacturing company (U.S.), OSRAM GmbH (Germany), Stanley Electric Co. Ltd (Japan), General Electric (U.S.) and among others.

Regional Analysis:

The global automotive lighting market by region has been segmented into North America, Europe, Asia-Pacific and Rest of the world. This market has seen a substantial growth over the past few years and it has been experienced that the market will remain on the same growth level till forecast period. Among the regions covered, Asia-Pacific has accounted the largest market for automotive lighting market followed by North America and Europe.

Additional Information:

  • Regulatory Landscape
  • Pricing Analysis
  • Macroeconomic Indicators

Geographic Analysis:

  • Geographical analysis across 15 countries

Company Information:

  • Profiling of key market players
  • In-depth analysis including SWOT analysis, and strategy information of related to report title
  • Competitive landscape including emerging trends adopted by major companies

Global Automotive Lighting Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table of Content:

1 Summary

2.1 Definition

2.2 Scope of the Study

2.3 Assumptions

2.4 Market Structure

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4.1 Market Drivers

4.1.1 Increase In Sales Of New Vehicles

4.1.2 Expansion Of Global Auto-Manufacturers Into New Emerging Markets

4.1.3 Accelerating Urbanization Led To Growth Of Automobile Industry

4.2 Market Restraints

4.2.1 Increasing Pricing Pressures

4.2.2 Underdeveloped Aftermarket Services

4.3 Opportunities

4.3.1 Advanced Automotive Industry Technology

5.1 Five Forces Analysis

5.1.1 Threat From New Entrants

5.1.2 Bargaining Power Of Supplier

5.1.3 Bargaining Power Of Buyers

5.1.4 Threat From Substitutes

5.1.5 Threat Of Rivalry

5.2 Value Chain Analysis

5.2.1 Lighting Components Supply

5.2.2 Manufacture & Assembly

5.2.3 Distribution

5.2.4 End-User

Continued…

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