Lighting, being an essential component an automobile, acts a substantial role in automobile safety. Major use of light in automobile includes clearing the visibility in darkness and bad weather condition, driver's intentions regarding direction, detect vehicle on the road. In addition to that lightings also grace the interior and exterior look of automobiles. Lights are positioned at different places in an automobile – front, rear side and interior. Growing demand of environmental friendly solutions from OEMs influence manufacturers to develop more energy efficient automobile lighting
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.
Automotive Lighting Market: Segmentation
On the basis of position, automotive lighting market is broadly segmented as:
Side & Interior
On the basis of vehicle type, the automotive lighting market is segmented into:
Light Commercial Vehicle
Heavy Commercial Vehicle
Two – Wheeler
On the basis of technology, the automotive lighting market is segmented into:
In addition, report also includes automotive lighting market segmentation on the basis of channel type:
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.
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
The report covers exhaustive analysis on:
Supply & Demand
Competition & Companies involved
Regional analysis includes
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.
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