Automotive Lighting Market is expected to Register Highest CAGR of 7% During the Forecast Period by 2022

Market Highlights

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.

Thus the Automotive Lighting market is expected to register a CAGR of about 7% during period of 2016 to 2022.

Major Key Players

  • General Electric
  • Hella KgaA Heuck & Co
  • Valeo S.A
  • Stanley Electric Co ltd.
  • Koito Manufacturing Co. ltd.
  • Magneti Marelli S.P.A.
  • Osram GmbH
  • Philips N.V
  • Kononklijke Ichikoh Industries Ltd.

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Intended Audience

  • Automotive Lighting manufacturers
  • Distributer & Supplier companies
  • consultants and Investment bankers
  • Government as well as Independent Regulatory Authorities

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 and is expected to register a significant growth of 7% in the next six years.

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion.

Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Automotive Lighting Market Research Report – Global Forecast to 2022

Study Objectives of Automotive Lighting Market

  • To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Global Automotive Lighting Market
  • To provide insights about factors affecting the market growth
  • To Analyze the Global Automotive Lighting Market based on various factors such as supply chain analysis, and Porter’s five force analysis
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segments by Technology, by Vehicle Type, by Lighting Position, and by End market.
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Automotive Lighting Market.

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Market Segmentation

Segmentation by Technology

  • Halogen
  • LED
  • Xenon

Segmentation by Vehicle Type

  • Two wheeler
  • Commercial Vehicle
  • Passenger Vehicle

Segmentation by Lighting Position

  • Front
  • Side
  • Rear
  • Interior

Segmentation by End Market

  • OEM
  • Aftermarket

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Global Vehicle Electrification Market, by product (electric power steering, electric air conditioner and others), By Application (residential, non-residential, industrial and others) – Forecast 2016-2022.

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