Automotive Lighting Market – 2019 Share, Size, Growth, Trends, Competitive Landscape, Regional Analysis With Global Industry Forecast To 2023

Pune, India – August 7, 2019 /MarketersMedia/ —

Automotive Lighting Market 2019 Global Size, Growth Trends, And Regional Outlook to 2023 is latest report published by Market Research Future. Global Automotive Lighting Market is to grow at healthy 6.43% CAGR by 2023. Global Automotive Lighting Market by Technology (Halogen, Xenon and LED), Vehicle Type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle), Application (Front Lights, Rear Lights, Side Lights and Interior Lights), End Market (OEM and Aftermarket) and Region with Forecast To 2023.

Automotive Lighting Key Players Analyzed in Report:

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

Get Free Sample “Automotive Lighting Market Research Report-Global Forecast till 2023” at: https://www.marketresearchfuture.com/sample_request/1819

Automotive Lighting Market Highlights:

Global Automotive Lighting Market to Grow over 30,107 MN USD by 2023, Asserts MRFR Unleashing the Forecast for 2015-2023. 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.

According to a recent study report published by Market Research Future (MRFR), the global automotive lighting market is projected to grow over USD 30,107 MN by 2023, registering approximately 6.43% CAGR during the forecast period (2015 – 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.

The increase in sales of new vehicles has been fueling the growth of automotive lighting market. The increase in the sales of new vehicles has mainly been because of competitive and diverse options available for finance. The availability of finance has eased the purchase of vehicles, due to which there has been a rise in the use of automotive lighting. Another factor responsible for the increase in vehicle sales, is the macroeconomic development and the rise in the global middle-class consumers. According to OICA, the sales of new vehicles have been increased from 2013 to 2016. In 2013, the number of vehicles sold were 85.6 million while in 2016 it was 9.38 million.

Global Automotive Lighting Market Segments:

MRFR has segmented the analysis into five key dynamics; for better understanding: –

By Technology: Halogen, LED, and Xenon.

By Vehicle Type: Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle among others.

By Application: Front Lights, Side Lights, Rear Lights, and Interior Lights.

By End Market: OEM and Aftermarket.

By Region: Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).

Global Automotive Lighting Market Regional Overview:

Being home to the most populous countries of the world such as China and India among others, the dominance of APAC becomes evident in the global automotive lighting market value. The market has been experiencing rapid growth in the last two years owing to the rising sales of passenger cars, increasing usage of lighting on vehicles, increasing popularity of LED lights and technological advancements are giving a much-needed thrust to the automotive lighting market.

North America is one of the major producers of automotive lighting due to the presence of big giants in automotive lighting. Moreover, the rising demand for passenger cars have resulted in increasing demand for automotive lighting has augmented the North American market. Geographically, US has consumed around 75.4% of market share in 2016 followed by Canada.

The European region is another lucrative market for automotive lighting market. The region accounts for the global automotive hub for research and innovation. Undoubtedly, the resurging economy is playing a vital role in the growth of the market in the region. The growing passenger cars markets in Germany, the UK, France, and Italy will majorly support the market growth in the region.

TABLE OF CONTENTS:

1. Executive Summary

2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat Of New Entrants

3.1.2. Bargaining Power Of Buyers

3.1.3. Threat Of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power Of Buyers

3.2. Value Chain/Supply Chain Analysis

3.3. Technology Trends

3.4. Patent Trends

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

5. Global Automotive Lighting Market, By Product Type

5.1. Introduction

5.2. External Gear Pump

5.2.1. Market Estimates & Forecast, 2018–2023

5.2.2. Market Estimates & Forecast By Region, 2018–2023

5.3. Internal Gear Pump

5.3.1. Market Estimates & Forecast, 2018–2023

5.3.2. Market Estimates & Forecast By Region, 2018–2023

Continued…

List Of Tables:

TABLE 1 GLOBAL AUTOMOTIVE LIGHTING MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION) 30

TABLE 2 GLOBAL AUTOMOTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 34

TABLE 3 GLOBAL AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 38

TABLE 4 GLOBAL AUTOMOTIVE LIGHTING MARKET, BY END MARKET, 2015-2023 (USD MILLION) 42

TABLE 5 GLOBAL AUTOMOTIVE LIGHTING MARKET, BY REGION, 2015-2023 (USD MILLION) 45

TABLE 6 NORTH AMERICA AUTOMOTIVE LIGHTING MARKET, BY COUNTRY 2015-2023 (USD MILLION) 47

TABLE 7 NORTH AMERICA AUTOMOTIVE LIGHTING MARKET, BY TECHNOLOGY 2015-2023 (USD MILLION) 47

TABLE 8 NORTH AMERICA AUTOMOTIVE LIGHTING MARKET, BY VEHICLE TYPE 2015-2023 (USD MILLION) 48

TABLE 9 NORTH AMERICA AUTOMOTIVE LIGHTING MARKET, BY APPLICATION 2015-2023 (USD MILLION) 48

Continued…

LIST OF FIGURES:

FIGURE 1 RESEARCH PROCESS OF MRFR 16

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 18

FIGURE 3 IMPACT ANALYSIS: MARKET DRIVERS 20

FIGURE 4 SALES OF NEW VEHICLE, 2013-2016, 21

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS 22

FIGURE 6 FIVE FORCES ANALYSIS 24

FIGURE 7 VALUE CHAIN ANALYSIS 26

FIGURE 8 GLOBAL AUTOMOTIVE LIGHTING MARKET, BY TECHNOLOGY, 2016 (%) 29

FIGURE 9 GLOBAL AUTOMOTIVE LIGHTING MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION) 30

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services

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Website: https://www.marketresearchfuture.com/reports/automotive-lighting-market-1819

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