Automotive Lighting Market 2019 Size, Growth, Share, Sales, Revenue, Business Insight And Regional Analysis With Global Industry Forecast To 2023
According to latest Automotive Lighting Market Analysis 2019 to 2023 report, the global Automotive Lighting market is expected to grow at 6% CAGR by 2023. Report include insightful analysis done by Automotive Lighting Industry expertise which comprises valuable information on Automotive Lighting Market.
Pune, India – September 30, 2019 /MarketersMedia/ —
According to latest Automotive Lighting Market Analysis 2019 to 2023 report, the global Automotive Lighting market is expected to grow at 6% CAGR by 2023. Report include insightful analysis done by Automotive Lighting Industry expertise which comprises valuable historical and forecast information on 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.
Global Automotive Lighting Market Overview:
Report provides valuable insights on Automotive Lighting Industry key players sales, revenue, market shares, size, trends in terms of volume, opportunity and risk assessment with regional market analysis from 2019 to 2023.
Get Free Sample Copy of “Automotive Lighting Market Research Report – Global Forecast 2023” at: https://www.marketresearchfuture.com/sample_request/1819
The global automotive lighting market has been largely benefiting from the changing paradigms in government regulations and end user’s perspective towards enhanced safety in automobiles.
Despite a turbulence caused by the global economic slowdown of 2008, the automotive market has been able to gain back the pre-crisis annual growth rate by 2014. With several driving trends such as the growing demand for passenger vehicles, growing urban population, expansion of global auto-manufacturers into new emerging markets, and rising disposable income of the middle-class population. The global automotive lighting market is poised to grow over USD 32,800.0 Million by 2025 at an estimated CAGR of 6.0% through the forecast period.
Increased consumption of these lights is seen from two-wheelers to four-wheelers. Factors such as the increased sales of lightweight vehicles, growing automobile industry, increasing focus on energy-efficient lighting systems are expected to provide impetus to the growth of the automotive lighting market, globally. The automotive lighting market is growing due to the availability of cost-attractive, long lasting, and efficient lighting systems such as LED. Along with the technological developments in the vehicles, automated lighting systems have advanced too.
Automotive Lighting Market Segment Analysis:
The global automotive lighting market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Technology: Comprises Halogen, LED, and Xenon
Segmentation by Vehicle Type: Comprises Passenger Car, Light Commercial Vehicle & Heavy Commercial Vehicle
Segmentation by Application: Comprises Front Lights, Side Lights, Rear Lights and Interior Lights
Segmentation by End Market: Comprises OEM & Aftermarket
Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Detailed Regional Outlook:
The global automotive lighting market is expected to witness significant growth during the forecast period. In 2018, the global automotive lightings market was led by Asia-Pacific followed by Europe and North America. Asia-Pacific is a major revenue generator to the global automotive lighting market, where China, Japan, and India are considered as the prominent countries 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 the second leading market of the automotive lighting market and is estimated to grow at a significant rate during the forecast period. 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 has resulted in increasing demand for automotive lighting has augmented the North American market.
Report Scope:
Study Period: 2018 to 2023.
Base Year: 2018.
COMPETITIVE ANALYSIS
12.1 Magneti Marelli 90
12.1.1 Company Overview 90
12.1.2 Product/Service Offerings 90
12.1.3 Financial Overview 91
12.1.4 Strategy 92
12.1.5 Key Developments 93
12.1.6 SWOT 94
12.2 Philips Lighting NV 95
12.2.1 Company Overview 95
12.2.2 Product/Service Offering 95
12.2.3 Financial Overview 96
12.2.4 Strategy 97
12.2.5 SWOT Analysis 98
12.3 Ichikoh Industries Ltd 99
12.3.1 Company Overview 99
12.3.2 Product/Service Offering 99
12.3.3 Financial Overview 99
12.3.4 Strategy 101
12.3.5 SWOT Analysis 101
12.4 HELLA KGaA Hueck & Co 102
12.4.1 Company Profile 102
12.4.2 Financial Overview 102
12.4.3 Product/Service Offering 103
12.4.4 Strategy 103
12.4.5 SWOT Analysis 104
12.5 Koito Manufacturing CO., LTD. 105
12.5.1 Company Profile 105
12.5.2 Financial Overview 105
12.5.3 Product/Service Offering 106
12.5.4 Strategy 106
12.5.5 SWOT Analysis 107
12.6 ZKW Lichtsysteme GmbH 108
12.6.1 Company Profile 108
12.6.2 Financial Overview 108
12.6.3 Product/Service Offering 108
12.6.4 Strategy 108
12.6.5 Chart: Key Developments 109
12.7 Peterson Manufacturing Company
12.7.1 Company Profile
12.7.2 Financial Overview
12.7.3 Product/Service Offering
12.7.4 Strategy
12.8 OSRAM GmbH
12.8.1 Company Profile
12.8.2 Financial Overview
12.8.3 Product/Service Offering
12.8.4 Strategy 112
12.9 Stanley Electric Co. Ltd
12.9.1 Company Profile
129.2 Financial Overview
12.9.3 Product/Service Offering
12.9.4 Strategy
12.9.5 Chart: Stanley Electric Co. Ltd: KEY DEVELOPMENTS
12.10 General Electric
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Strategy
Continued…
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