Automotive Lighting Market – 2019 Share, Size, Growth, Trends, Competitive Landscape, Regional Analysis With Global Industry Forecast To 2023
Aug 7, 2019
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 6.43% CAGR by 2023. Global Automotive Lighting Market by Technology, Vehicle, Application, End Market and Region with 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…
About Market Research Future:
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
Contact Info:
Name: abhishek sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528,, Amanora Chambers Magarpatta Road, Pune, India.,
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/automotive-lighting-market-1819
Source: MarketersMedia
Release ID: 88905442
More News
Luigi Mangione arrest video: ‘That’s 100% him’ - newly released footage shows how police identified him at McDonald’s and what happened during his arrest
Luigi Mangione arrest video: Newly released body-camera footage shows the moments police identified Luigi Mangione at a McDonald’s in Pennsylvania and took him into custody. The video captures officers questioning his identity, including the name on his ID, before showing what happened during his arrest and the search that followed at the station.
How to make sure your mailed ballot counts in US midterm elections: Mail it early because the postmark date may not match the day you dropped it in the mailbox
As the 2026 US midterm elections approach, it's crucial for voters to mail their ballots ahead of time to avert potential complications. Remember, ballots must be postmarked by Election Day to be counted. In California, ballots can be accepted up to seven days late if they are postmarked correctly. Voters are encouraged to track their ballots to confirm acceptance.
Will Cornell University face action over Jane Doe gang rape case revelations?
The Cornell University is under renewed scrutiny after a former student filed a civil lawsuit alleging a 2024 gang rape at a Chi Phi fraternity house. Cornell says it investigated the allegations and disciplined students. Prosecutors have reopened the criminal investigation, while New York state has appointed a special prosecutor. Students are also demanding a further accountability and changes on campus.
Nike stock chart forms a 'Jumpman' after shares plunge - why is NKE down and the story behind Michael Jordan’s iconic logo
Nike’s stock chart has sparked a joke after commentator Trung Phan said its recent decline created a “Jumpman formation.” The comparison comes as Nike struggles with falling revenue, weakness in China and pressure on Jordan Brand. Here’s what’s behind the stock slide and the Jumpman logo’s history.
In Graphics: How the cost of Iran war piled up
As crude oil prices rose, India paid more for this critical import even though it got less of it, data shows. Trade with major partners in the region remains affected, households and companies are staring at high inflation, and the govt is footing an elevated subsidy bill.
Michael Douglas and Kathleen Turner romance: Basic Instinct actor admits secret relationship; here's who he was married to at the time
Michael Douglas has confirmed that he and Kathleen Turner had a secret romantic relationship while filming Romancing the Stone. The affair began in 1984 when Douglas was separated from his wife but still married. Both actors denied their romance publicly for over four decades to protect his family. Their relationship ended when Diandra, his wife, interfered after visiting the filming location in Mexico.
Fuel subsidies may top $1 trillion: UN
The UNDP analysis - which looked at data from the World Bank, the International Monetary Fund and the International Energy Agency - found the number of countries deploying different relief measures nearly doubled between April and September as the war's impact continued.
Fresh protest at Jantar Mantar on October 10 if CEC Gyanesh Kumar does not resign: CJP leader Dipke
The Cockroach Janta Party’s Abhijeet Dipke has announced a protest at Delhi’s Jantar Mantar on October 10 if Chief Election Commissioner Gyanesh Kumar does not resign.
Bonded warehouses may face 24-hour discrepancy reporting, five-year digital records under proposed customs overhaul
The government is considering tighter compliance rules for bonded warehouses, including a 24-hour deadline to electronically report shortages or discrepancies and mandatory digital records tracking goods from receipt to clearance, transfer or export. The proposed framework also envisages five-year record retention, monthly reporting and insurance against potential customs duty liabilities.
16 states await SSR, Hegde case, Attorney General opinion at centre of ECI rift
Both Election Commissioners -- Sukhbir Singh Sandhu and Vivek Joshi -- are learnt to have interpreted that the AG opinion and Hegde case inputs favoured resuming the decades-old convention of annual SSR, which was paused after 2024, skipped in 2025 and is yet to be announced in 2026, already late given the usual announcement timeline of May-July.
Adani Group committed to investment plans of over ₹6 lakh crore in Maharashtra across energy, airports and infra
Adani Group has announced plans to invest over ₹6 lakh crore in Maharashtra across multiple sectors. The investments are aimed at aiding Maharashtra's goal of becoming a $1 trillion economy by 2030. The group has committed to significant infrastructure projects, including the management of Mumbai's airports and renewable power sourcing. Additionally, the Dharavi Redevelopment Project will transform the area with modern housing and economic opportunities.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.