1. Market Research
  2. > Manufacturing
  3. > Electrical Equipment Market Trends

Lighting Market for Automotive by Technology, Position, Adaptive Front, Rear, Interior, Two-Wheeler, Vehicle Type, & by Region - Forecast to 2021

  • April 2016
  • 222 pages
  • MarketsandMarkets
Report ID: 3765461

Summary

Table of Contents

Search Inside

“Increasing vehicle demand will primarily push the global automotive lighting industry”
The automotive lighting market, by value, is projected to grow at a CAGR of 7.22% from 2016 to 2021 reaching USD 29.53 billion. Major factors driving market growth include growing concern regarding safety especially at night and in low visibility circumstances, rising demand for advanced technologies like adaptive lighting systems to enhance driver’s sight without disturbing the on-coming traffic and overall increasing vehicle sales around the globe.

“LED technology to lead in the future”
The market for LED technology is projected to grow at the highest CAGR in terms of value and volume compared to other technologies during the forecast period. This high demand can be substantiated with reasons such as their energy efficiency as LED lights consume less power as compared to halogen lamps, lightweight, and flexibility factor is higher in LED which minimizes design constraints faced by OEMs. Moreover, market for LED technology is also influenced positively by regulatory mandates in Europe.

"Asia-Oceania region to dominate the market growth”
Asia-Oceania region is estimated to dominate the automotive lighting market in terms of value. It is projected to grow at the highest CAGR during the forecast period. This can be attributed to emerging economies like China. Growth in this region is due to factors such as lenient labor laws, economical labor and raw materials, strong state support that supports growth in vehicle production.

The study contains insights provided by various industry experts. The break-up of the primaries is as follows:

- By Company Type – Tier-1 - 53 %, OEM 28%, and Others - 19%
- By Designation - C level - 48%, Director level - 33%, and Others - 19%
- By Region - Europe - 36%, and Asia-Oceania - 20%, North America - 28%, RoW – 16%

OLED and Laser lighting technologies are very recently introduced technologies in the market. Laser lights could be used in headlamps, whereas OLED lights are more applicable in side and rear lighting positions.
Ten major companies in the automotive lighting industry are profiled. They are Hella KGaA Hueck & Co (Germany), Magneti Marelli S.p.A (Italy), Stanley Electric K.K (Japan), Valeo S.A. (France), Koito Manufacturing Co. Ltd. (Japan), Osram Licht AG (Germany), Koninklijke Philips N.V (Netherlands), Hyundai Mobis (South Korea), Ichikoh Industries Ltd. (Japan), and General Electric (U.S.).

Reasons to Buy the Report:

The report provides insights with reference to the following points:
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for automotive lighting across regions

- Product Development/Innovation: Detailed insights into R&D activities, upcoming technologies, and new product launches in the global automotive lighting market

- Market Diversification: Detailed information about untapped markets, investments, new products, and recent developments in the global automotive lighting market

- Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading players in the global automotive lighting market

- Supplier analysis: Brief analysis of Who Supplies Whom data for key lighting manufacturers and their clients (OEMs)

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Lighting Products Market - U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • March 2017
  • by Transparency Market Research

U.S. Lighting Products Market: Overview The U.S. lighting products market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast and 2015 is the base ...

Solid-State and Other Energy-Efficient Lighting Market by Technology, Installation Type, Offering, Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“Rising demand for energy-efficient lighting technologies expected to drive the solid-state and other energy-efficient lighting market” The solid-state and other energy-efficient lighting market is ...

Street and Roadway Lighting Market by Lighting Type, Light Source, Wattage Type, End User, Offering, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“Street and roadway lighting market expected to grow at a CAGR of 6.03% between 2016 and 2022” According to the new market research report, the street and roadway lighting market is expected to grow ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.