Automotive Lighting Market Competitive Analysis, Trends and Forecast till 2021

“Global Automotive Lighting Market 2017 to 2021” presents an in-depth assessment of the Automotive Lighting including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Automotive Lighting investments from 2018 till 2021.

Competitive landscape and key vendors

The automotive off-road lighting market consists of aftermarket players who account for the maximum shares. The rising need for vehicles such as SUVs and crossovers that offer off-road capabilities will provide a strong growth opportunities for vendors in the off-road lighting market. Since the lights manufactured by OEMs do not meet the lighting requirements for real off-road applications, there are high growth opportunities for the aftermarket vendors as well.

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Companies Mentioned are: Hella, KOITO, Magneti Marelli, OSRAM, and Valeo.

Other Prominent Vendors in the market are: Federal-Mogul, NEOLITE, SL Corporation, and Varroc Group.

Global Automotive Lighting Market to grow at a CAGR of 4.62% during the period 2017-2021

The report covers the present scenario and the growth prospects of the global automotive lighting market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Segmentation by end-user and analysis of the automotive off-road lighting market
Aftermarkets
OEMs
 
The market is divided into the following segments based on geography: Americas, APAC, EMEA

Commenting on the report, an analyst from Industrydataanalytics team said: “The latest trend gaining momentum in the market is Decline in time gap between introduction of each new lighting technology. Looking onto the introduction timeline of automotive headlight systems, we are finding a trend of gradually dropping time gap between the introduction of each new lighting technology. This trend is, in turn, setting very short time to market (TTM) option for OEMs and suppliers, which can impact the product strategies for the entire value chain. Continuing the trend, we expect the next automotive headlight technology to be introduced anytime between 2018 and 2020.” ”

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This independent 90 page report guarantees you will remain better informed than your competition. With over tables and figures examining the Automotive Lighting market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.  

Lighting in an automobile is one of the major systems since it provides safety and convenience while driving. In the modern vehicles, it is an important styling aspect too. The automotive lighting system includes lighting and signaling devices located on the front, sides, and rear of a vehicle. The primary function of automotive lighting is to ensure visibility to the driver by illuminating the path ahead of the automobile. Lighting improves vehicle visibility by indicating the presence and position of the vehicle to others. Hence, automotive lighting systems are designed and developed as per the visibility spectrum and its perception by human eyes.

Major points covered in Global Automotive Start-stop System Market2018 Research are:-

What will the market size and the growth rate be in 2021?
What are the key factors driving the Global Automotive Lighting market?
What are the key market trends impacting the growth of the Global Automotive Lighting market?
What are the challenges to market growth?
Who are the key vendors in the Global Automotive Lighting market?
What are the market opportunities and threats faced by the vendors in the Global Automotive Lighting market?
What are the key outcomes of the five forces analysis of the Global Automotive Lighting market?

According to the report, one of the major drivers for this market is Increasing adoption of ambient lighting in mid-premium and entry-level vehicles. Ambient lighting is the interior lighting, which enhances the cabin appearance, especially during night time. It provides a stylish atmosphere inside automobiles. This concept was introduced in luxury vehicles in 2007 and has expanded to mid-prime and economical models ever since. The number of aftermarket vendors in the ambient lighting market is increasing owing to the consumer preference for better interior lighting. 

Market Challenge in this Report:

- High cost of raw materials
- For a full, detailed list, view our report  

Market Trend in this Report:

- Decline in time gap between introduction of each new lighting technology
- For a full, detailed list, view our report 

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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