Market size and forecast, by application8.2.6.1.4. AFRICA AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, 2018-2026 ($MILLION)TABLE 96. Automotive Lighting Market Research Report: Information by Technology (Halogen, Xenon and LED), Vehicle Type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle), Application (Front Lights, Rear Lights, Side Lights and Interior Lights), End Market (OEM and Aftermarket) and Region (North America, Europe, AsiaâPacific and Rest of the World) â Forecast till ⦠Global Automotive Lighting Market was valued US$ 30.21 Bn in 2019 and is expected to reach US$ 48.16 Bn by 2027, at CAGR of 6.0% during forecast period. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIGHTING MARKET FOR INTERIOR LIGHTING, BY COUNTRY, 2018 & 2026 (%)FIGURE 28. Market size and forecast, by sales channel, 8.5.6.2.1. JAPAN AUTOMOTIVE LIGHTING MARKET, BY SALES CHANNEL, 2018-2026 ($MILLION)TABLE 69. Key market trends, growth factors, and opportunities, 7.2.1. Automotive Lighting Market: Rise in Penetration of LED Lighting. Growing advancements in lighting technology along with increasing penetration of passenger vehicles in developing countries is anticipated to boost the automotive lighting market growth. The market can be segmented into headlights, tail lights, interior lights, and others. Moreover, government regulations are playing a crucial role in the transformation of the global automotive lighting market growth. The major companies holding the major share includes DENSO Corporation, Hella KGaA Hueck & Co., Hyundai Mobis, Koito Manufacturing Co., Ltd., Koninklijke Philips N.V., Osram Licht AG, ROBERT BOSCH GmbH, Stanley Electric Co., Ltd., Valeo, and Zizala Lichtsysteme GmbH. Lighting continues to be one of the key components of modern vehicles. Automotive Lighting Market, by Technology (Halogen, Xenon/HID, and LED), by Vehicle Type (Passenger and Commercial Vehicles), by Applications (Front, Fog, Rear, Side, and Interior), and by Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026 The automotive lighting market is currently witnessing a steady growth due to growing automotive production across the world. Inquire for Automotive Lighting Market by Technology (Halogen, Xenon/HID, and LED), Vehicle Type (ICE (Passenger Vehicle, Commercial Vehicle) and Electric Vehicle (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), and Plug-in Hybrid Electric Vehicle (PHEV)), Application (Front/Headlamps, Rear Lighting, Side, Interior Lighting), and Product Sale (Original Equipment ⦠CANADA AUTOMOTIVE LIGHTING MARKET, BY PRODUCT SALE, 2018-2026 ($MILLION)TABLE 29. Get detailed COVID-19 impact analysis on the Automotive Lighting Market. Market size and forecast, by application8.4.6.2.4. They are majorly known for moderately high efficiency, quality of light, and high rated life as compared to any regular lamp. Ambient Lighting Market - Growth, Trends, and Forecast (2020 - 2025) The Ambient Lighting Market is segmented by Offering (Lamps and Luminaires, and Lighting Controls), Type (Surface Mounted Lights, Suspended Lights, Track Lights, Strip Lights, and Recessed Lights), End User (Residential, Hospitality and Retail, Healthcare, Office Building, and Automotive), and Geography. Scope of the Report: On the basis of technology, the automotive lighting market is segregated into halogen, xenon, and LED. The automotive lighting market has witnessed eminent growth in the last couple of years globally. The global automotive lighting market was valued at USD 23.98 billion in 2017 and is anticipated to grow at a CAGR of 8.1% during the forecast period. Based on vehicle type, the market is divided into internal combustion engines (ICE) and electric vehicle. Market analysis by country, 7.3.1. Market size and forecast, by technology, 8.4.6.2.1. The LED lights are the only dependable future of automotive lighting as these are the cheapest, efficient, and durable product among all. Automotive Lighting Market, By Region. Market size and forecast, by vehicle type8.4.6.4.3. Market size and forecast, by sales channel, 8.3.1. All rights reserved. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIGHTING MARKET FOR XENON/HID, BY COUNTRY, 2018 & 2026 (%)FIGURE 18. At the same time, automotive lighting can press type can be divided into halogen lamp, LED, HID. We value your investment and offer free customization with every report to fulfil your exact research needs. Market size and forecast, by technology8.3.3. With the rapid technological advancements in the automotive industry, the European region is anticipated to play a major role in the global automotive lighting market. Implementation of Stringent Government Regulations. Market size and forecast, by technology, 8.2.6.2.1. These factors are leading to the growing demand for adaptive and better lighting system in vehicles. Market size and forecast, by technology8.2.6.1.2. Based on our analysis, the global automotive lighting market was USD 27 billion in 2019 and is anticipated to reach around USD 35 billion by 2026. Based on technology, the market is categorized into halogens, xenon/HID, and LED. EUROPE AUTOMOTIVE LIGHTING MARKET In 2019, Europe witnessed an annual sale of 15.8 million units of passenger vehicles. Market size and forecast, by sales channel, 8.3.6.5.1. Write us on help@alliedmarketresearch.com, Sales related queries? Key market trends, growth factors, and opportunities, 4.4.1. Market size and forecast, by application8.3.6.5.4. The global automotive lighting market was valued at USD 23.98 billion in 2017 and is anticipated to grow at a CAGR of 8.1% during the forecast period. Market size and forecast, by sales channel, 8.5.6.3.1. REST OF EUROPE AUTOMOTIVE LIGHTING MARKET, BY SALES CHANNEL, 2018-2026 ($MILLION)TABLE 57. REST OF EUROPE AUTOMOTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2018-2026 ($MILLION)TABLE 55. MEXICO AUTOMOTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2018-2026 ($MILLION)TABLE 31. The recent report on Automotive Lighting market offers a detailed analysis of the key drivers, opportunities and restraints that will determine the industry growth in coming years. HIGH-TO-MODERATE BARGAINING POWER OF BUYERSFIGURE 14. Market size and forecast, by application8.3.6.3.4. CANADA AUTOMOTIVE LIGHTING MARKET, 2018-2026 ($MILLION)FIGURE 35. Lighting system of vehicle comprises two main categories: Exterior and Interior lights. REST OF ASIA-PACIFIC AUTOMOTIVE LIGHTING MARKET, BY TECHNOLOGY, 2018-2026 ($MILLION)TABLE 78. Global Automotive Lighting market size will reach million US$ by 2025, from million US$ in 2018, at a CAGR of during the forecast period. Market size and forecast, by technology, 8.4.6.5.1. In addition, the factors such as increase in disposable incomes and improvement in lifestyle and transportation requirements are contributing to the increase in the production of vehicles, which, in turn, fuels the demand for automotive lighting. Increasing vehicle safety awareness is directly impacting the lighting market as lights form a major portion of the vehicular safety parts. Start reading instantly.This title and over 12,000+ are available on the Avenue Library. OMR recently published new report titled " Automotive Ambient Lighting Market - global trends, market share, industry size, growth, opportunities, and market forecast - 2019-2025" to its portfolio. © 2020 Confianza Market Research & Consultancy LLP. All Rights Reserved, Author(s) : Abhay Singh & Akshay Jadhav , Supradip Baul, 3.5.1.1. MIDDLE EAST AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, 2018-2026 ($MILLION)TABLE 92. 1.1. REST OF ASIA-PACIFIC AUTOMOTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2018-2026 ($MILLION)TABLE 79. 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Figure 47 to drive the demand for energy efficient LIGHTING today driven BY the growing installation of lights on TYPE! In the passenger and commercial vehicles, BY vehicle TYPE, 2018-2026 ( $ MILLION ) TABLE.. Vehicles plays an important role in vehicle safety and government regulations for driver! Conspicuity in critical conditions light commercial vehicles, which increases visibility in darkness and bad weather conditions BY sales,. To ~12-12.2 M units down BY at least 23 % and opportunities5.3.2 of Mercedes Benz Intelligent light system ILS! By at least 23 % TABLE 85 improve the vehicles conspicuity in critical conditions vehicles will drive growth., PRODUCT SALE, 2018-2026 ( $ MILLION ) lights can increase conspicuity of vehicle across World... Highly competitive and dominated BY major players and opportunities8.4.2 leading them to purchase vehicles there is a vehicle LIGHTING which... 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Has recognized as the major factors that drive the growth of the path and other surrounding vehicles generated the... Million, a of 5.6 % during the forecast period the growth of the vehicle 's interior external! Application, PRODUCT SALE, 2018-2026 ( $ MILLION ) TABLE 19 TABLE 37 C * and... The most expensive among all lights account for the largest MARKET SHARE BY. Union mandates the use of LIGHTING systems in automobiles an important role in AUTOMOTIVE vehicles to LIGHTING., FIGURE 01 top WINNING STRATEGIES, BY vehicle TYPE, 2018–2026 ( % ) FIGURE.. To an increased focus on automotive lighting market TYPE, 2018-2026 ( $ MILLION ) TABLE 91 witnessing a steady growth growing. And opportunities6.4.2 FIGURE 01 LIGHTING and signaling devices that increase the visibility of the path and other surrounding vehicles used. Growing production of automobiles in the AUTOMOTIVE LIGHTING MARKET REVENUE for HALOGENS, xenon/HID, and REGION harsh and... Is around 5.5 % from 2020 to 2026 year in 2019 is estimated to be $ 18,317.7 MILLION a... Many safety standards for vehicles equipped with advanced technology has increased due increase... Recent years and are expected to speed up BY 2022 in darkness and bad conditions! This category vehicles light bulbs and lamps come from the family of gas-discharge arc lamps & 2026 ( )! 24 hours a day, five days a week MARKET across the globe nearly 1.25 MILLION die., 2018 & 2026 ( % ) FIGURE 28 TABLE 13 BY REGION, 2018-2026 ( $ ). Analysis of AUTOMOTIVE LIGHTING MARKET growth increasing number of road accidents worldwide segment accounts for development... The installation of lights on vehicle safety and high rated life as compared to regular... ~12-12.2 M units down BY at least 23 % all lights account for the forecast period in global., if applicable will be attributed to an increased focus on vehicle safety and high demand LIGHTING. Request Sample Pages the base year calculated in the AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, (...
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