Single User License: Automotive Lighting Market - Global Industry USD 4315.5 Flat 10% Discount!! Analysis, Size, Share, Growth, Trends And Free Customization as per your requirement Forecast 2014 - 2020 You will get Custom Report at Syndicated Report
Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
price Report will be delivered with in 15-20 working days
Request Sample
Buy Now
REPORT DESCRIPTION
Automotive lighting includes lighting and signaling devices fitted to the sides, rear, front and interiors of the vehicle. The use of automotive lighting is on rise owing to its functionalities such as visibility, safety for the driver during cloudy, dark and bad weather conditions. Automotive lighting helps in the intimation of vehicle position, direction of travel and size to pedestrians and other drivers. At present, there has been an increased awareness among the people related to safety of vehicle. Low energy consumption of LEDs, high purchasing power of the consumers and strict automotive regulations has increased the importance of automotive lighting across the globe. In addition, increasing vehicle population in BRIC countries, have boosted the growth of automotive lighting market. Read More @ http://www.transparencymarketresearch.com/automotive-lighting-market.html Automotive lighting market is dependent on demand in automotive industry. In recent years, it has been observed that the automotive industry is expected to grow at a promising rate; hence, the automotive lighting market is expected to grow significantly in terms of value and volume. Automotive lighting enhances the look of vehicle, exteriors as well as interiors. Development of LED lighting technology helps automobile manufacturers in minimizing the energy consumption. The key factors driving the market for automotive lighting include strict government regulations, low energy consumption in LED lighting systems, high purchasing power of the consumers and enhancing demand for advanced technologies. However, high costs involved in research and developments (R&D) and high costs of LED lighting systems are the factors restraining the market growth. Furthermore, increasing production of automotives in BRIC nations shows great opportunities for this market.
The global market for automotive lighting is segmented on the basis of position, vehicle type, technology and geography. In terms of position the market is segmented into front, rear, side and interior automotive lighting. The front lighting mainly consists of fog lamps and head lamp unit. High beam, low beam, DRLs (daylight running lamps) and indicator are integrated into the head lamp unit. The tail light unit mainly includes position lamp, indicators and stop lamp. Rear lighting alerts the pedestrians and vehicles present behind the vehicle. On the basis of vehicle type the market is segmented into passenger cars, bus, LCV, and heavy trucks. In addition, different technologies used in automotive lighting market include halogen, HID/xenon and LED lighting technology. Easy availability and low cost of halogen technology makes the segment as the most dominant segment in automotive lighting market. In developing regions of the world, high cost of LED and Xenon technologies generates demand for halogen technology. However, reducing costs and advanced features of Led technology is expected to decrease the demand for halogen during the forecast period. Some of the key players in the automotive lighting market include Valeo S.A., Koito Manufacturing Ltd., General Electric (GE), Hella Kgaa Hueck & Co., Ichikoh Industries Ltd, Hyundai Mobis, Magneti Marelli S.P.A, Royal Philips Electronics, Osram GMBH, Stanley Electric Co. Ltd, Zizala Lichtsysteme GMBH (ZKW) among others. This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include •
North America
•
Asia Pacific
•
Europe
•
Rest of the World
This report provides comprehensive analysis of •
Market growth drivers
•
Factors limiting market growth
•
Current market trends
•
Market structure
•
Market projections for upcoming years
Reasons for Buying this Report •
This report provides pin-point analysis for changing competitive dynamics
•
It provides a forward looking perspective on different factors driving or restraining market growth
•
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
•
It helps in understanding the key product segments and their future
•
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
•
It helps in making informed business decisions by having complete insights of market and by making indepth analysis of market segments
•
It provides distinctive graphics and exemplified SWOT analysis of major market segments
More Reports on Consumer Goods Market: http://www.transparencymarketresearch.com/consumer-goodsmarket-reports-7.html
About Us
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge. Contact: Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse Market Research Blogs: http://industrysource.wordpress.com/ https://marketingfirmblog.wordpress.com