Latest
industry research report on: Global Automotive
Lighting Market
: Industry Size, Share, Research, Reviews, Analysis, Strategies,
Demand, Growth, Segmentation, Parameters, Forecasts
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.
Technavios analysts forecast
the global automotive lighting market to grow at a CAGR of 4.62%
during the period 2017-2021.
Covered
in this report
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.
The
market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio's
report, Global Automotive Lighting Market 2017-2021, has been
prepared based on an in-depth market analysis with inputs from
industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.
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Key vendors
- Hella
- KOITO
- Magneti Marelli
- OSRAM
- Valeo
Other prominent vendors
- Federal-Mogul
- NEOLITE
- SL Corporation
- Varroc Group
Market driver
Increasing adoption of ambient
lighting in mid-premium and entry-level vehicles
For a full, detailed list, view
our report
Market challenge
High cost of raw materials
For a full, detailed list, view
our report
Market trend
Decline in time gap between
introduction of each new lighting technology
For a full, detailed list, view
our report
Key questions answered in
this report
What will the market size be in
2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to
market growth?
Who are the key vendors in this
market space?
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