Market Scenario:
Lighting is an important component in automobiles. It plays an important role in safety factor. It is primarily used in automobiles to increase the visibility in darkness & in bad weather conditions. It also increases the conspicuity of the vehicle. Continuous development in the automotive industry & focusing on improve the efficiency of lighting, are the primary driving factors of the Automotive Lighting market. In addition, factors such as increasing vehicle production globally are also the driving factor for the Automotive Lighting market. However high cost of the lighting product act as restraints of the Automotive Lighting market.
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Key Players of Automotive Lighting Market:
• General Electric
• Hella KgaA Heuck & Co.
• Stanley Electric Co ltd.
• Osram GmbH
• Kononklijke Ichikoh Industries Ltd.
• Philips N.V.
• Koito Manufacturing Co. ltd.
• Valeo S.A.
• Magneti Marelli S.P.A.
Study Objectives of Automotive Lighting Market:
• To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Global Automotive Lighting Market
• To provide insights about factors affecting the market growth
• To Analyze the Global Automotive Lighting Market based on various factors such as supply chain analysis, and Porter’s five force analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by Technology, by Vehicle Type, by Lighting Position, and by End market.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Automotive Lighting Market.
Regional Analysis of Automotive Lighting Market:
Asia-Pacific region hold the largest market share in Automotive Lighting market, because increasing automotive manufacturing activities and increasing energy efficiency demand in this region, increase the Automotive Lighting market. This region will witness the fastest growth in forecast period. European region will show the steady growth in forecast period because increasing adoption in the break, reverse, interior lights and signal indicators.
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Intended Audience:
• Automotive Lighting manufacturers
• Distributer & Supplier companies
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
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