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(I-AutoNewsWire.com, August 30, 2018 ) This industry study presents the global Vehicles Lighting market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Vehicles Lighting production, revenue and market share by manufacturers, key regions and type;
The consumption of Vehicles Lighting in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Koito (Japan), Valeo (France), etc.
The lighting system of vehicles consists of lighting and signaling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle.
The lighting system consists of lighting and signaling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle. This lights the roadway for the driver and increases the visibility of the vehicle, allowing other drivers and pedestrians to see a vehicle's presence, position, size, direction of travel, and the driver's intentions regarding direction and speed of travel. Emergency vehicles usually carry distinctive lighting equipment to warn drivers and indicate priority of movement in traffic.
On the basis of technology, the market is segregated into halogen, xenon, and LED. Halogen dominated the industry in 2017 and is expected to grow at a CAGR of over 4.2% from 2017 to 2023. Low purchasing & replacement cost and easy availability are few factors for the adoption of halogen technology. They are available in different dimensions and are cost-effective and easy to replace. However, excessive heat loss while light radiation has increased awareness for energy efficiency leading to the reduced usage of halogen. LED lighting market accounted for over 10% of the overall share in 2017 and is expected to witness substantial growth over the forecast period. This is largely attributed to red LED applications such as indicators and brake lights
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Global Vehicles Lighting market size will reach 28000 million US$ by 2025, from 19700 million US$ in 2017, at a CAGR of 4.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Vehicles Lighting.
The following manufacturers are covered in this report: Koito (Japan) Valeo (France) Hella (Germany) Magneti Marelli (Italy) ZKW Group (Austria) Lumax Industries (India) Varroc (USA) TYC (China) Xingyu (China)
Vehicles Lighting Breakdown Data by Type: Xenon Lights Halogen Lights LED Other
Vehicles Lighting Breakdown Data by Application: Front Light Rear Combination Light Fog Lights Interior Lighting Others
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The study objectives of this report are: To analyze and research the global Vehicles Lighting status and future forecast involving, production, revenue, consumption, historical and forecast. To present the key Vehicles Lighting manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years. To segment the breakdown data by regions, type, manufacturers and applications. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. To identify significant trends, drivers, influence factors in global and regions. To strategically analyze each submarket with respect to individual growth trend and their contribution to the market. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Key Points from TOC: Chapter One: Study Coverage Chapter Two: Executive Summary Chapter Three: Market Size by Manufacturers Chapter Four: Vehicles Lighting Production by Regions Chapter Five: Vehicles Lighting Consumption by Regions Chapter Six: Market Size by Type Chapter Seven: Market Size by Application Chapter Eight: Key Industry Players Chapter Nine: Entry Strategy for Key Countries Chapter Ten: Production Forecasts Chapter Eleven: Consumption Forecast Chapter Twelve: Opportunities & Challenges, Threat and Affecting Factors Chapter Thirteen: Key Findings in the Global Vehicles Lighting Study Chapter Fourteen: Appendix
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