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Global Automotive Lighting Market 2019-2026:Quantitative Analysis By Koninklijke Philips N.V.; HYUNDAI MOBIS; Valeo; KOITO MANUFACTURING CO., LTD.; Magneti Marelli S.p.A.; OSRAM GmbH; STANLEY ELECTRIC & Others

Global Automotive Lighting Market

Global Automotive Lighting Market

Few of the major competitors currently working in the global automotive lighting market are Cree, Inc.; Tungsram; HELLA GmbH & Co. KGaA; Koninklijke Philips N.V.; HYUNDAI MOBIS; Valeo; KOITO MANUFACTURING CO., LTD.; Magneti Marelli S.p.A.; OSRAM GmbH; STANLEY ELECTRIC CO., LTD.; ZKW; Continental AG; Grupo Antolin; Tenneco Inc.; Lear Corporation; Gentex Corporation; FLEX-N-GATE CORPORATION; DENSO CORPORATION; Varroc Group; Lumax Industries; LG Electronics; SAMSUNG among others.

Competitive Analysis:

Global automotive lighting market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive lighting market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Market Drivers:

Rising adoption from the premium vehicles and manufacturers; this factor is expected to drive the growth of the market

Presence of various regulations and compliances regarding the applicability of lighting products in vehicles will propel the market growth

Growing rate of adoption for adaptive lighting systems is also expected to fuel the growth of the market

Increasing volume of vehicles amid rising levels of economic capabilities regarding the customization in vehicles acts as a market driver

Market Restraints:

Large levels of costs associated with the integration of LED lighting systems in vehicles; this factor is expected to restrict the growth of the market

Lack of usage of advanced lighting solutions from the various luxury vehicles will hamper this market growth

Segmentation: Global Automotive Lighting Market

By Technology

Halogen

Light-Emitting Diode (LED)

Xenon

By Application

Exterior Lighting

Headlights

Fog Lights

Daytime Running Lights (DRL)

Taillights

Centre High-Mount Stop Light (CHMSL)

Sidelights

Interior Lighting

Dashboard

Glove Box

Reading Lights

Dome Lights

Passenger Cars (PC) Lighting

Position

Interior Lighting

Dashboard

Glove Box

Reading Light

Dome Light

Exterior Lighting

Headlight

Fog Light

Daytime Running Light (DRL)

Taillight

Sidelight

Centre High-Mount Stop Light (CHMSL)

Light Commercial Vehicles (LCV) Lighting

Position

Interior Lighting

Dashboard

Glove Box

Dome Light

Exterior Lighting

Headlight

Fog Light

Daytime Running Light (DRL)

Taillight

Sidelight

Centre High-Mount Stop Light (CHMSL)

By Adaptive Lighting

Front Adaptive Lighting

Auto On/Off

Bending/Cornering

High Beam Assist

Headlight Levelling

Rear Adaptive Lighting

Ambient Lighting

By Vehicle Type

Passenger Cars (PC)

Compact

Mid

Luxury

Sports Utility Vehicles (SUVs)

Light Commercial Vehicles (LCV)

Heavy Commercial Vehicles (HCV)

Electric Vehicles (EV)

Battery Electric

Plug-In Hybrid Electric

Hybrid Electric

Two-Wheelers

Motorcycles

Scooters

By Electric Vehicle (EV) Technology

Halogen

Light Emitting Diode (LED)

Xenon

By Electric Vehicle (EV) Application

Exterior Lighting

Headlight

Fog Light

Daytime Running Light (DRL)

Taillight

Sidelight

Centre High-Mount Stop Light (CHMSL)

Interior Lighting

Dashboard

Glove Box

Reading

Dome

By Two-Wheeler Technology

Halogen

Light Emitting Diode (LED)

Xenon

By Product Scale

Original Equipment Manufacturers (OEMs)

Aftermarket

By Geography

North America

Europe

Asia-Pacific

South America

Middle East and Africa

Key Developments in the Market:

In April 2019, HELLA GmbH & Co. KGaA announced that they had agreed to a cooperation agreement with Liuzhou Wuling Automotive Industry Co., Ltd. for the advancement of automotive lighting solutions. This agreement will lead to better presence of HELLA in China as they look to provide greater access to their product innovations for the consumers

In January 2019, Valeo and Cree, Inc. announced that they had developed a new High Definition (HD) LED array for automotive lighting which will be exhibited at “CES 2019” as “Valeo PictureBeam Monolithic”. This innovative product range is based on Cree’s LED technology which can enhance the safety of vehicles

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Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints

Key market players involved in this industry

Detailed analysis of the market segmentation

Competitive analysis of the key players involved

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