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Automotive Lighting Market Analysis, Industry Forecasts, 2017 - 2024

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Title: Automotive Lighting Market Analysis, Industry Forecasts, 2017 - 2024


1
Global Automotive Lighting Market Size, Share,
Research Report 2017 - 2024 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Automotive Lighting Market
  • The raw materials used in manufacturing are
    glass, tungsten, molybdenum, phosphorous,
    silicon, niobium, polymers, tantalum and mixture
    of inert gases.
  • The major challenge before the manufacturers is
    to develop the cost-effective high quality
    lighting systems. Reducing the effect of bright
    light to decrease the driver distraction is
    another area of improvement.
  • Adaptive front automotive lightning market share
    is rapidly gaining popularity among the
    customers. The features include auto on/off,
    bending/curve lights, cornering lights, headlight
    leveling and high beam assist.

3
Continued...
  • The overall increase in passenger vehicles due to
    increase in tourism and transportation increase
    the demand for this segment. Also, increased used
    of four-wheelers for customized purpose such as
    food truck and mobile service van will fuel the
    demand in LCVs.
  • The regulatory bodies for the automotive lighting
    market include Japan Lighting Manufacturers
    Association, The Automotive Component
    Manufacturers Association of India (ACMA), The
    Canadian Vehicle Manufacturers Association and
    European Automobile Manufacturers Association
    (ACEA) among others.
  • Automotive lighting market players include Osram,
    Magneti Marelli, Hella, Stanley Electric, Koito,
    Valeo, General Electric, KGaA Hueck co.,
    koninklijke Philips, Ichikoh Industries Ltd.,
    Zizala lichtsysteme GmbH, Lumax Industries, etc.

4

Browse Full Market Research Report On
Automotive Lighting Market _at_ http//bit.ly/2oHc1O
y Request Detailed Table of Contents of
this Report _at_ https//www.gminsights.com/request-s
ample/detail/1444 https//www.gminsights.co
m/request-sample/detail/49
5
360 Analysis
  • Product Analysis
  • Fluctuating raw material cost and high RD cost
    are restraining the automotive lighting market
    growth. The raw materials used in manufacturing
    are glass, tungsten, molybdenum, phosphorous,
    silicon, niobium, polymers, tantalum and mixture
    of inert gases.
  • Regional Analysis
  • APAC constitutes the largest market in terms of
    vehicle production and sales, this also makes it
    a considerable automotive lighting market. China,
    Japan, India, and South Korea are major countries
    in this region in terms of production, exports
    and domestic sales.
  • Competitive Market Share
  • Automotive lighting market players include Osram,
    Magneti Marelli, Hella, Stanley Electric, Koito,
    Valeo, General Electric, KGaA Hueck co.,
    koninklijke Philips, Ichikoh Industries Ltd.,
    Zizala lichtsysteme GmbH, Lumax Industries, etc.


6
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