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Automotive Lighting System Market trends research and projections for 2017-2024

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Title: Automotive Lighting System Market trends research and projections for 2017-2024


1
Automotive Lighting System Market Global
Industry Analysis Report, Share, Growth, Price
Trends and Forecast, 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Automotive Lighting System
Market
  • Automotive Lighting System Market size is
    expected to increase during the forecast period
    owing to the rising vehicle production and
    growing lighting applications, specifically in
    passenger vehicles.
  • Increased use of high-efficiency LED and rising
    concerns about road safety along with government
    regulations for lighting are some of the factors
    driving the automotive lighting system market
    share from 2017 to 2024.
  • Growing demand for luxury, ambiance, and comfort
    as well as pedestrian and passenger safety
    regulations will positively impact the industry
    growth over the forecast timeline.
  • The automotive lighting system market is
    segmented by vehicle type into passenger cars,
    light commercial vehicles, and heavy commercial
    vehicles.

3
Continued...
  • The exterior lighting can be categorized into fog
    lights, head lights, tail lights, side lights,
    Daytime Running Lights (DRL), Center high mount
    stop lamps (CHSML), and others.
  • The automotive lighting system market is
    dominated by exterior lighting and is expected to
    continue its domination over the forecast period
    owing to the application of these lights in the
    driver safety.
  • Asia Pacific is expected to be the fastest
    growing region. India, China, South Korea, and
    Japan account for the majority of vehicle
    production in the global automotive industry and
    thus are anticipated to acquire the maximum share
    of the automotive lighting system market.
  • The manufacturers in the automotive lighting
    system market include Koninklijke Philips N.V.,
    General Electric (GE), Hella KGaA Hueck Co.,
    Magneti Marelli, Osram, Stanley Electric, Koito
    Manufacturing Co.

4

Browse Full Market Research Report On
Automotive Lighting System Market _at_
http//bit.ly/2vk5Qji Request for a Table
Of Content _at_ https//www.gminsights.com/request-sa
mple/detail/2012 https//www.gminsights
.com/request-sample/detail/49
5
360 Analysis
  • Product Analysis
  • Lighting is an essential system in an automobile,
    responsible for safety and comfort. The prime
    applications include ensuring drivers
    visibility, indicating the position and presence
    of vehicles to others, and improving vehicle
    conspicuity.
  • Regional Analysis
  • Asia Pacific is expected to be the fastest
    growing region. India, China, South Korea, and
    Japan account for the majority of vehicle
    production in the global automotive industry and
    thus are anticipated to acquire the maximum share
    of the automotive lighting system market.
  • Competitive Market Share
  • The manufacturers in the automotive lighting
    system market include Koninklijke Philips N.V.,
    General Electric (GE), Hella KGaA Hueck Co.,
    Magneti Marelli, Osram, Stanley Electric, Koito
    Manufacturing Co., Ichikoh Industries, Ltd., and
    Zizala Lichtsysteme GmbH.


6
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