Growing Vehicle Production & Sales to Drive the Automotive Lighting System Market - PowerPoint PPT Presentation

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Growing Vehicle Production & Sales to Drive the Automotive Lighting System Market

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With the increase in use of LED lights for interior applications, the segment has increasingly grown in vehicles across the globe. OLED lighting offers design flexibility and can be used even for minute lighting solutions. With such technological advancement, it has become possible for the manufacturer to offer advanced lighting solutions such as mood lighting. Hence, with technological and design modifications, the interior lighting market is expected to be the fastest growing market. – PowerPoint PPT presentation

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Title: Growing Vehicle Production & Sales to Drive the Automotive Lighting System Market


1
Lighting Market for ICE EVs By Technology
(Halogen, LED, Xenon), Position (Front, Side,
Rear, Interior), Application (Head, Side, Tail,
Fog, DRL, CHMSL, Dashboard, Glovebox, Reading,
Dome, Rear View Mirror), Adaptive Lighting
Region - Forecast to 2022
www.MarketsandMarkets.com
2
Automotive front lighting to be the largest
segment The study considers four lighting
positions in a vehicle for the estimation of the
market size, namely, front, rear, side, and
interior. The front lighting market is projected
to constitute the largest lighting market, by
value, in 2022. Driver safety and advanced
features such as auto on/off and auto leveling
are some of the adaptive lighting solutions that
are gaining popularity in the front lighting
segment. Halogen is presently dominating the
front lighting segment. However, owing to
benefits such as operation at lower temperature,
low energy consumption, and freedom to design,
advanced technologies such as LED projector
headlamps are gaining popularity in recent years.
The Laser technology is new to the market and is
gaining popularity owing to its bright
illumination. PDF Brochure https//www.markets
andmarkets.com/pdfdownload.asp?id1133

3
Interior lighting segment to grow at the fastest
pace in the Lighting market for Automotive With
the increase in use of LED lights for interior
applications, the segment has increasingly grown
in vehicles across the globe. OLED lighting
offers design flexibility and can be used even
for minute lighting solutions. With such
technological advancement, it has become possible
for the manufacturer to offer advanced lighting
solutions such as mood lighting. Hence, with
technological and design modifications, the
interior lighting market is expected to be the
fastest growing market. Request for
Customization https//www.marketsandmarkets.com/
requestCustomization.asp?id1133
4
The global Lighting market for Automotive is
segmented based on the position into front, rear,
side, and interior. The front market is expected
to showcase the largest market with halogen as
the predominant technology in this position. In
terms of lighting technology, the market is
segmented into Halogen/incandescent, Xenon/HID,
and LED.  The LED segment is projected to grow at
the fastest rate from 2017 to 2022. This growth
can be attributed to the benefits of LED lighting
such as bright illumination, lower temperature
and energy consumption, and flexibility in
designing, which has also popularized the
technology in interior lighting. The passenger
car segment is projected to lead the automotive
lighting market, in terms of volume and value as
well as growth rate, followed by light commercial
vehicles (LCV), trucks, and buses. Request
Sample _at_ https//www.marketsandmarkets.com/request
sample.asp?id1133
5
Growing markets like China and India to drive the
lighting market for automotive industry China
and India together contribute 35 of the global
vehicle production and approximately 34 of the
global passenger car production. Owing to
increasing vehicle production, the demand for
automotive lighting will also increase in the
region. The lighting market for exterior
applications is estimated to be the largest
market in the region and halogen technology will
have the largest share. The major companies in
the Lighting market for Automotive are profiled
in the study. These include Hella KGaA Hueck Co
(Germany), Magneti Marelli S.p.A (Italy), Stanley
Electric K.K (Japan), Valeo S.A. (France), Koito
Manufacturing Co. Ltd. (Japan), Osram Licht AG
(Germany), Koninklijke Philips N.V (Netherlands),
Hyundai Mobis (South Korea), Ichikoh Industries
Ltd. (Japan), and General Electric (U.S.). Speak
to analyst _at_ https//www.marketsandmarkets.com/spe
aktoanalyst.asp?id1133
6
Market Ecosystem The Lighting market for
Automotive ecosystem consists of manufacturers
and Tier 1 suppliers such as Hella KGaA Hueck
Co. (Germany), Osram (Germany), Magneti Marelli
(Italy), Koito Manufacturing Co., Ltd (Japan),
and Stanley Electric (Japan) OEMs such as
Volkswagen Group (Germany), Mercedes-Benz
(Germany), Ford (U.S.), Hyundai (South Korea),
Toyota (Japan), TATA (India), and Mahindra and
Mahindra (India). Buy Now
https//www.marketsandmarkets.com/Purchase/purcha
se_report1.asp?id1133
7
Browse gtgt 119 market data
tables 52 figures
241 pages and in-depth TOC  "Lighting
Market for ICE EVs by Technology (Halogen, LED,
Xenon), Position (Front, Side, Rear, Interior),
Application (Head, Side, Tail, Fog, DRL, CHMSL,
Dashboard, Glovebox, Reading, Dome, Rear View
Mirror), Adaptive Lighting Region - Forecast to
2022 Early buyers will receive 10
customization on this report. This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
8
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 sales_at_marketsandmarke
ts.com
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