Global Automotive Lighting System Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2021

The lighting system of a motor vehicle consists of lighting and signaling devices mounted or integrated to the front, rear, and sides. Purpose of lighting system in an automobile is for safety reasons, security purposes at night travelling, allowing other vehicle to know the presence, position, type, direction of travel and size of a vehicle. Emergency vehicles like Ambulance, police car or a fire fighting vehicles usually are integrated with distinctive and bright lighting equipment with usually red and blue colors at the top of it to warn drivers and indicate priority of movement in traffics. Lighting systems include these basic equipment like headlights, brake lights, indicators, fog lights and reversing lamps.
 
This report examines the global automotive lighting system market and provides information regarding the revenue (USD Million) and volume (Kilo Tons) for the period 2014 to 2021. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
 
Drivers

• Rapid growth in use of passenger vehicle and commercial vehicle due to increase transportation.
• Increased rate of car production in developing countries in Asia Pacific like China and India.
• Increasing demand for advanced technology lighting equipment like LED, HID/Xenon and Halogen lamps which have low energy consumption and distinctive lighting.

 
Report includes a detailed analysis on value chain in order to provide a holistic view of the automotive lighting system market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the automotive lighting system market industry, from raw material suppliers to end-users.  
 
Global automotive lighting system market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, and availability of raw materials, competition, and other factors such as social and legal constraints.
 
The global automotive lighting system market has further been segmented based on position such as front lighting, rear lighting, interior lighting and side lighting. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2015 to 2021. Each lighting system position has been further analyzed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
 
The global automotive lighting system market has been segmented based on vehicle type such as heavy commercial vehicle, light commercial vehicle, passenger vehicle, SUV, MUV and others. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2015 to 2021. Each vehicle type has been further analyzed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
 
In terms of geography, the automotive lighting system market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
 
The report also offers a competitive landscape of the overall market with company profiles of players such as Koninklijke Philips N.V, Hyundai Mobis, General Electric, Valeo S.A., Osram Licht AG, Stanley Electrics Co. Ltd., Magneti Marelli S.p.A. and Hella KGaA Hueck & Co. A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides automotive lighting system market market's Mergers/acquisitions, Partnerships, Collaborations, New product launches, new product developments and other industry developments.
 
METHODOLOGY:
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.
 
SEGMENTATIONS IN REPORT:
 
Automotive Lighting System Market by Position:

• Front Lighting
• Rear Lighting
• Interior Lighting
• Side Lighting

 
Automotive Lighting System Market by Vehicle Type:

• Heavy Commercial Vehicle
• Light Commercial Vehicle
• Passenger Vehicle
• SUV
• MUV
• Others

 
Automotive Lighting System Market by Geography:

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East And Africa