Global Automotive Lighting Market Overview:
According to market analysts, Global Automotive Lighting Market is projected to grow at a high CAGR value from 2018 to 2022.
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The Automotive Lighting Market is driven by the development of lighting solutions by various manufacturers such as adaptive front and rear lighting, and dynamic bend lighting systems. Increasing demand from OEMs for advanced LEDs and laser-based light modules to improve the vehicle safety parameters and providing aesthetic looks to the vehicles further contribute to the industry demand.
The Automotive Lighting Market is segmented based on Position, Vehicle Type, Technology and Region. On the basis of Position, the market is sub-segmented 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 sub-segmented into Halogen/incandescent, Xenon/HID, and LED. The LED segment is projected to grow at the fastest rate during the forecast period.
Regionally, China and India together contribute 35% of the global vehicle production and approximately 34% of the global passenger car production. Due to this, Asia-Oceania is estimated to be the largest and fastest growing market for automotive lighting.
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Key Players:
1 Koito
2 Magneti Marelli
3 Valeo
4 Hella
5 Stanley Electric
6 Ichikoh and More..
Key Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 What will the market size and the growth rate be in 2022?
2 What are the key factors driving the Automotive Lighting Market?
3 What are the challenges to market growth?
4 Who are the key vendors in the market?
5 What are the latest market trends?
Table of Content:
1 Automotive Lighting Definition
2 Global Automotive Lighting Market Major Player Share and Market Overview
3 Major Player Automotive Lighting Business Introduction
4 Global Automotive Lighting Market Segmentation (Region Level)
5 Global Automotive Lighting Market Segmentation (Type Level)
6 Global Automotive Lighting Market Segmentation (Industry Level)
7 Global Automotive Lighting Market Segmentation (Channel Level)
8 Automotive Lighting Market Forecast 2018-2022
9 Automotive Lighting Segmentation Type
10 Automotive Lighting Segmentation Industry
11 Automotive Lighting Cost Analysis
12 Conclusion
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