On-Highway Vehicle Lighting Market Size to Reach Around $43.4 Billion by 2026 : CAGR 5.4%

Pune, India -- (SBWire) -- 02/23/2019 --The global On-highway vehicle lighting market size is anticipated to around USD 43.4 billion by 2026, this market is anticipated to grow with 5.4% CAGR during the forecast time period. The market is driven by developing car generation crosswise over different developed and developing region, explicitly in rising economies, for example, China, India, and Mexico. Besides, improvement in car lighting innovation, guaranteeing enhanced energy proficiency and upgraded road safety, would likewise goad the market development.

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Government regulations for enhanced deceivability and expanding penetration of energy-efficient light sources have supported the market development. Expanding selection of LED lights and developing accentuation on technological innovations are evaluated drive the market further. Vehicle makers are progressively selection energy proficient and further developed lighting innovations, for example, LASER and Light-Emitting Diode (LED).

Driven lights are more energy effective, tough, and have the higher operational life expectancy (more than 50,000 hours) than different sources, for example, xenon, incandescent, and halogen bulbs. Therefore, longer life expectancy and low energy utilization would drive the demand for LED lights in the coming years. Organizations, for example, Koito Manufacturing Co. Ltd., Stanley Electric, Hella KGaA Hueck and Co., and Magneti Marelli S.p.A give LED lights in various shapes for various car applications.

Asia Pacific is relied upon to be the predominant regional market over the estimate time frame attributable to the quickly developing automotive sector. Additionally, stringent controls by neighbourhood governments with respect to the utilization of energy productive lighting sources are likewise prone to open up new development open doors for the companies. For example, in 2017 the Indian government has commanded the utilization of Daytime Running Lamps (DRLs) and Automatic Headlamp on (AHO) for bikes, which thusly will quicken the Asia Pacific on-highway vehicle lighting market development.

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The global Silicon market is segmented into product type, vehicle type, applicationand region.On the basis of product type, the global Silicon market is segmented into Halogen, High Intensity Discharge (HID), LED, Incandescent, and LASER. On the basis of vehicle type, the global Silicon market is segmented into Motorcycle, Passenger car, Buses, Light Trucks (Class 1-3), Medium Truck (Class 4-6), and Heavy Truck (Class 7&8). On the basis of application, the global Silicon market is segmented into Headlights, Other External Lights, and Interior Lights. On the basis of region the global Silicon market is bifurcated into Europe, Latin America, North America, Middle East & Africa, and Asia Pacific.

The on-highway vehicle lighting applications incorporate headlights, other outside or exterior lights, and internal lights. The market for headlights is driven by production of motor vehicles and altering prices of light sources, for example, halogen, HID, LED, and laser, utilized in vehicles. Additionally, consistent progressions in innovation, concentrating on headlamp structure in order to offer long range deceivability in low-light conditions, is likewise powering the fragment development.

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Asia Pacific was the biggest local market in 2018 inferable from rising economies, for example, for example, China, India, and South Korea, putting intensely in automotive manufacturing. The Europe region is relied upon to enlist the second-most noteworthy CAGR of 5.8% because of stringent government directions and law authorizations relating to the utilization of energy productive light sources in autos. The North America locale is additionally liable to have an extensive development because of developing spotlight on expanding street wellbeing is inciting the car OEMs to utilize forefront lighting innovations.

Organizations, for example, Koito Manufacturing Co. Ltd., Stanley Electric, Hella KGaA Heuck and Co., Ltd, and Magneti Marelli S.p.A. give LED lights to different car applications, for example, headlights, tail lights, side lights, and marker lights. Longer life expectancy of LEDs loans it a top notch advantage over halogen and xenon lights. The key players catering to the global On-highway vehicle lighting market are Koninklijke Philips N.V., Koito Manufacturing, Ltd., ZKW Group, Magneti Marelli S.p.A., TYC Genera and Valeo S.A. Significant strategic initiatives undertaken by global businesses include partnerships, new product launch, and acquisitions.Continuous R&D activities and expanding need in LED innovation are assessed to step by step decline the costs of LED lights over the coming years, which is additionally liable to contribute toward market development.

Table Of Contents:

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of On-Highway Vehicle Lighting
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. On-Highway Vehicle Lighting Market By Product Type
1.2.2.1. Global On-Highway Vehicle Lighting Market Revenue and Growth Rate Comparison By Product Type (2015-2026)
1.2.2.2. Global On-Highway Vehicle Lighting Market Revenue Share By Product Type in 2017
1.2.2.3. Halogen
1.2.2.4. High Intensity Discharge (HID)
1.2.2.5. LED
1.2.2.6. Incandescent
1.2.2.7. LASER
1.2.2.8. Others
1.2.3. On-Highway Vehicle Lighting Market By Application
1.2.3.1. Global On-Highway Vehicle Lighting Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Headlights
1.2.3.3. Other External Lights
1.2.3.4. Interior Lights
1.2.3.5. Others
1.2.4. On-Highway Vehicle Lighting Market By Vehicle Type
1.2.4.1. Global On-Highway Vehicle Lighting Market Revenue and Growth Rate Comparison By Vehicle Type (2015-2026)
1.2.4.2. Motorcycle
1.2.4.3. Passenger car
1.2.4.4. Buses
1.2.4.5. Light Trucks (Class 1-3)
1.2.4.6. Medium Truck (Class 4-6)
1.2.4.7. Heavy Truck (Class 7& 8)
1.2.4.8. Others
1.2.5. On-Highway Vehicle Lighting Market by Geography
1.2.5.1. Global On-Highway Vehicle Lighting Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America On-Highway Vehicle Lighting Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe On-Highway Vehicle Lighting Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific On-Highway Vehicle Lighting Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America On-Highway Vehicle Lighting Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) On-Highway Vehicle Lighting Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global On-Highway Vehicle Lighting Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global On-Highway Vehicle Lighting Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global On-Highway Vehicle Lighting Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global On-Highway Vehicle Lighting Major Manufacturers in 2017

CHAPTER 4. ON-HIGHWAY VEHICLE LIGHTING MARKET BY PRODUCT TYPE

4.1. Global On-Highway Vehicle Lighting Revenue By Product Type
4.2. Halogen
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. High Intensity Discharge (HID)
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. LED
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Incandescent
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. LASER
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.7. Other
4.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. ON-HIGHWAY VEHICLE LIGHTING MARKET BY APPLICATION

5.1. Global On-Highway Vehicle Lighting Revenue By Application
5.2. Headlights
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Other External Lights
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Interior Lights
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. ON-HIGHWAY VEHICLE LIGHTING MARKET BY VEHICLE TYPE

6.1. Global On-Highway Vehicle Lighting Revenue By Vehicle Type
6.2. Motorcycle
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Passenger car
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Buses
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Light Trucks (Class 1-3)
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.6. Medium Truck (Class 4-6)
6.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.7. Heavy Truck (Class 7&8)
6.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.8. Others
6.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. NORTH AMERICA ON-HIGHWAY VEHICLE LIGHTING MARKET BY COUNTRY

7.1. North America On-Highway Vehicle Lighting Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America On-Highway Vehicle Lighting Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. On-Highway Vehicle Lighting Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
7.5. Mexico
7.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)

CHAPTER 8. EUROPE ON-HIGHWAY VEHICLE LIGHTING MARKET BY COUNTRY

8.1. Europe On-Highway Vehicle Lighting Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe On-Highway Vehicle Lighting Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC ON-HIGHWAY VEHICLE LIGHTING MARKET BY COUNTRY

9.1. Asia-Pacific On-Highway Vehicle Lighting Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific On-Highway Vehicle Lighting Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)

CHAPTER 10. LATIN AMERICA ON-HIGHWAY VEHICLE LIGHTING MARKET BY COUNTRY

10.1. Latin America On-Highway Vehicle Lighting Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America On-Highway Vehicle Lighting Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
10.4. Argentina
10.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)

CHAPTER 11. MIDDLE EAST ON-HIGHWAY VEHICLE LIGHTING MARKET BY COUNTRY

11.1. Middle East On-Highway Vehicle Lighting Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East On-Highway Vehicle Lighting Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Saudi Arabia
11.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
11.4. UAE
11.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
11.5. Rest of Middle East
11.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)

CHAPTER 12. AFRICA ON-HIGHWAY VEHICLE LIGHTING MARKET BY COUNTRY

12.1. Africa On-Highway Vehicle Lighting Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Africa On-Highway Vehicle Lighting Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. South Africa
12.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
12.4. Egypt
12.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
12.5. Rest of Africa
12.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)

CHAPTER 13. COMPANY PROFILE

13.1. Koninklijke Philips N.V.
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. Koito Manufacturing, Ltd.
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. ZKW Group
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Magneti Marelli S.p.A.
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. TYC Genera
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Valeo S.A.
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Others
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies

CHAPTER 14. RESEARCH APPROACH

14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope

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