Market Research Future published a research report on “Automotive LED Lighting Market Research Report- Global Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Pune, India -- (SBWIRE) -- 01/22/2018 -- Market Highlights
The growing adoption of environment hazard free vehicles and efficient power utilization system is driving the automotive LED lighting market. The North America, Europe and Asia-Pacific is estimated to be one of the leading region in this automotive LED lighting technology. This is mainly because of the increasing focus of the market players in dwelling the demands of cost effective, low power consumption, efficient lighting system and less CO2 emission from vehicles is driving the market. Also the leading players is expected to develop advanced LED lamps and technologies in shaping the global market.
The Automotive LED Lighting Market is growing rapidly at approx. 9% CAGR and is expected to reach approximately USD 20 Billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "The Automotive LED Lighting Market Research Report -Forecast to 2022".
The prominent players in the automotive LED lighting market are Osram Licht AG (Germany), Magneti Marelli S.P.A (Italy), Koito Manufacturing Co.Ltd (Japan), Stanley Electric Co.Ltd (Japan), Mercedes-Benz (Germany), Koninklijke Philips N.V. (Netherlands), Hyundai Group (South Korea), Toyota Motor Corporation (Japan), Tata Motors Limited (India), Zizala Lichtsysteme GmbH (Austria), among others.
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The Automotive LED Lighting Market Segmentation
The automotive LED lighting market has been segmented on the basis of type of position, vehicle type and adaptive lighting. On basis of adaptive lighting the market is segmented into of front adaptive lighting, rear adaptive lighting and ambient adaptive lighting. The front adaptive lighting technology implementation is seen first on Audi top of the line A8 model. Improving night-time visibility with adaptive front-lighting systems and improving automotive lighting.
The regional analysis of automotive LED Lighting market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. Asia- Pacific region owing to the fast growing automotive industry in developing countries such as India, China and South Korea is expected to show a significant growth in the automotive LED lighting market. Europe and North America are anticipated to dominate the LED lighting market in terms of demand. Increasing automotive production paired with adoption of energy efficient lighting source such as LED is driving the growth of automotive lighting industry in the European region. Also government enforcing to lesser CO2 emission from the vehicle is driving the LED market in that region.
Study Objectives of Automotive LED Lighting Market
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the automotive LED lighting market.
- To provide insights about factors affecting the market growth.
- To analyze the Storage in big data market based porter's five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment on the basis of position, vehicle type and adaptive lighting.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the automotive LED lighting market.
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