DecisionDatabases.com offers Automotive Lighting Market Research Report. This Report covers the complete Industry Outlook, Growth, Size, Share and Forecast Till 2023.
Mumbai, India -- (SBWIRE) -- 08/24/2017 -- The new research report on Automotive Lighting Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2023. Automotive Lighting refers to lighting gadgets fixed on the vehicle parts to ensure safety and proper visibility. These gadgets are fixed on the rear, front, sides and top or bottom of vehicles. Automotive lighting provide effective visibility of roads to the driver and makes the vehicle perceptible. Automotive lighting and their techniques vary according to the vehicle types. Firefighting vans, ambulances and other emergency vehicles use specific automotive lighting for traffic clearance and fast movement. It ensures better visibility at night and dark conditions to the driver and prevents accidents.
Global automotive lighting market is segmented by adaptive lighting as front rear and ambient. On the basis of technology global automotive market is segmented as halogen, xenon and LED. Applications segment the global automotive market into front lighting, rear lighting, side lighting and interior lighting. Automotive lighting by sales is classified into original equipment manufacturers (OEM) products and aftermath products. Based on vehicle type global automotive lighting market is segmented as passenger vehicles and commercial vehicles. This market is further bifurcated into two- wheelers as front, rear and side.
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Moreover, advancement in technology and demand for more cost effective automotive lightings is another factor to boost this market for the forecast period. Recognition for safe and secure driving among citizens on roadways are vital aspects which empower the growth of global automotive market. Increase in production of innovative and effective automotive lighting is another factor expected to drive this market for the forecast period. Environmental concerns and expensive cost of materials is restraining the global automotive lightings market.
Best Region Of Markets :
Global automotive lighting market report is segmented by geography as Asia Pacific, North America, Europe, Latin America and Middle East and Africa. Europe and North America are the leading geographies for the global automotive lighting market. Key participants in the global automotive lighting market include General Electric, Koninklijke Philips N.V., Hyundai Mobis, Osram GmbH, Valeo S.A., Stanley Electrics Co. Ltd., MagnetiMarelli S.P.A, Hella KGaAHueck& Co., ZizalaLichtsysteme GmbH and Koito Manufacturing Co.
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