The most ambient light today reflects a light source surface of interior surfaces and is designed to help the driver see till certain distance. Lighting is a vital component in automotive vehicles and plays a very important role in automotive safety.
Asia-Pacific Dominates with Major Growth in the Automotive Lighting Market
The report focusses on the Automotive Lighting in Global market, especially in the regions of North America, Europe and Asia-Pacific, South America, Middle East, Africa and rest of the world. Asia-Pacific is the fastest rising region due to the existence of developing economics such as India, China and few other South-East Asian countries. The technological advancement and focus on governmental regulations has led the market in the coming years. Asia-Pacific holds the maximum share in adoption due to its strong foothold in vehicle productions.
Selected End-User Industry Analysis Done in the Full Report:
The Automotive Lighting Market report describes the technical trends, market evolution, and market size by application. The Automotive Lighting market comprises of Halogen, Xenon, Light Emitting Diodes (LED), and others. Traditionally, halogen with its low-cost and easily accessible features,, has been majorly used in lighting technology. Halogen was earlier a conventional choice for the lighting in cars. Xenon and LED are the other prominent technologies. Amongst these three technologies, LED is expected to witness the highest growth during the forecast period. This can be caused by distinct shift towards energy efficient technology in light controls. LED headlights lighting possesses high capabilities and flexibility for use in various automotive lighting applications. Presently, automotive LED lights are mounted mostly in high-end automobiles due to their relatively higher cost. The ongoing study to lower their cost would create significant demand of these lights. Hence, the market forecast for automotive lighting looks promising in the given forecast period.
To access / purchase the full report browse the link below
Excerpts on Market Growth Factors
Rising demand for conventional and green cars in the automotive industry is driving the growth of the automotive interior lights market.
Automotive vehicles, including passenger and commercial vehicles, require energy-efficient and cost-effective lighting systems to enable a safe driving experience. The growing number of residents and upsurge in automotive production, and rising concerns about vehicle safety triggered by the government regulations are driving the growth of the automotive lighting market.
Laser light is an absolute innovation in automotive lighting and the next big step forward since the introduction of halogen, xenon and LED car headlight technologies. This lighting technology has opened a completely new horizon. BMW i8, Audi R8, and the BMW 7 Series are the major players to adopt laser full beam technology while leading the market to grow significantly.
Talk to one of our sales representative about the full report by providing your details in the link below:
Key players of the Automotive Lighting Market
Some of the prominent vendors of the market include Koninklijke Philips N.V (Netherlands), General Electric (U.S.), Osram Licht AG (Germany), Automotive Lighting (Germany), Hella KGaA Hueck & Co (Germany). Koninklijke Philips N.V has products such as: Diamond Vision Light, Crystal Vision Light, X-treme Vision Light, and Weather Vision Light. Hella KGaA Hueck & Co. has xenon headlamp segment, with both static and dynamic based lighting and AFS (Adaptive Front lighting System) Systems.
Browse Related Reports:
Automotive Wheel Bearing Market: By Integration (Front Wheel, Rear Wheel), By Bearing Type (Ball Bearing, Roller Bearing, Plain Bearing, Thrust Bearing), By Vehicle Type (Passenger Vehicle, Heavy Commercial Vehicles, Light Commercial Vehicles, Two Wheelers) By Geography - Forecast (2018 - 2023)
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.
Mr. Venkateshwar Reddy
Business Development Manager
Contact Sales: 1-614-588-8538 (Ext-101)