Industrial, Manufacturing & Heavy Industry Market News

Lighting market to rake in USD 29.97 billion by 2022

Industrial Market Research

The Lighting market for Automotive, by value, is projected to grow at a CAGR of 6.80% from 2017 to 2022, to reach USD 29.97 billion by 2022.

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In addition to growing vehicle demand and increasing lighting applications, factors such as safety regulations and rising demand for comfort and luxury are expected to fuel the demand for advanced technologies such as adaptive lighting systems.

Major players of Lighting Market Report are:

The major companies in the automotive lighting industry are profiled in the study. These includeHella KGaAHueck & Co (Germany), Magneti Marelli S.p.A (Italy), Stanley Electric K.K (Japan), Valeo S.A.

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(France), Koito Manufacturing Co. Ltd. (Japan), OSRAM Licht AG (Germany), Koninklijke Philips N.V (Netherlands), Hyundai Mobis (South Korea), Ichikoh Industries Ltd.

(Japan), and General Electric (U.S).

The complete report of Lighting Market for ICE & EVs By Technology (Halogen, LED, Xenon), Position (Front, Side, Rear, Interior), Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting & Region - Forecast to 2022 is now available on…rket-report.html

Break of primary participants in Lighting Market was as mentioned below:

By Company Type: Tier 1- 48%, Tier 2- 39%, and Others- 13%

By Designation: C-level- 48%, Director-level- 31%, and Others- 21%

By Region: North America- 12%, Europe- 27%, Asia Pacific- 37%, South America- 8%, and the Middle East & Africa- 16%

FAQ’s regarding the Lighting Market Report are:

What is Market Penetration of Lighting?
Comprehensive information on the product portfolios of the top players in the Lighting market

What is Product Development/Innovation of Lighting?
Detailed insights on the upcoming technologies, R&D activities, and product launches in the Lighting market

What is Competitive Assessment of Lighting?
In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the Lighting market

What is Market Development of Lighting?
Comprehensive information about emerging markets. This report analyzes the market for various Lighting products across geographies

What is Market Diversification of Lighting?
Exhaustive information about new products, untapped geographies, recent developments, and investments in the Lighting market

Access the  Lighting Market Report at…ount?rname=95379

The global Lighting market for Automotive is segmented based on the position (front, rear, side, and interior). The lighting used in these positions are categorized on the basis of technologies that have been deployed (Halogen/incandescent, Xenon/HID, and LED).

The Lighting market for Automotive is also segmented based on the application—exterior (headlight, fog lights, DRL, taillights, CHMSL, sidelights, and others) and interior (dashboard, glove box, reading lights, dome lights, rear view mirror lights); and based on vehicle type—ICE vehicles and alternate fuel vehicles. The adaptive lighting market is covered along with the alternate fuel vehicle market.

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