Passenger Car Lighting Market Scope
Over the past few decades, the global passenger car traffic has been increased drastically, which has ultimately upsurged the demand for passenger car lighting across the globe. In addition to this, increasing government regulations related to automobile will also increase the demand for smart automobile lighting solutions. The number of passenger car manufacturers have started adopting Adaptive Lighting techniques which will enhance the vehicle appearance and assist in improved business growth of smart automobile lighting systems.
The market study is being classified by Type (Xenon Lights, Halogen Lights, LED and Other), by Application (Front Light, Rear Combination Light, Fog Lights, Interior Lighting and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Passenger Car Lighting market throughout the predicted period.
Koito Manufacturing Co. Ltd. (Japan), Valeo S.A. (France), Hella Kgaa Hueck & Co. (Germany), Magneti Marelli S.p.A. (Italy), ZKW Group GmbH (Austria), Lumax Industries Ltd. (India), Varroc (India), TYC GENERA (United States), Changzhou Xingyu Automotive Lighting System Co, Ltd. (China) and Hyundai Mobis (South Korea) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are OSRAM Licht AG (Siemens) (Germany), Continental AG (Germany), Ichikoh Industries, Ltd. (Japan), Stanley Electric Co. Ltd. (Japan) and Robert Bosch GmbH (Germany).
AdvanceMarketAnalytics has segmented the market of Global Passenger Car Lighting market by Type, Application and Region.
On the basis of geography, the market of Passenger Car Lighting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
January 10th, 2019, Valeo and Cree, Inc.have jointly developed the first complete high definition (HD) LED array solution for automotive lighting systems. Valeo has demonstrated this innovation of Valeo PictureBeam Monolithic at the CES 2019 show. Valeo PictureBeam Monolithic is the first complete high definition lighting system that provides both glare-free and high beam road marking functions together with high-performance low beam and high beam in a single compact solution.
- Rising Adoption of High Demand for Adaptive Lighting Techniques
- Introduction to Artificially Intelligent Automotive Lighting Sensors
- Upsurging Demand for Smart Lighting as well as Premium Segment Vehicles
- Growing Automotive Lighting Mandates across the Globe
- Increasing Strategic Alliances Between the Automobile Manufacturers and Lighting System Manufacturers
- Continuously Evolving Automobile Sector
- Lack of Adoption of Smart Lighting Systems in Average Priced Passenger Cars
- Expensive Nature of LED Lighting Systems
- Volatile Raw Material Prices might Increase Supply Demand Complexities
- Upsurging Penetration of Local Lighting System Providers
Key Target AudiencePassenger Car Lighting Manufacturers, Passenger Car Lighting DIstributors and Suppliers, Passenger Car Lighting International Traders, Automobile Industry Associations, Research and Development Institutes, Government Regulators, Upstream and Downstream Buyers and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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