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The Worldwide Automotive Lighting Industry is Projected to Reach $42.4 Billion by 2027
Global Automotive Lighting Market
Dublin, Aug. 02, 2022 (GLOBE NEWSWIRE) -- The "Global Automotive Lighting Market (2022-2027) by Type, Technology, Vehicle Type, Application Type, Sales Channel, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Automotive Lighting Market is estimated to be USD 32.14 Bn in 2022 and is projected to reach USD 42.41 Bn by 2027, growing at a CAGR of 5.7%.
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the Global Automotive Lighting Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Continental, Gentex, Grupo Antolin, Koito Manufacturing, Philips, NXP Semiconductors, Robert Bosch, Valeo, Varroc, ZKW, etc.
Countries Studied
America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Automotive Lighting Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The report analyses the Global Automotive Lighting Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
The report offers a comprehensive evaluation of the Global Automotive Lighting Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
4.1 Drivers
4.1.1 Surge in Automobile Production
4.1.2 Increase in the Implementation of Government Regulations
4.1.3 High Demand for Adaptive Lighting
4.2 Restraints
4.2.1 High Cost of LED Lights
4.2.2 Fluctuating Prices of Raw Materials
4.3 Opportunities
4.3.1 Rising in Demand for Advanced Technology in Vehicle
4.3.2 Growing Application in Light Commercial Vehicles
4.3.3 Partnership between Automotive OEMs and Lighting System Manufacturers
4.4 Challenges
4.4.1 Less Penetration of Advanced Lighting in the Commercial Vehicle
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Automotive Lighting Market, By Type
6.1 Introduction
6.2 Interior Lighting
6.2.1 Ambient Lighting
6.2.2 Footwell Lights
6.2.3 Roof Lights
6.2.4 Boot Lights
6.3 Exterior Lighting
6.3.1 Headlamps
6.3.2 Fog Lamps
6.3.3 Taillights
6.3.4 Daytime Running Lights (DRLs)
6.3.5 Puddle Lamps
6.3.6 High Mounted Stop Lamp
6.3.7 Front Adaptive Lighting
6.3.7.1 Auto On/Off
6.3.7.2 Headlight Leveling
6.3.7.3 High Beam Assist
6.3.7.4 Bending/Cornering Lights
6.3.8 Rear Adaptive Lighting
7 Global Automotive Lighting Market, By Technology
7.1 Introduction
7.2 Halogen
7.3 Xenon/HID
7.4 LED
8 Global Automotive Lighting Market, By Vehicle Type
8.1 Introduction
8.2 Passenger Cars
8.3 Commercial Vehicles
9 Global Automotive Lighting Market, By Sales Channel
9.1 Introduction
9.2 Aftermarket Products
9.3 OEMs
10 Americas' Automotive Lighting Market
10.1 Introduction
10.2 Argentina
10.3 Brazil
10.4 Canada
10.5 Chile
10.6 Colombia
10.7 Mexico
10.8 Peru
10.9 United States
10.10 Rest of Americas
11 Europe's Automotive Lighting Market
11.1 Introduction
11.2 Austria
11.3 Belgium
11.4 Denmark
11.5 Finland
11.6 France
11.7 Germany
11.8 Italy
11.9 Netherlands
11.10 Norway
11.11 Poland
11.12 Russia
11.13 Spain
11.14 Sweden
11.15 Switzerland
11.16 United Kingdom
11.17 Rest of Europe
12 Middle East and Africa's Automotive Lighting Market
12.1 Introduction
12.2 Egypt
12.3 Israel
12.4 Qatar
12.5 Saudi Arabia
12.6 South Africa
12.7 United Arab Emirates
12.8 Rest of MEA
13 APAC's Automotive Lighting Market
13.1 Introduction
13.2 Australia
13.3 Bangladesh
13.4 China
13.5 India
13.6 Indonesia
13.7 Japan
13.8 Malaysia
13.9 Philippines
13.10 Singapore
13.11 South Korea
13.12 Sri Lanka
13.13 Thailand
13.14 Taiwan
13.15 Rest of Asia-Pacific
14 Competitive Landscape
14.1 Competitive Quadrant
14.2 Market Share Analysis
14.3 Strategic Initiatives
14.3.1 M&A and Investments
14.3.2 Partnerships and Collaborations
14.3.3 Product Developments and Improvements
15 Company Profiles
15.1 Continental
15.2 Flex-N-Gate
15.3 Gentex
15.4 Grupo Antolin
15.5 Hella
15.6 Hyundai Mobis
15.7 Ichikoh Industries
15.8 Koito Manufacturing
15.9 Philips
15.10 Lumax Industries
15.11 Marelli
15.12 North American Lighting
15.13 NXP Semiconductors
15.14 Osram Licht
15.15 Peterson Manufacturing
15.16 Robert Bosch
15.17 Stanley Electric
15.18 Sunway Autoparts
15.19 Tenneco
15.20 UNO Minda
15.21 Valeo
15.22 Varroc
15.23 ZKW
16 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/kv8m4i
Attachment
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