The global automotive lighting industry is expected 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 Impact of Covid-19 with Ansoff Analysis” report has been added to from ResearchAndMarkets.com offer.
The global Automotive Lighting Market is estimated to be valued at USD 32.14 Billion in 2022 and is projected to reach USD 42.41 Billion by 2027, growing at a CAGR of 5.7%.
Market dynamics are forces that are impacting pricing and stakeholder behaviors in the global automotive lighting market. These forces create price signals that result from changes in the supply and demand curves for a given product or service. The forces of market dynamics can 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 market dynamics impact supply and demand curves, policymakers aim to determine how best to use various financial tools to stem various strategies aimed at accelerating growth and reducing risk.
The report provides a detailed analysis of competitors in the market. It covers the analysis of financial performance of listed companies in the market. The report also offers detailed information about recent development and competitive scenario of the companies. Some of the companies covered in this report are Continental, Gentex, Grupo Antolin, Koito Manufacturing, Philips, NXP Semiconductors, Robert Bosch, Valeo, Varroc, ZKW, etc.
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)
The report includes Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc
The report presents a detailed analysis of the Ansoff matrix for the global automotive lighting market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design business growth strategies. The matrix can be used to assess 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 associated with each approach.
The report analyzes the global automotive lighting market using the Ansoff Matrix to provide the best approaches a company can take to improve its position in the market.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has designed appropriate strategies for market growth.
Why buy this report?
The report offers a comprehensive assessment of the global Automotive Lighting Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The main research is done through interviews, surveys and observations of renowned personnel in the industry.
The report includes in-depth market analysis using Porter’s 5 forces model and Ansoff’s matrix. Additionally, the impact of Covid-19 on the market is also presented in the report.
The report also includes the regulatory scenario in the industry, which will help you to make an informed decision. The report discusses the major regulatory bodies and major rules and regulations imposed on this industry across various geographies.
The report also contains competitive analysis using Positioning Quadrants, the analyst’s proprietary competitive positioning tool.
Main topics covered:
1 Description of the report
2 Research methodology
3 Executive summary
4 Market dynamics
4.1.1 Automotive Production Rise
4.1.2 Increased Implementation of Government Regulations
4.1.3 High demand for adaptive lighting
4.2.1 High cost of LED lamps
4.2.2 Fluctuation in commodity prices
4.3.1 Rise in Demand for Advanced Technology in Vehicles
4.3.2 Growing Application in Light Commercial Vehicles
4.3.3 Partnership between automotive OEMs and lighting system manufacturers
4.4.1 Less Penetration of Advanced Lighting in 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
6.2 Interior lighting
6.2.1 Ambient lighting
6.2.2 Floor lights
6.2.3 Ceiling lights
6.2.4 Trunk lights
6.3 Exterior lighting
6.3.2 Fog lights
6.3.3 Rear lights
6.3.4 Daytime running lights (DRL)
6.3.5 Puddle lamps
6.3.6 High-mounted brake light
6.3.7 Adaptive front lighting
22.214.171.124 Automatic on/off
126.96.36.199 Headlight leveling
188.8.131.52 High beam assist
184.108.40.206 Cornering/cornering lights
6.3.8 Adaptive rear lighting
7 Global Automotive Lighting Market, By Technology
8 Global Automotive Lighting Market, By Vehicle Type
8.2 Passenger cars
8.3 Commercial vehicles
9 Global Automotive Lighting Market, by Sales Channel
9.2 Aftermarket Products
10 Americas Automotive Lighting Market
10.9 United States
10.10 Rest of the Americas
11 Europe automotive lighting market
11:15 a.m. Switzerland
11.17 Rest of Europe
12 Middle East & Africa Automotive Lighting Market
12.5 Saudi Arabia
12.6 South Africa
12.7 United Arab Emirates
12.8 Rest of MEA
13 APAC Automotive Lighting Market
13.11 South Korea
13.12 Sri Lankan
1:15 p.m. Rest of Asia-Pacific
14 Competitive landscape
14.1 Competitive Quadrant
14.2 Market Share Analysis
14.3 Strategic Initiatives
14.3.1 Mergers and Acquisitions and Investments
14.3.2 Partnerships and collaborations
14.3.3 Product Developments and Improvements
15 company profiles
15.4 Antolin Group
15.6 Hyundai Mobis
15.7 Ichikoh Industries
15.8 Making koito
15.10 Lumax Industries
15.12 North American Lighting
15.13 NXP Semiconductors
15.14 Osram Licht
15.15 Peterson manufacturing
15.16 Robert Bosch
15.17 Electric Stanley
15.18 Sunway Autoparts
15.20 UN Minda
For more information on this report, visit https://www.researchandmarkets.com/r/kv8m4i
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