The global Automotive Lamps market was valued at 891.75 Million USD in 2021 and will grow with a CAGR of 5.52% from 2021 to 2027.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
The Automotive Lamp system of a motor vehicle consists of lighting and signaling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle. This lights the roadway for the driver and increases the conspicuity of the vehicle, allowing other drivers and pedestrians to see a vehicle`s presence, position, size, direction of travel, and the driver`s intentions regarding direction and speed of travel. Emergency vehicles usually carry distinctive lighting equipment to warn drivers and indicate priority of movement in traffic.Global Automotive Lamps key players include Koito, Valeo, MARELLI, Hella, Stanley Electric, etc. Global top five manufacturers hold a share over 45%. China is the largest market, with a share about 35%, followed by Europe, and Japan, both have a share over 35 percent. In terms of product, Halogen Lighting is the largest segment, with a share over 45%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle, etc.
By Market Vendors:
- Koito
- Valeo
- MARELLI
- Hella
- Stanley Electric
- SL Courporation
- OSRAM
- HASCO
- ZKW Group
- Varroc
- Xingyu
- Lumileds
- Hyundai IHL
- TYC
- DEPO
By Types:
- Halogen Lighting
- HID Lighting
- LED Lighting
By Applications:
- Passenger Vehicle
- Commercial Vehicle
Key Indicators Analysed
- Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
- Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
- Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
- Opportunities and Drivers: Identifying the Growing Demands and New Technology
- Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
- To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the market.
- Besides the standard structure reports, we also provide custom research according to specific requirements.
