Automotive Lighting Market 2027 by Types, Application, Technology, Opportunities, End Users and Regions | The Insight Partners

Automotive Lighting Market to 2027 - Global Analysis and Forecasts by Technology (Halogen, LED, Xenon); Application (Head Light, Side Light, Tail Light, Fog Light, DRL, Interior Light); End User (Commercial Vehicle, Passenger Vehicle, Off Road Highway Vehicle) and Geography

Report Code: TIPRE00005243 | No. of Pages: 150 | Category: Automotive and Transportation | Status: Upcoming
MARKET INTRODUCTION:
Automotive lighting is a vital component in the vehicle as it provides light to increase visibility during bad weather and low light condition. The market is flourished with a wide range of lighting for the vehicle which improves the aesthetic appearance of the vehicle, and has resulted in the growth of the automotive lighting market. New trends in the automotive lighting market and rising production of automobile in the global market is anticipated to boom the automotive lighting market.

MARKET DYNAMICS:
The significant drivers for the automotive lighting market are a rise in safety concerns, and the regulations issued by the government pertaining to the automotive lighting market. The factor restraining to the lighting market is the high cost of LED lights, which also makes the vehicle expensive. Moreover, with the advancement in technology and rising demand for automobiles in the global market will create an opportunity for the automotive lighting market.

MARKET SCOPE
The "Automotive Lighting Market" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive lighting market with detailed market segmentation by technology, application, end user, and geography. The lighting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The automotive lighting market is segmented on the basis of technology, application, end user, and geography. Based on technology, the automotive lighting market is segmented as halogen, led, laser, and xenon lights. On the basis of application, automotive lighting market is segmented into head light, side, tail, fog, DRL, and interior. On the basis of end user, automotive lighting market is segmented into commercial vehicle, passenger vehicle, and other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the automotive lighting market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive lighting market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting automotive lighting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the automotive lighting market in these regions.