LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive led lighting market and it is poised to grow by USD 4.73 billion during 2019-2023, progressing at a CAGR of about 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is highly fragmented, and the degree of fragmentation will accelerate during the forecast period. Hella GmbH & Co. KGaA, Hyundai Mobis Co. Ltd., KOITO Manufacturing Co. Ltd., LG Electronics Inc., Magna International Inc., Magneti Marelli SpA, OSRAM GmbH, Stanley Electric Co. Ltd., Valeo SA, and Varroc Group are some of the major market participants. The increasing use of LEDs will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing use of LEDs has been instrumental in driving the growth of the market.
Automotive LED Lighting Market 2019-2023: Segmentation
Automotive LED Lighting Market is segmented as below:
-
Application
- Exterior Lighting
- Interior Lighting
-
Type
- Passenger Cars
- Commercial Vehicles
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Automotive LED Lighting Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive led lighting market report covers the following areas:
- Automotive LED Lighting Market Size
- Automotive LED Lighting Market Trends
- Automotive LED Lighting Market Industry Analysis
This study identifies the growing popularity of adaptive lighting systems as one of the prime reasons driving the automotive led lighting market growth during the next few years.
Automotive LED Lighting Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the automotive LED lighting market, including some of the vendors such as Hella GmbH & Co. KGaA, Hyundai Mobis Co. Ltd., KOITO Manufacturing Co. Ltd., LG Electronics Inc., Magna International Inc., Magneti Marelli SpA, OSRAM GmbH, Stanley Electric Co. Ltd., Valeo SA, and Varroc Group. Backed with competitive intelligence and benchmarking, our research reports on the automotive LED lighting market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Automotive LED Lighting Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist automotive led lighting market growth during the next five years
- Estimation of the automotive led lighting market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive led lighting market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive led lighting market vendors
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Exterior lighting - Market size and forecast 2018-2023
- Interior lighting - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: MARKET SEGMENTATION BY VEHICLE TYPE
- Market segmentation by vehicle type
- Comparison by vehicle type
- Passenger cars - Market size and forecast 2018-2023
- Commercial vehicles - Market size and forecast 2018-2023
- Market opportunity by vehicle type
PART 08: CUSTOMER LANDSCAPE
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Development of hybrid LED headlights
- Growing popularity of adaptive lighting systems
- Growing popularity of OLED lighting technology
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Hella GmbH & Co. KGaA
- Hyundai Mobis Co. Ltd.
- KOITO Manufacturing Co. Ltd.
- LG Electronics Inc.
- Magna International Inc.
- Magneti Marelli SpA
- OSRAM GmbH
- Stanley Electric Co. Ltd.
- Valeo SA
- Varroc Group
PART 15: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
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