Asia Pacific Automotive Lighting Market 2016-2022 – Increasing Demand for Energy Efficient Lighting Solution – Research and Markets
By Business Wire News
By Business Wire News
Research and Markets has announced the addition of the “Asia Pacific Automotive Lighting Market (2016-2022)” report to their offering.
The Asia-Pacific Automotive Lighting market is segmented based on technology, application, vehicle type and sales channel type. Halogen, xenon and LEDs are the prominent lighting sources used in all vehicles. Currently, halogen segment dominates the automotive lighting market; LED on the other hand is expected to register fastest growth, owing to increasing adoption of energy efficient lighting source in the vehicles. Adoption of advanced lighting sources in the passenger car segment dominated the market with maximum share in terms of revenue. Heavy truck segment on the other hand is expected to register fastest growth during the forecast period. Based on sales channel, the report segments the market into OEM and aftermarket. In 2015, OEM sales segment dominated the Asia-Pacific automotive lighting market, and is expected to register fastest growth during the analyzed period.
For better understanding of the market penetration of Automotive Lighting the market is analyzed based on countries including China, Japan, India, South Korea, Malaysia, Thailand and rest of Asia-Pacific. In 2014, China dominated the market with maximum share in terms of revenue. Increasing vehicle ownership would offer wide growth opportunity for the industry in the region. In 2013, vehicle ownership in Japan stood at 600 vehicles per 1,000 people, compared to 80 cars per 1,000 people in China, and 25 vehicles per 1,000 people in India.
The report also highlights few prominent players operating in the Automotive Lighting market. Key companies profiled in the report include
– Royal Philips N.V.
– Ichikoh Industries Ltd.
– Magneti Marelli S.P.A.
– General Electric Company
– Osram Licht AG, Valeo S.A.
– Stanley Electric Co. Ltd.
– Zizala Lichtsysteme GMBH
– Koito Manufacturing Co., Ltd.
– Hella KGaA Hueck & Co.
Key Topics Covered:
1. Market Scope & Methodology
2. Executive Summary
3. Market Overview
3.2 Drivers for the Automotive Lighting market
3.2.1 Growing safety and security concerns while driving at night
3.2.2 Rising sales of premium cars
3.2.3 Increasing demand for energy efficient lighting solution
3.2.4 Increasing automotive manufacturing
3.3 Restraints for the Automotive Lighting market
3.3.1 High cost of LED lighting technology
3.4 Opportunity for the Automotive Lighting market
3.4.1 Massive unexplored market across the globe
3.4.2 Increasing urban population
4. Asia-Pacific Automotive Lighting Market by Technology
4.1.1 Halogen Technology
4.1.2 Xenon Technology
4.1.3 LED Technology
5. Asia-Pacific Automotive Lighting Market by Application
5.1.1 Front/Headlamps Lighting Market
5.1.2 Rear Lighting Market
5.1.3 Side Lighting Market
5.1.4 Interior Lighting Market
6. Asia-Pacific Automotive Lighting Market, by Vehicle Type
6.1.1 Passenger Car Lighting Market
6.1.2 Light Commercial Vehicle Lighting Market
6.1.3 Heavy Truck Lighting Market
6.1.4 Heavy Buses Lighting Market
7. Asia-Pacific Automotive Lighting Market, by Sales Channel Type
7.1.1 OEM Market
7.1.2 Aftermarket Lighting Market
8. Automotive Lighting Product Market by Country
9. Company Profiles
For more information visit http://www.researchandmarkets.com/research/gtgd7s/asia_pacific
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Sector: Automotive Body, Trim and Glass