Automotive Smart Lighting Market
PUBLISHED: 2020 ID: SMRC19522
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Automotive Smart Lighting Market

Automotive Smart Lighting - Global Market Outlook (2019-2027)

4.1 (22 reviews)
4.1 (22 reviews)
Published: 2020 ID: SMRC19522

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Automotive Smart Lighting Market is expected to growing at a CAGR of 10.1% during the forecast period. Some of the key factors propelling the market growth include growing concerns about vehicular safety, advanced technology, more use of sensors, growing investment in R&D projects, and growing market of electric and autonomous vehicles. However, high cost of LED lights is likely to hamper the market.

Lighting plays an important role in automotive vehicles to provide illumination for the driver. In addition, lighting systems also help other drivers and pedestrians on the road to detect the vehicle’s position, direction of movement, and size. It adds aesthetic looks to both interior and exterior parts of the vehicle and at the same time increases the conspicuity of the vehicle. It comprises lighting and signaling devices. This lighting equipment is mounted on different locations in the vehicle such as front, rear, top, and interiors.

By technology, halogen segment is expected to grow at the significant rate during the forecast period. Low purchasing & replacement cost and easy availability are few factors for the adoption of halogen technology. They are available in different dimensions and are cost-effective and easy to replace. However, excessive heat loss while light radiation has increased awareness for energy efficiency leading to the reduced usage of halogen.

On the basis of geography, the Asia Pacific is among the leading automobile producer and market in the world. China, India, and Japan are the major economies in the regional market that are anticipated to grow at a significant rate in the global market. Increased automobile production across countries such as China, India, Japan, and Taiwan combined with rising urban population, growing economies, and increasing the purchasing power of individuals is estimated to fuel the demand across this region.

Some of the key players in automotive smart lighting market include HELLA KGaA Hueck & Co., Koninklijke Philips N.V., Hyundai Mobis, Magneti Marelli SpA, Lumax Industries, Koito Manufacturing Co. Ltd, Mitsuba Corporation, Stanley Electric Co. Ltd, OsRam Licht AG, and Valeo Group.

Technologies Covered:
• Light-emitting Diode (LED)
• Halogen
• Xenon

Vehicle Types Covered:
• Commercial Vehicles
• Passenger Cars

Applications Covered:
• Exterior Lighting
• Interior Lighting

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand       
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

Table of Contents

1 Executive Summary     
      
2 Preface     

 2.1 Abstract    
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology    
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions   
      
3 Market Trend Analysis     
 3.1 Introduction    
 3.2 Drivers    
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats    
 3.6 Technology Analysis    
 3.7 Application Analysis    
 3.8 Emerging Markets    
 3.9 Impact of Covid-19    
      
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry    
      
5 Global Automotive Smart Lighting Market, By Technology     
 5.1 Introduction    
 5.2 Light-emitting Diode (LED)     
 5.3 Halogen    
 5.4 Xenon    
      
6 Global Automotive Smart Lighting Market, By Vehicle Type     
 6.1 Introduction    
 6.2 Commercial Vehicles    
 6.3 Passenger Cars    
      
7 Global Automotive Smart Lighting Market, By Application     
 7.1 Introduction    
 7.2 Exterior Lighting    
 7.3 Interior Lighting    
      
8 Global Automotive Smart Lighting Market, By Geography     
 8.1 Introduction    
 8.2 North America    
  8.2.1 US   
  8.2.2 Canada   
  8.2.3 Mexico   
 8.3 Europe    
  8.3.1 Germany   
  8.3.2 UK   
  8.3.3 Italy    
  8.3.4 France   
  8.3.5 Spain   
  8.3.6 Rest of Europe   
 8.4 Asia Pacific    
  8.4.1 Japan   
  8.4.2 China   
  8.4.3 India   
  8.4.4 Australia   
  8.4.5 New Zealand   
  8.4.6 South Korea   
  8.4.7 Rest of Asia Pacific   
 8.5 South America    
  8.5.1 Argentina   
  8.5.2 Brazil   
  8.5.3 Chile   
  8.5.4 Rest of South America   
 8.6 Middle East & Africa    
  8.6.1 Saudi Arabia   
  8.6.2 UAE   
  8.6.3 Qatar   
  8.6.4 South Africa   
  8.6.5 Rest of Middle East & Africa   
      
9 Key Developments     
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 9.2 Acquisitions & Mergers    
 9.3 New Product Launch    
 9.4 Expansions    
 9.5 Other Key Strategies    
      
10 Company Profiling      
 10.1 HELLA KGaA Hueck & Co.    
 10.2 Koninklijke Philips N.V.    
 10.3 Hyundai Mobis    
 10.4 Magneti Marelli SpA    
 10.5 Lumax Industries    
 10.6 Koito Manufacturing Co. Ltd    
 10.7 Mitsuba Corporation    
 10.8 Stanley Electric Co. Ltd    
 10.9 OsRam Licht AG    
 10.10 Valeo Group    


List of Tables      
1 Global Automotive Smart Lighting Market Outlook, By Region (2018-2027) ($MN)     
2 Global Automotive Smart Lighting Market Outlook, By Technology (2018-2027) ($MN)     
3 Global Automotive Smart Lighting Market Outlook, By Light-emitting Diode (LED) (2018-2027) ($MN)     
4 Global Automotive Smart Lighting Market Outlook, By Halogen (2018-2027) ($MN)     
5 Global Automotive Smart Lighting Market Outlook, By Xenon (2018-2027) ($MN)     
6 Global Automotive Smart Lighting Market Outlook, By Vehicle Type (2018-2027) ($MN)     
7 Global Automotive Smart Lighting Market Outlook, By Commercial Vehicles (2018-2027) ($MN)     
8 Global Automotive Smart Lighting Market Outlook, By Passenger Cars (2018-2027) ($MN)     
9 Global Automotive Smart Lighting Market Outlook, By Application (2018-2027) ($MN)     
10 Global Automotive Smart Lighting Market Outlook, By Exterior Lighting (2018-2027) ($MN)     
11 Global Automotive Smart Lighting Market Outlook, By Interior Lighting (2018-2027) ($MN)     
12 North America Automotive Smart Lighting Market Outlook, By Country (2018-2027) ($MN)     
13 North America Automotive Smart Lighting Market Outlook, By Technology (2018-2027) ($MN)     
14 North America Automotive Smart Lighting Market Outlook, By Light-emitting Diode (LED) (2018-2027) ($MN)     
15 North America Automotive Smart Lighting Market Outlook, By Halogen (2018-2027) ($MN)     
16 North America Automotive Smart Lighting Market Outlook, By Xenon (2018-2027) ($MN)     
17 North America Automotive Smart Lighting Market Outlook, By Vehicle Type (2018-2027) ($MN)     
18 North America Automotive Smart Lighting Market Outlook, By Commercial Vehicles (2018-2027) ($MN)     
19 North America Automotive Smart Lighting Market Outlook, By Passenger Cars (2018-2027) ($MN)     
20 North America Automotive Smart Lighting Market Outlook, By Application (2018-2027) ($MN)     
21 North America Automotive Smart Lighting Market Outlook, By Exterior Lighting (2018-2027) ($MN)     
22 North America Automotive Smart Lighting Market Outlook, By Interior Lighting (2018-2027) ($MN)     
23 Europe Automotive Smart Lighting Market Outlook, By Country (2018-2027) ($MN)     
24 Europe Automotive Smart Lighting Market Outlook, By Technology (2018-2027) ($MN)     
25 Europe Automotive Smart Lighting Market Outlook, By Light-emitting Diode (LED) (2018-2027) ($MN)     
26 Europe Automotive Smart Lighting Market Outlook, By Halogen (2018-2027) ($MN)     
27 Europe Automotive Smart Lighting Market Outlook, By Xenon (2018-2027) ($MN)     
28 Europe Automotive Smart Lighting Market Outlook, By Vehicle Type (2018-2027) ($MN)     
29 Europe Automotive Smart Lighting Market Outlook, By Commercial Vehicles (2018-2027) ($MN)     
30 Europe Automotive Smart Lighting Market Outlook, By Passenger Cars (2018-2027) ($MN)     
31 Europe Automotive Smart Lighting Market Outlook, By Application (2018-2027) ($MN)     
32 Europe Automotive Smart Lighting Market Outlook, By Exterior Lighting (2018-2027) ($MN)     
33 Europe Automotive Smart Lighting Market Outlook, By Interior Lighting (2018-2027) ($MN)     
34 Asia Pacific Automotive Smart Lighting Market Outlook, By Country (2018-2027) ($MN)     
35 Asia Pacific Automotive Smart Lighting Market Outlook, By Technology (2018-2027) ($MN)     
36 Asia Pacific Automotive Smart Lighting Market Outlook, By Light-emitting Diode (LED) (2018-2027) ($MN)     
37 Asia Pacific Automotive Smart Lighting Market Outlook, By Halogen (2018-2027) ($MN)     
38 Asia Pacific Automotive Smart Lighting Market Outlook, By Xenon (2018-2027) ($MN)     
39 Asia Pacific Automotive Smart Lighting Market Outlook, By Vehicle Type (2018-2027) ($MN)     
40 Asia Pacific Automotive Smart Lighting Market Outlook, By Commercial Vehicles (2018-2027) ($MN)     
41 Asia Pacific Automotive Smart Lighting Market Outlook, By Passenger Cars (2018-2027) ($MN)     
42 Asia Pacific Automotive Smart Lighting Market Outlook, By Application (2018-2027) ($MN)     
43 Asia Pacific Automotive Smart Lighting Market Outlook, By Exterior Lighting (2018-2027) ($MN)     
44 Asia Pacific Automotive Smart Lighting Market Outlook, By Interior Lighting (2018-2027) ($MN)     
45 South America Automotive Smart Lighting Market Outlook, By Country (2018-2027) ($MN)     
46 South America Automotive Smart Lighting Market Outlook, By Technology (2018-2027) ($MN)     
47 South America Automotive Smart Lighting Market Outlook, By Light-emitting Diode (LED) (2018-2027) ($MN)     
48 South America Automotive Smart Lighting Market Outlook, By Halogen (2018-2027) ($MN)     
49 South America Automotive Smart Lighting Market Outlook, By Xenon (2018-2027) ($MN)     
50 South America Automotive Smart Lighting Market Outlook, By Vehicle Type (2018-2027) ($MN)     
51 South America Automotive Smart Lighting Market Outlook, By Commercial Vehicles (2018-2027) ($MN)     
52 South America Automotive Smart Lighting Market Outlook, By Passenger Cars (2018-2027) ($MN)     
53 South America Automotive Smart Lighting Market Outlook, By Application (2018-2027) ($MN)     
54 South America Automotive Smart Lighting Market Outlook, By Exterior Lighting (2018-2027) ($MN)     
55 South America Automotive Smart Lighting Market Outlook, By Interior Lighting (2018-2027) ($MN)     
56 Middle East & Africa Automotive Smart Lighting Market Outlook, By Country (2018-2027) ($MN)     
57 Middle East & Africa Automotive Smart Lighting Market Outlook, By Technology (2018-2027) ($MN)     
58 Middle East & Africa Automotive Smart Lighting Market Outlook, By Light-emitting Diode (LED) (2018-2027) ($MN)     
59 Middle East & Africa Automotive Smart Lighting Market Outlook, By Halogen (2018-2027) ($MN)     
60 Middle East & Africa Automotive Smart Lighting Market Outlook, By Xenon (2018-2027) ($MN)     
61 Middle East & Africa Automotive Smart Lighting Market Outlook, By Vehicle Type (2018-2027) ($MN)     
62 Middle East & Africa Automotive Smart Lighting Market Outlook, By Commercial Vehicles (2018-2027) ($MN)     
63 Middle East & Africa Automotive Smart Lighting Market Outlook, By Passenger Cars (2018-2027) ($MN)     
64 Middle East & Africa Automotive Smart Lighting Market Outlook, By Application (2018-2027) ($MN)     
65 Middle East & Africa Automotive Smart Lighting Market Outlook, By Exterior Lighting (2018-2027) ($MN)     
66 Middle East & Africa Automotive Smart Lighting Market Outlook, By Interior Lighting (2018-2027) ($MN)     

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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