The report covers a forecast and an analysis of the On-highway Vehicle Lighting Market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2026 based on revenue and volume.
Overview of the Global On-highway Vehicle Lighting Market:
The Global On-highway Vehicle Lighting Market is accounted for $25.98 Billion in 2017 and is expected to reach $45.97 Billion by 2026 growing at a CAGR of 6.5% during the forecast period.
Growing automobile production across various regions, increasing adoption of LED lamps and rising penetration of energy-efficient light sources are some of the factors propelling the market growth. However, altering climate in several countries due to global warming creates smog, which acts as restraining the market growth.
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On-highway vehicle lighting is a phrase used for the lighting used in passenger and commercial vehicles, excluding off-road vehicles. All vehicles manufactured to be run on tar roads are termed as on-highway vehicles, and the lighting utilized in such vehicles is termed as on-highway lighting. All vehicles are equipped with diverse types of lighting such as interior and exterior.
On the basis of Application, Headlights segment holds the significant market growth during the forecast period. The growth is attributed due to rising production of motor vehicles and varying prices of light sources and technological advancements.
According to the regional analysis, Asia Pacific has the largest market share during the forecast period due to rapidly rising automotive sector, strict regulations by local governments concerning the use of energy-efficient lighting sources are some of the factors driving the market in this region.
A complete analysis of the competitive landscape of the Global On-highway Vehicle Lighting Market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost. This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the On-highway Vehicle Lighting Market players.
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Major Key Players:
1 Continental AG
2 Robert Bosch GmbH
3 Valeo S.A.
4 Spyder Auto
5 Magneti Marelli S.p.A.
6 Koito Manufacturing CO., LTD.
7 Denso Corporation
8 Ichikoh Industries Ltd
9 De Amertek Corp
10 LG Display Co., Ltd. And More…………..
Market Segment by Vehicle Types:
1 Heavy Trucks (Class 7 & 8)
2 Light Trucks (Class 1-3)
3 Medium Trucks (Class 4-6)
6 Passenger Car
7 Electric vehicle
Market Segment by Products:
1 High Intensity Discharge (HID)
4 Light-Emitting Diode (LED)
6 Organic Light Emitting Diode (OLED)
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What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
3 Which are the leading market products, applications & regions and how will they perform by 2026?
4 What are the technologies & innovation trends, how will they evolve by 2026?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of On-highway Vehicle Lighting Market.
Table of Contents:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global On-highway Vehicle Lighting Market, By Vehicle Type
6 Global On-highway Vehicle Lighting Market, By Product
7 Global On-highway Vehicle Lighting Market, By Application
8 Global On-highway Vehicle Lighting Market, By Sales Channel
9 Global On-highway Vehicle Lighting Market, By Geography
10 Key Developments
11 Company Profiling
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