Market Forecast by Countries (United States, Canada), By Vehicle Type (Passenger Vehicle, Commercial Vehicle), By Technology (Halogen, Xenon/HID (High-intensity Discharge Lamp), LED (Light Emitting Diode)), By Application (Front/Headlamps, Rear Lighting, Side, Interior Lighting) And Competitive Landscape
Product Code: ETC075046 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America Automotive Lighting Market is anticipated to register proliferation in the coming years. Automotive lighting refers to the lighting system of the vehicle or the signaling devices that are mounted on various parts of vehicles. Vehicles with adaptive and advanced lightings can detect objects on the road by enabling the driver to take appropriate actions required. Also increase in concern regarding road accidents fuels the demand for better safety features in vehicles eventually leading to the installation of efficient lighting system, thereby, providing optimum road illumination. Automotive lights are primarily installed to enhance the visibility in harsh environments. Whereas, the factors leading to decrease in demand of automotive lightings are expensive LEDs, heat producing halogen lights and denial by consumers in usage of lights that lead to energy waste market has seen downfall in year 2020 due to wide spread of pandemic. The manufacturing activities were disrupted globally. As the units of automobiles sold decreased with slowing global economy, the sales in automotive lightings too decreased. Although the market is predicted to grow with increasing demand in LEDs and adaptive lightings.
According to 6Wresearch, North America Automotive Lighting Market is anticipated to gain growth projections during the forecast period 2021-27. The country in North American Region that leads in AL marketing is United.Use of laser light for headlight, Flexible OLEDs for vehicle lighting, and bend lighting headlamps with LED are few trends that are anticipated to nurture the growth of the automotive lighting market further. Some of the initiatives undertaken within the automotive lighting industry is a joint venture signed between OSRAM and Continental AG in 2018 to manage the automotive lighting business.
Additionally, increased and enhanced consumer experience and spectacular business growth prospects is making it an ideal industrial product and would be a growth catalyst in the growth of the Automotive Lighting market in the coming future. Additionally, the advent of IoT (Internet of Things) in the automotive industry is anticipated to benefit the Automotive Lighting market to register significant growth in the coming timeframe as a result of an increase in the need for state-of-art expertise for better driving solutions in the automotive industry and rising use of leveraging of brownfield infrastructure for better understandability of facts and figures and increase in the high fund investments for the betterment and growth and development of automotive industry infrastructure.
The North American Automotive lighting market report thoroughly covers the market by product type, distribution channels, and countries including United States, Canada, Mexico and other key countries. North American Automotive Lighting market outlook report provides an unbiased and detailed analysis of the ongoing global automotive lighting market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Automotive Lighting Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Automotive Lighting Market Revenues & Volume, 2020 & 2027F |
3.3 North America Automotive Lighting Market - Industry Life Cycle |
3.4 North America Automotive Lighting Market - Porter's Five Forces |
3.5 North America Automotive Lighting Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 North America Automotive Lighting Market Revenues & Volume Share, By Vehicle Type, 2020 & 2027F |
3.7 North America Automotive Lighting Market Revenues & Volume Share, By Technology, 2020 & 2027F |
3.8 North America Automotive Lighting Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 North America Automotive Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Automotive Lighting Market Trends |
6 North America Automotive Lighting Market, 2017 - 2027 |
6.1 North America Automotive Lighting Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
6.2 North America Automotive Lighting Market, Revenues & Volume, By Technology, 2017 - 2027 |
6.3 North America Automotive Lighting Market, Revenues & Volume, By Application, 2017 - 2027 |
7 United States Automotive Lighting Market, 2017 - 2027 |
7.1 United States Automotive Lighting Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
7.2 United States Automotive Lighting Market, Revenues & Volume, By Technology, 2017 - 2027 |
7.3 United States Automotive Lighting Market, Revenues & Volume, By Application, 2017 - 2027 |
8 Canada Automotive Lighting Market, 2017 - 2027 |
8.1 Canada Automotive Lighting Market, Revenues & Volume, By Vehicle Type, 2017 - 2027 |
8.2 Canada Automotive Lighting Market, Revenues & Volume, By Technology, 2017 - 2027 |
8.3 Canada Automotive Lighting Market, Revenues & Volume, By Application, 2017 - 2027 |
9 North America Automotive Lighting Market Key Performance Indicators |
10 North America Automotive Lighting Market - Opportunity Assessment |
10.1 North America Automotive Lighting Market Opportunity Assessment, By Countries, 2020 & 2027F |
10.2 North America Automotive Lighting Market Opportunity Assessment, By Vehicle Type, 2020 & 2027F |
10.3 North America Automotive Lighting Market Opportunity Assessment, By Technology, 2020 & 2027F |
10.4 North America Automotive Lighting Market Opportunity Assessment, By Application, 2020 & 2027F |
11 North America Automotive Lighting Market - Competitive Landscape |
11.1 North America Automotive Lighting Market Revenue Share, By Companies, 2020 |
11.2 North America Automotive Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |