Product Code: ETC064799 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Automotive Lighting market currently, in 2023, has witnessed an HHI of 1015, Which has decreased slightly as compared to the HHI of 1430 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) automotive lighting market is poised for substantial growth in the forecast period from 2021 to 2027. Automotive lighting plays a crucial role in enhancing road safety, visibility, and aesthetics of vehicles. The market`s expansion is primarily driven by the increasing automotive sales, growing awareness of vehicle safety, and the introduction of advanced lighting technologies. As the UAE witnesses a rise in urbanization, infrastructure development, and a growing automotive industry, the demand for automotive lighting solutions is expected to surge.
Several factors contribute to driving the growth of the automotive lighting market in the UAE. One of the key drivers is the increasing automotive production and sales in the country. As the UAE economy continues to grow, there is a rising demand for passenger cars, commercial vehicles, and luxury vehicles, which directly impacts the demand for automotive lighting components. Additionally, the UAE government`s emphasis on road safety and vehicle regulations has led to a higher adoption of advanced lighting systems that improve visibility and reduce accidents.
Despite the positive growth prospects, the UAE automotive lighting market faces certain challenges. One of the primary challenges is the increasing competition among automotive lighting manufacturers and suppliers. The market is highly competitive, with several international and domestic players vying for market share. This intensifying competition may put pressure on pricing and profit margins for industry participants.
The COVID-19 pandemic had significant implications for the UAE automotive lighting market. During the pandemic, the automotive industry experienced disruptions due to lockdown measures, reduced consumer spending, and supply chain interruptions. This led to a temporary decline in automotive production and sales, which in turn affected the demand for automotive lighting components. However, the market also witnessed a shift in consumer preferences towards personal vehicles over public transportation due to health and safety concerns. This trend resulted in increased demand for personal vehicles and aftermarket automotive lighting solutions. As the UAE economy gradually recovers from the pandemic and the automotive industry rebounds, the market is expected to witness a resurgence in demand for automotive lighting products.
The UAE automotive lighting market is served by both automotive lighting manufacturers and local suppliers. Key players in the market may include leading international companies such as Osram GmbH, Hella GmbH & Co. KGaA, and Valeo SA, known for their extensive portfolio of automotive lighting solutions. These players often have a strong presence in the UAE market, supplying lighting components to various automobile manufacturers and aftermarket retailers.
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 United Arab Emirates (UAE) Automotive Lighting Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume, 2020 & 2027F |
3.3 United Arab Emirates (UAE) Automotive Lighting Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Automotive Lighting Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume Share, By Vehicle Type, 2020 & 2027F |
3.6 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume Share, By Technology, 2020 & 2027F |
3.7 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 United Arab Emirates (UAE) Automotive Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Automotive Lighting Market Trends |
6 United Arab Emirates (UAE) Automotive Lighting Market, By Types |
6.1 United Arab Emirates (UAE) Automotive Lighting Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume, By Vehicle Type, 2018 - 2027F |
6.1.3 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume, By Passenger Vehicle, 2018 - 2027F |
6.1.4 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume, By Commercial Vehicle, 2018 - 2027F |
6.2 United Arab Emirates (UAE) Automotive Lighting Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume, By Halogen, 2018 - 2027F |
6.2.3 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume, By Xenon/HID (High-intensity Discharge Lamp), 2018 - 2027F |
6.2.4 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume, By LED (Light Emitting Diode), 2018 - 2027F |
6.3 United Arab Emirates (UAE) Automotive Lighting Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume, By Front/Headlamps, 2018 - 2027F |
6.3.3 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume, By Rear Lighting, 2018 - 2027F |
6.3.4 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume, By Side, 2018 - 2027F |
6.3.5 United Arab Emirates (UAE) Automotive Lighting Market Revenues & Volume, By Interior Lighting, 2018 - 2027F |
7 United Arab Emirates (UAE) Automotive Lighting Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Automotive Lighting Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Automotive Lighting Market Imports from Major Countries |
8 United Arab Emirates (UAE) Automotive Lighting Market Key Performance Indicators |
9 United Arab Emirates (UAE) Automotive Lighting Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Automotive Lighting Market Opportunity Assessment, By Vehicle Type, 2020 & 2027F |
9.2 United Arab Emirates (UAE) Automotive Lighting Market Opportunity Assessment, By Technology, 2020 & 2027F |
9.3 United Arab Emirates (UAE) Automotive Lighting Market Opportunity Assessment, By Application, 2020 & 2027F |
10 United Arab Emirates (UAE) Automotive Lighting Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Automotive Lighting Market Revenue Share, By Companies, 2020 |
10.2 United Arab Emirates (UAE) Automotive Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |