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$43 Bn Automotive Exterior Lighting System Market - Global Outlook and Forecast 2018-2023 - ResearchAndMarkets.com

September 5, 2018

DUBLIN--(BUSINESS WIRE)--Sep 5, 2018--The “Automotive Exterior Lighting System Market - Global Outlook and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.

The global automotive exterior lighting system market is estimated to reach revenues of more than $43 billion by 2023, growing at a CAGR of approximately 6% during 2017-2023.

The market research report offers market size analysis in terms of unit shipment values during the forecast period.

The extensive price-wars among APAC manufacturers are encouraging them to expand their business in the North American and European market to attract new consumers. The growing adoption of automotive sensors and the use of energy efficient lightings such as LED and OLED will boost sales in the global market.

The global automotive exterior lighting system market is driven by the increasing implementation of powertrain, infotainment, connected vehicles, safety systems, and electronics. The increasing investments in engine downsizing that reduce the weight of the vehicles will augment the growth of the global market. The market research report provides in-depth market analysis and segmental analysis of the global automotive exterior lighting system market by product type, vehicle type, end-users, and geography.

Market Dynamics

Market Growth Enablers

Increasing sales of luxury cars fueling demand for new-generation automotive lighting Growing adoption of LED lights Advancements in ADAS promoting new generation of smart lights Rising demand for EVs to boost LED adoption

Market Growth Restraints

Increasing labor costs in APAC Stringent regulations to phase out old lighting technologies Increasing cost pressure on manufacturers

Market Opportunities & Trends

Rapid advancements in automotive LED lighting technology Increasing adoption of OLED lighting technology Introduction of laser light technology

The major vendors in the global market are:

KOITO MANUFACTURING Magneti Marelli Valeo Hella OSRAM

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Report Coverage

5 Report Assumptions & Caveats

6 Market at a Glance

7 Introduction

8 Market Dynamics

9 Value Chain Analysis

10 Market Landscape

11 Global Automotive Exterior Lighting System Market by Product

12 Global Automotive Exterior Lighting System Market by End-User

13 Global Automotive Exterior Lighting System Market by Vehicle

14 Global Automotive Exterior Lighting System Market by Geographic Segmentation

15 APAC: Automotive Exterior Lighting System Market

16 Europe: Automotive Exterior Lighting System Market

17 North America: Automotive Exterior Lighting System Market

18 Latin America: Automotive Exterior Lighting System Market

19 MEA: Automotive Exterior Lighting System Market

20 Competitive Landscape

21 Key Company profiles

Koito Manufacturing Magneti Marelli Valeo Hella OSRAM

22 Other Prominent Vendors

Stanley Electric Magna International Federal-Mogul Johnson Electric Holdings Robert Bosch Infineon Technologies Panasonic Samvardhana Motherson Group Flex-N-Gate Grupo Antolin Flextronics International Gentex Corporation Phoenix Lamps Division

For more information about this report visit https://www.researchandmarkets.com/research/mjqqn7/43_bn_automotive?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180905005387/en/

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Related Topics:Automotive Body, Trim and Glass

KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/05/2018 04:23 AM/DISC: 09/05/2018 04:23 AM

http://www.businesswire.com/news/home/20180905005387/en

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