Automotive Exterior LED Lighting Market Report Examines Top Company Analysis Forecast 2017 to 2022

According to a new research report released by Fact.MR, the global automotive exterior LED lighting market is likely to observe sluggish growth over the next five-year assessment period, possibly approaching the valuation of US$ 1.2 Bn by 2022 end. “The key players in automotive exterior LED lighting market will maintain the research spotlight on input voltage, temperature, and vibration, as these parameters dictate the tests and standards. Passive expansion of automotive exterior LED lighting market will prominently be the result of the complexity to meet stringent safety regulations established by government authorities,” says the expert research analyst, Fact.MR.

Front light, estimated for the revenue of over US$ 200 Mn by 2022 end, is presumed to maintain the lead over other product types throughout the forecast period. Losing a significant value share from almost one-fifth of the total market revenue share registered in 2017, front light is likely to see a declining scenario towards the end of projection period. Parking lights are however projected climb up slightly in terms of market value share in the automotive exterior LED lighting market, reaching nearly US$ 140 Mn by 2022 end.

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Chapterwise Analysis

Chapter 1: Executive Summary – Global Automotive Exterior LED Lighting Market Report
This section of the report provides a quick summary of the newly released market research study on automotive exterior LED lighting by Fact.MR.

Chapter 2: Overview of Global Automotive Exterior LED Lighting Market
The overview section of the global automotive exterior LED lighting market reports comprises three key sections – viz. market introduction, market sizing and forecast, and market dynamics. The introduction offers basic market definition and a quick glance at the taxonomy, whereas market
sizing and forecast offers data points in terms of Y-o-Y growth during 2017-2022. Furthermore, the section of market dynamics analysis elaborates on the key dynamics, i.e. drivers, restraints, and trends influencing the performance of automotive exterior LED lighting market. The next few sections of the report cover supply chain analysis, cost structure and pricing analysis, and raw material scenario assessment. The report then includes  information on the region-wise presence of the key participants in automotive exterior LED lighting market, including distributors. The next part of the report entails competitive analysis and technology trends shaping the overall scenario of automotive exterior LED lighting market.

Chapters 3-6: Taxonomy Analysis and Forecast – Automotive Exterior LED Lighting Market
This section of the global automotive exterior LED lighting market report classifies the global market for automotive exterior LED lighting by product type, vehicle type, sales channel, volts, and region. The product type segment is further categorized into front light, parking light, fog light front, fog
light rear, stop light, side signals/warning lights, head lamp, brake/tail light, license/number plate, panel lights; whereas the vehicle type segment is classified into compact passenger cars, mid-sized passenger cars, premium passenger cars, luxury passenger cars, light commercial vehicles, and
heavy commercial vehicles.

Based on sales channel, the global market for automotive exterior LED lighting market has been bifurcated into OEM and aftermarket. On the basis of volts, the automotive exterior LED lighting market is divided into 12V and 14V segments. By region, the global automotive exterior LED lighting
market into six key geographies – viz. North America, Latin America, Europe, Japan, APEJ, and MEA. FACT.MR analyzes each segment and sub-segment of automotive exterior LED lighting market in terms of revenue comparison, market share comparison, and Y-o-Y growth comparison.

Automakers Extend Efforts to Attain the ‘Lighting Brand Image’ with Adoption of Automotive Exterior LED Lighting Systems

Vehicle owners are increasingly inclining towards automotive exterior LED lighting for enhanced driver safety and pedestrian security. Automakers on the other side are triggering a brisk shift to automotive exterior LED lighting systems in an effort to explore infinite design opportunities and achieve the model/brand distinction in terms of lighting. A majority of leading LED producers and lighting technology innovators have also stepped into the game of automotive applications, as the profit margin is relatively higher.

Apart from the aforementioned companies, this report on the global automotive exterior LED lighting market provides strategic insights on other leading participants in the automotive exterior LED lighting market landscape. Some of the profiled players include Osram Licht AG, Koninklijke Philips N.V, Hella KGaA Hueck & Co, Magneti Marelli S.p.A., Stanley Electric Co. Ltd, Texas Instruments Incorporated, Zizala Lichtsysteme GmbH, Lumax Industries Ltd, Changzhou Xingyu Automotive Lighting Systems Co., Ltd., and Imasen Electric Industrial Co., Ltd.

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