Global Automotive Lighting System Market to Surpass US$34 bn by 2021, Surge in Vehicle Production to be Key Growth Enabler
ResearchMoz added Latest Research Report titled " Automotive Lighting System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021 " to it's Large Report database.
The market research study analyzes the automotive lighting system market on a global level and provides estimates in terms of revenue (USD) from 2015 to 2021. It gives a comprehensive overview of the automotive lighting system industry from all the important aspects of the market. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.
Lighting system in an automobile comprises of signaling and lighting devices fitted to the front, rear, interior and the exterior sides of the vehicle. The function of automotive lighting is to provide safety by ensuring visibility to the driver during the night and under dark weather conditions. The lighting on the sides of the vehicles emphasizes on the signaling feature, which assists the driver to make diversions to the left or the right side.
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In the recent times, there has been an increasing awareness among people relating to automobile safety and security. In addition, stringent lighting regulations and legislations set up by the government of various countries have shifted the focus of automotive lighting manufacturers from obsolete inefficient automotive lamps to smart and efficient automotive lighting. Technologies such as LED, HID/Xenon and Halogen have brought a transition in the recent trend of automotive lighting. Advanced front lighting system (AFS) and active intelligent lighting system (AILS) is a certain technology that uses the navigation system of the vehicle to ensure automatic visibility to the driver of the vehicle.
The increase in the demand for advanced automotive lighting technologies such as LED, HID/Xenon and Halogen lamps is due to the low consumption of energy and longevity of such lamps. Among the above mentioned technologies, Halogen lamps are widely preferred because of its low cost and efficiency. LED and HID/Xenon lamps are relatively expensive but much more efficient as compared to Halogen lamps. During the forecast period, the preference of the consumers is expected to partly shift from Halogen technology to LED and HID/Xenon, with the rising disposable income of the people across the globe.
Browse more details @ http://www.researchmoz.us/automotive-lighting-system-market-global-industry-analysis-size-share-growth-trends-and-forecast-2015-2021-report.html
Table of Content
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Research Methodology
Chapter 2 Executive Summary
Chapter 3 Global Overview
3.1 Introduction
3.2 Key Trend Analysis
3.3 Market Drivers
3.3.1 Supply Side: Advanced lighting technologies (LED, HID, and Halogen)
3.3.2 Demand Side: Increasing production of vehicles
3.3.3 Economic Driver: Increase in the revenue generated across the global automotive sector
3.4 Market Restraints
3.4.1 High cost of LED and HID lighting
3.4.2 High R&D expenditure
3.5 Market Opportunities
3.5.1 Replacement of standard lamps with LED, HID, and Halogen lamps
3.5.2 Purchasing power and preference of consumers
About ResearchMoz
ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
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Tel: +1-518-621-2074 / Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
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The market research study analyzes the automotive lighting system market on a global level and provides estimates in terms of revenue (USD) from 2015 to 2021. It gives a comprehensive overview of the automotive lighting system industry from all the important aspects of the market. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.
Lighting system in an automobile comprises of signaling and lighting devices fitted to the front, rear, interior and the exterior sides of the vehicle. The function of automotive lighting is to provide safety by ensuring visibility to the driver during the night and under dark weather conditions. The lighting on the sides of the vehicles emphasizes on the signaling feature, which assists the driver to make diversions to the left or the right side.
Request for Sample PDF of Premium Research Report with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=281480
In the recent times, there has been an increasing awareness among people relating to automobile safety and security. In addition, stringent lighting regulations and legislations set up by the government of various countries have shifted the focus of automotive lighting manufacturers from obsolete inefficient automotive lamps to smart and efficient automotive lighting. Technologies such as LED, HID/Xenon and Halogen have brought a transition in the recent trend of automotive lighting. Advanced front lighting system (AFS) and active intelligent lighting system (AILS) is a certain technology that uses the navigation system of the vehicle to ensure automatic visibility to the driver of the vehicle.
The increase in the demand for advanced automotive lighting technologies such as LED, HID/Xenon and Halogen lamps is due to the low consumption of energy and longevity of such lamps. Among the above mentioned technologies, Halogen lamps are widely preferred because of its low cost and efficiency. LED and HID/Xenon lamps are relatively expensive but much more efficient as compared to Halogen lamps. During the forecast period, the preference of the consumers is expected to partly shift from Halogen technology to LED and HID/Xenon, with the rising disposable income of the people across the globe.
Browse more details @ http://www.researchmoz.us/automotive-lighting-system-market-global-industry-analysis-size-share-growth-trends-and-forecast-2015-2021-report.html
Table of Content
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Research Methodology
Chapter 2 Executive Summary
Chapter 3 Global Overview
3.1 Introduction
3.2 Key Trend Analysis
3.3 Market Drivers
3.3.1 Supply Side: Advanced lighting technologies (LED, HID, and Halogen)
3.3.2 Demand Side: Increasing production of vehicles
3.3.3 Economic Driver: Increase in the revenue generated across the global automotive sector
3.4 Market Restraints
3.4.1 High cost of LED and HID lighting
3.4.2 High R&D expenditure
3.5 Market Opportunities
3.5.1 Replacement of standard lamps with LED, HID, and Halogen lamps
3.5.2 Purchasing power and preference of consumers
About ResearchMoz
ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
Contact Us:
Mr. Nachiket Ghumare
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074 / Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Follow us on LinkedIn at: http://bit.ly/1TBmnVG
Follow me on Blogger at: http://deep-research-report.blogspot.com/
Global Automotive Lighting System Market to Surpass US$34 bn by 2021, Surge in Vehicle Production to be Key Growth Enabler
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