Recent Study: Automotive Lighting Market in the APAC Region 2014-2018

Automotive lighting systems comprise lighting and signaling devices that are mounted on or integrated in the exterior or interior of a vehicle. The main purpose of a lighting system is to provide the driver with efficient illumination to improve his/her safety when driving. It is also beneficial in efficiently displaying information about the vehicle's presence, position, speed, size, and direction of travel to oncoming vehicles. Automotive lighting is very important and plays a major role in providing improved safety to occupants by offering a high level of comfort as they can view the inside of the vehicle better; it also plays a major role in vehicle styling. The technology used in automotive lighting has improved significantly. This has helped manufacturers develop lighting that is pleasing to customers and safer, and adds value to the vehicle. The Automotive Lighting market in the APAC region is currently undergoing a radical change, fueled by advances in lighting technology, exponential vehicle production, and the drive toward greater energy efficiency.

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TechNavio's analysts forecast the Automotive Lighting Market in APAC Region to grow at a CAGR of 6.85 percent over the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Automotive Lighting market in the APAC region for the period 2014-2018. To calculate the market size, the report considers the revenue generated through the sales of automotive lighting products such as headlamps, rear lamps, fog lamps, side lamps, and interior lamps across the APAC region. It presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of this market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

TechNavio's report, the Automotive Lighting Market in the APAC region 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC regions; it also covers the Automotive Lighting market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

* APAC

Key Vendors

* Hella Kgaa Hueck & Co.
* Koito Manufacturing Co. Ltd.
* Magneti MareIli SpA
* Valeo SA

Other Prominent Vendors

* Changzhou Jiadun Lighting
* Depo Auto Parts
* GE Lighting
* Ichikoh Industries
* Osram
* Panasonic
* Philips
* Samlip
* Sony
* Stanley Electric
* TAYIH Industrial
* TYC Genera
* Visteon
* ZIZALA Lichtsysteme

Market Driver

* Increased Production of Automobiles.

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