Assessment of the Automotive Exterior LED Lighting Market
The global Automotive Exterior LED Lighting Market study elucidates an exhaustive compilation of the historical, current and future projections of the market as well as the factors influencing the growth of the market. With a focused and in-depth SWOT analysis, the research report highlights the strengths, weaknesses, opportunities and threats of each Automotive Exterior LED Lighting Market player in a comprehensive and detailed manner. Further, the Automotive Exterior LED Lighting Market report lays focus on the adoption pattern and other dynamics of the Automotive Exterior LED Lighting across various industries.
The latest report published by Fact.MR on the global Automotive Exterior LED Lighting Market reveals that the market is expected to grow at a CAGR of ~XX% during the forecast period 2017 to 2022 and reach a value of ~US$ XX by the end of 2029. Further, by leveraging the data in the report, investors, established players, emerging market players, and stakeholders can develop effective business strategies to cement their position in the global Automotive Exterior LED Lighting Market.
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The Automotive Exterior LED Lighting Market report offers groundbreaking insights which include:
- Dynamic consumption patterns among individuals globally
- Evolutionary and future progress of the global Automotive Exterior LED Lighting market
- Regional segmentation of the Automotive Exterior LED Lighting Market to understand the revenue potential, and growth of the Automotive Exterior LED Lighting Market in these areas
- Systematic assessment of Year-on-Year growth of the global Automotive Exterior LED Lighting Market
- Essential trends, including proprietary technologies, innovative equipment, and globalization affecting the global Automotive Exterior LED Lighting Market
The Automotive Exterior LED Lighting Market report elucidates and answers the following questions:
- Which regulatory authorities have granted approval to the application of Automotive Exterior LED Lighting in xx industry?
- How will the global Automotive Exterior LED Lighting Market grow over the forecast period 2017 to 2022?
- What is the company wise market share analysis of Automotive Exterior LED Lighting by 2029?
- What manufacturing techniques are involved in the production of the Automotive Exterior LED Lighting ?
- Which regions are the Automotive Exterior LED Lighting Market players optimizing their production portfolio?
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Competitive Landscape Analysis: Global Automotive Exterior Lighting Market
The automotive lighting industry has been observing significantly growing interest of a number of players in high performance and superior design capabilities of automotive exterior LED lighting systems. This trend is expected to empower the automotive exterior LED lighting market supply chain with new companies that have exclusive expertise in the various aspects of automotive exterior LED lighting technology.
Philips, through the Vision LED series, became the first company to introduce the street-legal automotive exterior LED lighting system. While this automotive exterior LED lighting is supposedly the direct replacement for conventional incandescent bulbs, it is prominently designed for headlights with a high ambient and safety quotient. Audi, one of the leading innovators in the automotive lighting technology and design space, has recently extended the R&D repertoire to include Matrix LED and OLED lighting systems. Koito Manufacturing Co. Ltd. recently developed the LED Compact Bi-function that includes one LED light source switching intermittently between low beam and high beam. Valeo SA offers a complete range of intelligent automotive exterior LED lighting architecture that also covers cameras, control units, sensors, and embedded software, besides headlamps.
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.
With an objective to provide light based assistance to drivers, Osram has proposed a conceptual futuristic automotive exterior LED lighting system – Oslon Boost HX. This revolutionary lighting system is supposed to perform the function similar to that of a projector, and would help drivers negotiate the road works, on-road hazards, or icy patches with more safety. The single LED used in this system is claimed to deliver more than 1,400lm, which would help the company become the first innovator to efficiently break in to the growing trend of special user experience. On the other hand, Osram Opto Semiconductors has introduced Infrared (IR) LEDs, i.e. IREDs to their automotive exterior LED lighting portfolio. Typical exterior applications are likely to include pedestrian detection, even night vision, and lane departure detection.
About the Report on Global Automotive Exterior LED Lighting Market
The global automotive exterior LED lighting market report thoroughly evaluates the current and prospective scenario of the global market for automotive exterior LED lighting, considering 2017-2022 as the assessment period. Although the automotive exterior LED lighting market has been projected to see poor overall growth over the next few years, the global revenue is likely to exceed the value of US$ 1.2 Bn towards the end of 2022.
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