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The global deep hole drilling machines market size was valued at $611.1 million in 2019 and is projected to reach $784.1 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Deep hole drilling machines are utilized for drilling holes with depth-to-diameter (D:d) more than 10:1 and up to 400:1. It is especially designed for manufacturing of accurate and straight drilled workpieces, which find application in various industries, including automotive parts, medical and surgical tools, aerospace & defense related parts, and others Test.

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The global deep hole drilling machines market size was valued at $611.1 million in 2019 and is projected to reach $784.1 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Deep hole drilling machines are utilized for drilling holes with depth-to-diameter (D:d) more than 10:1 and up to 400:1. It is especially designed for manufacturing of accurate and straight drilled workpieces, which find application in various industries, including automotive parts, medical and surgical tools, aerospace & defense related parts, and others Test.

Global Automotive Lighting Market Report By Technology (LED, Halogen And Xenon), Vehicle Type (Passenger Cars, Commercial Vehicles And Two-Wheelers), Application (Front Lighting/Headlamps, Rear Lighting, Interior Lighting And Side Lighting) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027

ID:VMR11211340

July 2021

Global Automotive Lighting Market Overview

Lighting systems play an integral role in automotive design. The lighting system enhances the appeal of interior furnishing and creates a comfortable and pleasant atmosphere, and provides maximum driver and passenger safety. Vehicle lighting provides adequate and convenient illumination under all ambient lighting conditions, from complete darkness to bright sunlight. The lightings help in increasing the visibility of the vehicles for the driver. Moreover, it allows a pedestrian and driver to see a vehicle’s presence, position, size, the direction of travel, and the driver's intentions regarding the direction and speed of travel. An automotive is designed with various lightings such as headlamps, auxiliary lamps, dipped beam, driving lamps, front fog lamps, cornering lamps, spotlights, front position lamps, daytime running lamps, dim-dip lamps, side marker lights, and reflectors, turn signals, electrical connection, and switching, rear position lamps, stop lamps, center high mount stop lamp, emergency stop signal, reversing lamps, among others.

According to Value Market Research, the global Automotive Lighting market size was valued at about USD 32 billion in 2020 and is estimated to grow at a CAGR of around 5 % during the forecast period 2021 to 2027.

Automotive lighting makes the driving experience as comfortable and convenient as possible, combining functional and ambient lighting to create consistent but discreet illumination. Automotive lighting has undergone many significant shifts in the last five decades. Electrical light sources have shifted to LED. The new lighting has led to faster design cycles, lower prototyping costs, efficient virtual workshops supporting unique and ambitious automotive-lighting products. Spurring production and sale of passenger and commercial vehicles, growing buying power, and expanding logistics and other transportation businesses are primary factors steering automotive lighting demand. Increased safety and convenience demand, stringent standards, the launch of new car models, and customization drive innovation in the market. The increasing demand for premium vehicles, high demand for adaptive lighting, and lighting regulations for better visibility and safety further accelerate the need for automotive lighting. However, the high cost of LED lights and low penetration of advanced lighting in hatchback, compact sedan, and entry-level SUVs is expected to hamper the market growth. At the same time, the evolution of new technologies in automotive lighting is likely to create potential opportunities over the forecast period.

The global automotive lighting market is hugely competitive. The market consist of players including DENSO Corporation, Hella KGaA Hueck & Co., Hyundai Mobis, Koito Manufacturing Co. Ltd., Koninklijke Philips N.V., Osram Licht AG, ROBERT BOSCH GmbH, Stanley Electric Co. Ltd., Valeo, and Zizala Lichtsysteme GmbH.

In this research report, the automotive lighting market is segmented by adaptive lighting, vehicle type, technology, and region.

Analysis, By Adaptive Lighting:
Based on adaptive lighting, the global automotive lighting market is segmented into front adaptive lighting, rear adaptive lighting, and ambient lighting. Front and rear adaptive lighting acquired a more significant share in the global automotive lighting market. Front and rear lighting play a greater significance in the efficient functioning and safety of the driver than ambient lighting. Front and rear adaptive lighting serves as protection to driver and occupier and prevents accidents. Headlight and turn light are two very crucial lightings essentially required. Spurring production of automotive, both commercial and passenger, will drive the application segment market. New car models are coming up with more innovative lightings and distinct features.

Analysis, By Vehicle Type:
Based on vehicle type, the global automotive lighting market is segmented into passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles. Light and heavy commercial vehicles are loaded with greater lightings than passenger cars. However, passenger car generates higher revenue due to greater production and sales than commercial vehicle. Passenger car is generating majority revenue in the global automotive lighting market. Growing buying power and growing penetration of vehicle finance are regulating vehicle finance segment growth. Escalating electrification and connectivity trends are estimated to create new opportunities for the market.

Analysis, By Technology:
Based on technology, the automotive lighting market is fragmented into halogen, LED, and xenon. The LED segment is the largest and fastest-growing segment in the global market. The use of LED is preferred for interior and exterior lighting. The LED is widespread due to its benefits, including extended lifetime, directional light, and small package size. All modern vehicles are lit with LEDs as it offers small carbon footprint, brightness and uniformity, diversity of light-guide designs, and suitability to daytime lighting.

Analysis, By Region
Based on region, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific is the most lucrative market for automotive lightings. The region occupied the largest share and is anticipated to grow at an impressive rate during the forecast period. Rising purchasing power, prospering middle class, and favorable rules imposed by regional government are projected to drive demand for new automotive, thus lightings. New vehicle launches with increased lighting features are also complementing regional growth. Asian automakers and the design teams are growing their lighting innovation. Asian automakers realize that lighting innovations can complement production innovations in gaining a competitive advantage.

Market Segmentation covered in the Report:
By Technology

Halogen
LED
Xenon

By Application

Front Adaptive lighting
Rear Adaptive Lighting
Ambient Lighting

By Vehicle Type

Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicles

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.

1 . PREFACE

1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY
       2.1. Highlights of Automotive Lighting Market
       2.2. Global Automotive Lighting Market Snapshot

3 . AUTOMOTIVE LIGHTING – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Automotive Lighting Market
       3.3. Market Restraints of Automotive Lighting Market
       3.4. Opportunities of Automotive Lighting Market
       3.5. Trends of Automotive Lighting Market
       3.6. Porter’s Five Force Analysis of Automotive Lighting Market
       3.7. Automotive Lighting Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Technology
           3.7.2 Market Attractive Analysis by Vehicle Type
           3.7.3 Market Attractive Analysis by Application
           3.7.4 Market Attractive Analysis by Region

4 . VALUE CHAIN ANALYSIS
       4.1. Automotive Lighting Value Chain Analysis
       4.2. Automotive Lighting Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Automotive Lighting Raw Material Manufactures List
           4.2.3. Price Trend of Automotive Lighting Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend

5 . Impact Analysis of Covid-19 Outbreak
       5.1. Impact Analysis of Covid-19 Outbreak on Automotive Lighting Market
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Automotive Lighting Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Automotive Lighting Market Size in 2020, by Scenario
       5.5. COVID-19: Micro and Macro Factor Analysis on Automotive Lighting Market

6 . GLOBAL AUTOMOTIVE LIGHTING MARKET ANALYSIS BY TECHNOLOGY
       6.1 Overview by Technology
       6.2 Historical Data 2015-2018
       6.3 Global Automotive Lighting Market Analysis by Technology
       6.4 Market Analysis of LED by Regions
       6.6 Market Analysis of Halogen by Regions
       6.5 Market Analysis of Xenon by Regions

7 . GLOBAL AUTOMOTIVE LIGHTING MARKET ANALYSIS BY VEHICLE TYPE
       7.1 Overview by Vehicle Type
       7.2 Historical Data 2015-2018
       7.3 Global Automotive Lighting Market Analysis by Vehicle Type
       7.4 Market Analysis of Passenger cars by Regions
       7.5 Market Analysis of Commercial vehicles by Regions
       7.6 Market Analysis of Two-wheelers by Regions

8 . GLOBAL AUTOMOTIVE LIGHTING MARKET ANALYSIS BY APPLICATION
       8.1 Overview by Application
       8.2 Historical Data 2015-2018
       8.3 Global Automotive Lighting Market Analysis by Application
       8.4 Market Analysis of Front lighting/Headlamps by Regions
       8.5 Market Analysis of Rear lighting by Regions
       8.6 Market Analysis of Interior lighting by Regions
       8.7 Market Analysis of Side lighting by Regions

9 . GLOBAL AUTOMOTIVE LIGHTING MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview and Historic Data
           9.3.2. North America Automotive Lighting Market Estimate By Market Segment
           9.3.3. North America Automotive Lighting Market Estimate By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview and Historic Data
           9.4.2. Europe Automotive Lighting Market Estimate by Market Segment
           9.4.3. Europe Automotive Lighting Market Estimate by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview and Historic Data
           9.5.2. Asia Pacific Automotive Lighting Market Estimate by Market Segment
           9.5.3. Asia Pacific Automotive Lighting Market Estimate by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview and Historic Data
           9.6.2. Latin America Automotive Lighting Market Estimate by Market Segment
           9.6.3. Latin America Automotive Lighting Market Estimate by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
      9.7. Middle East & Africa
           9.7.1. Overview and Historic Data
           9.7.2. Middle East & Africa Automotive Lighting Market Estimate by Market Segment
           9.7.3. Middle East & Africa Automotive Lighting Market Estimate by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa

10 . COMPETITIVE LANDSCAPE OF THE AUTOMOTIVE LIGHTING COMPANIES
       10.1. Automotive Lighting Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments

11 . COMPANY PROFILES OF AUTOMOTIVE LIGHTING INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. HELLA GmbH & Co. KGaA
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Hyundai MOBIS
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. Koito Manufacturing Co. Ltd.
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Koninklijke Philips N.V.
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. Magneti Marelli S.p.A.
          11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. Namyung Lighting
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. OSRAM Group
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. Samsung Electronics Co. Ltd.
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. Seoul Semiconductor Co. Ltd.
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. Others
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments

*Note - In company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

LIST OF TABLES

LIST OF FIGURES

Research Scope of Automotive Lighting Report
Market Research Process
Market Research Methodology
Global Automotive Lighting Market Size, by Region (2019)
Porters Five Forces Analysis
Market Attractiveness Analysis by Technology
Market Attractiveness Analysis by Vehicle Type
Market Attractiveness Analysis by Application
Market Attractiveness Analysis by Region
Value Chain Analysis
Global Automotive Lighting Market Analysis by Technology
Global Automotive Lighting Market Analysis in LED by Region
Global Automotive Lighting Market Analysis in Halogen by Region
Global Automotive Lighting Market Analysis in Xenon by Region
Global Automotive Lighting Market Analysis by Vehicle Type
Global Automotive Lighting Market Analysis in Passenger cars by Region
Global Automotive Lighting Market Analysis in Commercial vehicles by Region
Global Automotive Lighting Market Analysis in Two-wheelers by Region
Global Automotive Lighting Market Analysis by Application
Global Automotive Lighting Market Analysis in Front lighting/Headlamps by Region
Global Automotive Lighting Market Analysis in Rear lighting by Region
Global Automotive Lighting Market Analysis in Interior lighting by Region
Global Automotive Lighting Market Analysis in Side lighting by Region
Global Automotive Lighting Market by Revenue
North America Automotive Lighting Market by Revenue
Europe Automotive Lighting Market by Revenue
Asia Pacific Automotive Lighting Market by Revenue
Latin America Automotive Lighting Market by Revenue
Middle East & Africa Automotive Lighting Market by Revenue
Recent Development in Automotive Lighting Industry
Company Market Share Analysis, 2019

* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Define and measure the global market
Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
Analyze and identify major market trends along with the factors driving or inhibiting the market growth
Study the company profiles of the major market players with their market share
Analyze competitive developments

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ID:VMR11211340

July 2021

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