Global Heavy Commercial Vehicles Lighting Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

SKU ID : GIR-13876636 | Publishing Date : 20-Feb-2019 | No. of pages : 123

The lighting system of heavy commercial vehicles consists of lighting and signaling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle. This lights the roadway for the driver and increases the visibility of the vehicle, allowing other drivers and pedestrians to see a vehicle's presence, position, size, direction of travel, and the driver's intentions regarding direction and speed of travel. Emergency vehicles usually carry distinctive lighting equipment to warn drivers and indicate priority of movement in traffic.

Scope of the Report:
On the basis of technology, the Commercial Vehicles Lighting market is segregated into halogen, xenon, and LED. Halogen dominated the industry in 2017 and is expected to grow at a CAGR of over 4.2% from 2017 to 2023. Low purchasing & replacement cost and easy availability are few factors for the adoption of halogen technology. They are available in different dimensions and are cost-effective and easy to replace. However, excessive heat loss while light radiation has increased awareness for energy efficiency leading to the reduced usage of halogen. LED lighting market accounted for over 10% of the overall share in 2017 and is expected to witness substantial growth over the forecast period. This is largely attributed to red LED applications such as indicators and brake lights.
The worldwide market for Heavy Commercial Vehicles Lighting is expected to grow at a CAGR of roughly 4.3% over the next five years, will reach 800 million US$ in 2024, from 620 million US$ in 2019, according to a new study.
This report focuses on the Heavy Commercial Vehicles Lighting in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Koito
Valeo
Hella
Magneti Marelli
ZKW Group
Lumax Industries
Varroc
TYC
Xingyu

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Xenon Lights
Halogen Lights
LED
Other

Market Segment by Applications, can be divided into
Front Light
Rear Combination Light
Fog Lights
Interior Lighting
Others

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Heavy Commercial Vehicles Lighting product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Heavy Commercial Vehicles Lighting, with price, sales, revenue and global market share of Heavy Commercial Vehicles Lighting in 2017 and 2018.
Chapter 3, the Heavy Commercial Vehicles Lighting competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Heavy Commercial Vehicles Lighting breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Heavy Commercial Vehicles Lighting market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Heavy Commercial Vehicles Lighting sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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