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Get More Information @ http://bit.ly/2oHc1Oy <br>Increasing vehicle production and sales, technological advancement and tightened regulations regarding safety measures are the prominent driving forces for the automotive lighting market size<br>
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Global Automotive Lighting Market Size, Share, Research Report 2017 - 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
Key Insights from Automotive Lighting Market: • The raw materials used in manufacturing are glass, tungsten, molybdenum, phosphorous, silicon, niobium, polymers, tantalum and mixture of inert gases. • The major challenge before the manufacturers is to develop the cost-effective high quality lighting systems. Reducing the effect of bright light to decrease the driver distraction is another area of improvement. • Adaptive front automotive lightning market share is rapidly gaining popularity among the customers. The features include auto on/off, bending/curve lights, cornering lights, headlight leveling and high beam assist.
Continued... • The overall increase in passenger vehicles due to increase in tourism and transportation increase the demand for this segment. Also, increased used of four-wheelers for customized purpose such as food truck and mobile service van will fuel the demand in LCVs. • The regulatory bodies for the automotive lighting market include Japan Lighting Manufacturers Association, The Automotive Component Manufacturers Association of India (ACMA), The Canadian Vehicle Manufacturers’ Association and European Automobile Manufacturers’ Association (ACEA) among others. • Automotive lighting market players include Osram, MagnetiMarelli, Hella, Stanley Electric, Koito, Valeo, General Electric, KGaAHueck & co., koninklijke Philips, Ichikoh Industries Ltd., Zizalalichtsysteme GmbH, Lumax Industries, etc.
Browse Full Market Research Report On Automotive Lighting Market @ http://bit.ly/2oHc1Oy Request Detailed Table of Contents of this Report @ https://www.gminsights.com/request-sample/detail/1444https://www.gminsights.com/request-sample/detail/49
360° Analysis • Product Analysis • Fluctuating raw material cost and high R&D cost are restraining the automotive lighting market growth. The raw materials used in manufacturing are glass, tungsten, molybdenum, phosphorous, silicon, niobium, polymers, tantalum and mixture of inert gases. • Regional Analysis • APAC constitutes the largest market in terms of vehicle production and sales, this also makes it a considerable automotive lighting market. China, Japan, India, and South Korea are major countries in this region in terms of production, exports and domestic sales. • Competitive Market Share • Automotive lighting market players include Osram, MagnetiMarelli, Hella, Stanley Electric, Koito, Valeo, General Electric, KGaAHueck & co., koninklijke Philips, Ichikoh Industries Ltd., Zizalalichtsysteme GmbH, Lumax Industries, etc.
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