Global Commercial Vehicle Lighting System Market 2017-2021

  • ID: 4328332
  • Report
  • Region: Global
  • 77 pages
  • TechNavio
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FEATURED COMPANIES

  • Federal-Mogul
  • HELLA
  • Magneti Marelli
  • NEOLITE
  • OSRAM
  • SL Corporation
  • MORE
About Commercial Vehicle (CV) Lighting System

Lighting in automobiles is considered a crucial system as it provides safety and convenience while driving. In modern vehicles, it is also an important styling feature. The automotive lighting system includes lighting and signaling lights located on the front, sides, and rear of a vehicle. CVs, including light CVs (LCVs) and medium- and heavy-duty CVs (M&HCVs), use a wide range of lights for various functions.

Headlamps that have low beam and high beam functions are mainly available in halogen and LED lights. The other widely used lights are reflectors, tail lamps, brake lights, side and turn indication lights, safety brake light or center mounted stop lamp, cornering lights, front side lights or parking lights, daytime running lamps (DRL), fog lights, reverse signal light, license plate light, clearance lights, and side marker lights. Currently, all these lighting units use LED lights that are smaller, consume less energy, and are versatile.

The analysts forecast the global commercial vehicle (CV) lighting system market to grow at a CAGR of 6.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial vehicle (CV) lighting system market for 2017-2021. To calculate the market size, the report considers the revenue based on the CV exterior lighting systems and exclude calculation based on interior lightings.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Commercial Vehicle (CV) Lighting System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Federal-Mogul
  • HELLA
  • Magneti Marelli
  • OSRAM
  • Valeo
Other prominent vendors
  • NEOLITE
  • SL Corporation
  • STANLEY ELECTRIC Co.
  • Varroc Group
Market drivers
  • Rise of emerging markets to drive growth in adoption of CV lighting systems in these markets
  • For a full, detailed list, view the full report
Market challenges
  • High cost of raw materials
  • For a full, detailed list, view the full report
Market trends
  • Adaptive front lighting systems
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • Federal-Mogul
  • HELLA
  • Magneti Marelli
  • NEOLITE
  • OSRAM
  • SL Corporation
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • CV lighting system
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by lighting technology
  • Market overview
  • Global CV lighting system market by lighting technology
PART 07: Geographical segmentation
  • Market overview
  • CV lighting market in Americas
  • CV lighting market in APAC
  • CV lighting system market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Adaptive front lighting systems
  • Introduction of laser and OLED lights
  • Development of thermal imaging cameras to make night time riding safe
PART 11: Vendor landscape
  • Competitive benchmarking
  • Other prominent vendors
PART 12: Key vendor analysis
  • Federal-Mogul
  • HELLA
  • Magneti Marelli
  • OSRAM
  • Valeo
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Evolution of automotive headlamp technologies
Exhibit 02: Headlight technology comparison
Exhibit 03: Global CV market 2016-2021 (unit sales in millions)
Exhibit 04: Global CV lighting system market
Exhibit 05: Global CV lighting system market 2016-2021 ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Global CV lighting system market by lighting technology 2016 (% share)
Exhibit 08: Global CV lighting system market by lighting technology 2021 (% share)
Exhibit 09: Global CV lighting system market by halogen lighting technology 2016-2021 ($ billions)
Exhibit 10: Global CV lighting system market by LED lighting technology 2016-2021 ($ billions)
Exhibit 11: Global CV lighting system market by xenon lighting technology 2016-2021 ($ billions)
Exhibit 12: Global CV lighting system market by geography 2016
Exhibit 13: Global CV lighting system market by geography 2021
Exhibit 14: CV lighting system market in Americas 2016-2021 ($ billions)
Exhibit 15: CV lighting system market in APAC 2016-2021 ($ billions)
Exhibit 16: CV lighting system market in EMEA 2016-2021 ($ billions)
Exhibit 17: Other major regulations on CV lighting systems
Exhibit 18: Benchmarking of players in global CV lighting system market
Exhibit 19: Federal-Mogul: Lighting product segmentation
Exhibit 20: HELLA in automotive lighting market
Exhibit 21: HELLA: Automotive lighting product portfolio
Exhibit 22: Magneti Marelli in automotive market
Exhibit 23: Magneti Marelli: Automotive lighting product portfolio
Exhibit 24: Valeo: Product portfolio
Exhibit 25: Valeo: Automotive lighting product portfolio
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FEATURED COMPANIES

  • Federal-Mogul
  • HELLA
  • Magneti Marelli
  • NEOLITE
  • OSRAM
  • SL Corporation
  • MORE
New Report Released: - Global Commercial Vehicle (CV) Lighting System Market 2017-2021

The author of the report recognizes the following companies as the key players in the global commercial vehicle (CV) lighting system market: Federal-Mogul, HELLA, Magneti Marelli, OSRAM, and Valeo.

Other Prominent Vendors in the market are: NEOLITE, SL Corporation, STANLEY ELECTRIC Co., and Varroc Group.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is adaptive front lighting systems. Adaptive headlights are a dynamic safety feature tailored to make driving at night and in low-light conditions safe by increasing visibility around curves and hills. While driving around a curve or a bend in the road, standard headlights continue to light straight ahead, enlightening the side of the road and not the road in front of the driver. Adaptive headlights turn their beams conferring to the steering input so that the vehicle’s desired path is lit up.”

According to the report, one of the major drivers for this market is rise of emerging markets to drive growth in adoption of cv lighting systems in these markets. Varying market conditions, maturity in demand, and strict emission norms are some of the macro conditions affecting the CV market in triad countries. On the contrary, emerging markets such as China and India have been experiencing growth in the CV market due to increasing investments in infrastructure, economic expansion, and increasing transport volumes. For instance, the European heavy-duty truck market declined by 5% in 2015. However, the Indian heavy-duty truck market grew by 18% in 2015. These factors have encouraged global OEMs to shift their base to the emerging markets.

Further, the report states that one of the major factors hindering the growth of this market is High cost of raw materials. Rising costs of raw materials used in vehicle lighting, especially LEDs and other advanced technologies, can restrict the growth of the CV lighting system market. The raw material costs of plastic and lighting technology increased in 2016.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Federal-Mogul
  • HELLA
  • Magneti Marelli
  • OSRAM
  • Valeo
  • NEOLITE
  • SL Corporation
  • STANLEY ELECTRIC Co.
  • Varroc Group
Note: Product cover images may vary from those shown
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