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Global Automotive Off-road Lighting Market 2019-2023 - Product Image

Global Automotive Off-road Lighting Market 2019-2023

  • ID: 4787729
  • Report
  • Region: Global
  • 110 pages
  • TechNavio
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FEATURED COMPANIES

  • AnzoUSA
  • Grote Industries LLC
  • KC HiLiTES Inc.
  • Truck-Lite Co. LLC
  • Valeo SA
  • MORE
Global Automotive Off-road Lighting Market: About this market

Automotive off-road lights improve driver visibility by illuminating the path. The automotive off-road lighting market analysis considers the demand for off-road lights from end users such as aftermarket and OEM. Our analysis also considers the growth of the market in APAC, Europe, MEA, North America, and South America. In 2018, the aftermarket segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the limitations on the installation of off-road lights by OEMs will play a significant role in the aftermarket segment to maintain its market position. Also, our global automotive off-road lighting market looks at factors such as rising preference for durable and energy-efficient off-road lighting, increasing recreational and adventure sports activities, and the growing demand for SUVs and pickup trucks. However, high power consumption adversely affecting battery performance of vehicles, legal limitations on the use of off-road vehicles, and regulations restricting the use of off-road lights may hamper the growth of the automotive off-road lighting industry.

Market Overview

Growing demand for SUVs and pickup trucks

The growing popularity of SUVs has considerably reduced the market share of hatchbacks and sedans. This has led to the discontinuation of several sedan models by some of the leading market players. Countries across APAC and Europe are witnessing a rise in the demand for SUVs compared to other types of passenger cars. SUVs and pickup trucks are road-legal and possess off-roading capabilities. Most of these vehicles come equipped with factory fitted off-road lighting. The growing demand for SUVs and pickup trucks will benefit the OEM segment and drive the growth of the global automotive off-road lighting market size at a CAGR of almost 9% during 2019-2023.

Introduction of electric off-road vehicles

One of the recent trends in the automotive off-road lighting market is the advent of electric off-road vehicles. Many ATV manufacturers are shifting their focus toward the development of environment-friendly off-road vehicles to reduce their carbon footprint. The adoption of electric-off road vehicles will increase the demand for energy efficient components, including lighting systems. This development is expected to have a positive impact on the growth of the global automotive active off-road lighting market size.

Competitive Landscape

With the presence of several players, the global automotive off-road lighting market is fairly fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several automotive lighting manufacturers, that include AnzoUSA, Grote Industries LLC, KC HiLiTES Inc., Truck-Lite Co. LLC, and Valeo SA are some of the major companies covered in this report.

Also, the automotive off-road lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AnzoUSA
  • Grote Industries LLC
  • KC HiLiTES Inc.
  • Truck-Lite Co. LLC
  • Valeo SA
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY END-USER
  • Market segmentation by end-user
  • Comparison by end-user
  • Aftermarket - Market size and forecast 2018-2023
  • OEM - Market size and forecast 2018-2023
  • Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Development of laser-based lightings for off-road vehicles
  • Introduction of electric off-road racing vehicles
  • Innovation in automotive lighting
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • AnzoUSA
  • Grote Industries LLC
  • KC HiLiTES Inc.
  • Truck-Lite Co. LLC
  • Valeo SA
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
PART 15: EXPLORE

List of Exhibits
Exhibit 01: Global automotive electronics market
Exhibit 02: Segments of global automotive electronics market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: End-user - Market share 2018-2023 (%)
Exhibit 18: Comparison by end-user
Exhibit 19: Aftermarket - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Aftermarket - Year-over-year growth 2019-2023 (%)
Exhibit 21: OEM - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: OEM - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by end-user
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: North America - Year-over-year growth 2019-2023 (%)
Exhibit 29: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 31: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 33: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: South America - Year-over-year growth 2019-2023 (%)
Exhibit 35: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: AnzoUSA - Vendor overview
Exhibit 46: AnzoUSA - Product segments
Exhibit 47: AnzoUSA - Key offerings
Exhibit 48: Grote Industries LLC - Vendor overview
Exhibit 49: Grote Industries LLC - Product segments
Exhibit 50: Grote Industries LLC - Organizational developments
Exhibit 51: Grote Industries LLC - Key offerings
Exhibit 52: KC HiLiTES Inc. - Vendor overview
Exhibit 53: KC HiLiTES Inc. - Product segments
Exhibit 54: KC HiLiTES Inc. - Key offerings
Exhibit 55: Truck-Lite Co. LLC - Vendor overview
Exhibit 56: Truck-Lite Co. LLC - Product segments
Exhibit 57: Truck-Lite Co. LLC - Organizational developments
Exhibit 58: Truck-Lite Co. LLC - Key offerings
Exhibit 59: Valeo SA - Vendor overview
Exhibit 60: Valeo SA - Business segments
Exhibit 61: Valeo SA - Organizational developments
Exhibit 62: Valeo SA - Geographic focus
Exhibit 63: Valeo SA - Segment focus
Exhibit 64: Valeo SA - Key offerings
Exhibit 65: Validation techniques employed for market sizing
Exhibit 66: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AnzoUSA
  • Grote Industries LLC
  • KC HiLiTES Inc.
  • Truck-Lite Co. LLC
  • Valeo SA
  • MORE
The following companies are recognised as the key players in the global automotive off-road lighting market: AnzoUSA, Grote Industries LLC, KC HiLiTES Inc., Truck-Lite Co. LLC, and Valeo SA.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the introduction of electric off-road racing vehicles.”

According to the report, one of the major drivers for this market is the growing demand for SUVs and pickup trucks.

Further, the report states that one of the major factors hindering the growth of this market is the high-power consumption adversely affecting battery performance of vehicles.

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.
Note: Product cover images may vary from those shown
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  • AnzoUSA
  • Grote Industries LLC
  • KC HiLiTES Inc.
  • Truck-Lite Co. LLC
  • Valeo SA
Note: Product cover images may vary from those shown
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