automotive led lighting market in americas 2015-2019
TRANSCRIPT
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Automotive LED Lighting Market in Americas 2015-2019
• The report discusses the following in-depth:
• Market Segmentation by Product
• Market Segmentation by Nature of Transaction
• Demographic Segmentation
• Service Segmentation
• Business Segmentation by Revenue
• Geographical Segmentation by Revenue
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Key Trends
TechNavio’s Senior Analyst says, “The Automotive LED Lighting market in the Americas is driven by several factors, including the staggering uptake of LED lighting. Despite the fact that LEDs are more expensive, they give a better quality and intensity of light, and are more flexible. The need for improvement in visual conditions is also driving the adoption of LED lighting in vehicles. ”
• LED lighting, also known as solid-state lighting, is a semiconductor-based lighting technology. LED lights comprise lighting and signaling devices that are mounted on or integrated in the exterior or interior of a vehicle. A lighting system provides vehicle safety and road illumination. It can also display information about the vehicle's presence, position, speed, size, and direction of travel to oncoming vehicles.
• The Automotive LED Lighting market in the Americas is expected to grow at a CAGR of 25.26 percent during the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Enabling technologies and the roadmap
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge and trend is available
in our report:Automotive LED Lighting Market in Americas 2015-2019
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Vendors
For a full list of vendors view our report:
Automotive LED Lighting Market in Americas 2015-2019
Hella KGaA Hueck & Co.
Koito Manufacturing Co. Ltd.
Magneti Marelli SpA
Hella was established in 1899 and is headquartered in Lippstadt, Germany. It is a company that designs, creates and sells lighting technology, systems, and electronic components for the Automotive industry globally.
Koito Manufacturing focuses on the manufacturing and sale of electrical equipment, aircraft parts, automotive lighting equipment, and other products. The company operates through its three product segments: Automotive Lighting and Accessories; Aircraft Lighting and Other Equipment; and Other Products.
Magneti Marelli was founded in 1919 and is headquartered in Corbetta, Lombardy, Italy. The company is a supplier of automotive parts. Its business segments include Automotive Lighting, Powertrain, Electronic Systems, Suspension Systems, Exhaust Systems, Plastic Component and Modules, After Market Parts and Services, and Motorsport.
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Market Landscape
• An LED is a semiconductor light source used for purposes such as general lighting, backlighting, mobile lighting, signage lighting, automotive lighting, and other lighting.
• LED lighting is used for several application in segments such as Residential, Office, Retail, Hospitality, Industrial, Outdoor, and Architectural.
• LEDs are highly efficient and moderately priced, which can address key issues such as energy crises, resource scarcity, and climate change.
• Thus, the use of LED lighting enhances safety in cities and productivity in offices.
• Lighting consumes approximately 20 percent of all the power in the world, and by using LED lighting people can save, on average, up to 40 percent of energy use every year.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service Support
Parameters Details
Delivery Network Availability of the product in the market within the stipulated time
Life Cycle CostsA serviceable product with short-lived or less reliable components may be less expensive to operate over its useful life than a more expensive product with a well-matched component lifespan
Price Must be financially feasible
Power Consumption With increased focus on using energy-efficient lighting, advanced technologies must offer lower energy consumption, higher light output, and a longer lifespan
Product Portfolio Availability of different varieties
Reliability Reliability, the rate of random failure during the useful life phase, is the dominant issue in all buying decisions
ServiceabilityThe ability of the product to be repaired by regular maintenance personnel, through the replacement of a subsystem or one or more associated components
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Automotive LED Lighting Market in Americas 2015-2019
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