Global Heavy Duty Turk Vehicles Lighting Market Professional Survey Report 2019
The lighting system 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.
On the basis of technology, the 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 global Heavy Duty Turk Vehicles Lighting market was valued at 19700 million US$ in 2018 and will reach 28000 million US$ by the end of 2025, growing at a CAGR of 4.5% during 2019-2025.
This report focuses on Heavy Duty Turk Vehicles Lighting volume and value at global level, regional level and company level. From a global perspective, this report represents overall Heavy Duty Turk Vehicles Lighting market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Heavy Duty Turk Vehicles Lighting in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Heavy Duty Turk Vehicles Lighting manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Magneti Marelli (Italy)
ZKW Group (Austria)
Lumax Industries (India)
Segment by Regions
Segment by Type
Segment by Application
Rear Combination Light
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.