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(Transportation-News.com, July 16, 2018 ) Automotive light-emitting diode (LED) lighting is a type of automotive lighting technology. In this technology, LED, a two-lead semiconductor light source, that emits light when activated is used.
Publisher's analysts forecast the Global Automotive LED Lighting Market to grow at a CAGR of 20.93% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Automotive LED Lighting market. To calculate the market size, the report considers the revenue generated from the sales of Automotive LED Lighting.
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the growing popularity of ambient lighting in automotive market to be one of the major factors driving market growth. During the night time, the appearance of the cabin is improved with the help of ambient lighting. Ambient lighting provides modish atmosphere inside automobiles. Initially this concept was introduced in luxury vehicles but later it is adopted by mid-size and entry-level models. To enhance the aesthetic appeal in the modern vehicles, these lights are being increasingly adopted. Low-energy consumption and compact size of LEDs are increasing their preference among customers. Moreover, the use of LEDs in cup holders, door panels, and map pockets are significantly increasing.
Key vendors
- HELLA
- KOITO MANUFACTURING
- OSRAM
- Magneti Marelli
- Valeo
- Varroc Group
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Market driver
-Growing popularity of ambient lighting in automotive market
Market challenge
-Increased distraction caused due to shift in interior coloured lights
Market trend
-Growing popularity of adaptive lighting systems
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
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