LED Linear for Automotive Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

LED Linear for Automotive Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Machines

Report Description

LED linear is the light emitting diode light that is assembled in a system, tube, or lamp along with lighting fixtures of different dimensions and specifications. LED lights have a long working life and offer better electricity efficiency. They are better to use compared to fluorescent lamps or traditional lights. LED linear provide light with excellent brightness without any need of time to warm up. They are equipped with electrical circuit to convert the alternate current in the low voltage direct current that is used on the LED lights. Furthermore, these lighting solutions are able to work in high temperature conditions both in interior and exterior environments.

Currently, the automobile industry is focusing more on LED lights. In vehicles, LED linear is used for decorative purposes and for better vision during the night as well as during fog. It is also used for break application. LED linear is mostly used on spoilers, in regular head lamps, and in indicators. Important application of LED linear in heavy commercial vehicle for better visibility during night as well as for safety purpose. LED linear contains lead and arsenic material which is harmful to the environment as well as for humans. These factors may hamper the growth of LED linear during the forecast period.

LED linear for the automotive market can be segmented based on power, application, types of vehicles, and region.

Based on power, the market can be divided into: 4.5 watt and 10 watt. Heavy commercial vehicles travel during nights for goods transportation for better vision 10watt LED linear is use in heavy commercial vehicle. In passenger vehicle LED linear is used for better vision and for decorative purpose .Increasing demand of passenger vehicle for upcoming forecast period would increase the demand of LED linear.

Based on application, LED linear for automotive market can be classified into decorative purpose, safety purpose, and for clear night vision. Most LED linear are used for safety purposes in heavy commercial vehicles to avoid collision and for better night vision. Heavy commercial vehicles usually travel during nights. Passenger vehicles al use LED linear.

Based on geography, LED linear for automotive market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific accounts for major share of the global LED linear for automotive market, owing to the high adoption rate of LED linear and the booming automotive sector, leading to increased production of vehicles with LED linear. Asia pacific is estimated to be the largest consumer of automotive lighting in the world. India, China, Japan, and South Korea are the main contributors to the automotive lighting market in the region. Several automotive companies are expanding their facilities in Asia Pacific due to the increasing sales of premium vehicles, low manufacturing costs, and favorable government policies. North America is estimated to be the second largest market for automotive lighting, owing to the increasing demand for advanced technology.

Some of the key players in the global LED linear for automotive market are Britax Automotive Equipment, Super Bright LEDs Inc., Hella, Inc., Valeo, Stanley Electric Co., Ltd., and Infineon Technologies AG.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market       

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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