MRRSE has announced the addition of the “Automotive Lighting System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021” report to their offering.

1. Automotive Lighting System Market Overviews and Complete
Forecast Report For 2021
Report Description
The automotive sector is one of the booming sectors
currently, and is expected to witness significant growth
during the forecast period. The automotive sector is presently

2. more inclined towards customer safety and comfort, as well
as improved performance The growth of the automobile
sector is driving the market of automotive lighting systems.
In addition, increasing demand for advanced automotive
lighting technologies is set to bolster the growth of the
automotive lighting system market across the globe during
the forecast period from 2015 to 2021.
The use of standard automotive lamps, which consume high
energy, has largely been reduced. Therefore, the automotive
lighting system manufacturers have focused on the
development of advanced lighting technologies that are highly
efficient and consume less energy. Lighting technologies such
as LED, HID/Xenon and halogen have positively affected the

3. growth of the automotive lighting system market. The
advanced lighting technologies produces more than double
the amount of light as compared to standard lamps and are
superior in all aspects to that of its counterpart.
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Increasing purchasing power of the consumers is also driving
the market for automotive lighting system. In addition, the
increasing vehicle production in all regions of the world is
also influencing the demand for the automotive lighting
technologies. Sophisticated lighting technologies such as the
advanced front lighting system (AFS) and daytime running

4. lights are becoming largely popular in the automotive
lighting system market. The major concern of the industry is
the huge capital that is required for research and
development of lighting technologies, which increases the
price of the advanced lighting products considerably.
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Major market participants profiled in this report include
Koninklijke Philips N.V. (Netherlands), Hyundai Mobis (South
Korea), General Electric (U.S.), Valeo S.A. (France), Osram
Licht AG (Germany), Stanley Electrics Co. Ltd. (Japan),

5. Magneti Marelli S.p.A. (Italy) and Hella KGaA Hueck & Co.
(Germany).
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