Taillights are red lights mounted at the rear end of the vehicle. Taillights are an integral component of the vehicle, as they indicate its presence to vehicles behind it. They play a vital role in preventing backend collisions. LED taillights consume less amount of energy and have a longer life than that of conventional taillights.
Europe comprise of large number of premium and luxury vehicles, as well as the demand for vehicle enrichment accessories and energy effective accessories is high across the region, therefore Europe holds a prominent share of the global automotive LED tail lights market. China, which accounts for a significantly higher number of electric vehicles and this number is increasing exponentially, is expected to witness a surge demand for LED taillights.
In 2019, the market size of Automotive LED Tail Lights is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automotive LED Tail Lights.
This report studies the global market size of Automotive LED Tail Lights, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Automotive LED Tail Lights production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Osram
Infineon Technologies
The Morey Corporation
Lambert Enterprises
Koninklijke Philips
Hella
Hilux Autoelectric
Stanley
Lumotech
Peterson Manufacturing
Guangzhou AKD Automotive Accessories
Market Segment by Product Type
LED
OLED
Market Segment by Application
Passenger Cars
Commercial Vehicles
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Automotive LED Tail Lights status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Automotive LED Tail Lights manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Automotive LED Tail Lights are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on AutomotiveLEDTailLights. Industry analysis & Market Report on AutomotiveLEDTailLights is a syndicated market report, published as Global (United States, European Union and China) Automotive LED Tail Lights Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of AutomotiveLEDTailLights market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.