Among the application type segments, the exterior segment is expected to account for largest revenue share of US$ 3,215.4 Mn in 2017, and is expected to continue its dominance during the forecast period. The interior segment is expected to register a lucrative CAGR in next ten years.
Among the car type segments, the passenger cars segment is expected to account for largest revenue share US$ 2,525.6 Mn in 2017, and is expected to continue its dominance during the forecast period, while the commercial cars segment is expected to register a lucrative CAGR in next ten years.
The automotive LED lighting market in Asia Pacific is estimated to account for major revenue share of US$ 1,224.6 Mn in 2017, and is expected to register a lucrative CAGR in next ten years, owing to growing automotive production and presence of prominent players in countries in the region. The Europe market is expected to register second-highest CAGR during the forecast period.
Key Players operating in the global automotive LED lighting market include HELLA GmbH & Co. KGaA, Magneti Marelli S.p.A., Valeo SA., Koito Manufacturing Co. Ltd., Lumberg Holding GmbH & Co. KG, Stanley Electric Co., Ltd., Philips Lighting NV, Osram Licht AG, Toyoda Gosei Co., Ltd., and Neolite ZKW Lightings Pvt. Ltd.
