Global Automotive Light Source Modules for Spot Lamps Market is expected to grow at a CAGR of 4% throughout the forecast period, to reach US$ 45.42 Bn. by 2026.Global Automotive Light Source Modules for Spot Lamps Market Overview
Spot lamps emit a directed laser, allowing the driver to see farther down the road. Spot lamps are not meant to be used alone as a source of light; rather, they are meant to be used in combination with other sources of light. It is made up of a light source and a lens. The lens has been angled to provide a highly directional light beam. Many countries make it illegal to install an automotive light source module for a spot lamp on a vehicle. These lamps are often used in defense vans, ambulances, and other emergency equipment. In public, it is used as a set of auxiliary lights, but only in its non-adjustable shape. Thus, the market of automotive light source modules for spot lamps is expected to grow due to the increase in demand for spot lamps from manufactures as spot lamps consume low power and give high efficiency. The report also covers the detailed analysis of the global automotive light source module for the spot lamps industry with the classifications of the market based on type, sales channel and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.To know about the Research Methodology :- Request Free Sample Report
Global Automotive Light Source Modules for Spot Lamps Market Dynamics
Spot lamp light source modules market is being led by an increase in demand for protection. At night, spot lamps aid in obtaining a clear vision of distant objects. Countries with stronger populations are most likely to invest in emergency vehicles. Light source modules for spotlights are commonly used in emergency vehicles. The automotive light source module for spot lamps is also being driven by rising demand for high-end SUVs including Range Rovers. Automotive light source modules for spot lamps are common with style-conscious buyers who want to improve the appearance of their vehicles. Similarly, the focus of companies on developing cost-effective bi-xenon and bi-LED spot lamps is increasing to enhance the projection, which is expected to drive the growth of the automotive spot lamp light source modules market during the forecast period. The growth of the automotive spot lamp light source modules is expected to hamper due to fluctuations in the cost of raw materials, a slump in automotive production and sales, and regulations in the automotive spot lamp light source modules industry over the forecast period.Global Automotive Light Source Modules for Spot Lamps Market Segmentation Analysis
By Type, the LED segment is expected to dominate the daytime running lights market globally because of the shift in consumer preference from standard lights to LED (Light Emitting Diode) and HID (High-Intensity Discharge) lights. During the prediction time, the LED light is energy-efficient, long-lasting, and has styling features that create opportunities for effective spot lamps light source modules. Furthermore, halogen spot lamps are widely used because of their cost efficiency and the increased popularity of bi-xenon and bi-conducted spotlights.By Sales Channel, the aftermarket segment accounted for the largest market share in 2019 and is expected to account for the largest global automotive light source module for the spot lamps market share during the forecast period. The presence of a well-organized aftermarket industry in emerging countries, as well as the high penetration of automobiles with improved mileage, is expected to fuel the aftermarket sales of automotive light source modules for the spot lamps. Because of socio-economic advancement, there is a growing preference for aftermarket goods in emerging and developed economies, which is expected to drive the growth of this market segment. North America dominates the global automotive light source module for the spot lamps segment. In 2010, Xicato Inc. of California was the first company to produce LED spot modules. Other North American firms, such as Texas Instruments, are major players in the global market for automotive light source modules for spot lamps. Samsung, a major player in the global automotive light source module for spot lamps market, is headquartered in Japan and has a sizable market share. Because of their advanced technology, Europe and developing countries in the Asia Pacific, such as China, have a lucrative demand for automotive light source modules for spot lamps.
Global Automotive Light Source Modules for Spot Lamps Market Scope: Inquire before buying
Global Automotive Light Source Modules for Spot Lamps Market by Region
• North America • Asia pacific • Europe • Middle East and Africa • South AmericaGlobal Automotive Light Source Modules for Spot Lamps Market Key Players
• LG Innotek • Xicato Inc • PIAA Corporation • Samsung Electronics Co., Ltd • OSRAM Licht AG • Intel Corporation • Bosch Limited • ROHM Semiconductor • Fleet safety, INC • Texas Instruments Inc • Hella • KOITO • Magneti Marelli • OSRAM • Valeo
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Automotive Light Source Modules for Spot Lamps Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Automotive Light Source Modules for Spot Lamps Market 3.4. Geographical Snapshot of the Automotive Light Source Modules for Spot Lamps Market, By Manufacturer share 4. Global Automotive Light Source Modules for Spot Lamps Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Automotive Light Source Modules for Spot Lamps Market 5. Supply Side and Demand Side Indicators 6. Global Automotive Light Source Modules for Spot Lamps Market Analysis and Forecast, 2019-2026 6.1. Global Automotive Light Source Modules for Spot Lamps Market Size & Y-o-Y Growth Analysis. 7. Global Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 7.1.1. Halogen 7.1.2. LED 7.1.3. LASER 7.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 7.2.1. OEM 7.2.2. Aftermarket 8. Global Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 9.1.1. Halogen 9.1.2. LED 9.1.3. LASER 9.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 9.2.1. OEM 9.2.2. Aftermarket 10. North America Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 12. Canada Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 13. Mexico Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 14. Europe Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 15. Europe Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 17. France Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 18. Germany Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 19. Italy Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 20. Spain Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 21. Sweden Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 22. CIS Countries Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 23. Rest of Europe Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 24. Asia Pacific Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 25. Asia Pacific Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 27. India Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 28. Japan Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 29. South Korea Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 30. Australia Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 31. ASEAN Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 32. Rest of Asia Pacific Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 33. Middle East Africa Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 34. Middle East Africa Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 36. GCC Countries Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 37. Egypt Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 38. Nigeria Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 39. Rest of ME&A Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 40. South America Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 41. South America Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 43. Argentina Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 44. Rest of South America Automotive Light Source Modules for Spot Lamps Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Automotive Light Source Modules for Spot Lamps Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. Intel Corporation 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. LG Innotek 45.5. Xicato Inc 45.6. PIAA Corporation 45.7. Samsung Electronics Co., Ltd 45.8. OSRAM Licht AG 45.9. Intel Corporation 45.10. Bosch Limited 45.11. ROHM Semiconductor 45.12. Fleet safety, INC 45.13. Texas Instruments Inc 45.14. Hella 45.15. KOITO 45.16. Magneti Marelli 45.17. OSRAM 45.18. Valeo 46. Primary Key Insights