LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive off-road lighting market and it is poised to grow by USD 4.7 billion during 2019-2023, progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AnzoUSA, Grote Industries LLC, KC HiLiTES Inc., Truck-Lite Co. LLC, and Valeo SA are some of the major market participants. The demand for SUVs will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Demand for SUVs has been instrumental in driving the growth of the market.
Automotive Off-road Lighting Market 2019-2023: Segmentation
Automotive off-road lighting market is segmented as below:
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End-user
- Aftermarket Off-road Lights
- OEM Off-road Lights
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Automotive Off-road Lighting Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive off-road lighting market report covers the following areas:
- Automotive Off-road Lighting Market Size
- Automotive Off-road Lighting Market Trends
- Automotive Off-road Lighting Market Industry Analysis
This study identifies development of laser-based lighting for off-road vehicles as one of the prime reasons driving the automotive off-road lighting market growth during the next few years.
Automotive Off-road Lighting Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the automotive off-road lighting market, including some of the vendors such as AnzoUSA, Grote Industries LLC, KC HiLiTES Inc., Truck-Lite Co. LLC, and Valeo SA. Backed with competitive intelligence and benchmarking, our research reports on the automotive off-road lighting market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Automotive Off-road Lighting Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist automotive off-road lighting market growth during the next five years
- Estimation of the automotive off-road lighting market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive off-road lighting market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive off-road lighting market vendors
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Aftermarket - Market size and forecast 2018-2023
- OEM - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Development of laser-based lightings for off-road vehicles
- Introduction of electric off-road racing vehicles
- Innovation in automotive lighting
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- AnzoUSA
- Grote Industries LLC
- KC HiLiTES Inc.
- Truck-Lite Co. LLC
- Valeo SA
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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