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Global Commercial Vehicles LED Bar Lights Market 2017-2021

Global Commercial Vehicles LED Bar Lights Market 2017-2021

About Commercial Vehicles LED Bar Lights

Automotive LED bar lights are used in the vehicles as a purpose of alerting the other vehicles and pedestrians walking on the roads about their location and position. LED technology is now being used in bar lights as a means to increase the overall safety of the vehicles and other unprotected road users. In commercial vehicles, the adoption of LED light bars makes more sense as the commercial vehicles are usually larger in shape and size, thereby, making them more vulnerable to on-road collisions.

Technavio’s analysts forecast the global commercial vehicles led bar lights market to grow at a CAGR of 31.54% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial vehicles led bar lights market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Commercial Vehicles LED Bar Lights Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Federal-Mogul
  • Hella
  • Magneti Marelli
  • OSRAM
  • Valeo
Other prominent vendors
  • Lazer Lamps
  • Kuda UK
  • PIAA Corporation
  • Westin Automotive
  • NEOLITE
  • SL Corporation
  • Stanley
  • Varroc Group
Market driver
  • Commercial vehicle rear lighting system improves on-road visibility: Increased safety
  • For a full, detailed list, view our report
Market challenge
  • Overheating issues and shorter lifespan: Reliability issues
  • For a full, detailed list, view our report
Market trend
  • Computer-designed reflector design and modular housing
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Commercial Vehicles LED Bar Lights Market 2017-2021

Technavio recognizes the following companies as the key players in the global commercial vehicles led bar lights market: Federal-Mogul, Hella, Magneti Marelli, OSRAM, and Valeo.

Other Prominent Vendors in the market are: Lazer Lamps, Kuda UK, PIAA Corporation, Westin Automotive, NEOLITE, SL Corporation, Stanley, and Varroc Group.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is computer-designed reflector design and modular housing. The global commercial vehicle lighting market is witnessing the development of new manufacturing processes and technologies, which are making the advanced lighting systems more powerful and sophisticated. The optimum use of computer technology is not only aiding in making the LED lighting more efficient for automotive applications but also improving the safety coefficient associated with its use.”

According to the report, one driver in the market is commercial vehicle rear lighting system improves on-road visibility: Increased safety. The commercial vehicle lighting market is experiencing continuous improvements. The commercial vehicle market is witnessing varying dynamics across the globe. For instance, the saturated demand and strict emission norms are some of the macro and micro factors that are negatively affecting the CV market in triad countries; whereas, emerging markets like China and India have been experiencing growth in the CV market due to increasing investment in infrastructure, economic expansion, and increasing transport volumes.

Further, the report states that one challenge in the market is overheating issues and shorter lifespan: Reliability issues. The automotive LED lighting system comes with numerous functions and features, which make it an optimum fit for automotive applications as compared to halogen headlamps. These LED lights provide better illumination and more illumination area as compared to the conventional lighting systems used in automobiles. Therefore, they result in improved visibility for the driver and the other road users resulting in enhanced safety while driving.

Companies Mentioned

Federal-Mogul, Hella, Magneti Marelli, OSRAM, Valeo, Lazer Lamps, Kuda UK, PIAA Corporation, Westin Automotive, NEOLITE, SL Corporation, Stanley, and Varroc Group.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global commercial vehicle market 2016-2021 (units in millions)
  • Market landscape
    • Market overview
      • Table Global CV lighting system market 2016-2021 ($ billions)
      • Table Segmentation of global commercial vehicles LED bar lights market 2016-2021
    • Market size and forecast
      • Table Global commercial vehicles LED bar lights market 2016-2021 ($ billion)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global commercial vehicles LED bar lights market segmentation by end-user ($billions)
      • Table Global commercial vehicles LED bar lights market 2016 and 2021 (% share)
    • Global commercial vehicles OEM-fitted LED bar lights market 2016-2021
      • Table Global commercial vehicles OEM-fitted LED bar lights market 2016-2021 ($ billions)
    • Global commercial vehicles LED bar lights market 2016-2021: Aftermarket
      • Table Global commercial vehicles LED bar lights market 2016-2021: Aftermarket ($billions)
  • Geographic segmentation
    • Market overview
      • Table Global commercial vehicles LED bar lights market segmentation by geography2016-2021 ($ billions)
      • Table Global commercial vehicles LED bar lights market 2016 and 2021: Geographicsegmentation
    • Commercial vehicles LED bar lights market 2016- 2021: Americas
      • Table Commercial vehicles LED bar lights market in Americas 2016-2021 ($ billions)
    • Commercial vehicles LED bar lights market 2016- 2021: EMEA
      • Table Commercial vehicles LED bar lights market in EMEA 2016-2021 ($ billions)
    • Commercial vehicles LED bar lights market 2016- 2021: APAC
      • Table Commercial vehicles LED bar lights market in APAC 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Other major regulations on CV lighting systems
    • Market challenges
  • Market trends
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors (present and potential)
  • Key vendor analysis
    • Federal-Mogul
      • Table Lighting product segmentation
    • Hella
      • Table Hella: Automotive lighting product portfolio
      • Table Hella: Recent developments
    • Magneti Marelli
      • Table Magneti Marelli: Automotive lighting product portfolio
    • OSRAM
    • Valeo
      • Table Valeo: Business segmentation
      • Table Valeo: Automotive lighting product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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