Report overview
The lighting system of heavy commercial vehicles consists of lighting and signaling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle. This lights the roadway for the driver and increases the visibility of the vehicle, allowing other drivers and pedestrians to see a vehicle's presence, position, size, direction of travel, and the driver's intentions regarding direction and speed of travel. Emergency vehicles usually carry distinctive lighting equipment to warn drivers and indicate priority of movement in traffic.
This report aims to provide a comprehensive presentation of the global market for Heavy Commercial Vehicles Lighting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heavy Commercial Vehicles Lighting. This report contains market size and forecasts of Heavy Commercial Vehicles Lighting in global, including the following market information:
Global Heavy Commercial Vehicles Lighting Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Heavy Commercial Vehicles Lighting Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Heavy Commercial Vehicles Lighting companies in 2022 (%)
The global Heavy Commercial Vehicles Lighting market was valued at US$ 772.6 million in 2022 and is projected to reach US$ 1037.9 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Heavy Commercial Vehicles Lighting main players are Koito, Valeo, Hella, Magneti Marelli, etc. Global top four manufacturers hold a share nearly 60%. China is the largest market, with a share over 40%.
We surveyed the Heavy Commercial Vehicles Lighting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Heavy Commercial Vehicles Lighting Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heavy Commercial Vehicles Lighting Market Segment Percentages, by Type, 2022 (%)
Xenon Lights
Halogen Lights
LED
Global Heavy Commercial Vehicles Lighting Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heavy Commercial Vehicles Lighting Market Segment Percentages, by Application, 2022 (%)
Front Light
Rear Combination Light
Fog Lights
Interior Lighting
Others
Global Heavy Commercial Vehicles Lighting Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heavy Commercial Vehicles Lighting Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Heavy Commercial Vehicles Lighting revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Heavy Commercial Vehicles Lighting revenues share in global market, 2022 (%)
Key companies Heavy Commercial Vehicles Lighting sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Heavy Commercial Vehicles Lighting sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Koito
Valeo
Hella
Magneti Marelli
ZKW Group
Lumax Industries
Varroc
TYC
Xingyu
Outline of Major Chapters:
Chapter 1: Introduces the definition of Heavy Commercial Vehicles Lighting, market overview.
Chapter 2: Global Heavy Commercial Vehicles Lighting market size in revenue and volume.
Chapter 3: Detailed analysis of Heavy Commercial Vehicles Lighting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Heavy Commercial Vehicles Lighting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Heavy Commercial Vehicles Lighting capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
