Market Overview:
The global automotive indicator lamp market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles, and the growing trend of LED lighting in automobiles. The global automotive indicator lamp market is segmented on the basis of type into bulbs type and LEDs type. The bulbs type segment is further sub-segmented into incandescent lamps, halogen lamps, xenon lamps, and others (including fluorescent tubes). The LEDs type segment is further sub-segmented into surface mount devices (SMDs) and chip on board (COB). On the basis of application, the global automotive indicator lamp market is divided into passenger cars and commercial vehicles. Passenger cars are further classified as hatchbacks/sedans/SUVs/minivans & MPVs; while commercial vehicles are classified as light trucks & heavy trucks. Geographically, the global automotive indicator lamp market is analyzed across North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA).
Product Definition:
An automotive indicator lamp is a type of warning light on an automobile that indicates the status of a system or subsystem. They are often called "idiot lights" because they indicate something is wrong, without necessarily telling you what it is.
Bulbs Type:
The global bulbs type market is segmented into two types of products, namely automotive indicator lamps and general illumination bulbs. Indicator lamps are used for various purposes in vehicles including oil change monitoring, checking the vehicle’s battery charge level and tire pressure monitoring among others. General illumination type includes light bulb applications such as interior lighting, exterior lighting and license plate lights among others.
LEDs Type:
The global LED type market is segmented into three broad categories, namely; Organic Light Emitting Diode (OLED), Inorganic Light Emitting Diode (INORGON), and Basic Anodized Aluminum Oxide LED. The INORGON category includes products such as Silicon Carbide and Gallium Nitride.
Application Insights:
Passenger cars application segment led the global automotive indicator lamp market and accounted for more than half of the revenue share in 2017. Growing demand for passenger cars due to rising disposable income levels, especially in emerging markets such as China, India and Brazil is expected to drive the segment growth over the forecast period.
The commercial vehicles application segment is expected to witness significant growth over the forecast period owing to increasing government initiatives on improving public transportation systems across various regions. Furthermore, growing investments by companies such as Daimler AG; Ford Motor Company; General Motors Company; and Toyota Motor Corporation towards developing electric commercial vehicles will further boost industry growth over the coming years.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rising sales of passenger cars and commercial vehicles in countries such as China, India, Japan, South Korea, Taiwan among others. Increasing disposable income coupled with growing automotive production is also expected to drive the demand for indicators in this region.
Europe was estimated at USD X million in 2017 owing to high demand from European countries such as Germany, France among others which are majorly driven by automobile production. In addition increasing use of electric vehicles has led Europe towards adoption of LEDs type lamps thus making it a potential market for indicator lights as well over next eight years till 2030 timeframe.
Growth Factors:
- Increasing demand for automobiles
- Technological advancements in automotive indicator lamps
- Rising disposable income of consumers
- Growing awareness about safety and security features in automobiles
- Proliferation of online retail platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Indicator Lamp Market Research Report
By Type
Bulbs Type, LEDs Type
By Application
Passenger Cars, Commercial Vehicles
By Companies
Daiichidensobuhin (Japan), Ichikoh Industries (Japan), IO Industry (Japan), Jeco (Japan), Oshino Lamps (Japan), Daiichidensobuhin (Japan)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Indicator Lamp Market Report Segments:
The global Automotive Indicator Lamp market is segmented on the basis of:
Types
Bulbs Type, LEDs Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Daiichidensobuhin (Japan)
- Ichikoh Industries (Japan)
- IO Industry (Japan)
- Jeco (Japan)
- Oshino Lamps (Japan)
- Daiichidensobuhin (Japan)
Highlights of The Automotive Indicator Lamp Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bulbs Type
- LEDs Type
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Indicator Lamp Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive indicator lamp is a light used in automobiles to indicate the status of various systems. These lamps are typically found on the dashboard, and may include indicators for such things as engine speed, oil pressure, water temperature, and battery charge.
Some of the major players in the automotive indicator lamp market are Daiichidensobuhin (Japan), Ichikoh Industries (Japan), IO Industry (Japan), Jeco (Japan), Oshino Lamps (Japan), Daiichidensobuhin (Japan).
The automotive indicator lamp market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Indicator Lamp Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automotive Indicator Lamp Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Indicator Lamp Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automotive Indicator Lamp Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automotive Indicator Lamp Market Size & Forecast, 2018-2028 4.5.1 Automotive Indicator Lamp Market Size and Y-o-Y Growth 4.5.2 Automotive Indicator Lamp Market Absolute $ Opportunity
Chapter 5 Global Automotive Indicator Lamp Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Indicator Lamp Market Size Forecast by Type
5.2.1 Bulbs Type
5.2.2 LEDs Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Indicator Lamp Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Indicator Lamp Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Indicator Lamp Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Indicator Lamp Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Indicator Lamp Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Indicator Lamp Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Indicator Lamp Market Size Forecast by Type
9.6.1 Bulbs Type
9.6.2 LEDs Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Indicator Lamp Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Indicator Lamp Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Indicator Lamp Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Indicator Lamp Market Size Forecast by Type
10.6.1 Bulbs Type
10.6.2 LEDs Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Indicator Lamp Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Indicator Lamp Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Indicator Lamp Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Indicator Lamp Market Size Forecast by Type
11.6.1 Bulbs Type
11.6.2 LEDs Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Indicator Lamp Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Indicator Lamp Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Indicator Lamp Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Indicator Lamp Market Size Forecast by Type
12.6.1 Bulbs Type
12.6.2 LEDs Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Indicator Lamp Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Indicator Lamp Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Indicator Lamp Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Indicator Lamp Market Size Forecast by Type
13.6.1 Bulbs Type
13.6.2 LEDs Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Indicator Lamp Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Indicator Lamp Market: Competitive Dashboard
14.2 Global Automotive Indicator Lamp Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daiichidensobuhin (Japan)
14.3.2 Ichikoh Industries (Japan)
14.3.3 IO Industry (Japan)
14.3.4 Jeco (Japan)
14.3.5 Oshino Lamps (Japan)
14.3.6 Daiichidensobuhin (Japan)