Market Overview:
The global automotive warning light 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 automobiles, rising awareness about safety and security features in vehicles, and the growing demand for LED-based warning lights. Based on type, the global automotive warning light market is segmented into rotating lamps, flashing lights, and others. Rotating lamps are further classified into incandescent bulbs and LED bulbs. Flashing lights are further classified into strobe lights and beacon lights. Others include sirens and horns. Based on application, the global automotive warning light market is segmented into fire truck, police car ambulance vehicles industrial truck others .
Product Definition:
A warning light is a device in an automobile that notifies the driver of a potential problem.
Rotating Lamp:
Rotating lamp, also known as moving head or flash lamp, is a type of automotive warning light. It was initially designed for use in rear lamps but now are used in front as well as back-up lamps. The design of the rotating lamp helps to ensure that all angles are covered and no part of it is obscured when it is switched on.
Flashing Lights:
Flashing lights are a series of short, quick-alternating light signals that are used to communicate with road users. Flashing lights have the ability to attract the attention of drivers and pedestrians and hence help in enhancing road safety. Flashing lights can be seen from a greater distance than steady ON/OFF warning lamps, thereby increasing their effectiveness in terms of traffic safety.
Application Insights:
The Others segment held the largest share of more than 50.0% in 2017. The application includes brake light, turn signal, engine warning lights and others such as hazard lights and indicator lamps. Engine warning lamp is a combination of indicator lamp and backup lamp which indicates that the engine needs to be serviced soon or may fail any time due to excessive wear & tear.
The Firetruck segment is expected to witness significant growth over the forecast period owing to increasing need for advanced safety equipment by fire departments across countries such as India, China Japan U.S., Canada etc., Furthermore, growing number of fire-related accidents are driving demand for these vehicles worldwide thereby contributing towards revenue growth globally over the forecast period ¢â‚¬Å“In terms of value as well as volume¢â‚¬ according to data published by International Association Of Fire Chiefs (IAFC).
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. The region is expected to continue its dominance over the forecast period owing to stringent regulations by government organizations, such as National Highway Traffic Safety Administration (NHTSA) and Department of Transportation (DOT). Moreover, increasing road accidents are another factor contributing toward market growth in North America. According to WHO data, around 1.2 million people die due to road traffic injuries every year in U.S.
Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing primarily rotary lamp application segment growth and rising number of vehicle sales across emerging countries like India and China on account of low ownership rates compared with other household appliances like television set or refrigerator truck etc.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Technological advancements in automotive warning light systems
- Stringent safety norms by regulatory authorities across the globe
- Rising awareness about vehicle safety among consumers
- Growing demand for aftermarket automotive warning light products
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Warning Light Market Research Report
By Type
Rotating Lamp, Flashing Lights, Others
By Application
Fire Truck, police Car, Ambulance Vehicles, Industrial Truck, Others
By Companies
Edwards Signaling & Security Systems, PATLITE Corporation, Hella, ECCO Safety Group (ESG), Federal Signal Corporation, MOFLASH, Guangzhou Forda Signal Co, North American Signal Company, R. STAHL, SIRENA, E2S, NANHUA, Qlight, Juluen Enterprise, Qisen, Sicoreddy
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Warning Light Market Report Segments:
The global Automotive Warning Light market is segmented on the basis of:
Types
Rotating Lamp, Flashing Lights, Others
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
Fire Truck, police Car, Ambulance Vehicles, Industrial Truck, Others
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:
- Edwards Signaling & Security Systems
- PATLITE Corporation
- Hella
- ECCO Safety Group (ESG)
- Federal Signal Corporation
- MOFLASH
- Guangzhou Forda Signal Co
- North American Signal Company
- R. STAHL
- SIRENA
- E2S
- NANHUA
- Qlight
- Juluen Enterprise
- Qisen
- Sicoreddy
Highlights of The Automotive Warning Light 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:
- Rotating Lamp
- Flashing Lights
- Others
- By Application:
- Fire Truck
- police Car
- Ambulance Vehicles
- Industrial Truck
- Others
- 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 Warning Light 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
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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 warning light is a warning indicator on an automobile that warns the driver of potential problems with the vehicle. Automotive warning lights may indicate a problem with the engine, transmission, brakes, or other components of the car.
Some of the major players in the automotive warning light market are Edwards Signaling & Security Systems, PATLITE Corporation, Hella, ECCO Safety Group (ESG), Federal Signal Corporation, MOFLASH, Guangzhou Forda Signal Co, North American Signal Company, R. STAHL, SIRENA, E2S, NANHUA, Qlight, Juluen Enterprise, Qisen, Sicoreddy.
The automotive warning light 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 Warning Light 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 Warning Light Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Warning Light 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 Warning Light 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 Warning Light Market Size & Forecast, 2020-2028 4.5.1 Automotive Warning Light Market Size and Y-o-Y Growth 4.5.2 Automotive Warning Light Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Rotating Lamp
5.2.2 Flashing Lights
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Fire Truck
6.2.2 police Car
6.2.3 Ambulance Vehicles
6.2.4 Industrial Truck
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Warning Light 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 Warning Light 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Rotating Lamp
9.6.2 Flashing Lights
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Fire Truck
9.10.2 police Car
9.10.3 Ambulance Vehicles
9.10.4 Industrial Truck
9.10.5 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Rotating Lamp
10.6.2 Flashing Lights
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Fire Truck
10.10.2 police Car
10.10.3 Ambulance Vehicles
10.10.4 Industrial Truck
10.10.5 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Rotating Lamp
11.6.2 Flashing Lights
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Fire Truck
11.10.2 police Car
11.10.3 Ambulance Vehicles
11.10.4 Industrial Truck
11.10.5 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Rotating Lamp
12.6.2 Flashing Lights
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Fire Truck
12.10.2 police Car
12.10.3 Ambulance Vehicles
12.10.4 Industrial Truck
12.10.5 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Rotating Lamp
13.6.2 Flashing Lights
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Fire Truck
13.10.2 police Car
13.10.3 Ambulance Vehicles
13.10.4 Industrial Truck
13.10.5 Others
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 Warning Light Market: Competitive Dashboard
14.2 Global Automotive Warning Light Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Edwards Signaling & Security Systems
14.3.2 PATLITE Corporation
14.3.3 Hella
14.3.4 ECCO Safety Group (ESG)
14.3.5 Federal Signal Corporation
14.3.6 MOFLASH
14.3.7 Guangzhou Forda Signal Co
14.3.8 North American Signal Company
14.3.9 R. STAHL
14.3.10 SIRENA
14.3.11 E2S
14.3.12 NANHUA
14.3.13 Qlight
14.3.14 Juluen Enterprise
14.3.15 Qisen
14.3.16 Sicoreddy