Taillights are red lights mounted at the rear end of the vehicle. Taillights are an integral component of the vehicle, as they indicate its presence to vehicles behind it. They play a vital role in preventing backend collisions. LED taillights consume less amount of energy and have a longer life than that of conventional taillights.
Europe comprise of large number of premium and luxury vehicles, as well as the demand for vehicle enrichment accessories and energy effective accessories is high across the region, therefore Europe holds a prominent share of the global automotive LED tail lights market. China, which accounts for a significantly higher number of electric vehicles and this number is increasing exponentially, is expected to witness a surge demand for LED taillights.
Global Automotive LED Tail Lights market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive LED Tail Lights.
This industry study presents the global Automotive LED Tail Lights market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive LED Tail Lights production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive LED Tail Lights in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Osram, Infineon Technologies, etc.
The following manufacturers are covered in this report:
The Morey Corporation
Guangzhou AKD Automotive Accessories
Automotive LED Tail Lights Breakdown Data by Type
Automotive LED Tail Lights Breakdown Data by Application
Automotive LED Tail Lights Production by Region
Automotive LED Tail Lights Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive LED Tail Lights status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Automotive LED Tail Lights manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive LED Tail Lights :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive LED Tail Lights market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.