The projector headlamp market in the China is extremely concentrated. The global automotive lighting companies rely on their technical capability and established relation with the OEMs to secure new orders. Whereas, the local Chinese automotive lighting suppliers have positioned themselves in the low to mid segment of passenger vehicles and aftermarket business. However, over the past few years some Chinese suppliers have shown aggressive intent in acquiring clients on the back of low pricing. On the other hand, the Japanese automotive lighting suppliers like Koito, Stanley Electric and European lighting manufacturers including Hella and Valeo have monopolized the automotive lighting in mid to high end segment.
Given the amount of headlines, the Chinese OEMs have been making about their premium products and global aspirations. We foresee a huge demand for projector headlamps in coming years. Read the report to study the market in detail
Table of Contents
1. SCOPE OF THE REPORT................................................................................................................ 4 2. RESEARCH METHODOLOGY........................................................................................................ 4 3. LIST OF ABBREVIATIONS............................................................................................................. 6 4. MARKET IN A NUTSHELL.............................................................................................................. 7 4.1. BY VOLUME........................................................................................................................................................................... 7 4.2. BY VALUE............................................................................................................................................................................... 8 5. INTRODUCTION........................................................................................................................... 10 5.1. ECONOMIC OUTLOOK OF DEVELOPED COUNTRIES...................................................................................................... 10 5.1.1. US............................................................................................................................................................................................... 10 5.1.2. Europe....................................................................................................................................................................................... 10 5.1.3. Japan.......................................................................................................................................................................................... 10 5.2. ECONOMIC OUTLOOK OF EMERGING AND DEVELOPING ECONOMIES...................................................................... 10 5.2.1. India........................................................................................................................................................................................... 11 5.2.2. Brazil.......................................................................................................................................................................................... 11 5.2.3. Russia........................................................................................................................................................................................ 11 5.2.4. South Africa............................................................................................................................................................................. 11 5.3. ECONOMIC OUTLOOK OF MIDDLE EAST....................................................................................................................... 12