Automotive Lighting and Signaling Equipment Manufacturing in China - Industry Market Research Report

Automotive Lighting and Signaling Equipment Manufacturing in China - Industry Market Research Report

Automotive Lighting and Signaling Equipment Manufacturing in China

Revenue for the Automotive Lighting and Signaling Equipment Manufacturing industry in China is expected to grow at an annualized 0.8% over the five years through 2023, including 3.7% growth in 2023, to total $11.6 billion. The development of China's automotive sector has slowed over the past five years, with sales decrease in 2019 and 2020. In 2023, the sales volume of automobile in China is expected to increase by 3.0%.

The Automotive Lighting and Signaling Equipment Manufacturing industry in China is primarily engaged in manufacturing vehicular lighting and vehicle electrical and electronic equipment. The industry also manufactures other electrical and electronic signaling equipment. These products can be used for all types of transportation equipment, as well as physical locations where lighting and signaling equipment are required.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.