North American Lighting Components Aftermarket

Publication Date	May 2009
Publisher	Frost & Sullivan
Product Type	Report
Pages	190
ISBN Number	not applicable
Product Code	FRS00854

Buy this product or for assistance call +44 20 7060 7474

PDF £4,510.00$7502 | €5048

FAX Order above formats by FAX

Summary

This Frost & Sullivan research service titled North American Lighting Components Aftermarket provides unit shipment and revenue forecasts for headlights, taillights, bulbs and lighting accessories as well as market drivers and restraints, industry challenges, distribution channel analyses and market share analyses. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: forward exterior lighting, rear exterior lighting, interior lighting, auxiliary lighting, accessory lighting, incandescent lighting, high-intensity discharge (HID) lighting, and light-emitting diodes.

This analysis is available through our Automotive and Transportation Growth Partnership Services program. With continuous access to intelligence and resources from all seven perspectives of the Complex Business Universe, the Growth Partnership Services program ensures that you and your Growth Team??? are able to maintain a 360 Degree Perspective of the market. This comprehensive, objective information allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth. For more information on this custom subscription service, please click here.

Market Overview

LEDs Keep Prospects Upbeat for the North American Lighting Components Aftermarket

The North American lighting components aftermarket has experienced restrained revenue growth due to the weakening of the economy and the decline in the number of vehicle collisions. Aftermarket suppliers that manufacture and distribute reverse-engineered components from offshore factories will grow at the expense of original equipment (OE) suppliers, who control a majority of the market share. OE suppliers will recover some gains during the medium to long term through the sale of higher priced headlights and taillights, using light emitting diode (LED) and high intensity discharge (HID) technologies. "Increased sales of designer headlamps and taillights, as well as premium bulb upgrades, will drive average component prices up by 0.9 percent annually over the 2008-2015 period," notes the analyst of this research service. "However, this will be greatly offset by the falling price of light emitting diodes (LEDs), and increased penetration of aftermarket parts."

The use of LEDs as original equipment will allow aftermarket manufacturers to develop innovative products that stimulate vehicle modification activity and the purchase of component upgrades. They are lighter and thinner than incandescent lamps, allowing for increased styling as well as personalization, and they can be positioned in creative ways that produce unique light patterns, colors, and shapes. LEDs will also gain ground in the accessories segment as distributors reduce the number of neon components in their programs.

Stepping up Non-collision Sales Activity will take the Market Forward

Manufacturers and distributors are overly dependant on vehicle collisions to drive demand for lighting components. Advancements in vehicle safety systems have drastically reduced the number of automobile accidents over the past decade, narrowing the demand for high-dollar components such as headlight and taillight assemblies. Figures indicate that nearly 75 percent of headlight and taillight sales in 2008 were fueled by collision replacement. However, the number of auto accidents has declined by 11 percent during the past ten years. For this reason, revenues are not projected to grow over the forecast period. Considering this scenario, manufacturers must stimulate non-collision sales activity to achieve growth. For instance, many products - including driving lamps, rear altezza lights, and neon accessories - already exist to encourage vehicle owners to upgrade their lighting systems for reasons of enhanced appearance and function. However, poor marketing, distribution, and support structures have failed to ignite growth in these component segments. "Automotive lighting components, particularly headlights and taillights, are like jewelry," observes the analyst. "They are decorative, as well as functional, and more technologically advanced, making the parts more expensive to replace, thus supporting overall revenues."

Revenues will begin to rebound in a few years as the economy recovers, consumer spending rises, and collision rates increase. Opportunities will unfold for manufacturers that can develop and market attractive auxiliary lighting components for cars and smaller vehicles. Aftermarket suppliers will continue to take market share away from OE companies because their manufacturing quality has improved and they sell lower-priced parts through leading wholesale and retail distributors.

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

Forward exterior lighting
Rear exterior lighting
Interior lighting
Auxiliary lighting
Accessory lighting

Technologies

The following technologies are covered in this research:

Incandescent lighting
High-intensity discharge lighting
Light-emitting diodes

Content

1 EXECUTIVE SUMMARY
- Summary of Major Findings
  - 1. Introduction
2 TOTAL NORTH AMERICAN LIGHTING COMPONENTS AFTERMARKET
- Overview and Definitions
  - 1. Market Overview and Definitions
  - 2. Measurements
- Industry Challenges
  - 1. Industry Challenges in the North American Lighting Components Aftermarket
- Market Drivers and Restraints
  - 1. Market Drivers
  - 2. Market Restraints
- Quantitative Analysis
  - 1. Unit Shipment and Revenue Forecasts
  - 2. Revenues by Geographic Region
  - 3. Revenues by Product Type
  - 4. Demand Analysis
  - 5. Pricing Analysis and Trends
- Competitive Analysis
  - 1. Competitive Structure
  - 2. Mergers Acquisitions and Competitive Changes
3 FORWARD EXTERIOR LIGHTING AFTERMARKET
- Total Forward Exterior Lighting Aftermarket
  - 1. Market Overview and Definitions
  - 2. Measurements
  - 3. Unit Shipment and Revenue Forecasts
  - 4. Revenues by Product Type
  - 5. Pricing Analysis
  - 6. Distribution Channel Analysis
  - 7. Market Share Analysis
- Sealed-beam Headlamps Aftermarket
  - 1. Unit Shipment and Revenue Forecasts
  - 2. Pricing Analysis and Trends
  - 3. Market Share Analysis
- Halogen Capsule Bulbs Aftermarket
  - 1. Unit Shipment and Revenue Forecasts
  - 2. Pricing Analysis and Trends
  - 3. Market Share Analysis
- High-intensity Discharge Lighting Aftermarket
  - 1. Unit Shipment and Revenue Forecasts
  - 2. Pricing Analysis and Trends
  - 3. Market Share Analysis
- Signal/Corner Lamps Aftermarket
  - 1. Unit Shipment and Revenue Forecasts
  - 2. Pricing Analysis and Trends
  - 3. Market Share Analysis
- Forward Exterior Miniature Bulbs Aftermarket
  - 1. Unit Shipment and Revenue Forecasts
  - 2. Pricing Analysis and Trends
  - 3. Market Share Analysis
- Headlamp Assemblies Aftermarket
  - 1. Unit Shipment and Revenue Forecasts
  - 2. Pricing Analysis and Trends
  - 3. Market Share Analysis
4 REAR EXTERIOR LIGHTING AFTERMARKET
- Total Rear Exterior Lighting Aftermarket
  - 1. Market Overview and Definitions
  - 2. Measurements
  - 3. Unit Shipment and Revenue Forecasts
  - 4. Revenues by Product Type
  - 5. Pricing Analysis
  - 6. Distribution Channel Analysis
  - 7. Market Share Analysis
5 INTERIOR LIGHTING AFTERMARKET
- Total Interior Lighting Aftermarket
  - 1. Market Overview and Definitions
  - 2. Measurements
  - 3. Unit Shipment and Revenue Forecasts
  - 4. Pricing Analysis
  - 5. Distribution Channel Analysis
  - 6. Market Share Analysis
6 AUXILIARY LIGHTING AFTERMARKET
- Total Auxiliary Lighting Aftermarket
  - 1. Market Overview and Definitions
  - 2. Measurements
  - 3. Unit Shipment and Revenue Forecasts
  - 4. Pricing Analysis
  - 5. Distribution Channel Analysis
  - 6. Market Share Analysis
7 ACCESSORY LIGHTING AFTERMARKET
- Total Accessory Lighting Aftermarket
  - 1. Market Overview and Definitions
  - 2. Measurements
  - 3. Unit Shipment and Revenue Forecasts
  - 4. Revenues by Product Type
  - 5. Pricing Analysis
  - 6. Distribution Channel Analysis
  - 7. Market Share Analysis
8 APPENDIX
- Abbreviations
  - 1. Acronyms and Abbreviations
- Equations
  - 1. Conversion Equations
  - 2. Compound Annual Growth Rate
  - 3. Currency Exchange Rates
9 DECISION SUPPORT DATABASE
- Decision Support Database
  - 1. Gross Domestic Product
  - 2. Total Population
  - 3. Total Employment
  - 4. Total Manufacturing
  - 5. Household Consumption for Transportation and Communication
List of Figures
Chapter
- Total Lighting Components Aftermarket: Impact of Top Industry Challenges (North America), 2009-2015
- Total Lighting Components Aftermarket: Market Drivers Ranked in Order of Impact (North America), 2009-2015
- Total Lighting Components Aftermarket: Market Restraints Ranked in Order of Impact (North America), 2009-2015
- Total Lighting Components Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Total Lighting Components Aftermarket: Percent of Revenues by Geographic Region (North America), 2005-2015
- Total Lighting Components Aftermarket: Percent of Revenues by Product Type (North America), 2005-2015
- Total Lighting Components Aftermarket: Light Vehicles in Use by Geographic Region and Vehicle Type (North America), 2005-2015
- Total Lighting Components Aftermarket: Average Age of Light Vehicles in Use (United States), 2005-2015
- Total Lighting Components Aftermarket: Average Annual Use per Light Vehicle (United States), 2005-2015
- Total Lighting Components Aftermarket: Police-reported Motor Vehicle Traffic Crashes (United States), 1997-2007
- Total Lighting Components Aftermarket: Pricing Analysis (North America), 2005-2015
- Total Lighting Components Aftermarket: Notable Mergers, Acquisitions, and Competitive Changes (North America), 2005-2008
Chapter
- Forward Exterior Lighting Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Forward Exterior Lighting Aftermarket: Percent of Revenues by Product Type (North America), 2005-2015
- Forward Exterior Lighting Aftermarket: Pricing Analysis (North America), 2005-2015
- Forward Exterior Lighting Aftermarket: Revenue Share by Distribution Channel (North America), 2008
- Forward Exterior Lighting Aftermarket: Revenue Market Shares of Major Market Participants (North America), 2008
- Sealed-beam Headlamps Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Sealed-beam Headlamps Aftermarket: Pricing Analysis (North America), 2005-2015
- Sealed-beam Headlamps Aftermarket: Revenue Market Shares of Major Market Participants (North America), 2008
- Halogen Capsule Bulbs Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Halogen Capsule Bulbs Aftermarket: Pricing Analysis (North America), 2005-2015
- Halogen Capsule Bulbs Aftermarket: Revenue Market Shares of Major Market Participants (North America), 2008
- High-intensity Discharge Lighting Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- High-intensity Discharge Lighting Aftermarket: Pricing Analysis (North America), 2005-2015
- High-intensity Discharge Lighting Aftermarket: Revenue Market Shares of Major Market Participants (North America), 2008
- Signal/Corner Lamps Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Signal/Corner Lamps Aftermarket: Pricing Analysis (North America), 2005-2015
- Signal/Corner Lamps Aftermarket: Revenue Market Shares of Major Market Participants (North America), 2008
- Forward Exterior Miniature Bulbs Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Forward Exterior Miniature Bulbs Aftermarket: Pricing Analysis (North America), 2005-2015
- Forward Exterior Miniature Bulbs Aftermarket: Revenue Market Shares of Major Market Participants (North America), 2008
- Headlamp Assemblies Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Headlamp Assemblies Aftermarket: Pricing Analysis (North America), 2005-2015
- Headlamp Assemblies Aftermarket: Revenue Market Shares of Major Market Participants (North America), 2008
Chapter
- Rear Exterior Lighting Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Taillights Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Rear Exterior Miniature Bulbs Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Rear Exterior Lighting Aftermarket: Percent of Revenues by Product Type (North America), 2005-2015
- Rear Exterior Lighting Aftermarket: Pricing Analysis (North America), 2005-2015
- Rear Exterior Lighting Aftermarket: Revenue Share by Distribution Channel (North America), 2008
- Rear Exterior Lighting Aftermarket: Revenue Market Shares of Major Market Participants (North America), 2008
Chapter
- Interior Lighting Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Interior Lighting Aftermarket: Pricing Analysis (North America), 2005-2015
- Interior Lighting Aftermarket: Revenue Share by Distribution Channel (North America), 2008
- Interior Lighting Aftermarket: Revenue Market Shares of Major Market Participants (North America), 2008
Chapter
- Auxiliary Lighting Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Auxiliary Lighting Aftermarket: Pricing Analysis (North America), 2005-2015
- Auxiliary Lighting Aftermarket: Revenue Share by Distribution Channel (North America), 2008
- Auxiliary Lighting Aftermarket: Revenue Market Shares of Major Market Participants (North America), 2008
Chapter
- Accessory Lighting Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Neon/Strobe Accessories Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Light-emitting Diode Accessories Aftermarket: Unit Shipment and Revenue Forecasts (North America), 2005-2015
- Accessory Lighting Aftermarket: Percent of Revenues by Product Type (North America), 2005-2015
- Accessory Lighting Aftermarket: Pricing Analysis (North America), 2005-2015
- Accessory Lighting Aftermarket: Revenue Share by Distribution Channel (North America), 2008
- Accessory Lighting Aftermarket: Revenue Market Shares of Major Market Participants (North America), 2008