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World - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jul 1, 2024

World - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jun 17, 2024

The Largest Import Markets for Lighting Equipment for Motor Vehicles

When it comes to lighting equipment for motor vehicles, there are several countries around the world that stand out as top import markets. These countries are not only significant importers of this type of equipment, but they also play a crucial role in the global trade of lighting equipment for motor vehicles. According to data from the IndexBox market intelligence platform, the world's top 10 countries by import value of lighting equipment for motor vehicles in 2023 were the United States, Germany, China, Canada, Mexico, the United Kingdom, Spain, France, Slovakia, and Japan.

1. United States

With an import value of $5.2 billion in 2023, the United States tops the list as the world's largest importer of lighting equipment for motor vehicles. The country's strong automotive industry, high demand for high-quality lighting products, and technological advancements in vehicle lighting systems contribute to its significant import volume.

2. Germany

Germany follows closely behind the United States with an import value of $4.1 billion in 2023. As a major hub for automotive manufacturing and innovation in Europe, Germany's demand for lighting equipment for motor vehicles remains high, driving its import market to the top ranks globally.

3. China

China, with an import value of $1.6 billion in 2023, is another key player in the global import market for lighting equipment for motor vehicles. The country's growing automotive industry and increasing adoption of advanced lighting technologies contribute to its substantial import volume.

4. Canada

Canada ranks fourth on the list with an import value of $1.2 billion in 2023. The country's close proximity to the United States, along with its strong automotive manufacturing sector, drives its demand for lighting equipment for motor vehicles and positions it as a significant import market.

5. Mexico

Mexico follows closely behind Canada with an import value of $1.0 billion in 2023. As a key player in the North American automotive industry, Mexico's demand for lighting equipment for motor vehicles remains robust, contributing to its importance as an import market.

6. United Kingdom

The United Kingdom imports a total of $839.3 million worth of lighting equipment for motor vehicles in 2023, placing it sixth on the list of top import markets. Despite challenges in the automotive sector, the country's demand for quality lighting products continues to drive its import market.

7. Spain

Spain ranks seventh with an import value of $741.3 million in 2023. The country's strong automotive industry and focus on innovation in vehicle lighting systems contribute to its significant import volume of lighting equipment for motor vehicles.

8. France

France follows closely behind Spain with an import value of $699.3 million in 2023. The country's renowned automotive manufacturing sector and emphasis on sustainability and safety in vehicle lighting systems drive its demand for high-quality lighting equipment.

9. Slovakia

Slovakia imports a total of $595.2 million worth of lighting equipment for motor vehicles in 2023, placing it ninth on the list of top import markets. The country's growing automotive industry and focus on technological advancements in vehicle lighting systems contribute to its importance as an import market.

10. Japan

Japan rounds out the top 10 list with an import value of $553.2 million in 2023. The country's advanced automotive industry and reputation for high-quality manufacturing contribute to its significant import volume of lighting equipment for motor vehicles.

In conclusion, the world's best import markets for lighting equipment for motor vehicles are diverse and dynamic, with each country playing a crucial role in the global trade of these essential automotive components. By leveraging the valuable insights provided by the IndexBox market intelligence platform, businesses can better understand these key import markets and make informed decisions to optimize their international trade strategies.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for lighting equipment for motor vehicles. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
  • Prodcom 29312310 - Electrical or battery operated lighting or visual signalling of a kind used on bicycles

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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