Revenue within the Automotive Lighting and Signaling Equipment Manufacturing industry in China totaled $7.8 billion in 2014, up 8.7% from 2013. Over the five years through 2014 revenue has been growing at an annualized rate of 10.7%.
China's auto sector is expected to experience stable growth in the future. As a major demand industry for automotive lighting and signaling equipment, automobile manufacturers will contribute to the significant development of the industry in 2014 and beyond. ACMR-IBISWorld estimates that revenue over the next five years will grow at an annualized rate of 7.3% to $11.1 billion.
The Automotive Lighting and Signaling Equipment Manufacturing industry in China comprises establishments primarily engaged in manufacturing vehicular lighting and vehicle electrical and electronic equipment, as well as 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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.