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Global Vehicular Lighting Industry

Table 9: GDP Growth (in %) & GDP Per Capita (PPP) in BRICCountries for the Year 2011 (includes correspondingGraph/Chart) II-27

Table 10: GDP Growth (in %) & GDP Per Capita (PPP) in WesternEconomies for the Year 2011 (includes correspondingGraph/Chart) II-27Replacement Needs Drive Demand in the Aftermarket II-28Small Displacement Motorcycles Rise in Popularity II-28Modulating Headlamps for Motorcycles Grow in Demand II-28Customization of High Powered LED Motorcycle Lights: ALucrative Opportunity in the Aftermarket II-29Increase in Car Safety Features Threaten to Reduce AftermarketPotential In the Automotive Segment II-29Table 11: Declining Number of Accidents in DevelopedCountries - The United States As a Case In Point: Breakdownof Number of Accidents (In 000s) by Severity (includescorresponding Graph/Chart) II-30New Lighting Technologies Threaten Aftermarket Opportunities II-30Vehicular Lighting: Opportunities Beyond Safety II-30Technology Innovations to Drive Growth II-31High-Intensity Discharge (HID) Headlamps Steal Growth fromTraditional Lamps II-31LED Bulbs: The Light Source of the 21st Century II-32LED Headlamps Grow in Prominence II-33"Bright" Market Prospects for HB LED Lighting Systems II-33LED Matrix Light: The Latest Innovation II-34Creative Technologies to Improve Defrosting Capabilities ofLED Based Headlights II-34Xenon Headlights/High-Intensity Discharge Headlamps Vs LEDHeadlamps: The Battle Continues II-34Daytime Running Lights Grow in Prominence II-35Intelligent Headlights Rise in Popularity II-35

3. COMPETITION II-36Entry Barriers High in the Aftermarket II-36Independent Aftermarket Suppliers Better Placed in Comparisonto Original Equipment Suppliers in the Aftermarket II-36Market Share Findings II-37Table 12: World Automotive Lighting Market (2012): PercentageShare Breakdown of Dollar Sales by Leading Players (includescorresponding Graph/Chart) II-37What Does It Take to Compete in the Marketplace? II-38Partnerships & Collaborations: A Tailored BusinessRelationship to Deflect Competitive Heat II-38OE Headlamp Suppliers Focus on Supplier Parks for CloserAssociation with the OEMs II-38Product Portfolio Expansion: A Competitive Ploy II-39

4. REGULATORY OVERVIEW II-40

5. PRODUCT OVERVIEW II-41Vehicular Lighting: A Transformation at Lightning Speeds II-41Milestones in the History of Automotive Lighting II-41Automotive Lamps II-41Headlamps II-421980-2000 - An Era of Headlamps Evolution II-42Types of Headlamps II-43Incandescent Lamps II-43Halogen Headlights II-44High-Intensity Discharge Headlamps (HID) II-44HID Headlamps Vs Halogen Headlamps II-45HID Lamps VS MDP Lamps II-45LED Headlamps II-45Tail Lamps/ Brake Lamps II-45Signaling/Flasher Lamps II-46Automotive Flasher Designs: Based on Technology Employed II-46Fog Lamps II-47Other Automotive Lamps II-47Distributed or Centralized Lighting II-47Benefits of Distributed or Centralized Lighting II-47Advanced Automotive Lighting Technologies - A Review II-47Light Emitting Diodes (LEDs) Lighting Technology: A Review II-47LEDs Vs Incandescent Lamps II-48LEDs - Functions and Uses II-48Applications of LEDs II-49Benefits of LED Lamps in a Nutshell II-49Neon Lights II-50Xenon Lights II-50Xenon-Headlight Concerns II-51Xenon Vs Halogen lamps II-51Bi-Xenon Headlamp Systems II-51Double Xenon II-51Daytime Running Lights II-51Benefits of DRL II-51Importance of DRL in Safety II-52The Other Side of DRL II-52Bending Lights II-52Adaptive Front-Lighting System II-53Motorcycle Lamps II-53Headlamps II-53Tail Lamps II-54Flasher Lamps II-54

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