According to the research report titled ‘Levant Automotive Lighting Market Analysis, 2020’, available with Levant automotive lighting market is expected to record remunerative growth during 2021-2026.
 

Focus among regulatory authorities towards maintaining road safety coupled with growing demand for road lighting systems are some of the key factors driving the growth of Levant automotive lighting market. Improving cognizance regarding vehicle and road safety have also impelled the demand for automotive lighting in Levant.
 

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Several governments in Levant are emphasizing on installing LED lighting systems in order to reduce the number of road accidents. Moreover, high integration of lighting systems in police vehicles and ambulances are contributing towards the overall market remuneration.
 

According to the report, increasing production of electric vehicles owing to high consumer demand have also propelled the adoption of advanced lighting systems in premium and luxury vehicles. However, Lebanon has been witnessing sluggish vehicle sales since the recent past, which could potentially hamper the remunerations scale of the overall industry in the upcoming years.
 

As per type, Levant automotive market is segmented into Xenon, LED, and halogen. The report claims that LED segment is predicted to generate substantial revenues for Levant automotive lighting market in the forthcoming years, owing to favorable government regulations which promote the use of LED systems to reduce road accidents.
 

The application reach of the overall market consists of interior, side, rear, and front/headlights segments. Citing the sales channel, the market is split into aftermarket and OEMs.
 

Moving on to the regional outlook, Levant automotive lighting market is bifurcated into Palestine, Syria, Lebanon, Iraq, and Jordan. The report cites that Lebanon captured the largest market share in 2019 and is likely to display similar expansion trends in the upcoming years.
 

The competitive landscape of Levant automotive lighting market is defined by companies such as Valeo and OSRAM Jordan among others.