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Check Engine Light Market By Type (Intermittent Check Engine Light, Continuous Check Engine Light), By Application (Passenger Cars, Commercial Vehicles) – Growth, Future Prospects, And Competitive Landscape, 2019 -2027

Name: Check Engine Light Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2019-10-04
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Check Engine Light Market

Summary
Table Of Content
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Growing Awareness and Importance of Vehicle Safety and Security Is Driving the Check Engine Light Market

Globally, the check engine light market is projected to grow with a CAGR of 5.5% during the forecast period from 2019 to 2027. The check engine light in a vehicle is set up to warn the drivers about problems or issues with the engine. Check engine light is a computerized system that keeps track of the engine and notifies about any malfunctions caused to the engine. It is considered a diagnostic tool that increasingly helps maintain the vehicle’s performance, engine speed, and ignition time.

The automotive industry is going through a phase of technological transition where all the systems are connected with computers or an automated electronic system. The modern check engine lights are also automated in a way to notify of the issues with the vehicle. Factors such as increasing safety concerns of cars, technological advancements, and developments in the automotive industry are the primary factors driving the growth of this market. However, factors such as the reliability of the lights and technical issues are likely to affect the growth of the market during the forecast period.

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Market Synopsis

Passenger Cars Segment Dominated the Application Market

Based on application, the check engine light market was led by passenger cars, which held around 55% of the overall revenue generated. However, as the number of passenger cars is increasing across the globe, the demand for check engine lights is gradually increasing. Furthermore, the growing importance of the safety of commercial vehicles is expected to enhance the market for check engine lights in commercial vehicles.

North America Dominated the Market by Region

In 2018, North America led the global check engine light market by holding a market share of over 40% of the total revenue generated. Development in the automotive industry, growing adoption of personal as well as commercial vehicles, and stringent regulations regarding road safety of the vehicles are the major factors contributing to the growth of this market. However, Asia-Pacific is projected to grow significantly during the forecast period, based on increasing awareness and changing regulatory policies in the automotive industry.

Some prominent check engine light market players include OSRAM, Yeolight Technology, Hella, Konica Minolta Pioneer, ZKW, Stanley, Astron FIAMM, Magneti Marelli, and Koito.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

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Report Scope by Segments

The check engine light market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global check engine light market based on type, application, and geography. Key segments covered in the report are as follows:

Segmentation Type Segment (2017–2027; US$ Bn)

Intermittent Check Engine Light
Continuous Check Engine Light

Application (2017–2027; US$ Bn)

Passenger Cars
Commercial Vehicles

Geography Segment (2017–2027; US$ Bn)

North America
- U.S.
- Canada
Europe
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa

Unique data points of this report

Statistics on check engine light penetration and spending worldwide
Recent trends across different regions in adopting check engine lights for various applications exist.
Notable developments are going on in the check engine light market
Attractive investment proposition for segments as well as geography
Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global CEL
2.2 Global CEL Market, By Type
2.3 Global CEL Market, By Application
2.4 Global CEL Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global CEL Market Revenue and Growth, 2019 – 2027, (US$ Mn) (%)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global Check Engine Light (CEL) Market Analysis, by Type
4.1 Overview
4.2 Intermittent CEL
4.3 Continuous CEL

Chapter 5 Global Check Engine Light (CEL) Market Analysis, By Application
5.1 Overview
5.2 Passenger Cars
5.3 Commercial Vehicles

Chapter 6 North America Check Engine Light (CEL) Market Analysis
6.1 Overview
6.2 North America CEL Market Analysis, By Type, 2019 – 2027
6.2.1 Comparative Analysis
6.3 North America CEL Market Analysis, By Application, 2019 – 2027
6.3.1 Comparative Analysis
6.4 North America CEL Market Analysis, By Region, 2019 – 2027
6.4.1 U.S.
6.4.1.1 U.S. CEL Market Analysis, By Type, 2019 – 2027
6.4.1.2 U.S. CEL Market Analysis, By Application, 2019 – 2027
6.4.2 Canada
6.4.2.1 Canada CEL Market Analysis, By Type, 2019 – 2027
6.4.2.2 Canada CEL Market Analysis, By Application, 2019 – 2027

Chapter 7 Europe Check Engine Light (CEL) Market Analysis
7.1 Overview
7.2 Europe CEL Market Analysis, By Type, 2019 – 2027
7.2.1 Comparative Analysis
7.3 Europe CEL Market Analysis, By Application, 2019 – 2027
7.3.1 Comparative Analysis
7.4 Europe CEL Market Revenue, By Region, 2019 – 2027
7.4.1 U.K.
7.4.1.1 U.K. CEL Market Analysis, By Type, 2019 – 2027
7.4.1.2 U.K. CEL Market Analysis, By Application, 2019 – 2027
7.4.2 Germany
7.4.2.1 Germany CEL Market Analysis, By Type, 2019 – 2027
7.4.2.2 Germany CEL Market Analysis, By Application, 2019 – 2027
7.4.3 France
7.4.3.1 France CEL Market Analysis, By Type, 2019 – 2027
7.4.3.2 France CEL Market Analysis, By Application, 2019 – 2027
7.4.4 Rest of Europe
7.4.4.1 Rest of Europe CEL Market Analysis, By Type, 2019 – 2027
7.4.4.2 Rest of Europe CEL Market Analysis, By Application, 2019 – 2027

Chapter 8 Asia Pacific Check Engine Light (CEL) Market Analysis
8.1 Overview
8.2 Asia Pacific CEL Market Analysis, By Type, 2019 – 2027
8.2.1 Comparative Analysis
8.3 Asia Pacific CEL Market Analysis, By Application, 2019 – 2027
8.3.1 Comparative Analysis
8.4 Asia Pacific CEL Market Revenue, By Region, 2019 – 2027
8.4.1 China
8.4.1.1 China CEL Market Analysis, By Type, 2019 – 2027
8.4.1.2 China CEL Market Analysis, By Application, 2019 – 2027
8.4.2 Japan
8.4.2.1 Japan CEL Market Analysis, By Type, 2019 – 2027
8.4.2.2 Japan CEL Market Analysis, By Application, 2019 – 2027
8.4.3 Rest of Asia Pacific
8.4.3.1 Rest of Asia Pacific CEL Market Analysis, By Type, 2019 – 2027
8.4.3.2 Rest of Asia Pacific CEL Market Analysis, By Application, 2019 – 2027

Chapter 9 Rest of the World (RoW) Check Engine Light (CEL) Market Analysis
9.1 Overview
9.2 RoW CEL Market Analysis, By Type, 2019 – 2027
9.2.1 Comparative Analysis
9.3 RoW CEL Market Analysis, By Application, 2019 – 2027
9.3.1 Comparative Analysis
9.4 RoW CEL Market Revenue, By Region, 2019 – 2027
9.4.1 Middle East & Africa (MEA)
9.4.1.1 MEA CEL Market Analysis, By Type, 2019 – 2027
9.4.1.2 MEA CEL Market Analysis, By Application, 2019 – 2027
9.4.2 Latin America
9.4.2.1 Latin America CEL Market Analysis, By Type, 2019 – 2027
9.4.2.2 Latin America CEL Market Analysis, By Application, 2019 – 2027

Chapter 10 Company Profiles
10.1 OSRAM
10.2 Yeolight Technology
10.3 Hella
10.4 Konica Minolta Pioneer
10.5 ZKW
10.6 Stanley
10.7 Astron FIAM.
10.8 Magneti Marelli
10.9 Koito

List of Figures

FIG. 1 Global Check Engine Light (CEL): Market Segmentation
FIG. 2 Global CEL: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global CEL Market, By Type, 2016 (US$ Mn)
FIG. 5 Global CEL Market, By Application, 2016 (US$ Mn)
FIG. 6 Global CEL Market, By Geography, 2016 (US$ Mn)
FIG. 7 Global CEL Market Revenue and Growth, 2019 – 2027, (US$ Mn) (%)
FIG. 8 Attractive Investment Proposition
FIG. 9 Market Positioning of Key CEL Vendors, 2016
FIG. 10 Global CEL Market Revenue Contribution, By Type, 2019 & 2027 (%)
FIG. 11 Global Intermittent CEL Market Analysis, 2019 – 2027, (US$ Mn)
FIG. 12 Global Continuous CEL Market Analysis, 2019 – 2027, (US$ Mn)
FIG. 13 Global CEL Market Revenue Contribution, By Application, 2019 & 2027 (%)
FIG. 14 Global CEL Market Revenue from Passenger Cars, 2019 – 2027 (US$ Mn)
FIG. 15 Global CEL Market Revenue from Commercial Vehicles, 2019 – 2027 (US$ Mn)
FIG. 16 North America CEL Market Revenue, 2019 – 2027, (US$ Mn)
FIG. 17 Europe CEL Market Revenue, 2019 – 2027, (US$ Mn)
FIG. 18 Asia Pacific CEL Market Revenue, 2019 – 2027, (US$ Mn)
FIG. 19 RoW CEL Market Revenue, 2019 – 2027, (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Check Engine Light (CEL)
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 5 North America CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 6 U.S. CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 7 U.S. CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 8 Canada CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 9 Canada CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 10 Europe CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 11 Europe CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 12 U.K. CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 13 U.K. CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 14 Germany CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 15 Germany CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 16 France CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 17 France CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 18 Rest of Europe CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 19 Rest of Europe CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 20 Asia Pacific CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 21 Asia Pacific CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 22 China CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 23 China CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 24 Japan CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 25 Japan CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 26 Rest of Asia Pacific CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 27 Rest of Asia Pacific CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 28 RoW CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 29 RoW CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 30 MEA CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 31 MEA CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 32 Latin America CEL Market Revenue, By Type, 2019 – 2027 (US$ Mn)
TABLE 33 Latin America CEL Market Revenue, By Application, 2019 – 2027 (US$ Mn)
TABLE 34 OSRAM : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 35 Yeolight Technology : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 36 Hella: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 37 Konica Minolta Pioneer: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 38 ZKW: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 39 Stanley: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 40 Astron FIAMM : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 41 Magneti Marelli: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 42 Koito : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

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Frequently Asked Questions

What is the size of Check Engine Light Market?

The market for Check Engine Light Market is expected to reach US$ XX Bn in 2027.

What is the Check Engine Light Market CAGR?

The Check Engine Light Market is expected to see significant CAGR growth over the coming years, at 5.5%

What is the Forecast period considered for Check Engine Light Market?

The report is forecasted from 2019-2027.

What is the base year considered for Check Engine Light Market?

The base year of this report is 2018.

Who are the major players in this market?

OSRAM, Yeolight Technology, Hella, Konica Minolta Pioneer, ZKW are some of the major players in the global market.

About Author

Ganesh Chandwade

Senior Industry Consultant

Ganesh is a senior industry consultant specializing in heavy industries and advanced materials.

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