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
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 the problems or issues with the engine of the vehicle. Check engine light is a computerized system, which keeps a track of the engine and notify about any malfunctions caused to the engine. It is considered a diagnostic tool that increasingly help in maintaining the performance of the vehicle, engine speed, and ignition time.
The automotive industry is going through a phase of technological transition where all the systems are being connected with computers or an automated electronic system. The modern check engine lights are also automated in a way to notify the issues with the vehicle. Factors such as increasing safety concerns of the vehicles, technological advancements, developments in the automotive industry are the primary factors driving the growth of this market. However, factors such as reliability on the lights, and technical issues are likely to affect the growth of the market during the forecast period.
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. As the number of passengers cars are increasing across the globe, the demand for check engine lights is gradually increasing. Furthermore, growing importance of safety of commercial vehicles is expected to enhance the market for check engine lights in the 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 on road safety of the vehicles are the major factors contributing to the growth of this market. However, Asia-Pacific is projected to grow at a significant rate during the forecast period, based on increasing awareness and changing regulatory policies in the automotive industry.
Some of the prominent players operating in the check engine light market 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. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
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. The report provides a holistic view of global check engine light market based on type, application, and geography. Key segments covered in the report are as follows:
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2017-2027 |
| Base Year | 2018 |
| Forecast Period | 2019-2027 |
| Historical Year | 2017 |
| Unit | USD Billion |
| Segmentation |
Type Segment (2017–2027; US$ Bn) |
|
Application (2017–2027; US$ Bn) |
|
|
Geography Segment (2017–2027; US$ Bn) |
Key questions answered in this report
- What was the market size of check engine light in 2018 and forecast up to 2027?
- Which is the largest regional market for types of check engine light?
- What are the major trends followed in check engine light market across different regions?
- Who is the key check engine light companies leading the market?
- What are the key strategies adopted by the leading check engine light companies in market?
Unique data points of this report
- Statistics on check engine light penetration and spending worldwide
- Recent trends across different regions in terms of adoption of check engine light for various applications.
- Notable developments going on in 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
* Here we are using CEL as a short form of Check Engine Light
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)
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)
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