Market Share of Off Highway Vehicle Lighting Industry
The off-highway vehicle lighting market is dominated by several key players, such as Osram Light AG, Robert Bosch, Valeo SA, Magneti Marelli, and others. These player are expanding their manufacturing facilities across the globe, which in turn is likely to witness major growth for the market during the forecast period.
For instance, in November 2022, Valeo opened a new Research and Development center in Prague. Through this expansion, the company expanded its facilities across the globe.
In October 2021, Motherson Group extended its cooperation with Marelli Automotive Lighting for a new tool room in India. Through this partnership, the company expanded its product portfolio across the country.
In July 2021, Flex and Gate invested USD 52.1 million for the expansion of a manufacturing facility in Michigan, United States. Through this expansion, the company expanded its automotive light segment across the country.
Off Highway Vehicle Lighting Market Leaders
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Valeo
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Robert Bosch GmbH
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OSRAM GmbH
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HELLA GmbH & Co. KGaA
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WESEM
*Disclaimer: Major Players sorted in no particular order
