Global Automotive Cigarette Lighters Market Overview
Automotive Cigarette Lighters are attached to cigarette lighter receptacles or sockets in automobiles to light up cigarettes. Cigarette lighter receptacles are common features in cars and trucks and growing number of on-road automotive with technologically advanced features is anticipated to propel the automotive cigarette lighters market over the forecast period. The cigarette lighting receptacle contains a metallic strip in a coiled state that is connected to the ground and to a power source. The cigarette lighters are generally contained in a metallic or plastic covering consisting of a nichrome thin flat metallic coil. On pushing the lighter inside, the internal circuit gets complete subsequently heating getting charged or getting red hot. As soon as the filament turn hot orange, the receptacle’s metallic strip bends and releases the mechanism leading to the handle popping out that eliminates the need to time the heating operation for the user. Automotive cigarette lighters are available by voltage uptake which is normally segregated into 12 Volts and 6 Volts lighters.
Market Size & Forecast
Automotive Cigarette Lighters Market is anticipated to record a CAGR of 4.8% over the forecast period. Many multi-national companies are concentrating towards new product advances in automotive cigarette lighters. Moreover, new uses for automotive cigarette lighters derivatives are discovered on regular basis which is expected to drive the automotive cigarette lighters market steadily.
Currently the global automotive cigarette lighters market is observing vibrant growth owing to increasing demand of cigarette lighters in the market. Advances in automotive industry in the past few years and growing technological explorations are projected to drive automotive cigarette lighters market besides the wide range of functions of automotive cigarette receptacles in an immense range of products such as charging mobiles, music players, and cigarette lighter during the forecast period. On the basis of regional platform, global Automotive Cigarette Lighters market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. On account of high cigarette smoking population across the region, North America is panned to observe substantial automotive cigarette lighters market growth due to rising automotive cigarette lighters usage. North America is anticipated to be followed by Asia Pacific in terms of consumption due to increasing requirements of automotive cigarette lighters in adolescent cigarette consumers across the region. Moreover, on the back of multiplying automotive cigarette lighters uses in growing end-use automotive such as cars, trucks, caravans, and various other vehicles, Asia Pacific is budding as a regional automotive cigarette lighters consumption market.
Europe is expected to drive demand and positively impact automotive cigarette lighters market growth over the forecast period owing to increasing automotive cigarette lighters application on account of increasing technological advancements. However, weak economic conditions in countries such as Russia, Spain and others is expected to showcase a more modest growth of the automotive cigarette lighters market across the region over the forecast period.CLICK TO DOWNLOAD FREE SAMPLE
Our-in depth analysis of the global Automotive Cigarette Lighters market includes the following segments:
By Vehicle Type
By Retail Channels
Global Automotive Cigarette Lighters Market is further classified on the basis of region as follows:
Growth Drivers & Challenges
The rising demand for automotive cigarette lighters for increasing cigarette smoking adolescent population in developed and developing countries is anticipated to drive the market over the forecast period. Additionally, high prevalence of overall smoking population across the globe is estimated to propel the automotive cigarette lighter market further. The growing disposable income of the present population is surging the demand for customization in automobile industry with rising demand for customized automotive cigarette lighters. Rapid economic development with thriving manufacturing sector is expected to boost the automotive cigarette lighters market in the developing regions. Moreover, increasing technological advancements and rising trends towards further customization is anticipated to drive the automotive cigarette lighters market over the forecast period across the globe. Furthermore, increasing on-road automobile numbers along with the rising trend of motorization among the current population is driving the automotive cigarette lighters market significantly at present and is expected to impact the market strongly during the forecast period.
However, increasing use of automotive cigarette receptacles as de facto standard DC connector to supply electrical power for portable accessories is expected to slow down the automotive cigarette lighters market during the forecast period. Moreover, poor contact reliability and bulkiness of automotive cigarette receptacles is anticipated to result in lower adoption of them for customization which will directly impact the automotive cigarette lighters market.
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