# NatWest first-quarter profit slumps 27% as savings, mortgage competition bite Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2021-09-24 Category: Research Reports Category URL: https://financedigest.com/category/research-reports Meta Title: NatWest's Q1 profit falls 27% due to competition Meta Description: NatWest's Q1 profit falls 27% from last year, impacted by competition for savings, lending, and mortgages. Prospects for sale to retail investors look URL: https://financedigest.com/natwest-first-quarter-profit-slumps-27-as-savings-mortgage-competition-bite-2html The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Automotive Lighting market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and [opportunities for key market](https://www.financedigest.com/3d-display-market-overview-cost-structure-analysis-growth-opportunities-and-forecast-to-2025.html "3D Display Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2025") players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed [Market Analysis of Automotive Lighting](https://www.financedigest.com/prague-christmas-market-returns-after-covid-but-with-fewer-lights.html "Prague Christmas market returns after COVID but with fewer lights") The report offers actionable and valuable [market insights of Automotive Lighting](https://www.factmr.com/report/4795/automotive-lighting-market). The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the [historic data and forecast](https://www.financedigest.com/industrial-ladder-market-comprehensive-shares-historical-trends-and-forecast-by-2027.html "Industrial Ladder Market Comprehensive Shares, Historical Trends And Forecast By 2027") of the market. The report also includes information on the sales and demand of [Automotive Lighting](https://www.financedigest.com/green-light-for-setsquareds-automotive-technology-innovators.html "Green light for SETsquared’s automotive technology innovators") Market across various industries and regions. **To remain ‘ahead’ of your competitors, request for a sample –  [https://www.factmr.com/connectus/sample?flag=S&rep\_id=4795](https://www.factmr.com/connectus/sample?flag=S&rep_id=4795)** This newly published and insightful report sheds light on [Market](https://www.financedigest.com/flexible-lighting-foils-market.html "Flexible Lighting Foils Market") Insights of Automotive Lighting, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Automotive Lighting Market **.** The global automotive lighting market is projected to [grow at 5% and will be valued at US$ 65 Bn by the end](https://www.financedigest.com/analysis-investors-stick-to-bets-on-early-end-to-ecb-hikes-as-uncertainty-grows.html "Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows") of the forecast period (2020-2030). However, the COVID-19 crisis has impacted the [growth trajectory](https://www.financedigest.com/multilocal-hires-new-directors-as-steep-growth-trajectory-continues.html "Multilocal hires new directors as steep growth trajectory continues") as the demand for automotives has fallen sharply. In the wake of disruption of supply chains and the shutdown of manufacturing plants, [the automotive lighting market growth has](https://www.financedigest.com/automotive-stamping-market-competitor-analysis-winning-strategies-and-growth-drivers-2026.html "Automotive Stamping Market Competitor Analysis, Winning Strategies and Growth Drivers 2026") been profoundly affected. At the same time, some of the world’s leading manufacturers of automotive lighting are confident that the post-pandemic era will herald an uptick in the sales of automotive lighting. Based on these trends, Fact.MR forecasts that the automotive lighting market will experience a V-shaped recovery curve in the long term forecast period. **[Key Takeaways of the Automotive Lighting Market](https://www.financedigest.com/automotive-floor-mats-market-key-players-industry-overview-applications-and-analysis-2029.html "Automotive Floor Mats Market Key Players, Industry Overview, Applications and Analysis 2029") Study** - The global automotive lighting [market is expected to generate an absolute $ opportunity](https://www.financedigest.com/new-healthcare-market-review-reveals-elderly-personal-care-sector-creating-exciting-investment-opportunities-and-defying-brexit.html "New Healthcare Market Review reveals elderly personal care sector creating exciting investment opportunities and defying Brexit") of US$ 30 Bn during the forecast period, adding ~1.8X more value in 2030 as compared to 2020. - The cost of LEDs is much higher than traditional halogens and HID lights and is thus limited to premium markets, including [luxury cars](https://www.financedigest.com/mercedes-benz-lifts-profit-forecast-as-luxury-cars-boom.html "Mercedes-Benz lifts profit forecast as luxury cars boom") and SUVs. - Automakers are investing in deciding the designs of front headlights as it is the most attractive component of consumer focus. Thus, the front headlights segment has been the leader in the market, contributing ~60% of the global [revenue share](https://www.financedigest.com/shopifys-revenue-forecast-fails-to-impress-shares-fall.html "Shopify’s revenue forecast fails to impress, shares fall") in 2019. - East Asia is projected to be the most prominent region for automotive lighting, estimated to account for more than 30% market share. However, due to the rapid spread of COVID-19 in China, Japan & South Korea the market growth for automotive lighting shall be impacted in the short-term. “ _The automotive industry has entered a muted phase of growth due to the COVID-19 pandemic, leading to declining sales. However, the re-opening of vehicle manufacturing plants in the aftermath is anticipated to restore the growth trajectory of the automotive lighting market_.” estimates the Fact.MR Analyst. **Need more information about Report Methodology? Click here-  [https://www.factmr.com/connectus/sample?flag=RM&rep\_id=4795](https://www.factmr.com/connectus/sample?flag=RM&rep_id=4795)** **Notable Development Trends to Open up New Horizons of Growth for Automotive Lighting Market** With the latest developments on track, groundbreaking changes in lighting procedures have opened up entirely new horizons in the design of automotive exteriors and interior lighting. In addition to the introduction of emerging technologies as well as electronic modules and modular parts, the automotive lighting industry leaders are continuing to explore new growth prospects across various geographic regions. Moreover, Market players have been channelizing efforts towards strengthening their distribution channels while also focusing on establishing long term supply contracts with automobile manufacturers. For Instance, in 2018, Koito Manufacturing Co., Ltd. developed an innovative XLS (exchangeable LED signal) lamp with different light versions to facilitate signal applications in vehicles. In the same year, LG Electronics completed the [acquisition of ZKW Group](https://www.financedigest.com/incentive-fm-group-strengthenswindow-cleaning-portfolio-with-acquisition.html "INCENTIVE FM GROUP STRENGTHENSWINDOW CLEANING PORTFOLIO WITH ACQUISITION"), a leading provider of automotive lighting and headlights. With this acquisition, company focus is on expanding its business reach in the automotive sector. [**Key Segments of the Automotive Lighting Market**](https://www.financedigest.com/phosphatidylserine-market-industry-research-segmentation-key-players-analysis-and-forecast-to-2032.html "Phosphatidylserine Market Industry Research, Segmentation, Key Players Analysis and Forecast to 2032") Fact.MR’s [study on the automotive lighting](https://www.financedigest.com/playground-xyz-shines-a-light-on-the-nuanced-interplay-between-context-creativity-and-attention-for-advertisers-in-new-study.html "Playground xyz shines a light on the nuanced interplay between context, creativity and attention for advertisers in new study") market offers information divided into five important segments-application, vehicle type, light source, sales channel and regional analysis. This report [offers comprehensive data](https://www.financedigest.com/aon-data-empowers-unica-to-offer-flood-insurance-for-5-2bn-canadian-peril.html "Aon data empowers Unica to offer flood insurance for .2bn Canadian peril") and information about important market dynamics and growth parameters associated with these categories. **Application** - Front Headlights - Fog Lights - Rear Lights - Side Lights - Interior Lights **Vehicle Type** - [Passenger Cars](https://www.financedigest.com/german-new-passenger-car-registrations-up-3-in-august-industry-source.html "German new passenger car registrations up 3% in August – industry source") - Compact Cars - Mid-Size CarsLuxury Cars - SUVs - LCVs - HCVs - Electric Vehicles - BEV - PHEV - HEV - Two Wheelers - Motorcycles Scooters **Light Source** - Halogen - LEDs - Xenon **Sales Channel** - OEM - Aftermarket **Region** - North America - Latin America - Europe - East Asia - South Asia - Oceania - MEA **Full Access of this Exclusive Report is Available at-  [https://www.factmr.com/checkout/4795](https://www.factmr.com/checkout/4795)** **Key Question answered in the survey of Automotive Lighting market report:** - Sales and [Demand of Automotive Lighting](https://www.financedigest.com/lights-maker-signify-cuts-annual-outlook-on-lower-consumer-demand-china-woes.html "Lights maker Signify cuts annual outlook on lower consumer demand, China woes") - Growth of Automotive Lighting Market - [Market Analysis](https://www.financedigest.com/gaming-laptop-market-2022-outlook-current-and-future-industry-landscape-analysis-2029.html "Gaming Laptop Market 2022 Outlook, Current and Future Industry Landscape Analysis 2029") of Automotive Lighting - Market Insights of Automotive Lighting - Key Drivers Impacting the Automotive Lighting market - Which are the Key drivers impacted by Automotive Lighting market - Restraints Shaping Market Growth - Market Survey of Automotive Lighting **More Valuable Insights on Automotive Lighting Market** Fact.MR, in its new report, offers an unbiased Market Analysis of Automotive Lighting, Sales and Demand of Automotive Lighting, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria. **Explore Fact.MR’s Comprehensive Coverage on Automotive Domain:** **[Ground Support Equipment Tires Market](https://www.factmr.com/report/ground-support-equipment-tires-market)** **–** **Global Industry Analysis and Opportunity Assessment 2021 – 2031** **[Automotive Steering Rack Market](https://www.factmr.com/report/automotive-steering-rack-market)** **–** **Global Industry Analysis and Opportunity Assessment 2021 – 2031** **[Automotive Steering Shaft Market](https://www.factmr.com/report/automotive-steering-shaft-market)** **–** **Global Industry Analysis and Opportunity Assessment 2021 – 2031** **About Us:** Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner. **Contact:** **US Sales Office:** 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583 **Corporate Headquarter:** Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates **Email:** [sales@factmr.com](mailto:sales@factmr.com) **Visit Our Website:** [https://www.factmr.com](https://www.factmr.com/) The post Automotive Lighting Market: Opportunity Analysis and Industry Forecast up to 2031 appeared first on The Tribune City. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---