Automotive Lighting Market Overview
The global Automotive Lighting market is expected to be boosted by rising demand for systems that can calculate real-time data for the aviation industry during the forecast period.
With the introduction of passenger cars, we gained the independence and freedom of mobility to travel to various locations such as educational institutions, offices, hospitals, and remote areas, and vehicles became an essential part of daily life. However, as technological advancements and consumer disposable income increased, consumer demand and expenditure increased as well, resulting in increased spending on safety, comfort, and stylish features in vehicles. As a result, the automobile industry is significantly investing in new automotive technologies and potentially strong product sectors to attract target customers in order to meet market demand.
Therefore, increasing the production of passenger cars is one of the most prominent reasons for the development of the
global Automotive Lighting market
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Vehicle Type, Application, Technology, Product Scale, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | General Electric Co., Hella KGaA Hueck & Co, Hyundai Mobis, ICHIKOH INDUSTRIES LTD, Magneti Marelli S.p.A, OSRAM Licht Group, Royal Phillips Electronics, SAMSUNG ELECTRONICS Co., Ltd, Stanley Electric Co. Ltd, VALEO, Zizala Lichtsysteme GmbH, Koito Manufacturing Co., LTD. |
Covid-19 Impact on Automotive Lighting Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Automotive Lighting Market Segment Overview
Based on Technology, LED is one of the largest segments in the global Automotive Lighting market. LED lights are commonly installed in high-end automobiles due to their numerous advantages, including low power consumption, increased adaptability, and great aesthetic value. Furthermore, when compared to xenon lights, LED headlights have a lower impact on the driver on the opposite side, and as a result, this technology is generally recognised in the market. The segment's expansion is likely to be boosted by a rising number of newly manufactured vehicles equipped with LED lighting systems.
Automotive Lighting Market, By Vehicle Type
· Passenger
· Commercial
Automotive Lighting Market, By Application
· Front lighting
· Rear lighting
· Interior lighting
· Side lighting
Automotive Lighting Market, By Technology
· Halogen
· Xenon
· LED
Automotive Lighting Market, By Product Scale
· OEMs Product
· Aftermarket Product
Automotive Lighting Market Regional Overview
Geographically, Asia Pacific is estimated to be the largest market in the global automotive lighting market. This is because of the rapid consumer adoption and high sales of automobiles. Because of their huge domestic car production and sales, China and Japan have the greatest market shares. Furthermore, manufacturers in these countries place a high priority on technology improvements, which includes lighting, resulting in increased demand for vehicle lighting. The market would be boosted even further by rising consumer per capita income and strong SUV sales in emerging markets like India.
Automotive Lighting Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Automotive Lighting Market, Key Players
· General Electric Co.
· Hella KGaA Hueck & Co
· Hyundai Mobis
· ICHIKOH INDUSTRIES LTD
· Magneti Marelli S.p.A
· OSRAM Licht Group
· Royal Phillips Electronics
· SAMSUNG ELECTRONICS Co., Ltd
· Stanley Electric Co. Ltd
· VALEO
· Zizala Lichtsysteme GmbH
· Koito Manufacturing Co.,LTD
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Automotive Lighting market?
Increasing the production of passenger cars is one of the most prominent reasons for the development of the global Automotive Lighting market
Q2. Which Segments are covered in the Automotive Lighting Market report?
Vehicle Type, Application, Technology, Product Scale, and Region. these segments are covered in the Automotive Lighting market report
Q3. Which segment is projected to hold the largest share in the Automotive Lighting Market?
LED segment is projected to hold the largest share in the Automotive Lighting Market
Q4. Which region holds the largest share in the Automotive Lighting market?
The Asia Pacific held the largest share in the global Automotive Lighting market
Q5. Which are the prominent players in the Automotive Lighting Market?
General Electric Co., Hella KGaA Hueck & Co, Hyundai Mobis, ICHIKOH INDUSTRIES LTD, Magneti Marelli S.p.A, OSRAM Licht Group, Royal Phillips Electronics, SAMSUNG ELECTRONICS Co., Ltd, Stanley Electric Co. Ltd, VALEO, Zizala Lichtsysteme GmbH, Koito Manufacturing Co., LTD. are some key players in the Automotive Lighting Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Automotive Lighting Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 5.2.1. Passenger
- 5.2.2. Commercial
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Front lighting
- 5.3.2. Rear lighting
- 5.3.3. Interior lighting
- 5.3.4. Side lighting
- 5.4. Market Analysis, Insights and Forecast – By Technology
- 5.4.1. Halogen
- 5.4.2. Xenon
- 5.4.3. LED
- 5.5. Market Analysis, Insights and Forecast – By Product Scale
- 5.5.1. OEMs Product
- 5.5.2. Aftermarket Product
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Automotive Lighting Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 6.2.1. Passenger
- 6.2.2. Commercial
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Front lighting
- 6.3.2. Rear lighting
- 6.3.3. Interior lighting
- 6.3.4. Side lighting
- 6.4. Market Analysis, Insights and Forecast – By Technology
- 6.4.1. Halogen
- 6.4.2. Xenon
- 6.4.3. LED
- 6.5. Market Analysis, Insights and Forecast – By Product Scale
- 6.5.1. OEMs Product
- 6.5.2. Aftermarket Product
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Automotive Lighting Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 7.2.1. Passenger
- 7.2.2. Commercial
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Front lighting
- 7.3.2. Rear lighting
- 7.3.3. Interior lighting
- 7.3.4. Side lighting
- 7.4. Market Analysis, Insights and Forecast – By Technology
- 7.4.1. Halogen
- 7.4.2. Xenon
- 7.4.3. LED
- 7.5. Market Analysis, Insights and Forecast – By Product Scale
- 7.5.1. OEMs Product
- 7.5.2. Aftermarket Product
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Automotive Lighting Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 8.2.1. Passenger
- 8.2.2. Commercial
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Front lighting
- 8.3.2. Rear lighting
- 8.3.3. Interior lighting
- 8.3.4. Side lighting
- 8.4. Market Analysis, Insights and Forecast – By Technology
- 8.4.1. Halogen
- 8.4.2. Xenon
- 8.4.3. LED
- 8.5. Market Analysis, Insights and Forecast – By Product Scale
- 8.5.1. OEMs Product
- 8.5.2. Aftermarket Product
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Automotive Lighting Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 9.2.1. Passenger
- 9.2.2. Commercial
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Front lighting
- 9.3.2. Rear lighting
- 9.3.3. Interior lighting
- 9.3.4. Side lighting
- 9.4. Market Analysis, Insights and Forecast – By Technology
- 9.4.1. Halogen
- 9.4.2. Xenon
- 9.4.3. LED
- 9.5. Market Analysis, Insights and Forecast – By Product Scale
- 9.5.1. OEMs Product
- 9.5.2. Aftermarket Product
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. General Electric Co.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Hella KGaA Hueck & Co
- 10.6. Hyundai Mobis
- 10.7. ICHIKOH INDUSTRIES LTD
- 10.8. Magneti Marelli S.p.A
- 10.9. OSRAM Licht Group
- 10.10. Royal Phillips Electronics
- 10.11. SAMSUNG ELECTRONICS Co., Ltd
- 10.12. Stanley Electric Co. Ltd
- 10.13. VALEO
- 10.14. Zizala Lichtsysteme GmbH
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
