Global Automotive Lighting Market
Segments - by Technologies (Halogen, LED, and Xenon), Adaptive Lightings (Front Adaptive Lighting [On/Off Function, Bending/Cornering, High Beam Assist, and Headlight Leveling], Rear Adaptive Lighting, and Ambient Lighting), Vehicle Types (Passenger Cars, Light Commercial Vehicles (LCVs), Buses, and Trucks), Applications (Exterior Lighting [Headlights, Fog Lights, Day Time Running Lights (DRLs), Taillights, Sidelights, and Centre High-mount Stop Lights (CHMSLs)] and Interior Lighting [Dashboard, Glovebox, Reading Lights, and Dome Lights]), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028
Lighting plays a crucial role in automotive vehicles, as it provides illumination to the drivers. Automotive lightings help pedestrians and other drivers to locate the vehicle on the road. The lighting contributes to the aesthetic appeal of the vehicle. Automotive lighting includes lighting and signaling devices of the vehicle. Lights are fixed on different parts of a vehicle, including the front, back, top, and the interiors. Halogen lights are usually used in a vehicle, due to low costs and easy availability. Increasing concerns about road safety and strict road regulations by governments are fueling the demand for automotive lighting. Rising population and disposable income of the people are boosting the demand for vehicles, which in turn, is driving the global automotive lighting market.
Market Trends, Drivers, Restraints, and Opportunities:
- Rising demand for vehicles and increasing implementation of rules and regulations set by regulatory bodies are driving the demand for automotive lighting, which in turn, is fueling the growth of the global automotive lighting market.
- High price of LED lights restrains the growth of the global automotive lights market.
- Development of new technologies in automotive lighting sector is expected to boost the growth of the global automotive lighting market in the future.
Scope of the report:
The report on the global automotive lighting market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
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Report Title |
Automotive Lighting Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018 & 2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Technologies (Halogen, LED, and Xenon), Adaptive Lightings (Front Adaptive Lighting [On/Off Function, Bending/Cornering, High Beam Assist, and Headlight Leveling], Rear Adaptive Lighting, and Ambient Lighting), Vehicle Types (Passenger Cars, Light Commercial Vehicles (LCVs), Buses, and Trucks), Applications (Exterior Lighting [Headlights, Fog Lights, Day Time Running Lights (DRLs), Taillights, Sidelights, and Centre High-mount Stop Lights (CHMSLs)] and Interior Lighting [Dashboard, Glovebox, Reading Lights, and Dome Lights]) |
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Regional Scope |
Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
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Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
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Key Players Covered |
Hella GmbH & Co., Osram GmbH., Valeo, Marelli Holdings Co., Ltd., Koninklijke Philips N.V., Robert Bosch GmbH, Hyundai Mobis, Koito Manufacturing Co., Ltd., Stanley Electric Co., Ltd., ZKW, and Tungsram Operations Kft |
Automotive Lighting Market Segment Insights:
LED light technology estimated to grow at a rapid pace
Based on technologies, the global automotive lights market is segmented as halogen, LED, and xenon. The LED segment is expected to grow at a rapid pace. Presently, all premium vehicles are installed with LED lights, as they have multiple benefits. The LED lights consume less power, have adaptive features and offer visual appeal. Furthermore, these lights are easy on the eyes of the driver driving in the opposite direction. Hence, LED lights are widely used in the automotive sector. Increasing number of vehicles with LED lights installed on them is fueling the growth of the market.
Passenger car to hold substantial market share
In terms of vehicle types, the global automotive lights market is fragmented as passenger cars, light commercial vehicle (LCVs), buses, and trucks. Passenger cars are expected to hold a significant market share during the forecast period. The passenger vehicles industry is witnessing innovative lighting techniques. Rising demand for passenger vehicles is expected to boost this segment. Growing sales of passenger vehicles and rising purchasing power of people are driving the growth of automotive lighting market in this segment.
Exterior lighting segment expected to grow during the forecast period
On the basis of applications, the global automotive lights market is classified as exterior lighting and interior lighting. The exterior lighting segment is expected to grow during the forecast period. Concerns about vehicular safety are rising with the growing number of vehicles on road. Exterior lighting is an important part of vehicular safety. Many countries have come up with strict regulations regarding exterior lighting, including its brightness and temperature. Need of exterior lighting for vehicle safety is driving the demand for the segment.
Asia Pacific dominates the global market
In terms of regions, the global automotive lighting market is split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Rapidly growing population and economies in Asia Pacific are driving the growth of the automotive industry, which in turn, is fueling the growth of the global automotive lighting market. China and Japan account for a major share in the market, due to high production and sales of vehicles in the countries. Furthermore, the automotive manufacturers in this region focus on producing technologically advanced vehicles, including the upgradation of lights, which in turn, is boosting the demand for automotive lighting in the Asia Pacific region. Growing sales of SUVs in emerging economies such as India is expected to drive the market in the forecast period. Demand for different types of automotive lighting is growing with rising demand for high-end and premium lighting.
Segments
By Technologies
- Halogen
- LED
- Xenon
By Adaptive Lightings
- Front Adaptive Lighting
- On/Off Function
- Bending/Cornering
- High Beam Assist
- Headlight Leveling
- Rear Adaptive Lighting
- Ambient Lighting
- Passenger Cars
- Light Commercial Vehicle (LCVs)
- Buses
- Trucks
By Applications
- Exterior Lighting
- Headlights
- Fog Lights
- Day Time Running Lights (DRLs)
- Taillights
- Sidelights
- Centre High-mount Stop Lights (CHMSLs)
- Interior Lighting
- Dashboard
- Glovebox
- Reading Lights
- Dome Lights
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
Key Players Covered
- Hella GmbH & Co.
- Osram GmbH.
- Valeo
- Marelli Holdings Co. Ltd.
- Koninklijke Philips N.V.
- Robert Bosch GmbH
- Hyundai Mobis
- Koito Manufacturing Co. Ltd.
- Stanley Electric Co. Ltd.
- ZKW
- Tungsram Operations Kft
Competitive Landscape
Key players in the automotive lighting market include Hella GmbH & Co., Osram GmbH., Valeo, Marelli Holdings Co., Ltd., Koninklijke Philips N.V., Robert Bosch GmbH, Hyundai Mobis, Koito Manufacturing Co., Ltd., Stanley Electric Co., Ltd., ZKW, and Tungsram Operations Kft. Mergers & acquisitions, collaborations, agreements, and partnerships are some strategies adopted by these players to strengthen their geographical presence in the world.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Lighting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Lighting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Lighting Market - Supply Chain
4.5. Global Automotive Lighting Market Forecast
4.5.1. Automotive Lighting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Lighting Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Automotive Lighting Market Absolute $ Opportunity
5. Global Automotive Lighting Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Automotive Lighting Market Size and Volume Forecast by Applications
5.3.1. Exterior Lighting
5.3.2. Interior Lighting
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Automotive Lighting Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Automotive Lighting Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Automotive Lighting Demand Share Forecast, 2019-2026
7. North America Automotive Lighting Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Automotive Lighting Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Automotive Lighting Market Size and Volume Forecast by Applications
7.4.1. Exterior Lighting
7.4.2. Interior Lighting
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Automotive Lighting Demand Share Forecast, 2019-2026
8. Latin America Automotive Lighting Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Automotive Lighting Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Automotive Lighting Market Size and Volume Forecast by Applications
8.4.1. Exterior Lighting
8.4.2. Interior Lighting
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Automotive Lighting Demand Share Forecast, 2019-2026
9. Europe Automotive Lighting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Automotive Lighting Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Automotive Lighting Market Size and Volume Forecast by Applications
9.4.1. Exterior Lighting
9.4.2. Interior Lighting
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Automotive Lighting Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive Lighting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Automotive Lighting Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Automotive Lighting Market Size and Volume Forecast by Applications
10.4.1. Exterior Lighting
10.4.2. Interior Lighting
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Automotive Lighting Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive Lighting Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Automotive Lighting Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Automotive Lighting Market Size and Volume Forecast by Applications
11.4.1. Exterior Lighting
11.4.2. Interior Lighting
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Automotive Lighting Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Automotive Lighting Market: Market Share Analysis
12.2. Automotive Lighting Distributors and Customers
12.3. Automotive Lighting Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Hella GmbH & Co.
12.4.2. Osram GmbH.
12.4.3. Valeo
12.4.4. Marelli Holdings Co. Ltd.
12.4.5. Koninklijke Philips N.V.
12.4.6. Robert Bosch GmbH
12.4.7. Hyundai Mobis
12.4.8. Koito Manufacturing Co. Ltd.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Lighting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Lighting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Lighting Market - Supply Chain
4.5. Global Automotive Lighting Market Forecast
4.5.1. Automotive Lighting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Lighting Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Automotive Lighting Market Absolute $ Opportunity
5. Global Automotive Lighting Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Automotive Lighting Market Size and Volume Forecast by Applications
5.3.1. Exterior Lighting
5.3.2. Interior Lighting
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Automotive Lighting Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Automotive Lighting Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Automotive Lighting Demand Share Forecast, 2019-2026
7. North America Automotive Lighting Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Automotive Lighting Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Automotive Lighting Market Size and Volume Forecast by Applications
7.4.1. Exterior Lighting
7.4.2. Interior Lighting
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Automotive Lighting Demand Share Forecast, 2019-2026
8. Latin America Automotive Lighting Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Automotive Lighting Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Automotive Lighting Market Size and Volume Forecast by Applications
8.4.1. Exterior Lighting
8.4.2. Interior Lighting
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Automotive Lighting Demand Share Forecast, 2019-2026
9. Europe Automotive Lighting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Automotive Lighting Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Automotive Lighting Market Size and Volume Forecast by Applications
9.4.1. Exterior Lighting
9.4.2. Interior Lighting
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Automotive Lighting Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive Lighting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Automotive Lighting Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Automotive Lighting Market Size and Volume Forecast by Applications
10.4.1. Exterior Lighting
10.4.2. Interior Lighting
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Automotive Lighting Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive Lighting Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Automotive Lighting Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Automotive Lighting Market Size and Volume Forecast by Applications
11.4.1. Exterior Lighting
11.4.2. Interior Lighting
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Automotive Lighting Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Automotive Lighting Market: Market Share Analysis
12.2. Automotive Lighting Distributors and Customers
12.3. Automotive Lighting Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Hella GmbH & Co.
12.4.2. Osram GmbH.
12.4.3. Valeo
12.4.4. Marelli Holdings Co. Ltd.
12.4.5. Koninklijke Philips N.V.
12.4.6. Robert Bosch GmbH
12.4.7. Hyundai Mobis
12.4.8. Koito Manufacturing Co. Ltd.
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