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Global Automotive lighting Market Opportunities and Forecast 2023-2030
Global Automotive Lighting Market, By Vehicle Type (Passenger, Commercial) By Application (Front lighting, Rear lighting, Interior lighting, Side lighting) By Technology (Halogen, Xenon, LED) By Product Scale (OEMs Product, Aftermarket Product), and opportunities and forecast 2023-2030
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
2019–2027
Base year considered
2019
Forecast period
2020–2027
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
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?
A. 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?
A. 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?
A. 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?
A. The Asia Pacific held the largest share in the global Automotive Lighting market
Q5. Which are the prominent players in the Automotive Lighting Market?
A. 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.
Automotive Lighting Market Study Global Market Analysis, Insights and Forecast, 2020-2027
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
*Similar details will be provided for the following companies
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
List of Figures
Figure 1: Global Automotive lighting Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Automotive lighting Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Automotive lighting Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Automotive lighting Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America lighting Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Automotive lighting Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Automotive lighting Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Automotive lighting Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Automotive lighting Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Automotive lighting Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Automotive lighting Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Automotive lighting Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Automotive lighting Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Automotive lighting Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027