Reports

Global Automotive Lighting Market: By Technology: Halogens, Xenon/HID, LED, Others; By Vehicle Type: Passenger Vehicles, Commercial Vehicles, Electric Vehicles; By Application; By Sales Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Automotive Lighting Market Outlook

The global automotive lighting market reached a value of about USD 28.6 billion in 2021. The industry is further estimated to grow at a CAGR of 6.10% in the forecast period of 2023-2028 to reach a value of around USD 40.8 billion by 2027.

 

Global Automotive Lighting Market

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LED Technology to Bolster the Market Growth of Automotive Lighting

The increasing penetration of light-emitting diodes in automotive lighting systems is driving the growth of the automotive lighting industry. In addition, the expanding adoption of LED lights due to their longer life by automotive manufacturers is contributing to the steady growth of the market. The increasing demands for energy-efficient electric cars and the utilisation of LED lights in them are accelerating the development of the automotive lighting industry. Moreover, the rising appeal of LED lights over conventional halogen lamps is because they offer brighter illumination and the emerging awareness about the importance of visibility for enhanced safe driving.

Further, the growing inclination of customers towards LED lights can also be attributed to the fact that it generates less heat and is energy efficient, thereby fuelling the industry growth. Over the forecast period, the innovative lighting designs provided by LED lights that enhance the aesthetics of automobiles are expected to aid the automotive lighting industry.

 

The Asia Pacific to Account for a Substantial Market Share in the Automotive Lighting Industry

The growing inclination of customers towards the advanced lighting systems in the vehicles and the increasing production of automobiles coupled with the incorporation of lights as a stock feature by manufacturers are significantly catalysing the development of the automotive lighting industry in the Asia Pacific region. In addition, the government measures towards protecting the lives of passengers and pedestrians are leading the market growth of the automotive lighting.

 

Automotive Lighting: Market Segmentation

Automotive lighting refers to the signalling or lighting devices integrated at the front, rear, side, and interior of a vehicle. It is used to illuminate the road ahead of an automobile to increase the drivers' visibility. The lights also help the pedestrians to see the position of vehicles and the intentions of drivers.

 

Global Automotive Lighting Market by Segments

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The automotive lighting industry, by technology, is divided into:

  • Halogens
  • Xenon/HID
  • LED
  • Others

Based on vehicle type, the market is segmented into:

  • Passenger Vehicles
  • Commercial Vehicles
  • Electric Vehicles

On the basis of application, the market is classified into:

  • Front Lighting
    • Headlights
    • Fog Lights
    • Daytime Running Lights (DRLs) 
  • Interior Lighting
    • Dashboard
    • Glove Box
    • Reading Lights
    • Dome Lights
  • Rear Lighting
    • Taillights
    • Centre High-Mount Stop Light (CHMSL) 
    • License Plate Lamp
  • Side Lighting
    • Sidelights
    • Side Rear View Mirror Indicator

Based on sales channel, the market is segmented into:

  • Original Equipment Manufacturers Products (OEMs Products)
  • Aftermarket Products

The regional markets for automotive lighting can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Automotive Lighting Market by Region

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Rising Technological Advancements to Drive the Market Growth of Automotive Lighting

The customers' growing demand for automobiles with advanced and innovative interior lighting features is bolstering the market for automotive lighting. In addition, the rising cases of road accidents due to adverse weather conditions are leading to the expanding demands for automotive lights, thereby augmenting the industry growth. As per reports, in 2019, the maximum increase in road accidents was due to foggy and misty weather conditions. The growing preference of customers for LED bulbs owing to their excellent performance and energy efficiency is fuelling the automotive lighting industry.

The measures taken by the governments to promote the use of lights in automotive to increase visibility are significantly catalysing the market. For instance, the Government of India made Automatic Headlamp mandatory for two-wheelers in 2017. The advancements in lighting technology such as laser lights and the novel light systems offered by the leading industry players are anticipated to stimulate the market for automotive lighting in the forecast period.

 

Key Industry Players in the Global Automotive Lighting Market

The report gives a detailed analysis of the following key players in the global automotive lighting market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • HELLA GmbH & Co. KGaA
  • Valeo SA
  • OSRAM GmbH 
  • Hyundai Mobis Co.,Ltd.
  • Marelli Automotive Lighting Reutlingen (Germany) GmbH 
  • KOITO MANUFACTURING CO., LTD. 
  • STANLEY ELECTRIC CO., LTD.
  • Koninklijke Philips N.V.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment

  • Technology
  • Vehicle Type
  • Application
  • Sales Channel
  • Region
Breakup by Technology
  • Halogens
  • Xenon/HID
  • LED
  • Others
Breakup by Vehicle Type
  • Passenger Vehicles
  • Commercial Vehicles
  • Electric Vehicles
Breakup by Application
  • Front Lighting
    • Headlights
    • Fog Lights
    • Daytime Running Lights (DRLs) 
  • Interior Lighting
    • Dashboard
    • Glove Box
    • Reading Lights
    • Dome Lights
  • Rear Lighting
    • Taillights
    • Centre High-Mount Stop Light (CHMSL) 
    • License Plate Lamp
  • Side Lighting
    • Sidelights
    • Side Rear View Mirror Indicator
Breakup by Sales Channel
  • Original Equipment Manufacturers Products (OEMs Products)
  • Aftermarket Products
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Price and Demand
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Price Analysis
  • Historical Price Trends
  • Forecast Price Trends
Competitive Landscape
  • Market Structure,
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • HELLA GmbH & Co. KGaA
  • Valeo SA
  • OSRAM GmbH 
  • Hyundai Mobis Co.,Ltd.
  • Marelli Automotive Lighting Reutlingen (Germany) GmbH 
  • KOITO MANUFACTURING CO., LTD. 
  • STANLEY ELECTRIC CO., LTD.
  • Koninklijke Philips N.V.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Automotive Lighting Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Automotive Lighting Historical Market (2018-2022) 
    8.3    Global Automotive Lighting Market Forecast (2023-2028)
    8.4    Global Automotive Lighting Market by Technology
        8.4.1    Halogens
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Xenon/HID
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    LED
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)
        8.4.4    Others
    8.5    Global Automotive Lighting Market by Vehicle Type
        8.5.1    Passenger Vehicles
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Commercial Vehicles
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Electric Vehicles
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
    8.6    Global Automotive Lighting Market by Application
        8.6.1    Front Lighting
            8.6.1.1    Historical Trend (2018-2022)
            8.6.1.2    Forecast Trend (2023-2028)
            8.6.1.3    Breakup by Type
                8.6.1.3.1    Headlights
                8.6.1.3.2    Fog Lights
                8.6.1.3.3    Daytime Running Lights (DRLs)
        8.6.2    Interior Lighting
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
            8.6.2.3    Breakup by Type
                8.6.2.3.1    Dashboard
                8.6.2.3.2    Glove Box
                8.6.2.3.3    Reading Lights
                8.6.2.3.4    Dome Lights
        8.6.3    Rear Lighting
            8.6.3.1    Historical Trend (2018-2022)
            8.6.3.2    Forecast Trend (2023-2028)
            8.6.3.3    Breakup by Type
                8.6.3.3.1    Taillights
                8.6.3.3.2    Centre High-Mount Stop Light (CHMSL) 
                8.6.3.3.3    License Plate Lamp
        8.6.4    Side Lighting
            8.6.4.1    Historical Trend (2018-2022)
            8.6.4.2    Forecast Trend (2023-2028)
            8.6.4.3    Breakup by Type
                8.6.4.3.1    Sidelights
                8.6.4.3.2    Side Rear View Mirror Indicator 
    8.7    Global Automotive Lighting Market by Sales Channel
        8.7.1    Original Equipment Manufacturers Products (OEMs Products)
            8.7.1.1    Historical Trend (2018-2022)
            8.7.1.2    Forecast Trend (2023-2028)
        8.7.2    Aftermarket Products
            8.7.2.1    Historical Trend (2018-2022)
            8.7.2.2    Forecast Trend (2023-2028)
    8.8    Global Automotive Lighting Market by Region     
      8.8.1    North America
          8.8.1.1    Historical Trend (2018-2022) 
          8.8.1.2    Forecast Trend (2023-2028)
      8.8.2    Europe
          8.8.2.1    Historical Trend (2018-2022) 
          8.8.2.2    Forecast Trend (2023-2028)
      8.8.3    Asia Pacific
          8.8.3.1    Historical Trend (2018-2022) 
          8.8.3.2    Forecast Trend (2023-2028)
      8.8.4    Latin America
          8.8.4.1    Historical Trend (2018-2022) 
          8.8.4.2    Forecast Trend (2023-2028)
      8.8.5    Middle East and Africa
          8.8.5.1    Historical Trend (2018-2022) 
          8.8.5.2    Forecast Trend (2023-2028)
9    North America Automotive Lighting Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Automotive  Lighting Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5   Others
11    Asia Pacific Automotive Lighting Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Automotive Lighting Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa  Automotive Lighting Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis 
16    Trade Data Analysis (HS Code- 851220)
    16.1    Major Exporting Countries
        16.1.1    By Value
        16.1.2    By Volume
    16.2    Major Importing Countries
        16.2.1    By Value
        16.2.2    By Volume 
17    Price Analysis
    17.1    North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.2    Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.3    Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.4    Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.5    Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
18     Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    HELLA GmbH & Co. KGaA
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Valeo SA
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    OSRAM GmbH 
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Hyundai Mobis Co.,Ltd.
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Marelli Automotive Lighting Reutlingen (Germany) GmbH 
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    KOITO MANUFACTURING CO., LTD. 
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    STANLEY ELECTRIC CO., LTD.
            18.2.7.1    Company Overview
            18.2.7.2    Product Portfolio
            18.2.7.3    Demographic Reach and Achievements
            18.2.7.4    Certifications
        18.2.8    Koninklijke Philips N.V.
            18.2.8.1    Company Overview
            18.2.8.2    Product Portfolio
            18.2.8.3    Demographic Reach and Achievements
            18.2.8.4    Certifications
        18.2.9    Others
19    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global Automotive Lighting Market: Key Industry Highlights, 2018 and 2028
2.    Global Automotive Lighting Historical Market: Breakup by Technology (USD Billion), 2018-2022
3.    Global Automotive Lighting Market Forecast: Breakup by Technology (USD Billion), 2023-2028
4.    Global Automotive Lighting Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2022
5.    Global Automotive Lighting Market Forecast: Breakup by Vehicle Type (USD Billion), 2023-2028
6.    Global Automotive Lighting Historical Market: Breakup by Application (USD Billion), 2018-2022
7.    Global Automotive Lighting Market Forecast: Breakup by Application (USD Billion), 2023-2028
8.    Global Automotive Lighting Historical Market: Breakup by Sales Channel (USD Billion), 2018-2022
9.    Global Automotive Lighting Market Forecast: Breakup by Sales Channel (USD Billion), 2023-2028
10.    Global Automotive Lighting Historical Market: Breakup by Region (USD Billion), 2018-2022
11.    Global Automotive Lighting Market Forecast: Breakup by Region (USD Billion), 2023-2028
12.    North America Automotive Lighting Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    North America Automotive Lighting Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Europe Automotive Lighting Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Europe Automotive Lighting Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Asia Pacific Automotive Lighting Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Asia Pacific Automotive Lighting Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Latin America Automotive Lighting Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Latin America Automotive Lighting Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Middle East and Africa Automotive Lighting Historical Market: Breakup by Country (USD Billion), 2018-2022
21.    Middle East and Africa Automotive Lighting Market Forecast: Breakup by Country (USD Billion), 2023-2028
22.    Major Exporting Countries by Value
23.    Major Importing Countries by Value
24.    Major Exporting Countries by Volume
25.    Major Importing Countries by Volume
26.    North America Historical Price Trends and Forecast 2018-2028
27.    Europe Historical Price Trends and Forecast 2018-2028
28.    Asia Pacific Historical Price Trends and Forecast 2018-2028
29.    Latin America Historical Price Trends and Forecast 2018-2028
30.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
31.    Global Automotive Lighting Market Structure

Key Questions Answered in the Report

What was the global automotive lighting market size in 2021?

In 2021, the global automotive lighting market attained a value of nearly USD 28.6 billion.

What is the growth rate of the market?

The market is estimated to grow at a CAGR of 6.10% between 2023 and 2028.

What is the forecast outlook of the market for 2023-2028?

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach almost USD 40.8 billion by 2027.

What are the major industry drivers?

The major industry drivers are growing adoption of vehicles, rising safety concerns and need for enhanced driving experience, and adverse weather conditions.

What are the key industry trends of the global automotive lighting market?

The key industry trends guiding the market growth include increasing cases of road accidents, government measures, and advancements in lighting technologies.

What are the major regional markets of automotive lighting, according to the EMR report?

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the different market divisions, based on technology?

The different market divisions, based on technology, include halogens, xenon/HID, and LED, among others.

What are the significant market divisions, based on vehicle type?

The significant market divisions, based on vehicle type, include passenger vehicles, commercial vehicles, and electric vehicles.

What are the various applications of the product?

The various applications of the product are front lighting, interior lighting, rear lighting, and side lighting.

What are the major market divisions, based on sales channel?

The major market divisions, based on sales channel, include original equipment manufacturers products (OEMs Products) and aftermarket products.

Who are the key industry players, according to the report?

The major players in the industry are HELLA GmbH & Co. KGaA, Valeo SA, OSRAM GmbH, Hyundai Mobis Co.,Ltd., Marelli Automotive Lighting Reutlingen (Germany) GmbH, KOITO MANUFACTURING CO., LTD., STANLEY ELECTRIC CO., LTD., and Koninklijke Philips N.V., among others.

Analyst Review

The global automotive lighting market attained a value of nearly USD 28.6 billion in 2021, driven by the rising cases of road accidents. Aided by the technological advancements in lighting systems, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6.10%. The market is estimated to reach about USD 40.8 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The automotive lighting industry, by technology, is divided into halogens, xenon/HID, and LED, among others. Based on vehicle type, the market is segmented into passenger vehicles, commercial vehicles, and electric vehicles. On the basis of application, the market is classified into front lighting, interior lighting, rear lighting, and side lighting. Based on sales channel, the market is segmented into original equipment manufacturers products (OEMs Products) and aftermarket products. The major regional markets for automotive lighting are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include HELLA GmbH & Co. KGaA, Valeo SA, OSRAM GmbH, Hyundai Mobis Co.,Ltd., Marelli Automotive Lighting Reutlingen (Germany) GmbH, KOITO MANUFACTURING CO., LTD., STANLEY ELECTRIC CO., LTD., and Koninklijke Philips N.V., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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