Automotive Lighting

Automotive Lighting Market Size Valuation To Exceed US$ 31.46 Bn by 2027 Automotive Lighting Market (By Technology: Xenon/HID, Halogen, and LED; By Product Sale: Aftermarket Products and Original Equipment Manufacturers (OEMs); By Vehicle Type: ICE and Electric Vehicle, BEV, and PHEV); By Application: Rear Lighting, Front/Headlamps, Side, and Interior Lighting) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 - 2027

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The automotive lighting market is expected to exhibit a CAGR of 6.4% from 2020 to 2027 and is projected to reach US$ 31.46 Billion by 2027, according to a 2021 study by Precedence Research, the Canada based market insight company.

The report contains 150+ pages with detailed analysis. The study provides the overall revenue of the global automotive lighting market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year.

The global automotive lighting market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the automotive lighting industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

We customize your report according to your research need. REQUEST CUSTOMIZED COPY OF REPORT (Including TOC, List of Tables & Figures, and Chart) @ https://www.precedenceresearch.com/customization/1079

Growth Factors

Growing emphasis towards road safety along with stringent government norms regarding vehicle illumination are some of the most prominent factors that drives the market growth. Rising demand for adaptive and efficient lighting system to provide optimum illumination on-road significantly triggers the advancement in lighting technology. Proper vehicle lighting system can also prevent road accidents that occur due to visibility error in harsh environment. As per World Health Organization (WHO) report, an average 1.25 million people die every year due to road accidents. In addition, insufficient visibility was accounted as the prime factor for increasing number of road accidents worldwide. In the wake of same, governments of various regions have formulated effective regulations related to the application of lighting systems in an automobile. For instance, the European Union (EU) has mandated the implementation of Daytime Running Lights (DRL) in the region owing to unfavorable weather conditions. However, high installation cost of LED lights expected to restrict the market growth.

Report Highlights

  • The Asia Pacific dominated the global automotive lighting market in 2019 and expected to exhibit the highest growth over the analysis period. This is mainly due to the high sales of passenger vehicles in the region. In addition, rising number of road accidents in the region are likely to boost the aftermarket sales of automotive lighting in the region.
  • Europe anticipated witnessing steady growth in the coming years because of increasing adoption in the interior lights, reverse, brake, and signal indicators. Furthermore, environment regulations in the region mandate the deployment of LEDs for various applications.
  • The front/headlamps application segment projected to register significant growth aspect during the forecast period. This is mainly because of rising advancement in the headlamps coupled with incorporation LED technology in the front view lighting sector.
  • By vehicle type, electric vehicle anticipated to grow at a significant rate during the analysis period. Governments of various regions have taken significant initiatives for the adoption of electric vehicle to reduce the carbon footprint and improve the air quality are the major factors that propel the growth of the segment.

Regional Snapshots

The Asia Pacific is the most attractive region in the global automotive lighting market that accounted for maximum revenue share of around 40% in 2019 and also exhibits the rapid growth over the analysis period. The significant growth of the region is mainly due to increasing demand for passenger vehicles in the region. High disposable income along with prominent growth in Gross Domestic Product (GDP) of various Asian countries offers significant growth prospect for the passenger cars in the Asia Pacific region, thereby propelling the growth of automotive lights in the region. China, India, Taiwan, and Japan are the major manufacturing hubs for automotive sector, thus propel the growth of automotive lights production in the region.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global automotive lighting market are as follows:

  • DENSO Corporation
  • HellaKGaAHueck& Co.
  • Hyundai Mobis
  • Valeo
  • Koito Manufacturing Co. Ltd.
  • OsramLicht AG
  • Koninklijke Philips N.V.
  • Stanley Electric Co. Ltd.
  • ROBERT BOSCH GmbH
  • ZizalaLichtsysteme GmbH

Market Segmentation

By Technology

  • LED
  • Halogen
  • Xenon/HID

By Product Sale

  • Aftermarket Products
  • Original Equipment Manufacturers (OEMs)

By Vehicle Type

  • ICE
    • Commercial Vehicle
    • Passenger Vehicle
  • Electric Vehicle
    • Hybrid Electric Vehicle (HEV)
    • Battery Electric Vehicle (BEV)
    • Plug-in Hybrid Electric Vehicle (PHEV)

By Application

  • Front/Headlamps
  • Side
  • Rear Lighting
  • Interior Lighting

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global automotive lighting market. It examines trends and factors influencing demand for automotive lighting globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for automotive lighting across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on automotive lighting. The report offers an estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global automotive lighting market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for automotive lighting are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Automotive Lighting Market, By Technology

7.1. Automotive Lighting Market, by Technology Type, 2020-2027
7.1.1. LED
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Halogen
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Xenon/HID
7.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Automotive Lighting Market, By Product Sale

8.1. Automotive Lighting Market, by Product Sale, 2020-2027
8.1.1. Aftermarket Products
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Original Equipment Manufacturers (OEMs)
8.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Automotive Lighting Market, By Vehicle Type

9.1. Automotive Lighting Market, by Vehicle Type, 2020-2027
9.1.1. ICE (Commercial Vehicle, Passenger Vehicle)
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Electric Vehicle (Hybrid Electric Vehicle (HEV), Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV))
9.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Automotive Lighting Market, By Application

10.1. Automotive Lighting Market, by Application, 2020-2027
10.1.1. Front/Headlamps
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Side
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Rear Lighting
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Interior Lighting
10.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Automotive Lighting Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Technology (2016-2027)
11.1.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.1.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.1.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Technology (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.1.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Technology (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.1.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Technology (2016-2027)
11.2.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.2.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Technology (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Technology (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Technology (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Technology (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Technology (2016-2027)
11.3.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.3.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Technology (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Technology (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Technology (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Technology (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Technology (2016-2027)
11.4.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Technology (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Technology (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Technology (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Technology (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Technology (2016-2027)
11.5.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Technology (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.5.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Technology (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Product Sale (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.5.6.4. Market Revenue and Forecast, by Application (2016-2027)

Chapter 12. Company Profiles

12.1. DENSO Corporation
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. HellaKGaAHueck& Co.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Hyundai Mobis
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Valeo
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Koito Manufacturing Co. Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. OsramLicht AG
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Koninklijke Philips N.V.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Stanley Electric Co. Ltd.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. ROBERT BOSCH GmbH
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. ZizalaLichtsysteme GmbH
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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