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Global Automotive Lighting Market

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Automotive Lighting Market By Technology (Halogen, Xenon/HID, and LED) By Application (Front Light, Rear Light, Side Light, and Interior Light) By Sales Channel (Original Equipment Manufacturers (OEMs) and Aftermarket) By Vehicle Type (Passenger Car and Commercial Vehicle) and By Geography: Global trends, opportunities and forecast – 2020 to 2027

Categories: Automotive, Component
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Description

Category: Automotive

Sub-Category: Component

Price: $3,750

The Global Automotive Lighting market was estimated to be USD 25,896.34 million in 2019 and is anticipated to grow at a CAGR of 7.8% from 2020 to 2027. Lighting in automotive plays a vital role in providing the driver with illumination. For instance, automotive lighting helps pedestrians to identify the position of the vehicle and location to avoid the accident. Lighting also provides an appealing look for both the outer and inner parts of the vehicle. For the past many years, auxiliary lights fitted with halogen and xenon have been used in the front of the vehicle headlamps. In the current automotive industry, LED lights are widely used due to their high performance and long life.

The growth factors of automotive lighting market include growing concern for road safety, an increase in government regulation, and an increase in disposable income have led to the growth of the market during the forecast period. Besides, an increase in the demand of the vehicle coupled with the advancement in the technology has led to the growth of the market during the forecast period.

Growing concern for the road safety

In recent times, there has been an increase in road safety concerns due to distracted driver pose and road traffic injuries. The increase in demand for adaptive lighting systems along with advance lighting technology has been used to limit road accidents worldwide. The advanced lighting technology such as the adaptive front light system automatically adjusts the beam of the headlamp to lighten up the road at a wide range to make it easier for the driver to focus on the road. The advance lighting technology will hence result in the growth of the automotive lighting market. According to The Royal Society for the Prevention of Accidents (RoSPA), driving at night hours especially 7 pm and 8 am contributes only a quarter of all the travel by the car, yet it contributes to 40% of the fatal accident. The pedestrian and the roads with limited visibility result in the increasing number of accidents. Hence, the limited number of street lights will increase the demand for the automotive lighting market to reduce fatal accidents.

Key Insight in the report:

The Global Automotive Lighting market report covers Executive Summary, Market Dynamics, Trend Analysis, Market Size and Forecast, Competitive Intelligence, Market Positioning, Application Benchmarking, and Opportunity Analysis.

The report covers extensive competitive intelligence which include following data points:

  • Business Overview
  • Business Model
  • Financial Data
  • Financial – Existing
  • Financial – Funding
  • Application Segment Analysis and specification
  • Recent Development and Company Strategy Analysis
  • SWOT Analysis

The report covers market sizing and forecasting at the country level as well as at the segment level. Automotive Lighting Market is analyzed across below-mentioned different segments:

Technology Sales Channel Application Vehicle Type
Halogen Original Equipment Manufacturers (OEMs) Front Light Passenger Car
Xenon/HID Aftermarket Rear Light Commercial Vehicle
LED Side Light
Interior Light

 

Based on technology, the LED market is anticipated to account for the largest market share

The LED segment is anticipated to account for the largest market share during the forecast period due to its adaptive lighting technology which includes automatic adjustment of the illuminating the road ahead. The LED headlights are most efficient as compared to conventional lighting resulting in more light with less heat production. The LED lights convert about 80% of light and 20% of heat which is wasted as compared to conventional light which possesses 20% of light and 80% of heated wasted. Hence, most of the vehicles now are equipped with LED light which will hence result in the growth of the market during the forecast period.

Based on Vehicle Type, Passenger car accounts for the largest market share during the forecast period

The increase in demand for advance technology-based automotive lighting has resulted in the growth of the passenger car segment. The growing consumer demand for passenger cars has resulted in the increased production of the vehicles. The increased production of passenger car s has resulted in the growing deployment of the lighting system in the interior & exterior of the vehicles. These vehicle types contribute to the highest consumption of LED-based lighting systems across the globe. This type of lighting system has various benefits such as high performance, flexibility in design, and longer lighting life. Hence, these enhanced benefits will result in the growth of the passenger car segment during the forecast period.

Automotive Lighting Market is also analyzed across below-mentioned regions/countries

The Asia Pacific region dominated the automotive lighting market in 2019 and is expected to grow at a CAGR of 7.5% during the forecast period. The region is expected to grow at a rapid pace due to the presence of prominent key manufacturers in emerging economies such as India, China, and Japan. In the Asia Pacific, the presence of major automotive lighting manufacturers such as Osram Continental GmbH,         Koito Manufacturing Co., Ltd., Hella GmbH & Co. among others has led to the growth of the automotive lighting market.

The U.S. is anticipated to grow at a CAGR of 4.3% during the forecast period. According to the National Highway Traffic Safety Administration (NHTSA) approximately 25% of vehicle travel is at night. However, about 52% of the driver fatalities and 71% of the pedestrian accidents occur during night driving when there is low visibility. Hence, the limited visibility of light will increase the demand for the automotive lighting market in the U.S.

The some of the key players in of Automotive Lighting Market include:

  • Koninklijke Philips N.V.
  • Valeo S.A.
  • Osram GmbH
  • Hella KGaA Hueck & Co.
  • Magneti Marelli S.p.A
  • DENSO Corporation
  • Hyundai Mobis
  • Stanley Electric Co. Ltd.
  • Koito Manufacturing Co. Ltd.
  • ROBERT BOSCH GmbH

REPORT CONTENT BRIEF:

  • High level analysis of the current and future market trends and opportunities
  • Detailed analysis on current market drivers, restraining factors, and opportunities in the future
  • Historic market size for year 2018, market estimates for 2019 and forecast from 2020 to 2027
  • Vendor market share analysis at each Sales Channel level
  • Competitor analysis with a detailed insight into its Sales Channel segment, financial strength, and strategies adopted.
  • Identifies key strategies adopted including Sales Channel launches and developments, mergers and acquisitions, joint ventures, collaborations and partnerships as well as funding taken and investment done, among others.

 

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    Table of Content

    Chapter 1.   Executive Summary

    Chapter 2.   Scope Of The Study

                         2.1.   Market Definition

                         2.2.   Scope Of The Study

                                   2.2.1.   Objectives of Report

                                   2.2.2.   Limitations

                         2.3.   Market Structure

    Chapter 3.   Evolve BI Methodology

    Chapter 4.   Market Insights and Trends

                         4.1.   Supply/ Value Chain Analysis

                                   4.1.1.   Raw Technology Providers

                                   4.1.2.   Manufacturing Process

                                   4.1.3.   Distributors/Retailers

                                   4.1.4.   End Users

                         4.2.   Porter’s Five Forces Analysis

                                   4.2.1.   Threat Of New Entrants

                                   4.2.2.   Bargaining Power Of Buyers

                                   4.2.3.   Bargaining Power Of Suppliers

                                   4.2.4.   Threat Of Substitutes

                                   4.2.5.   Industry Rivalry

                         4.3.   Sales Channel Overview

                         4.4.   Macro factor

                         4.5.   Micro Factor

    Chapter 5.   Market Dynamics

                         5.1.   Introduction

                         5.2.   DROC Analysis

                                   5.2.1.   Drivers

                                   5.2.2.   Restraints

                                   5.2.3.   Opportunities

                                   5.2.4.   Challenges

                         5.3.   Patent Analysis

                         5.4.   Industry Roadmap

                         5.5.   Parent/Peer Market Analysis

    Chapter 6.   Global Automotive Lighting Market, By Technology

                         6.1.   Introduction

                         6.2.   Halogen

                         6.3.   Xenon/HID

                         6.4.   LED

    Chapter 7.   Global Automotive Lighting Market, By Sales Channel

                         7.1.   Introduction

                         7.2.   Original Equipment Manufacturers (OEMs)

                         7.3.   Aftermarket

    Chapter 8.   Global Automotive Lighting Market, By Application

                         8.1.   Introduction

                         8.2.   Front Light

                         8.3.   Rear Light

                         8.4.   Side Light,

                         8.5.   Interior Light

    Chapter 9.   Global Automotive Lighting Market, By Vehicle Type

                         9.1.   Introduction

                         9.2.   Passenger Car

                         9.3.   Commercial Vehicle

    Chapter 10.   Global Automotive Lighting Market, By Region

                         10.1.   Introduction

                         10.2.   North America

                                   10.2.1.   Introduction

                                   10.2.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   10.2.3.   Market Size and Forecast, By Country, 2020 - 2027

                                   10.2.4.   Market Size and Forecast, By Technology, 2020 - 2027

                                   10.2.5.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                   10.2.6.   Market Size and Forecast, By Application, 2020 – 2027

                                   10.2.7.   Market Size and Forecast, By Vehicle Type, 2020 – 2027

                                   10.2.8.   US

                                                  10.2.8.1.   Introduction

                                                  10.2.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.2.8.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.2.8.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.2.8.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.2.8.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                                   10.2.9.   Canada

                                                  10.2.9.1.   Introduction

                                                  10.2.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.2.9.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.2.9.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.2.9.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.2.9.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                         10.3.   Europe

                                   10.3.1.   Introduction

                                   10.3.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   10.3.3.   Market Size and Forecast, By Country, 2020 - 2027

                                   10.3.4.   Market Size and Forecast, By Technology, 2020 - 2027

                                   10.3.5.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                   10.3.6.   Market Size and Forecast, By Application, 2020 – 2027

                                   10.3.7.   Market Size and Forecast, By Vehicle Type, 2020 – 2027

                                   10.3.8.   Germany

                                                  10.3.8.1.   Introduction

                                                  10.3.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.3.8.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.3.8.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.3.8.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.3.8.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                                   10.3.9.   France

                                                  10.3.9.1.   Introduction

                                                  10.3.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.3.9.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.3.9.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.3.9.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.3.9.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                                   10.3.10.   UK

                                                  10.3.10.1.   Introduction

                                                  10.3.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.3.10.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.3.10.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.3.10.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.3.10.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                                   10.3.11.   Nordic Region

                                                  10.3.11.1.   Introduction

                                                  10.3.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.3.11.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.3.11.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.3.11.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.3.11.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                                   10.3.12.   Rest Of Europe

                                                  10.3.12.1.   Introduction

                                                  10.3.12.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.3.12.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.3.12.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.3.12.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.3.12.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                         10.4.   Asia-Pacific

                                   10.4.1.   Introduction

                                   10.4.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   10.4.3.   Market Size and Forecast, By Country, 2020 - 2027

                                   10.4.4.   Market Size and Forecast, By Technology, 2020 - 2027

                                   10.4.5.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                   10.4.6.   Market Size and Forecast, By Application, 2020 – 2027

                                   10.4.7.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                                   10.4.8.   China

                                                  10.4.8.1.   Introduction

                                                  10.4.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.4.8.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.4.8.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.4.8.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.4.8.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                                   10.4.9.   India

                                                  10.4.9.1.   Introduction

                                                  10.4.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.4.9.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.4.9.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.4.9.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.4.9.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                                   10.4.10.   Japan

                                                  10.4.10.1.   Introduction

                                                  10.4.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.4.10.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.4.10.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.4.10.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.4.10.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                                   10.4.11.   South Korea

                                                  10.4.11.1.   Introduction

                                                  10.4.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.4.11.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.4.11.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.4.11.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.4.11.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                                   10.4.12.   Rest Of Asia-Pacific

                                                  10.4.12.1.   Introduction

                                                  10.4.12.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.4.12.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                                  10.4.12.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                                  10.4.12.5.   Market Size and Forecast, By Application, 2020 – 2027

                                                  10.4.12.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

                         10.5.   Rest Of The World (RoW)

                                   10.5.1.   Introduction

                                   10.5.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   10.5.3.   Market Size and Forecast, By Technology, 2020 - 2027

                                   10.5.4.   Market Size and Forecast, By Sales Channel, 2020 - 2027

                                   10.5.5.   Market Size and Forecast, By Application, 2020 – 2027

                                   10.5.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2027

    Chapter 11.   Company Landscape

                         11.1.   Introduction

                         11.2.   Vendor Share Analysis

                         11.3.   Key Development Analysis

                         11.4.   Competitor Dashboard

    Chapter 12.   Company Profiles

                         12.1.   Koninklijke Philips N.V.

                                   12.1.1.   Business Overview

                                   12.1.2.   Financial Analysis

                                                  12.1.2.1.   Financial – Existing/Funding

                                   12.1.3.   Application Portfolio

                                   12.1.4.   Recent Development and Strategies Adopted

                                   12.1.5.   SWOT Analysis

                         12.2.   Valeo S.A.

                                   12.2.1.   Business Overview

                                   12.2.2.   Financial Analysis

                                                  12.2.2.1.   Financial – Existing/Funding

                                   12.2.3.   Application Portfolio

                                   12.2.4.   Recent Development and Strategies Adopted

                                   12.2.5.   SWOT Analysis

                        12.3.   OSRAM GmbH

                                   12.3.1.   Business Overview

                                   12.3.2.   Financial Analysis

                                                  12.3.2.1.   Financial – Existing/Funding

                                   12.3.3.   Application Portfolio

                                   12.3.4.   Recent Development and Strategies Adopted

                                   12.3.5.   SWOT Analysis

                         12.4.   Hella KGaA Hueck & Co.

                                   12.4.1.   Business Overview

                                   12.4.2.   Financial Analysis

                                                  12.4.2.1.   Financial – Existing/Funding

                                   12.4.3.   Application Portfolio

                                   12.4.4.   Recent Development and Strategies Adopted

                                   12.4.5.   SWOT Analysis

                         12.5.   Magneti Marelli S.p.A

                                   12.5.1.   Business Overview

                                   12.5.2.   Financial Analysis

                                                  12.5.2.1.   Financial – Existing/Funding

                                   12.5.3.   Application Portfolio

                                   12.5.4.   Recent Development and Strategies Adopted

                                   12.5.5.   SWOT Analysis

                         12.6.   DENSO Corporation

                                   12.6.1.   Business Overview

                                   12.6.2.   Financial Analysis

                                                  12.6.2.1.   Financial – Existing/Funding

                                   12.6.3.   Application Portfolio

                                   12.6.4.   Recent Development and Strategies Adopted

                                   12.6.5.   SWOT Analysis

                         12.7.   Hyundai Mobis

                                   12.7.1.   Business Overview

                                   12.7.2.   Financial Analysis

                                                  12.7.2.1.   Financial – Existing/Funding

                                   12.7.3.   Application Portfolio

                                   12.7.4.   Recent Development and Strategies Adopted

                                   12.7.5.   SWOT Analysis

                         12.8.   Stanley Electric Co. Ltd.

                                   12.8.1.   Business Overview

                                   12.8.2.   Financial Analysis

                                                  12.8.2.1.   Financial – Existing/Funding

                                   12.8.3.   Application Portfolio

                                   12.8.4.   Recent Development and Strategies Adopted

                                   12.8.5.   SWOT Analysis

                         12.9.   Koito Manufacturing Co. Ltd.

                                   12.9.1.   Business Overview

                                   12.9.2.   Financial Analysis

                                                  12.9.2.1.   Financial – Existing/Funding

                                   12.9.3.   Application Portfolio

                                   12.9.4.   Recent Development and Strategies Adopted

                                   12.9.5.   SWOT Analysis

                         12.10.   ROBERT BOSCH GmbH

                                   12.10.1.   Business Overview

                                   12.10.2.   Financial Analysis

                                                  12.10.2.1.   Financial – Existing/Funding

                                   12.10.3.   Application Portfolio

                                   12.10.4.   Recent Development and Strategies Adopted

                                   12.10.5.   SWOT Analysis

    Chapter 13.   Key Takeaways

     

     

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    Report Code: EB_AT_232 | Page: 141 | Report Status: Upcoming All-Terrain Vehicle Market By Type (Utility ATV and Sport ATV) By Number of Wheels (Three-wheeler, Four-wheeler, Six-wheeler, and Eight-wheeler) By Fuel Type (Electric ATV and Gasoline ATVs) By Application (Sports, Entertainment, Agriculture, Military & Defense, Other Applications) and By Geography: Global trends, opportunities and forecast – 2020 to 2027
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    Evolvebi

    Transportation TVM Market Analysis and Forecast (2021-2028) with COVID Impact Analysis

    $ 3,475.00

    Transportation TVM Market by Product Type (Non-Cash, Cash, Hybrid), By Application (Subway Solutions, Parcel &Package, Railway Stations, Bus Stations) and By Geography – COVID-19 Impact Analysis, Post COVID Analysis, Opportunities, Trends and Forecast from 2021 to 2028

    Report Code: EB_A&T_462 | Page: 99 | Published Date: March 2021
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    Automotive Sensors Market

    $ 3,475.00
    Report Code: EB_AT_272| Page: 134 | Report Status: Upcoming Automotive Sensors Market By Type (Temperature, Pressure, Position, Speed, Motion, O2 Sensors, Gas, Image, and Others) By Application (Powertrain, Chassis, Body Electronics, Safety & Security, Telematics, and Others) By Vehicle Type (Passenger Cars, and Commercial Vehicles) By Geography: Global trends, opportunities and forecast – 2020 to 2027
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    HD Maps Market Analysis and Global Forecast (2021-2028) with COVID Impact Analysis

    $ 3,475.00

    Global HD Maps Market By Deployment (On-Cloud, On-Premise), By Component (Hardware, Software, Services), By Application (Automotive, Defense & Aerospace, and Others) and By Geography – COVID-19 Impact Analysis, Post COVID Analysis, Opportunities, Trends and Forecast from 2021 to 2028

    Report Code: EB_A&T_458 | Page: 157 | Published Date: June 2021
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    Blind Spot Object Detection System Market Analysis and Global Forecast (2019-2027)

    $ 3,475.00
    Blind Spot Object Detection System Market By Technology (Radar Sensor, Ultrasonic Sensor, and Camera/Optical) By Functioning (Automatic and Manual) By Vehicle Type (Passenger Cars and Commercial Vehicles) By End Market (OEM and Aftermarket) and By Geography: Global trends, opportunities and forecast – 2020 to 2026 Report Code: EB_AT_210 | Page: 114 | Published Date: Dec 2019
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    EV Battery Market Analysis and Global Forecast (2021-2028) with COVID Impact Analysis

    $ 3,475.00
    EV Battery Market By battery type (Lead-acid, Lithium-ion, Others), By Material type (Lithium, Cobalt, Manganese, Natural Graphite), By Vehicle Type (Passenger Cars, Vans/Light Trucks, Others) and By Geography – COVID-19 Impact Analysis, Post COVID Analysis, Opportunities, Trends and Forecast from 2021 to 2028 Report Code: EB_A&T_403 | Page: 99 | Published Date: March 2021
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    Automotive Textile Market Analysis and Global Forecast (2021-2027) with COVID Impact Analysis

    $ 3,475.00
    Automotive Textile Market By Product (Woven, Non-Woven, Composites), By Application(Floor Covering, Upholstery, Pre-Assembled Interior Application, Others), By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Trucks, Buses & Coaches) and By Geography – COVID-19 Impact Analysis, Post COVID Analysis, Opportunities, Trends and Forecast from 2021 to 2027 Report Code: EB_LS_442 | Page: 125 | Report Status: May 2021
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