
Automotive Lighting Market
Description
The automotive lighting market, valued at USD 22.47 billion in 2023, is projected to grow to USD 36.71 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5.74% over the period. In 2017, the market had a revenue of USD 27.7 billion, driven primarily by exterior lighting, with headlamps contributing more than two-thirds of the total revenue. The sector is increasingly adopting LED technology, with the number of LEDs per vehicle expected to rise from €25 to €35 by 2023. Emerging µ-LED technology is anticipated to play a significant role in this segment. The market is dominated by major players such as Koito and Stanley from Japan, Magneti Marelli from Italy, Valeo from France, and Hella from Germany. Between 2016 and 2022, the market experienced a robust CAGR of 57%, reaching USD 35.9 billion by 2022. North America, Europe, and South Asia are the largest markets for automotive lighting, with growth driven by cities aiming to lower energy and labor costs.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
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)
Key players
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
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
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)
Key players
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
Table of Contents
- CHAPTER 1. Executive Summary
- CHAPTER 2. Scope of the Study
- 2.1. Market Definition
- 2.2. Market Scope & Segmentation
- 2.2.1. Objective of Report
- CHAPTER 3. Evolve BI Methodology
- 3.1. Data Collection & Validation Approach
- 3.2. Market Size Estimation and Forecast
- CHAPTER 4. Exclusive Analysis
- 4.1. Market Opportunity Score
- 4.1.1. Technology Segement – Market Opportunity Score
- 4.1.2. Sales Channel Segment – Market Opportunity Score
- 4.1.3. Vehicle TypeSegment – Market Opportunity Score
- 4.1.4. Application Segment – Market Opportunity Score
- 4.2. Key Market Influencing Indicators
- CHAPTER 5. Market Insights and Trends
- 5.1. Value Chain Analysis
- 5.1.1. Technology
- 5.1.2. Manufacturing Process
- 5.1.3. Distribution Channel
- 5.1.4. End User
- 5.2. Porter’s Five Forces Analysis
- 5.2.1. Bargaining Power of Buyers
- 5.2.2. Bargaining Power of Suppliers
- 5.2.3. Threat of New Entrant
- 5.2.4. Threat of Substitute
- 5.2.5. Industry Rivalry
- 5.3. COVID-19 Impact and Post COVID Scenario on Automotive Lighting Market
- 5.3.1. Impact of COVID-19
- 5.3.2. Government Support and Industry Revival Policies
- 5.3.3. Measures Taken by Companies to Mitigate Negative Impact
- 5.3.4. Post COVID Trend
- CHAPTER 6. MArket Dynamics
- 6.1. Introduction
- 6.2. Drivers
- 6.2.1. Driver 1
- 6.2.2. Driver 2
- 6.2.3. Driver 3
- 6.3. Restraints
- 6.3.1. Restraint 1
- 6.3.2. Restraint 2
- 6.4. Opportunity
- 6.4.1. Opportunity 1
- CHAPTER 7. Global Automotive Lighting Market, By Technology
- 7.1. Introduction
- 7.1.1. Halogen
- 7.1.2. Xenon/HID
- 7.1.3. LED
- CHAPTER 8. Global Automotive Lighting Market, By Sales Channel
- 8.1. Introduction
- 8.1.1. Original Equipment Manufacturers (OEMs)
- 8.1.2. Aftermarket
- CHAPTER 9. Global Automotive Lighting Market, By Vehicle Type
- 9.1. Introduction
- 9.1.1. Passenger Car
- 9.1.2. Commercial Vehicle
- CHAPTER 10. Global Automotive Lighting Market, By Application
- 10.1. Introduction
- 10.1.1 Front Light
- 10.1.2. Rear Light
- 10.1.3. Side Light
- 10.1.4. Interior Light
- CHAPTER 11. Global Automotive Lighting Market, By Region
- 11.1. Introduction
- 11.2. NORTH AMERICA
- 11.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.2.2. North America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.2.3. North America: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.2.4. North America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.2.5. North America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.6. US
- 11.2.6.1. US: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.2.6.2. US: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.2.6.3. US: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.2.6.4. US: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.7. CANADA
- 11.2.7.1. Canada: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.2.7.2. Canada: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.2.7.3. Canada: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.2.7.4. Canada: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.8. MEXICO
- 11.2.8.1. Mexico: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.2.8.2. Mexico: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.2.8.3. Mexico: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.2.8.4. Mexico: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3. Europe
- 11.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.3.2. Europe: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.3. Europe: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.3.4. Europe: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.3.5. Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.6. U.K.
- 11.3.6.1. U.K.: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.6.2. U.K.: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.3.6.3. U.K.: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.3.6.4. U.K.: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.7. GERMANY
- 11.3.7.1. Germany: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.7.2. Germany: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.3.7.3. Germany: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.3.7.4. Germany: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.8. FRANCE
- 11.3.8.1. France: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.8.2. France: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.3.8.3. France: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.3.8.4. France: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.9. ITALY
- 11.3.9.1. Italy: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.9.2. Italy: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.3.9.3. Italy: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.3.9.4. Italy: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.10. SPAIN
- 11.3.10.1. Spain: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.10.2. Spain: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.3.10.3. Spain: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.3.10.4. Spain: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.11. BENELUX
- 11.3.11.1. BeNeLux: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.11.2. BeNeLux: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.3.11.3. BeNeLux: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.3.11.4. BeNeLux: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.12. RUSSIA
- 11.3.12.1. Russia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.12.2. Russia: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.3.12.3. Russia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.3.12.4. Russia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.13. REST OF EUROPE
- 11.3.13.1. Rest of Europe: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.13.2. Rest of Europe: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.3.13.3. Rest of Europe: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.3.13.4. Rest of Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4. Asia Pacific
- 11.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.4.2. Asia Pacific: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.3. Asia Pacific: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.4.4. Asia Pacific: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.4.5. Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.6. CHINA
- 11.4.6.1. China: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.6.2. China: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.4.6.3. China: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.4.6.4. China: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.7. JAPAN
- 11.4.7.1. Japan: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.7.2. Japan: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.4.7.3. Japan: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.4.7.4. Japan: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.8. INDIA
- 11.4.8.1. India: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.8.2. India: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.4.8.3. India: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.4.8.4. India: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.9. SOUTH KOREA
- 11.4.9.1. South Korea: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.9.2. South Korea: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.4.9.3. South Korea: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.4.9.4. South Korea: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.10. THAILAND
- 11.4.10.1. Thailand: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.10.2. Thailand: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.4.10.3. Thailand: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.4.10.4. Thailand: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.11. INDONESIA
- 11.4.11.1. Indonesia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.11.2. Indonesia: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.4.11.3. Indonesia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.4.11.4. Indonesia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.12. MALAYSIA
- 11.4.12.1. Malaysia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.12.2. Malaysia: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.4.12.3. Malaysia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.4.12.4. Malaysia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.13. AUSTRALIA
- 11.4.13.1. Australia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.13.2. Australia: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.4.13.3. Australia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.4.13.4. Australia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.14. REST FO ASIA PACIFIC
- 11.4.14.1. Rest fo Asia Pacific: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.14.2. Rest fo Asia Pacific: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.4.14.3. Rest fo Asia Pacific: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.4.14.4. Rest fo Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5. South America
- 11.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.5.2. South America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.5.3. South America: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.5.4. South America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.5.5. South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.6. BRAZIL
- 11.5.6.1. Brazil: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.5.6.2. Brazil: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.5.6.3. Brazil: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.5.6.4. Brazil: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.7. ARGENTINA
- 11.5.7.1. Argentina: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.5.7.2. Argentina: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.5.7.3. Argentina: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.5.7.4. Argentina: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.8. REST OF SOUTH AMERICA
- 11.5.8.1. Rest of South America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.5.8.2. Rest of South America: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.5.8.3. Rest of South America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.5.8.4. Rest of South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6. Middle East & Africa
- 11.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.6.2. Middle East & Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.3. Middle East & Africa: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.6.4. Middle East & Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.6.5. Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.6. SAUDI ARABIA
- 11.6.6.1. Saudi Arabia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.6.2. Saudi Arabia: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.6.6.3. Saudi Arabia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.6.6.4. Saudi Arabia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.7. UAE
- 11.6.7.1. UAE: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.7.2. UAE: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.6.7.3. UAE: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.6.7.4. UAE: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.8. EGYPT
- 11.6.8.1. Egypt: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.8.2. Egypt: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.6.8.3. Egypt: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.6.8.4. Egypt: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.9. SOUTH AFRICA
- 11.6.9.1. South Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.9.2. South Africa: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.6.9.3. South Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.6.9.4. South Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.10. REST OF MIDDLE EAST & AFRICA
- 11.6.10.1. Rest of Middle East & Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.10.2. Rest of Middle East & Africa: Market Size and Forecast, By Sales Channel , 2023 – 2033 ($ Million)
- 11.6.10.3. Rest of Middle East & Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
- 11.6.10.4. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- CHAPTER 12. Competitive Landscape
- 12.1. Competitior Benchmarking 2023
- 12.2. Market Share Analysis
- 12.3. Key Developments Analysis By Top 5 Companies
- 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
- CHAPTER 13. Company Profiles
- 13.1. Koninklijke Philips N.V.
- 13.1.1. Business Overview
- 13.1.2. Financial Analysis
- 13.1.2.1. Business Segment Revenue, 2018, 2019, 2020, $ Million
- 13.1.2.2. Geographic Revenue Mix, 2020 (% Share)
- 13.1.3. Product Portfolio
- 13.1.4. Recent Development and Strategies Adopted
- 13.1.5. SWOT Analysis
- 13.2. Valeo S.A.
- 13.3. Osram GmbH
- 13.4. Hella KGaA Hueck & Co.
- 13.5. Magneti Marelli S.p.A
- 13.6. DENSO Corporation
- 13.7. Hyundai Mobis
- 13.8. Stanley Electric Co. Ltd.
- 13.9. Koito Manufacturing Co. Ltd.
- 13.10. ROBERT BOSCH GmbH
Pricing
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