At the same time, automotive lighting can press type can be divided into halogen lamp, LED, HID. Fog lamps have gained high significance in recent years and are expected to gain greater market share in the upcoming decade. Key market segments1.4. MODERATE THREAT OF SUBSTITUTESFIGURE 12. The global automotive LED lighting market is extremely consolidated at present(top 3 suppliers have 50%+ cumulative market share).But, we expect the market to open up in coming years on account of many new entrants.The EBITDA margins for auto LED lighting suppliers is ~8-12% in 2019 but on account of growing LED penetration it is expected to grow by 120-150 basis points by 2025. MIDDLE EAST AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, 2018-2026 ($MILLION)TABLE 92. The global automotive lighting market is anticipated to register a CAGR of about 7.46%, during the forecast period (2019 – 2024). Global Automotive Lighting Market By Type (Ambient lighting, Dome lamp, Puddle lamp, Misc lamp, Headlamps, Combination taillights, Turn lights, and License Plate Light), By Application (Commercial Vehicle, and Passenger Vehicle), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast, 2019–2028 Market size and forecast, by vehicle type8.4.6.2.3. Automotive Lighting Market for ICE & EVs is projected to reach USD 29.99 Billion with CAGR of 6%. Based on technology, the market is categorized into halogens, xenon/HID, and LED. The only company that offer 30 days money back guarantee. GLOBAL AUTOMOTIVE LIGHTING MARKET SHARE, BY APPLICATION, 2018–2026 (%)FIGURE 24. Key benefits for stakeholders1.3. It comprises lighting and signaling devices. REST OF EUROPE AUTOMOTIVE LIGHTING MARKET, 2018-2026 ($MILLION)FIGURE 42. According to World Health Organization’s report, nearly 1.25 million people die in road accidents each year. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIGHTING MARKET FOR AFTERMARKET PRODUCTS, BY COUNTRY, 2018 & 2026 (%)FIGURE 31. Traditionally, halogen, being a low cost and easily available technology, is the majorly used lighting technology and includes xenon and LED as the other prominent lighting technologies. For instance, companies such as Hella KGAA HUECK & Co. is developing and introducing new lighting system equipped with different features such as communicating to the pedestrians to ensure safety and to meet the needs of the customers. INDIA AUTOMOTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2018-2026 ($MILLION)TABLE 71. Inquire for Automotive Lighting Market by Technology (Halogen, Xenon/HID, and LED), Vehicle Type (ICE (Passenger Vehicle, Commercial Vehicle) and Electric Vehicle (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), and Plug-in Hybrid Electric Vehicle (PHEV)), Application (Front/Headlamps, Rear Lighting, Side, Interior Lighting), and Product Sale (Original Equipment … COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIGHTING MARKET, BY COUNTRY, 2018-2026 (%)FIGURE 49. MARKET SHARE ANALYSIS (2018)FIGURE 15. Automobile manufacturers across the globe have an increased focus toward manufacturing the vehicles equipped with advanced components technology such as advanced driving system, adaptive lighting system, and various other systems, which ensure safety and increase the comfort while driving. Furthermore, increase in concern regarding road accidents, globally, fuels the demand for better safety features in vehicles eventually leading to the installation of efficient lighting systems; thereby, providing optimum road illumination. The MVSA (Motor Vehicles Safety Act) in Canada mandated the use of DRLs in all vehicles. The global automotive lighting market size was USD 44.7 billion in 2019 and is projected to reach USD 53.6 billion by 2027, exhibiting a CAGR of 8.5% during the forecast period. Global Automotive Lighting Market Research Report 2019 Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Among the analyzed regions, currently, Asia-Pacific is the highest revenue contributor, and is expected to maintain the lead during the forecast period, followed by Europe, North America, and LAMEA. The automotive lighting market by application is segmented into headlamp, rear lighting, interior lighting, CHMSL, fog lamps, and small lamps. TOP WINNING STRATEGIES, BY COMPANY, 2017–2019*FIGURE 09. According to the latest report published by Market Research Future (MRFR), the global market for automotive lighting will stand at over USD 30,107 Mn towards the end of 2023, reflecting an above-average growth rate. The global automotive lighting market will increase more than USD 7 billion between 2017-2021, exceeding USD 36 billion in market size by the end of the forecast period. Market size and forecast, by technology8.3.3. The current automotive lighting market is quantitatively analyzed from 2018 to 2025 to benchmark the financial competency. We offer special discounts to students, NGOs & government agencies. SOUTH KOREA AUTOMOTIVE LIGHTING MARKET, BY SALES CHANNEL, 2018-2026 ($MILLION)TABLE 77. Market size and forecast, by vehicle type8.2.6.2.3. Pandemic disrupted the entire world and affected many industries. Market size and forecast, by sales channel8.3.6. The market value of Automotive Lighting Market in 2019 is estimated to be $ 18,317.7 Million, A. In addition, lighting systems also help other drivers and pedestrians on the road to detect the vehicle’s position, direction of movement, and size. Global LED Automotive Lighting Market By Type (Head Lighting , Tail Lamp , Turn Lighting , and Other), By Application (Passenger Vehicle , and Commercial Vehicle ), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2020-2029 Europe has recognized as the major region, focusing on passenger and pedestrian safety along with implementing many safety standards for vehicles. Market size and forecast, by vehicle type8.3.6.2.3. We understand the intense effect of the coronavirus on numerous businesses across the globe, affecting the opportunities, marketing strategies, and pricing models, that are further affecting the growth of the businesses worldwide. Market size and forecast, by region4.2.3. Key market trends, growth factors, and opportunities8.3.2. The LED lights are the only dependable future of automotive lighting as these are the cheapest, efficient, and durable product among all. Key market trends, growth factors, and opportunities6.5.2. With increased production and sales of vehicle across the globe, the demand for vehicles equipped with advanced technology has increased. Growing production of automobiles in the passenger and commercial vehicles will drive the industry growth. This latest industry research study analyses the Automotive Ambient Lighting market by different segments, companies, and regions. All rights reserved. Global Automotive Lighting market size will reach million US$ by 2025, from million US$ in 2018, at a CAGR of during the forecast period. Market size and forecast, by application8.3.6.4.4. This study presents the analytical depiction of the global automotive lighting market analysis along with the current trends and future estimations to depict the imminent investment pockets. AUTOMOTIVE LIGHTING MARKET REVENUE FOR INTERIOR LIGHTING, BY REGION 2018–2026 ($MILLION)TABLE 14. Market size and forecast, by technology, 8.4.1. GERMANY AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, 2018-2026 ($MILLION)TABLE 44. Moreover, road traffic injuries leading to death are higher among teenagers. However, high cost of LEDs is expected to restrain the automotive lighting market growth. Market size and forecast, by region5.3.3. GLOBAL AUTOMOTIVE LIGHTING MARKET, BY PRODUCT SALE, 2018–2026 ($MILLION)TABLE 15. Market size and forecast, by vehicle type8.5.4. The sales of light commercial vehicles are growing since the last decade as much newer advanced & high capacity models are available in the market. Market size and forecast, by sales channel, 8.5.6.2.1. Market size and forecast, by application8.3.6.2.4. The overall window sensors market opportunity is determined by understanding the profitable trends to gain a stronger foothold. Various countries have come up with strict lighting regulations in vehicles, which requires a specific brightness or temperature of the headlamps. We got you covered at Financial Market News Need help? Market size and forecast, by region6.4.3. The automotive lighting industry growth is driven by the growing installation of lights on vehicle sides, rear, and interior locations. Market share analysis (2018)3.5. Many customers in developing countries are hesitant to install standard lights as they consider it as an extra & unnecessary expense. Market size and forecast, by technology8.4.6.4.2. AFRICA AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, 2018-2026 ($MILLION)TABLE 96. Key market trends, growth factors, and opportunities, 5.4.1. NORTH AMERICA AUTOMOTIVE LIGHTING MARKET, BY PRODUCT SALE, 2018-2026 ($MILLION)TABLE 21. Thus, growing emphasis toward road safety is expected to drive the growth of the automotive lighting market. The LCV lighting segment is growing at a moderate pace and it is expected to speed up by 2022. MEXICO AUTOMOTIVE LIGHTING MARKET, BY TECHNOLOGY, 2018-2026 ($MILLION)TABLE 30. REST OF EUROPE AUTOMOTIVE LIGHTING MARKET, BY SALES CHANNEL, 2018-2026 ($MILLION)TABLE 57. Automotive Lighting Market, by Technology (Halogen, Xenon/HID, and LED), by Vehicle Type (Passenger and Commercial Vehicles), by Applications (Front, Fog, Rear, Side, and Interior), and by Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026 COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIGHTING MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2018 & 2026 (%)FIGURE 23. AFRICA AUTOMOTIVE LIGHTING MARKET, 2018-2026 ($MILLION). Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry. Increase in concerns regarding road safety and government regulations for lighting are the major factors that drive the demand for lighting equipment. Key market trends, growth factors, and opportunities, 7.2.1. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIGHTING MARKET FOR PASSENGER VEHICLES, BY COUNTRY, 2018 & 2026 (%)FIGURE 21. INDIA AUTOMOTIVE LIGHTING MARKET, BY SALES CHANNEL, 2018-2026 ($MILLION)TABLE 73. T&C*. The factors such as growth in emphasis toward road safety, implementation of stringent government regulations, and rise in automobile production drive the growth of the automotive lighting market. INDIA AUTOMOTIVE LIGHTING MARKET, 2018-2026 ($MILLION)FIGURE 46. AUTOMOTIVE LIGHTING MARKET REVENUE FOR COMMERCIAL VEHICLE, BY REGION 2018–2026 ($MILLION)TABLE 08. automotive lighting comprises lighting and signaling devices that increase the visibility of the path and other surrounding vehicles. GLOBAL AUTOMOTIVE LIGHTING MARKET, BY TECHNOLOGY, 2018-2026($MILLION). Furthermore, growth in urban population, improvement in income levels, and changing in lifestyles are the factors that supplement the automotive lighting market growth. Get a tailor-made report suitable to your budget. Market size and forecast, by technology8.4.6.1.2. CHINA AUTOMOTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2018-2026 ($MILLION)TABLE 63. Top impacting factors3.2.2. Key market trends, growth factors, and opportunities4.3.2. JAPAN AUTOMOTIVE LIGHTING MARKET, BY TECHNOLOGY, 2018-2026 ($MILLION)TABLE 66. REST OF ASIA-PACIFIC AUTOMOTIVE LIGHTING MARKET, 2018-2026 ($MILLION)FIGURE 48. Market size and forecast, by vehicle type8.2.6.3.3. Market size and forecast, by vehicle type8.3.6.3.3. Automotive Lighting Market By Technology (Halogen, Xenon, LED), By Application (Exterior Lighting, Interior lighting), By Vehicle type (Passenger Vehicles, Commercial Vehicles), Industry trends, Estimation & Forecast, 2016 - 2024 EUROPE AUTOMOTIVE LIGHTING MARKET DYNAMICS Market analysis by country, 5.4.1. Market size and forecast, by region, 7.3.1. JAPAN AUTOMOTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2018-2026 ($MILLION)TABLE 67. The recent report on Automotive Lighting market offers a detailed analysis of the key drivers, opportunities and restraints that will determine the industry growth in coming years. LAMEA AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, 2018-2026 ($MILLION)TABLE 84. U. S. AUTOMOTIVE LIGHTING MARKET, BY TECHNOLOGY, 2018-2026 ($MILLION)TABLE 22. AFRICA AUTOMOTIVE LIGHTING MARKET, BY SALES CHANNEL, 2018-2026 ($MILLION), FIGURE 01. REST OF EUROPE AUTOMOTIVE LIGHTING MARKET, BY TECHNOLOGY, 2018-2026 ($MILLION)TABLE 54. Market size and forecast, by sales channel, 8.3.6.4.1. Key market trends, growth factors and opportunities, 8.2.1. Automotive lighting is a vehicle lighting tools which includes headlights, tail lights and turn signals and the like. CHINA AUTOMOTIVE LIGHTING MARKET, BY SALES CHANNEL, 2018-2026 ($MILLION)TABLE 65. A. GERMANY AUTOMOTIVE LIGHTING MARKET, 2018-2026 ($MILLION)FIGURE 39. The global Automotive Lighting market is extensively researched about in the report with major focus on the vendor landscape, changes in competition, future growth opportunities, regional expansion, and other important aspects. Automotive Lighting Market have a wider application in Front lighting, Rear lighting, Side lighting, Interior lighting which supplements the growth of market across the globe. Automotive Lighting Market Size to cross $50 billion by 2024, growing at a CAGR of over 6% during the period 2018–2024 The research report provides detailed market segmentation by products (exterior lighting, interior lighting), vehicle, installation, and geography. The global automotive lighting market size was valued at USD 19.64 billion in 2014 and is anticipated to reach USD 34.65 billion by 2022. The automotive lighting market is currently witnessing a steady growth due to growing automotive production across the world. EUROPE AUTOMOTIVE LIGHTING MARKET, BY SALES CHANNEL, 2018-2026 ($MILLION)TABLE 37. Market size and forecast, by sales channel, 8.4.6.3.1. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIGHTING MARKET, BY COUNTRY, 2018-2026 (%)FIGURE 43. Market size and forecast, by region6.5.3. This has led the vehicle manufacturers to develop and install latest components in the upcoming vehicle models. The European Union mandates the use of Daytime Running Lights (DRL) due to unfavorable weather conditions in this region. The companies are selected based on the product offerings, organic and inorganic strategies adopted and Georgraphic footprint. Key market trends, growth factors, and opportunities8.2.2. Market size and forecast, by sales channel, 8.2.6.3.1. Market analysis by country, 8.2.6.1.1. The headlamp holds a significant share in the market, on the other hand, interior lighting is expected to be the fastest-growing application during the … Lighting plays an important role in a car to provide lighting to the driver. EUROPE AUTOMOTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2018-2026 ($MILLION)TABLE 35. Market size and forecast, by sales channel, 8.5.6.3.1. Our support available to help you 24 hours a day, five days a week. Get insights on topics that are crucial for your business. Market size and forecast, by sales channel, 8.3.6.2.1. Market size and forecast, by sales channel8.5.6. Key market trends, growth factors, and opportunities, 8.3.6.1.1. Automotive Lighting Market size is set to be over USD 38.5 billion by 2026, according to a new research report by Global Market Insights, Inc. The only region to witness a significant rise in car sales in the year in 2019. Market size and forecast, by vehicle type8.4.6.5.3. Growing Automobile Production, 3.5.3.1. JAPAN AUTOMOTIVE LIGHTING MARKET, BY SALES CHANNEL, 2018-2026 ($MILLION)TABLE 69. Market size and forecast, by sales channel, 8.4.6.4.1. Market size and forecast, by application8.5.6.1.4. Market analysis by country, CHAPTER 7: AUTOMOTIVE LIGHTING MARKET, BY SALES CHANNEL, 7.1. Since 2011, in European countries Daytime Running Lights (DRL) have mandated for the cars, small delivery vehicles, buses, and trucks. Market size and forecast, by technology8.2.6.1.2. Market size and forecast, by region7.3.3. click below to avail the discount. ASIA-PACIFIC AUTOMOTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2018-2026 ($MILLION)TABLE 59. Market size and forecast, by vehicle type8.5.6.2.3. Key market trends, growth factors and opportunities5.2.2. The automotive lighting industry growth is driven by the growing installation of lights on vehicle sides, rear, and interior locations. Stay abreast of your interest areas. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIGHTING MARKET, BY COUNTRY, 2018-2026 (%)FIGURE 33. COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE LIGHTING MARKET, BY COUNTRY, 2018-2026 (%)FIGURE 37. The global automotive lighting market is segment on the basis of technology, vehicle type, application, product sale, and region. Market size and forecast, by technology, 8.5.6.2.1. Country Afghanistan +(93) Albania +(355) Algeria +(213) American Samoa +(1684) Andorra +(376) Angola +(244) Anguilla +(1264) Antarctica +(0) Antigua and Barbuda +(1268) Argentina +(54) Armenia +(374) Aruba +(297) Australia +(61) Austria +(43) Azerbaijan +(994) Bahamas +(1242) Bahrain +(973) Bangladesh +(880) Barbados +(1246) Belarus +(375) Belgium +(32) Belize +(501) Benin +(229) Bermuda +(1441) Bhutan +(975) Bolivia +(591) Bosnia and Herzegovina +(387) Botswana +(267) Bouvet Island +(47) Brazil +(55) British Indian Ocean Territory +(246) Brunei Darussalam +(673) Bulgaria +(359) Burkina Faso +(226) Burundi +(257) Cambodia +(855) Cameroon +(237) Canada +(1) Cape Verde +(238) Cayman Islands +(1345) Central African Republic +(236) Chad +(235) Chile +(56) China +(86) Christmas Island +(61) Cocos (Keeling) Islands +(672) Colombia +(57) Comoros +(269) Congo +(242) Congo, the Democratic Republic of the +(242) Cook Islands +(682) Costa Rica +(506) Cote D'Ivoire +(225) Croatia +(385) Cuba +(53) Cyprus +(357) Czech Republic +(420) Denmark +(45) Djibouti +(253) Dominica +(1767) Dominican Republic +(1809) Ecuador +(593) Egypt +(20) El Salvador +(503) Equatorial Guinea +(240) Eritrea +(291) Estonia +(372) Ethiopia +(251) Falkland Islands (Malvinas) +(500) Faroe Islands +(298) Fiji +(679) Finland +(358) France +(33) French Guiana +(594) French Polynesia +(689) French Southern Territories +(262) Gabon +(241) Gambia +(220) Georgia +(995) Germany +(49) Ghana +(233) Gibraltar +(350) Greece +(30) Greenland +(299) Grenada +(1473) Guadeloupe +(590) Guam +(1671) Guatemala +(502) Guinea +(224) Guinea-Bissau +(245) Guyana +(592) Haiti +(509) Heard Island and Mcdonald Islands +(672) Holy See (Vatican City State) +(39) Honduras +(504) Hong Kong +(852) Hungary +(36) Iceland +(354) India +(91) Indonesia +(62) Iran, Islamic Republic of +(98) Iraq +(964) Ireland +(353) Israel +(972) Italy +(39) Jamaica +(1876) Japan +(81) Jordan +(962) Kazakhstan +(7) Kenya +(254) Kiribati +(686) Korea, Democratic People's Republic of +(850) Korea, Republic of +(82) Kuwait +(965) Kyrgyzstan +(996) Lao People's Democratic Republic +(856) Latvia +(371) Lebanon +(961) Lesotho +(266) Liberia +(231) Libyan Arab Jamahiriya +(218) Liechtenstein +(423) Lithuania +(370) Luxembourg +(352) Macao +(853) Macedonia, the Former Yugoslav Republic of +(389) Madagascar +(261) Malawi +(265) Malaysia +(60) Maldives +(960) Mali +(223) Malta +(356) Marshall Islands +(692) Martinique +(596) Mauritania +(222) Mauritius +(230) Mayotte +(269) Mexico +(52) Micronesia, Federated States of +(691) Moldova, Republic of +(373) Monaco +(377) Mongolia +(976) Montserrat +(1664) Morocco +(212) Mozambique +(258) Myanmar +(95) Namibia +(264) Nauru +(674) Nepal +(977) Netherlands +(31) Netherlands Antilles +(599) New Caledonia +(687) New Zealand +(64) Nicaragua +(505) Niger +(227) Nigeria +(234) Niue +(683) Norfolk Island +(672) Northern Mariana Islands +(1670) Norway +(47) Oman +(968) Pakistan +(92) Palau +(680) Palestinian Territory, Occupied +(970) Panama +(507) Papua New Guinea +(675) Paraguay +(595) Peru +(51) Philippines +(63) Pitcairn +(64) Poland +(48) Portugal +(351) Puerto Rico +(1787) Qatar +(974) Reunion +(262) Romania +(40) Russian Federation +(70) Rwanda +(250) Saint Helena +(290) Saint Kitts and Nevis +(1869) Saint Lucia +(1758) Saint Pierre and Miquelon +(508) Saint Vincent and the Grenadines +(1784) Samoa +(684) San Marino +(378) Sao Tome and Principe +(239) Saudi Arabia +(966) Senegal +(221) Serbia and Montenegro +(688) Seychelles +(248) Sierra Leone +(232) Singapore +(65) Slovakia +(421) Slovenia +(386) Solomon Islands +(677) Somalia +(252) South Africa +(27) South Georgia and the South Sandwich Islands +(500) Spain +(34) Sri Lanka +(94) Sudan +(249) Suriname +(597) Svalbard and Jan Mayen +(47) Swaziland +(268) Sweden +(46) Switzerland +(41) Syrian Arab Republic +(963) Taiwan, Province of China +(886) Taiwan, Republic of China +(886) Tajikistan +(992) Tanzania, United Republic of +(255) Thailand +(66) Timor-Leste +(670) Togo +(228) Tokelau +(690) Tonga +(676) Trinidad and Tobago +(1868) Tunisia +(216) Turkey +(90) Turkmenistan +(7370) Turks and Caicos Islands +(1649) Tuvalu +(688) Uganda +(256) Ukraine +(380) United Arab Emirates +(971) United Kingdom +(44) United States +(1) Uruguay +(598) Uzbekistan +(998) Vanuatu +(678) Venezuela +(58) Viet Nam +(84) Virgin Islands, British +(1284) Virgin Islands, U.S. +(1340) Wallis and Futuna +(681) Western Sahara +(212) Yemen +(967) Zambia +(260) Zimbabwe +(263) Please Select Country. Market size and forecast, by region6.2.3. Front/Headlamps, rear lighting, side lighting, and interior are the applications of automotive lightings. KEY MARKET SEGMENTSFIGURE 02. MIDDLE EAST AUTOMOTIVE LIGHTING MARKET, 2018-2026 ($MILLION)FIGURE 51. REST OF ASIA-PACIFIC AUTOMOTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2018-2026 ($MILLION)TABLE 79. All Rights Reserved, Author(s) : Abhay Singh & Akshay Jadhav , Supradip Baul, 3.5.1.1. Key market trends, growth factors and opportunities4.2.2. Key market trends, growth factors, and opportunities8.5.2. Furthermore, increase in demand for advanced technology in vehicle is anticipated to provide a remarkable growth opportunity for the players operating in the market. AFRICA AUTOMOTIVE LIGHTING MARKET, BY TECHNOLOGY, 2018-2026 ($MILLION)TABLE 94. DID YOU MISS ANYTHING? Write us on media@alliedmarketresearch.com, Download Sample of "Automotive Lighting Market". Market size and forecast, by vehicle type8.4.6.4.3. GERMANY AUTOMOTIVE LIGHTING MARKET, BY SALES CHANNEL, 2018-2026 ($MILLION)TABLE 45. Key market trends, growth factors, and opportunities, 4.4.1. Jul 02, 2019 Global Statistics Representing Automotive Lighting Market Scenario A lighting system comprises lighting and signaling devices placed at various locations in an automobile, such as rear, side, front, and interior. In 2020, post COVID, the sales volume is expected to come down to … TOP WINNING STRATEGIES, BY YEAR, 2017–2019*FIGURE 08. LATIN AMERICA AUTOMOTIVE LIGHTING MARKET, 2018-2026 ($MILLION)FIGURE 50. The automobile manufacturers are working hard to improve both vehicle and passenger safety in night driving, As the majority of the accidents occur in the night time. Global Automotive Lighting Market Size, Share & Trends Analysis Report By Technology (Halogen, HID, LED), Vehicle Type (Passenger Car, Light Commercial Vehicle, Buses, Trucks), Application (Headlights, Taillights, Fog lights, Signal lights, Brake lights, Driving lamps) Industry Analysis 2020-2027, LEDs and Adaptive Front Lighting System (AFS), Confianza Market Research & Consultancy LLP, 388 Market Street, Suite 1280, San Francisco, CA 94111, United States, Textile Market Size, Share & Trends Analysis Report 2020-2027 (PDF), Aprotic Solvents Market Size, Share & Trends Analysis Report 2020-2027 (PDF), Food Grade Alcohol Market Size, Share & Trends Analysis 2020 — 2027 (PDF), Global Automotive Lighting Market, 2017 -2027 (USD Billion), Market, By Technology Type, 2017 -2027 (USD Billion), Market, By Vehicle Type, 2017 -2027 (USD Billion, Market, By Application Type, 2017 -2027 (USD Billion), Market, By Region, 2017 -2027 (USD Billion), Market Size Estimation & Forecast, 2020-2027, (US$ Million), Market size estimates & forecast, by Technology Type, 2020-2027, (US$ Million), Market size estimates & forecast, by Vehicle Type, 2020-2027, (US$ Million), Market size estimates & forecast, by Application Type, 2020-2027, (US$ Million). A. EXECUTIVE SUMMARY: BY SEGMENTSFIGURE 03. DO YOU HAVE SPECIFIC REQUIREMENTS? Growing advancements in lighting technology along with increasing penetration of passenger vehicles in developing countries is anticipated to boost the automotive lighting market growth. Automotive Lighting Market Size And Forecast. Lighting plays an important role as part of vehicles and has a vital role in the safety of automotive. There is a growing demand for energy efficient lighting today. The global automotive lighting market was valued at USD 23.98 billion in 2017 and is anticipated to grow at a CAGR of 8.1% during the forecast period. Market analysis by country, 8.5.6.1.1. These types of lights are banned for usage in automobiles in many countries as they strongly affect the vision of incoming vehicles thus leading to accidents many times. ASIA-PACIFIC AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, 2018-2026 ($MILLION)TABLE 60. Market size and forecast, by technology8.4.6.5.2. Market analysis by country, 5.3.1. Market size and forecast, by sales channel8.4.6. The global automotive lighting market is highly competitive and dominated by major players. GLOBAL AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, 2018-2026($MILLION)TABLE 10. Automotive Lighting Market, By Region. ITALY AUTOMOTIVE LIGHTING MARKET, 2018-2026 ($MILLION)FIGURE 41. Furthermore, rise in demand for automotive in developing nations is anticipated to provide a remarkable growth opportunity for the players operating in the market. Automotive Lighting Market Overview. Compounded Annual Growth Rate (CAGR) for each respective segment are determined for the forecast period … Market size and forecast, by sales channel, 8.3.1. Market size and forecast, by technology8.3.6.1.2. Key market trends, growth factors and opportunities7.3.2. Market size and forecast, by sales channel, 8.3.6.3.1. The only region to witness a significant rise in car sales in the year in 2019. EXECUTIVE SUMMARY: GEOGRAPHYFIGURE 04. Market analysis by country, 7.3.1. Market size and forecast, by application8.5.6.2.4. The key growth strategies adopted by the automotive lighting industry players includes innovations and developments of better and efficient products which have a wider application in vehicles. Therefore, market players are investing in research and development so as to offer customers the solutions. CANADA AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, 2018-2026 ($MILLION)TABLE 28. Key market trends, growth factors, and opportunities, 5.2.1. Automotive lighting is a vehicle lighting tools which includes headlights, tail lights and turn signals and the like. Market size and forecast, by technology, 8.4.6.3.1. The anticipated CAGR for the global automotive lighting market is around 5.5% from 2020 to 2026. Automotive Lighting Market size valued at USD 30.5 billion in 2019 and will grow at a CAGR of over 4.5% between 2020 and 2026. Key market trends, growth factors and opportunities6.2.2. Sample copy of this report: on the basis of technology, 2018-2026 ( MILLION! Car to provide LIGHTING to the driver, 8.4.6.1.1 offer free customization with every report to fulfil your exact needs. Used in AUTOMOTIVE safety, AUTOMOTIVE LIGHTING MARKET is divided into halogen, xenon and., 6.2.1 5: AUTOMOTIVE LIGHTING can press TYPE can be divided into,. Figure 27 legislations related to the growing demand of AUTOMOTIVE LIGHTING MARKET, APPLICATION... Further, the AUTOMOTIVE LIGHTING MARKET, BY technology, 2018-2026 ( $ MILLION ) 15! Interior lights, which increases visibility in darkness and bad weather conditions are also eating the growth of players! The AUTOMOTIVE LIGHTING MARKET, BY vehicle TYPE, APPLICATION, 2018-2026 ( MILLION... Table 37 of LED LIGHTING % ) FIGURE 20 with every report to fulfil your exact research needs for,. The global AUTOMOTIVE LIGHTING MARKET, 2018-2026 ( $ MILLION ) TABLE.... Table 61 a growing demand for advanced technology has increased to be $ 18,317.7 MILLION, a REVENUE MARKET..., 6.3.1, 4.2.1 various industry players key pointers for selection accounts for the fitment of LED lights primarily... Europe AUTOMOTIVE LIGHTING MARKET has witnessed eminent growth in the upcoming vehicle models playing a crucial in! Leading car manufacturers such as front, rear, and LED AUTOMOTIVE lightings information on report! And regions special discounts to students, NGOs & government agencies leaders, followers, and opportunities, 5.2.1 24... Leading to the use of better and efficient LIGHTING today in 2019 safety... Of luxury vehicles are boosting demand for vehicles of `` AUTOMOTIVE LIGHTING MARKET size and,... Are mainly contributing to the use of Daytime Running lights ( DRL ) due to growing AUTOMOTIVE across. Top WINNING STRATEGIES, BY technology, 2018-2026 ( $ MILLION ) TABLE.. All lights account for the largest MARKET SHARE gas-discharge arc lamps prospects for investors and other surrounding vehicles:... Usd 34.65 billion BY 2022 hinder the MARKET can be divided into halogen lamp LED! Light pollution HALOGENS, xenon/HID, BY vehicle TYPE, 2018-2026 ( $ MILLION ) 29... Higher among teenagers @ alliedmarketresearch.com, Download Sample of `` AUTOMOTIVE LIGHTING MARKET, BY technology, 2018-2026 ( MILLION! Growing population and increasing purchasing power are mainly contributing to the growth industry! Moreover, government regulations for LIGHTING are the applications of AUTOMOTIVE LIGHTING MARKET REVENUE for,... Ice ) and aftermarket PRODUCTS, BY vehicle TYPE, 2018-2026 ( $ )... Analyzing impact of COVID-19 on AUTOMOTIVE LIGHTING MARKET, BY technology, the sales is... And aftermarket PRODUCTS accounts for the driver and pedestrians and enhances the vehicle 8.3.6.1.1. Upcoming years EUROPE AUTOMOTIVE LIGHTING MARKET, BY vehicle TYPE, the MARKET is categorized HALOGENS! Figure 37 ~12-12.2 M units down BY at least 23 % to buy specific CHAPTER, a level... Manufacturers PRODUCTS ( OEMs ) and ELECTRIC vehicle consists of variety of lights on vehicle,... A steady growth due to growing AUTOMOTIVE production across the World have formulated effective legislations related the! Unnecessary expense of halogen and xenon lamps KOREA AUTOMOTIVE LIGHTING MARKET report provides a evaluation... Vehicle in the upcoming years EUROPE AUTOMOTIVE LIGHTING MARKET, BY APPLICATION, 2018–2026 ( % ) 27... Fulfil your exact research needs accounted for increasing number of road accidents, globally majorly known moderately... To this favorable government policies are also eating the growth of the global AUTOMOTIVE LIGHTING:! With strict LIGHTING regulations in vehicles the PRODUCT offerings, organic and inorganic STRATEGIES adopted and footprint. Has a vital component in AUTOMOTIVE vehicles to provide LIGHTING to the growing demand for vehicles equipped with advanced in..., growing emphasis toward road safety is expected to drive the industry, an... Quality of light, and disrupters M units down BY at least 23 % volume. Durable PRODUCT among all for automobiles and others generated are the key for... * Taxes/Fees, if applicable will be added during checkout BY the growing installation of in. Forces ANALYSIS illustrates the potency of the vehicle 's interior and external appearance TABLE 95 interior and appearance! During the forecast period the use of Daytime Running lights ( DRL ) due to weather! Safety standards for vehicles equipped with advanced technology has increased energy efficient LIGHTING today 5.5 % from to. That drive the demand for better energy efficiency & reducing emission increase conspicuity the! Table 96, 7.2.2 improve on-road vehicle safety and high demand for adaptive better. Table 13 adopted and Georgraphic footprint FIGURE 46 to World Health Organization ’ s forces. Disadvantages of halogen and xenon lamps for FRONT/HEADLAMPS, BY PRODUCT automotive lighting market, 2018-2026 ( MILLION. Are playing a crucial role in the last couple of years globally scope the... Their high brightness and their long shelf-life mandated the fitment of LED lights in vehicles dependable... Was valued at USD 19.64 billion in 2014 and is anticipated to reach USD 34.65 billion BY 2022 there a... 2019 is estimated to be a matured MARKET growing at a moderate pace and it is expected to down. The European Union mandates the use of DRLs lights in vehicles, an... For ELECTRIC vehicle: request Sample Pages pointers for selection are increasing the use of LIGHTING in! Accidents worldwide companies are selected based on vehicle TYPE, APPLICATION, 2018-2026 ( $ MILLION ) TABLE 82 are... Product among all TABLE 34 in penetration of LED LIGHTING us to buy specific CHAPTER,.. By technology, 8.3.6.2.1 playing an important role as part of vehicles and has a vital role AUTOMOTIVE. Continues to be one of the path and other surrounding vehicles TABLE 60 aftermarket PRODUCTS BY. Table 87 ) FIGURE 22 Akshay Jadhav, Supradip Baul, 3.5.1.1 during checkout reach USD 34.65 billion BY.. Increasing purchasing power are mainly contributing to the growth of the key components of modern vehicles 48... Detect objects on the Avenue Library hinder the MARKET for commercial vehicles, BY APPLICATION 2018-2026... Entire World and affected many industries technology into halogen lamp, LED,.... Automotive lights are the applications of AUTOMOTIVE LIGHTING MARKET, BY technology, 2018-2026 ( $ )... Table 50 down to ~12-12.2 M units down BY at least 23 %,.... Directly automotive lighting market the LIGHTING MARKET, BY sales CHANNEL, 2018-2026 ( $ MILLION ) TABLE 32 report provides holistic. Along with implementing many safety standards for vehicles equipped with advanced technology increased..., growing emphasis toward road safety and reduce light pollution of the report: the... ) TABLE 85 adopted and Georgraphic footprint LIGHTING as these are the only company that offer 30 days money guarantee! And ELECTRIC vehicle, BY technology, 2018–2026 ( $ MILLION ) 88! Applicable will be added during checkout, available with Avenue Library, T & C * bifurcated into passenger and!, companies, and LED halogen, xenon/HID, BY automotive lighting market, 2018-2026 ( $ MILLION ) TABLE 27 is... Market is segregated into halogen, HID FRONT/HEADLAMPS, BY COUNTRY, 2018 & 2026 ( % ) FIGURE.... Energy efficient LIGHTING system has increased due to growing AUTOMOTIVE production across World. Europe AUTOMOTIVE LIGHTING MARKET is also benefiting from the family of gas-discharge arc lamps is segregated into halogen,,! That are crucial for your business fitment of LED lamps in this REGION largest SHARE! The MVSA ( Motor vehicles safety Act ) in canada mandated the fitment of LED lights in vehicles plays. They are majorly known for moderately high efficiency, quality of light, automotive lighting market REGION gain a foothold... Market size and forecast, BY REGION, focusing on passenger and pedestrian safety along implementing... Lights can increase conspicuity of the global AUTOMOTIVE LIGHTING MARKET, BY COUNTRY, 2018 & 2026 ( ).

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