The global automotive lighting market was valued at USD 26.1 billion in 2021 and projected to reach USD 41.8 billion by 2030, growing at a CAGR of 7.1% during the forecast period of 2022-2030
In addition, the rising production of automobiles to meet consumer demands is estimated to drive the market share of automotive lighting.
Major market player included in this report are:
DENSO Corporation
Hella KGaA Hueck & Co.
Hyundai Mobis
Koito Manufacturing Co., Ltd.
Koninklijke Philips N.V.
Osram Licht AG
ROBERT BOSCH GmbH
Stanley Electric Co., Ltd.
Valeo
Zizala Lichtsysteme GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology
Halogen
Xenon/HID
LED
By Vehicle Type
Passenger Vehicle
Commercial Vehicle
By Application
Front/Headlamps
Rear Lighting
Side
Interior Lighting
By Product Sale
Original Equipment Manufacturers (OEMs)
Aftermarket Products
By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
Furthermore, years considered for the study are as follows:
Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.
Target Audience of the Global Automotive Lighting Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
