Automotive Lighting Market
Automotive Lighting Market By Application (Front Headlight, Fog Light, Rear Light, Side Lights, Interior Light), By Vehicle Type (Passenger Cars, LCVs, HCVs, Electric Vehicles), By Light Source (Halogen, Xenon, LED), By Sales Channel, By Region - Global Market Insights 2022 to 2032
Analysis of Automotive Lighting market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Automotive Lighting Market Outlook (2022 to 2032)
The global automotive lighting market is set to enjoy a valuation of US$ 36.8 billion in 2022 and further expand at a CAGR of 6.4% to reach US$ 68.2 billion by the end of 2032.
Adoption of LED will grow with the highest CAGR of 7% and likely to hold around 1/4th by the end of 2022.
| Report Attributes | Details |
|---|---|
| Automotive Lighting Market Size (2021A) | US$ 34.8 Billion |
| Estimated Market Value (2022E) | US$ 36.8 Billion |
| Forecasted Market Value (2032F) | US$ 68.2 Billion |
| Global Market Growth Rate (2022-2032) | 6.4% CAGR |
| East Asia Market Share (2022) | ~ 31.7% |
| East Asia Market Value (US$ Mn), 2022 | US$ 11.7 Billion |
| Europe Market Share (%), 2022 | ~20.2% |
| Europe Market Value (US$ Mn), 2022 | US$ 7.4 Billion |
| China Market Share (%), 2022 | ~22% |
| China Market Value (US$ Mn) | US$ 8.2 Billion |
| Top 3 country Market Share (%) | ~40% |
| Key Companies Profiled | Osram Licht AG; Hella Kgaa; Infineon Technologies AG; LG Electronics; Valeo SA; Marelli Magnetti; Hyundai Mobis; Varroc; Koito Manufacturing Co. Ltd; Robert Bosch GmbH. |
Sales Analysis of Automotive Lighting Market (2017 to 2021) Vs. Market Forecast Outlook (2022 to 2032)
The automotive lighting industry has been through various transformations which are mostly related to development of innovation for lighting solutions. Automotive lighting solutions have evolved in terms of appearance, size and application in every vehicle as automotive manufacturers are constantly trying to adapt to the latest trends and technological trends happening in the industry.
- Short Term (2022 Q2 to 2025): Utilization and integration of automotive lighting recreational and tourism purpose is positively impacting automotive lighting market growth.
- Medium Term (2025-2028): East Asia and South Asia anticipated to witness high automotive lighting demand on the back of industrial and commercial sectors in these regions, with the presence of global leading players.
- Long Term (2028-2032): Increase in the use electric vehicles of will drive automotive lighting market demand.
Over the 2017-2021 historical period, the global automotive lighting market registered a CAGR of 0.6%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 6.4% CAGR between 2022 and 2032.
Market share analysis of automotive lighting based on application and region is provided in a nutshell in the above image. Under the application segment, the front headlight sub-segment dominates with 60.7% market share in 2022.
Competitive Lands What’s Driving Demand for Automotive Lighting?
“Growing Pollution and Traffic Congestion is Creating Opportunities for Two Wheelers Lights”
Various countries in APAC and Europe, such as China, India, Italy and France have started to witness smog formation and heavy traffic congestion due to the large number of heavy vehicles and four-wheelers present on the road. There is significant increase in the commute time due to increased traffic congestion, which is a prominent concern for the working-class population.
The governments of various countries in the region have adopted multiple solutions to handle this situation, such as limiting maximum driving speed. One effective solution to the problem of growing traffic congestion could be the adoption of small-sized and compact two-wheelers. Thus the increasing demand for two-wheelers in the global market will in turn boost the growth of the two wheelers automotive lighting market.
“Lighting Regulations for Vehicle and Driver Safety”
Many countries like India, the UK, etc. have designed safety standards such as Federal Motor Vehicle Safety Standards, Australian Design Rules, EEC Regulations and Indian Standards. It is mandatory for every vehicle to be equipped with lighting devices such as headlights, fog light, reversing lights, license plate light, Indicator light, and tail light.
Growing vehicle production has resulted in an increase in the number of on- road vehicles. Car manufacturers as well as users are concerned about vehicle as well as passenger safety. To eliminate the impact of darkness while driving, many companies are investing in research & development of efficient lighting equipment in vehicles.
For instance, the first flexible HLED in the world that can be twisted, like thin film, was created by Hyundai Mobis. One LED will act as the tail lights and the stop light simultaneously. By using electrical signals to regulate it, the HLED enables the execution of the stop lamp and the tail lamp with a single LED. This HLED can provide even, strong light that will make it easier for drivers of cars or other vehicles to see when they are approaching from the side and back.
These advancements in lights due to regulations have accelerated the automotive lighting market.
Report Scope What Do Automotive Lighting Manufacturers Need to Watch Out for?
“Low quality and High Cost of LED Lights”
The cost of LED light is high due to counterfeit product. The automotive lighting market has been struggling with supply of components through grey market trading and the counterfeit products. Counterfeit products are a threat to vehicle and consumer safety due to the lack of quality. Fake LED and Xenon lighting parts can endanger passenger safety as well as severely damaging a vehicle’s headlamps or electronic systems.
This factor will be a severe challenge to the automotive lighting market in sustaining long-term growth over the coming years. Furthermore, most importantly, manufacturers and companies operating in the automotive lighting market is facing severe financial drawbacks due to counterfeit product by affecting their aftermarket sales. Hence, the increase in the sales of counterfeit products will adversely impact the growth of the automotive lighting aftermarket.
Headlights are an essential part of the car when driving on a dark road. Different types of headlights used by manufacturers are Halogen, Xenon, LED, Matrix and Laser. All types of cars like Passenger cars, HCV, LCV, and Electric Vehicles use these types of lighting systems. LED lights are very popular among auto manufacturers as these lights are small and flexible and have a longer life.
Country-wise Insights
Is US a Lucrative Market for Automotive Lighting Market?
The United States automotive lighting market is currently estimated at US$ 3.5 billion and is expected to reach US$ 4.8 billion by 2032.
Fact.MR Market Research has predicted US market to be one of the prominent markets for automotive lighting industry. Automotive lighting manufacturers are trying to establish long term partnerships with suppliers and OEMs for further business. The manufacturers strive to provide a safe experience to the car owner and trying to develop new technologies for future vehicles.
Moreover, US automotive manufacturers try to constantly adapt to the technological advancements that happen in the market. The US market has many prominent OEMs such as Fiat Chrysler, Ford, and General Motors and which is a key driving factor for its growth.
Ford’s advanced front lighting system widens the light beam at the junctions for better light illumination and which helps the driver’s attention towards pedestrians and animals on & off the road. Vehicle production in US is high and is increasing which is also a major factor contributing the growth of the market.
What’s Driving Automotive Lighting Market Sales in India?
The growth in population and the increase in purchasing power of customers is also accelerating the sales of new vehicles in India which is also driving the automotive lighting market. Automotive aftermarket plays a crucial role for the lighting market as the conditions of roads in India often can cause road injuries for the vehicle which has increased the automotive lighting aftermarket in this region as well.
Improving the environmental performance of vehicles and contributing to decrease of harmful gases is an important factor that is driving the electric vehicle market in India. India is promoting key automakers to leverage their strengths and tackle global climate change with increase in production of electric vehicles. This growing demand of electric vehicles is accelerating the automotive lighting market in India.
The India’s market for automotive lighting is expected to reach a valuation of US$ 11 billion in 2032.
Category-wise Insights
Which Type of Light is Most Popular for Use in Vehicles by Manufacturers?
The automotive lighting market has LED, Halogen and Xenon as the main type of light sources for manufacturers. Halogen and Xenon lights are used on a large scale by manufacturers as they are cheap in cost. But these lights have a drawback that they do not have the expected life span and hence need replacement often.
LED lights have an average life span more than Halogen lamps. LED lighting technology is used in many high end and luxury vehicles but nowadays manufacturers have slowly begun to use LED lighting solutions due to constant development in the lighting technology.
Halogen and Xenon type of automotive lighting are going to reach combined value of US$ 32 billion by the end of the 2022.
Why Passenger Vehicle Light’s Demand is more in the Market?
Passenger vehicle hold leading market share than other types of vehicle in the automotive lighting market. Rising income and lifestyle of the population around the world is gaining demand for passenger vehicle. Passenger vehicle hold market share of 59% of automotive lightning in 2021. All over the world people prefer own vehicle over the public transport which is accelerating demand for passenger vehicle.
Passenger vehicle consumers' willingness to pay more for cars and increasing sales will also increase the market revenue in near future. The year on year of passenger vehicle is US$ 20.5 billion in 2021 and expected to generate absolute $ opportunity of US$ 16.2 billion by 2032.
Competitive Landscape
Automotive lighting manufacturers are Osram Licht AG, Hella KgaA Heuck Co. Ltd, Infineon Technologies AG, LG Electronics, Valeo SA, Marelli Magnetti, Hyundai Mobis, Varroc, Koito Manufacturing Co. Ltd, Robert Bosch GmbH,Andela Products, Inc.
With a sizable number of manufacturers functioning in the market, the automotive lighting market is moderately competitive. Some market participants are concentrating on securing the largest possible market share by introducing the most cutting-edge technology through research & development tactics.
Lighting manufacturers are also doing strategic collaborations with OEMs and maintaining long term relations with these OEMs for future business as well. Many big players are also using mergers & acquisitions as a key strategy for expanding their geographical presence and for more business in terms of revenue like Magnetti Marelli which operates under the name Marelli was acquired by Calsonic Kansei Corporation which is a leading automotive component supplier.
- In September 2021, HELLA KGaA introduced a new Modular Lightbar equipped with advanced LED technology for municipal vehicles. This light helps ensure optimum signalling effects as well as homogeneous illumination of the working area
- In December 2020, OSRAM Licht AG introduced the Ostune E1608 and E3030 automotive interior lighting, offering a wide color temperature range from 2700 to 6500 K, which are highly energy-efficient
Fact.MR has provided detailed information about the price points of key manufacturers of automotive lighting positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Automotive Lighting Industry Research
-
By Application:
- Front Headlight
- Fog Light
- Rear Light
- Side Light
- Interior Light
-
By Vehicle Type:
- Passenger Car
- Light Commercial Vehicle (LCVs)
- Heavy Commercial Vehicle (HCVs)
- Electric Vehicles
- Two Wheelers
-
By Light Source:
- Halogen
- Xenon
- LED
-
By Sales Channel:
- OEM
- Aftermarket
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (‘000 Units) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Application
- 7.1. Front Headlight
- 7.2. Fog Light
- 7.3. Rear
- 7.4. Side
- 7.5. Interior
- 8. Global Market Analysis and Forecast, By Vehicle Type
- 8.1. Passenger Cars
- 8.1.1. Compact
- 8.1.2. Mid-Size
- 8.1.3. SUV
- 8.1.4. Luxury
- 8.2. Light Commercial Vehicles (LCVs)
- 8.3. Heavy Commercial Vehicles (HCVs)
- 8.4. Electric Vehicles
- 8.4.1. Battery Electric Vehicle
- 8.4.2. Plug-In Hybrid Electric Vehicle
- 8.4.3. Hybrid Electric Vehicle
- 8.5. Two Wheelers
- 8.5.1. Motorcycle
- 8.5.2. Scooters
- 8.1. Passenger Cars
- 9. Global Market Analysis and Forecast, By Light Source Type
- 9.1. Halogen
- 9.2. Xenon
- 9.3. LED
- 10. Global Market Analysis and Forecast, By Sales Channel
- 10.1. Original Equipment Market (OEM)
- 10.2. Aftermarket
- 11. Global Market Analysis and Forecast, By Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia & Oceania
- 11.6. Middle East & Africa
- 12. North America Market Analysis and Forecast
- 13. Latin America Market Analysis and Forecast
- 14. Europe Market Analysis and Forecast
- 15. East Asia Market Analysis and Forecast
- 16. South Asia & Oceania Market Analysis and Forecast
- 17. Middle East & Africa Market Analysis and Forecast
- 18. Country-level Market Analysis and Forecast
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. Magnetti Marelli S.p.A
- 20.2. Hella KgaA Heuck Co. Ltd
- 20.3. Stanley Electric Co. Ltd
- 20.4. Koito Manufacturing Co. Ltd
- 20.5. Robert Bosch GmbH
- 20.6. Valeo SA
- 20.7. Osram Licht AG
- 20.8. Varroc Group
- 20.9. LG Lightings
- 20.10. Infineon Technologies AG
- 20.11. Hyundai Mobis
- 20.12. ZKW Group
- 20.13. Fiem Industries
- 20.14. Odelo GmbH
- 20.15. Vosla GmbH
- 20.16. Lumax Auto Technologies Ltd.
- 21. Assumptions & Acronyms Used
- 22. Research Methodology
List Of Table
Table 01. Global Market Value (US$ million) and Forecast by Region, 2017 to 2021
Table 02. Global Market Value (US$ million) and Forecast by Region, 2022 to 2032
Table 03. Global Market Volume (Units) and Forecast by Region, 2017 to 2021
Table 04. Global Market Volume (Units) and Forecast by Region, 2022 to 2032
Table 05. Global Market Value (US$ million) and Forecast By Application, 2017 to 2021
Table 06. Global Market Value (US$ million) and Forecast By Application, 2022 to 2032
Table 07. Global Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 08. Global Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 09. Global Market Value (US$ million) and Forecast By Vehicle Type, 2017 to 2021
Table 10. Global Market Value (US$ million) and Forecast By Vehicle Type, 2022 to 2032
Table 11. Global Market Volume (Units) and Forecast By Vehicle Type, 2017 to 2021
Table 12. Global Market Volume (Units) and Forecast By Vehicle Type, 2022 to 2032
Table 13. Global Market Value (US$ million) and Forecast By Light Source, 2017 to 2021
Table 14. Global Market Value (US$ million) and Forecast By Light Source, 2022 to 2032
Table 15. Global Market Volume (Units) and Forecast By Light Source, 2017 to 2021
Table 16. Global Market Volume (Units) and Forecast By Light Source, 2022 to 2032
Table 17. Global Market Value (US$ million) and Forecast By Sales Channel, 2017 to 2021
Table 18. Global Market Value (US$ million) and Forecast By Sales Channel, 2022 to 2032
Table 19. Global Market Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 20. Global Market Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 21. North America Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 22. North America Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 23. North America Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 24. North America Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 25. North America Market Value (US$ million) and Forecast By Application, 2017 to 2021
Table 26. North America Market Value (US$ million) and Forecast By Application, 2022 to 2032
Table 27. North America Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 28. North America Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 29. North America Market Value (US$ million) and Forecast By Vehicle Type, 2017 to 2021
Table 30. North America Market Value (US$ million) and Forecast By Vehicle Type, 2022 to 2032
Table 31. North America Market Volume (Units) and Forecast By Vehicle Type, 2017 to 2021
Table 32. North America Market Volume (Units) and Forecast By Vehicle Type, 2022 to 2032
Table 33. North America Market Value (US$ million) and Forecast By Light Source, 2017 to 2021
Table 34. North America Market Value (US$ million) and Forecast By Light Source, 2022 to 2032
Table 35. North America Market Volume (Units) and Forecast By Light Source, 2017 to 2021
Table 36. North America Market Volume (Units) and Forecast By Light Source, 2022 to 2032
Table 37. North America Market Value (US$ million) and Forecast By Sales Channel, 2017 to 2021
Table 38. North America Market Value (US$ million) and Forecast By Sales Channel, 2022 to 2032
Table 39. North America Market Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 40. North America Market Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 41. Latin America Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 42. Latin America Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 43. Latin America Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 44. Latin America Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 45. Latin America Market Value (US$ million) and Forecast By Application, 2017 to 2021
Table 46. Latin America Market Value (US$ million) and Forecast By Application, 2022 to 2032
Table 47. Latin America Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 48. Latin America Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 49. Latin America Market Value (US$ million) and Forecast By Vehicle Type, 2017 to 2021
Table 50. Latin America Market Value (US$ million) and Forecast By Vehicle Type, 2022 to 2032
Table 51. Latin America Market Volume (Units) and Forecast By Vehicle Type, 2017 to 2021
Table 52. Latin America Market Volume (Units) and Forecast By Vehicle Type, 2022 to 2032
Table 53. Latin America Market Value (US$ million) and Forecast By Light Source, 2017 to 2021
Table 54. Latin America Market Value (US$ million) and Forecast By Light Source, 2022 to 2032
Table 55. Latin America Market Volume (Units) and Forecast By Light Source, 2017 to 2021
Table 56. Latin America Market Volume (Units) and Forecast By Light Source, 2022 to 2032
Table 57. Latin America Market Value (US$ million) and Forecast By Sales Channel, 2017 to 2021
Table 58. Latin America Market Value (US$ million) and Forecast By Sales Channel, 2022 to 2032
Table 59. Latin America Market Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 60. Latin America Market Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 61. Europe Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 62. Europe Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 63. Europe Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 64. Europe Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 65. Europe Market Value (US$ million) and Forecast By Application, 2017 to 2021
Table 66. Europe Market Value (US$ million) and Forecast By Application, 2022 to 2032
Table 67. Europe Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 68. Europe Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 69. Europe Market Value (US$ million) and Forecast By Vehicle Type, 2017 to 2021
Table 70. Europe Market Value (US$ million) and Forecast By Vehicle Type, 2022 to 2032
Table 71. Europe Market Volume (Units) and Forecast By Vehicle Type, 2017 to 2021
Table 72. Europe Market Volume (Units) and Forecast By Vehicle Type, 2022 to 2032
Table 73. Europe Market Value (US$ million) and Forecast By Light Source, 2017 to 2021
Table 74. Europe Market Value (US$ million) and Forecast By Light Source, 2022 to 2032
Table 75. Europe Market Volume (Units) and Forecast By Light Source, 2017 to 2021
Table 76. Europe Market Volume (Units) and Forecast By Light Source, 2022 to 2032
Table 77. Europe Market Value (US$ million) and Forecast By Sales Channel, 2017 to 2021
Table 78. Europe Market Value (US$ million) and Forecast By Sales Channel, 2022 to 2032
Table 79. Europe Market Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 80. Europe Market Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 81. East Asia Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 82. East Asia Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 83. East Asia Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 84. East Asia Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 85. East Asia Market Value (US$ million) and Forecast By Application, 2017 to 2021
Table 86. East Asia Market Value (US$ million) and Forecast By Application, 2022 to 2032
Table 87. East Asia Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 88. East Asia Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 89. East Asia Market Value (US$ million) and Forecast By Vehicle Type, 2017 to 2021
Table 90. East Asia Market Value (US$ million) and Forecast By Vehicle Type, 2022 to 2032
Table 91. East Asia Market Volume (Units) and Forecast By Vehicle Type, 2017 to 2021
Table 92. East Asia Market Volume (Units) and Forecast By Vehicle Type, 2022 to 2032
Table 93. East Asia Market Value (US$ million) and Forecast By Light Source, 2017 to 2021
Table 94. East Asia Market Value (US$ million) and Forecast By Light Source, 2022 to 2032
Table 95. East Asia Market Volume (Units) and Forecast By Light Source, 2017 to 2021
Table 96. East Asia Market Volume (Units) and Forecast By Light Source, 2022 to 2032
Table 97. East Asia Market Value (US$ million) and Forecast By Sales Channel, 2017 to 2021
Table 98. East Asia Market Value (US$ million) and Forecast By Sales Channel, 2022 to 2032
Table 99. East Asia Market Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 100. East Asia Market Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 101. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 102. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 103. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 104. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 105. South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2017 to 2021
Table 106. South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2022 to 2032
Table 107. South Asia & Oceania Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 108. South Asia & Oceania Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 109. South Asia & Oceania Market Value (US$ million) and Forecast By Vehicle Type, 2017 to 2021
Table 110. South Asia & Oceania Market Value (US$ million) and Forecast By Vehicle Type, 2022 to 2032
Table 111. South Asia & Oceania Market Volume (Units) and Forecast By Vehicle Type, 2017 to 2021
Table 112. South Asia & Oceania Market Volume (Units) and Forecast By Vehicle Type, 2022 to 2032
Table 113. South Asia & Oceania Market Value (US$ million) and Forecast By Light Source, 2017 to 2021
Table 114. South Asia & Oceania Market Value (US$ million) and Forecast By Light Source, 2022 to 2032
Table 115. South Asia & Oceania Market Volume (Units) and Forecast By Light Source, 2017 to 2021
Table 116. South Asia & Oceania Market Volume (Units) and Forecast By Light Source, 2022 to 2032
Table 117. South Asia & Oceania Market Value (US$ million) and Forecast By Sales Channel, 2017 to 2021
Table 118. South Asia & Oceania Market Value (US$ million) and Forecast By Sales Channel, 2022 to 2032
Table 119. South Asia & Oceania Market Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 120. South Asia & Oceania Market Volume (Units) and Forecast By Sales Channel, 2022 to 2032
Table 121. MEA Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 122. MEA Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 123. MEA Market Volume (Units) and Forecast by Country, 2017 to 2021
Table 124. MEA Market Volume (Units) and Forecast by Country, 2022 to 2032
Table 125. MEA Market Value (US$ million) and Forecast By Application, 2017 to 2021
Table 126. MEA Market Value (US$ million) and Forecast By Application, 2022 to 2032
Table 127. MEA Market Volume (Units) and Forecast By Application, 2017 to 2021
Table 128. MEA Market Volume (Units) and Forecast By Application, 2022 to 2032
Table 129. MEA Market Value (US$ million) and Forecast By Vehicle Type, 2017 to 2021
Table 130. MEA Market Value (US$ million) and Forecast By Vehicle Type, 2022 to 2032
Table 131. MEA Market Volume (Units) and Forecast By Vehicle Type, 2017 to 2021
Table 132. MEA Market Volume (Units) and Forecast By Vehicle Type, 2022 to 2032
Table 133. MEA Market Value (US$ million) and Forecast By Light Source, 2017 to 2021
Table 134. MEA Market Value (US$ million) and Forecast By Light Source, 2022 to 2032
Table 135. MEA Market Volume (Units) and Forecast By Light Source, 2017 to 2021
Table 136. MEA Market Volume (Units) and Forecast By Light Source, 2022 to 2032
Table 137. MEA Market Value (US$ million) and Forecast By Sales Channel, 2017 to 2021
Table 138. MEA Market Value (US$ million) and Forecast By Sales Channel, 2022 to 2032
Table 139. MEA Market Volume (Units) and Forecast By Sales Channel, 2017 to 2021
Table 140. MEA Market Volume (Units) and Forecast By Sales Channel, 2022 to 2032
List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (Units) Forecast, 2022 to 2032
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2021 to 2032
Figure 03. Global Market Value (US$ million) and Volume (Units) by Region, 2022 & 2032
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 05. Global Market Value (US$ million) and Volume (Units) By Application, 2022 & 2032
Figure 06. Global Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 07. Global Market Value (US$ million) and Volume (Units) By Vehicle Type, 2022 & 2032
Figure 08. Global Market Y-o-Y Growth Rate By Vehicle Type, 2022 to 2032
Figure 09. Global Market Value (US$ million) and Volume (Units) By Light Source, 2022 & 2032
Figure 10. Global Market Y-o-Y Growth Rate By Light Source, 2022 to 2032
Figure 11. Global Market Value (US$ million) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 12. Global Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 13. North America Market Value (US$ million) and Volume (Units) Forecast, 2022 to 2032
Figure 14. North America Market Absolute $ Opportunity (US$ million), 2021 to 2032
Figure 15. North America Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032
Figure 16. North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 17. North America Market Value (US$ million) and Volume (Units) By Application, 2022 & 2032
Figure 18. North America Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 19. North America Market Value (US$ million) and Volume (Units) By Vehicle Type, 2022 & 2032
Figure 20. North America Market Y-o-Y Growth Rate By Vehicle Type, 2022 to 2032
Figure 21. North America Market Value (US$ million) and Volume (Units) By Light Source, 2022 & 2032
Figure 22. North America Market Y-o-Y Growth Rate By Light Source, 2022 to 2032
Figure 23. North America Market Value (US$ million) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 24. North America Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 25. North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 26. North America Market Attractiveness Analysis By Application, 2022 to 2032
Figure 27. North America Market Attractiveness Analysis By Vehicle Type, 2022 to 2032
Figure 28. North America Market Attractiveness Analysis By Light Source, 2022 to 2032
Figure 29. North America Market Attractiveness Analysis By Sales Channel, 2022 to 2032
Figure 30. Latin America Market Value (US$ million) and Volume (Units) Forecast, 2022 to 2032
Figure 31. Latin America Market Absolute $ Opportunity (US$ million), 2021 to 2032
Figure 32. Latin America Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032
Figure 33. Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 34. Latin America Market Value (US$ million) and Volume (Units) By Application, 2022 & 2032
Figure 35. Latin America Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 36. Latin America Market Value (US$ million) and Volume (Units) By Vehicle Type, 2022 & 2032
Figure 37. Latin America Market Y-o-Y Growth Rate By Vehicle Type, 2022 to 2032
Figure 38. Latin America Market Value (US$ million) and Volume (Units) By Light Source, 2022 & 2032
Figure 39. Latin America Market Y-o-Y Growth Rate By Light Source, 2022 to 2032
Figure 40. Latin America Market Value (US$ million) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 41. Latin America Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 42. Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 43. Latin America Market Attractiveness Analysis By Application, 2022 to 2032
Figure 44. Latin America Market Attractiveness Analysis By Vehicle Type, 2022 to 2032
Figure 45. Latin America Market Attractiveness Analysis By Light Source, 2022 to 2032
Figure 46. Latin America Market Attractiveness Analysis By Sales Channel, 2022 to 2032
Figure 47. Europe Market Value (US$ million) and Volume (Units) Forecast, 2022 to 2032
Figure 48. Europe Market Absolute $ Opportunity (US$ million), 2021 to 2032
Figure 49. Europe Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032
Figure 50. Europe Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 51. Europe Market Value (US$ million) and Volume (Units) By Application, 2022 & 2032
Figure 52. Europe Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 53. Europe Market Value (US$ million) and Volume (Units) By Vehicle Type, 2022 & 2032
Figure 54. Europe Market Y-o-Y Growth Rate By Vehicle Type, 2022 to 2032
Figure 55. Europe Market Value (US$ million) and Volume (Units) By Light Source, 2022 & 2032
Figure 56. Europe Market Y-o-Y Growth Rate By Light Source, 2022 to 2032
Figure 57. Europe Market Value (US$ million) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 58. Europe Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 59. Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 60. Europe Market Attractiveness Analysis By Application, 2022 to 2032
Figure 61. Europe Market Attractiveness Analysis By Vehicle Type, 2022 to 2032
Figure 62. Europe Market Attractiveness Analysis By Light Source, 2022 to 2032
Figure 63. Europe Market Attractiveness Analysis By Sales Channel, 2022 to 2032
Figure 64. East Asia Market Value (US$ million) and Volume (Units) Forecast, 2022 to 2032
Figure 65. East Asia Market Absolute $ Opportunity (US$ million), 2021 to 2032
Figure 66. East Asia Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032
Figure 67. East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 68. East Asia Market Value (US$ million) and Volume (Units) By Application, 2022 & 2032
Figure 69. East Asia Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 70. East Asia Market Value (US$ million) and Volume (Units) By Vehicle Type, 2022 & 2032
Figure 71. East Asia Market Y-o-Y Growth Rate By Vehicle Type, 2022 to 2032
Figure 72. East Asia Market Value (US$ million) and Volume (Units) By Light Source, 2022 & 2032
Figure 73. East Asia Market Y-o-Y Growth Rate By Light Source, 2022 to 2032
Figure 74. East Asia Market Value (US$ million) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 75. East Asia Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 76. East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 77. East Asia Market Attractiveness Analysis By Application, 2022 to 2032
Figure 78. East Asia Market Attractiveness Analysis By Vehicle Type, 2022 to 2032
Figure 79. East Asia Market Attractiveness Analysis By Light Source, 2022 to 2032
Figure 80. East Asia Market Attractiveness Analysis By Sales Channel, 2022 to 2032
Figure 81. South Asia & Oceania Market Value (US$ million) and Volume (Units) Forecast, 2022 to 2032
Figure 82. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2021 to 2032
Figure 83. South Asia & Oceania Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032
Figure 84. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 85. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Application, 2022 & 2032
Figure 86. South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 87. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Vehicle Type, 2022 & 2032
Figure 88. South Asia & Oceania Market Y-o-Y Growth Rate By Vehicle Type, 2022 to 2032
Figure 89. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Light Source, 2022 & 2032
Figure 90. South Asia & Oceania Market Y-o-Y Growth Rate By Light Source, 2022 to 2032
Figure 91. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 92. South Asia & Oceania Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 93. South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 94. South Asia & Oceania Market Attractiveness Analysis By Application, 2022 to 2032
Figure 95. South Asia & Oceania Market Attractiveness Analysis By Vehicle Type, 2022 to 2032
Figure 96. South Asia & Oceania Market Attractiveness Analysis By Light Source, 2022 to 2032
Figure 97. South Asia & Oceania Market Attractiveness Analysis By Sales Channel, 2022 to 2032
Figure 98. MEA Market Value (US$ million) and Volume (Units) Forecast, 2022 to 2032
Figure 99. MEA Market Absolute $ Opportunity (US$ million), 2021 to 2032
Figure 100. MEA Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032
Figure 101. MEA Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 102. MEA Market Value (US$ million) and Volume (Units) By Application, 2022 & 2032
Figure 103. MEA Market Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 104. MEA Market Value (US$ million) and Volume (Units) By Vehicle Type, 2022 & 2032
Figure 105. MEA Market Y-o-Y Growth Rate By Vehicle Type, 2022 to 2032
Figure 106. MEA Market Value (US$ million) and Volume (Units) By Light Source, 2022 & 2032
Figure 107. MEA Market Y-o-Y Growth Rate By Light Source, 2022 to 2032
Figure 108. MEA Market Value (US$ million) and Volume (Units) By Sales Channel, 2022 & 2032
Figure 109. MEA Market Y-o-Y Growth Rate By Sales Channel, 2022 to 2032
Figure 110. MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 111. MEA Market Attractiveness Analysis By Application, 2022 to 2032
Figure 112. MEA Market Attractiveness Analysis By Vehicle Type, 2022 to 2032
Figure 113. MEA Market Attractiveness Analysis By Light Source, 2022 to 2032
Figure 114. MEA Market Attractiveness Analysis By Sales Channel, 2022 to 2032
- FAQs -
How is the market for automotive lighting expected to fare in 2032?
Worldwide demand for automotive lighting is anticipated to reach US$ 68.2 billion by 2032-end.
Which regional automotive lighting market accounts for a leading market share?
East Asia tops the global automotive lighting market accounting for 31.6% market share in 2021.
Which automotive lighting vehicle type holds the highest market share?
Passenger cars account for 59% share of global sales in 2021.
What is the global automotive lighting market size?
The global automotive lighting market is valued at US$ 34.8 billion in 2021.
How did the market perform over the last few years?
During 2017-2021, sales of automotive lighting increased at 0.6% CAGR.
Automotive Lighting Market