Automotive Lighting Market Increasing Demand, Growth Analysis and Future Outlook by 2031

Automotive lighting market is anticipated to grow at a CAGR of 10.1% during the forecast period. Increasing global production of commercial and passenger vehicles is likely to propel the automotive lighting market during the forecast period. According to the International Organization of Motor Vehicle Manufacturers (OICA), South Africa recorded a 3.5% increase in vehicle production in 2019 as compared to 2018. An automotive lighting system provides enhanced visibility in low-light areas and ensures the safety of pedestrians and other drivers which is another major factor bolstering the integration of lighting systems in vehicles. Furthermore, key players are continuously contributing to the growth of the market by launching new products in the market. For instance, in April 2021, Lumileds Holding B.V. launched Philips X-tremeUltinon LED headlight bulbs and fog light bulbs. The LED Headlights are white and bright compared to standard headlights, thus illuminating the road clearly without blinding oncoming drivers. Moreover, the product is designed with safe beam technology which creates a uniform and accurate beam pattern with the right cut-off point to reduce night-time glare. Philips X-tremeUltinon LED bulbs are designed for popular cars, trucks, SUVs, and vans.

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The primary factors that drive the growth of the overall market include the supportive government initiatives that are engaged in the development of sustainable and smart transportation infrastructure. For instance, the government in UK and the Netherlands have introduced these systems to provide smart card technology for the authorities. Further, the increased use of advanced fare collection technologies such as smartcards and electronic payment systems and the growing usage of smartphones for accessing travel information applications are likely to enhance the overall growth of the market during the forecast period.

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  • Market Coverage

  • Market number available for – 2025-2031

  • Base year- 2025

  • Forecast period- 2025-2031

  • Segment Covered- By Source, By Product Type, By Applications

  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

  • , and others


Market Segmentation

Global Automotive Lighting Market by Application Type

  • Front

  • Side

  • Rear

  • Interior


Global Automotive Lighting Market by Technology

  • Light Emitting Diode (LED)

  • Halogen

  • Xenon


Global Automotive Lighting Market by Vehicle Type

  • Passenger Car

  • Commercial Vehicle


Regional Analysis

  • North America

  • United States

  • copyright

  • Europe

  • UK

  • Germany

  • Italy

  • Spain

  • France

  • Rest of Europe

  • Asia-Pacific

  • China

  • India

  • Japan

  • South Korea

  • Rest of Asia-Pacific

  • Rest of the World


Company Profiles 

  • Continental AG

  • DENSO Corp

  • Hella, Inc.

  • Hyundai Motor Group

  • Koito Manufacturing Co. Ltd.

  • Koninklijke Philips N.V.

  • Magneti Marelli S.P.A

  • Marelli Holdings Co., Ltd.

  • Maxxima

  • Mercedes-Benz AG

  • Mobis India Ltd.

  • Optronics International LLC

  • Osram Licht AG

  • Robert Bosch GmbH

  • SpyderAuto

  • Stanley Electric Co.Ltd

  • Tata Motors Ltd.

  • Toyota Motor Corp

  • TYC/GENERA Corp.

  • Valeo

  • Varroc Engineering Ltd.

  • ZKW Zizala Lichtsysteme GmbH


The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.

  • Annualized market revenues ($ million) for each market segment.

  • Country-wise analysis of major geographical regions.

  • Key companies operating in the global automotive lighting market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

  • Analysis of market-entry and market expansion strategies.

  • Competitive strategies by identifying ‘who-stands-where’ in the market.


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