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On-highway Vehicle Lighting Market Size, Share & Trends Analysis Report by Product, by Application, by Vehicle Type, by Region, and Segment Forecasts, 2021-2028

  • ID: 4613434
  • Report
  • April 2021
  • Region: Global
  • 105 pages
  • Grand View Research

FEATURED COMPANIES

  • Koninklijke Philips N.V.
  • Maxxima
  • Spyder Auto
  • TYC Genera
  • Valeo

The global on-highway vehicle lighting market size is expected to reach USD 37.74 billion by 2028. It is projected to register a CAGR of 4.9% from 2021 to 2028. The growing adoption of the latest technologies in automotive lighting and increasing penetration of LED lighting in the automotive industry are anticipated to drive the demand for on-highway vehicle lighting. Automotive lighting has continuously been evolving as manufacturers seek innovative ways to strengthen safety, improve performance, and enhance aesthetics. Headlamps are particularly expected to witness developments in line with advancements in LED and laser technologies.



Prominent market players are coming up with laser headlights featuring advanced lighting technology. For instance, Osram provides its laser headlights to automotive manufacturers such as BMW and Audi. Models such as Audi R8 and R8 LMX, BMW i8, and BMW 7 series feature Osram’s laser headlights. Laser headlights provide luminance of up to five times higher than other light sources. They also provide a better high beam range of 300-600 meters as compared to conventional headlights.

The COVID-19 pandemic has impacted the demand for on-highway vehicle lighting in 2020. The pandemic has resulted in restrictions and lockdowns across the globe, subsequently leading to losses for industries such as manufacturing, automobile, entertainment, restaurant, and hospitality. This slumped business scenario is anticipated to negatively impact automotive production and demand for on-highway vehicle lighting. The global automotive production witnessed an approximate 16% decline in 2020 as compared to 91.8 million units in 2019. However, with the revival of economies and the gradual relaxation of restrictions, the market is likely to witness significant growth over the forecast period.

Asia Pacific captured around 50% of the on-highway vehicle lighting demand in 2020 and is estimated to register the highest CAGR of 5.3% over the forecast period. The growing investments in lighting technology and evolving automotive industry in emerging economies such as China and India are expected to drive the growth of the LED and LASER markets. The Make In India campaign is expected to draw substantial investments in the automotive sector owing to several benefits in the country such as low-cost labor and cheaper raw materials.

On-highway Vehicle Lighting Market Report Highlights

  • In terms of product, the LASER segment is estimated to register the highest CAGR of 12.5% from 2021 to 2028 owing to the increasing demand for luxury vehicles across the developed and emerging economies.
  • In terms of application, the headlight segment emerged as the largest segment in 2020 and is anticipated to retain its dominance over the forecast period.
  • In terms of vehicle type, the passenger car segment accounted for a dominant share of over 44% in 2020. The segment is projected to record the highest CAGR from 2021 to 2028.
  • Asia Pacific captured over 50% of the market share in 2020. The region is expected to retain dominance over the forecast period owing to increasing passenger car sales in emerging economies such as China and India.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Koninklijke Philips N.V.
  • Maxxima
  • Spyder Auto
  • TYC Genera
  • Valeo

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Research Methodology
1.4 Information Procurement
1.4.1 Purchased Database
1.4.2 Internal Database
1.4.3 List Of Secondary Sources
1.4.4 Primary Research
1.5 Information Analysis
1.6 Market Formulation & Data Visualization
1.7 Data Validation & Publishing

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 On-Highway Vehicle Lighting Market Variables, Trends & Scope
3.1 Penetration & Growth Prospect Mapping
3.2 Industry Value Chain Analysis
3.3 On-Highway Vehicle Lighting Market Dynamics
3.3.1 Market Driver Analysis
3.3.1.1 Increasing penetration of LED lighting in the automotive industry
3.3.1.2 Adoption of latest technologies in automotive lighting
3.3.1.3 Stringent government regulations for road safety and fuel efficiency
3.3.2 Market Restraint Analysis
3.3.2.1 Increasing cost pressure on manufacturers
3.3.2.2 Stringent regulations to ensure optimum road illumination
3.4 On-Highway Vehicle Lighting Industry Analysis - Porter’s
3.5 On-Highway Vehicle Lighting Industry Analysis - PEST
3.6 On-Highway Vehicle Lighting Market - COVID-19 Impact
3.7 On-Highway Vehicle Lighting Market: Key Company Analysis, 2019

Chapter 4 On-Highway Vehicle Lighting Market: Product Segment Analysis
4.1 On-Highway Vehicle Lighting Market: By Product Segment Outlook & Market Share 2020 and 2028
4.2 Halogen
4.2.1 Halogen market, By region, 2016 - 2028 (USD Million)
4.3 HID
4.3.1 HID market, By region, 2016 - 2028 (USD Million)
4.4 LED
4.4.1 LED market, By region, 2016 - 2028 (USD Million)
4.5 Incandescent
4.5.1 Incandescent market, By region, 2016 - 2028 (USD Million)
4.6 LASER
4.6.1 LASER market, By region, 2016 - 2028 (USD Million)

Chapter 5 On-Highway Vehicle Lighting Market: Application Segment Analysis
5.1 On-Highway Vehicle Lighting Market: By Application Segment Outlook & Market Share 2020 and 2028
5.2 Headlight
5.2.1 Headlight market, By region, 2016 - 2028 (USD Million)
5.3 Exterior Lights
5.3.1 Exterior lights market, By region, 2016 - 2028 (USD Million)
5.4 Interior Lights
5.4.1 Interior lights market, By region, 2016 - 2028 (USD Million)

Chapter 6 On-Highway Vehicle Lighting Market: Vehicle Type Segment Analysis
6.1 On-Highway Vehicle Lighting Market: By Vehicle Type Segment Outlook & Market Share 2020 and 2028
6.2 Motorcycle
6.2.1 Motorcycle market, By region, 2016 - 2028 (USD Million)
6.3 Passenger Cars
6.3.1 Passenger Cars market, By region, 2016 - 2028 (USD Million)
6.4 Buses
6.4.1 Buses market, By region, 2016 - 2028 (USD Million)
6.5 Light Trucks
6.5.1 Light Trucks market, By region, 2016 - 2028 (USD Million)
6.6 Medium Trucks
6.6.1 Medium Trucks market, By region, 2016 - 2028 (USD Million)
6.7 Heavy Trucks
6.7.1 Heavy Trucks market, By region, 2016 - 2028 (USD Million)

Chapter 7 On-Highway Vehicle Lighting Market: Regional Segment Analysis
7.1 On-Highway Vehicle Lighting Market: By Region Segment Outlook & Market Share 2020 and 2028
7.2 North America
7.2.1 North America on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.2.2 North America on-highway vehicle lighting market, by Application, 2016 - 2028 (USD Million)
7.2.3 North America on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.2.4 U.S.
7.2.4.1 U.S. on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.2.4.2 U.S. on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.2.4.3 U.S. on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.2.5 Canada
7.2.5.1 Canada on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.2.5.2 Canada on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.2.5.3 Canada on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.3 Europe
7.3.1 Europe on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.3.2 Europe on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.3.3 Europe on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.3.4 Germany
7.3.4.1 Germany on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.3.4.2 Germany on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.3.4.3 Germany on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.3.5 U.K.
7.3.5.1 U.K. on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.3.5.2 U.K. on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.3.5.3 U.K. on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.3.6 Rest of Europe
7.3.6.1 Rest of Europe on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.3.6.2 Rest of Europe on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.3.6.3 Rest of Europe on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.4 Asia Pacific
7.4.1 Asia Pacific on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.4.2 Asia Pacific on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.4.3 Asia Pacific on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.4.4 China
7.4.4.1 China on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.4.4.2 China on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.4.4.3 China on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.4.5 Japan
7.4.5.1 Japan on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.4.5.2 Japan on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.4.5.3 Japan on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.4.6 India
7.4.6.1 India on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.4.6.2 India on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.4.6.3 India on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.4.7 Rest of Asia Pacific
7.4.7.1 Rest of Asia Pacific on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.4.7.2 Rest of Asia Pacific on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.4.7.3 Rest of Asia Pacific on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.5 Latin America
7.5.1 Latin America on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.5.2 Latin America on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.5.3 Latin America on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.5.4 Brazil
7.5.4.1 Brazil on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.5.4.2 Brazil on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.5.4.3 Brazil on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.5.5 Mexico
7.5.5.1 Mexico on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.5.5.2 Mexico on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.5.5.3 Mexico on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.5.6 Rest of Latin America
7.5.6.1 Rest of Latin America on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.5.6.2 Rest of Latin America on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.5.6.3 Rest of Latin America on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
7.6 Middle East & Africa (MEA)
7.6.1 MEA on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
7.6.2 MEA on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
7.6.3 MEA on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)

Chapter 8 Competitive Landscape
8.1 Company Profiles
8.1.1 KOITO MANUFACTURING CO., LTD.
8.1.1.1 Company Overview
8.1.1.2 Financial Performance
8.1.1.3 Product Benchmarking
8.1.1.4 Strategic Initiatives
8.1.2 Koninklijke Philips N.V.
8.1.2.1 Company Overview
8.1.2.2 Financial Performance
8.1.2.3 Product Benchmarking
8.1.2.4 Strategic Initiatives
8.1.3 Marelli Automotive Lighting
8.1.3.1 Company Overview
8.1.3.2 Financial Performance
8.1.3.3 Product Benchmarking
8.1.3.4 Strategic Initiatives
8.1.4 Valeo
8.1.4.1 Company Overview
8.1.4.2 Financial Performance
8.1.4.3 Product Benchmarking
8.1.4.4 Strategic Initiatives
8.1.5 Zizala Lichtsysteme GmbH (LG Electronics)
8.1.5.1 Company Overview
8.1.5.2 Financial Performance
8.1.5.3 Product Benchmarking
8.1.5.4 Strategic Initiatives
8.1.6 TYC Genera
8.1.6.1 Company Overview
8.1.6.2 Financial Performance
8.1.6.3 Product Benchmarking
8.1.7 Spyder Auto
8.1.7.1 Company Overview
8.1.7.2 Product Benchmarking
8.1.8 Maxxima
8.1.8.1 Company Overview
8.1.8.2 Product Benchmarking
8.1.9 Optronics International LLC
8.1.9.1 Company Overview
8.1.9.2 Financial Performance
8.1.9.3 Product Benchmarking
8.1.9.4 Strategic Initiatives

List of Tables
Table 1 Halogen market, by region, 2016 - 2028 (USD Million)
Table 2 HID market, by region, 2016 - 2028 (USD Million)
Table 3 LED market, by region, 2016 - 2028 (USD Million)
Table 4 Incandescent market, by region, 2016 - 2028 (USD Million)
Table 5 LASER market, by region, 2016 - 2028 (USD Million)
Table 6 Headlight market, by region, 2016 - 2028 (USD Million)
Table 7 Exterior lights market, by region, 2016 - 2028 (USD Million)
Table 8 Interior lights market, by region, 2016 - 2028 (USD Million)
Table 9 Motorcycle market, by region, 2016 - 2028 (USD Million)
Table 10 Passenger cars market, by region, 2016 - 2028 (USD Million)
Table 11 Buses market, by region, 2016 - 2028 (USD Million)
Table 12 Light trucks market, by region, 2016 - 2028 (USD Million)
Table 13 Medium trucks market, by region, 2016 - 2028 (USD Million)
Table 14 Heavy trucks market, by region, 2016 - 2028 (USD Million)
Table 15 North America on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 16 North America on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 17 North America on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 18 U.S. on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 19 U.S. on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 20 U.S. on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 21 Canada on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 22 Canada on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 23 Canada on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 24 Europe on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 25 Europe on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 26 Europe on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 27 Germany on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 28 Germany on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 29 Germany on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 30 U.K. on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 31 U.K. on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 32 U.K. on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 33 Rest of Europe on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 34 Rest of Europe on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 35 Rest of Europe on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 36 Asia Pacific on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 37 Asia Pacific on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 38 Asia Pacific on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 39 China on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 40 China on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 41 China on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 42 Japan on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 43 Japan on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 44 Japan on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 45 India on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 46 India on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 47 India on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 48 Rest of Asia Pacific on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 49 Rest of Asia Pacific on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 50 Rest of Asia Pacific on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 51 Latin America on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 52 Latin America on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 53 Latin America on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 54 Brazil on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 55 Brazil on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 56 Brazil on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 57 Mexico on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 58 Mexico on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 59 Mexico on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 60 Rest of Latin America on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 61 Rest of Latin America on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 62 Rest of Latin America on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)
Table 63 MEA on-highway vehicle lighting market, by product, 2016 - 2028 (USD Million)
Table 64 MEA on-highway vehicle lighting market, by application, 2016 - 2028 (USD Million)
Table 65 MEA on-highway vehicle lighting market, by vehicle type, 2016 - 2028 (USD Million)

List of Figures
Fig. 1 On-highway vehicle lighting market segmentation
Fig. 2 Market research process
Fig. 3 Primary research process
Fig. 4 Information Analysis
Fig. 5 Data validation and publishing
Fig. 6 On-highway vehicle lighting market snapshot
Fig. 7 Penetration & growth prospect mapping
Fig. 8 Industry value chain analysis
Fig. 9 Market driver analysis
Fig. 10 Market restraint analysis
Fig. 11 Porter’s analysis
Fig. 12 PEST analysis
Fig. 13 On-highway vehicle lighting market: By product segment outlook & market share, 2020 and 2028
Fig. 14 On-highway vehicle lighting market: By application segment outlook & market share, 2020 and 2028
Fig. 15 On-highway vehicle lighting market: By vehicle type segment outlook & market share, 2020 and 2028
Fig. 16 On-highway vehicle lighting market: By region segment outlook & market share, 2020 and 2028

Note: Product cover images may vary from those shown
  • KOITO MANUFACTURING CO., LTD.
  • Koninklijke Philips N.V.
  • Marelli Automotive Lighting
  • Valeo
  • Zizala Lichtsysteme GmbH (LG Electronics)
  • TYC Genera
  • Spyder Auto
  • Maxxima
  • Optronics International LLC
Note: Product cover images may vary from those shown

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