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Automotive Lighting Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5323303
  • Report
  • May 2021
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • Bosch Lighting Technology
  • Grupo Antolin
  • ICHIKOH INDUSTRIES, LTD.
  • Lumax Industries Limited
  • Osram Licht AG
  • Valeo Lighting Systems
Automotive Lighting Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global automotive lighting market as it emerges from the COVID-19 shut down.







Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the automotive lighting? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Automotive Lighting market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider automotive lighting market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The automotive lighting market section of the report gives context. It compares the automotive lighting market with other segments of the automotive lighting market by size and growth, historic and forecast.

Scope

Markets Covered:

1) By Vehicle Type: Passenger Vehicle; Commercial Vehicle 2) By Technology: Halogen; Xenon/HID (High-intensity Discharge Lamp); LED (Light Emitting Diode) 3) By Application: Front/Headlamps; Rear Lighting; Side; Interior Lighting

Companies Mentioned: Hella; Koito Manufacturing Co. Ltd.; Osram Licht AG; Koninklijke Philips N.V.; Magnetti Marelli

Countries: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia

Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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Frequently Asked Questions about the Global Automotive Lighting Market

What is the estimated value of the Global Automotive Lighting Market?

The Global Automotive Lighting Market was estimated to be valued at $25.2 billion in 2021.

What is the growth rate of the Global Automotive Lighting Market?

The growth rate of the Global Automotive Lighting Market is 7.6%, with an estimated value of $33.8 billion by 2025.

What is the forecasted size of the Global Automotive Lighting Market?

The Global Automotive Lighting Market is estimated to be worth $33.8 billion by 2025.

Who are the key companies in the Global Automotive Lighting Market?

Key companies in the Global Automotive Lighting Market include Hella, Koito Manufacturing Co. Ltd., Osram Licht AG, Koninklijke Philips N.V., Magnetti Marelli, Grupo Antolin, Flex Automotive GmbH, Lumax Industries Limited and Bosch Lighting Technology.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bosch Lighting Technology
  • Grupo Antolin
  • ICHIKOH INDUSTRIES, LTD.
  • Lumax Industries Limited
  • Osram Licht AG
  • Valeo Lighting Systems

1. Executive Summary2. Automotive Lighting Market Characteristics3. Automotive Lighting Market Trends and Strategies4. Impact of COVID-19 on Automotive Lighting
5. Automotive Lighting Market Size and Growth
5.1. Global Automotive Lighting Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Automotive Lighting Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market
6. Automotive Lighting Market Segmentation
6.1. Global Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Passenger Vehicle
  • Commercial Vehicle
6.2. Global Automotive Lighting Market, Segmentation by Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Halogen
  • Xenon/HID (High-intensity Discharge Lamp)
  • LED (Light Emitting Diode
6.3. Global Automotive Lighting Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Front/Headlamps
  • Rear Lighting
  • Side
  • Interior Lighting

7. Automotive Lighting Market Regional and Country Analysis
7.1. Global Automotive Lighting Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Automotive Lighting Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8. Asia-Pacific Automotive Lighting Market
8.1. Asia-Pacific Automotive Lighting Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
9. China Automotive Lighting Market
9.1. China Automotive Lighting Market Overview
9.2. China Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
10. India Automotive Lighting Market
10.1. India Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11. Japan Automotive Lighting Market
11.1. Japan Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12. Australia Automotive Lighting Market
12.1. Australia Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13. Indonesia Automotive Lighting Market
13.1. Indonesia Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14. South Korea Automotive Lighting Market
14.1. South Korea Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15. Western Europe Automotive Lighting Market
15.1. Western Europe Automotive Lighting Market Overview
15.2. Western Europe Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16. UK Automotive Lighting Market
16.1. UK Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17. Germany Automotive Lighting Market
17.1. Germany Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18. France Automotive Lighting Market
18.3. France Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19. Eastern Europe Automotive Lighting Market
19.1. Eastern Europe Automotive Lighting Market Overview
19.2. Eastern Europe Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20. Russia Automotive Lighting Market
20.1. Russia Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21. North America Automotive Lighting Market
21.1. North America Automotive Lighting Market Overview
21.2. North America Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22. USA Automotive Lighting Market
22.1. USA Automotive Lighting Market Overview
22.2. USA Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23. South America Automotive Lighting Market
23.1. South America Automotive Lighting Market Overview
23.2. South America Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24. Brazil Automotive Lighting Market
24.1. Brazil Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25. Middle East Automotive Lighting Market
25.1. Middle East Automotive Lighting Market Overview
25.2. Middle East Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26. Africa Automotive Lighting Market
26.1. Africa Automotive Lighting Market Overview
26.2. Africa Automotive Lighting Market, Segmentation by Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
27. Automotive Lighting Market Competitive Landscape and Company Profiles
27.1. Automotive Lighting Market Competitive Landscape
27.2. Automotive Lighting Market Company Profiles
27.2.1. Hella
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Koito Manufacturing Co. Ltd.
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Osram Licht AG
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Koninklijke Philips N.V.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Magnetti Marelli
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
29. Key Mergers and Acquisitions in the Automotive Lighting Market29. Automotive Lighting Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bosch Lighting Technology
  • Grupo Antolin
  • ICHIKOH INDUSTRIES, LTD.
  • Lumax Industries Limited
  • Osram Licht AG
  • Valeo Lighting Systems
Major players in the automotive lighting market are Hella, Koito Manufacturing Co. Ltd., Osram Licht AG, Koninklijke Philips N.V., Magnetti Marelli, Grupo Antolin, Flex Automotive GmbH, Lumax Industries Limited, Valeo Lighting Systems and Bosch Lighting Technology.

The global automotive lighting market is expected to grow from $24.42 billion in 2020 to $25.17 billion in 2021 at a compound annual growth rate (CAGR) of 3.1%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $33.78 billion in 2025 at a CAGR of 8%.

The automotive lighting market consists of sales of automotive lighting and related services. Automotive lighting and signalling devices are mounted on the front, rear, sides, and in some cases the top of a motor vehicle. The lighting system also makes the vehicle more visible especially in low light conditions.

During the historic period, a growing emphasis on road safety contributed to the growth of automotive lighting market. The demand for safety features along with the adaptive lighting system has increased due to an increase in the number of road accidents worldwide. According to the National Crime Records Bureau (NCRB), 2019 data, 4,37,396 road accidents were recorded across India, resulting in the death of 1,54,732 people and injuries to another 4,39,262. Vehicles with adaptive and advanced lightings can provide optimum road illumination and detect objects on the road, thereby enabling the driver to take appropriate actions. These factors are leading to the growth in demand for adaptive and better lighting systems in vehicles and will thereby drive automotive lighting market.

During the forecast period, the rapid increase in the number of LED modules in automobile lighting brings in new requirements on system hardware for the automotive lighting market. The reduced component size to fit additional electronics in the same space to improved energy efficiency and performance within the same or lower thermal budget is posing to be a significant challenge for the manufacturers. The main challenge arises while installing the connected supporting and flexible architectures that enable multiple configurations as well as accurate control to preserve LED light characteristics. Thus, the sudden demand for LED modules in automobile lighting is expected to restrain the market.

The automotive lighting market covered in this report is segmented by vehicle type into passenger vehicle, commercial vehicle by technology: halogen, xenon/hid (high-intensity discharge lamp), led (light emitting diode) and by application into front/headlamps, rear lighting, side, interior lighting.

Companies in the automotive lighting market are investing heavily to develop fog-free lamps. This automotive lighting resolves fog issues and also fulfill requirements such temperature, humidity and vibration that were challenging earlier. For instance, in 2018, Hyundai Mobis announced that it has succeeded in developing new materials that can technically resolve fog issues. The company partnered with Initz (SK Chemical's subsidiary) in developing new material using various additives to plastic that does not emit gases. It also developed material that reduces the weight of the lamp by 20%. The development of fog-free lamps will contribute to the growth of the market.

In October 2019, Minda Industries, a supplier of automotive solutions to original equipment manufacturers, acquired Delvis for approximately €21 million ($23.06 million). The acquisition will enhance the technological capabilities in the existing product line in Minda Industries. Delvis is an innovative automotive lighting systems engineering and design company and worked closely with German car makers like Volkswagen, Audi, and Porsche.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Hella
  • Koito Manufacturing Co. Ltd.
  • Osram Licht AG
  • Koninklijke Philips N.V.
  • Magnetti Marelli
  • Grupo Antolin
  • Flex Automotive GmbH
  • Lumax Industries Limited
  • Valeo Lighting Systems
  • Bosch Lighting Technology
  • Seima
  • Visteon
  • ICHIKOH INDUSTRIES, LTD.
  • STANLEY ELECTRIC CO., LTD.
  • Peterson Manufacturing Company
Note: Product cover images may vary from those shown

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