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Automotive Light Emitting Diode (LED) Bulbs Global Market Report 2022, By Vehicle Type, By Adaptive Lighting, By Sales Channel

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    Report

  • 175 Pages
  • March 2022
  • Region: Global
  • The Business Research Company
  • ID: 5562224
Automotive Light Emitting Diode (LED) Bulbs Global Market Report 2022 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global automotive light emitting diode (led) bulbs 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 light emitting diode (led) bulbs? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Automotive Light Emitting Diode (LED) Bulbs market global report from the publisher 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 light emitting diode (led) bulbs 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 light emitting diode (led) bulbs market section of the report gives context. It compares the automotive light emitting diode (led) bulbs market with other segments of the automotive light emitting diode (led) bulbs market by size and growth, historic and forecast

Scope


Markets Covered:

1) By Vehicle Type: Passenger Car; Light Commercial Vehicle (LCV); Heavy Commercial Vehicle(HCV)
2)By Adaptive Lighting: Front Adaptive Lighting; Rear Adaptive Lighting; Ambient Adaptive Lighting
3) By Sales Channel: OEM; Aftermarket

Companies Mentioned: SG Automotive; Hella; KOITO; Magneti Marelli; OSRAM

Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; 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 Light Emitting Diode (Led) Bulbs Market

What is the estimated value of the Global Automotive Light Emitting Diode (Led) Bulbs Market?

The Global Automotive Light Emitting Diode (Led) Bulbs Market was estimated to be valued at $9.21 billion in 2022.

What is the growth rate of the Global Automotive Light Emitting Diode (Led) Bulbs Market?

The growth rate of the Global Automotive Light Emitting Diode (Led) Bulbs Market is 14.1%, with an estimated value of $15.61 billion by 2026.

What is the forecasted size of the Global Automotive Light Emitting Diode (Led) Bulbs Market?

The Global Automotive Light Emitting Diode (Led) Bulbs Market is estimated to be worth $15.61 billion by 2026.

Who are the key companies in the Global Automotive Light Emitting Diode (Led) Bulbs Market?

Key companies in the Global Automotive Light Emitting Diode (Led) Bulbs Market include SG Automotive, Hella, KOITO, Magneti Marelli, OSRAM, Valeo, Stanley Electric Co. Ltd., Varroc and Magneti Marelli.

Table of Contents

1. Executive Summary2. Automotive Light Emitting Diode (LED) Bulbs Market Characteristics3. Automotive Light Emitting Diode (LED) Bulbs Market Trends And Strategies4. Impact Of COVID-19 On Automotive Light Emitting Diode (LED) Bulbs
5. Automotive Light Emitting Diode (LED) Bulbs Market Size And Growth
5.1. Global Automotive Light Emitting Diode (LED) Bulbs Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Automotive Light Emitting Diode (LED) Bulbs Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Automotive Light Emitting Diode (LED) Bulbs Market Segmentation
6.1. Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Passenger Car
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle(HCV)
6.2. Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Adaptive Lighting, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Front Adaptive Lighting
  • Rear Adaptive Lighting
  • Ambient Adaptive Lighting
6.3. Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Sales Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • OEM
  • Aftermarket

7. Automotive Light Emitting Diode (LED) Bulbs Market Regional And Country Analysis
7.1. Global Automotive Light Emitting Diode (LED) Bulbs Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Automotive Light Emitting Diode (LED) Bulbs Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Automotive Light Emitting Diode (LED) Bulbs Market
8.1. Asia-Pacific Automotive Light Emitting Diode (LED) Bulbs 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 Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Automotive Light Emitting Diode (LED) Bulbs Market
9.1. China Automotive Light Emitting Diode (LED) Bulbs Market Overview
9.2. China Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Automotive Light Emitting Diode (LED) Bulbs Market
10.1. India Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Automotive Light Emitting Diode (LED) Bulbs Market
11.1. Japan Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Automotive Light Emitting Diode (LED) Bulbs Market
12.1. Australia Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Automotive Light Emitting Diode (LED) Bulbs Market
13.1. Indonesia Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Automotive Light Emitting Diode (LED) Bulbs Market
14.1. South Korea Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Automotive Light Emitting Diode (LED) Bulbs Market
15.1. Western Europe Automotive Light Emitting Diode (LED) Bulbs Market Overview
15.2. Western Europe Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Automotive Light Emitting Diode (LED) Bulbs Market
16.1. UK Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Automotive Light Emitting Diode (LED) Bulbs Market
17.1. Germany Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Automotive Light Emitting Diode (LED) Bulbs Market
18.3. France Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Automotive Light Emitting Diode (LED) Bulbs Market
19.1. Eastern Europe Automotive Light Emitting Diode (LED) Bulbs Market Overview
19.2. Eastern Europe Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Automotive Light Emitting Diode (LED) Bulbs Market
20.1. Russia Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Automotive Light Emitting Diode (LED) Bulbs Market
21.1. North America Automotive Light Emitting Diode (LED) Bulbs Market Overview
21.2. North America Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Automotive Light Emitting Diode (LED) Bulbs Market
22.1. USA Automotive Light Emitting Diode (LED) Bulbs Market Overview
22.2. USA Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Automotive Light Emitting Diode (LED) Bulbs Market
23.1. South America Automotive Light Emitting Diode (LED) Bulbs Market Overview
23.2. South America Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Automotive Light Emitting Diode (LED) Bulbs Market
24.1. Brazil Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Automotive Light Emitting Diode (LED) Bulbs Market
25.1. Middle East Automotive Light Emitting Diode (LED) Bulbs Market Overview
25.2. Middle East Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Automotive Light Emitting Diode (LED) Bulbs Market
26.1. Africa Automotive Light Emitting Diode (LED) Bulbs Market Overview
26.2. Africa Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Automotive Light Emitting Diode (LED) Bulbs Market Competitive Landscape And Company Profiles
27.1. Automotive Light Emitting Diode (LED) Bulbs Market Competitive Landscape
27.2. Automotive Light Emitting Diode (LED) Bulbs Market Company Profiles
27.2.1. SG Automotive
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. Hella
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. KOITO
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. Magneti Marelli
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. OSRAM
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 Light Emitting Diode (LED) Bulbs Market29. Automotive Light Emitting Diode (LED) Bulbs 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

Executive Summary

Major players in the automotive light emitting diode bulbs market are SG Automotive, Hella, KOITO, Magneti Marelli, OSRAM, Valeo, Stanley Electric Co. Ltd., Varroc, Koninklijke Philips N.V., Magneti Marelli, and Koito Manufacturing.

The global automotive light emitting diode (led) bulbs market is expected to grow from $8.02 billion in 2021 to $9.21 billion in 2022 at a compound annual growth rate (CAGR) of 14.9%.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 $15.61 billion in 2026 at a CAGR of 14.1%.

The automotive light emitting diode bulb manufacturing market consists of sales of LED automobile bulbs that are an upgrade over the standard filament bulbs used in sidelights, fog lights, brake lights, indicators, number plates and more. LED bulbs give off a bright, distinctive glow and last longer than standard bulbs, with up to 5000 hours of rated life.

The main vehicle types of automotive light-emitting diode bulbs are passenger cars, light commercial vehicles and heavy commercial vehicles. Light commercial vehicles are vehicles that are less than or equal to 3.5 tones gross vehicle mass and are designed to transport goods or specialized equipment. Utility vehicles, panel vans, cab chassis vehicles, and goods vans are examples of light commercial vehicles. The automotive light-emitting diode bulb is used in front adaptive lighting, rear adaptive lighting and ambient adaptive lighting that are distributed through OEM and aftermarket sales channels.

Asia Pacific was the largest region in the automotive light emitting diode bulbs market in 2021. North America was the second-largest region in the automotive light emitting diode bulbs market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Technological advancements in the automotive light emitting diode (LED) technology is expected to drive market growth. Some of the new technologies include µAFS LED headlights, bend lighting headlamps and flexible OLED for vehicle lighting. For example, in January 2019, SLD Laser, a California-based company that develops and produces award-winning visible laser light sources, announced the release of its Laser Light sources for automotive and specialty lighting applications. In the future, Laser Light innovation will allow modern lighting features in the next generation of stand-alone driving applications, using a small 1-millimetre mirror relying on MEMS (Micro-Electro-Mechanical Systems) technology, to direct the light onto the lane. Thus, increasing technology adoption is expected to drive the demand for advanced automotive LED bulb products going forward.

High cost of advanced LED lights has been a major challenge for the automotive LED bulbs market. As the efficiency and longevity of the LED bulbs is improving, manufacturing costs are rising due to less volume sale. Automotive LED lights are expensive than halogen bulbs used traditionally in automobiles which is restraining market growth. In 2019, the cost of an LED lighting bulb was $5/km at package level (luminaires costs $20-$100/km) whereas the cost of advanced LED lighting, OLED cost around $300-$500/km at panel level.

With increasing awareness about global warming and carbon emissions, customers are increasingly using Organic LED, whose emitting panels are made of organic material. They can also be color tuned and are used to make light panels. For instance, car manufacturers BMW and Audi are using OLED taillights due to its flexibility, efficiency and homogeneity.

In October 2019, Minda Industries Ltd., a Gurugram based company that manufacture diverse auto components for Indian and International OEMs acquired Delvis GmbH for $25.60 million. This acquisition is expected to deliver considerable synergies for growth of Minda Industries Ltd lamp business in India and enhance its product offerings to original equipment manufacturers (OEMs). Delvis GmbH, a Germany based automotive company that manufactures lighting fixtures and equipment.

The countries covered in the automotive light emitting diode bulbs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • SG Automotive
  • Hella
  • KOITO
  • Magneti Marelli
  • OSRAM
  • Valeo
  • Stanley Electric Co. Ltd.
  • Varroc
  • Koninklijke Philips N.V.
  • Magneti Marelli
  • Koito Manufacturing
  • Stanley Electric Co. Ltd.
  • Mercedes-Benz
  • Koninklijke Phillips
  • Hyundai Group
  • Toyota Motor Corporations
  • Zizala Corporations
  • Lichtsysteme Gmbh
  • Automotive Lighting
  • Flextronics Automotive GmbH & Co. KG (formerly Sidler Automotive)
  • Grupo Antolin Irausa S.A.
  • Ichikoh Industries Ltd.
  • SL Corporation

Methodology

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