+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Headlight Global Market Report 2024

  • PDF Icon

    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5933979
The headlight market size has grown strongly in recent years. It will grow from $7.15 billion in 2023 to $7.72 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth observed during the historic period can be attributed to several factors, including the implementation of vehicle safety regulations, consumer preferences for aesthetic and design features, advancements in lighting efficiency, the impact of urbanization leading to increased nighttime driving, and a rise in the sales of premium and luxury vehicles. These elements collectively contributed to the expansion witnessed in the past.

The headlight market size is expected to see strong growth in the next few years. It will grow to $10.02 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The anticipated growth in the forecast period can be attributed to several key drivers, including the integration with advanced driver assistance systems (ADAS), a heightened focus on energy efficiency and sustainability, an increasing demand for customization in lighting solutions, and the influence of electric and autonomous vehicles. Major trends expected in the forecast period include the implementation of energy-efficient and smart lighting technologies, advancements in laser headlight technology, compliance with evolving lighting regulations and standards, the development of augmented reality (AR) head-up displays, and a rising adoption of advanced driver assistance systems (ADAS) that interface with vehicle lighting systems. These trends collectively contribute to the projected growth and innovation in the field of automotive lighting in the coming period.

The surge in passenger vehicle sales is expected to serve as a driving force behind the expansion of the headlight market in the foreseeable future. Passenger vehicles, designed primarily for transporting passengers, are witnessing increased sales, highlighting the imperative for advanced and efficient headlights. These headlights are pivotal in ensuring safe driving conditions, particularly during low-light scenarios and adverse weather conditions. For instance, data from the European Automobile Manufacturers' Association (ACEA) in March 2022 indicated a noteworthy rise in passenger car sales in the USA, reaching 11.9 million units in 2021 - a 5.5% increase compared to 2020. Consequently, the upsurge in passenger vehicle sales is poised to propel growth within the headlight market.

Growing concerns regarding road accidents are anticipated to significantly contribute to the expansion of the headlight market moving forward. Road accidents encompass any physical harm or damage resulting from incidents occurring on roads, highways, or transportation routes. Headlights play a pivotal role as a critical safety component in vehicles, enhancing visibility, signaling others, and aiding drivers in responding to changing road conditions. Effective use and maintenance of headlights are crucial in controlling road accidents and ensuring overall road user safety. Notably, a report published by the National Highway Traffic Safety Administration in May 2022 highlighted a concerning statistic, indicating a 10.5% increase in motor vehicle traffic crash-related fatalities, totaling 42,915 in 2021 compared to 38,824 incidents in 2020. This escalation in road accident concerns acts as a driving force propelling the headlight market.

The high costs associated with headlights are anticipated to impede the growth of the headlight market in the forecast period. Headlight technologies, such as high-intensity discharge (HID) lights and light-emitting diodes (LED) bulbs, often come with higher price tags. Additionally, labor costs involved in headlight replacements further add to the expenses. The cost of replacing headlights can significantly vary based on factors such as vehicle make and model, lighting technology type, and whether the replacement involves the entire assembly or solely the bulb. For instance, as reported by Insurance Navy Brokers in January 2023, the total cost for car headlight assembly replacement ranges between $250 to $700. These considerable costs associated with headlights act as a hindrance to the growth potential of the headlight market.

Major players within the headlight market are diligently focusing on pioneering advanced technologies, such as the EVIYOS 2.0 adaptive lighting systems, to establish a competitive edge in the industry. These innovative systems, exemplified by the EVIYOS 2.0, incorporate cutting-edge components such as sensors, electronic control units, actuators, and sophisticated algorithms. These elements work collectively to elevate visibility while concurrently minimizing glare for oncoming traffic, thereby significantly enhancing the safety of driving experiences. For instance, Osram GmbH, a leading Germany-based manufacturer of lighting products, unveiled the EVIYOS 2.0 adaptive lighting system in July 2023. This intelligent multipixel LED system revolutionizes automotive forward lighting, offering fully adaptive and dynamic headlight functionalities. The technology's groundbreaking features extend to projecting high-resolution images and safety warnings onto the road surface, ultimately bolstering road safety by providing improved visibility of potential hazards.

In October 2022, Compagnie Plastic Omnium SE, a prominent France-based manufacturer of automotive components, successfully acquired the automotive lighting systems business from Varroc Engineering Limited for $566.8 million (€520 million). This acquisition was orchestrated to diversify Compagnie Plastic Omnium SE's product portfolio, encompassing an extensive array of lighting products ranging from individual components to comprehensive headlamp systems. This strategic move aimed to strengthen the company's position within the automotive lighting industry significantly. Varroc Engineering Limited, an India-based entity specializing in manufacturing and supplying automotive exterior lighting systems such as headlights and rear lamps.

Major companies operating in the headlight market report are Robert Bosch GmbH, DENSO Corporation, Continental AG, Hyundai Mobis Co. LTD, Magna International Inc., J.W. Speaker Corporation, Valeo SA, Texas Instruments Incorporated, Koninklijke Philips N.V, Marelli Holdings Co. Ltd., Flex-N-Gate Corporation, Koito Manufacturing Co. LTD, Osram GmbH, Hella GmbH And Co KGaA, Automotive Lighting Reutlingen GmbH, SL America Corporation, ZKW Group, Varroc Group, Ichikoh Industries Ltd., Stanley Electric Co. LTD, DEPO Auto Parts Ind. Co. Ltd, Lumax Industries Limited, Lumileds Holding B.V., DeAmertek Corporation, HORPOL J.I.A.T. Horeczy Sp. k, Atlas Specialty Lighting, Oracle Lighting, Sunway Autoparts, Anzo USA , Fuyao Group.

Asia-Pacific was the largest region in the headlight market in 2023 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the headlight market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa The countries covered in the headlight market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The headlight market consists of sales of advanced front lighting systems, such as Bi-Xenon, laser, and sequential turn signal lights, projector headlights, and high-intensity discharge headlights. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The primary types of headlights utilize different technologies, including light-emitting diodes (LED), xenon, and halogen. Light-emitting diodes (LED) are semiconductor light sources that emit light when an electric current passes through them. In headlights, LEDs are employed to deliver bright and clear illumination, significantly improving visibility for drivers, especially in challenging conditions such as nighttime driving and adverse weather. Headlights are integral components used in both passenger cars and commercial vehicles, distributed through original equipment manufacturers (OEM) and aftermarket channels.

The headlight market research report is one of a series of new reports that provides headlight market statistics, including headlight industry global market size, regional shares, competitors with a headlight market share, detailed headlight market segments, market trends and opportunities, and any further data you may need to thrive in the headlight industry. This headlight market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future- scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Headlight Market Characteristics3. Headlight Market Trends and Strategies
4. Headlight Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Headlight Market Size and Growth
5.1. Global Headlight Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Headlight Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Headlight Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Headlight Market Segmentation
6.1. Global Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Light Emitting Diode (LED)
  • Xenon
  • Halogen
6.2. Global Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Passenger Cars
  • Commercial Vehicles
6.3. Global Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Original Equipment Manufacturer (OEM)
  • Aftermarket
7. Headlight Market Regional and Country Analysis
7.1. Global Headlight Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Headlight Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Headlight Market
8.1. Asia-Pacific Headlight 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 Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Headlight Market
9.1. China Headlight Market Overview
9.2. China Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Headlight Market
10.1. India Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Headlight Market
11.1. Japan Headlight Market Overview
11.2. Japan Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Headlight Market
12.1. Australia Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Headlight Market
13.1. Indonesia Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Headlight Market
14.1. South Korea Headlight Market Overview
14.2. South Korea Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Headlight Market
15.1. Western Europe Headlight Market Overview
15.2. Western Europe Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Headlight Market
16.1. UK Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Headlight Market
17.1. Germany Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Headlight Market
18.5. France Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Headlight Market
19.9. Italy Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Headlight Market
20.13. Spain Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Headlight Market
21.1. Eastern Europe Headlight Market Overview
21.2. Eastern Europe Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Headlight Market
22.1. Russia Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Headlight Market
23.1. North America Headlight Market Overview
23.2. North America Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Headlight Market
24.1. USA Headlight Market Overview
24.2. USA Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Headlight Market
25.1. Canada Headlight Market Overview
25.2. Canada Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Headlight Market
26.1. South America Headlight Market Overview
26.2. South America Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Headlight Market
27.1. Brazil Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Headlight Market
28.1. Middle East Headlight Market Overview
28.2. Middle East Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Headlight Market
29.1. Africa Headlight Market Overview
29.2. Africa Headlight Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Headlight Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Headlight Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Headlight Market Competitive Landscape and Company Profiles
30.1. Headlight Market Competitive Landscape
30.2. Headlight Market Company Profiles
30.2.1. Robert Bosch GmbH
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. DENSO Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Continental AG
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Hyundai Mobis Co. LTD
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Magna International Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Headlight Market Other Major and Innovative Companies
31.1. J.W. Speaker Corporation
31.2. Valeo SA
31.3. Texas Instruments Incorporated
31.4. Koninklijke Philips N.V
31.5. Marelli Holdings Co. Ltd.
31.6. Flex-N-Gate Corporation
31.7. Koito Manufacturing Co. LTD
31.8. Osram GmbH
31.9. Hella GmbH and Co KGaA
31.10. Automotive Lighting Reutlingen GmbH
31.11. SL America Corporation
31.12. ZKW Group
31.13. Varroc Group
31.14. Ichikoh Industries Ltd.
31.15. Stanley Electric Co. LTD
32. Global Headlight Market Competitive Benchmarking33. Global Headlight Market Competitive Dashboard34. Key Mergers and Acquisitions in the Headlight Market
35. Headlight Market Future Outlook and Potential Analysis
35.1 Headlight Market in 2028 - Countries Offering Most New Opportunities
35.2 Headlight Market in 2028 - Segments Offering Most New Opportunities
35.3 Headlight Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Headlight Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on headlight market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • 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 shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for headlight? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This 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.
  • 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, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the 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 growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter 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.

Scope

Markets Covered:
1) By Technology: Light Emitting Diode (LED); Xenon; Halogen
2) By Vehicle Type: Passenger Cars; Commercial Vehicles
3) By Distribution Channel: Original Equipment Manufacturer (OEM); Aftermarket

Key Companies Mentioned: Robert Bosch GmbH; DENSO Corporation; Continental AG; Hyundai Mobis Co. LTD; Magna International Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

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

Time Series: Five years historic and ten years forecast

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

Data Segmentation: 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

Delivery Format: PDF, Word and Excel Data Dashboard

Methodology

Loading
LOADING...