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LAMEA Headlight Market Size, Share & Trends Analysis Report By Sales Channel, By Vehicle Propulsion (ICE Vehicle and Electric Vehicle), By Vehicle Type, By Technology (LED, Halogen, and Xenon), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 162 Pages
  • March 2024
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953556
The LAMEA Headlight Market would witness market growth of 7.9% CAGR during the forecast period (2023-2030).

The Brazil market dominated the LAMEA Headlight Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $206.3 Million by 2030. The Argentina market is showcasing a CAGR of 8.3% during (2023 - 2030). Additionally, The UAE market would register to witness a CAGR of 7.5% during (2023 - 2030).



Lighting in automotive vehicles serves multiple purposes beyond just providing illumination for the driver. It enhances the vehicle's overall aesthetics, both inside and out, and also plays a crucial role in increasing the vehicle's visibility to other road users, thus improving safety. The lighting system in a vehicle includes various lighting and signaling devices, such as headlights, taillights, turn signals, brake lights, and interior lights. These types of lighting equipment are strategically placed at different locations in the vehicle to serve their specific functions.

Headlights are a critical component of a vehicle's lighting system, located at the front to illuminate the road ahead for the driver. They are designed to provide sufficient light for safe driving, particularly in low-light conditions such as nighttime, fog, or inclement weather. Additionally, headlights make the vehicle more visible to other road users, enhancing safety by reducing the risk of collisions.

Saudi Arabia was responsible for more than 52% of GCC auto sales in 2020, according to the International Trade Administration in 2021. In Saudi Arabia, 436,000 automobiles were sold overall in 2020. The National Industrial Development Center (NIDC) is looking to bring in three to four Original Equipment Manufacturers (OEMs) from all points along the ICE and EV value chain to help meet its 2030 goal of producing 300,000 vehicles annually with 40% local content. The efforts to increase local automotive production and attract OEMs could increase vehicle manufacturing and sales. Thus, as the automotive sector continues to grow in the LAMEA region, it is expected to accelerate the expansion of the market in this region.

Based on Sales Channel, the market is segmented into OEM and Aftermarket. Based on Vehicle Propulsion, the market is segmented into ICE Vehicle and Electric Vehicle. Based on Vehicle Type, the market is segmented into Passenger Cars and Commercial Vehicles. Based on Technology, the market is segmented into LED, Halogen, and Xenon. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Hyundai Mobis Co., Ltd. (Hyundai Motor)
  • Valeo SA
  • Continental AG
  • KOITO MANUFACTURING CO., LTD
  • Robert Bosch GmbH
  • HELLA GmbH & Co. KGaA
  • Stanley Electric Co. Ltd.
  • ams-OSRAM AG
  • Koninklijke Philips N.V.
  • De Amertek Corporation

Market Report Segmentation

By Sales Channel
  • OEM
  • Aftermarket
By Vehicle Propulsion
  • ICE Vehicle
  • Electric Vehicle
By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
By Technology
  • LED
  • Halogen
  • Xenon
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Headlight Market, by Sales Channel
1.4.2 LAMEA Headlight Market, by Vehicle Propulsion
1.4.3 LAMEA Headlight Market, by Vehicle Type
1.4.4 LAMEA Headlight Market, by Technology
1.4.5 LAMEA Headlight Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Headlight Market by Sales Channel
4.1 LAMEA OEM Market by Country
4.2 LAMEA Aftermarket Market by Country
Chapter 5. LAMEA Headlight Market by Vehicle Propulsion
5.1 LAMEA ICE Vehicle Market by Country
5.2 LAMEA Electric Vehicle Market by Country
Chapter 6. LAMEA Headlight Market by Vehicle Type
6.1 LAMEA Passenger Cars Market by Country
6.2 LAMEA Commercial Vehicles Market by Country
Chapter 7. LAMEA Headlight Market by Technology
7.1 LAMEA LED Market by Country
7.2 LAMEA Halogen Market by Country
7.3 LAMEA Xenon Market by Country
Chapter 8. LAMEA Headlight Market by Country
8.1 Brazil Headlight Market
8.1.1 Brazil Headlight Market by Sales Channel
8.1.2 Brazil Headlight Market by Vehicle Propulsion
8.1.3 Brazil Headlight Market by Vehicle Type
8.1.4 Brazil Headlight Market by Technology
8.2 Argentina Headlight Market
8.2.1 Argentina Headlight Market by Sales Channel
8.2.2 Argentina Headlight Market by Vehicle Propulsion
8.2.3 Argentina Headlight Market by Vehicle Type
8.2.4 Argentina Headlight Market by Technology
8.3 UAE Headlight Market
8.3.1 UAE Headlight Market by Sales Channel
8.3.2 UAE Headlight Market by Vehicle Propulsion
8.3.3 UAE Headlight Market by Vehicle Type
8.3.4 UAE Headlight Market by Technology
8.4 Saudi Arabia Headlight Market
8.4.1 Saudi Arabia Headlight Market by Sales Channel
8.4.2 Saudi Arabia Headlight Market by Vehicle Propulsion
8.4.3 Saudi Arabia Headlight Market by Vehicle Type
8.4.4 Saudi Arabia Headlight Market by Technology
8.5 South Africa Headlight Market
8.5.1 South Africa Headlight Market by Sales Channel
8.5.2 South Africa Headlight Market by Vehicle Propulsion
8.5.3 South Africa Headlight Market by Vehicle Type
8.5.4 South Africa Headlight Market by Technology
8.6 Nigeria Headlight Market
8.6.1 Nigeria Headlight Market by Sales Channel
8.6.2 Nigeria Headlight Market by Vehicle Propulsion
8.6.3 Nigeria Headlight Market by Vehicle Type
8.6.4 Nigeria Headlight Market by Technology
8.7 Rest of LAMEA Headlight Market
8.7.1 Rest of LAMEA Headlight Market by Sales Channel
8.7.2 Rest of LAMEA Headlight Market by Vehicle Propulsion
8.7.3 Rest of LAMEA Headlight Market by Vehicle Type
8.7.4 Rest of LAMEA Headlight Market by Technology
Chapter 9. Company Profiles
9.1 Hyundai Mobis Co., Ltd. (Hyundai Motor)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Valeo SA
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Continental AG
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 KOITO MANUFACTURING CO., LTD
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.5 SWOT Analysis
9.5 Robert Bosch GmbH
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 HELLA GmbH & Co. KGaA
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Stanley Electric Co. Ltd.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Product Launches and Product Expansions:
9.7.5 SWOT Analysis
9.8 ams-OSRAM AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Koninklijke Philips N.V.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. De Amertek Corporation
9.10.1 Company Overview
9.10.2 SWOT Analysis

Companies Mentioned

  • Hyundai Mobis Co., Ltd. (Hyundai Motor)
  • Valeo SA
  • Continental AG
  • KOITO MANUFACTURING CO., LTD
  • Robert Bosch GmbH
  • HELLA GmbH & Co. KGaA
  • Stanley Electric Co. Ltd.
  • ams-OSRAM AG
  • Koninklijke Philips N.V.
  • De Amertek Corporation

Methodology

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