Automotive Lighting Market Report 2024 (Global Edition)

Global Automotive Lighting Market Report 2024 Market Size Split by Type (Front Adaptive Lighting, Headlight Levelling, Rear Adaptive Lighting, Ambient Lighting), by Application (Front Lighting, Rear L...

Automotive Lighting Market Report Description

We have various report editions of Automotive Lighting Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Competitive Landscape of the Automotive Lighting Market

The Automotive Lighting market features intense competition. These companies focus on innovation, strategic partnerships, and expanding product portfolios to gain a competitive edge. Advancements in LED and adaptive lighting technologies drive market dynamics. The competitive landscape is characterized by a mix of established manufacturers and emerging players, fostering a dynamic industry environment.

Automotive Lighting Industry News

• April 2022 - Osram announced a new USD 800 million investment to build an LED plant in Malaysia. The company is refocusing on optical technology to improve its market position.

(Source: optics.org/news/13/4/13)

Top Companies Market Share in Automotive Lighting Industry: (In no particular order of Rank)

• Koito Manufacturing Co Ltd
• Marelli Automotive Lighting
• Valeo SA
• HELLA GmbH & Co KGaA
• STANLEY ELECTRIC CO LTD
• DENSO CORPORATION
• The Hyundai Motor Company
• Koninklijke Philips N.V.
• OSRAM Licht AG
• Robert Bosch GmbH
• ZKW Zizala Lichtsysteme GmbH
• Others
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Automotive Lighting Market

In North America, the Automotive Lighting Market experiences robust growth, driven by technological advancements and stringent safety regulations. The United States and Canada are key contributors due to high automotive production, rising consumer preferences for advanced lighting solutions, and increasing adoption of electric vehicles. Innovations such as adaptive lighting systems and LED technology propel market expansion. Stringent safety standards, including NHTSA regulations, promote the integration of advanced lighting features, influencing regional market dynamics. Additionally, the growing focus on energy efficiency and aesthetic appeal in vehicle design further augments the demand for sophisticated automotive lighting solutions across North America.

Europe, the Automotive Lighting market showcases robust growth driven by stringent safety regulations, technological advancements, and the region's strong automotive industry. Germany, France, and the United Kingdom emerged as key contributors, hosting major automotive manufacturers and fostering innovation. The increasing emphasis on energy-efficient and adaptive lighting systems, along with the rise in electric vehicle adoption, propels market expansion. Collaborations between automotive and lighting technology companies further drive product development.

The current report Scope analyzes Automotive Lighting Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Automotive Lighting

According to Cognitive Market Research, the global Automotive Lighting Market size was estimated at USD 22512.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 9004.88 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030 due to the increasing adoption of advanced technologies. LED and OLED lighting segments dominate, providing energy-efficient and aesthetically appealing lighting solutions. The emphasis on safety features, including adaptive lighting systems, boosts market demand. Additionally, the integration of smart lighting technologies further propels growth. Stricter regulations regarding vehicle lighting standards contribute to the market's expansion as automakers seek innovative lighting solutions to comply with safety norms in the evolving automotive landscape of North America: stringent safety regulations, technological advancements, and the increasing adoption of energy-efficient LED lighting systems.

• According to Cognitive Market Research, the US had a major share in the automotive lighting products market, with a market size of USD 7104.85 million in 2023, which is projected to grow at a CAGR of 4.0% during the forecast period. With the rising demand for energy-efficient and innovative lighting solutions, manufacturers are introducing LED and adaptive lighting technologies. 
• The Canadian automotive Lighting products market had a market share of USD 1080.59 million in 2023 and is projected to grow at a CAGR of 5.0% during the forecast period—these factors such as increasing vehicle sales and advancements in lighting technology. The demand for energy-efficient and aesthetically pleasing lighting solutions is on the rise.
• The Mexico Automotive Lighting products market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 819.44 million in 2023.

Europe Automotive Lighting

According to Cognitive Market Research, with a market value of USD 22512.2 million in 2023 and projected to expand at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030, Europe accounted for a share of over 30% of the global market size of USD 6753.66 million due to advancements in lighting technologies and stringent safety regulations. LED and OLED technologies are gaining prominence, enhancing energy efficiency and design flexibility. Stringent regulations promoting vehicle safety and visibility are propelling market expansion. Moreover, the increasing demand for premium and electric vehicles further stimulates growth. Key players in the European automotive lighting market include Osram GmbH, Hella GmbH, and Valeo SA, contributing to a competitive landscape focused on innovation and compliance with evolving industry standards, technological advancements, and a growing emphasis on energy-efficient lighting solutions. With increasing vehicle production and consumer demand for advanced lighting features, the market is witnessing a surge in demand for LED and adaptive lighting systems.

• According to Cognitive Market Research, the German automotive Lighting products market size was valued at USD 1337.22 million in 2023 and is projected to grow at a CAGR of 4.7% during the forecast period. With this focus on safety and innovation, German manufacturers are integrating LED and adaptive lighting systems, enhancing visibility and energy efficiency.
• The United Kingdom Automotive Lighting products market had a market share of USD 1134.61 million in 2023 and is projected to grow at a CAGR of 5.3% during the forecast period. With a focus on enhancing visibility and reducing accidents, the demand for advanced lighting solutions such as LED and adaptive lighting systems is rising.
• The French automotive lighting products market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 621.34 million in 2023.
• The Italy Automotive Lighting products market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 580.81 million in 2023.
• The Russian automotive Lighting products market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 1046.82 million in 2023.
• The Spain Automotive Lighting products market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 553.80 million in 2023.
• The Portugal Automotive Lighting products market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 141.83 million in 2023.
• The Luxembourg Automotive Lighting products market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 209.36 million in 2023.
• The Greece Automotive Lighting products market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 81.04 million in 2023.
• The Rest of Europe's Automotive Lighting products market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 1046.82 million in 2023.

Asia Pacific Automotive Lighting

According to Cognitive Market Research, the global Automotive Lighting Market size was estimated at USD 22512.2 Million, out of which Asia Pacific held the market of more than 23% of the global revenue with a market size of USD 5177.81 million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030 due to increasing vehicle production and technological advancements. LED technology dominates the segment, offering energy efficiency and design flexibility. Stringent safety regulations and the demand for enhanced visibility contribute to market expansion. Key players focus on innovation and partnerships to strengthen their market presence. The growing automotive industry in countries like China and India further propels the Asia Pacific automotive lighting market, creating opportunities for manufacturers to capitalize on the region's evolving automotive landscape. The region's expanding automotive industry, coupled with stringent regulations promoting advanced lighting technologies for improved visibility and safety, fuels market growth.

• According to Cognitive Market Research, the China Automotive Lighting products market size was valued at USD 2330.01 million in 2023 and is projected to grow at a CAGR of 7.5% during the forecast period. Rising focus on road safety, the demand for advanced lighting technologies like LED and adaptive lighting systems is on the upswing.
• The India Automotive Lighting products market had a market share of USD 621.34 million in 2023 and is projected to grow at a CAGR of 9.8% during the forecast period. This is increasing vehicle production, stringent safety regulations, and growing consumer awareness. With a rising focus on road safety, the demand for advanced lighting technologies like LED and adaptive lighting systems is on the upswing.
• The Japan Automotive Lighting products market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 714.54 million in 2023.
• The South Korea Automotive Lighting products market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 517.78 million in 2023.
• The Australian automotive Lighting products market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 269.25 million in 2023.
• The South East Asia Automotive Lighting products market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 357.27 million in 2023.
• The Rest of the Asia Pacific Automotive Lighting products market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 181.22 million in 202

South America Automotive Lighting

According to Cognitive Market Research, the global Automotive Lighting Products market size was estimated at USD 22512.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 1125.61 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030 due to increasing vehicle production and safety regulations. LED technology dominates the segment, offering energy efficiency and advanced features. Rising consumer awareness regarding road safety further propels market expansion. Key players focus on innovation and strategic collaborations to gain a competitive edge. With a growing automotive industry in the region, the Latin American automotive lighting market is poised for continued advancement, presenting opportunities for both established and emerging players. The growing demand for advanced lighting technologies, such as LED and adaptive lighting systems, contributes to market expansion.

• According to Cognitive Market Research, the Brazil Automotive Lighting products market size was valued at USD 481.76 million in 2023 and is projected to grow at a CAGR of 6.0% during the forecast period. Increasing demand for energy-efficient and aesthetically appealing lighting solutions in vehicles is propelling market expansion.
• The Argentina Automotive Lighting products market had a market share of USD 189.10 million in 2023 and is projected to grow at a CAGR of 6.3% during the forecast period. The demand for energy-efficient LED lighting solutions is rising due to their durability and environmental benefits.
• The Colombia Automotive Lighting products market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 100.18 million in 2023.
• The Peru Automotive Lighting products market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 92.30 million in 2023.
• The Chile Automotive Lighting products market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 81.04 million in 2023.
• The Rest of the Latin America Automotive Lighting products market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 181.22 million in 2023.

Middle East and Africa Automotive Lighting

According to Cognitive Market Research, the global Automotive Lighting Market size was estimated at USD 22512.2 Million, out of which Middle East and Africa held the major market of more than 2% of the global revenue with market size of USD 450.24 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2030 due to Advanced technologies such as LED and adaptive lighting systems are gaining prominence, enhancing safety and aesthetics. The region's automotive lighting sector is driven by increasing vehicle production and a growing emphasis on energy-efficient solutions. Regulatory initiatives promoting road safety further boost market demand, making the Middle East and Africa a key area for automotive lighting advancements and market expansion. Increasing vehicle sales, stringent safety regulations, and advancements in lighting technology boost the market growth. Growing awareness of road safety and the adoption of energy-efficient LED lighting systems contribute to market expansion.

• According to Cognitive Market Research, the GCC Countries Automotive Lighting products market size was valued at USD 162.70 million in 2023 and is projected to grow at a CAGR of 6.5% during the forecast period. The automotive industry continues to flourish in the region, and the demand for advanced lighting solutions, including LED and adaptive lighting systems, is on the rise.
• The South African automotive Lighting products market had a market share of USD 71.14 million in 2023 and is projected to grow at a CAGR of 6.7% during the forecast period: safety regulations, increasing vehicle production, and rising consumer awareness about the importance of advanced lighting technologies.
• The Egypt Automotive Lighting products market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 47.28 million in 2023.
• The Turkish automotive lighting products market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 38.72 million in 2023.
• The Nigeria Automotive Lighting products market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 47.28 million in 2023.
• The Rest of the MEA Automotive Lighting products market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 51.13 million in 2023.

Automotive Lighting Market Analysis

Automotive Lighting Product Type Segment Analysis

FAL systems dynamically adjust the vehicle's headlights based on driving conditions, speed, and environmental factors. These systems enhance visibility by adapting the beam pattern, range, and direction, optimizing illumination for various scenarios like curves, intersections, and varying speeds. FAL contributes to improved safety by providing better illumination where needed, reducing glare for oncoming traffic, and enhancing the driver's visibility and reaction time.

RAL technologies focus on optimizing rear-end visibility and signaling. These systems dynamically adjust the intensity and pattern of rear lights based on driving conditions. They enhance safety by improving the visibility of the vehicle's presence, intentions, and potential braking actions to following vehicles, contributing to overall road safety and preventing rear-end collisions. Both FAL and RAL represent advancements in automotive lighting, prioritizing safety and functionality for drivers and road users.

• Front Adaptive Lighting
• Headlight Levelling
• Rear Adaptive Lighting
• Ambient Lighting

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Lighting Industry. Request a Free Sample PDF!

Automotive Lighting Product Application Segment Analysis

Front lighting systems include headlights, daytime running lights, and fog lights. Advancements like LED and adaptive lighting technologies enhance visibility, safety, and aesthetics. Stringent regulations emphasizing energy efficiency drive the adoption of energy-efficient lighting solutions in front-end automotive designs. Features such as adaptive headlights dynamically adjust to road conditions, improving driver visibility.

Rear lighting encompasses brake lights, turn signals, and reverse lights. LED technology enhances brightness, reliability, and design flexibility. Safety regulations mandate efficient signaling and visibility for following vehicles. Innovations like animated or dynamic rear lighting contribute to aesthetics. The rear lighting segment aligns with automotive safety standards, promoting enhanced visibility and communication between vehicles on the road.

 

• Front Lighting
• Rear Lighting
• Side Lighting
• Interior Lighting

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Automotive Lighting Vehicle Type Segment Analysis

Passenger cars demands the sophisticated and aesthetically pleasing lighting solutions. LED headlights, ambient interior lighting, and advanced signaling systems are key features. Manufacturers focus on enhancing safety, design, and energy efficiency, catering to diverse consumer preferences. Customization options and smart lighting technologies contribute to passenger cars' dynamic lighting landscape.

LCVs prioritize robust and practical lighting solutions to ensure safety, visibility, and durability. Functional lighting for cargo areas, signaling, and high-illumination headlights are critical. Cost-effectiveness and reliability are paramount for LCVs, aligning with the practical demands of commercial applications. LED technology adoption, along with compliance with regulations, addresses the unique lighting needs of light commercial vehicles.

• Passenger cars
• Light Commercial Vehicles
• Trucks
• Buses

Automotive Lighting Technology Segment Analysis

Halogen lights have long been a standard in automotive lighting. Cost-effective and easy to manufacture, halogen bulbs provide adequate illumination. However, they are less energy-efficient than newer technologies and have a shorter lifespan. Halogen lights are commonly found in entry-level and mid-range vehicles.

LEDs (Light Emitting Diodes) have transformed the automotive lighting landscape. LED technology offers energy efficiency, durability, and a longer lifespan. It allows for stylish designs, improved visibility, and adaptive lighting systems. With a focus on sustainability and advanced features, LED lighting is increasingly prevalent in modern vehicles, especially in premium and high-end segments, reflecting the automotive industry's pursuit of innovation and enhanced driving experiences.

• HALOGEN
• LED
• XENON/HID

Automotive Lighting Vehicle Segment Analysis

BEVs, fully reliant on electric power, necessitate advanced lighting solutions for optimal safety and efficiency. Automotive lighting in BEVs focuses on energy-efficient LED and OLED technologies, enhancing visibility while minimizing power consumption. Innovative lighting designs are often incorporated to signify electric mobility and improve aerodynamics.

PHEVs, combining internal combustion engines with electric propulsion, demand versatile lighting solutions. Automotive lighting in PHEVs typically integrates technologies that accommodate both internal combustion and electric modes, ensuring optimal performance in various driving conditions. Adaptive lighting systems and dynamic designs are often featured in PHEVs to signify their dual power sources and enhance the overall driving experience. The segment-specific lighting adaptations contribute to safety, energy efficiency, and the distinctive characteristics of both BEVs and PHEVs.

• Battery Electric Vehicle (BEV)
• Plug-in Hybrid Vehicle (PHEV)
• Fuel-cell Electric Vehicle (FCEV)

Automotive Lighting Position Segment Analysis

Front lighting systems include headlights, daytime running lights, and fog lights. Advancements like LED and adaptive lighting technologies enhance visibility, safety, and aesthetics. Stringent regulations emphasizing energy efficiency drive the adoption of energy-efficient lighting solutions in front-end automotive designs. Features such as adaptive headlights dynamically adjust to road conditions, improving driver visibility.

Side lighting encompasses various lights, such as turn signals and marker lights, enhancing vehicle visibility from lateral perspectives. These lights play a vital role in indicating the vehicle's intentions to other road users, contributing to overall road safety. The evolution towards energy-efficient technologies, aesthetics, and compliance with safety standards are key factors influencing the development and adoption of advanced side lighting solutions in the automotive market.

• Font
• Side
• Rear

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.

Author's Conclusion