Global On-Highway Vehicle Lighting Market 2022-2028

Global On-Highway Vehicle Lighting Market 2022-2028

Automotive lights hold great importance as they ensure the utmost safety while traveling. They illuminate the roadway ahead for the driver and increase the vehicle's visibility, allowing other drivers and pedestrians to see its presence, position, size, and direction of travel, and its driver's intentions. According to Gen Consulting Company, the global on-highway vehicle lighting market is set to achieve an incremental growth of USD 11 billion, acelerating at a CAGR of almost 5.1% during the forecast period 2022-2028.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global on-highway vehicle lighting market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the on-highway vehicle lighting industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, vehicle type, and region. The global market for on-highway vehicle lighting can be segmented by product: halogen, HID, incandescent, LASER, LED. On-highway vehicle lighting market is further segmented by application: exterior lights, headlights, interior lights. Based on vehicle type, the on-highway vehicle lighting market is segmented into: buses, motorcycle, passenger cars, trucks. On the basis of region, the on-highway vehicle lighting market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:

• halogen
• HID
• incandescent
• LASER
• LED

By application:

• exterior lights
• headlights
• interior lights

By vehicle type:

• buses
• motorcycle
• passenger cars
• trucks

By region:

• Asia Pacific
• Europe
• North America
• Rest of the World (RoW)

The report also provides a detailed analysis of several leading on-highway vehicle lighting market vendors that include Genera Corporation, HELLA GmbH & Co. KGaA, Hyundai Mobis Co., Ltd., Johnson Electric Holdings Limited, Koito Manufacturing, Ltd., Koninklijke Philips N.V., Marelli Holdings Co., Ltd., MAXXIMA (A Division of Panor Corporation), Optronics International LLC, Valeo S.A., Zizala Lichtsysteme GmbH (LG Electronics), ZKW Group, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global on-highway vehicle lighting market.
• To classify and forecast the global on-highway vehicle lighting market based on product, application, vehicle type, region.
• To identify drivers and challenges for the global on-highway vehicle lighting market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global on-highway vehicle lighting market.
• To identify and analyze the profile of leading players operating in the global on-highway vehicle lighting market.

Why Choose This Report

• Gain a reliable outlook of the global on-highway vehicle lighting market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.