Europe Automotive LED Lighting Market Size, Share & Industry Trends Analysis Report By Position, By Sales Channel, By Vehicle Type (Passenger Car and Commercial Vehicle), By Propulsion Type, By Country and Growth Forecast, 2023 - 2029

Europe Automotive LED Lighting Market Size, Share & Industry Trends Analysis Report By Position, By Sales Channel, By Vehicle Type (Passenger Car and Commercial Vehicle), By Propulsion Type, By Country and Growth Forecast, 2023 - 2029


The Europe Automotive LED Lighting Market would witness market growth of 6.3% CAGR during the forecast period (2023-2029).

Due to their many advantages and extensive use, LED lights are often the best option for car illumination. Due to its advantages over conventional lighting, including longer lifespan, directed light, smaller size, and reduced energy consumption, LED lighting has been included in all major automakers' vehicles. As a result, automotive LED lighting is expected to continue being the market's fastest-growing technology as LED lighting has quickly gained acceptance within the sector. As LED illumination for automobiles continues to progress and adopt new technologies, it is quickly becoming the manufacturer's first choice for lighting, both for its efficiency and appealing appearance.

To keep vehicles safer on the road, particularly in places with high traffic volumes, automotive illumination restrictions have been placed. This greater emphasis on safety has stimulated innovation and development in the automotive LED lighting market and will keep propelling market expansion in the future. Since the manufacture of LED lights is growing, and they use less electricity and have a longer lifespan than halogen or HID lights, automakers are interested in incorporating them into their vehicles. Aside from superior light-emitting diodes, LED lights exceed all other lighting technologies in toughness and longevity. The automotive LED lighting market is growing due to the rising acceptance of new technology.

For Europe's economy to grow, the car industry must expand. 2.6 million workers, or 8.5% of all manufacturing jobs in the EU, are employed in the automotive sector. In addition, many of the top automakers in the world have their headquarters in the EU. In terms of private R&D spending, the automobile sector is the greatest. The European Commission advocates for technical concord and funds R&D to increase its competitiveness and maintain its technology leadership.

The Germany market dominated the Europe Automotive LED Lighting Market by Country in 2022; thereby, achieving a market value of $1,620.6 million by 2029. The UK market is experiencing a CAGR of 5.4% during (2023 - 2029). Additionally, The France market would witness a CAGR of 7.1% during (2023 - 2029).

Based on Position, the market is segmented into Rear, Front, Side, and Interior. Based on Sales Channel, the market is segmented into OEM and Aftermarket. Based on Vehicle Type, the market is segmented into Passenger Car and Commercial Vehicle. Based on Propulsion Type, the market is segmented into ICE, Electric and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NXP Semiconductors N.V., Robert Bosch GmbH, Valeo SA, OSRAM GmbH (AMS AG), Grupo Antolin-Irausa, S.A., HELLA GmbH & Co. KGaA, Aptiv PLC, Denso Corporation, Hyundai Mobis Co., Ltd., and Koninklijke Philips N.V.

Scope of the Study

Market Segments covered in the Report:

By Position

Rear
Front
Side
Interior
By Sales Channel

OEM
Aftermarket
By Vehicle Type

Passenger Car
Commercial Vehicle
By Propulsion Type

ICE
Electric
Others
By Country

Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Companies Profiled

NXP Semiconductors N.V.
Robert Bosch GmbH
Valeo SA
OSRAM GmbH (AMS AG)
Grupo Antolin-Irausa, S.A.
HELLA GmbH & Co. KGaA
Aptiv PLC
Denso Corporation
Hyundai Mobis Co., Ltd.
Koninklijke Philips N.V.
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Chapter
1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Automotive LED Lighting Market, by Position
1.4.2 Europe Automotive LED Lighting Market, by Sales Channel
1.4.3 Europe Automotive LED Lighting Market, by Vehicle Type
1.4.4 Europe Automotive LED Lighting Market, by Propulsion Type
1.4.5 Europe Automotive LED Lighting Market, by Country
1.5 Methodology for the research
Chapter
2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter
3. Recent Strategies Deployed in Automotive LED Lighting Market
Chapter
4. Europe Automotive LED Lighting Market by Position
4.1 Europe Rear Market by Country
4.2 Europe Front Market by Country
4.3 Europe Side Market by Country
4.4 Europe Interior Market by Country
Chapter
5. Europe Automotive LED Lighting Market by Sales Channel
5.1 Europe OEM Market by Country
5.2 Europe Aftermarket Market by Country
Chapter
6. Europe Automotive LED Lighting Market by Vehicle Type
6.1 Europe Passenger Car Market by Country
6.2 Europe Commercial Vehicle Market by Country
Chapter
7. Europe Automotive LED Lighting Market by Propulsion Type
7.1 Europe ICE Market by Country
7.2 Europe Electric Market by Country
7.3 Europe Others Market by Country
Chapter
8. Europe Automotive LED Lighting Market by Country
8.1 Germany Automotive LED Lighting Market
8.1.1 Germany Automotive LED Lighting Market by Position
8.1.2 Germany Automotive LED Lighting Market by Sales Channel
8.1.3 Germany Automotive LED Lighting Market by Vehicle Type
8.1.4 Germany Automotive LED Lighting Market by Propulsion Type
8.2 UK Automotive LED Lighting Market
8.2.1 UK Automotive LED Lighting Market by Position
8.2.2 UK Automotive LED Lighting Market by Sales Channel
8.2.3 UK Automotive LED Lighting Market by Vehicle Type
8.2.4 UK Automotive LED Lighting Market by Propulsion Type
8.3 France Automotive LED Lighting Market
8.3.1 France Automotive LED Lighting Market by Position
8.3.2 France Automotive LED Lighting Market by Sales Channel
8.3.3 France Automotive LED Lighting Market by Vehicle Type
8.3.4 France Automotive LED Lighting Market by Propulsion Type
8.4 Russia Automotive LED Lighting Market
8.4.1 Russia Automotive LED Lighting Market by Position
8.4.2 Russia Automotive LED Lighting Market by Sales Channel
8.4.3 Russia Automotive LED Lighting Market by Vehicle Type
8.4.4 Russia Automotive LED Lighting Market by Propulsion Type
8.5 Spain Automotive LED Lighting Market
8.5.1 Spain Automotive LED Lighting Market by Position
8.5.2 Spain Automotive LED Lighting Market by Sales Channel
8.5.3 Spain Automotive LED Lighting Market by Vehicle Type
8.5.4 Spain Automotive LED Lighting Market by Propulsion Type
8.6 Italy Automotive LED Lighting Market
8.6.1 Italy Automotive LED Lighting Market by Position
8.6.2 Italy Automotive LED Lighting Market by Sales Channel
8.6.3 Italy Automotive LED Lighting Market by Vehicle Type
8.6.4 Italy Automotive LED Lighting Market by Propulsion Type
8.7 Rest of Europe Automotive LED Lighting Market
8.7.1 Rest of Europe Automotive LED Lighting Market by Position
8.7.2 Rest of Europe Automotive LED Lighting Market by Sales Channel
8.7.3 Rest of Europe Automotive LED Lighting Market by Vehicle Type
8.7.4 Rest of Europe Automotive LED Lighting Market by Propulsion Type
Chapter
9. Company Profiles
9.1 NXP Semiconductors N.V.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 Robert Bosch GmbH
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 Valeo SA
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 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.4 OSRAM GmbH (AMS AG)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.5 Grupo Antolin-Irausa, S.A.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
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 Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 Aptiv PLC
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.8 Denso Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expense
9.9 Hyundai Mobis Co., Ltd.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.10. Koninklijke Philips N.V.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense

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