North America 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

North America 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 North America Automotive LED Lighting Market would witness market growth of 6.5% CAGR during the forecast period (2023-2029).

From two-wheelers to four-wheelers, these are being consumed more and more. It is becoming more and more popular every day. It is divided into different categories based on the location of the vehicle. It can be mounted inside the car and on the side, front, and back. The productivity of the entire plant is increased with LED illumination. LED lighting may save time and money, generate business intelligence data, eliminate waste and redundancies, and improve factory operations by integrating with industrial automation systems.

There have been many complaints about poor visibility on the roadways, especially at night when it is difficult to see other cars coming up behind. Unfortunately, fatal vehicle accidents occur at night in over half of the cases. Additionally, due to the great visibility obtained from the vehicle LED lighting in the headlights, users of LED lighting in automobiles can now experience a safer motoring experience. Moreover, because they are more energy-efficient and have longer life cycles than traditional HID lights, the market for automotive LED lighting is expected to rise strongly over the next years.

The demand for commercial vehicles is increasing across North America. The reason for this is the increasing requirement for long-distance operations in fleet management. Additionally, various laws related to carbon emissions are being passed by local governments. To reduce carbon emissions, local manufacturers are incorporating the same technology into buses & commercial vehicles. For instance, a long duty cycle or fuel efficiency improvement has previously been applied to trucks used for long-distance hauling.

The US market dominated the North America Automotive LED Lighting Market by Country in 2022; thereby, achieving a market value of $4,785.2 million by 2029. The Canada market is poised to grow at a CAGR of 8.9% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 7.9% 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 U.S., Mexico, Canada, and Rest of North America.

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

US
Canada
Mexico
Rest of North America
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.
Unique Offerings from KBV Research

Exhaustive coverage
Highest number of market tables and figures
Subscription based model available
Guaranteed best price
Assured post sales research support with 10% customization free


Chapter
1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automotive LED Lighting Market, by Position
1.4.2 North America Automotive LED Lighting Market, by Sales Channel
1.4.3 North America Automotive LED Lighting Market, by Vehicle Type
1.4.4 North America Automotive LED Lighting Market, by Propulsion Type
1.4.5 North America 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. North America Automotive LED Lighting Market by Position
4.1 North America Rear Market by Country
4.2 North America Front Market by Country
4.3 North America Side Market by Country
4.4 North America Interior Market by Country
Chapter
5. North America Automotive LED Lighting Market by Sales Channel
5.1 North America OEM Market by Country
5.2 North America Aftermarket Market by Country
Chapter
6. North America Automotive LED Lighting Market by Vehicle Type
6.1 North America Passenger Car Market by Country
6.2 North America Commercial Vehicle Market by Country
Chapter
7. North America Automotive LED Lighting Market by Propulsion Type
7.1 North America ICE Market by Country
7.2 North America Electric Market by Country
7.3 North America Others Market by Country
Chapter
8. North America Automotive LED Lighting Market by Country
8.1 US Automotive LED Lighting Market
8.1.1 US Automotive LED Lighting Market by Position
8.1.2 US Automotive LED Lighting Market by Sales Channel
8.1.3 US Automotive LED Lighting Market by Vehicle Type
8.1.4 US Automotive LED Lighting Market by Propulsion Type
8.2 Canada Automotive LED Lighting Market
8.2.1 Canada Automotive LED Lighting Market by Position
8.2.2 Canada Automotive LED Lighting Market by Sales Channel
8.2.3 Canada Automotive LED Lighting Market by Vehicle Type
8.2.4 Canada Automotive LED Lighting Market by Propulsion Type
8.3 Mexico Automotive LED Lighting Market
8.3.1 Mexico Automotive LED Lighting Market by Position
8.3.2 Mexico Automotive LED Lighting Market by Sales Channel
8.3.3 Mexico Automotive LED Lighting Market by Vehicle Type
8.3.4 Mexico Automotive LED Lighting Market by Propulsion Type
8.4 Rest of North America Automotive LED Lighting Market
8.4.1 Rest of North America Automotive LED Lighting Market by Position
8.4.2 Rest of North America Automotive LED Lighting Market by Sales Channel
8.4.3 Rest of North America Automotive LED Lighting Market by Vehicle Type
8.4.4 Rest of North America 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

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings