Global Automotive Lighting Market Growth 2023-2029

Global Automotive Lighting Market Growth 2023-2029

Automotive lighting is a vehicle lighting tools which includes headlights, tail lights and turn signals and the like. At the same time, automotive lighting can press type can be divided into halogen lamp, LED, HID.

LPI (LP Information)' newest research report, the “Automotive Lighting Industry Forecast” looks at past sales and reviews total world Automotive Lighting sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Lighting sales for 2023 through 2029. With Automotive Lighting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Lighting industry.

This Insight Report provides a comprehensive analysis of the global Automotive Lighting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Lighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Lighting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Lighting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Lighting.

The global Automotive Lighting market size is projected to grow from US$ 27410 million in 2022 to US$ 38520 million in 2029; it is expected to grow at a CAGR of 38520 from 2023 to 2029.

Geographically, the global Automotive Lighting production market has been segmented into North America, Europe, China, Japan, Korea, India and other region. The Europe held the largest share in the global market, its revenue of global market exceeds 29%.

The key players are Koito, Magneti Marelli, Valeo, Hella, Stanley Electric, HASCO, ZKW Group, Varroc, SL Corporation, Xingyu, Hyundai IHL, TYC, DEPO etc. Top 3 companies occupied about 46% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Lighting market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Halogen Lighting

HID Lighting

LED Lighting

Segmentation by application

Passenger Vehicle

Commercial Vehicle

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Koito

Magneti Marelli

Valeo

Hella

Stanley Electric

HASCO

ZKW Group

Varroc

SL Corporation

Xingyu

Hyundai IHL

TYC

DEPO

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Lighting market?

What factors are driving Automotive Lighting market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Lighting market opportunities vary by end market size?

How does Automotive Lighting break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.