+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Europe Headlight Market Size, Share & Trends Analysis Report By Sales Channel, By Vehicle Propulsion (ICE Vehicle and Electric Vehicle), By Vehicle Type, By Technology (LED, Halogen, and Xenon), By Country and Growth Forecast, 2023 - 2030

  • PDF Icon

    Report

  • 159 Pages
  • March 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953703
The Europe Headlight Market would witness market growth of 5.3% CAGR during the forecast period (2023-2030).

The Germany market dominated the Europe Headlight Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $607 Million by 2030. The UK market is exhibiting a CAGR of 4.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6% during (2023 - 2030).



One of the key drivers of growth in the market is the increasing focus on vehicle safety and regulations mandating the use of advanced lighting technologies. Governments are implementing stricter regulations regarding vehicle lighting, including requirements for daytime running lights (DRLs), adaptive headlights, and automatic high beam control. For example, in Europe, the European Union has established headlight regulations under the ECE Regulation 48, which sets standards for the performance and installation of lighting and light-signaling vehicles. This regulation includes its beam patterns, intensity, and alignment requirements, aiming to ensure that headlights provide adequate illumination without dazzling other road users.

In a similar vein, vehicle lighting in the United States is governed by the National Highway Traffic Safety Administration (NHTSA) via Federal Motor Vehicle Safety Standard (FMVSS) No. 108. This standard specifies requirements for the performance, including beam pattern, intensity, and color, to ensure that headlights provide sufficient illumination without causing glare to oncoming drivers. These regulations drive the adoption of advanced technologies, further fueling the market's growth.

According to the European Automobile Manufacturers Association (ECEA), the EU auto industry produced an average of 5.1 motor vehicles per worker in 2021. ECEA also reported that EU new car sales surged by almost 14%, totaling 10.5 million units in 2022. Thus, the EU solidified its position as the second-largest global car producer as production reached 12.1 million units, a growth of over 11%. In value, the EU recorded a €90.6 billion surplus in new car trade, almost equivalent to 2022’s figures. The growth in EU new car sales and production, as reported by the ECEA, indicates a thriving automotive industry. Thus, the factors mentioned will likely support the demand for headlights in Europe throughout the forecast period.

Based on Sales Channel, the market is segmented into OEM and Aftermarket. Based on Vehicle Propulsion, the market is segmented into ICE Vehicle and Electric Vehicle. Based on Vehicle Type, the market is segmented into Passenger Cars and Commercial Vehicles. Based on Technology, the market is segmented into LED, Halogen, and Xenon. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Hyundai Mobis Co., Ltd. (Hyundai Motor)
  • Valeo SA
  • Continental AG
  • KOITO MANUFACTURING CO., LTD
  • Robert Bosch GmbH
  • HELLA GmbH & Co. KGaA
  • Stanley Electric Co. Ltd.
  • ams-OSRAM AG
  • Koninklijke Philips N.V.
  • De Amertek Corporation

Market Report Segmentation

By Sales Channel
  • OEM
  • Aftermarket
By Vehicle Propulsion
  • ICE Vehicle
  • Electric Vehicle
By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
By Technology
  • LED
  • Halogen
  • Xenon
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Headlight Market, by Sales Channel
1.4.2 Europe Headlight Market, by Vehicle Propulsion
1.4.3 Europe Headlight Market, by Vehicle Type
1.4.4 Europe Headlight Market, by Technology
1.4.5 Europe Headlight Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Europe Headlight Market by Sales Channel
4.1 Europe OEM Market by Country
4.2 Europe Aftermarket Market by Country
Chapter 5. Europe Headlight Market by Vehicle Propulsion
5.1 Europe ICE Vehicle Market by Country
5.2 Europe Electric Vehicle Market by Country
Chapter 6. Europe Headlight Market by Vehicle Type
6.1 Europe Passenger Cars Market by Country
6.2 Europe Commercial Vehicles Market by Country
Chapter 7. Europe Headlight Market by Technology
7.1 Europe LED Market by Country
7.2 Europe Halogen Market by Country
7.3 Europe Xenon Market by Country
Chapter 8. Europe Headlight Market by Country
8.1 Germany Headlight Market
8.1.1 Germany Headlight Market by Sales Channel
8.1.2 Germany Headlight Market by Vehicle Propulsion
8.1.3 Germany Headlight Market by Vehicle Type
8.1.4 Germany Headlight Market by Technology
8.2 UK Headlight Market
8.2.1 UK Headlight Market by Sales Channel
8.2.2 UK Headlight Market by Vehicle Propulsion
8.2.3 UK Headlight Market by Vehicle Type
8.2.4 UK Headlight Market by Technology
8.3 France Headlight Market
8.3.1 France Headlight Market by Sales Channel
8.3.2 France Headlight Market by Vehicle Propulsion
8.3.3 France Headlight Market by Vehicle Type
8.3.4 France Headlight Market by Technology
8.4 Russia Headlight Market
8.4.1 Russia Headlight Market by Sales Channel
8.4.2 Russia Headlight Market by Vehicle Propulsion
8.4.3 Russia Headlight Market by Vehicle Type
8.4.4 Russia Headlight Market by Technology
8.5 Spain Headlight Market
8.5.1 Spain Headlight Market by Sales Channel
8.5.2 Spain Headlight Market by Vehicle Propulsion
8.5.3 Spain Headlight Market by Vehicle Type
8.5.4 Spain Headlight Market by Technology
8.6 Italy Headlight Market
8.6.1 Italy Headlight Market by Sales Channel
8.6.2 Italy Headlight Market by Vehicle Propulsion
8.6.3 Italy Headlight Market by Vehicle Type
8.6.4 Italy Headlight Market by Technology
8.7 Rest of Europe Headlight Market
8.7.1 Rest of Europe Headlight Market by Sales Channel
8.7.2 Rest of Europe Headlight Market by Vehicle Propulsion
8.7.3 Rest of Europe Headlight Market by Vehicle Type
8.7.4 Rest of Europe Headlight Market by Technology
Chapter 9. Company Profiles
9.1 Hyundai Mobis Co., Ltd. (Hyundai Motor)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Valeo SA
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 Continental AG
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 SWOT Analysis
9.4 KOITO MANUFACTURING CO., LTD
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.5 SWOT Analysis
9.5 Robert Bosch GmbH
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
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 Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Stanley Electric Co. Ltd.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Product Launches and Product Expansions:
9.7.5 SWOT Analysis
9.8 ams-OSRAM AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Koninklijke Philips N.V.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. De Amertek Corporation
9.10.1 Company Overview
9.10.2 SWOT Analysis

Companies Mentioned

  • Hyundai Mobis Co., Ltd. (Hyundai Motor)
  • Valeo SA
  • Continental AG
  • KOITO MANUFACTURING CO., LTD
  • Robert Bosch GmbH
  • HELLA GmbH & Co. KGaA
  • Stanley Electric Co. Ltd.
  • ams-OSRAM AG
  • Koninklijke Philips N.V.
  • De Amertek Corporation

Methodology

Loading
LOADING...