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The automotive ED lighting market is forecasted to grow by USD 2.13 billion during 2023-2028, accelerating at a CAGR of 4.54% during the forecast period. The report on the automotive LED lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by use of LEDs in automotive intelligent lighting system applications, growing popularity of ambient lighting in automobiles, and incorporation of energy-efficient solutions in automobiles.
The automotive LED lighting market is segmented as below:
By Type
- Exterior
- Interior
By Application
- Passenger cars
- Commercial vehicles
By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the automotive LED lighting market covers the following areas:
- Automotive LED lighting market sizing
- Automotive LED lighting market forecast
- Automotive LED lighting market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive LED lighting market: Changzhou Xingyu Automotive Lighting System Co. Ltd., EVERLIGHT ELECTRONICS CO. LTD., HELLA GmbH and Co. KGaA, Hyundai Mobis Co. Ltd., Koito Manufacturing Co. Ltd., Koninklijke Philips N.V., LG Electronics Inc., Lumax Industries Ltd, Lumileds Holding BV, Marelli Holdings Co. Ltd., Nichia Corp, OSRAM Licht AG, Samsung Electronics Co. Ltd., Seoul Semiconductor Co. Ltd., SL Corp., Stanley Electric Co. Ltd., Tungsram Operations Kft, Valeo SA, Varroc Lighting, and Zumtobel Group AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is development of hybrid led headlights."
According to the report, one of the major drivers for this market is the use of LEDs in automotive intelligent lighting system applications.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Changzhou Xingyu Automotive Lighting System Co. Ltd.
- EVERLIGHT ELECTRONICS CO. LTD.
- HELLA GmbH and Co. KGaA
- Hyundai Mobis Co. Ltd.
- Koito Manufacturing Co. Ltd.
- Koninklijke Philips N.V.
- LG Electronics Inc.
- Lumax Industries Ltd
- Lumileds Holding BV
- Marelli Holdings Co. Ltd.
- Nichia Corp
- OSRAM Licht AG
- Samsung Electronics Co. Ltd.
- Seoul Semiconductor Co. Ltd.
- SL Corp.
- Stanley Electric Co. Ltd.
- Tungsram Operations Kft
- Valeo SA
- Varroc Lighting
- Zumtobel Group AG
