Automotive LED Lighting Market By Position, By Sales Channel, By Vehicle Type, By Propulsion Type: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: AUTOMOTIVE LED LIGHTING MARKET, BY POSITION
4.1 Overview
4.1.1 Market size and forecast
4.2 Front
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Rear
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Side
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Interior
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country

CHAPTER 5: AUTOMOTIVE LED LIGHTING MARKET, BY SALES CHANNEL
5.1 Overview
5.1.1 Market size and forecast
5.2 OEM
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Aftermarket
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: AUTOMOTIVE LED LIGHTING MARKET, BY VEHICLE TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Passenger Car
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Commercial Vehicle
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country

CHAPTER 7: AUTOMOTIVE LED LIGHTING MARKET, BY PROPULSION TYPE
7.1 Overview
7.1.1 Market size and forecast
7.2 ICE
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Electric
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Others
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country

CHAPTER 8: AUTOMOTIVE LED LIGHTING MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Position
8.2.3 North America Market size and forecast, by Sales Channel
8.2.4 North America Market size and forecast, by Vehicle Type
8.2.5 North America Market size and forecast, by Propulsion Type
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Market size and forecast, by Position
8.2.6.1.2 Market size and forecast, by Sales Channel
8.2.6.1.3 Market size and forecast, by Vehicle Type
8.2.6.1.4 Market size and forecast, by Propulsion Type
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Position
8.2.6.2.2 Market size and forecast, by Sales Channel
8.2.6.2.3 Market size and forecast, by Vehicle Type
8.2.6.2.4 Market size and forecast, by Propulsion Type
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Position
8.2.6.3.2 Market size and forecast, by Sales Channel
8.2.6.3.3 Market size and forecast, by Vehicle Type
8.2.6.3.4 Market size and forecast, by Propulsion Type
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Position
8.3.3 Europe Market size and forecast, by Sales Channel
8.3.4 Europe Market size and forecast, by Vehicle Type
8.3.5 Europe Market size and forecast, by Propulsion Type
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Market size and forecast, by Position
8.3.6.1.2 Market size and forecast, by Sales Channel
8.3.6.1.3 Market size and forecast, by Vehicle Type
8.3.6.1.4 Market size and forecast, by Propulsion Type
8.3.6.2 France
8.3.6.2.1 Market size and forecast, by Position
8.3.6.2.2 Market size and forecast, by Sales Channel
8.3.6.2.3 Market size and forecast, by Vehicle Type
8.3.6.2.4 Market size and forecast, by Propulsion Type
8.3.6.3 Russia
8.3.6.3.1 Market size and forecast, by Position
8.3.6.3.2 Market size and forecast, by Sales Channel
8.3.6.3.3 Market size and forecast, by Vehicle Type
8.3.6.3.4 Market size and forecast, by Propulsion Type
8.3.6.4 Netherlands
8.3.6.4.1 Market size and forecast, by Position
8.3.6.4.2 Market size and forecast, by Sales Channel
8.3.6.4.3 Market size and forecast, by Vehicle Type
8.3.6.4.4 Market size and forecast, by Propulsion Type
8.3.6.5 UK
8.3.6.5.1 Market size and forecast, by Position
8.3.6.5.2 Market size and forecast, by Sales Channel
8.3.6.5.3 Market size and forecast, by Vehicle Type
8.3.6.5.4 Market size and forecast, by Propulsion Type
8.3.6.6 Poland
8.3.6.6.1 Market size and forecast, by Position
8.3.6.6.2 Market size and forecast, by Sales Channel
8.3.6.6.3 Market size and forecast, by Vehicle Type
8.3.6.6.4 Market size and forecast, by Propulsion Type
8.3.6.7 Spain
8.3.6.7.1 Market size and forecast, by Position
8.3.6.7.2 Market size and forecast, by Sales Channel
8.3.6.7.3 Market size and forecast, by Vehicle Type
8.3.6.7.4 Market size and forecast, by Propulsion Type
8.3.6.8 Rest of Europe
8.3.6.8.1 Market size and forecast, by Position
8.3.6.8.2 Market size and forecast, by Sales Channel
8.3.6.8.3 Market size and forecast, by Vehicle Type
8.3.6.8.4 Market size and forecast, by Propulsion Type
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Position
8.4.3 Asia-Pacific Market size and forecast, by Sales Channel
8.4.4 Asia-Pacific Market size and forecast, by Vehicle Type
8.4.5 Asia-Pacific Market size and forecast, by Propulsion Type
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Position
8.4.6.1.2 Market size and forecast, by Sales Channel
8.4.6.1.3 Market size and forecast, by Vehicle Type
8.4.6.1.4 Market size and forecast, by Propulsion Type
8.4.6.2 India
8.4.6.2.1 Market size and forecast, by Position
8.4.6.2.2 Market size and forecast, by Sales Channel
8.4.6.2.3 Market size and forecast, by Vehicle Type
8.4.6.2.4 Market size and forecast, by Propulsion Type
8.4.6.3 Japan
8.4.6.3.1 Market size and forecast, by Position
8.4.6.3.2 Market size and forecast, by Sales Channel
8.4.6.3.3 Market size and forecast, by Vehicle Type
8.4.6.3.4 Market size and forecast, by Propulsion Type
8.4.6.4 South Korea
8.4.6.4.1 Market size and forecast, by Position
8.4.6.4.2 Market size and forecast, by Sales Channel
8.4.6.4.3 Market size and forecast, by Vehicle Type
8.4.6.4.4 Market size and forecast, by Propulsion Type
8.4.6.5 Asean
8.4.6.5.1 Market size and forecast, by Position
8.4.6.5.2 Market size and forecast, by Sales Channel
8.4.6.5.3 Market size and forecast, by Vehicle Type
8.4.6.5.4 Market size and forecast, by Propulsion Type
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Market size and forecast, by Position
8.4.6.6.2 Market size and forecast, by Sales Channel
8.4.6.6.3 Market size and forecast, by Vehicle Type
8.4.6.6.4 Market size and forecast, by Propulsion Type
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Position
8.5.3 LAMEA Market size and forecast, by Sales Channel
8.5.4 LAMEA Market size and forecast, by Vehicle Type
8.5.5 LAMEA Market size and forecast, by Propulsion Type
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Market size and forecast, by Position
8.5.6.1.2 Market size and forecast, by Sales Channel
8.5.6.1.3 Market size and forecast, by Vehicle Type
8.5.6.1.4 Market size and forecast, by Propulsion Type
8.5.6.2 UAE
8.5.6.2.1 Market size and forecast, by Position
8.5.6.2.2 Market size and forecast, by Sales Channel
8.5.6.2.3 Market size and forecast, by Vehicle Type
8.5.6.2.4 Market size and forecast, by Propulsion Type
8.5.6.3 Saudi Arabia
8.5.6.3.1 Market size and forecast, by Position
8.5.6.3.2 Market size and forecast, by Sales Channel
8.5.6.3.3 Market size and forecast, by Vehicle Type
8.5.6.3.4 Market size and forecast, by Propulsion Type
8.5.6.4 South Africa
8.5.6.4.1 Market size and forecast, by Position
8.5.6.4.2 Market size and forecast, by Sales Channel
8.5.6.4.3 Market size and forecast, by Vehicle Type
8.5.6.4.4 Market size and forecast, by Propulsion Type
8.5.6.5 Rest of LAMEA
8.5.6.5.1 Market size and forecast, by Position
8.5.6.5.2 Market size and forecast, by Sales Channel
8.5.6.5.3 Market size and forecast, by Vehicle Type
8.5.6.5.4 Market size and forecast, by Propulsion Type

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 APTIV PLC
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 DENSO CORPORATION
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 FEDERAL-MOGUL CORPORATION
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 GRUPO ANTOLIN
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 HELLA GmbH
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 HYUNDAI MOBIS
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 KOITO MANUFACTURING CO., LTD.
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Koninklijke Philips N. V.
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 MAGNETI HOLDINGS CO., LTD.
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 NXP SEMICONDUCTORS
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 OSRAM GmbH
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Robert Bosch GmbH
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 Stanley Electric Co., Ltd.
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
10.14 VALEO
10.14.1 Company overview
10.14.2 Company snapshot
10.14.3 Operating business segments
10.14.4 Product portfolio
10.14.5 Business performance
10.14.6 Key strategic moves and developments
10.15 ZKW
10.15.1 Company overview
10.15.2 Company snapshot
10.15.3 Operating business segments
10.15.4 Product portfolio
10.15.5 Business performance
10.15.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Automotive LED Lighting Market,' the automotive led lighting market was valued at $16 billion in 2021, and is estimated to reach $32.2 billion by 2031, growing at a CAGR of 7.4% from 2022 to 2031.

In 2021, Asia-Pacific dominated the market, in terms of revenue, followed by Europe, North America, and LAMEA. Increase in vehicle production and rise in demand for luxury vehicles with adaptive lighting in Asia-Pacific drive growth of the automotive LED lighting market in the region.

The prominent key factors that drive growth of the automotive LED lighting market are growth in emphasis toward road safety, increase in demand for advanced technology in vehicle, and rise in implementation of electronic systems in vehicle. Increase in adoption of LED in automotive lighting is observed globally. Though the prices of LED lights are presently high, low-energy consumption and longer life span are factors that are expected to increase the demand for these lights. However, ongoing R&D activities are anticipated to diminish the prices of LED lights in future; thereby, providing lucrative opportunities for the market growth. Presently, companies such as Koito Manufacturing Co. Ltd., Stanley Electric, Hella, and others provide automotive LED lights in various shapes for various automotive applications.

The automotive LED lighting market is segmented on the basis of position, sales channel, vehicle type, propulsion type, and region. By position, it is divided into front, rear, side, and interior. By sales channel, it is bifurcated into OEM and aftermarket. By vehicle type, it is categorized into passenger cars, and commercial vehicles. By propulsion type, it is fragmented into ICE, electric, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

COVID-19 Impact Analysis

The COVID-19 outbreak forced governments across the globe to implement stringent lockdowns and ban import-export of essential raw material items for most of 2020, and few months in 2021. This led to sudden decline in availability of important raw materials for vehicle components which, in turn, negatively impacted the market for automotive LED lighting market.

Global reduction in automotive sales and decrease in utilization of automotive, owing to lockdowns and restrictions are attributed to the change in customer preferences. Automotive LED lightings need to be replaced after a specific period of their operating life cycle and travel restrictions impacted demand for the replacement of automotive LED lightings. Although, the automotive market has struggled due to the pandemic, the automotive intelligent lighting system market has the high scope of growing opportunities in future due to factors such as the rising demand in autonomous and semi-autonomous vehicles, technological advancement in automotive lighting, and growing demand for automobile safety features from consumer-end.

Severe measures and restrictions across the world were eased as COVID-19 cases started declining worldwide. The production of vehicles was stunted globally, owing to the pandemic yet the automotive manufacturers focused on development of new products and announced strategic expansion and collaboration across the industry. These factors were responsible for fluctuation in sales of automotive LED lightings across the world.

KEY FINDINGS OF THE STUDY

By position, the side segment is expected to register a significant growth during the forecast period.

By sales channel, the aftermarket segment is projected to lead the global automotive LED lighting market

By vehicle type, the commercial vehicle segment is projected to lead the global automotive LED lighting market

By propulsion type, the electric segment is projected to lead the global automotive LED lighting market
Region-wise, LAMEA is anticipated to register the highest CAGR during the forecast period.

The Key players that operate in this automotive LED lighting market include APTIV, Denso Corporation, Federal-Mogul Corporation (Tenneco Inc.), Grupo Antolin, HELLA GmbH & Co. KGaA, Hyundai Mobis, Koito Manufacturing Co., Ltd., Koninklijke Philips N.V., Marelli Holdings Co., Ltd., NXP Semiconductors, Osram GmbH, Robert Bosch GmbH, Stanley Electric Co., Ltd., Valeo, and ZKW.

Companies Mentioned

• Aptiv PLC
• Denso Corporation
• Federal-Mogul Corporation
• Grupo Antolin
• Hella GmbH
• Hyundai Mobis
• Koito Manufacturing Co. Ltd.
• Koninklijke Philips N.V.
• Magneti Holdings Co. Ltd.
• Nxp Semiconductors
• Osram GmbH
• Robert Bosch GmbH
• Stanley Electric Co. Ltd.
• Valeo
• Zkw

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.