Automotive Lighting Market for ICE & EV by Technology, Position & Application, Adaptive Lighting and Region - Global Forecast to 2025

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Aug 24, 2020, 15:30 ET

DUBLIN, Aug. 24, 2020 /PRNewswire/ -- The "Automotive Lighting Market for ICE & EV by Technology (Halogen, LED, Xenon/HID), Position & Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global automotive lighting market size is projected to grow from USD 27.0 billion in 2020 to USD 34.9 billion by 2025, at a CAGR of 5.3% during the forecast period.

The trend of improving illumination in premium vehicles & SUVs is driving the growth of the market. The increasing sales of these cars are expected to propel the growth of the market further. Moreover, consumers are paying more attention to aesthetically appealing lights in a car, which ultimately drives the demand for automotive lighting. Furthermore, the rising sales of electrified, semi-autonomous, and autonomous vehicles are expected to open new opportunities for the growth of the market over the next few years.

The COVID-19 pandemic has brought the production and trade of automotive components to a standstill. Challenges on the demand & supply sides, and also around the availability of finance & investments, are expected to hamper global vehicle production. Moreover, unemployment is rising due to the COVID-19-induced recession, which is likely to result in a decline in the demand for passenger cars, mainly impacting the automotive lighting market. However, despite suspended operations, OEMs are continuing to build partnerships with suppliers and vendors to ensure the availability of parts & components for effective operations once the lockdowns end. Thus, the partial opening of production facilities and gradual stability in supply chains in the coming months is expected to give the automotive lighting market modest growth opportunities.

LED technology lighting expected to be the fastest-growing segment.

The LED technology is expected to be the fastest-growing market as it provides aesthetically appealing looks to the vehicle. Moreover, this lighting technology offers better visibility to both the driver and the oncoming car in comparison to other technologies like halogen and xenon.

The passenger vehicle segment is expected to be the largest market during the forecast period.

Automotive lightings are used mostly used in passenger vehicles where the customer is aware of the benefits of adaptive headlights and is ready to invest. Moreover, advancing technology catering to this vehicle segment coupled with quick consumer adaptability for these modules is expected to drive the growth of the market during the forecast period.

The Asia Pacific is the largest market for the automotive lighting market.

The Asia Pacific has been witnessing significant growth in the new car sales volume over the past few years, especially in emerging economies such as China and India. The high disposable income of consumers and quick adoption of advancing technology, especially in vehicles, is expected to drive the demand for automotive lighting. For instance, the production of the SUV segment in India grew from 0.65 million units in 2016 to 0.97 million units in 2018, and the growth is expected to continue in the near future. Production of the luxury segment (D and E) in China grew from 2.5 million in 2016 to 3.4 million units in 2018. Moreover, the production of the luxury SUV segment (SUV C and SUV D) increased from 2.31 million units in 2016 to 2.81 million units in 2018.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary
3.1 Pre- & Post-Covid-19 Scenario
3.2 Report Summary

4 Premium Insights
4.1 Attractive Opportunities in the Automotive Lighting Market
4.2 Automotive Lighting Market in the Asia Pacific, by Technology and Country
4.3 Automotive Lighting Market, by Technology
4.4 Automotive Lighting Market, by Vehicle Type
4.5 Automotive Adaptive Lighting Market, by Type
4.6 Automotive Lighting Market, by Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Demand for Premium Segment Vehicles
5.2.1.2 Lighting Regulations for Better Visibility and Safety
5.2.1.3 High Demand for Adaptive Lighting
5.2.2 Restraints
5.2.2.1 High Cost of Led Lights
5.2.2.2 Low Penetration of Advanced Lighting in Hatchback, Compact Sedan, and Entry-Level Suv
5.2.3 Opportunities
5.2.3.1 Partnership Between Automotive Oems and Lighting System Manufacturers
5.2.3.2 Evolution of New Technologies
5.2.4 Challenges
5.2.4.1 Volatility of Raw Material Prices
5.2.4.2 Increase in Competition from Local Companies Offering Counterfeit/Retrofit Solutions
5.2.4.3 Less Penetration of Advanced Lighting in the Commercial Vehicle Segment
5.3 Covid-19 Impact on Automotive Industry
5.4 Covid-19 Impact Analysis on Automotive Lighting Market
5.4.1 Most Likely/Realistic Scenario
5.4.2 High Covid-19 Impact Scenario
5.4.3 Low Covid-19 Impact Scenario

6 Automotive Lighting Market, by Technology
6.1 Introduction
6.1.1 Research Methodology
6.1.2 Assumptions/Limitations
6.1.3 Industry Insights
6.2 Halogen
6.2.1 Asia Pacific Leads the Halogen Lighting Market
6.3 Led
6.3.1 Asia Pacific is the Largest Led Market
6.4 Xenon/Hid
6.4.1 Xenon Has the Lowest Market Share of All Technologies

7 Automotive Lighting Market, by Application
7.1 Introduction
7.2 Market Definitions
7.3 Passenger Car Lighting Market, by Application
7.4 Passenger Car Interior Lighting Market, by Application
7.5 Passenger Car Front Lighting Market, by Application
7.6 Passenger Car Rear Lighting Market, by Application
7.7 Passenger Car Side Lighting Market, by Application
7.8 Light Commercial Vehicle Lighting Market, by Application
7.9 Light Commercial Vehicle Interior Lighting Market, by Application
7.10 Light Commercial Vehicle Front Lighting Market, by Application
7.11 Light Commercial Vehicle Rear Lighting Market, by Application
7.12 Light Commercial Vehicle Side Lighting Market, by Application
7.13 Truck Lighting Market, by Application
7.14 Truck Interior Lighting Market, by Application
7.15 Truck Front Lighting Market, by Application
7.16 Truck Rear Lighting Market, by Application
7.17 Truck Side Lighting Market, by Application
7.18 Bus Lighting Market, by Application
7.19 Bus Interior Lighting Market, by Application
7.20 Bus Front Lighting Market, by Application
7.21 Bus Rear Lighting Market, by Application
7.22 Bus Side Lighting Market, by Application

8 Automotive Adaptive Lighting Market, by Type
8.1 Introduction
8.1.1 Research Methodology
8.1.2 Assumptions
8.1.3 Limitations/Risk Factors
8.1.4 Industry Insights
8.2 Front Adaptive Lighting
8.2.1 Auto On/Off
8.2.2 Bending/Cornering Lights
8.2.3 High Beam Assist
8.2.4 Headlight Leveling
8.3 Rear Adaptive Lighting
8.4 Ambient Lighting

9 Automotive Lighting Market, by Vehicle Type
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Assumptions
9.1.3 Limitations/Risk Factors
9.1.4 Industry Insights
9.2 Passenger Car
9.2.1 Asia Pacific Leads the Passenger Car Lighting Market
9.3 Light Commercial Vehicle
9.3.1 North America is the Largest Market for Lcv Lighting
9.4 Truck
9.4.1 Asia Pacific is Expected to Lead the Automotive Lighting Market For Trucks
9.5 Bus
9.5.1 Buses Have the Lowest Market Share of All Vehicle Types

10 Electric Vehicles Lighting Market, by Technology
10.1 Introduction
10.1.1 Research Methodology
10.1.2 Assumptions
10.1.3 Limitations/Risk Factors
10.1.4 Industry Insights
10.2 Halogen
10.2.1 Halogen Has the Second Largest Market Share
10.3 Led
10.3.1 Led Market is Expected to Grow at the Highest Cagr
10.4 Xenon/Hid
10.4.1 Xenon Market is Decreasing

11 Electric Vehicles Lighting Market, by Application
11.1 Introduction
11.1.1 Research Methodology
11.1.2 Assumptions
11.1.3 Limitations/Risk Factors
11.1.4 Industry Insights
11.2 Exterior Lighting
11.2.1 Headlight
11.2.2 Fog Light
11.2.3 Daytime Running Light
11.2.4 Tail Light
11.2.5 Sidelight
11.2.6 Center High Mount Stop Light
11.3 Interior Lighting
11.3.1 Dashboard Light
11.3.2 Glove Box Light
11.3.3 Reading Light
11.3.4 Dome Light

12 Automotive Lighting Market, by Region
12.1 Introduction
12.2 Asia Pacific
12.3 Europe
12.4 North America
12.5 Rest of the World (Row)

13 Adjacent & Related Markets
13.1 Introduction
13.2 Limitations
13.3 Automotive Lighting Ecosystem & Interconnected Markets
13.4 Headlight Control Module
13.4.1 Market Definition
13.4.2 Market Overview
13.4.3 Headlight Control Module Market, by Region
13.5 Passenger Car Polycarbonate Market for Lighting
13.5.1 Market Definition
13.5.2 Market Overview
13.5.3 Passenger Car Polycarbonate Market for Lighting
13.6 Train Lighting Market
13.6.1 Market Definition
13.6.2 Market Overview
13.6.3 Train Lighting Market
13.7 Marine Lighting
13.7.1 Market Definition
13.7.2 Market Overview
13.7.3 Marine Lighting Market
13.8 Ambiance Lighting Market for Automotive
13.8.1 Market Definition
13.8.2 Market Overview
13.8.3 Ambiance Lighting Market, by Passenger Car Segment

14 Competitive Landscape
14.1 Overview
14.2 Automotive Lighting Market: Market Share Analysis
14.3 Competitive Leadership Mapping
14.3.1 Terminology
14.3.2 Automotive Lighting System Manufacturers
14.3.2.1 Visionary Leaders
14.3.2.2 Innovators
14.3.2.3 Dynamic Differentiators
14.3.2.4 Emerging Companies
14.3.3 Strength of Product Portfolio
14.3.4 Business Strategy Excellence
14.3.5 Automotive Lighting Source Manufacturers
14.3.5.1 Visionary Leaders
14.3.5.2 Innovators
14.3.5.3 Dynamic Differentiators
14.3.5.4 Emerging Companies
14.3.6 Strength of Product Portfolio
14.3.7 Business Strategy Excellence
14.4 Competitive Scenario
14.4.1 New Product Launches/New Product Developments
14.4.2 Supply Contract/Partnerships/Joint Ventures/ Collaborations
14.4.3 Mergers & Acquisitions
14.4.4 Expansions

15 Company Profiles
15.1 Hella Kgaa Hueck & Co.
15.2 Valeo S.A.
15.3 Osram Gmbh
15.4 Continental Ag
15.5 Hyundai Mobis
15.6 Ichikoh Industries, Ltd.
15.7 Robert Bosch Gmbh
15.8 Koito Manufacturing Co., Ltd.
15.9 Stanley Electric Co., Ltd.
15.10 Koninklijke Philips N.V.
15.11 Magneti Holdings Co., Ltd.
15.12 Zizala Lichtsysteme Gmbh
15.13 Nxp Semiconductors
15.14 Aptiv Plc
15.15 Grupo Antolin
15.16 Federal-Mogul Corporation
15.17 Lear Corporation
15.18 Gentex Corporation
15.19 Flex-N-Gate
15.20 North American Lighting
15.21 Denso Corporation
15.22 Renesas Electronics Corporation
15.23 Keboda
15.24 Varroc
15.25 Lumax Industries

16 Recommendations by the Publisher
16.1 India and China Are High Priority Markets for Automotive Lighting Suppliers
16.2 Companies Can Emphasize on Led Technology for Automotive Lighting Applications
16.3 Conclusion
16.4 Industry Connect
16.4.1 Electrification
16.4.2 Autonomous Vehicle

17 Appendix

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