The global automotive lighting market is anticipated to grow at a CAGR of 10.1% during the forecast period. The increasing adoption of advanced light in vehicles is expected to drive the automotive lighting market during the forecast period. The key players are focusing on developing and installing advanced lighting to improve the visibility, appearance, and experience of consumers. For instance, in May 2022, Hella Inc. introduced the Slim Light System, the next generation of ambient vehicle lighting. Slim Light System enables the integration of additional safety functions and supports communication between occupants and vehicles. The system can indirectly set the scene for the interior and also enable wide-area lighting, such as in the door. It can be embedded between several layers, not exceeding a thickness of 8 millimeters. Depending on customer requirements, the system can be combined with different surface materials and designs and up to four LED modules can be coupled into the system. In addition to a complete palette of individual colors, this also enables dynamic lighting scenarios within the surface.
Moreover, in June 2021, Hella Inc. launched S-series work lamps for agricultural machinery, construction machinery, forklifts, trucks, trailers, and municipal vehicles. Through this launch, the company aims to develop a high-quality yet affordable LED work lamp. The work lamps provide homogeneous illumination with a color temperature of around 6,500 Kelvin, which is similar to daylight. It is also available in round, square, surface-mounted, and flush-mounted versions. The work lamp lens is made of special plastics, which reduces the weight and provides a high level of corrosion resistance and its cooling fin design ensures optimum heat dissipation, which increases the efficiency and lifetime of the work lamps. The work lamps produce their full light output at an ambient temperature between -40°C and +50°C.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Application Type
- By Technology
- By Vehicle Type
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including Continental AG, DENSO Corp., Hyundai Motor Group, Koito Manufacturing Co. Ltd, Koninklijke Philips N.V., Magneti Marelli S.P.A, and others.
Automotive Lighting Market Report Segment
By Application Type
- Front
- Side
- Rear
- Interior
By Technology
- Light Emitting Diode (LED)
- Halogen
- Xenon
By Vehicle Type
- Passenger Car
- Commercial Vehicle
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Automotive Lighting Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Continental AG
- DENSO Corp
- Hella, Inc.
- Hyundai Motor Group
- Koito Manufacturing Co. Ltd.
- Koninklijke Philips N.V.
- Magneti Marelli S.P.A
- Marelli Holdings Co., Ltd.
- Maxxima
- Mercedes-Benz AG
- Mobis India Ltd.
- Optronics International LLC
- Osram Licht AG
- Robert Bosch GmbH
- SpyderAuto
- Stanley Electric Co.Ltd
- Tata Motors Ltd.
- Toyota Motor Corp
- TYC/GENERA Corp.
- Valeo
- Varroc Engineering Ltd.
- ZKW Zizala Lichtsysteme GmbH
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