The automotive intelligent lighting market size is projected to reach US$ 12.01 billion by 2031 from US$ 6.26 billion in 2023. The market is expected to register a CAGR of 8.5% in 2022–2031. Automotive manufacturers around the globe are adopting LED light technology in their vehicles at a rapid pace. The automotive lighting market consists of several types of LED products, such as headlamps, focus lamps, and among others. Furthermore, the increasing adoption of automotive LED lighting in passenger cars drives the global automotive intelligent lighting market growth. For example, LED lighting contributed around 70% of the interior’s indicator lights and around 25% of the instrument display backlight. Currently, in the automotive intelligent lighting applications are mounted stop lamps located at the centre of the vehicle and brake & tail lights. The automotive intelligent lighting market is highly fragmented owing to the presence of several key players in the market.
Automotive Intelligent Lighting Market Analysis
The penetration of automotive intelligent LED headlamps has the largest share in 2023. It is expected to reach around 65% by 2025 as automobile sales are growing at a rapid pace with a surge in the global demand for connected cars. Automotive intelligent lightings use several technologies such as adaptive driving beam and adaptive front-lighting system. Digital intelligent automotive lamps are made available in luxury cars and premium, high-class vehicle models. For example, automotive intelligent lighting presence in several models, Audi with matrix LED intelligent, Mercedes-Benz, and WEY presence with LED intelligent pixel headlamp. The luminance factor of the lasers is approximately five times greater than other light sources available in the market. Therefore, the laser headlamps provide higher beam ranges to the vehicle drivers. The beam range of a typical laser headlight ranges above 500 m. The BMW i8 and BMW 7 are the other car series of passenger cars that feature laser-integrated headlights.
Automotive Intelligent Lighting Market Overview
With the rapid adoption of automotive intelligent lighting solutions, the automotive OEMs are offering enhanced intelligent systems. The OEMs are offering advanced active safety features such as adaptive lighting and modified interior lighting using intelligent ambient lighting for consumers. The constant adoption of advanced technologies, such as intelligent ambient and adaptive lighting, to expand a wide range of applications, such as adaptive indicators, adaptive rear lamps, and adaptive parking lights, among others. The major driving factor for the growth of automotive intelligent lighting is the rising adoption of adaptive lighting with stringent government norms to offer safety for vehicles in different countries and increasing demand for comfortable and luxury premium class vehicles.
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Automotive Intelligent Lighting Market: Strategic Insights
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Automotive Intelligent Lighting Market: Strategic Insights
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Automotive Intelligent Lighting Market Drivers and Opportunities
Growing Adoption of Led Automotive Interior and Exterior Lighting Drives Market Growth
The rear and front lights have the largest share in the overall automotive intelligent lighting market. Automotive manufacturers are looking to integrate lightweight automotive components to enhance fuel efficiency and safety requirements and improve the performance of the vehicle. LED intelligent lighting is widely used in automobiles to improve safety requirements and enhance visibility as per the customer's requirements. LED lamps are cooler, smaller in size, and consume less energy as compared to other standard automotive lamps. Automotive LED lights are widely used in the headlights that help the drivers to have a better view of the roads better road visibility, and thereby improving fuel efficiency.
Increasing sales of premium and luxury cars owing to rising disposable income
In developed countries where consumers have huge disposable incomes, it has been witnessed that with the rise of the vehicular population, consumer preferences for buying passenger cars differ. As a result, cost- and fuel efficiency are no longer the primary criteria for the purchase of these cars; instead, the purchases depend more on the comfort and luxury provided with them. Moreover, consumers are increasingly evaluating lighting systems and car ergonomics while making the selections.
Automotive Intelligent Lighting Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automotive intelligent lighting Market analysis are technology, lighting types, and vehicle types.
- Based on technology, the global automotive intelligent lighting market is divided into LED, Halogen, Xenon, and Laser. Among these, LED technology has the largest share in 2023, owing to increasing adoption in passenger cars.
- Based on lighting types, the global automotive intelligent lighting market is divided into adaptive headlights and intelligent ambient lighting.
- Depending on the vehicle type, the market is divided into passenger cars and commercial vehicles.
Automotive Intelligent Lighting Market Share Analysis by Geography
The geographic scope of the automotive intelligent lighting market report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Asia Pacific has the largest share in 2023. This is owing to increased passenger car sales across India, China, and Japan. In China, the automotive intelligent lighting market is growing with the highest CAGR of around 8.6% during the forecast period 2019 and 2025. LED still has low penetration in the Asia Pacific market and is growing at a rapid pace during the forecast period. These are several Chinese automotive intelligent lighting companies such as Guangzhou Stanley Electric Co., Ltd., Shanghai Koito Automotive Lamp Co., Ltd., Changchun, Hella, Faway Automotive Lighting Co., Ltd. and Valeo Lighting Hubei Technology Center Co., Ltd. These major players accounted for around 60% of the market share in the automotive intelligent lighting market.
Automotive Intelligent Lighting Market Regional Insights
Automotive Intelligent Lighting Market Regional Insights
The regional trends and factors influencing the Automotive Intelligent Lighting Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Automotive Intelligent Lighting Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
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Automotive Intelligent Lighting Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 6.26 Billion |
| Market Size by 2031 | US$ 12.01 Billion |
| Global CAGR (2022 - 2031) | 8.5% |
| Historical Data | 2021-2022 |
| Forecast period | 2023-2031 |
| Segments Covered |
By Technology
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
Automotive Intelligent Lighting Market Players Density: Understanding Its Impact on Business Dynamics
The Automotive Intelligent Lighting Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Automotive Intelligent Lighting Market are:
- Automotive Lighting LLC
- Hella GmbH & Co. KGaA
- Koito Manufacturing Co.,Ltd.
- Lumileds Holding BV
- Osram Continental GmbH
- SL Corporation
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Automotive Intelligent Lighting Market top key players overview
Automotive Intelligent Lighting Market News and Recent Developments
The automotive intelligent lighting market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for automotive intelligent lighting market and strategies:
- In July 2023, Marelli collaborated with OSRAM to launch an innovative automotive front lighting h-Digi micro-LED module. This intelligent digital lighting solution is built with the intelligent multipixel LED that enables fully adaptive, dynamic headlight operation and image projection. This made available for a wider range of vehicles. (Source: Marelli, Press Release/Company Website/Newsletter)
Automotive Intelligent Lighting Market Report Coverage and Deliverables
The “Automotive Intelligent Lighting Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles with SWOT analysis
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technology ; Type of Lights ; and Vehicle Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
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