Automotive Lighting Market Scope and Key Players Analysis by 2031
Automotive Lighting Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 21.30 Billion |
Market Size by 2031 | US$ 31.40 Billion |
Global CAGR (2023 - 2031) | 4.97% |
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 Lighting Market News and Recent Developments
The automotive 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 lighting market and strategies:
- On July 2023, Marelli, together with ams OSRAM launches a ground-breaking innovation in automotive front lighting, introducing the h-Digi® microLED module, which is now in series production. This digital lighting solution, based on a new type of intelligent multipixel LED, enables fully adaptive, dynamic headlight operation and image projection, while being an affordable technology, available for a wider range of vehicles. (Source: Marelli, Press Release/Company Website/Newsletter)
- On December 2023, OLEDWorks announced that it will showcase the latest OLED lighting technology for the automotive industry and redefine the landscape with the launch of an exciting new brand at CES 2024. The OLEDWorks team, comprised of OLED technical experts and customer solution strategists, eagerly anticipates welcoming attendees to booth #3225 in the West Hall of the Las Vegas Convention Center, where they can experience the cutting-edge innovations that will shape the future of automotive lighting. (Source: OLEDWorks, Press Release/Company Website/Newsletter)
Automotive Lighting Market Report Coverage and Deliverables
The “Automotive 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 Porter’s Five Forces 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