Automotive Lighting Market Share, Size, and Trends by 2031
Automotive Lighting Market: Strategic Insights
Automotive Lighting Market
-
CAGR (2023 - 2031)4.97% -
Market Size 2023
US$ 21.30 Billion -
Market Size 2031
US$ 31.40 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing sales of premium and luxury car owing to rising disposable income
FUTURE TRENDS
- Growing popularity of laser headlamps among automotive OEMs
OPPORTUNITIES
- Growing demand for LED automotive exterior lighting
Key Players
- Automotive Lighting LLC
- Hella GmbH Co KGaA
- Koito Manufacturing Co
- Ltd
- Lumileds Holding BV
- Osram Continental GmbH
- SL Corporation
- Stanley Electric Co Ltd
- Tungsram
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Technology - Halogen
- LED
- Xenon
- Laser
Application - Headlamp
- Rear Lighting
- Interior Lighting
- CHMSL
- Fog Lamps
- Small Lamps
Vehicle Type - Passenger Cars
- LCV
- MCV & HCV
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