Automotive Lighting - Global Sector Overview and Forecast to 2036 (Q2 2021 Update)
Summary Lighting is, self-evidently, a crucial safety technology for vehicles and pedestrians, enabling the vehicle to be seen at night or in poor visibility conditions and for the driver to see pedestrians, other vehicles and obstacles.The benefits of vehicle lighting are most obvious in dark conditions when more than 40% of road accidents occur.
In addition to dark being a contributory factor to accidents, fog is another major cause of accidents; during the day, it has been estimated that fog is responsible for around one-third of weather-related accidents. Recent analysis from one of the three leading lighting suppliers in Europe, suggests that 30% of accidents occur at night, while 50% of accidents are due to the shortening of drivers’ visual perception - these numbers explain the current concern of lighting suppliers and vehicle companies alike with improving lighting systems’ efficacy, especially at night.
Automotive lighting divides into a number of clear product and technology categories, i.e., Front Headlamps, Front Fog Lamps, Stop or Brake Lights, Side Lights/Indicator Lights form the main categories; day time running lights which are now mandatory in Europe - and which will become mandatory elsewhere over time - form another new category.
Automotive lighting technology is evolving quickly and is rapidly moving away from the traditionally passive nature of its function and towards computer-controlled, active, smart systems.Sophisticated dynamic driver-assistance technologies and vehicle lighting systems are being increasingly integrated into comprehensive driver vision and driver assistance systems.
All the major players in lighting are active in the development of LED headlamps and variable-beam adaptive headlight systems.
Initially, fitment of smart lights, which automatically adjust to road traffic and which switch between full and dipped beam automatically, were offered on premium cars. Such systems are now widely available, mainly still as options rather than as standard items, across the volume market, mostly in Europe and Japan
The report “Automotive Lighting - Global Sector Overview and Forecast to 2036 (Q2 2021 Update)” provides a comprehensive overview of the automotive OE Global Lighting sector, major suppliers, top 14 markets, technology trends and market size forecasts.
*The top 14 markets accounting for over 98% of global light vehicle production include - North America (US, Canada and Mexico) ; Mercosur (Brazil and Argentina); Western Europe (Germany, Italy, France, UK, Spain, Portugal, Netherlands, Belgium, Sweden, Austria, Finland and Morocco) ; Central Europe (Turkey, Bulgaria, Czech Republic, Poland, Slovakia, Hungary, Romania, Serbia and Slovenia); Russia; Japan; China; India; Korea; Thailand; Other Asia; Iran; South Africa; Australia.
Scope Based on exclusive interviews, primary research and proprietary data this global market study includes -
- Automotive OE Front Lighting (Halogen, HID Xenon, LED) fitment and market size data for the top 14* markets.
- A review of the latest technological developments and market trends (including HID, Adaptive, LED Daytime Running Lamps, Laser Lighting, LED Rear Lamps, Holographic Lighting, Lighting Colour and Quality, Pedestrian Protection, OLEDs).
- Regional supplier market share data tables and commentary.
- Exclusive interviews with OE suppliers including Valeo, SL Corporation, Federal Mogul
- Updated profiles of the major automotive lighting suppliers including their strategies and prospects.
- Sector PESTER (Political, Economic, Social, Technological, Environmental and Regulatory) analysis.
Reasons to Buy - Gain a quick overview of the Automotive Lighting sector globally.
- Understand the size and scope of the top 14 markets.
- Hear direct from leading companies on their strategies and plans.
- Review the latest and most significant technological developments.
- Know the key trends within the sector and what’s driving them.
- Spot opportunities and threats in this sector.
- Establish key companies’ latest activities and prospects.
- Prepare supply and demand forecasts.
- Produce internal sales plans and forecasts.
- Carry out competitive intelligence.
Our reports have been used by over 10K customers, including:
The machine vision lighting market expected to reach US$ 2,038.8 million by 2028 from US$ 1,125.1 million in 2021; it is estimated to register a CAGR of 8.0% from 2021 to 2028. The overall market has been segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa, and South and Central America.The presence of...
The tunnel lighting market is projected to reach US$ 2,955.7 million by 2028 from US$ 1,978.8 million in 2020; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028. Owing to the rise in need of energy conservation and concerns regarding increasing levels of carbon emissions, governments and corporates worldwide are investing...
Automotive Lighting - Global Sector Overview and Forecast (Q3 2021 Update) Summary Lighting is, self-evidently, a crucial safety technology for vehicles and pedestrians, enabling the vehicle to be seen at night or in poor visibility conditions and for the driver to see pedestrians, other vehicles...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Europe Lighting Control System Market Report The Europe lighting control system to grow at a CAGR of over 18% during 2021-2026 The European lighting control system market size was valued at USD 3 billion in 2020 and is expected to reach...
The PoE lighting market is projected to reach USD 922 million by 2026 from USD 243 million in 2021; it is expected to grow at a CAGR of 30.6% from 2021 to 2026. North America has the largest market share for PoE lighting. Whereas, APAC has the highest growth rate and is expected to grow at the highest CAGR during the forecast period owing...
The Global LED Lighting Market size is expected to reach $115.6 billion by 2027, rising at a market growth of 11.6% CAGR during the forecast period. A light-emitting diode (LED) refers to a semiconductor device that releases light when an electric current is sent through it. When the particles having current join together within the semiconductor...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Lighting Control System Market Report The global lighting control system market by revenue is expected to grow at a CAGR of approx. 19% during 2020–2026. The APAC region has dominated the market due to a large population and significant...
The global explosion-proof lighting market size is estimated to be USD 340 million in 2021 and is projected to reach 471 million by 2026, at a CAGR of 6.7% during the forecast period. The market has a promising growth potential due to several factors, including the increasing investments in the oil & gas and chemical & pharmaceutical industries...
Abstract Lighting Equipment Manufacturing in China The Lighting Equipment Manufacturing industry in China comprises establishments that manufacture electric lighting equipment including civil, construction, industrial, agricultural, medical, art and ornamental lamps and lanterns, along with non-electric lighting...
The Europe LED Lighting Market would witness market growth of 11.1% CAGR during the forecast period (2021-2027). LEDs are extremely effective, reliable, and provide a higher life span, which would fuel their adoption rate in indoor as well as outdoor settings. These lights are cost-efficient in comparison to incandescent lights, offering...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.