Automotive Lighting Market to Witness Robust Expansion by 2029

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 - 2022-2030
Base year- 2022
Forecast period- 2023-2030

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

A full Report of Automotive Lighting Market is Available @  https://www.omrglobal.com/industry-reports/automotive-lighting-market

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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