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Automotive Lighting×グローバルインフォメーション - List of Manufacturers, Suppliers, Companies and Products

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[English Market Research Report] Global Market for Automotive Lighting for ICE and EVs

Automotive Lighting Market

The global automotive lighting market size is expected to grow from 21.9 billion USD in 2022 to 28.5 billion USD by 2027, with a projected CAGR of 5.3% during the forecast period. Consumer demand for lighting that emphasizes the aesthetics of the vehicle interior is ultimately driving the demand for automotive lighting. Additionally, the introduction of stringent safety standards is promoting the adoption of advanced automotive lighting systems. Furthermore, the expansion of sales of electric vehicles and autonomous vehicles is expected to provide favorable opportunities for automotive lighting manufacturers. Regionally, the Asia-Pacific (including China and India) is the largest market. The sales of premium and luxury cars equipped with adaptive lighting are growing, strongly driving the automotive lighting market. This report analyzes the global automotive lighting market, examining the fundamental structure of the market, the latest developments, key market drivers and restraints, forecasts of market trends by engine type, component, vehicle type, supporting technology, and region, the state of market competition, and profiles of major companies.

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[English Market Research Report] China's Automotive Lighting Market (2022)

China Automotive Lighting Market Research Report, 2022

The market size of automotive lighting in China reached 60.45 billion yuan in 2021, marking a sharp increase of 15.2% compared to the previous year. As the pace of intelligent automotive lighting accelerates and the value of intelligent lighting per vehicle rises, the Chinese automotive lighting market is expected to reach 80.9 billion yuan by 2024. Similar to the global market, a significant portion of China's automotive lighting market is still dominated by a few major industry players, with the top four companies accounting for over 50% of the total market share. However, in the Chinese market, HASCO Vision and Changzhou Xingyu Automotive Lighting Systems rank first and second, respectively, with four of the top ten companies being Chinese firms, collectively holding about 38% of the market share. This report investigates the automotive lighting market in China, examining the intelligentization routes of major automotive lighting manufacturers, introducing intelligent lighting systems for key OEM vehicle models, and analyzing the development trends of intelligent automotive lighting in China.

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【English Market Research Report】Automotive Lighting Market

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The global automotive lighting market size reached 30.4 billion USD in 2022. Moving forward, the IMARC Group forecasts a growth rate of 6.5% (CAGR) between 2023 and 2028, predicting it will reach 45.4 billion USD by 2028. Automotive lighting refers to all lighting devices installed in vehicles, including headlights, taillights, daytime running lights, fog lights, signal lights, brake lights, hazard lights, and driving lights. It illuminates lanes, helps recognize roads, obstacles, and traffic signs, and supports safe driving. Additionally, it enhances the aesthetics of a vehicle's interior and exterior, improving visibility on the road. Currently, there is an increasing adoption of light-emitting diodes (LEDs) in vehicles, which consume less power, have a longer lifespan, and offer greater durability and strength compared to halogen and high-intensity discharge (HID) lights.

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[English Market Research Report] Global Market for Automotive Lighting

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The global automotive lighting market size is projected to grow from 28.3 billion USD in 2021 and 28.9 billion USD in 2022, with a CAGR of 4.10% during the forecast period, reaching 37.25 billion USD by 2030. This report investigates the global automotive lighting market, summarizing market overview, analysis of various influencing factors, trends in technology and innovation, regulatory environment, market size trends and forecasts, breakdown by various segments and regions, competitive landscape, and profiles of key companies.

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【English Market Research Report】Global Market for Lighting for ICE Vehicles and Electric Vehicles

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The automotive lighting market is expected to grow from 22.5 billion USD in 2023 to 30.4 billion USD by 2030, with a CAGR of 4.4% during the forecast period. The increase in production of mid-range vehicles equipped with LED lighting, the rise in sales of luxury cars and SUVs in developed countries, and the growing concern for safety on the road are driving OEMs to focus on innovation and advancements in automotive lighting technology.

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[English Market Research Report] Global Market for Automotive Lighting

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The global market size for automotive lighting was valued at 28.9 billion USD in 2022, with a projected CAGR of 4.10% during the forecast period (2024-2031), expected to grow from 30.08 billion USD in 2023 to 41.49 billion USD by 2031. The global commercial vehicle market is expected to see a surge in demand during the forecast period, driven by increases in production and sales. This growth is primarily fueled by technological advancements aimed at improving vehicle safety and complying with stringent government regulations. Additionally, the population growth and increased purchasing power in emerging markets are anticipated to present favorable opportunities for the market.

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