Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for auto industry professionals · Wednesday, March 19, 2025 · 795,101,285 Articles · 3+ Million Readers

Automotive Lighting Market to Increase USD 58.59B Globally by 2030, at a 6.3% CAGR & Advancements in Smart Lighting Tech

Rise in implementation of government rule and regulations, increase in manufacturing of automobiles, and improved importance of road safety drives the market.

OREGON, DE, UNITED STATES, March 18, 2025 /EINPresswire.com/ -- Allied Market Research recently published a report, titled, "Automotive Lighting Market by Light Type (Halogen, Xenon/HID, and LED), Vehicle Type (Passenger ICE Vehicle, Commercial ICE Vehicle, and Electric Vehicle), Position (Front Lighting, Rear Lighting, Side Lighting, and Interior Lighting), and Sales Channel (Original Equipment Manufacturers (OEMs), and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021โ€“2030."

๐€๐ฌ ๐ฉ๐ž๐ซ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐š๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ฅ๐ข๐ ๐ก๐ญ๐ข๐ง๐  ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฐ๐š๐ฌ ๐š๐œ๐œ๐จ๐ฎ๐ง๐ญ๐ž๐ ๐Ÿ๐จ๐ซ $๐Ÿ‘๐Ÿ.๐Ÿ‘๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ, ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก $๐Ÿ“๐Ÿ–.๐Ÿ“๐Ÿ— ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ, ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐  ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ”.๐Ÿ‘% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ - https://www.alliedmarketresearch.com/request-sample/A31507

Factors such as growing emphasis towards road safety, government regulations, and growing automobile production foster the growth of automotive lighting market. However, high cost of LEDs hinders the growth of market. Furthermore, the rise in demand for automotive in developing nations is the factor that is anticipated to provide a remarkable growth opportunity for the players operating in the automotive lighting market.

Major determinants of the market growth

Increase in the implementation of government regulations, rise in automobile production, and growing emphasis toward road safety have boosted the growth of the global automotive lighting market. On the contrary, fluctuating prices of raw materials and high cost of LED lights hinder the market growth. However, increased application in light commercial vehicles and rise in demand for advanced technology in vehicles are expected to open lucrative opportunities for the market players in the coming years.

Lighting, being a vital component in automotive vehicles, plays a crucial role in automotive safety. Automotive vehicles consist of various lights, which increase visibility in darkness and bad weather conditions. In addition, the lights can increase the conspicuity of vehicles. The lighting system comprises lighting and signaling devices. The lighting equipment is placed at different vehicle locations, including front, rear, top, and interiors. Lighting provides illumination for drivers, helping other vehicle drivers and pedestrians on the road to detect other vehiclesโ€™ positions, the direction of movement, and size. Further, it also adds an aesthetic look to the vehicle's interior and exterior parts.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/A31507

The LED segment to dominate by 2030-

Based on light type, the LED segment contributed to nearly half of the global automotive lighting market share in 2020, and is anticipated to rule the roost by 2030, due to its longer life and better efficiency as compared to other lighting technologies to be used in vehicles. Moreover, this segment is expected to grow with the fastest CAGR of 7.4% throughout the forecast period.

๐“๐ก๐ž ๐ค๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐š๐ง๐š๐ฅ๐ฒ๐ณ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐š๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ฅ๐ข๐ ๐ก๐ญ๐ข๐ง๐  ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ซ๐ž DENSO Corporation, Hella KGaA Hueck & Co., Hyundai Mobis, Koito Manufacturing Co., Ltd., Koninklijke Philips N.V., Osram Licht AG, ROBERT BOSCH GmbH, Stanley Electric Co., Ltd., Valeo, ZKW, and others.

The passenger vehicle segment to maintain the dominant share-

Based on vehicle type, the passenger vehicle segment accounted for more than half of the global automotive lighting market revenue in 2020, and is expected to lead the trail by 2030, owing to wider application of automotive lighting in passenger vehicles to provide a better view ofthe inner and outer environment. The electric vehicle segment, however, would register the fastest CAGR of 13.1% during the forecast period. This is due to the introduction of electric vehicle concept as a vehicle type to be used in the future.

Interested to Procure the Data with Actionable Strategy & Insights? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/646

Asia-Pacific, followed by North America, garnered the major share in 2020-

Based on region, Asia-Pacific, followed by North America, garnered the major share in 2020, holding nearly half of the global automotive lighting market. This is attributed to the growing production and sales of vehicles across the region. However, the market across LAMEA would cite the fastest CAGR of 8.4% from 2021 to 2030. This is due to the increased demand for advanced vehicles with advanced safety features such as adaptive lighting to be present in vehicles running across the region.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/automotive-logistics-market/purchase-options

๐‚๐จ๐ฏ๐ข๐-๐Ÿ๐Ÿ— ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The COVID-19 crisis is creating uncertainty in the automotive lighting market by slowing down the supply chains, hampering business growth, and increasing panic among the customer segments.

Governments across different regions announced total lockdown and temporarily shutdown of industries, which adversely affected the overall production and sales.

The global business outlook has changed dramatically post COVID-19 health crisis.

Moreover, the overall production activities of market players have declined, owing to operations with limited workforce capacity and inadequate health safety measures along with current demand dynamics of the automotive industry.

With the advent in pandemic, the automobile & transportation sector came to halt due to the imposed lockdown across the globe, which has also created an adverse effect on the automotive industry across the globe.

As per the current scenario, overall world is getting back on track slowly with the new restriction and policies to support the economic activities in all industries.

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐–๐ž ๐‡๐š๐ฏ๐ž ๐จ๐ง ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐‹๐ข๐ ๐ก๐ญ๐ข๐ง๐  ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

https://www.alliedmarketresearch.com/bicycle-lights-market-A31859 - Bicycle Lights Market Size, Share, Competitive Landscape and Trend Analysis Report, by Technology, by MountingType, by Bicycle Type, by Application : Global Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/automotive-adaptive-front-lighting-market-A10326 - Automotive Adaptive Front Lighting Market Size, Share, Competitive Landscape and Trend Analysis Report, by Technology, by Vehicle Type, by Sales Channel : Global Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/india-automotive-lighting-market - India Automotive Lighting Market Size, Share, Competitive Landscape and Trend Analysis Report, by Technology, Vehicle Type, Sales Channel - Opportunity Analysis and Industry Forecast, 2014 - 2022

https://www.alliedmarketresearch.com/electronic-stability-control-market-A10765 - Electronic Stability Control Market Size, Share, Competitive Landscape and Trend Analysis Report, by Component, by Vehicle Type, by Vehicle Propulsion : Global Opportunity Analysis and Industry Forecast, 2021-2031

๐€๐›๐จ๐ฎ๐ญ ๐ฎ๐ฌ :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
+ 1800-792-5285
email us here
Visit us on social media:
Facebook
X
LinkedIn
YouTube

Powered by EIN Presswire

Distribution channels: Automotive Industry, Electronics Industry

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Submit your press release