Automotive LED Lighting Market, Global Outlook and Forecast 2023-2029

Report ID: MMG40744 | Category: Automobile & Transportation | Pages: 117 | Format: PDF | Published Date: February 21,2023

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Report Summary

The automotive lighting system of a motor vehicle consists of lighting and signaling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle. This lights the roadway for the driver and increases the conspicuity of the vehicle, allowing other drivers and pedestrians to see a vehicle's presence, position, size, direction of travel, and the driver's intentions regarding direction and speed of travel. Emergency vehicles usually carry distinctive lighting equipment to warn drivers and indicate priority of movement in traffic.
A light-emitting diode (LED) is a two-lead semiconductor light source. It is a p–n junction diode, which emits light when activated. When a suitable voltage is applied to the leads, electrons are able to recombine with electron holes within the device, releasing energy in the form of photons. This effect is called electroluminescence, and the color of the light (corresponding to the energy of the photon) is determined by the energy band gap of the semiconductor.
Because of their long life, fast switching times, and their ability to be seen in broad daylight due to their high output and focus, LEDs have been used in brake lights for cars' high-mounted brake lights, and in turn signals for some time, but many vehicles now use LEDs for their rear light clusters. The use in brakes improves safety, due to a great reduction in the time needed to light fully, or faster rise time, up to 0.5 second faster than an incandescent bulb. This gives drivers behind more time to react. In a dual intensity circuit (rear markers and brakes) if the LEDs are not pulsed at a fast enough frequency, they can create a phantom array, where ghost images of the LED will appear if the eyes quickly scan across the array. White LED headlamps are starting to be used. Using LEDs has styling advantages because LEDs can form much thinner lights than incandescent lamps with parabolic reflectors.
In a word, Automotive LED lighting is the automotive lighting using LED.
This report aims to provide a comprehensive presentation of the global market for Automotive LED Lighting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive LED Lighting. This report contains market size and forecasts of Automotive LED Lighting in global, including the following market information:
Global Automotive LED Lighting Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive LED Lighting Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automotive LED Lighting companies in 2022 (%)
The global Automotive LED Lighting market was valued at US$ 9122 million in 2022 and is projected to reach US$ 16880 million by 2029, at a CAGR of 9.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Europe is the largest Automotive LED Lighting market with about 46% market share. Japan is follower, accounting for about 19% market share.
The key players are Koito, Magneti Marelli, Valeo, Hella, Stanley, OSRAM, ZKW Group, Varroc, Car Lighting District, GUANGZHOU LEDO ELECTRONIC, CN360, Easelook, TUFF PLUS, Dahao Automotive, Bymea Lighting, Sammoon Lighting, FSL Autotech, Hoja Lighting etc. Top 3 companies occupied about 50% market share.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive LED Lighting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive LED Lighting Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive LED Lighting Market Segment Percentages, by Type, 2022 (%)
    Exterior Lighting
    Interior Lighting
Global Automotive LED Lighting Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive LED Lighting Market Segment Percentages, by Application, 2022 (%)
    Passenger Car
    Commercial Vehicle
Global Automotive LED Lighting Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive LED Lighting Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive LED Lighting revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive LED Lighting revenues share in global market, 2022 (%)
Key companies Automotive LED Lighting sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automotive LED Lighting sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Koito
    Magneti Marelli
    Valeo
    Hella
    Stanley
    OSRAM
    ZKW Group
    Varroc
    Car Lighting District
    GUANGZHOU LEDO ELECTRONIC
    CN360
    Easelook
    TUFF PLUS
    Dahao Automotive
    Bymea Lighting
    Sammoon Lighting
    FSL Autotech
    Hoja Lighting
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive LED Lighting, market overview.
Chapter 2: Global Automotive LED Lighting market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive LED Lighting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive LED Lighting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive LED Lighting capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Automotive LED Lighting Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Automotive LED Lighting Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Automotive LED Lighting Overall Market Size
    2.1 Global Automotive LED Lighting Market Size: 2022 VS 2029
    2.2 Global Automotive LED Lighting Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Automotive LED Lighting Sales: 2018-2029
3 Company Landscape
    3.1 Top Automotive LED Lighting Players in Global Market
    3.2 Top Global Automotive LED Lighting Companies Ranked by Revenue
    3.3 Global Automotive LED Lighting Revenue by Companies
    3.4 Global Automotive LED Lighting Sales by Companies
    3.5 Global Automotive LED Lighting Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Automotive LED Lighting Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Automotive LED Lighting Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Automotive LED Lighting Players in Global Market
        3.8.1 List of Global Tier 1 Automotive LED Lighting Companies
        3.8.2 List of Global Tier 2 and Tier 3 Automotive LED Lighting Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Automotive LED Lighting Market Size Markets, 2022 & 2029
        4.1.2 Exterior Lighting
        4.1.3 Interior Lighting
    4.2 By Type - Global Automotive LED Lighting Revenue & Forecasts
        4.2.1 By Type - Global Automotive LED Lighting Revenue, 2018-2023
        4.2.2 By Type - Global Automotive LED Lighting Revenue, 2024-2029
        4.2.3 By Type - Global Automotive LED Lighting Revenue Market Share, 2018-2029
    4.3 By Type - Global Automotive LED Lighting Sales & Forecasts
        4.3.1 By Type - Global Automotive LED Lighting Sales, 2018-2023
        4.3.2 By Type - Global Automotive LED Lighting Sales, 2024-2029
        4.3.3 By Type - Global Automotive LED Lighting Sales Market Share, 2018-2029
    4.4 By Type - Global Automotive LED Lighting Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Automotive LED Lighting Market Size, 2022 & 2029
        5.1.2 Passenger Car
        5.1.3 Commercial Vehicle
    5.2 By Application - Global Automotive LED Lighting Revenue & Forecasts
        5.2.1 By Application - Global Automotive LED Lighting Revenue, 2018-2023
        5.2.2 By Application - Global Automotive LED Lighting Revenue, 2024-2029
        5.2.3 By Application - Global Automotive LED Lighting Revenue Market Share, 2018-2029
    5.3 By Application - Global Automotive LED Lighting Sales & Forecasts
        5.3.1 By Application - Global Automotive LED Lighting Sales, 2018-2023
        5.3.2 By Application - Global Automotive LED Lighting Sales, 2024-2029
        5.3.3 By Application - Global Automotive LED Lighting Sales Market Share, 2018-2029
    5.4 By Application - Global Automotive LED Lighting Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Automotive LED Lighting Market Size, 2022 & 2029
    6.2 By Region - Global Automotive LED Lighting Revenue & Forecasts
        6.2.1 By Region - Global Automotive LED Lighting Revenue, 2018-2023
        6.2.2 By Region - Global Automotive LED Lighting Revenue, 2024-2029
        6.2.3 By Region - Global Automotive LED Lighting Revenue Market Share, 2018-2029
    6.3 By Region - Global Automotive LED Lighting Sales & Forecasts
        6.3.1 By Region - Global Automotive LED Lighting Sales, 2018-2023
        6.3.2 By Region - Global Automotive LED Lighting Sales, 2024-2029
        6.3.3 By Region - Global Automotive LED Lighting Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Automotive LED Lighting Revenue, 2018-2029
        6.4.2 By Country - North America Automotive LED Lighting Sales, 2018-2029
        6.4.3 US Automotive LED Lighting Market Size, 2018-2029
        6.4.4 Canada Automotive LED Lighting Market Size, 2018-2029
        6.4.5 Mexico Automotive LED Lighting Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Automotive LED Lighting Revenue, 2018-2029
        6.5.2 By Country - Europe Automotive LED Lighting Sales, 2018-2029
        6.5.3 Germany Automotive LED Lighting Market Size, 2018-2029
        6.5.4 France Automotive LED Lighting Market Size, 2018-2029
        6.5.5 U.K. Automotive LED Lighting Market Size, 2018-2029
        6.5.6 Italy Automotive LED Lighting Market Size, 2018-2029
        6.5.7 Russia Automotive LED Lighting Market Size, 2018-2029
        6.5.8 Nordic Countries Automotive LED Lighting Market Size, 2018-2029
        6.5.9 Benelux Automotive LED Lighting Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Automotive LED Lighting Revenue, 2018-2029
        6.6.2 By Region - Asia Automotive LED Lighting Sales, 2018-2029
        6.6.3 China Automotive LED Lighting Market Size, 2018-2029
        6.6.4 Japan Automotive LED Lighting Market Size, 2018-2029
        6.6.5 South Korea Automotive LED Lighting Market Size, 2018-2029
        6.6.6 Southeast Asia Automotive LED Lighting Market Size, 2018-2029
        6.6.7 India Automotive LED Lighting Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Automotive LED Lighting Revenue, 2018-2029
        6.7.2 By Country - South America Automotive LED Lighting Sales, 2018-2029
        6.7.3 Brazil Automotive LED Lighting Market Size, 2018-2029
        6.7.4 Argentina Automotive LED Lighting Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Automotive LED Lighting Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Automotive LED Lighting Sales, 2018-2029
        6.8.3 Turkey Automotive LED Lighting Market Size, 2018-2029
        6.8.4 Israel Automotive LED Lighting Market Size, 2018-2029
        6.8.5 Saudi Arabia Automotive LED Lighting Market Size, 2018-2029
        6.8.6 UAE Automotive LED Lighting Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 Koito
        7.1.1 Koito Company Summary
        7.1.2 Koito Business Overview
        7.1.3 Koito Automotive LED Lighting Major Product Offerings
        7.1.4 Koito Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.1.5 Koito Key News & Latest Developments
    7.2 Magneti Marelli
        7.2.1 Magneti Marelli Company Summary
        7.2.2 Magneti Marelli Business Overview
        7.2.3 Magneti Marelli Automotive LED Lighting Major Product Offerings
        7.2.4 Magneti Marelli Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.2.5 Magneti Marelli Key News & Latest Developments
    7.3 Valeo
        7.3.1 Valeo Company Summary
        7.3.2 Valeo Business Overview
        7.3.3 Valeo Automotive LED Lighting Major Product Offerings
        7.3.4 Valeo Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.3.5 Valeo Key News & Latest Developments
    7.4 Hella
        7.4.1 Hella Company Summary
        7.4.2 Hella Business Overview
        7.4.3 Hella Automotive LED Lighting Major Product Offerings
        7.4.4 Hella Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.4.5 Hella Key News & Latest Developments
    7.5 Stanley
        7.5.1 Stanley Company Summary
        7.5.2 Stanley Business Overview
        7.5.3 Stanley Automotive LED Lighting Major Product Offerings
        7.5.4 Stanley Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.5.5 Stanley Key News & Latest Developments
    7.6 OSRAM
        7.6.1 OSRAM Company Summary
        7.6.2 OSRAM Business Overview
        7.6.3 OSRAM Automotive LED Lighting Major Product Offerings
        7.6.4 OSRAM Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.6.5 OSRAM Key News & Latest Developments
    7.7 ZKW Group
        7.7.1 ZKW Group Company Summary
        7.7.2 ZKW Group Business Overview
        7.7.3 ZKW Group Automotive LED Lighting Major Product Offerings
        7.7.4 ZKW Group Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.7.5 ZKW Group Key News & Latest Developments
    7.8 Varroc
        7.8.1 Varroc Company Summary
        7.8.2 Varroc Business Overview
        7.8.3 Varroc Automotive LED Lighting Major Product Offerings
        7.8.4 Varroc Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.8.5 Varroc Key News & Latest Developments
    7.9 Car Lighting District
        7.9.1 Car Lighting District Company Summary
        7.9.2 Car Lighting District Business Overview
        7.9.3 Car Lighting District Automotive LED Lighting Major Product Offerings
        7.9.4 Car Lighting District Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.9.5 Car Lighting District Key News & Latest Developments
    7.10 GUANGZHOU LEDO ELECTRONIC
        7.10.1 GUANGZHOU LEDO ELECTRONIC Company Summary
        7.10.2 GUANGZHOU LEDO ELECTRONIC Business Overview
        7.10.3 GUANGZHOU LEDO ELECTRONIC Automotive LED Lighting Major Product Offerings
        7.10.4 GUANGZHOU LEDO ELECTRONIC Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.10.5 GUANGZHOU LEDO ELECTRONIC Key News & Latest Developments
    7.11 CN360
        7.11.1 CN360 Company Summary
        7.11.2 CN360 Automotive LED Lighting Business Overview
        7.11.3 CN360 Automotive LED Lighting Major Product Offerings
        7.11.4 CN360 Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.11.5 CN360 Key News & Latest Developments
    7.12 Easelook
        7.12.1 Easelook Company Summary
        7.12.2 Easelook Automotive LED Lighting Business Overview
        7.12.3 Easelook Automotive LED Lighting Major Product Offerings
        7.12.4 Easelook Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.12.5 Easelook Key News & Latest Developments
    7.13 TUFF PLUS
        7.13.1 TUFF PLUS Company Summary
        7.13.2 TUFF PLUS Automotive LED Lighting Business Overview
        7.13.3 TUFF PLUS Automotive LED Lighting Major Product Offerings
        7.13.4 TUFF PLUS Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.13.5 TUFF PLUS Key News & Latest Developments
    7.14 Dahao Automotive
        7.14.1 Dahao Automotive Company Summary
        7.14.2 Dahao Automotive Business Overview
        7.14.3 Dahao Automotive Automotive LED Lighting Major Product Offerings
        7.14.4 Dahao Automotive Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.14.5 Dahao Automotive Key News & Latest Developments
    7.15 Bymea Lighting
        7.15.1 Bymea Lighting Company Summary
        7.15.2 Bymea Lighting Business Overview
        7.15.3 Bymea Lighting Automotive LED Lighting Major Product Offerings
        7.15.4 Bymea Lighting Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.15.5 Bymea Lighting Key News & Latest Developments
    7.16 Sammoon Lighting
        7.16.1 Sammoon Lighting Company Summary
        7.16.2 Sammoon Lighting Business Overview
        7.16.3 Sammoon Lighting Automotive LED Lighting Major Product Offerings
        7.16.4 Sammoon Lighting Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.16.5 Sammoon Lighting Key News & Latest Developments
    7.17 FSL Autotech
        7.17.1 FSL Autotech Company Summary
        7.17.2 FSL Autotech Business Overview
        7.17.3 FSL Autotech Automotive LED Lighting Major Product Offerings
        7.17.4 FSL Autotech Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.17.5 FSL Autotech Key News & Latest Developments
    7.18 Hoja Lighting
        7.18.1 Hoja Lighting Company Summary
        7.18.2 Hoja Lighting Business Overview
        7.18.3 Hoja Lighting Automotive LED Lighting Major Product Offerings
        7.18.4 Hoja Lighting Automotive LED Lighting Sales and Revenue in Global (2018-2023)
        7.18.5 Hoja Lighting Key News & Latest Developments
8 Global Automotive LED Lighting Production Capacity, Analysis
    8.1 Global Automotive LED Lighting Production Capacity, 2018-2029
    8.2 Automotive LED Lighting Production Capacity of Key Manufacturers in Global Market
    8.3 Global Automotive LED Lighting Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Automotive LED Lighting Supply Chain Analysis
    10.1 Automotive LED Lighting Industry Value Chain
    10.2 Automotive LED Lighting Upstream Market
    10.3 Automotive LED Lighting Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Automotive LED Lighting Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Automotive LED Lighting Market, Global Outlook and Forecast 2023-2029

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