Asia Pacific Automotive Lighting Market to 2027 - Regional Analysis and Forecasts by Technology (Halogen, LED, Xenon, and Laser); Application (Headlamp, Rear Lighting, Interior Lighting, CHMSL, Fog Lamps, and Small Lamps); Vehicle Type (Passenger Cars, LCV, and MCV & HCV)
The automotive lighting market in Asia-Pacific is expected to grow from US$ 16.77 Bn in 2018 to US$ 23.30 Bn by the year 2027. This represents a CAGR of 3.9% from the year 2019 to 2027.
The vehicle lighting system is capturing a significant share in the automotive industry. The modern automotive lighting is a new trend. Factors such as increasing technological advances in lighting, continuous increase in the production of the automotive, stringent environment of rules & standards are some of the factors which contribute heavily towards the growth of the market. The automotive light also improves the performance and security of both driver and passenger while providing a complex design to suit the appearance of a premium car. The device of automotive lighting, such as headlamps, is becoming complex, and thus, they need specific testing equipment to combine them with innovative technologies in a consistent manner. In this market, OSRAM, Valeo, Philips are some of the big players who provide a broad array of automotive lighting products.
Use of laser light for headlight, Flexible OLEDs for vehicle lighting, and bend lighting headlamps with LED are few trends that are anticipated to nurture the growth of the market further. The LED technology has provided automotive manufacturers an opportunity to differentiate their vehicles through unique functionalities and innovative lighting design. LEDs are gaining popularity drastically as their cost lowers, package size, and luminance improves.
Currently, China is dominating the automotive lighting market in terms of installation, which in turn boosts the demand for the automotive lighting market in the region. China is the largest automotive manufacturing country across the world, and the country produced 27,809,196 vehicles in 2018. The country houses a few major automotive manufacturers such as SAIC Motor, Dongfeng, FAW, and Chang'an. Also, a few western automakers are focusing on expanding in China to cater to a broader set of audiences. For instance, French supplier Valeo, expanded its tech center in central China to strengthen its development capability. Also, regional players are focusing on developing an efficient lighting solution to achieve a strong market position. Therefore, a strong automotive sector and an increasing focus of western automakers toward expansion to the country are the major factors that are expected to drive the growth of the automotive lighting market in the country. The figure given below highlights the revenue share of Rest of Asia-Pacific in the Asia-Pacific automotive lighting market in the forecast period:
Rest of Asia-Pacific Automotive Lighting Market Revenue and Forecasts to 2027 (US$ Mn)
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ASIA-PACIFIC AUTOMOTIVE LIGHTING MARKET - SEGMENTATION
Asia-Pacific Automotive Lighting Market - By Service
- Halogen
- LED
- Xenon
- Laser
Asia-Pacific Automotive Lighting Market - By Application
- Headlamp
- Rear Lighting
- Interior Lighting
- CHMSL
- Small Lamps (DRL & Sidelights)
- Fog Lamps
Asia-Pacific Automotive Lighting Market - By Vehicle Type
- Passenger Car
- LCV
- MCV & HCV
Asia-Pacific Automotive Lighting Market - By Country
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Asia-Pacific Automotive Lighting Market - Companies Mentioned
- Automotive Lighting LLC
- Hella GmbH & Co. KGaA
- Koito Manufacturing Co., Ltd.
- Lumileds Holding BV
- Osram Continental GmbH
- SL Corporation
- Stanley Electric Co. Ltd.
- Tungsram
- Valeo SA
- Varroc Group
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Automotive Lighting - Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
5. North America Automotive Lighting Market – Market Dynamics
5.1 Drivers
5.1.1 Rules and regulations regarding the automotive lighting is expected to drive the market
5.2 Restraints
5.2.1 High cost of LED lighting solutions might hinder the growth of market
5.3 Opportunities
5.3.1 Increasing adoption of LED exterior lighting solutions
5.4 Future Trends
5.4.1 Growing popularity of laser headlamps among automotive OEMs
5.5 Impact Analysis of Drivers and Restraints
6. Automotive lighting Market – North America Market Analysis
6.1 North America Automotive lighting Market Overview
6.2 North America Automotive lighting Market Forecast and Analysis
7. North America Automotive Lighting Market Analysis – By Technology
7.1 Overview
7.2 Automotive Lighting Market Breakdown, By Technology, 2018 and 2027
7.3 Halogen
7.3.1 Overview
7.3.2 Halogen Market, Revenue and Forecast to 2027 (US$ Mn)
7.4 LED
7.4.1 Overview
7.4.2 LED Market, Revenue and Forecast to 2027 (US$ Mn)
7.5 Xenon
7.5.1 Overview
7.5.2 Xenon Market, Revenue and Forecast to 2027 (US$ Mn)
7.6 Laser
7.6.1 Overview
7.6.2 Laser Market, Revenue and Forecast to 2027 (US$ Mn)
8. North America Automotive Lighting Market Analysis – By Application
8.1 Overview
8.2 Automotive Lighting Market Breakdown, by Application, 2018 and 2027
8.3 Headlamp
8.3.1 Overview
8.3.2 Headlamp Market, Revenue and Forecast to 2027 (US$ Mn)
8.4 Small Lamps
8.4.1 Overview
8.4.2 Small Lamps Market, Revenue and Forecast to 2027 (US$ Mn)
8.5 Rear Lighting
8.5.1 Overview
8.5.2 Rear Lighting Market, Revenue and Forecast to 2027 (US$ Mn)
8.6 Fog Lamps
8.6.1 Overview
8.6.2 Fog Lamps Market, Revenue and Forecast to 2027 (US$ Mn)
8.7 CHMSL
8.7.1 Overview
8.7.2 CHMSL Market, Revenue and Forecast to 2027 (US$ Mn)
8.8 Interior Light
8.8.1 Overview
8.8.2 Interior Light Market, Revenue and Forecast to 2027 (US$ Mn)
9. North America Automotive Lighting Market Analysis– By Vehicle Type
9.1 Overview
9.2 North America Automotive Lighting Market Breakdown, by Vehicle Type, 2018 and 2027
9.3 Passenger Car
9.3.1 Overview
9.3.2 Passenger Car Market, Revenue and Forecast to 2027(US$ Mn)
9.4 LCV
9.4.1 Overview
9.4.2 LCV Market, Revenue and Forecast to 2027(US$ Mn)
9.5 MCV & HCV
9.5.1 Overview
9.5.2 MCV & HCV Market, Revenue and Forecast to 2027(US$ Mn)
10. North America Automotive Lighting Market – Country Analysis
10.1.1 North America Automotive Lighting Market Breakdown, by Country
10.1.1.1 US Automotive Lighting Market Revenue and Forecast to 2027 (US$ MN)
10.1.1.1.1 US Automotive Lighting Market Breakdown, by Technology
10.1.1.1.2 US Automotive Lighting Market Breakdown, by Application
10.1.1.1.3 US Automotive Lighting Market Breakdown, by Vehicle type
10.1.1.2 Canada Automotive Lighting Market Revenue and Forecast to 2027 (US$ MN)
10.1.1.2.1 Canada Automotive Lighting Market Breakdown, by Technology
10.1.1.2.2 Canada Automotive Lighting Market Breakdown, by Application
10.1.1.2.3 Canada Automotive Lighting Market Breakdown, by Vehicle type
10.1.1.3 Mexico Automotive Lighting Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.3.1 Mexico Automotive Lighting Market Breakdown, by Technology
10.1.1.3.2 Mexico Automotive Lighting Market Breakdown, by Application
10.1.1.3.3 Mexico Automotive Lighting Market Breakdown, by Vehicle type
11. Industry Landscape
11.1 Market Initiative
11.2 New Development
11.3 Merger & Acquisition
12. Company Profiles
12.1 Automotive Lighting LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 HELLA GmbH & Co. KGaA
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Koito Manufacturing Co., Ltd.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Lumileds Holding B.V.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 OSRAM Continental GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 SL Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Stanley Electric Co., Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Tungsram
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Valeo SA
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Varroc Group
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. North America Automotive lighting Market Revenue and Forecast to 2027 (US$ Mn)
Table 2. North America Automotive Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 3. North America Automotive Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 4. North America Automotive Lighting Market Revenue and Forecast to 2027 – By Vehicle type (US$ Mn)
Table 5. US Automotive Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 6. US Automotive Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 7. US Automotive Lighting Market Revenue and Forecast to 2027 – By Vehicle type (US$ Mn)
Table 8. Canada Automotive Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 9. Canada Automotive Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 10. Canada Automotive Lighting Market Revenue and Forecast to 2027 – By Vehicle type (US$ Mn)
Table 11. Mexico Automotive Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 12. Mexico Automotive Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 13. Mexico Automotive Lighting Market Revenue and Forecast to 2027 – By Vehicle type (US$ Mn)
Table 14. Glossary of Terms, Automotive Lighting Market
LIST OF FIGURES
Figure 1. North America Automotive Lighting Market Segmentation
Figure 2. North America Automotive Lighting Market Segmentation – By Country
Figure 3. North America Automotive Lighting Market Overview
Figure 4. North America Automotive Lighting Market – By Technology
Figure 5. North America Automotive Lighting Market – By Application
Figure 6. North America Automotive Lighting Market – By Vehicle Type
Figure 7. Automotive Intelligent Lighting Market Ecosystem Analysis
Figure 8. Automotive Lighting – Porter’s Five Forces Analysis
Figure 9. Impact Analysis of Drivers and Restraints – Automotive Lighting Market
Figure 10. North America Automotive lighting Market Forecast and Analysis, (US$ Mn)
Figure 11. North America Automotive Lighting Market Breakdown, by Technology, 2018 and 2027 (%)
Figure 12. North America Halogen Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 13. North America LED Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 14. North America Xenon Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 15. North America Laser Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 16. North America Automotive Lighting Market Breakdown, by Application, 2018 and 2027 (%)
Figure 17. North America Headlamp Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 18. Small Lamps Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 19. North America Rear Lighting Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 20. North America Fog Lamps Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 21. North America CHMSL Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 22. North America Interior Light Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 23. North America Automotive Lighting Market Breakdown, by Vehicle Type, 2018 and 2027 (%)
Figure 24. North America Passenger Car Market, Revenue and Forecast to 2027(US$ Mn)
Figure 25. LCV Market, Revenue and Forecast to 2027(US$ Mn)
Figure 26. North America MCV & HCV Market, Revenue and Forecast to 2027(US$ Mn)
Figure 27. North America Automotive Lighting Market Breakdown, by Country, 2018 & 2027(%)
Figure 28. US Automotive Lighting market Revenue and Forecast to 2027 (US$ MN)
Figure 29. Canada Automotive Lighting Market Revenue and Forecast to 2027 (US$ MN)
Figure 30. Mexico Automotive Lighting Market Revenue and Forecast to 2027 (US$ MN)
The List of Companies - Asia Pacific Automotive Lighting Market
- Automotive Lighting LLC
- Hella GmbH & Co. KGaA
- Koito Manufacturing Co., Ltd.
- Lumileds Holding BV
- Osram Continental GmbH
- SL Corporation
- Stanley Electric Co. Ltd.
- Tungsram
- Valeo SA
- Varroc Group
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia-Pacific automotive lighting market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia-Pacific automotive lighting market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Asia-Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.