Automotive Lighting Market in North America report 2027 | Size, Share, Growth by Business Market Insights

The automotive lighting market in North America is expected to grow from US$ 5.53 Bn in 2018 to US$ 6.84 Bn by the year 2027. This represents a CAGR of 2.5% 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.

Vehicle lighting systems are gaining high traction worldwide. The car manufacturers need to ensure that their products, and ultimately the car parts, comply with various regulations to meet the international standards, which ensures the safety of drivers and passengers. For instance, automotive lightings marketed by HELLA GmbH comply with SAE regulations. The SAE International Lighting Standard Committee is a standardization body that is involved in developing standards for the benefits of drivers and passengers. Recently, the committee has published a standard J3069 for adaptive drive beam (ADB) headlamps, in which LD and LED light sources are used, and the beam is dynamically controlled. Stringent rules and regulations are expected to drive the growth of the automotive lighting market.

Currently, the US is dominating the automotive lighting market in terms of installation, which in turn boosts the demand for the automotive lighting market in the region. The US has a strong automotive sector and is one of the major automotive manufacturing hubs across the world. The company has the presence of a few major automotive manufacturers such as Fiat, Ford, General Motors, and Tesla. Also, some of the world’s largest automotive manufacturers have their manufacturing facilities across different parts of the country. Vehicle production in the US is significantly high, which makes it an attractive market for automotive components and lighting solution suppliers. The figure given below highlights the revenue share of Mexico in the North America automotive lighting market in the forecast period:

Mexico Automotive lighting Market Revenue and Forecasts to 2027 (US$ Mn)

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North America Automotive Lighting Strategic Insights
Strategic insights for the North America Automotive Lighting provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Automotive Lighting Report Scope

Report Attribute	Details
Market size in 2018	US$ 5.53 Billion
Market Size by 2027	US$ 6.84 Billion
Global CAGR (2019 - 2027)	2.5%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Technology Halogen LED Xenon Laser By Application Headlamp Rear Lighting Interior Lighting CHMSL Fog Lamps Small Lamps By Vehicle Type Passenger Cars LCV MCV & HCV
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	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

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North America Automotive Lighting Regional Insights

The geographic scope of the North America Automotive Lighting refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.