0

Automotive LED Lighting Market by Type, Application, and Geography - Forecast and Analysis 2020-2024

  • Published: Dec 2020
  • Pages: 120
  • SKU: IRTNTR45920
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The automotive led lighting market size is expected to grow by $ 1.29 bn and record a CAGR of 4% during 2020-2024.

This post-pandemic global automotive led lighting market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this automotive led lighting market analysis report, key drivers such as growing popularity of ambient lighting have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as rising prices of raw materials, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Automotive LED Lighting Market Size be in 2020?

Automotive-LED-Lighting-Market-Market-Size-2019-2024

Browse TOC and LoE with selected illustrations and example pages of Automotive LED Lighting Market

 Get Your FREE Sample Now!

Who are the Key Vendors in the Automotive LED Lighting Market?

The automotive led lighting market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies includng:

  • HELLA GmbH & Co. KGaA
  • Hyundai Mobis Co. Ltd.
  • Koito Manufacturing Co. Ltd.
  • LG Electronics Inc.
  • Magna International Inc.
  • Marelli Holdings Co. Ltd.
  • OSRAM GmbH
  • Stanley Electric Co. Ltd.
  • Valeo SA
  • Varroc Engineering Ltd.

The automotive led lighting market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This automotive led lighting market report further entails segmentations by Type (Passenger cars and Commercial vehicles), Application (Exterior lighting and Interior lighting), and Geography (APAC, Europe, North America, South America, and MEA). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Automotive LED Lighting Market?

Automotive-LED-Lighting-Market-Market-Share-by-Region-2019-2024

For more insights on the market share of various regions Request for a FREE sample now!

The report offers an up-to-date analysis of the geographical composition of the market. APAC had the largest market share in the automotive led lighting market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The development of hybrid led headlights will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

64% of the market’s growth will originate from APAC during the forecast period. China, US, Germany, Japan, South Korea (Republic of Korea), and Spain are the key markets for automotive led lighting market in the region. This report provides estimations of the contribution of all regions to the growth of the automotive led lighting market size.

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this Automotive LED Lighting Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive automotive led lighting market growth during the next five years
  • Precise estimation of the automotive led lighting market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive led lighting market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive led lighting market vendors

Need a Customized Report? Get in touch

Automotive LED Lighting Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2020-2024

$ 1.29 billion

Market structure

Fragmented

YoY growth (%)

-14.57

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 64%

Key consumer countries

China, US, Germany, Japan, South Korea (Republic of Korea), and Spain

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

HELLA GmbH & Co. KGaA, Hyundai Mobis Co. Ltd., Koito Manufacturing Co. Ltd., LG Electronics Inc., Magna International Inc., Marelli Holdings Co. Ltd., OSRAM GmbH, Stanley Electric Co. Ltd., Valeo SA, and Varroc Engineering Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Read More Read Less

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019-2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Exterior lighting - Market size and forecast 2019-2024
    • Interior lighting - Market size and forecast 2019-2024
    • Market opportunity by Application

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Passenger cars - Market size and forecast 2019-2024
    • Commercial vehicles - Market size and forecast 2019-2024
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • North America - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • HELLA GmbH & Co. KGaA
      • Hyundai Mobis Co. Ltd.
      • Koito Manufacturing Co. Ltd.
      • LG Electronics Inc.
      • Magna International Inc.
      • Marelli Holdings Co. Ltd.
      • OSRAM GmbH
      • Stanley Electric Co. Ltd.
      • Valeo SA
      • Varroc Engineering Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The automotive led lighting market growth will increase by $1286.25 million during 2019-2024.
      The automotive led lighting market is expected to grow at a CAGR of 3.70% during 2019-2024.
      Technavio has segmented the automotive led lighting market by type (Passenger cars and Commercial vehicles) ,application (Exterior lighting and Interior lighting) , and geographic (APAC, Europe, North America, South America, and MEA).
      HELLA GmbH & Co. KGaA, Hyundai Mobis Co. Ltd., Koito Manufacturing Co. Ltd., LG Electronics Inc., Magna International Inc., Marelli Holdings Co. Ltd., OSRAM GmbH, Stanley Electric Co. Ltd., Valeo SA, Varroc Engineering Ltd. are a few of the key vendors in the automotive led lighting market.
      APAC will register the highest growth rate of 64.46% among the other regions. Therefore, the automotive led lighting market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • US
      • Germany
      • Japan
      • South Korea (Republic of Korea)
      • Spain
      The key factors driving the automotive led lighting market growth are:
      • Use of LEDs in automotive intelligent lighting system applications
      • Development of hybrid LED headlights
      The automotive led lighting market vendors should focus on grabbing business opportunities from the passenger cars segment as it accounted for the largest market share in the base year.
      Safe and Secure SSL Encrypted
      Technavio

      Single User:

      2500 USD

      Technavio Get the report (PDF) sent to your email within minutes.

      Subscribe & Save

      Get lifetime access to our
      Technavio Insights

      Want to customize this report?

      This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

      We offer $1000 worth of FREE customization at the time of purchase
      Technavio
      Enquire Before Buying
      1. Home
      2. Consumer Discretionary
      3. Published Report
      17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>