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Automotive LED Lights-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Automotive LED Lights market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive LED Lights in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Automotive LED Lights market. Exterior LED Lights, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Interior LED Lights segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive LED Lights, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive LED Lights market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive LED Lights market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive LED Lights sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive LED Lights covered in this report include Koito, Hella, Valeo, Magneti Marelli, Stanley, ZKW Group, Varroc, SL Corporation and Ichikoh, etc.
The global Automotive LED Lights market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Koito
Hella
Valeo
Magneti Marelli
Stanley
ZKW Group
Varroc
SL Corporation
Ichikoh
DEPO
Imasen
Farba
Global Automotive LED Lights market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive LED Lights market, Segment by Type:
Exterior LED Lights
Interior LED Lights
Global Automotive LED Lights market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive LED Lights manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive LED Lights in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Automotive LED Lights market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive LED Lights in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Automotive LED Lights market. Exterior LED Lights, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Interior LED Lights segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive LED Lights, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive LED Lights market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive LED Lights market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive LED Lights sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive LED Lights covered in this report include Koito, Hella, Valeo, Magneti Marelli, Stanley, ZKW Group, Varroc, SL Corporation and Ichikoh, etc.
The global Automotive LED Lights market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Koito
Hella
Valeo
Magneti Marelli
Stanley
ZKW Group
Varroc
SL Corporation
Ichikoh
DEPO
Imasen
Farba
Global Automotive LED Lights market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive LED Lights market, Segment by Type:
Exterior LED Lights
Interior LED Lights
Global Automotive LED Lights market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive LED Lights manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive LED Lights in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive LED Lights Market Overview
1.1 Automotive LED Lights Product Overview
1.2 Automotive LED Lights Market Segment by Type
1.2.1 Exterior LED Lights
1.2.2 Interior LED Lights
1.3 Global Automotive LED Lights Market Size by Type
1.3.1 Global Automotive LED Lights Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive LED Lights Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive LED Lights Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive LED Lights Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive LED Lights Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive LED Lights Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive LED Lights Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive LED Lights Sales Breakdown by Type (2018-2023)
2 Global Automotive LED Lights Market Competition by Company
2.1 Global Top Players by Automotive LED Lights Sales (2018-2023)
2.2 Global Top Players by Automotive LED Lights Revenue (2018-2023)
2.3 Global Top Players by Automotive LED Lights Price (2018-2023)
2.4 Global Top Manufacturers Automotive LED Lights Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive LED Lights Market Competitive Situation and Trends
2.5.1 Automotive LED Lights Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive LED Lights Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive LED Lights as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive LED Lights Market
2.8 Key Manufacturers Automotive LED Lights Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive LED Lights Status and Outlook by Region
3.1 Global Automotive LED Lights Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive LED Lights Historic Market Size by Region
3.2.1 Global Automotive LED Lights Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive LED Lights Sales in Value by Region (2018-2023)
3.2.3 Global Automotive LED Lights Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive LED Lights Forecasted Market Size by Region
3.3.1 Global Automotive LED Lights Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive LED Lights Sales in Value by Region (2024-2029)
3.3.3 Global Automotive LED Lights Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive LED Lights by Application
4.1 Automotive LED Lights Market Segment by Application
4.1.1 Passenger Car
4.1.2 Commercial Vehicle
4.2 Global Automotive LED Lights Market Size by Application
4.2.1 Global Automotive LED Lights Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive LED Lights Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive LED Lights Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive LED Lights Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive LED Lights Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive LED Lights Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive LED Lights Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive LED Lights Sales Breakdown by Application (2018-2023)
5 North America Automotive LED Lights by Country
5.1 North America Automotive LED Lights Historic Market Size by Country
5.1.1 North America Automotive LED Lights Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive LED Lights Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive LED Lights Sales in Value by Country (2018-2023)
5.2 North America Automotive LED Lights Forecasted Market Size by Country
5.2.1 North America Automotive LED Lights Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive LED Lights Sales in Value by Country (2024-2029)
6 Europe Automotive LED Lights by Country
6.1 Europe Automotive LED Lights Historic Market Size by Country
6.1.1 Europe Automotive LED Lights Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive LED Lights Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive LED Lights Sales in Value by Country (2018-2023)
6.2 Europe Automotive LED Lights Forecasted Market Size by Country
6.2.1 Europe Automotive LED Lights Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive LED Lights Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive LED Lights by Region
7.1 Asia-Pacific Automotive LED Lights Historic Market Size by Region
7.1.1 Asia-Pacific Automotive LED Lights Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive LED Lights Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive LED Lights Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive LED Lights Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive LED Lights Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive LED Lights Sales in Value by Region (2024-2029)
8 Latin America Automotive LED Lights by Country
8.1 Latin America Automotive LED Lights Historic Market Size by Country
8.1.1 Latin America Automotive LED Lights Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive LED Lights Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive LED Lights Sales in Value by Country (2018-2023)
8.2 Latin America Automotive LED Lights Forecasted Market Size by Country
8.2.1 Latin America Automotive LED Lights Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive LED Lights Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive LED Lights by Country
9.1 Middle East and Africa Automotive LED Lights Historic Market Size by Country
9.1.1 Middle East and Africa Automotive LED Lights Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive LED Lights Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive LED Lights Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive LED Lights Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive LED Lights Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive LED Lights Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Koito
10.1.1 Koito Company Information
10.1.2 Koito Introduction and Business Overview
10.1.3 Koito Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Koito Automotive LED Lights Products Offered
10.1.5 Koito Recent Development
10.2 Hella
10.2.1 Hella Company Information
10.2.2 Hella Introduction and Business Overview
10.2.3 Hella Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hella Automotive LED Lights Products Offered
10.2.5 Hella Recent Development
10.3 Valeo
10.3.1 Valeo Company Information
10.3.2 Valeo Introduction and Business Overview
10.3.3 Valeo Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Valeo Automotive LED Lights Products Offered
10.3.5 Valeo Recent Development
10.4 Magneti Marelli
10.4.1 Magneti Marelli Company Information
10.4.2 Magneti Marelli Introduction and Business Overview
10.4.3 Magneti Marelli Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Magneti Marelli Automotive LED Lights Products Offered
10.4.5 Magneti Marelli Recent Development
10.5 Stanley
10.5.1 Stanley Company Information
10.5.2 Stanley Introduction and Business Overview
10.5.3 Stanley Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Stanley Automotive LED Lights Products Offered
10.5.5 Stanley Recent Development
10.6 ZKW Group
10.6.1 ZKW Group Company Information
10.6.2 ZKW Group Introduction and Business Overview
10.6.3 ZKW Group Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.6.4 ZKW Group Automotive LED Lights Products Offered
10.6.5 ZKW Group Recent Development
10.7 Varroc
10.7.1 Varroc Company Information
10.7.2 Varroc Introduction and Business Overview
10.7.3 Varroc Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Varroc Automotive LED Lights Products Offered
10.7.5 Varroc Recent Development
10.8 SL Corporation
10.8.1 SL Corporation Company Information
10.8.2 SL Corporation Introduction and Business Overview
10.8.3 SL Corporation Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.8.4 SL Corporation Automotive LED Lights Products Offered
10.8.5 SL Corporation Recent Development
10.9 Ichikoh
10.9.1 Ichikoh Company Information
10.9.2 Ichikoh Introduction and Business Overview
10.9.3 Ichikoh Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Ichikoh Automotive LED Lights Products Offered
10.9.5 Ichikoh Recent Development
10.10 DEPO
10.10.1 DEPO Company Information
10.10.2 DEPO Introduction and Business Overview
10.10.3 DEPO Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.10.4 DEPO Automotive LED Lights Products Offered
10.10.5 DEPO Recent Development
10.11 Imasen
10.11.1 Imasen Company Information
10.11.2 Imasen Introduction and Business Overview
10.11.3 Imasen Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Imasen Automotive LED Lights Products Offered
10.11.5 Imasen Recent Development
10.12 Farba
10.12.1 Farba Company Information
10.12.2 Farba Introduction and Business Overview
10.12.3 Farba Automotive LED Lights Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Farba Automotive LED Lights Products Offered
10.12.5 Farba Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive LED Lights Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive LED Lights Industrial Chain Analysis
11.4 Automotive LED Lights Market Dynamics
11.4.1 Automotive LED Lights Industry Trends
11.4.2 Automotive LED Lights Market Drivers
11.4.3 Automotive LED Lights Market Challenges
11.4.4 Automotive LED Lights Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive LED Lights Distributors
12.3 Automotive LED Lights Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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