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Vehicles Lighting-Global Market Insights and Sales Trends 2024
Synopsis
The lighting system of vehicles consists of lighting and signaling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle.
The global Vehicles Lighting market size is expected to reach US$ 26790 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Vehicles Lighting in various end use industries. The expanding demands from the Front Light, Rear Combination Light, Fog Lights and Interior Lighting, are propelling Vehicles Lighting market. Xenon 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 Halogen Lights segment is estimated at % CAGR for the next seven-year period.
According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, reaching 97.3 million vehicles and 95.89 million vehicles respectively. In 2018, the global economic expansion period ended, and the global automobile market as a whole declined. By 2022, there will be 81.6 million cars worldwide. 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 accounts for 56% of the world's automobile production, Europe accounts for 20%, and North America accounts for 16%. The world's major automobile producing countries include China, the United States, Japan, South Korea, Germany, India and Mexico. Among them, China is the world's largest automobile producer, accounting for about 32%.
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 Vehicles Lighting, 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 Vehicles Lighting 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 Vehicles Lighting market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vehicles Lighting 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 Vehicles Lighting covered in this report include Koito, Valeo, Hella, Marelli, ZKW Group, Lumax Industries, Varroc, TYC and Xingyu, etc.
The global Vehicles Lighting 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
Valeo
Hella
Marelli
ZKW Group
Lumax Industries
Varroc
TYC
Xingyu
Global Vehicles Lighting 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 Vehicles Lighting market, Segment by Type:
Xenon Lights
Halogen Lights
LED
Other
Global Vehicles Lighting market, by Application
Front Light
Rear Combination Light
Fog Lights
Interior Lighting
Others
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 Vehicles Lighting manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vehicles Lighting 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.
The lighting system of vehicles consists of lighting and signaling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle.
The global Vehicles Lighting market size is expected to reach US$ 26790 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Vehicles Lighting in various end use industries. The expanding demands from the Front Light, Rear Combination Light, Fog Lights and Interior Lighting, are propelling Vehicles Lighting market. Xenon 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 Halogen Lights segment is estimated at % CAGR for the next seven-year period.
According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, reaching 97.3 million vehicles and 95.89 million vehicles respectively. In 2018, the global economic expansion period ended, and the global automobile market as a whole declined. By 2022, there will be 81.6 million cars worldwide. 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 accounts for 56% of the world's automobile production, Europe accounts for 20%, and North America accounts for 16%. The world's major automobile producing countries include China, the United States, Japan, South Korea, Germany, India and Mexico. Among them, China is the world's largest automobile producer, accounting for about 32%.
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 Vehicles Lighting, 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 Vehicles Lighting 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 Vehicles Lighting market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vehicles Lighting 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 Vehicles Lighting covered in this report include Koito, Valeo, Hella, Marelli, ZKW Group, Lumax Industries, Varroc, TYC and Xingyu, etc.
The global Vehicles Lighting 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
Valeo
Hella
Marelli
ZKW Group
Lumax Industries
Varroc
TYC
Xingyu
Global Vehicles Lighting 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 Vehicles Lighting market, Segment by Type:
Xenon Lights
Halogen Lights
LED
Other
Global Vehicles Lighting market, by Application
Front Light
Rear Combination Light
Fog Lights
Interior Lighting
Others
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 Vehicles Lighting manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vehicles Lighting 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 Vehicles Lighting Market Overview
1.1 Vehicles Lighting Product Overview
1.2 Vehicles Lighting Market Segment by Type
1.2.1 Xenon Lights
1.2.2 Halogen Lights
1.2.3 LED
1.2.4 Other
1.3 Global Vehicles Lighting Market Size by Type
1.3.1 Global Vehicles Lighting Market Size Overview by Type (2018-2029)
1.3.2 Global Vehicles Lighting Historic Market Size Review by Type (2018-2023)
1.3.3 Global Vehicles Lighting Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Vehicles Lighting Sales Breakdown by Type (2018-2023)
1.4.2 Europe Vehicles Lighting Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Vehicles Lighting Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Vehicles Lighting Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Vehicles Lighting Sales Breakdown by Type (2018-2023)
2 Global Vehicles Lighting Market Competition by Company
2.1 Global Top Players by Vehicles Lighting Sales (2018-2023)
2.2 Global Top Players by Vehicles Lighting Revenue (2018-2023)
2.3 Global Top Players by Vehicles Lighting Price (2018-2023)
2.4 Global Top Manufacturers Vehicles Lighting Manufacturing Base Distribution, Sales Area, Product Type
2.5 Vehicles Lighting Market Competitive Situation and Trends
2.5.1 Vehicles Lighting Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Vehicles Lighting 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 Vehicles Lighting as of 2022)
2.7 Date of Key Manufacturers Enter into Vehicles Lighting Market
2.8 Key Manufacturers Vehicles Lighting Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Vehicles Lighting Status and Outlook by Region
3.1 Global Vehicles Lighting Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Vehicles Lighting Historic Market Size by Region
3.2.1 Global Vehicles Lighting Sales in Volume by Region (2018-2023)
3.2.2 Global Vehicles Lighting Sales in Value by Region (2018-2023)
3.2.3 Global Vehicles Lighting Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Vehicles Lighting Forecasted Market Size by Region
3.3.1 Global Vehicles Lighting Sales in Volume by Region (2024-2029)
3.3.2 Global Vehicles Lighting Sales in Value by Region (2024-2029)
3.3.3 Global Vehicles Lighting Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Vehicles Lighting by Application
4.1 Vehicles Lighting Market Segment by Application
4.1.1 Front Light
4.1.2 Rear Combination Light
4.1.3 Fog Lights
4.1.4 Interior Lighting
4.1.5 Others
4.2 Global Vehicles Lighting Market Size by Application
4.2.1 Global Vehicles Lighting Market Size Overview by Application (2018-2029)
4.2.2 Global Vehicles Lighting Historic Market Size Review by Application (2018-2023)
4.2.3 Global Vehicles Lighting Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Vehicles Lighting Sales Breakdown by Application (2018-2023)
4.3.2 Europe Vehicles Lighting Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Vehicles Lighting Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Vehicles Lighting Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Vehicles Lighting Sales Breakdown by Application (2018-2023)
5 North America Vehicles Lighting by Country
5.1 North America Vehicles Lighting Historic Market Size by Country
5.1.1 North America Vehicles Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Vehicles Lighting Sales in Volume by Country (2018-2023)
5.1.3 North America Vehicles Lighting Sales in Value by Country (2018-2023)
5.2 North America Vehicles Lighting Forecasted Market Size by Country
5.2.1 North America Vehicles Lighting Sales in Volume by Country (2024-2029)
5.2.2 North America Vehicles Lighting Sales in Value by Country (2024-2029)
6 Europe Vehicles Lighting by Country
6.1 Europe Vehicles Lighting Historic Market Size by Country
6.1.1 Europe Vehicles Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Vehicles Lighting Sales in Volume by Country (2018-2023)
6.1.3 Europe Vehicles Lighting Sales in Value by Country (2018-2023)
6.2 Europe Vehicles Lighting Forecasted Market Size by Country
6.2.1 Europe Vehicles Lighting Sales in Volume by Country (2024-2029)
6.2.2 Europe Vehicles Lighting Sales in Value by Country (2024-2029)
7 Asia-Pacific Vehicles Lighting by Region
7.1 Asia-Pacific Vehicles Lighting Historic Market Size by Region
7.1.1 Asia-Pacific Vehicles Lighting Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Vehicles Lighting Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Vehicles Lighting Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Vehicles Lighting Forecasted Market Size by Region
7.2.1 Asia-Pacific Vehicles Lighting Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Vehicles Lighting Sales in Value by Region (2024-2029)
8 Latin America Vehicles Lighting by Country
8.1 Latin America Vehicles Lighting Historic Market Size by Country
8.1.1 Latin America Vehicles Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Vehicles Lighting Sales in Volume by Country (2018-2023)
8.1.3 Latin America Vehicles Lighting Sales in Value by Country (2018-2023)
8.2 Latin America Vehicles Lighting Forecasted Market Size by Country
8.2.1 Latin America Vehicles Lighting Sales in Volume by Country (2024-2029)
8.2.2 Latin America Vehicles Lighting Sales in Value by Country (2024-2029)
9 Middle East and Africa Vehicles Lighting by Country
9.1 Middle East and Africa Vehicles Lighting Historic Market Size by Country
9.1.1 Middle East and Africa Vehicles Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Vehicles Lighting Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Vehicles Lighting Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Vehicles Lighting Forecasted Market Size by Country
9.2.1 Middle East and Africa Vehicles Lighting Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Vehicles Lighting 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 Vehicles Lighting Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Koito Vehicles Lighting Products Offered
10.1.5 Koito Recent Development
10.2 Valeo
10.2.1 Valeo Company Information
10.2.2 Valeo Introduction and Business Overview
10.2.3 Valeo Vehicles Lighting Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Valeo Vehicles Lighting Products Offered
10.2.5 Valeo Recent Development
10.3 Hella
10.3.1 Hella Company Information
10.3.2 Hella Introduction and Business Overview
10.3.3 Hella Vehicles Lighting Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Hella Vehicles Lighting Products Offered
10.3.5 Hella Recent Development
10.4 Marelli
10.4.1 Marelli Company Information
10.4.2 Marelli Introduction and Business Overview
10.4.3 Marelli Vehicles Lighting Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Marelli Vehicles Lighting Products Offered
10.4.5 Marelli Recent Development
10.5 ZKW Group
10.5.1 ZKW Group Company Information
10.5.2 ZKW Group Introduction and Business Overview
10.5.3 ZKW Group Vehicles Lighting Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ZKW Group Vehicles Lighting Products Offered
10.5.5 ZKW Group Recent Development
10.6 Lumax Industries
10.6.1 Lumax Industries Company Information
10.6.2 Lumax Industries Introduction and Business Overview
10.6.3 Lumax Industries Vehicles Lighting Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lumax Industries Vehicles Lighting Products Offered
10.6.5 Lumax Industries Recent Development
10.7 Varroc
10.7.1 Varroc Company Information
10.7.2 Varroc Introduction and Business Overview
10.7.3 Varroc Vehicles Lighting Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Varroc Vehicles Lighting Products Offered
10.7.5 Varroc Recent Development
10.8 TYC
10.8.1 TYC Company Information
10.8.2 TYC Introduction and Business Overview
10.8.3 TYC Vehicles Lighting Sales, Revenue and Gross Margin (2018-2023)
10.8.4 TYC Vehicles Lighting Products Offered
10.8.5 TYC Recent Development
10.9 Xingyu
10.9.1 Xingyu Company Information
10.9.2 Xingyu Introduction and Business Overview
10.9.3 Xingyu Vehicles Lighting Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Xingyu Vehicles Lighting Products Offered
10.9.5 Xingyu Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Vehicles Lighting 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 Vehicles Lighting Industrial Chain Analysis
11.4 Vehicles Lighting Market Dynamics
11.4.1 Vehicles Lighting Industry Trends
11.4.2 Vehicles Lighting Market Drivers
11.4.3 Vehicles Lighting Market Challenges
11.4.4 Vehicles Lighting Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Vehicles Lighting Distributors
12.3 Vehicles Lighting 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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