Learn about the global Automotive Lighting market through The Business Research Company, which provides information on automotive lighting market size, automotive lighting market drivers and restraints, automotive lighting market players, the COVID-19 impact on the automotive lighting market, and more.

The global automotive lighting market size is expected to grow from $11.96 billion in 2021 to $25.77 billion in 2022 at a compound annual growth rate (CAGR) of 12.2%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The automotive lighting market is expected to reach $39.03 billion in 2026 at a CAGR of 10.9%.

During the forecast period, a growing emphasis on road safety will contribute to the growth of automotive lighting market.

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The automotive lighting market consists of sales of automotive lighting and related services. Automotive lighting and signalling devices are mounted on the front, rear, sides, and in some cases the top of a motor vehicle. The lighting system also makes the vehicle more visible especially in low light conditions.

Global Automotive Lighting Market Segments Include:

By Vehicle Type: Passenger Vehicle, Commercial Vehicle

By Technology: Halogen, Xenon/HID (High-intensity Discharge Lamp), LED (Light Emitting Diode)

By Application: Front/Headlamps, Rear Lighting, Side, Interior Lighting

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the automotive lighting market in 2021.

Companies in the automotive lighting market are investing heavily to develop fog-free lamps. This automotive lighting resolves fog issues and also fulfil requirements such temperature, humidity and vibration that were challenging earlier.

TBRC’s automotive lighting market report covers:

Major Market Players: Hella, Koito Manufacturing Co. Ltd., Osram Licht AG, Koninklijke Philips N.V., Magnetti Marelli, Grupo Antolin, Flex Automotive GmbH, Lumax Industries Limited, Valeo Lighting Systems, and Bosch Lighting Technology

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Automotive Lighting Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides automotive lighting market overviews, analyzes and forecasts market size, share, automotive lighting market players, automotive lighting market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s automotive lighting market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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