Introduction:

An LED light bulb or LED lamp is an electric light that produces light using light-emitting diodes (LEDs).  It is highly energy efficient requires less heat, lighter, lower cost. And uses less electricity for the same light output – 85% less electricity as compared to regular lighting. LED light releases energy in the form of light when activated. They are more efficient, power saving and durable than halogen or xenon light. They offer various other advantages over other lights such as less CO2 emission and long-lasting life. An automotive LED light plays an important role in modern automobiles. They are used as headlights over the xenon and halogen light. There are various advantages of using LED lights than conventional lights such as long life, productivity, protect from temperature etc. For instance, incandescent light bulbs were built to last around 1,000 hours, and LED lights have been tested to last as long as 100,000 hours. The automotive LED lighting market accounted for US$ 26.43 billion in 2020 and is estimated to be US$ 44.12 billion by 2030 and is anticipated to register a CAGR of 5.3%.

Rising adoption of LED Lighting

Increasing adoption of LED lighting rather than conventional lighting is the main factor which boost the growth of the lighting market. Rising benefits of LEDs and usage in designing houses, offices etc. had also propelled the growth of the target market. Increment in the application of LED lights in end user industries such as automotive is the key factor driving the growth of the LED lighting market. An automotive LED light plays an important role in modern automobiles. They are used as headlights over the xenon and halogen light. Growth in automobile industry across the globe has raised the growth of automotive LED lighting system. Moreover, strict government regulation and policies regarding the use of xenon and halogen automotive lights has led to boost growth of the automotive LED lighting market globally. The key trend driving growth of the automotive LED lighting market is innovation and development in LED technology.

However, some disadvantages of LED lighting such as little effective in wide-area, causes backward heat dissipation etc. is expected to hamper the growth of the target market.

The automotive LED lighting market is segmented based on vehicle type, sales channel application, and region.

On the basis of vehicle type, the automotive LED lighting market is segmented into passenger cars and commercial cars. Based on sales channel, the target market is segmented into OEM and Aftermarket.  On the basis of application, the target market is segmented into exterior lighting and interior lighting.

Regional Insights:

The automotive LED lighting market accounted for US$ 26.43 billion in 2020 and is estimated to be US$ 44.12 billion by 2030 and is anticipated to register a CAGR of 5.3%. On region the automotive LED lighting market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is dominating the global LED lighting market in terms of revenue owing to rising adoption of LEDs in automobile sector, and other applications is the main factor which boost the growth of the target market in this region. Europe and North America is projected to account major share in this specific market due to surge in infrastructure activities and increasing government regulation of saving energy

Report Scope:

Attribute	Details
Base year for estimation	2020
Forecast period	2020 – 2030
Market representation	Revenue in USD Billion & CAGR from 2020 – 2030
Market Segmentation	By Vehicle Type- Passenger Cars and Commercial Cars By Sales Channel– OEM and Aftermarket By Application– Exterior Lighting and Interior Lighting
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the automotive LED lighting market report based on vehicle type, sales channel, application, and region.

Automotive LED Lighting Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating in the automotive LED lighting market includes Philips Lighting Holding B.V., General Electric Company, OSRAM Licht AG, Cree, Inc., Cooper Industries, Inc., Virtual Extension, Dialight PLC, Zumtobel Group AG, Samsung Electronics, and Sharp Corporation

Orient Electric:

They have announced the launch of its emergency LED lights solutions which provide backup lighting for up to 4 hours during a power outage. It products includes LED Bulbs, LED Batten, LED Recess Panel, and Bulkhead.

• Philips Lighting Holding B.V.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• General Electric Company
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• OSRAM Licht AG
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Cree, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Cooper Industries, Inc
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Virtual Extension
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Dialight PLC
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Zumtobel Group AG
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Samsung Electronics
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Sharp Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years Considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     • Primary Interviews
     • Primary Breakdown
     • Key data from Primary Sources
     • Key Thickness Insights
   • Secondary Data
     • Major Secondary Sources
     • Secondary Sources
   • Market Estimation
   • Top-Down Approach
     • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     • Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
3. Market Preview
   • Executive Summary
   • Key Findings—Global Outlook for Automotive Interior Ambient Lighting Strategies
     • Key Questions this Study will Answer
     • Market Snippet, By Vehicle Type
     • Market Snippet, By Application
     • Market Snippet, By Region
   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
     • Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. Market Segmentation, By Vehicle Type 2020 – 2030, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Passenger Cars
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
   • Commercial Vehicles
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
   • Electric Vehicle
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
6. Market Segmentation, By Application 2020 – 2030, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Dashboard
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
   • Doors
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
   • Footwell
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
   • Center Console
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
   • Others
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
7. Global Market, By Region, 2020 – 2030, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Regional Trends
   • North America
     • Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
       • U.S.
       • Canada
   • Europe
     • Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
     •  
       • UK
       • France
       • Germany
       • Russia
       • Italy
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
       • India
       • Japan
       • South Korea
       • China
       • Rest of Asia Pacific
   • Latin America
     • Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
       • Brazil
       • Mexico
       • Rest of Latin America
   • Middle East & Africa
     • Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
       • GCC
       • Israel
       • South Africa
       • Rest of Middle East
8. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
9. Company Profiles

• OSRAM Licht AG
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• HELLA GmbH & Co. KGaA
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Valeo S.A
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• DRÄXLMAIER Group
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Grupo Antolin
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Koito Manufacturing Co., Ltd
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Koninklijke Philips N.V
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Magneti Marelli S.p.A
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Zizala Lichtsysteme GmbH
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• SCHOTT AG.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

1. The Last Word
   • Future Impact
   • About Us
   • Contact