Press release
Fact.MR Report: Which factors will Induce a Change in the Demand for Automotive Lighting During the Assessment period?
"Automotive OEMs are displaying higher interest in LED lights, driven by demand for lower power consumption and durability. Improvements in high-quality LED and OLED technology, and steady decline of costs will favor market development in the years ahead," says the Fact.MR report.
Request a sample of the report to gain more market insights at: https://www.factmr.com/connectus/sample?flag=S&rep_id=4795
Automotive Lighting Market - Key Takeaways
High-intensity discharge lamps are likely to gain traction in niche automotive sectors for cheap, ultra-high brightness applications.
Adaptive headlights are a fast-growing segment, developed for superior visibility in low-light settings.
Europe is expected to display high growth, supported by the presence of major automotive OEMs in addition to environment regulations that bolster integration of LED fixtures.
Automotive Lighting Market - Driving Factors
Implementation of strict regulations associated to road and driver safety is a key contributor to industry growth.
The trend of premiumization, coupled with tech advances in artificial intelligence is generating lucrative growth opportunities for market players.
Automotive Lighting Market - Constraints
High tariffs arising from the US-China trade war continue to impact supplies in the automotive lighting industry.
High expenses associated with the development of new lighting technologies hinders market prospects.
Anticipated Market Impact by Coronavirus Outbreak
Companies in the automotive lighting industry are in a vulnerable position owing to the coronavirus crisis. Heavy reliance on Chinese factories for materials and parts, and the massive impact of the outbreak on the country has hurt inventories among OEM and aftermarket players. Also, suspension of vehicle production in multiple countries will reduce the demand for auto lighting. Financial aid from governments will remain essential for the survival of small and medium scale enterprises in the industry.
Explore the global automotive lighting market with 173 figures, 140 data tables, along with the table of contents of the report. You can also find detailed segmentation on https://www.factmr.com/connectus/sample?flag=RM&rep_id=4795
Competition Landscape
Major developers in the automotive lighting market include but are not limited to Robert Bosch GmbH, Hella KGaA Hueck & Co., LG Electronics, Valeo S.A., Hyundai Mobis, Magneti Marelli, Stanley Electric Co Ltd., and Koito Manufacturing Co.
Leading players in the automotive lighting market are largely interested in the development and launch of new products along with the integration of new technologies for performance improvements in compliance with local regulations.
For instance, Audi has unveiled new OLED technology for the 2020 Q5, which features infinite dimmability, high contrast and multiple segments. Seoul-based LG Innotek has launched Nexlide-HD, a 3D flexible LED lighting fixture for cars for lighting in 5 directions. Further, ROHM Semiconductor has announced the development of an ultra-compact linear LED driver integrated circuit to provide stable lighting, in cases of voltage drops in chip-based lighting fixtures.
For Comprehensive Insights Ask An Analyst Here: https://www.factmr.com/connectus/sample?flag=AE&rep_id=4795
More on the Report
The FACT.MR's market research report provides in-depth insights on automotive lightings market. The market is scrutinized according to application (front headlights, fog lights, rear lights, side lights, and interior lights), vehicle type (passenger cars, LCVs, HCVs, electric vehicles, and two-wheelers), light source (halogen, LEDs, and Xenon) and sales channel (OEM and aftermarket), across seven key regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa).
Press Release: https://www.factmr.com/media-release/1564/global-automotive-lighting-market
Contact Us
Fact.MR
Unit No: AU-01-H
Gold Tower (AU)
Plot No: JLT-PH1-I3A
Jumeirah Lakes Towers, Dubai
United Arab Emirates
Contact: +353-1-6111-593
Website : https://www.factmr.com
About Us:
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fact.MR Report: Which factors will Induce a Change in the Demand for Automotive Lighting During the Assessment period? here
News-ID: 2234325 • Views: …
More Releases from Fact.MR
Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C …
The global insulated drinkware market was valued at US$ 1.39 billion in 2023 and is forecasted to expand at a 6.3% CAGR over the next ten years. Worldwide sales of insulated drinkware are projected to reach US$ 2.57 billion by 2033-end.This robust growth is driven by increasing consumer awareness of sustainability, rising participation in outdoor activities, and the growing demand for reusable, eco-friendly products amid bans on single-use plastics.
The market…
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world…
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a…
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
