Press release
Automotive Lighting Market to Witness Robust Expansion by 2029
The global automotive lighting market is anticipated to grow at a CAGR of 10.1% during the forecast period. The increasing adoption of advanced light in vehicles is expected to drive the automotive lighting market during the forecast period. The key players are focusing on developing and installing advanced lighting to improve the visibility, appearance, and experience of consumers. For instance, in May 2022, Hella Inc. introduced the Slim Light System, the next generation of ambient vehicle lighting. Slim Light System enables the integration of additional safety functions and supports communication between occupants and vehicles. The system can indirectly set the scene for the interior and also enable wide-area lighting, such as in the door. It can be embedded between several layers, not exceeding a thickness of 8 millimeters. Depending on customer requirements, the system can be combined with different surface materials and designs and up to four LED modules can be coupled into the system. In addition to a complete palette of individual colors, this also enables dynamic lighting scenarios within the surface.Moreover, in June 2021, Hella Inc. launched S-series work lamps for agricultural machinery, construction machinery, forklifts, trucks, trailers, and municipal vehicles. Through this launch, the company aims to develop a high-quality yet affordable LED work lamp. The work lamps provide homogeneous illumination with a color temperature of around 6,500 Kelvin, which is similar to daylight. It is also available in round, square, surface-mounted, and flush-mounted versions. The work lamp lens is made of special plastics, which reduces the weight and provides a high level of corrosion resistance and its cooling fin design ensures optimum heat dissipation, which increases the efficiency and lifetime of the work lamps. The work lamps produce their full light output at an ambient temperature between -40°C and +50°C.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Application Type
By Technology
By Vehicle Type
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Continental AG, DENSO Corp., Hyundai Motor Group, Koito Manufacturing Co. Ltd, Koninklijke Philips N.V., Magneti Marelli S.P.A, and others.
Automotive Lighting Market Report Segment
By Application Type
Front
Side
Rear
Interior
By Technology
Light Emitting Diode (LED)
Halogen
Xenon
By Vehicle Type
Passenger Car
Commercial Vehicle
A full Report of Automotive Lighting Market is Available @ https://www.omrglobal.com/industry-reports/automotive-lighting-market
Automotive Lighting Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Continental AG
DENSO Corp
Hella, Inc.
Hyundai Motor Group
Koito Manufacturing Co. Ltd.
Koninklijke Philips N.V.
Magneti Marelli S.P.A
Marelli Holdings Co., Ltd.
Maxxima
Mercedes-Benz AG
Mobis India Ltd.
Optronics International LLC
Osram Licht AG
Robert Bosch GmbH
SpyderAuto
Stanley Electric Co.Ltd
Tata Motors Ltd.
Toyota Motor Corp
TYC/GENERA Corp.
Valeo
Varroc Engineering Ltd.
ZKW Zizala Lichtsysteme GmbH
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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