Press release
2025-2034 Automotive LED Lighting Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Automotive LED Lighting Market
What Is the Expected CAGR for the Automotive LED Lighting Market Through 2025?
The market size of automotive led lighting has seen substantial growth in the past years. It is projected to increase from $19.9 billion in 2024 to $21.04 billion in 2025, with a compound annual growth rate (CAGR) of 5.7%. Factors such as consumer demand, environmental issues, enhanced performance, decreased costs, safety, and visibility have contributed to the growth during the historical period.
What's the Projected Size of the Global Automotive LED Lighting Market by 2029?
In the upcoming years, the automobile led lighting market is predicted to see a robust increase in size. It is projected to reach a market value of $27.19 billion in 2029, with a compound annual growth rate (CAGR) of 6.6%. This growth is due to various factors, such as advancements in self-driving cars, innovative adaptive lighting, the increasing popularity of electric vehicles (EV), demand for interconnected vehicles, and an increased emphasis on energy efficiency. Notable trends for the forecasted period include the adoption of OLED technology, the emergence of electric and hybrid vehicles, design and form factor innovations, the focus on sustainability and efficiency, and improved safety features.
View the full report here:
https://www.thebusinessresearchcompany.com/report/automotive-led-lighting-global-market-report
Top Growth Drivers in the Automotive LED Lighting Industry: What's Accelerating the Market?
The rise in worldwide traffic mishaps is predicted to boost the expansion of the automotive LED lighting market. Traffic mishaps typically denote injuries from vehicular crashes, either partial or complete, on public roads and are a primary source of fatalities. Automotive LED lighting enhances a vehicle's road visibility, making it more noticeable to others, help avoid direct collisions due to low visibility. For example, a report from the Centers for Disease Control and Prevention (CDC), a US-based national public health agency, revealed that around 1.35 million people are killed every year in road accidents around the globe, according to statistics from January 2023. Furthermore, nearly 3,700 people die daily worldwide in crashes involving unsafe vehicles, such as those without LED lighting. As a result, the surge in global traffic accidents fuels the growth of the automotive LED lighting market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9292&type=smp
What Are the Key Trends Driving Automotive LED Lighting Market Growth?
Notable developments in technology play a vital role in influencing trends within the automotive LED lighting industry. Industry leaders in the automotive LED lighting market are continuously rolling out state-of-the-art products to preserve their market standing. For example, in October of 2022, Hyundai Mobiles, an automotive parts supplier from South Korea, unveiled a novel 'Lighting grille' feature powered by LED lighting. This innovative technology offers a mobile grille equipped with active flaps to facilitate superior aerodynamics and engine cooling. It showcases distinctive capabilities such as auto-drive mode and the ability to display a variety of scenarios like autonomous driving mode, EV charging mode, welcome light, and emergency warning light, setting it apart from other tech products.
What Are the Main Segments in the Automotive LED Lighting Market?
The automotive led lighting market covered in this report is segmented -
1) By Propulsion Type: Internal Combustion Engine (ICE), Electric, Other Propulsion Types
2) By Vehicle Type: Passenger Car, Light Commercial Vehicle (LCV), Bus, Other Vehicle Types
3) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
4) By Application: Exterior Lighting, Interior Lighting
Subsegments:
1) By Internal Combustion Engine (ICE): Halogen Replacements, Xenon Replacements, Standard LED Applications
2) By Electric: Battery Electric Vehicles (BEVs), Plug-In Hybrid Electric Vehicles (PHEVs)
3) By Other Propulsion Types: Hybrid Vehicles, Fuel Cell Vehicles
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9292&type=smp
Which Top Companies are Driving Growth in the Automotive LED Lighting Market?
Major companies operating in the automotive LED lighting market include Hella KGaA Hueck & Co., Koito Manufacturing Co. Ltd., Marelli Holdings Co. Ltd., Osram Licht AG, Stanley Electric Co. Ltd., Valeo, ZKW Group, Magneti Marelli S.p.A, Mercedes-Benz, Samsung Electronics Co. Ltd., Toyota Motor Corporation, Changzhou Xingyu Automotive Lighting System Co. Ltd., Everlight Electronics Co. Ltd., LG Electronics Inc, Nichia Corporation, Seoul Semiconductor Co. Ltd., SL Corporation, General Electric Company, Koninklijke Philips N V, Hyundai Mobis Co. Ltd., Denso Corporation, Grupo Antolin, Continental AG, Varroc Lighting Systems, DEPO Auto Parts Ind Co. Ltd., Flex-N-Gate Corporation, Lumax, Guangzhou Loyo Electronic Factory, TYC Brother Industrial
Which Regions Will Dominate the Automotive LED Lighting Market Through 2029?
North America was the largest region in the automotive LED lighting market in 2024. The regions covered in the automotive LED lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9292
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 2025-2034 Automotive LED Lighting Market Evolution: Disruptions, Innovations, and Untapped Opportunities here
News-ID: 4258814 • Views: …
More Releases from The Business Research Company
Emerging Innovations Set to Redefine the Sewer Rehabilitation Services Market La …
How Large Is the Sewer Rehabilitation Services Market Anticipated to Become by 2025?
The global market for sewer rehabilitation services has experienced robust expansion lately, projected to increase from a valuation of $42.38 billion in 2024 to $45.14 billion in the subsequent year, reflecting a compound annual growth rate (CAGR) of 6.5%. This historical upward trajectory is primarily fueled by several key factors: escalating levels of urbanization, the ever-aging condition of…
2025-2034 Sea Based C4ISR Market Outlook: Emerging Drivers, Growth Barriers, and …
What Market Size Will the Sea Based C4ISR Sector Reach by 2025?
The maritime C4ISR market experienced substantial expansion lately, projected to climb from a value of $3.0 billion in 2024 to $3.17 billion the following year, reflecting a compound annual growth rate of 5.7%. This upward trend observed over the historical period stems from several factors, including the intensification of naval modernization initiatives, escalating maritime security perils, augmentation in defense…
The Impact of Rapid Urbanization on the Ripening Culture Market: A Key Force Sha …
What Is the Forecasted Size of the Ripening Culture Market by 2025?
The market for ripening cultures has experienced substantial expansion lately, projected to increase from a valuation of $1.46 billion in 2024 to $1.57 billion a year later, demonstrating a consistent yearly growth rate (CAGR) of 7.7%. This upward trajectory during the past period stems from several key factors, including heightened demand for fermented dairy items, greater recognition of the…
Strong Demand Anticipated to Drive Recirculating Chillers Market Toward $2.76 Bi …
How Much Expansion Is Expected in the Recirculating Chillers Market by 2025?
The market encompassing recirculating chillers has seen swift expansion lately, projected to escalate from a value of $1.65 billion in 2024 to $1.83 billion by the ensuing year, reflecting an impressive compound annual growth rate (CAGR) of 11.2%. This upward trajectory during the historical timeframe stems from several factors, including the proliferation of automated systems in industrial procedures, escalating…
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…
