The automotive industry is a pillar of indian economy and a key driver of macroeconomic growth and technological advancement. The module can have any level of integration including optics, thermal management, housing enclosures, etc. Changchun changhai automotive lighting changchun, jilin headlamps, sheetmetal parts. This study conducted by center for automotive researchthe car estimates the likely parameters of the u. The lighting system of a motor vehicle consists of lighting and signalling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle.
In contrast, todays car lights are at the convergence of hightech illumination and cutting edge automotive design. The automotive lighting industry is in the hands of five players. These include transportation, such as automobiles, aviation, railways and shipping, and traffic systems. Halogen dominated the industry in 2014 and is expected to grow at a cagr of over 5% from 2015 to 2022. Jabil is working with customers across the automotive supply chain to enable the new ways that car manufacturers are using exterior lighting. In this fundamentals course, youll get a comprehensive. Automotive lighting is utilized for lighting drive in automobile vehicles. Led to be fastest growing technology in horticulture lighting market during 20202030. Automotive lighting supplier osram showed a range of new lighting technologies at ces 2017, demonstrating the general industry trends in exterior lighting innovation. The technology used in automotive lighting has rapidly expanded to make the lighting more value added, safer and pl. Global automotive market will witness a steady growth with growing demand of automotive vehicle in the upcoming years. The findings in mckinseys 2011 lighting the way report the first to provide a holistic view of the fragmented and complex global lighting industry still hold true in general today. Within the lighting domain, marelli automotive lighting has an advanceddeep knowhow in all the key technologies that enabled the lighting.
Pdf automotive lighting market report published by value market research is an indepth analysis of the market covering its size, share. Leds use 75 percent less energy and last 25 times longer than incandescent lighting. Automotive lighting market size, 2018 industry report. By 1979, the majority of new cars in the us market were equipped. This graph illustrates the leading global automotive lighting industry companies in 2016, by worldwide revenue. They are available in a range of light colors, and have a much smaller form factor than traditional light sources. Automotive lighting market size is set to exceed usd 40 billion by 2024, says latest research study by global market insights, inc. The global automotive lighting market was valued at usd 23. More than 100 years ago, our parent companies started producing electrical light for cars.
Global automotive lighting industry companies statista. With rapid technological advancements in the automotive industry, the european region is expected to play a. On the basis of technology, the automotive lighting market is segregated into halogen, xenon, and led. In the transportation industry, lightweight design is crucial to high usability and low costs, and to aesthetics that meet consumer expectations. Strict government policies and rising safety concerns are likely to propel growth over the forecast period. In this dynamic context, yoles analysts propose today a new technology and market report dedicated to the automotive lighting industry and. Lighting, leds and smart lighting market overview subject. Automotive lighting is vital to passenger safety, comfort and vehicle styling. The global automotive lighting market may be divided by type of lighting application, type of lighting technology, type of vehicle, type of product sale and the area. Top 5 vendors in the global automotive lighting market. Module and light engine definition led module led light engine a number of packaged leds mounted onto a printed circuit board pcb that has no driver electronics.
Automotive lighting market growth, statistics, industry. Osrams laser headlights have already been used in serial production in the bmw i8 and 7 series, and the audi r8 and r8 lmx as boosters added to the high beam. Automotive lighting headlights, tail lights, leds, bulbs. East asia and south asia are likely to hold a collective revenue share of 50% in the global market for automotive lighting, through the end of 2029. Department of energys does solidstate lighting ssl program that provides summary estimates of the installed stock. Focus on adaptive headlight and intelligent ambient lighting halogen, xenon, and led for twowheelers, passenger cars and commercial vehicles analysis and forecast, 2018 2023. The automotive lighting market is anticipated to reach usd 34. Currently, the automotive industry contributes more than 7% to the total gdp and provides employment to about 32 million people, directly and indirectly. Development of an overall solution for roof mounted led light bars. That means conventional bonding processes are reaching their limits.
In 2016, koitos revenue amounted to approximately 7. Philips automotive offers an exceptional lighting program for wds that provides a onestop source for both commercial and retail packaged lighting products as well as point of sale tools to help service locations and retailers capture more sales for lighting products. Since the invention of the automobile, lighting has been an important subsystem on all ground vehicles. Give your customers the latest in automotive lighting innovation. The vehicle consists of different lights to increase the visibility in darkness and bad weather conditions along with the. Today an automotive lighting system can include everything from microcontrollers and serial communication devices to stepper motors, cameras and lasers a far cry from a simple light bulb, battery and switch, which held sway for over fifty years. Global and china automotive lighting industry report, 2016. Automotive lighting market trends growth report 2024.
Global and china automotive lighting market 20162020. Manufacturers who have begun to bond materials without welding, punching, folding, or using mechanical fasteners, have lessened the. It focuses on designing and manufacturing of lighting systems and components in the automotive industry. Fundamentals of automotive lighting abstract techonline. Lighting is a vital component in automotive vehicles, playing an important role in automotive safety. The automotive lighting market is directly influenced by the automotive industry production of vehicles.
Growth is driven by natural led cost erosion, increas. Pdf automotive lighting market size, analysis and forecast to 2025. Lighting market characterization 2 executive summary the 2015 u. Global automotive lighting market size was usd27 billion in 2015, up 3. By connecting advanced lighting controls to industrial automation systems, led lighting can save time and costs, and also provide business intelligence data, reduce waste and redundancies, and enhance plant operations. Horticulture lighting market size industry trends, 2030. Global automotive lighting market share, sales, revenue, industry size in terms of volume with regional outlook is analyzed in this automotive lighting market industry report. Among 20 competing companies, the big five received 80% of the total automotive lighting revenue in 2016.
In addition, growing consumer awareness concerning the significance of adaptive lighting including dynamic bend light and a glarefree high beam is also expected to have a positive impact on the exterior. Automotive lighting market size, share, growth, and trends. Marelli automotive lighting designs, develops and integrates a wide and complete range of top notch solutions for external automotive lighting systems, as well as innovative sensors to support future adasad features including lidarsensor technology. Trends and technology in advanced automotive lighting. The figures for automotive lighting represent ing around 20. Automotive lighting market size valued at around usd 30 billion in 2017 and will grow at a cagr of over 5% from 2018 to 2024 get more details on this report request free sample pdf growing automobile production to address the increasing consumer demand is driving the automotive lighting market share. The global automotive lighting market size was usd 53. Automotive lighting is a fastmoving field in the industry not known for rapid change. The first section discusses a general outlook for the u. Magneti marelli supplies automotive parts and automotive lighting systems. Due to an increase in the demand for vehicle, it is estimated that the automotive lighting market would grow in the years to come. Both factory and aftermarket headlights and tail lights contain the latest in brilliant.
With currently 30 locations on 4 different continents marelli automotive lighting stands for worldwide individual and progressive solutions in the area of exterior automotive lighting we combine extraordinary design and innovative technology with. These pages put readers inside the minds of the leaders shaping the future of the sector, including public sector decisionmakers and clevel executives from oems and top tier 1, 2 and 3 suppliers. Automotive lighting market linking illumination with safety. The lighting market for automotive applications should reach a 23. Automotive lighting system department of higher education. Japans koito and stanley, italys magneti marelli, frances valeo, and germanys hella. Today, our lighting is used in various forms of applications worldwide in a wide range of fields. The market is on a clear transition path from traditional lighting technologies. However, europes pioneer position in mobility is endangered, since regions and players. Lighting market characterization lmc is the third report released1 by the u. The automotive lighting market is rising at a compound annual growth rate cagr of 5. Pdf automotive led lighting market key players, their financials. Get more details on this report request free sample pdf. Automotive lighting market share, trend global industry.
Its hard to believe but at one time automotive lighting was a strictly utilitarian function, with small, mostly round lights that barely allowed you to see and be seen in the darkness. The global automotive lighting market size was valued at usd 19. Any fluctuation in the production of vehicle affects the dynamics of the automotive lighting market. Global automotive lighting market was worth about usd27. India automotive lighting market size, share and analysis. Global automotive lighting market value will grow at a cagr of over 5% to 2024 impelled by. We are a supplier to the automotive lighting industry and i am interested to see if this report is specific with trends by manufacture and or information on tier 2 suppliers. The automotive lighting market is expected to grow at a cagr of 6% during the forecast period of 20192029. India automotive lighting market is projected to grow at a cagr of over 12% by 2023, on the back of improvement in vehicle safety standards, advanced features in vehicle lighting systems, and government regulations towards vehicle lighting systems.