March 2025
The automotive lamps market is expected to increase from USD 82.12 billion in 2025 to USD 94.99 billion by 2034, growing at a CAGR of 1.63% throughout the forecast period from 2025 to 2034.
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The automotive lamps market is a prominent branch of the automotive components industry. This industry deals in production and distribution of lamps for automotives. There are different types of lamps manufactured in this sector consisting of interior lamp, ambient lamp, head lamp, front lamp, rear lamp and some others. These lamps are based on several technologies comprising of Halogen, LED, Xenon/HID and OLED. It is designed for numerous vehicles including passenger cars and commercial vehicles. The automotive lamps are available in a well-established sales channel that consists of online and offline stores. The growing sales of SUVs in different regions has played a crucial role in shaping the industrial landscape. This market is expected to grow drastically with the rise in the automobile sector around the globe.
In September 2024, Yves Andres, the Managing Director Lighting at FORVIA HELLA announced that,” RGB LED technology has long been established in vehicle interior lighting. By transferring this technology to exterior lighting, we are creating an entirely new customer experience that allows car manufacturers to differentiate themselves in the market and gives end consumers a technological platform to realize their own lighting design and vehicle appearance. The series production of an RGB rear combination lamp for our customer Geely therefore shows once again that we have a leading position with regard to the major automotive market trends, anticipate local customer requirements and offer customized product solutions."
Asia Pacific dominated the automotive lamps market. The growth of this region is mainly driven by the presence of several car manufacturing companies along with rising sales and production of vehicles. Moreover, the rising investment by government of numerous countries to develop the EV infrastructure coupled with rapid investment in automotive components industry has fostered the market expansion. Additionally, the presence of several lamp brands such as UNO Minda, Hyundai Mobis, Changzhou Xingyu Automotive Lighting Systems, FIEM Industries, and some others is likely to propel the industrial growth.
The automotive lamps market is a fragmented industry with the presence of several dominating players. Some of the crucial players in this industry consists of Horpol A, Horeczy Sp. K., Samsung, Hella GmbH, Valeo SA, Hyundai Mobis, Marelli Holdings Co., Ltd, Infineon, OSRAM GmbH, Koninklijke Philips N.V., General Electric, Koito Manufacturing Co., Ltd, and some others. These companies are constantly engaged in developing automotive lamps and adopting numerous strategies to maintain their dominant position in this industry.
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March 2025
March 2025
March 2025
March 2025
Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.
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