Latest research report on “Automotive LED Lighting Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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The automotive lighting system of a motor vehicle consists of lighting and signaling devices mounted or integrated to the front, rear, sides, and in some cases the top of a motor vehicle. This lights the roadway for the driver and increases the conspicuity of the vehicle, allowing other drivers and pedestrians to see a vehicle’s presence, position, size, direction of travel, and the driver’s intentions regarding direction and speed of travel. Emergency vehicles usually carry distinctive lighting equipment to warn drivers and indicate priority of movement in traffic.
A light-emitting diode (LED) is a two-lead semiconductor light source. It is a pn junction diode, which emits light when activated. When a suitable voltage is applied to the leads, electrons are able to recombine with electron holes within the device, releasing energy in the form of photons. This effect is called electroluminescence, and the color of the light (corresponding to the energy of the photon) is determined by the energy band gap of the semiconductor.
Because of their long life, fast switching times, and their ability to be seen in broad daylight due to their high output and focus, LEDs have been used in brake lights for cars’ high-mounted brake lights, and in turn signals for some time, but many vehicles now use LEDs for their rear light clusters. The use in brakes improves safety, due to a great reduction in the time needed to light fully, or faster rise time, up to 0.5 second faster than an incandescent bulb. This gives drivers behind more time to react. In a dual intensity circuit (rear markers and brakes) if the LEDs are not pulsed at a fast enough frequency, they can create a phantom array, where ghost images of the LED will appear if the eyes quickly scan across the array. White LED headlamps are starting to be used. Using LEDs has styling advantages because LEDs can form much thinner lights than incandescent lamps with parabolic reflectors.
In a word, Automotive LED lighting is the automotive lighting using LED.
This report contains market size and forecasts of Automotive LED Lighting in global, including the following market information:
Global Automotive LED Lighting Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive LED Lighting Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive LED Lighting companies in 2021 (%)
The global Automotive LED Lighting market was valued at 9122 million in 2021 and is projected to reach US$ 16880 million by 2028, at a CAGR of 9.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Exterior Lighting Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive LED Lighting include Koito, Magneti Marelli, Valeo, Hella, Stanley, OSRAM, ZKW Group, Varroc and Car Lighting District, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive LED Lighting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive LED Lighting Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive LED Lighting Market Segment Percentages, by Type, 2021 (%)
– Exterior Lighting
– Interior Lighting
Global Automotive LED Lighting Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive LED Lighting Market Segment Percentages, by Application, 2021 (%)
– Passenger Car
– Commercial Vehicle
Global Automotive LED Lighting Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive LED Lighting Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Automotive LED Lighting revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive LED Lighting revenues share in global market, 2021 (%)
Key companies Automotive LED Lighting sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive LED Lighting sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Magneti Marelli
– ZKW Group
– Car Lighting District
– GUANGZHOU LEDO ELECTRONIC
– TUFF PLUS
– Dahao Automotive
– Bymea Lighting
– Sammoon Lighting
– FSL Autotech
– Hoja Lighting
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