Key contents of the Global Automotive LED Lighting Market report include
 
•    Market size & Forecast segmented by region, vehicle and lighting position
•    Technology trends in automotive LED lighting, penetration by OEM, avg B-2-B price
•    Upcoming vehicles with LED Lighting, by region
•    OE-supplier alignment, by region
•    Competitive landscape, market share and growth strategy of leading vendors

KEY FINDINGS

1. For most of the automotive lighting suppliers, LED lighting now accounts for ~35-48% of their overall lighting revenue. Higher LED penetration has increased their dollar content per vehicle and improved earnings margin (EBITDA- 9.5-11%)
2. There are more than 150 EVs in pipeline for Chinese market alone and more than 70% of those are BEVs, which have higher LED content than a comparable ICE vehicle. Globally the number of BEVs in pipeline is 100+, to be launched by 2022-2023- An important opportunity for automotive LED lighting vendors
3. In premium segment, almost all OEMs have adopted LEDs, HID in frontal lighting is a rare occurrence now. Despite, Chinese market slowing down by 11% in Jan-Oct 2019, the premium car sales are up by 7%. An important growth driver for LED lighting suppliers
4. In commercial vehicle segment, at present, almost all revenue for LED lighting market is generated from interior and rear LED lighting in buses, LED headlight penetration in CVs is minuscule. LED DRL penetration has been growing at double digits
5. There have been more than 15 acquisitions by automotive lighting suppliers in past 12 months globally as many regional auto lighting suppliers are now to improve their LED lighting designing capability in shorter lead times
6. On the back of growing LED penetration and ~2-3% auto industry growth , all lighting suppliers are expecting double digit growth till 2025

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GLOBAL AUTOMOTIVE LED LIGHTING MARKET TRENDS

• LED penetration in Asian markets is growing much faster than North America and Europe. China and India will remain the fastest growing automotive LED lighting market, globally
• Almost all major auto lighting suppliers are investing in in-house tooling assembly of PCBs and SMT (Surface mount technology) assembly line
• In Europe, LED growth started in 2013, when mass segment automakers like Peugeot, Seat, Ford started adding LED headlamps, and premium brands like Audi started extending their use of the technology into their lower segments’ vehicles
• In Motorcycle/scooter segment, at present, growing LEDs usage is primarily aimed at improving aesthetics, styling and less to do with the improved luminance.

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THIS AUTOMOTIVE LED LIGHTING MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. Automotive LED lighting Market size and Forecast (Units and $Million), by region, by vehicle type and vehicle segment
2. Average B-2-B price for Automotive LED lighting market, by region, by vehicle type
3. Technology trends and related opportunity for automotive LED lighting manufacturers
4. Automotive LED lighting market share of leading vendors, by region, by product segment
5. OE-supplier alignment in Automotive LED lighting market share, by region

COMPANY PROFILES

1. Valeo
2. Magnetti Marelli S.p.A
3. HELLA KGaA Hueck & Co
4. ZKW Group
5. OSRAM GmbH
6. Koito Co, Letd
7. Stanley Electric Co.Ltd
8. Hyundai Mobis Co., Ltd
9. Varroc Lighting Solutions
10. Minda Industries Ltd
11. Lumax Industries
12. Fiem Industries

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We are a Market Research firm specialized in mobility domain(s). Our zone of research entails Automotive, Aerospace, marine, locomotive, logistics, and construction & agricultural equipment. We deal in syndicated research, custom research and consumer research for all the aforementioned domains.

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