Lighting is one of the most important aspects of an automobile, with vital roles to play in safety, comfort, and, increasingly, in vehicle styling. It includes lighting and signaling devices located in the front, sides, and rear of a vehicle. The primary use of automotive lighting is to ensure visibility for the driver, improve vehicle conspicuity, and intimate the presence and position of the vehicle to others.Light emitting diodes (LEDs) are seeing significant growth in application in the interior as well as exterior lighting systems of vehicles. LED lighting, also known as solid-state lighting, is a semiconductor-based lighting technology. Automotive LED lighting technology has improved significantly over the years in terms of heat-light ratio. Low power consumption, high shock resistance, and longer lifespans are some of the benefits of LED lights. These features have helped manufacturers develop lighting as

per customer requirements to ensure safety while also adding aesthetic and functional value to the vehicle. The decreasing prices of raw materials, exponential growth in vehicle production worldwide, and growing awareness of the need to enhance energy efficiency are boosting the automotive lighting market.

PART 01: Executive summary 5

PART 02: Scope of the report 17

Market overview 17

Top-vendor offerings 19

PART 03: Market research methodology 20

Research methodology 20

Economic indicators 20

PART 04: Introduction 21

Key market highlights 21

Overview 21

PART 05: Market landscape 23

Market overview 23

Market size and forecast 24

Five forces analysis 25

PART 06: Market segmentation by type of vehicle 26

Market overview 26

Passenger cars 26

LCVs 28

PART 07: Market segmentation by end market 30

Market overview 30

Global automotive OEM DRL market 30

Global automotive aftermarket DRL market 31

PART 08: Geographical segmentation 32

Market segmentation by geography 32

APAC 34

Americas 36

EMEA 37

PART 09: Market drivers 38

Regulatory mandates favoring DRL use 38

Add-on safety benefits of DRL leading to rise in

demand 38

Low energy consumption through use of LEDs 38

PART 10: Market challenges 39

High cost of LEDs 39

Diminishing aftermarket LED sales 39

PART 11: Market trends 40

Use of DRL as brand differentiator by OEMs 40

Innovations in LED technology 40

Growing demand for easy-to-fit DIY DRLs 40

Gradual introduction of DRLs in mainstream

motorcycle 41

PART 12: Vendor landscape 42

Competitive scenario 42

Other prominent vendors 43

PART 13: Key vendor analysis 44

Hella 44

KOITO 46

Magneti Marelli 48

OSRAM 51

Valeo 53

PART 14: Appendix 56

List of abbreviations 56

PART 15: Explore Technavio 57