Report Information U.S. Automotive LED Lighting Market Research by Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles ) by Adaptive Lighting Forecast to 2032

Description

List of Tables

Report Information U.S. Automotive LED Lighting Market Research by Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs)) by Adaptive Lighting (Front Adaptive Lighting, Rear Adaptive Lighting, and Ambient Adaptive Lighting) Forecast to 2032

Overview of the Market

During the study period, the automotive LED lighting market is expected to rise significantly at a compound annual growth rate (CAGR) of 6.0%. By the end of the projection period (2024-2032), the market is anticipated to have grown from its 2023 valuation of USD 1,508.3 million to USD 2,547.5 million.

Through 2030, the US automotive LED lighting market is expected to increase at an impressive rate. The market is expanding due to rising vehicle production, stricter safety laws, and growing consumer demand for energy-efficient lighting options. Due to increased production numbers and consumer desire for high-end lighting features, passenger automobiles, commercial vehicles, and electric vehicles have all seen significant acceptance in the industry.

LED technology is being used by major manufacturers for both interior and external lighting applications. The largest application sector is represented by headlamps, which are followed by tail lights and running lights during the day. As car owners switch to LED solutions for improved visibility and aesthetic appeal, the aftermarket industry grows steadily.

New revenue streams are produced by technological innovations such as matrix LED headlights and adaptive lighting systems. Smart lighting solutions that improve safety and style are becoming more and more integrated into the market. LED illumination is becoming a standard feature in mid-range cars, whereas premium car segments are the ones driving adoption.

Segmenting the Market

The U.S. automotive LED lighting market is divided into three segments based on vehicle type: passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs).

The U.S. automotive LED lighting industry has been divided into three segments based on adaptable lighting: ambient adaptive lighting, rear adaptive lighting, and front adaptive lighting.

Key Players

OSRAM GmbH, Lumileds Holding B.V., Magna International Inc., Valeo SA (Valeo), Cree LED, Koito Manufacturing Co Ltd., Grote Industries, HELLA GmbH & Co KGaA, Truck-Lite Co., and LLC, Flex-N-Gate are the major participants in the automotive LED lighting market in the United States.

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 Research Methodology

3.1 Overview
3.2 DATA flow
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING DEMAND FOR ENERGY EFFICIENCY AND ENVIRONMENTAL SUSTAINABILITY
- 4.2.2 GROWING CONSUMER DEMAND FOR ENHANCED SAFETY AND PERFORMANCE
- 4.2.3 STRINGENT REGULATORY STANDARDS ON VEHICLE LIGHTING SAFETY
4.3 RESTRAINTS
- 4.3.1 HIGH INITIAL MANUFACTURING AND DEVELOPMENT COSTS
- 4.3.2 COMPLEX SUPPLY CHAIN DEPENDENCIES AND MATERIAL SHORTAGES
- 4.3.3 TECHNICAL LIMITATIONS AND INTEGRATION CHALLENGES
4.4 OPPORTUNITY
- 4.4.1 GROWING ELECTRIC VEHICLE MARKET INTEGRATION
- 4.4.2 AFTERMARKET CUSTOMIZATION AND UPGRADE OPPORTUNITIES
- 4.4.3 ADVANCED DRIVER ASSISTANCE SYSTEMS INTEGRATION

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SOURCING AND PROCESSING
- 5.1.2 MANUFACTURING AND ASSEMBLY
- 5.1.3 DISTRIBUTION AND LOGISTICS
- 5.1.4 INSTALLATION AND AFTER SALES SUPPORT
- 5.1.5 END-USER VALUE AND MARKET FEEDBACK
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 BARGAINING POWER OF SUPPLIERS
- 5.2.2 BARGAINING POWER OF BUYERS
- 5.2.3 THREAT OF NEW ENTRANTS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY

6 U.S. AUTOMOTIVE LED LIGHTING MARKET, BY POSITION

6.1 INTRODUCTION
6.2 FRONT LED LIGHTING
6.3 REAR LED LIGHTING
6.4 SIDE LED LIGHTING
6.5 INTERIOR LED LIGHTING

7 U.S. AUTOMOTIVE LED LIGHTING MARKET, BY VEHICLE TYPE

7.1 INTRODUCTION
7.2 PASSENGER CARS
7.3 LIGHT COMMERCIAL VEHCILES (LCVS)
7.4 HEAVY COMMERCIAL VEHICLES (HCVS)

8 U.S. AUTOMOTIVE LED LIGHTING MARKET, BY ADAPTIVE LIGHTING

8.1 INTRODUCTION
8.2 FRONT ADAPTIVE LIGHTING
8.3 REAR ADAPTIVE LIGHTING
8.4 AMBIENT ADAPTIVE LIGHTING

9 COMPETITIVE LANDSCAPE

9.1 INTRODUCTION
9.2 COMPETITION DASHBOARD
- 9.2.1 PRODUCT PORTFOLIO
- 9.2.2 REGIONAL PRESENCE
- 9.2.3 STRATEGIC ALLIANCES
- 9.2.4 INDUSTRY EXPERIENCES
9.3 MARKET SHARE ANALYSIS, 2023
9.4 WHO ARE THE MAJOR DISRUPTORS & INNOVATORS
9.5 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS
9.6 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 9.6.1 PRODUCT LAUNCH
- 9.6.2 MERGER AND ACQUISITION

10 COMPETITIVE LANDSCAPE

10.1 OSRAM GMBH
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 FINANCIAL OVERVIEW
- 10.1.3 PRODUCTS OFFERED
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 SWOT ANALYSIS
- 10.1.6 KEY STRATEGY
10.2 LUMILEDS HOLDING B.V.
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 PRODUCTS OFFERED
- 10.2.3 KEY DEVELOPMENTS
- 10.2.4 SWOT ANALYSIS
- 10.2.5 KEY STRATEGY
10.3 MAGNA INTERNATIONAL INC
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 FINANCIAL OVERVIEW
- 10.3.3 PRODUCTS OFFERED
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 SWOT ANALYSIS
- 10.3.6 KEY STRATEGY
10.4 VALEO
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 FINANCIAL OVERVIEW
- 10.4.3 PRODUCTS OFFERED
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 SWOT ANALYSIS
- 10.4.6 KEY STRATEGY
10.5 CREE LIGHTING USA LLC
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 FINANCIAL OVERVIEW
- 10.5.3 PRODUCTS OFFERED
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 SWOT ANALYSIS
- 10.5.6 KEY STRATEGY
10.6 KOITO MANUFACTURING CO., LTD
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 PRODUCTS OFFERED
- 10.6.3 KEY DEVELOPMENTS
- 10.6.4 SWOT ANALYSIS
- 10.6.5 KEY STRATEGY
10.7 GROTE INDUSTRIES
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 PRODUCTS OFFERED
- 10.7.3 KEY DEVELOPMENTS
- 10.7.4 SWOT ANALYSIS
- 10.7.5 KEY STRATEGY
10.8 TRUCK-LITE CO., LLC
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 PRODUCTS OFFERED
- 10.8.3 KEY DEVELOPMENTS
- 10.8.4 SWOT ANALYSIS
- 10.8.5 KEY STRATEGY
10.9 FLEX-N-GATE
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 PRODUCTS OFFERED
- 10.9.3 KEY DEVELOPMENTS
- 10.9.4 SWOT ANALYSIS
- 10.9.5 KEY STRATEGY
10.10 HELLA GMBH & CO. KGAA
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 FINANCIAL OVERVIEW
- 10.10.3 PRODUCTS OFFERED
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 SWOT ANALYSIS
- 10.10.6 KEY STRATEGY

LIST OF TABLES

TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT
TABLE 2 U.S. AUTOMOTIVE LED LIGHTING MARKET, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 3 U.S. AUTOMOTIVE LED LIGHTING MARKET, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 4 U.S. AUTOMOTIVE LED LIGHTING MARKET, BY ADAPTIVE LIGHTING, 2018-2032 (USD MILLION)
TABLE 5 PRODUCT LAUNCH
TABLE 6 MERGER AND ACQUISITION
TABLE 7 OSRAM GMBH: PRODUCTS OFFERED
TABLE 8 LUMILEDS HOLDING B.V: PRODUCTS OFFERED
TABLE 9 MAGNA INTERNATIONAL INC: PRODUCTS OFFERED
TABLE 10 VALEO: PRODUCTS OFFERED
TABLE 11 CREE LED: PRODUCTS OFFERED
TABLE 12 KOITO MANUFACTURING CO., LTD: PRODUCTS OFFERED
TABLE 13 GROTE INDUSTRIES: PRODUCTS OFFERED
TABLE 14 TRUCK-LITE CO., LLC: PRODUCTS OFFERED
TABLE 15 FLEX-N-GATE: PRODUCTS OFFERED
TABLE 16 HELLA GMBH & CO. KGAA: PRODUCTS OFFERED

LIST OF FIGURES

FIGURE 1 U.S. AUTOMOTIVE LED LIGHTING MARKET: STRUCTURE
FIGURE 2 U.S. AUTOMOTIVE LED LIGHTING MARKET: MARKET GROWTH FACTOR ANALYSIS (2022-2032)
FIGURE 3 DRIVER IMPACT ANALYSIS (2024-2032)
FIGURE 4 RESTRAINT IMPACT ANALYSIS (2022-2032)
FIGURE 5 VALUE CHAIN ANALYSIS: U.S. AUTOMOTIVE LED LIGHTING MARKET
FIGURE 6 PORTER'S FIVE FORCES MODEL: U.S. AUTOMOTIVE LED LIGHTING MARKET
FIGURE 7 U.S. AUTOMOTIVE LED LIGHTING MARKET, BY PRODUCT TYPE, 2023 (% SHARE)
FIGURE 8 U.S. AUTOMOTIVE LED LIGHTING MARKET, BY VEHICLE TYPE, 2023 (% SHARE)
FIGURE 9 U.S. AUTOMOTIVE LED LIGHTING MARKET, BY ADAPTIVE LIGHTING, 2023 (% SHARE)
FIGURE 10 COMPETITOR DASHBOARD: US AUTOMOTIVE LED LIGHTING MARKET
FIGURE 11 US AUTOMOTIVE LED LIGHTING MARKET: COMPETITIVE ANALYSIS, 2023
FIGURE 12 OSRAM GMBH: SWOT ANALYSIS
FIGURE 13 LUMILEDS HOLDING B.V: SWOT ANALYSIS
FIGURE 14 MAGNA INTERNATIONAL INC: SWOT ANALYSIS
FIGURE 15 VALEO: SWOT ANALYSIS
FIGURE 16 CREE LED: SWOT ANALYSIS
FIGURE 17 KOITO MANUFACTURING CO., LTD: SWOT ANALYSIS
FIGURE 18 GROTE INDUSTRIES: SWOT ANALYSIS
FIGURE 19 TRUCK-LITE CO., LLC: SWOT ANALYSIS
FIGURE 20 FLEX-N-GATE: SWOT ANALYSIS
FIGURE 21 HELLA GMBH & CO. KGAA: SWOT ANALYSIS