Global Automotive Auxiliary Lamps Market Segments 2024, Forecast To 2033
5 Mar, 2024
The automotive auxiliary lamps market demonstrated strong growth, rising from $27.62 billion in 2023 to $29.44 billion in 2024, with a 6.6% CAGR. Off-road activities and automotive industry growth fueled historical growth. The market is expected to reach $38.08 billion in 2028, driven by stringent environmental regulations and the rise in adventure tourism.
Global Automotive Auxiliary Lamps Market Key Driver
The automotive auxiliary lamps market is expanding due to the increasing vehicle manufacturing across the globe. In 2021, global automobile production experienced a 1.3% increase, reaching 79.1 million units. Auxiliary lamps play a crucial role in enhancing road safety by illuminating lanes and aiding drivers in recognizing obstacles and traffic signs.
Get A Free Sample Of The Global Automotive Auxiliary Lamps Market ReportGlobal Automotive Auxiliary Lamps Market Segments
The automotive auxiliary lamps market covered in this report is segmented –
1) By Product Type: Light Emitting Diode Light (LED), Xenon, Halogen, Sealed Beam Conversion Lamp, Modular Lights
2) By Technology: Adaptive Lighting, Intelligent Lighting, Other Technology Types
3) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Off-Road Vehicle, Electric Vehicle
4) By Sales Channel: Original Equipment Manufacturer (OEMs), Aftermarket
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Europewas the largest region in the automotive auxiliary lamps market in 2023. North America was the second-largest region in the automotive auxiliary lamps market. The regions covered in the automotive auxiliary lamps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Automotive Auxiliary Lamps Industry Players
Koito Manufacturing Co. Ltd.; Stanley Electric Co. Ltd.; Continental AG; MOBIS INDIA LIMITED; Magneti Marelli S.p.A.; Texas Instruments Incorporated; Robert Bosch GmbH; Denso Corporation; Johnson Electric Holdings Limited; LAMPA S.p.A.; Suprajit Engineering Ltd.; Ichikoh Industries Ltd.; Lazer Lamps Ltd.; J.W. Speaker Corporation; Venta Global Ltd.; Varroc; ZKW Group; Koninklijke Philips N.V.; Samsung Electronics Co. Ltd.; Broadcom Inc.; Autolite India Limited; Hella KGaA Hueck & Co.; Osram Licht AG; Valeo SA; Zizala Lichtsysteme GmbH; Lumileds Holding B.V.; Phoenix Lamps Division; TYC Brother Industrial Co. Ltd.; DEPO Auto Parts Ind. Co. Ltd.; Magna International Inc.; Mitsubishi Electric Corporation
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AIOps Automotive Auxiliary Lamps Market Overview
Automotive auxiliary lamps refer to a lighting device that is positioned to provide light forward of the vehicle and complements the upper beam of a typical headlight system. Auxiliary lamps for cars are designed to improve visibility at night and in inclement weather.
Automotive Auxiliary Lamps Global Market Report 2023 provides data on the global automotive auxiliary lamps market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The automotive auxiliary lamps market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.