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Automotive Light Emitting Diode (LED) Bulbs Global Market Report 2020

Starting Price : $ 4000.00 | Pages : 150 | Published : January 2020 | SKU CODE : 7237 | Format :


The automotive light emitting diode bulb manufacturing market consists of sales of LED automobile bulbs that are an upgrade over the standard filament bulbs used in sidelights, fog lights, brake lights, indicators, number plates and more. LED bulbs give off a bright, distinctive glow and last longer than standard bulbs, with up to 5000 hours of rated life.

The global automotive light emitting diode (led) bulbs market was worth $11.1 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 9.91% and reach $16.2 billion by 2023

In 2019, Asia Pacific was the largest region in the automotive LED bulbs market.

The automotive light emitting diode bulbs market covered in this report is segmented by vpassenger car, light commercial vehicle and heavy commercial vehicle.  The automotive light emitting diode bulbs market in this report is segmented by adaptive lighting into front adaptive lighting, rear adaptive lighting and ambient adaptive lighting. The automotive light emitting diode bulbs market in this report is segmented by sales channel into OEM and aftermarket.

Technological advancements in the automotive light emitting diode (LED) technology is expected to drive market growth. Some of the new technologies include µAFS LED headlights, bend lighting headlamps and flexible OLED for vehicle lighting. For Instance, in 2016, car models BMW i8, Audi R8 LMX, and the BMW 7 Series were launched with laser full beam lighting technology with a range of up to 600 meters, double the range of standard LED headlights. Thus, increasing technology adoption is expected to drive the demand for advanced automotive LED bulb products going forward.  

High cost of advanced LED lights has been a major challenge for the automotive LED bulbs market. As the efficiency and longevity of the LED bulbs is improving, manufacturing costs are rising due to less volume sale. Automotive LED lights are expensive than halogen bulbs used traditionally in automobiles which is restraining market growth. In 2019, the cost of an LED lighting bulb was $5/klm at package level (luminaires costs $20-$100/klm) whereas the cost of advanced LED lighting, OLED cost around $300-$500/klm at panel level.

With increasing awareness about global warming and carbon emissions, customers are increasingly using Organic LED, whose emitting panels are made of organic material. They can also be color tuned and are used to make light panels. For instance, car manufacturers BMW and Audi are using OLED taillights due to its flexilibility, efficiency and homogeneity.

In June 2018, Osram, a Munich based lighting manufacturing company, acquired BAG Electronics, for an undisclosed amount. With this acquisition, the company aims to strengthen its electronic component business. BAG Electronics, a subsidiary of specialty lighting manufacturer Trilux, manufactures electronic components for LED lighting, control gear for fluorescent lamps, and high pressure discharge lamps.

The major players in the global automotive light emitting diode (led) bulbs market are SG Automotive, Hella, KOITO, Magneti Marelli, OSRAM, Valeo, Stanley Electric Co. Ltd., Varroc, Koninklijke Philips N.V.

The countries covered in the global automotive light emitting diode (led) bulbs market report are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia

    1. Executive Summary

    2. Automotive Light Emitting Diode (LED) Bulbs Market Characteristics

    3. Automotive Light Emitting Diode (LED) Bulbs Market Size And Growth

    3.1. Global Automotive Light Emitting Diode (LED) Bulbs Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Automotive Light Emitting Diode (LED) Bulbs Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Automotive Light Emitting Diode (LED) Bulbs Market Segmentation

    4.1. Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Passenger Car

    Light Commercial Vehicle (LCV)

    Heavy Commercial Vehicle(HCV)

    4.2. Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Adaptive Lighting, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Front Adaptive Lighting

    Rear Adaptive Lighting

    Ambient Adaptive Lighting

    4.3. Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Sales Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    OEM

    Aftermarket

    5. Automotive Light Emitting Diode (LED) Bulbs Market Regional And Country Analysis

    5.1. Global Automotive Light Emitting Diode (LED) Bulbs Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Automotive Light Emitting Diode (LED) Bulbs Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Automotive Light Emitting Diode (LED) Bulbs Market  

    6.1. Asia-Pacific Automotive Light Emitting Diode (LED) Bulbs Market Overview  

    6.2. Asia-Pacific Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Automotive Light Emitting Diode (LED) Bulbs Market  

    7.1. China Automotive Light Emitting Diode (LED) Bulbs Market Overview  

    7.2. China Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Automotive Light Emitting Diode (LED) Bulbs Market  

    8.1. India Automotive Light Emitting Diode (LED) Bulbs Market Overview  

    8.2. India Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Automotive Light Emitting Diode (LED) Bulbs Market  

    9.1. Japan Automotive Light Emitting Diode (LED) Bulbs Market Overview  

    9.2. Japan Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Automotive Light Emitting Diode (LED) Bulbs Market  

    10.1. Australia Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Automotive Light Emitting Diode (LED) Bulbs Market  

    11.1. Indonesia Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Automotive Light Emitting Diode (LED) Bulbs Market  

    12.1. South Korea Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Automotive Light Emitting Diode (LED) Bulbs Market  

    13.1. Western Europe Automotive Light Emitting Diode (LED) Bulbs Market Overview

    13.2. Western Europe Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Automotive Light Emitting Diode (LED) Bulbs Market  

    14.1. UK Automotive Light Emitting Diode (LED) Bulbs Market Overview

    14.2. UK Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Automotive Light Emitting Diode (LED) Bulbs Market  

    15.1. Germany Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Automotive Light Emitting Diode (LED) Bulbs Market  

    16.3. France Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Automotive Light Emitting Diode (LED) Bulbs Market  

    17.1. Eastern Europe Automotive Light Emitting Diode (LED) Bulbs Market Overview

    17.2. Eastern Europe Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Automotive Light Emitting Diode (LED) Bulbs Market  

    18.1. Russia Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Automotive Light Emitting Diode (LED) Bulbs Market  

    19.1. North America Automotive Light Emitting Diode (LED) Bulbs Market Overview

    19.2. North America Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Automotive Light Emitting Diode (LED) Bulbs Market  

    20.1. USA Automotive Light Emitting Diode (LED) Bulbs Market Overview

    20.2. USA Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Automotive Light Emitting Diode (LED) Bulbs Market  

    21.1. South America Automotive Light Emitting Diode (LED) Bulbs Market Overview

    21.2. South America Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Automotive Light Emitting Diode (LED) Bulbs Market  

    22.1. Brazil Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Automotive Light Emitting Diode (LED) Bulbs Market  

    23.1. Middle East Automotive Light Emitting Diode (LED) Bulbs Market Overview

    23.2. Middle East Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Automotive Light Emitting Diode (LED) Bulbs Market  

    24.1. Africa Automotive Light Emitting Diode (LED) Bulbs Market Overview

    24.2. Africa Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Automotive Light Emitting Diode (LED) Bulbs Market Competitive Landscape And Company Profiles

    25.1. Automotive Light Emitting Diode (LED) Bulbs Market Competitive Landscape

    25.2. Automotive Light Emitting Diode (LED) Bulbs Market Company Profiles

    25.2.1. SG Automotive

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. Hella

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. KOITO

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Magneti Marelli

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. OSRAM

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Automotive Light Emitting Diode (LED) Bulbs Market

    27. Automotive Light Emitting Diode (LED) Bulbs Market Trends And Strategies

    28. Automotive Light Emitting Diode (LED) Bulbs Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Adaptive Lighting, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Sales Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Automotive Light Emitting Diode (LED) Bulbs Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Global Automotive Light Emitting Diode (LED) Bulbs Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: Asia-Pacific, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: China, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: India, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Japan, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Australia, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: Indonesia, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: South Korea, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: Western Europe, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: UK, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: Germany, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: France, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: Eastern Europe, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: Russia, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: North America, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: USA, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: South America, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Brazil, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Middle East, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: Africa, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 27: SG Automotive Financial Performance
  • Table 28: Hella Financial Performance
  • Table 29: KOITO Financial Performance
  • Table 30: Magneti Marelli Financial Performance
  • Table 31: OSRAM Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Adaptive Lighting, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Sales Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Automotive Light Emitting Diode (LED) Bulbs Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Global Automotive Light Emitting Diode (LED) Bulbs Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: Asia-Pacific, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: China, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: India, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Japan, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Australia, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: Indonesia, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: South Korea, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: Western Europe, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: UK, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: Germany, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: France, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: Eastern Europe, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: Russia, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: North America, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: USA, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: South America, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Brazil, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Middle East, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: Africa, Automotive Light Emitting Diode (LED) Bulbs Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 27: SG Automotive Financial Performance
  • Figure 28: Hella Financial Performance
  • Figure 29: KOITO Financial Performance
  • Figure 30: Magneti Marelli Financial Performance
  • Figure 31: OSRAM Financial Performance
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