Automotive OE Lighting Market Growth, Size, Share, Trends, and Forecast 2032

Automotive OE Lighting Industry Prospective

According to Zion Market Research, the global Automotive OE Lighting Market was worth USD 32.86 Billion in 2023. The market is forecast to reach USD 59.38 Billion by 2032, growing at a compound annual growth rate (CAGR) of 6.79% during the forecast period 2024-2032.

The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Automotive OE Lighting industry over the next decade.

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Automotive OE Lighting Market: Overview

The lighting system which is specifically designed for automotive applications such as lighting the roads, and signaling the other vehicles, is known as automotive lighting. OE is the term used for denoting original equipment representing the authenticity of the products from the manufacturers. The position of this lighting system depends on the lumens of the bulb which are selected or designed based on the structure of the vehicle. Some are assembled in the front, rear, and on top of the automobile. Automotive lighting plays a vital role in transportation systems to avoid mishaps.

Automotive OE (Original Equipment) Lighting refers to the lighting systems that are installed in vehicles by the manufacturer during the assembly process, as opposed to aftermarket lighting products. These systems include a wide range of lighting components such as headlights, taillights, fog lights, turn signals, interior lights, and dashboard illumination. OE lighting is designed and manufactured to meet specific standards and regulations, ensuring optimal safety, performance, and compatibility with the vehicle.

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OE lighting systems often incorporate advanced technologies such as LED, HID (High-Intensity Discharge), and adaptive lighting, which improve visibility, energy efficiency, and overall driving safety. Automakers and lighting manufacturers work closely to develop these lighting solutions to enhance the aesthetic appeal, functionality, and safety features of modern vehicles. The demand for OE lighting is driven by the increasing focus on vehicle safety, technological advancements, and growing consumer preference for energy-efficient and high-performance lighting systems.

Automotive OE Lighting Market: Growth Factors

Significant economic growth, increasing government spending, advanced progress in infrastructure, and a rise in consumers leaning towards personal transportation and convenience are the factor responsible for the growth of the automotive OE lighting market. End-users changing mentality towards experiencing luxury in traveling has boosted the demand for various modifications which include the major change in the lighting system; as a result, this indirectly fosters market growth. The rising craze of sports cars in the young generation with fancy and elegance is also driving the growth of the automotive OE lighting market. Road mishaps and purposely demonstrated stunts leading to vehicle damage are driving the business for the garages and repair centers, which indirectly affects the demand for the automotive OE lighting market. However, restrictions on using high-beam lights in some regions by the government are retraining the growth of the market.

Automotive OE Lighting Market: Segmentation

The automotive OE lighting segmentation is

based on products that include halogen, HID Xenon, and LED lights. Of, LED lighting is dominating the market and this type is preferred based on the type of vehicle and its application.

Based on vehicle types, the global market is classified as passenger-carrying vehicles such as two-wheelers, cars, SUVs, buses, and many others as well as goods carriers and multi-utility vehicles including trucks, cranes, tractors, and so on.

Based on the positioning of the lighting system, the global market is divided into headlights, fog lights parking lights, brake lights, indication lights, and cabin or interior lights.

Automotive OE Lighting Market: Report Scope

Automotive OE Lighting Market: Regional Analysis

The global automotive OE lighting market is segmented as North America, Europe, the Middle East, Asia-Pacific, Latin America, and the Rest of the World. Europe is anticipated as a leading player in the global automotive OE lighting market. This trend is followed by North America and Asia-Pacific and is anticipated to continue in the future.

Automotive OE Lighting Market: Competitive Players

Some main participants of the Automotive OE Lighting market are

• Delphi Automotive PLC
• BASF SE
• Flextronics Automotive GmbH & Co. KG
• Odell
• Visteon Corporation
• Federal-Mogul Corporation
• Grupo Antolin Irausa S.A
• OSRAM AG
• Stanley Electric Co.Ltd.
• Hyundai Mobis Co.Ltd.
• Koito Manufacturing Co. Ltd. 

Other participants in the global market are 

• ZKW
• Covestro
• Lumileds
• Hella KGaA Hueck & Co.
• Gentex Corporation
• Ichikoh Industries Ltd.
• Valeo SA.

Many companies are adopting new strategies to firm their marketplace. For instance, China’s Luye Auto Lighting company has launched its first LED-based automotive lighting plant in Nanchang. The total value of the manufacturing facility is about $72.97 million with a production capacity of 500,000 modules.

The global automotive OE lighting market is segmented as follows:

By Product Type

• Halogen
• HID Xenon
• LED lights

By Vehicles Type 

• Passenger-Carrying Vehicle 
  • Two-Wheelers
    • Cars
    • Suvs
    • Buses
    • And Others
  • Goods Carrier
  • Multi-Utility Vehicles
    • Truck
    • Cranes
    • Tractors
    • And Others

By Positioning of the Lighting System

• Headlight
• Fog Light Parking Lights
• Brake Light
• Indication Lights
• Cabin Or Interior Lights

Automotive OE Lighting Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa