In the Western European automotive lighting industry, sales are estimated to rise at a 5.3% CAGR through 2033.The demand outlook for automotive lighting in Western Europe indicates a valuation of US$ 7,812.0 million in 2023. Looking ahead, the sales forecasts for automotive lighting in the Western European countries together anticipate reaching a value of US$ 13,077.9 million by 2033.
Attributes | Details |
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Industry size of Western Europe in 2023 | US$ 7,812.0 million |
Expected Industry Size of Western Europe by 2033 | US$ 13,077.9 million |
Forecasted CAGR between 2023 to 2033 | 5.3% |
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The demand outlook for automotive lighting in Western Europe signifies the headlights segment having 58.8% of shares in 2023.
Leading Application for Automotive Lighting in Western Europe | Headlights |
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Total Value Share (2023) | 58.8% |
Headlights are of relatively higher value than other lighting systems installed in vehicles rendering them a dominant position in the regional industry landscape. Moreover, as headlights are imperative in the manufacturing of every car or vehicle, this segment is poised to retain its position through 2033 as well.
The end use survey of automotive lighting in Western Europe suggests that the passenger cars constitute the leading segment, with 80.1% of shares in 2023.
Leading Vehicle Type for Automotive Lighting in Western Europe | Passenger Cars |
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Total Value Share (2023) | 80.1% |
Given the substantial size of Western Europe's passenger car industry, the demand for automotive lighting for this segment has always remained higher. In addition, the surging export of passenger cars by some renowned manufacturers in Germany and the United Kingdom promises a favorable future for this segment.
Key Countries in Western Europe | Value CAGR (2023 to 2033) |
---|---|
Germany | 6.1% |
Italy | 5.2% |
France | 3.9% |
The opportunity assessment for automotive lighting in Germany suggests an industry expansion at a 6.1% CAGR through 2033. Strategic collaborations and partnerships between Germany’s car manufacturers and automotive lighting system suppliers are expanding the regional industry. Such collaborations have brought together leading original equipment manufacturers and automotive parts assemblers to invest more in the development of unique automotive lighting solutions.
The regional assessment of the automotive lighting industry in Italy suggests a 5.2% CAGR expansion through 2033, driven by the increasing exports of luxury cars. Italy is currently prioritizing the development of automotive parts and accessories manufacturing industries to boost its automobile sector. Additionally, favorable government regulations and initiatives are expected to contribute to increased automotive lighting production in industrial regions throughout the country.
The industry assessment for automotive lighting in France indicates an increment of 3.9% CAGR through 2033. Automotive lighting produced in France is getting popular among automakers due to higher integration of smart features. This type of lighting solution provides better energy management available in cars as well as greater user involvement.
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The competitive landscape of the Western Europe automotive lighting sector is diversified with seasoned industry leaders, and new entrants with creative solutions. Companies that can adapt, develop, and connect their offerings with growing preferences for innovative lighting are anticipated to maintain a competitive edge in the region.
A strong focus on sustainability, personalization, and customer interaction might be key to the success of companies operating in this ever-evolving industry. So, an increase in partnerships and collaborations with electronics and electric gadget manufacturers is likely to lead to the launch of improved automotive lighting features.
Recent Developments Observed in Automotive Lighting in Western Europe
Attribute | Details |
---|---|
Estimated Industry Size in 2023 | US$ 7,812.0 million |
Projected Industry Size by 2033 | US$ 13,077.9 million |
Anticipated CAGR between 2023 to 2033 | 5.3% CAGR |
Historical Analysis of Demand for Automotive Lighting in Western Europe | 2018 to 2022 |
Demand Forecast for Automotive Lighting in Western Europe | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing Automotive Lighting Adoption in Western Europe, Insights on Global Players and their Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western Europe Manufacturers |
Key Countries Analyzed while Studying Opportunities in Automotive Lighting in Western Europe |
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Key Companies Profiled |
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The expected CAGR for the industry in Western Europe through 2033 is 5.3%.
The demand for automotive lighting in Western Europe is estimated to reach US$ 13,077.9 million by 2033.
The rising popularity of LEDs and adaptive lights have impacted the regional industry.
Automotive light manufacturers are emphasizing on collaborations with assemblers.
Passenger cars currently account for 80.1% of overall industry across Western Europe.
1. Executive Summary 1.1. Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Application 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033 5.3.1. Front Headlights 5.3.2. Fog Lights 5.3.3. Rear Lights 5.3.4. Side Lights 5.3.5. Interior Lights 5.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Vehicle Type, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Vehicle Type, 2023 to 2033 6.3.1. Passenger Cars 6.3.1.1. Compact Cars 6.3.1.2. Mid-Size Cars 6.3.1.3. Luxury Cars 6.3.1.4. SUVs 6.3.2. LCVs 6.3.3. HCVs 6.3.4. Electric Vehicles 6.3.4.1. BEV 6.3.4.2. PHEV 6.3.4.3. HEV 6.3.5. Two Wheelers 6.3.5.1. Motorcycles 6.3.5.2. Scooters 6.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Vehicle Type, 2023 to 2033 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Light Source 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Light Source, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Light Source, 2023 to 2033 7.3.1. Halogen 7.3.2. LEDs 7.3.3. Xenon 7.4. Y-o-Y Growth Trend Analysis By Light Source, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Light Source, 2023 to 2033 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Sales Channel, 2018 to 2022 8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Sales Channel, 2023 to 2033 8.3.1. OEM 8.3.2. Aftermarket 8.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2018 to 2022 8.5. Absolute $ Opportunity Analysis By Sales Channel, 2023 to 2033 9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Introduction 9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Country, 2018 to 2022 9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Country, 2023 to 2033 9.3.1. UK 9.3.2. Germany 9.3.3. Italy 9.3.4. France 9.3.5. Spain 9.3.6. Rest of Western Europe 9.4. Market Attractiveness Analysis By Country 10. UK Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Region 10.2.1.1. England 10.2.1.2. Scotland 10.2.1.3. Wales 10.2.1.4. Northern Ireland 10.2.2. By Application 10.2.3. By Vehicle Type 10.2.4. By Light Source 10.2.5. By Sales Channel 10.3. Market Attractiveness Analysis 10.3.1. By Region 10.3.2. By Application 10.3.3. By Vehicle Type 10.3.4. By Light Source 10.3.5. By Sales Channel 10.4. Key Takeaways 11. Germany Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Region 11.2.1.1. North-east (Germany) 11.2.1.2. North-west (Germany) 11.2.1.3. Central (Germany) 11.2.1.4. South (Germany) 11.2.1.5. Other(Germany) 11.2.2. By Application 11.2.3. By Vehicle Type 11.2.4. By Light Source 11.2.5. By Sales Channel 11.3. Market Attractiveness Analysis 11.3.1. By Region 11.3.2. By Application 11.3.3. By Vehicle Type 11.3.4. By Light Source 11.3.5. By Sales Channel 11.4. Key Takeaways 12. Italy Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Region 12.2.1.1. North (Italy) 12.2.1.2. Central (Italy) 12.2.1.3. South (Italy) 12.2.1.4. Islands (Italy) 12.2.2. By Application 12.2.3. By Vehicle Type 12.2.4. By Light Source 12.2.5. By Sales Channel 12.3. Market Attractiveness Analysis 12.3.1. By Region 12.3.2. By Application 12.3.3. By Vehicle Type 12.3.4. By Light Source 12.3.5. By Sales Channel 12.4. Key Takeaways 13. France Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Region 13.2.1.1. Northern (France) 13.2.1.2. Central (France) 13.2.1.3. Southern (France) 13.2.1.4. Eastern (France) 13.2.2. By Application 13.2.3. By Vehicle Type 13.2.4. By Light Source 13.2.5. By Sales Channel 13.3. Market Attractiveness Analysis 13.3.1. By Region 13.3.2. By Application 13.3.3. By Vehicle Type 13.3.4. By Light Source 13.3.5. By Sales Channel 13.4. Key Takeaways 14. Spain Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Region 14.2.1.1. Basque Country 14.2.1.2. Andalusia 14.2.1.3. Extremadura 14.2.1.4. Catalonia 14.2.1.5. Valencia 14.2.1.6. Rest of Spain 14.2.2. By Application 14.2.3. By Vehicle Type 14.2.4. By Light Source 14.2.5. By Sales Channel 14.3. Market Attractiveness Analysis 14.3.1. By Region 14.3.2. By Application 14.3.3. By Vehicle Type 14.3.4. By Light Source 14.3.5. By Sales Channel 14.4. Key Takeaways 15. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Application 15.2.2. By Vehicle Type 15.2.3. By Light Source 15.2.4. By Sales Channel 15.3. Market Attractiveness Analysis 15.3.1. By Application 15.3.2. By Vehicle Type 15.3.3. By Light Source 15.3.4. By Sales Channel 15.4. Key Takeaways 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Application 16.3.3. By Vehicle Type 16.3.4. By Light Source 16.3.5. By Sales Channel 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Valeo Lighting Systems 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. Hella KGaA Hueck & Co 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. OSRAM GmbH 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. Magneti Marelli SpA 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. Koninklijke Philips N.V 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. Artemide 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. Marelli 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. ZKW Group 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. Fiem Industries 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 17.1.10. Odelo GmbH 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.10.5.2. Product Strategy 17.1.10.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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