Global Automotive LED Lighting


Executive summary

  • Global automotive LED lighting market is expected to reach $12.43 billion by 2023
  • Growth momentum is expected to accelerate (Compound annual growth rate (CAGR) for 2018-2023 is 10.05%)
  • APAC comprised 48.31% of the overall market share in 2018
  • 56.66% of the incremental growth will originate from APAC
  • Exterior lighting accounted for 67.01% of the market share in 2018
  • Passenger cars accounted for 84.42% of the market share in 2018

Reporting metrics

  • Market share of key countries in 2018
  • The structure of the market in focus
  • Factors that are driving demand
  • Challenges that affect the market dynamics
  • Key trends that are impacting the market
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