Europe Automotive LED Lighting Market Size
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 2.57 Billion |
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Market Size (2030) | USD 3.35 Billion |
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Largest Share by Automotive Utility Lighting | Headlights |
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CAGR (2024 - 2030) | 4.53 % |
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Largest Share by Country | Germany |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Automotive LED Lighting Market Analysis
The Europe Automotive LED Lighting Market size is estimated at 2.57 billion USD in 2024, and is expected to reach 3.35 billion USD by 2030, growing at a CAGR of 4.53% during the forecast period (2024-2030).
2.57 Billion
Market Size in 2024 (USD)
3.35 Billion
Market Size in 2030 (USD)
-3.72 %
CAGR (2017-2023)
4.53 %
CAGR (2024-2030)
Largest Segment by Automotive Utility Lighting
59.87 %
value share, Headlights, 2023
Government mandate to use headlights and increasing partnership agreements for LED lighting to positively influence the segment growth.
Largest Segment by Automotive Vehicle Lighting
83.14 %
value share, Passenger Cars, 2023
By the end of 2021, the number of battery-only electric passenger cars had increased by 75% from the end of 2020, approaching 2 million units.
Largest by Country
29.25 %
value share, Germany, 2023
In Germany, in 2023, Federal government to provide subsidies to local LED chip makers and Increasing developments in advanced lighting to increase use of LED lights
Fastest-growing Segment by Country
5.33 %
Projected CAGR, United Kingdom, 2024-2030
Government support to promote electric vehicles in the country by encouraging manufacturers and consumers will boost the adoption of LEDs in the automotive industry.
Leading Market Player
21.33 %
market share, OSRAM GmbH., 2022
Osram GmbH has the highest market share in Europe. Due to its innovations in the automotive lighting such as in DRL, headlight (night breaker headlight bulbs), the demand from the automotive players has increased in the recent past.
Manufacturers are expected to get approval for exterior vehicle lighting with LED and automakers are expected to invest in road safety, technology, and digitization to increase the use of LED lights
- In terms of value share, in 2023, headlights accounted for the majority, followed by other lights and directional signal lights. Headlights have reduced daily fatalities and accidents. About 20,600 people died in road crashes the previous year, up by 3% from 2021 as traffic recovered from the pandemic. However, this represented 2,000 fewer road fatalities (10% less) compared to the pre-pandemic year of 2019. The goal of reducing road fatalities by 2030 was set by the EU and UN. Hence, it is expected that vehicles will be fitted with LED headlights to reduce the existing rate of road fatalities.
- In terms of volume share, in 2023, directional signal lights accounted for the majority, followed by headlights and other lights. The market share of these lights is expected to remain the same with little fluctuation. Automakers such as Volkswagen, Daimler, Bosch, ZF, and other top European suppliers will spend (USD 161.9 billion) over the next few years on digitalization, electromobility and driving, hydrogen technology, and road safety. This will increase the use of signal lights, thus increasing the use of LED lights in the country.
- The major automakers in the market are focusing on expanding the electric vehicle market. To this end, the European Parliament and Council of 23 April 2009 set emissions standards for new passenger cars as part of the community's integrated approach to reducing CO2 emissions from light commercial vehicles under Council Regulation (EC) No. 443/2009. Manufacturers jointly applied for the approval of efficient exterior vehicle lighting with LED as an innovative technology for vehicles with internal combustion engines and hybrid electric vehicles that do not require external charging. This factor increased the market share of domestic LED lighting.
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Increasing regulations to reduce vehicle CO2 emissions and the development of magnetic electric motors to boost EV demand are expected to boost the market’s growth
- In this segment, the Rest of Europe is expected to occupy a market share of more than 30% in 2023, followed by Germany and Spain, with market shares of more than 20% and 15%, respectively. This is due to an increase in the number of commercial vehicles, two-wheelers, and passenger cars. An increase in electric vehicle adoption is also anticipated to correspond to the market’s growth in other parts of Europe.
- In 2021, Poland had the highest proportion of very old passenger cars, with 41.3% of passenger cars being over 20 years old. The positive development of passenger cars in the region in 2023 was reflected at the country level. The strongest growth was recorded in Spain (+51.4%) and Italy (+19.0%), followed by France (+8.8%), which had slow but steady growth. Hybrid electric vehicles (HEVs) also got off to a strong start in 2021. Sales increased by 22.1% to 197,982 units. This was driven by double-digit growth in the region's four largest markets: Spain (+59.3%), Italy (+24.7%), Germany (+19.0%), and France (+12.5%). This resulted in a market share of 26.0%, an improvement of 2.3 points compared to January 2022.
- Government regulations aimed at reducing vehicle CO2 emissions will further encourage the adoption of LED light sources by European automakers. Automakers are also launching a number of new programs to contribute to sustainability. For example, a new European R&D program to develop cheaper, more efficient, and power-dense permanent magnet electric motors for electric vehicles (EVs) was expected to start in 2023. Mondragon University leads the consortium of eight European partners and includes GKN Automotive.
Europe Automotive LED Lighting Market Trends
Increasing EV sales are expected to drive the LED market in Europe
- The total automobile vehicle production in South Korea was 17.67 million units in 2022, and it is expected to reach 18.33 million units in 2023. The first Chinese factory closures disrupted the supply chains of the European automotive sectors. The average downtime for automotive plants throughout EU Member States was 30 days, with Sweden experiencing the most minor downtime (15 days) and Italy experiencing the highest (41 days). The EU automobile sector lost 3.6 million vehicles from production in the first half of 2020, amounting to a loss of EUR 100 billion (USD 107.9 billion). This number climbed to 4,024,036 motor vehicles by the end of September 2020, accounting for 22.3% of the EU's 2020 production. Such production loss in Europe ultimately had a negative impact on LED lights in the automotive sector.
- Volkswagen Group, Stellantis, Mercedes-Benz, BMW, Porsche, Hurtan, GTA Motors, Audi, and Peugeot are the major automotive car manufacturers in the region. With the rise in EVs and technological advancements in the fuel types utilized in vehicles, the region is seeing a significant transformation in its automotive industry. Battery electric vehicle sales in the EU are still rising quickly. For instance, 12.1% of the 9.1 million vehicles sold in EU markets in 2022 were fully battery electric vehicles, as compared to a share of just 1.9% in 2019 and 9.1% in 2021. About 22.6% of sales were made up of hybrid electric cars, and 9.4% of sales were made up of the more recent and eco-friendly plug-in hybrids. With the growing usage of EVs, the demand for semiconductors and LEDs in vehicle lighting is high due to their efficiency.
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Increasing EV registrations and government policies for EV adoption may drive the growth of the LED market
- The adoption of EVs across Europe is growing rapidly. In Europe, sales of electric vehicles (BEVs, PHEVs, EREVs, and FCEVs) totaled 2.59 million units, up by 15% from 2021 and by 92% from 2020. Norway (79%), Sweden (33%), the Netherlands (23%), and Denmark (21%) had the highest market shares of EV sales in Europe in 2022, followed by Finland, Switzerland, and Germany, with an 18% share of EV registrations each in Europe in 2022. In 2022, battery electric vehicles (BEVs) accounted for 12.1% of the total market share, up from 9.1% in 2021 and 1.9% in 2019.
- In 2016, the number of battery-electric cars in the United Kingdom was 30,669, and by May 2023, this number reached 784,968. More than 265,000 battery-electric vehicles were registered in 2022, a 40% increase over 2021. The British government strongly supports the people who are choosing EVs to increase the number of registered electric vehicles in the United Kingdom. Buyers can benefit from the Plug-In Grant, which offers a discount of up to EUR 2,500 (USD 2,699) on new EVs. Scotland also offers interest-free loans on purchases of new and used EVs.
- As part of a restructuring strategy for the automotive industry, France planned to raise subsidy rates in May 2020. The main reason was a drop in sales caused by the COVID-19 pandemic. The maximum subsidy rate was increased from USD 6,479 to USD 7,558.8 at the time. In mid-2021, the maximum rate was reduced from USD 7,558.8 to USD 6,478.9. In 2023, the government reduced subsidies for electric cars to USD 5,399 from USD 6,478.9, effective from January 2023. It also set a target of producing two million electric vehicles per year by 2030. These advancements in the market are expected to drive the demand for automotive LEDs in the region in the coming years.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Increasing residential housing and non-residential buildings may drive the growth of LED lights
- Sales of used car, auto insurance, and adoption of EVs via government policies may drive the growth of the LED market
- Government policies to limit the use of conventional bulbs and the target to increase EV sales may promote the use of LED lights
- Government investments to construct and expand road infrastructure projects are expected to drive the growth of the LED market
- Increasing vacancy rates and leasing activity of real estate properties may drive the growth of the LED market
- Increasing EV sales may drive the LED market in the region
- Increasing disposable income and government incentives may lead to more LED penetration
- Government regulations and policies to ban the use of fluorescent lighting, as well as smart building initiatives, may drive the use of LED lights in the region
Europe Automotive LED Lighting Industry Overview
The Europe Automotive LED Lighting Market is moderately consolidated, with the top five companies occupying 49.06%. The major players in this market are HELLA GmbH & Co. KGaA, Marelli Holdings Co., Ltd., OSRAM GmbH., Stanley Electric Co., Ltd. and Valeo (sorted alphabetically).
Europe Automotive LED Lighting Market Leaders
HELLA GmbH & Co. KGaA
Marelli Holdings Co., Ltd.
OSRAM GmbH.
Stanley Electric Co., Ltd.
Valeo
Other important companies include HYUNDAI MOBIS, KOITO MANUFACTURING CO., LTD., Phoenix Lamps Ltd (Suprajit Engineering Ltd), Signify (Philips), ZKW Group.
*Disclaimer: Major Players sorted in alphabetical order.
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Europe Automotive LED Lighting Market News
- June 2023: HELLA launched a multifunctional rear lamp for trucks and trailers. The full-LED rear lamp has a central direction indicator light, a stop light, a reverse light and a rear fog light. The tail light with the 144 cm² patented LED light curtain is a real highlight.
- May 2023: Hyundai Mobis develops ‘communicative’ headlamp that displays road signs on the road to prevent nighttime accidents.
- March 2023: With 588 patent applications filed in 2022, Valeo is the prominent French patent filer at the European Patent Office. Valeo's patents in 2022 included the creation of technology to provide enhanced safety to road users through high-definition lighting systems. In 2022, Valeo’s R&D effort amounted to 10.4% of the Group’s turnover.
Free with this Report
We provide a complimentary and exhaustive set of data points on the country and regional level metrics that present the fundamental structure of the industry. Presented in the form of 40+ free charts, the sections cover difficult to find data on various countries on Automotive Production, Lighting Electricity Consumption, Road Network, Number of Stadiums, Number of Charging Stations among others.
Europe Automotive LED Lighting Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Automotive Production
- 4.2 Population
- 4.3 Per Capita Income
- 4.4 Interest Rate For Auto Loans
- 4.5 Number Of Charging Stations
- 4.6 Number Of Automobile On-Road
- 4.7 Total Import Of LEDs
- 4.8 # Of Households
- 4.9 Road Networks
- 4.10 LED Penetration
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4.11 Regulatory Framework
- 4.11.1 France
- 4.11.2 Germany
- 4.11.3 Spain
- 4.11.4 United Kingdom
- 4.12 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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5.1 Automotive Utility Lighting
- 5.1.1 Daytime Running Lights (DRL)
- 5.1.2 Directional Signal Lights
- 5.1.3 Headlights
- 5.1.4 Reverse Light
- 5.1.5 Stop Light
- 5.1.6 Tail Light
- 5.1.7 Others
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5.2 Automotive Vehicle Lighting
- 5.2.1 2 Wheelers
- 5.2.2 Commercial Vehicles
- 5.2.3 Passenger Cars
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5.3 Country
- 5.3.1 France
- 5.3.2 Germany
- 5.3.3 Spain
- 5.3.4 United Kingdom
- 5.3.5 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
- 6.4.1 HELLA GmbH & Co. KGaA
- 6.4.2 HYUNDAI MOBIS
- 6.4.3 KOITO MANUFACTURING CO., LTD.
- 6.4.4 Marelli Holdings Co., Ltd.
- 6.4.5 OSRAM GmbH.
- 6.4.6 Phoenix Lamps Ltd (Suprajit Engineering Ltd)
- 6.4.7 Signify (Philips)
- 6.4.8 Stanley Electric Co., Ltd.
- 6.4.9 Valeo
- 6.4.10 ZKW Group
7. KEY STRATEGIC QUESTIONS FOR LED CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- VOLUME OF AUTOMOTIVE PRODUCTION, MILLION, EUROPE, 2017 - 2030
- Figure 2:
- HUMAN POPULATION IN MILLION, NUMBERS, EUROPE, 2017 - 2030
- Figure 3:
- PER CAPITA INCOME, USD, EUROPE, 2017 - 2030
- Figure 4:
- INTEREST RATE FOR AUTO LOANS, %, EUROPE, 2017 - 2022
- Figure 5:
- COUNT OF CHARGING STATIONS, NUMBER, EUROPE, 2017 - 2030
- Figure 6:
- COUNT OF AUTOMOBILES ON-ROAD IN MILLION, NUMBERS, EUROPE, 2017 - 2030
- Figure 7:
- VALUE OF LED IMPORTS, USD MILLION, EUROPE, 2017 - 2030
- Figure 8:
- COUNT OF HOUSEHOLDS, MILLION, EUROPE, 2017 - 2030
- Figure 9:
- LENGTH OF ROAD NETWORKS, KM, EUROPE, 2017 - 2030
- Figure 10:
- LED PENETRATION, %, EUROPE, 2017 - 2030
- Figure 11:
- VOLUME SALES OF EUROPE AUTOMOTIVE LED LIGHTING MARKET, NUMBER, EUROPE, 2017 - 2030
- Figure 12:
- VALUE SALES OF EUROPE AUTOMOTIVE LED LIGHTING MARKET, USD, EUROPE, 2017 - 2030
- Figure 13:
- VOLUME SALES OF LED FIXTURES BY AUTOMOTIVE UTILITY LIGHTING, NUMBER, EUROPE, 2017 - 2030
- Figure 14:
- VALUE SALES OF LED FIXTURES BY AUTOMOTIVE UTILITY LIGHTING, USD, EUROPE, 2017 - 2030
- Figure 15:
- VALUE SHARE OF LED FIXTURES BY AUTOMOTIVE UTILITY LIGHTING, %, EUROPE, 2017 - 2030
- Figure 16:
- VOLUME SHARE OF LED FIXTURES BY AUTOMOTIVE UTILITY LIGHTING, %, EUROPE, 2017 - 2030
- Figure 17:
- VOLUME SALES OF LED FIXTURES IN DAYTIME RUNNING LIGHTS (DRL), NUMBER, EUROPE, 2017 - 2030
- Figure 18:
- VALUE SALES OF LED FIXTURES IN DAYTIME RUNNING LIGHTS (DRL), USD, EUROPE, 2017 - 2030
- Figure 19:
- VALUE SHARE OF DAYTIME RUNNING LIGHTS (DRL) BY AUTOMOTIVE UTILITY LIGHTING, %, EUROPE, 2022 VS 2030
- Figure 20:
- VOLUME SALES OF LED FIXTURES IN DIRECTIONAL SIGNAL LIGHTS, NUMBER, EUROPE, 2017 - 2030
- Figure 21:
- VALUE SALES OF LED FIXTURES IN DIRECTIONAL SIGNAL LIGHTS, USD, EUROPE, 2017 - 2030
- Figure 22:
- VALUE SHARE OF DIRECTIONAL SIGNAL LIGHTS BY AUTOMOTIVE UTILITY LIGHTING, %, EUROPE, 2022 VS 2030
- Figure 23:
- VOLUME SALES OF LED FIXTURES IN HEADLIGHTS, NUMBER, EUROPE, 2017 - 2030
- Figure 24:
- VALUE SALES OF LED FIXTURES IN HEADLIGHTS, USD, EUROPE, 2017 - 2030
- Figure 25:
- VALUE SHARE OF HEADLIGHTS BY AUTOMOTIVE UTILITY LIGHTING, %, EUROPE, 2022 VS 2030
- Figure 26:
- VOLUME SALES OF LED FIXTURES IN REVERSE LIGHT, NUMBER, EUROPE, 2017 - 2030
- Figure 27:
- VALUE SALES OF LED FIXTURES IN REVERSE LIGHT, USD, EUROPE, 2017 - 2030
- Figure 28:
- VALUE SHARE OF REVERSE LIGHT BY AUTOMOTIVE UTILITY LIGHTING, %, EUROPE, 2022 VS 2030
- Figure 29:
- VOLUME SALES OF LED FIXTURES IN STOP LIGHT, NUMBER, EUROPE, 2017 - 2030
- Figure 30:
- VALUE SALES OF LED FIXTURES IN STOP LIGHT, USD, EUROPE, 2017 - 2030
- Figure 31:
- VALUE SHARE OF STOP LIGHT BY AUTOMOTIVE UTILITY LIGHTING, %, EUROPE, 2022 VS 2030
- Figure 32:
- VOLUME SALES OF LED FIXTURES IN TAIL LIGHT, NUMBER, EUROPE, 2017 - 2030
- Figure 33:
- VALUE SALES OF LED FIXTURES IN TAIL LIGHT, USD, EUROPE, 2017 - 2030
- Figure 34:
- VALUE SHARE OF TAIL LIGHT BY AUTOMOTIVE UTILITY LIGHTING, %, EUROPE, 2022 VS 2030
- Figure 35:
- VOLUME SALES OF LED FIXTURES IN OTHERS, NUMBER, EUROPE, 2017 - 2030
- Figure 36:
- VALUE SALES OF LED FIXTURES IN OTHERS, USD, EUROPE, 2017 - 2030
- Figure 37:
- VALUE SHARE OF OTHERS BY AUTOMOTIVE UTILITY LIGHTING, %, EUROPE, 2022 VS 2030
- Figure 38:
- VOLUME SALES OF LED FIXTURES BY AUTOMOTIVE VEHICLE LIGHTING, NUMBER, EUROPE, 2017 - 2030
- Figure 39:
- VALUE SALES OF LED FIXTURES BY AUTOMOTIVE VEHICLE LIGHTING, USD, EUROPE, 2017 - 2030
- Figure 40:
- VALUE SHARE OF LED FIXTURES BY AUTOMOTIVE VEHICLE LIGHTING, %, EUROPE, 2017 - 2030
- Figure 41:
- VOLUME SHARE OF LED FIXTURES BY AUTOMOTIVE VEHICLE LIGHTING, %, EUROPE, 2017 - 2030
- Figure 42:
- VOLUME SALES OF LED FIXTURES IN 2 WHEELERS, NUMBER, EUROPE, 2017 - 2030
- Figure 43:
- VALUE SALES OF LED FIXTURES IN 2 WHEELERS, USD, EUROPE, 2017 - 2030
- Figure 44:
- VOLUME SALES OF LED FIXTURES IN COMMERCIAL VEHICLES, NUMBER, EUROPE, 2017 - 2030
- Figure 45:
- VALUE SALES OF LED FIXTURES IN COMMERCIAL VEHICLES, USD, EUROPE, 2017 - 2030
- Figure 46:
- VOLUME SALES OF LED FIXTURES IN PASSENGER CARS, NUMBER, EUROPE, 2017 - 2030
- Figure 47:
- VALUE SALES OF LED FIXTURES IN PASSENGER CARS, USD, EUROPE, 2017 - 2030
- Figure 48:
- VOLUME SALES OF LED FIXTURES BY COUNTRY, NUMBER, EUROPE, 2017 - 2030
- Figure 49:
- VALUE SALES OF LED FIXTURES BY COUNTRY, USD, EUROPE, 2017 - 2030
- Figure 50:
- VALUE SHARE OF LED FIXTURES BY COUNTRY, %, EUROPE, 2017 - 2030
- Figure 51:
- VOLUME SHARE OF LED FIXTURES BY COUNTRY, %, EUROPE, 2017 - 2030
- Figure 52:
- VOLUME SALES OF LED FIXTURES IN FRANCE, NUMBER, FRANCE, 2017 - 2030
- Figure 53:
- VALUE SALES OF LED FIXTURES IN FRANCE, USD, FRANCE, 2017 - 2030
- Figure 54:
- VOLUME SALES OF LED FIXTURES IN GERMANY, NUMBER, GERMANY, 2017 - 2030
- Figure 55:
- VALUE SALES OF LED FIXTURES IN GERMANY, USD, GERMANY, 2017 - 2030
- Figure 56:
- VOLUME SALES OF LED FIXTURES IN SPAIN, NUMBER, SPAIN, 2017 - 2030
- Figure 57:
- VALUE SALES OF LED FIXTURES IN SPAIN, USD, SPAIN, 2017 - 2030
- Figure 58:
- VOLUME SALES OF LED FIXTURES IN UNITED KINGDOM, NUMBER, UNITED KINGDOM, 2017 - 2030
- Figure 59:
- VALUE SALES OF LED FIXTURES IN UNITED KINGDOM, USD, UNITED KINGDOM, 2017 - 2030
- Figure 60:
- VOLUME SALES OF LED FIXTURES IN REST OF EUROPE, NUMBER, REST OF EUROPE, 2017 - 2030
- Figure 61:
- VALUE SALES OF LED FIXTURES IN REST OF EUROPE, USD, REST OF EUROPE, 2017 - 2030
- Figure 62:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, EUROPE, 2017 - 2030
- Figure 63:
- MOST ADOPTED STRATEGIES, COUNT, EUROPE, 2017 - 2030
- Figure 64:
- VALUE SHARE OF MAJOR PLAYERS, %, EUROPE, 2022
Europe Automotive LED Lighting Industry Segmentation
Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others are covered as segments by Automotive Utility Lighting. 2 Wheelers, Commercial Vehicles, Passenger Cars are covered as segments by Automotive Vehicle Lighting. France, Germany, Spain, United Kingdom are covered as segments by Country.
- In terms of value share, in 2023, headlights accounted for the majority, followed by other lights and directional signal lights. Headlights have reduced daily fatalities and accidents. About 20,600 people died in road crashes the previous year, up by 3% from 2021 as traffic recovered from the pandemic. However, this represented 2,000 fewer road fatalities (10% less) compared to the pre-pandemic year of 2019. The goal of reducing road fatalities by 2030 was set by the EU and UN. Hence, it is expected that vehicles will be fitted with LED headlights to reduce the existing rate of road fatalities.
- In terms of volume share, in 2023, directional signal lights accounted for the majority, followed by headlights and other lights. The market share of these lights is expected to remain the same with little fluctuation. Automakers such as Volkswagen, Daimler, Bosch, ZF, and other top European suppliers will spend (USD 161.9 billion) over the next few years on digitalization, electromobility and driving, hydrogen technology, and road safety. This will increase the use of signal lights, thus increasing the use of LED lights in the country.
- The major automakers in the market are focusing on expanding the electric vehicle market. To this end, the European Parliament and Council of 23 April 2009 set emissions standards for new passenger cars as part of the community's integrated approach to reducing CO2 emissions from light commercial vehicles under Council Regulation (EC) No. 443/2009. Manufacturers jointly applied for the approval of efficient exterior vehicle lighting with LED as an innovative technology for vehicles with internal combustion engines and hybrid electric vehicles that do not require external charging. This factor increased the market share of domestic LED lighting.
| Automotive Utility Lighting | Daytime Running Lights (DRL) |
| Directional Signal Lights | |
| Headlights | |
| Reverse Light | |
| Stop Light | |
| Tail Light | |
| Others | |
| Automotive Vehicle Lighting | 2 Wheelers |
| Commercial Vehicles | |
| Passenger Cars | |
| Country | France |
| Germany | |
| Spain | |
| United Kingdom | |
| Rest of Europe |
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Market Definition
- INDOOR LIGHTING - It incorporates all LED based lamps and fixtures/luminaire that are used to illuminate indoor section of residential, commercial, industrial buildings and agricultural lighting. LED offers efficient brightness with higher durability in comparison to other lighting technology.
- OUTDOOR LIGHTING - It incorporates the LED lighting fixtures that is used for illumination for exterior/outdoor illumination. For instance, LED lighting fixtures used to illuminate streets and highways, transport hubs, stadiums and other public places such as parking spaces.
- AUTOMOTIVE LIGHTING - It refers to the lighting fixtures installed for illumination and signaling purposes. It is used in both exterior and interior lighting of the vehicle. Headlamps, fog lamp, daytime running light (DRLs) are examples of exterior light whereas cabin light are interior lights.
- END USER - It refers to the end use application area where the LED fixture will be installed. For instance, in terms of indoor lighting, we have residential, commercial and industrial as end user category. For automotive lighting, primary end user considered are automotive manufacturers and aftermarket sale
| Keyword | Definition |
|---|---|
| Lumen | Lumen is a unit of luminous flux in the International System of Units that is equal to the amount of light given out through a solid angle by a source of one-candela intensity radiating equally in all directions. |
| Footcandle | A foot-candle (or foot-candle, fc, lm/ft2, or ft-c) is a measurement of light intensity. One foot-candle is defined as enough light to saturate a one-foot square with one lumen of light. |
| Colour Rendering Index (CRI) | Color Rendering Index (CRI) is a measurement of how natural colors render under an artificial white light source when compared with sunlight. The index is measured from 0-100, with a perfect 100 indicating that colors of objects under the light source appear the same as they would under natural sunlight. |
| Luminous flux | Luminous flux is a measure of the power of visible light produced by a light source or light fitting. It is measured in lumens (lm). |
| Annual Energy Cost | Annual Energy Cost means the average daily energy consumption multiplied by 365 (days per year), expressed in kilowatt hour per year (kWh/a). |
| Constant voltage drivers | Constant voltage drivers are designed for a single direct current (DC) output voltage. Most common constant voltage drivers (or Power Supplies) are 12VDC or 24VDC. An LED light that is rated for constant voltage usually specifies the amount of input voltage it needs to operate correctly. |
| Constant Current Driver | Constant current LED drivers are designed for a designated range of output voltages and a fixed output current (mA). LEDs that are rated to operate on a constant current driver require a designated supply of current usually specified in milliamps (mA) or amps (A). These drivers vary the voltage along an electronic circuit which allows current to remain constant throughout the LED system. |
| Minimum Energy Performance Standards (MEPS) | Minimum Energy Performance Standards specify the minimum level of energy performance that appliances and equipment must meet or exceed before they can supply or used for commercial purposes. |
| Luminous Efficacy | Luminous efficacy is a measurement commonly used in the lighting industry that indicates the ability of a light source to emit visible light using a given amount of power. |
| Solid State Lighting | Solid-state lighting (SSL) is a type of lighting that uses semiconductor light-emitting diodes (LEDs), organic light-emitting diodes (OLED), or polymer light-emitting diodes (PLED) as sources of illumination rather than electrical filaments, plasma (used in arc lamps such as fluorescent lamps), or gas. |
| Rated Lamp Life | Lamp life, also referred to as rated life, is the time in hours a lamp will last before a percentage of lamps will burn out. |
| Color Temperature | Colour temperature is a scale that measures how ‘warm’ (yellow) or ‘cool’ (blue) the light from a particular source is. It is measured in degrees of the Kelvin scale (abbreviated to K), and the higher the number, the ‘cooler’ the light. The lower the ‘K’ number, the ‘warmer’ the light. |
| Ingress Protection rating (IP rating) | The IP (Ingress Protection) rating of a bulb or light fixture declares the level of protection it has against dirt and water. |
| Fidelity Index | The general colour fidelity index, Rf, represents how closely the colour appearances of the entire sample set are reproduced (rendered) on average by a test light as compared to those under a reference illuminant. |
| Gamut Index | The gamut area is defined as “the area enclosed by a set of test color samples illuminated by a light source, in a two-dimensional chromaticity diagram or a plane of color space.”1 Within a defined color space, a “gamut” describes the subset of colors that can be perceived under specific lighting conditions. |
| Binning | In the lighting industry, the act of "binning" of LEDs is the process of sorting LEDs by certain characteristics, such as color, voltage, and brightness. |
| Accent lighting | Accent lighting, also called highlighting, emphasizes objects by focusing light directly on them. Accent lighting is used inside and outside the home to feature locations such as an entrance or to create dramatic effects. |
| Dimmable driver | A dimming driver has two functions: As a driver, it converts the 230V AC mains input to a low voltage DC output. As a dimmer, it reduces the amount of electrical energy flowing to the LEDs, thereby causing them to dim. |
| Flicker | Flicker is the repeated and frequent variation in the output of a light source over time. |
| Fluorescent | A property of materials defined as the ability to emit light after absorbing electromagnetic radiation such as visible or UV light. |
| Candela | The candela is the unit of luminous intensity in the International System of Units. It measures the light output per unit solid angle emitted from a light source in a specific direction. |
| LUX | Lux is used to measure the amount of light output in a given area - one lux is equal to one lumen per square meter. It enables us to measure the total "amount" of visible light present and the intensity of the illumination on a surface. |
| Uniformity (U0) | The uniformity of lighting has significant effects on visual performance in both indoor and outdoor areas. Uniformity (represented as U0) value can be found by dividing the minimum brightness (Emin) resulting from calculations according to the current lighting order, to the average brightness value (Eavg). |
| Visible Light Spectrum | The visible light spectrum is the segment of the electromagnetic spectrum that the human eye can view. More simply, this range of wavelengths is called visible light. Typically, the human eye can detect wavelengths from 380 to 700 nanometers. |
| Ambient Temperature | Ambient Temperature is the temperature of the air surrounding an electrical enclosure. |
| Current-controlled dimming control | Current-controlled dimming controls LED brightness by varying the applied current using a 0-10V dimmer. Current-controlled dimming is smooth and HD-video friendly. It can only dim to a minimum of 5% of light output. |
| Design Light Consortium | It is a partnership of energy efficiency stakeholders in the United States and Canada to “promote quality, performance and energy efficient lighting solutions for the commercial sector”. |
| Pulse Width Modulation | Pulse-width modulation, or pulse-duration modulation, is a method of controlling the average power delivered by an electrical signal. |
| Surface Mounted Device | A surface mount device (SMD) is an electronic device whose components are mounted or placed directly on the surface of a printed circuit board. |
| Alternating Current | Alternating current is an electric current which periodically reverses direction and changes its magnitude continuously with time, in contrast to direct current, which flows only in one direction. |
| Direct Current | Direct current (DC) is an electric current that is uni-directional, so the flow of charge is always in the same direction. |
| Beam Angle | Beam angle (also called beam spread) is a measure of how light is distributed. On any plane perpendicular to the centerline of the light, the beam angle is the angle between two rays where the light intensity is 50% of the maximum light intensity. |
| LED Based Solar High Mast Lighting Systems | A Solar LED High Mast Light is a raised source of High illumination lights (6~8 lights) and with high intensity on the middle of major junctions (Ring roads, Outer Ring roads), turned on or lit automatically in the absence of light (at specified timings or at periodic times, every night). |
| Surface Mounted Diode (SMD) LEDs | A surface mount diode is a type that emits light and is flat mounted and soldered onto a circuit board. |
| Chip on Board (COB) LEDs | A COB LED is basically multiple LED chips (usually 9 or more) glued directly onto a substrate by the manufacturer to form a single module. |
| Dual In-Line Package (DIP) LEDs | A dual in-line package (DIP or DIL) is an electronic component package with a rectangular case and two parallel rows of electrical connector pins. |
| Graphene LED Lights | A graphene LED light bulb is simply an LED light bulb where the filament has been coated in graphene. A graphene LED bulb is reported to be 10% more efficient than regular LED light bulbs and they are cheaper to manufacture and buy. |
| LED Corn Bulbs | LED Corn lights are designed as an energy efficient alternative to high intensity discharge (HID) and SON lamps. It uses a large number of LEDs on a metal structure to provide sufficient light. This arrangement of LEDs looks a lot like a corn cob, hence the name "corn light". |
| Per Capita Income | Per capita income or total income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size. |
| Charging Stations | A charging station, also known as a charging station or electric vehicle utility, is a power supply that provides electrical energy for charging plug-in electric vehicles. |
| Headlight | A headlight is a light that is mounted on the front of a car and illuminates the road in front of it. Low beam and high beam LED headlights are additional categories for these LED headlights. |
| Day Time Running Light (DRLs) | A daytime running lamp is a white, yellow, or amber lighting device mounted on the front of a road-going motor vehicle or bicycle. |
| Directional Signal Light | Directional signal lights are the front and rear lights on an automobile that flash to show the direction of a turn. |
| Stop Light | A red light that is mounted to the back of a car and turns on when the brakes are used to show that the car is stopped. |
| Reverse Light | The reverse light is at the back of the vehicle to indicate its backward motion. |
| Tail Light | A red light that can be seen in the dark is mounted on the rear of a road vehicle. Stop, reverse, and directional signal lights are all part of it. |
| Fog Light | Bright lights in automobiles used to increase visibility on the road in foggy conditions or to warn other drivers of the presence of the vehicle. |
| Passenger Vehicle | A passenger vehicle is a road vehicle, other than a moped or a motorcycle, intended for the transportation of people and designed for up to 8 to 9 seats. |
| Commercial Vehicle | A commercial vehicle (Bus, Truck, Van) is any type of motor vehicle used to transport goods or pay passengers. |
| Two Wheelers (2W) | A two-wheeler is a vehicle that runs on two wheels. |
| Streets & Roadways | Both roads and streets refer to hard, flat surfaces on the ground on which vehicles, people, and animals can travel. Since streetways are usually in cities and towns, they often have houses and buildings on both sides. The roadway is in the countryside and sometimes passes through forests and fields |
| Horticulture Lighting | Horticulture is the science and art of sustainably growing, producing, marketing and using high quality, intensively cultivated food and ornamental plants. |
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Research Methodology
Mordor Intelligence has followed the following methodology in all our data center reports.
- Step 1: Raw Data Collection: To understand the market, initially, all crtical data points were identified. Critical information about countries and regions of interest including Per-capita Income, Population, Automotive Production, Interest rate on Auto-Loans, Number of Automobiles on Road, Total LED Import, Lighting Electricity Consumption among others were recorded or estimated based on internal calculations.
- Step 2: Identify Key Variables: To build a robust forecasting model, key variables such as Number of Households, Automotive Production, Road Networks among others were identified. Through an iterative process, the variables required for the market forecast were set, and the model was built using these variables.
- Step 3: Build a Market Model: Based on data and critical industry trend data (variables), including LED pricing, LED penetration rate, and project macro and micor economic factors were utilized for building the market forecasting.
- Step 4: Validate and Finalize: In this crucial step, all market numbers and variables derived through an internal mathematical model were validated through an extensive network of primary research experts from all the markets studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step 5: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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