North America Automotive LED Lighting Market Size
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 2.19 Billion |
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Market Size (2030) | USD 3.04 Billion |
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Largest Share by Automotive Utility Lighting | Headlights |
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CAGR (2024 - 2030) | 5.59 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Automotive LED Lighting Market Analysis
The North America Automotive LED Lighting Market size is estimated at 2.19 billion USD in 2024, and is expected to reach 3.04 billion USD by 2030, growing at a CAGR of 5.59% during the forecast period (2024-2030).
2.19 Billion
Market Size in 2024 (USD)
3.04 Billion
Market Size in 2030 (USD)
-3.26 %
CAGR (2017-2023)
5.59 %
CAGR (2024-2030)
Largest Segment by Automotive Utility Lighting
40.93 %
value share, Headlights, 2023
The total sales of LEDs in this category is expected to reach USD 908.8 million by 2023. Growing Demand for EV's and Supportive Government Policies Drives the Growth of this category.
Largest Segment by Automotive Vehicle Lighting
91.62 %
value share, Passenger Cars, 2023
In 2022, 5.7% of US car sales were fully electric car sales. Which is up from 3.2% in 2021, 1.7% in 2020, and 1.4% in 2019. The overall sales increased 43% in 2022 compared to 2021.
Largest by Country
78.77 %
value share, United States, 2023
The total sales of LEDs in this category is expected to reach USD 1749 million by 2023. The U.S. vehicle production increased from 8.8 million units in 2020 up to 9.1 million units in 2021.
Fastest-growing Segment by Country
4.75 %
Projected CAGR, United States, 2024-2030
Electrification of cars in the United States significantly accelerated in early 2023, out of 1.24 million new light vehicles registered in January 2023, 87,708 units, or 7.1% were all-electric.
Leading Market Player
20.49 %
market share, OSRAM GmbH., 2022
In 2022, it introduced a new, hyper-efficient automotive LEDs for front lighting system, the OSLON Black Flat X series and also, it is focusing on implementing projection lighting systems in new passenger car designs.
Rising accident trend, penetration rate of fog LED lamps, and increasing sales of electric vehicles drive market growth
- In terms of value, in 2022, headlights accounted for a major share, followed by others (miniature LED lights, LED license plate lights, fog lights, and interior LED lights), directional signal lights (DSLs), daytime running lights, and stop lights. The market share is expected to remain the same for all lights, with a small reduction in others and DSLs, and grow for headlights. With the rising accident trend, the penetration rate of fog LED lamps is anticipated to rise. In the US, the number of motor vehicle deaths reached an estimated 46,000 in 2022 compared to the pre-pandemic death rate, an increase of nearly 22%.
- In terms of volume, in 2022, directional signal lights accounted for a major share, followed by headlights, others (miniature LED lights, LED license plate lights, fog lights, and interior LED lights), and stop lights. External lights are the prime parts that have a high probability of getting affected in minor to major accidents in all types of vehicles and require replacement.
- The year 2022 ended with new light-vehicle sales reaching 13.7 million units. The Y-o-Y 2022 sales decreased by 8.2% compared to 2021, with the decrease primarily attributed to the ongoing microchip shortage and additional supply chain disruptions. With sales of hybrid, plug-in hybrid, and battery electric vehicles (BEVs) accounting for 12.3% of all new vehicle sales in 2022, an increase of 2.7% from 2021, alternative fuel vehicles gained market share. Thus, the increase in vehicle sales resulted in an increase in the requirement for LED lights.
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Adoption of EVs across countries and favorable laws to develop local automotive industry drive the demand for LED lighting
- In terms of value, in 2022, the US LED light market accounted for the majority of the share, followed by the Rest of North America (RONA). The market share is expected to decline for the US and increase for the Rest of North America, with less fluctuation in the coming years. The domestic vehicle production in the US increased from 9.1 million units in 2021 to 10.06 million units in 2022. The vehicle production includes cars and commercial vehicles. In Canada, in 2022, vehicle production increased by 10.2% compared to 2021, accounting for 1.2 million units. The increase in domestic vehicle production creates more demand for automotive LEDs in the market.
- The demand for EVs grew across many countries in North America. Mexico saw 1.08 million new car sales in 2022, a 7% improvement from 2021, and US EV sales increased by 65% in 2022.
- In sub-sectors of the automotive industry, the US and Mexican commercial services experienced strong opportunities in OE parts, aftermarket, and electric vehicle (EV) parts. The value of Mexican automotive parts for OEMs and aftermarket production increased from USD 78.4 billion in 2020 to USD 94.7 billion in 2021, and it is expected to reach more than USD 101 billion by 2022.
- The United States, Mexico, Canada Agreement (USMCA) went into effect on July 1, 2020. The USMCA requirement stated that 75% of a vehicle’s content must be produced in North America and that core auto parts originate from the United States, Canada, or Mexico. Considering the above-mentioned factors, such as the adoption of EVs and favorable laws to develop the local automotive industry, the growth of LEDs is expected across North America in the coming years.
North America Automotive LED Lighting Market Trends
The LED market is driven by investments by EVs and battery producers to increase automotive production
- The total automobile vehicle production in North America was 14.54 million units in 2022, and it is expected to reach 15.06 million units in 2023. One of the biggest manufacturing sectors in North America is the automotive sector. However, the COVID-19 pandemic caused two significant shocks to the region's automobile industry, which had a significant negative impact on production, sales, and foreign trade in 2020 and 2021. Thus, the disruption in the supply chain and production of automotive vehicles negatively affected the LED lighting business in the region.
- March saw an almost 31% year-over-year fall in the US light car production. Only one plant was operating for one week at the end of April, so there needed to be a higher level of light vehicle production. The auto industry also voiced concerns regarding its supply networks. ZF, a German supplier, has facilities in the United States and revealed plans to reduce its global employment by 10% by the end of May 2020. Several worldwide supply chain disruptions impacted manufacturing in the United States: Mercedes-Benz resumed its Vance, Alabama, facility on April 27; however, due to a scarcity of parts, production had to be briefly halted on May 15. This disruption created a downfall in semiconductors used in the automotive industry.
- Further, the demand for EVs is rapidly increasing in North America due to government initiatives. The Inflation Reduction Act was passed in August 2022, and between that time and March 2023, major EV and battery producers announced investments in North American EV supply chains worth at least USD 52 billion. Such initiatives in the interest of consumers and manufacturers will boost the LED lighting business in the region.
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Government investments to drive the sales of electric vehicle and propel the growth of LED lighting
- Most of the EV sales in the North American region come from the US, Canada, and Mexico. In 2022, US BEV sales increased by 65% compared to 2021, and Tesla continues to dominate the EV market. In 2022, Mexico sales were only 0.5% of 1,090,000 total vehicle sales were fully electric, a percentage that falls well below other markets, such as China, Europe, and the United States. In Canada, during Q4 2022, battery electric vehicles (BEVs) alone had 27,754 new registrations, and plug-in hybrid electric vehicles (PHEVs) had 5,645 new registrations.
- To expand further, the US government issued a trillion-dollar infrastructure bill in 2021 that allocates USD 7.5 billion toward building 500,000 more public EV chargers by 2030 and also made investments in EV manufacturing by providing tax benefits of USD 7,500 for purchasing an EV assembled in the US. Also, Tesla, one of the significant players in EVs, committed to delivering around 3,500 of its US Supercharger stations and 4,000 Level 2 charging docks available to all brands of electric vehicles by the end of 2024.
- GM Canada invested more than USD 2 billion in Canada to transform manufacturing facilities in Ingersoll and Oshawa and expects electric vehicle production by the end of 2022. By 2030, Georgia, Kentucky, and Michigan are expected to dominate electric vehicle battery manufacturing in the United States. This EV battery manufacturing capacity will facilitate the production of 10 to 13 million batteries for all-electric vehicles per year, positioning the United States as a global EV competitor. Thus, the above instances lead to the development and production of new power stations because of the growing demand for EVs, which boosts the demand for automotive LEDs in the region.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Government initiatives to expand EV industry will boost the LED market.
- Financing options by banks to drive the growth of LED market
- Increasing government initiatives to promote the adoption of LED lights
- Adoption of smart traffic monitoring systems and increasing government initiatives to drive the growth of LED lights
- 62% of builders using incentives to get buyers for residential housing and investment in commercial spaces to increase the growth of LED lights
- Increasing headlight penetration by major manufacturers to drive the growth of the LED market
- Increase in private-owned dwellings and government policy to drive the LED market
- Increasing subsidies for using energy-efficient equipment to drive the growth of LED lighting
North America Automotive LED Lighting Industry Overview
The North America Automotive LED Lighting Market is moderately consolidated, with the top five companies occupying 53.61%. The major players in this market are GRUPO ANTOLIN IRAUSA, S.A., KOITO MANUFACTURING CO., LTD., Marelli Holdings Co., Ltd., OSRAM GmbH. and Stanley Electric Co., Ltd. (sorted alphabetically).
North America Automotive LED Lighting Market Leaders
GRUPO ANTOLIN IRAUSA, S.A.
KOITO MANUFACTURING CO., LTD.
Marelli Holdings Co., Ltd.
OSRAM GmbH.
Stanley Electric Co., Ltd.
Other important companies include HELLA GmbH & Co. KGaA (FORVIA), Hyundai Mobis, Nichia Corporation, Valeo, ZKW Group.
*Disclaimer: Major Players sorted in alphabetical order.
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North America Automotive LED Lighting Market News
- March 2023: HELLA expanded Black Magic auxiliary headlamp series with 32 new lightbars. Range expansion includes 14 lightbars with ECE approval for on-road use and 18 light-bars for off-road applications
- January 2023: HELLA introduced FlatLight technology into series production as a daytime running light for the first time. The lighting concept is successfully transferred from the rear combination lamp to an application in the front area; series production starts in 2025.
- January 2023: Nichia Corporation and Infineon Technologies AG announced the joint development of a high-definition (HD) light engine with more than 16,000 micro-LEDs for headlight applications.
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.
North America 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 United States
- 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 United States
- 5.3.2 Rest of North America
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 GRUPO ANTOLIN IRAUSA, S.A.
- 6.4.2 HELLA GmbH & Co. KGaA (FORVIA)
- 6.4.3 Hyundai Mobis
- 6.4.4 KOITO MANUFACTURING CO., LTD.
- 6.4.5 Marelli Holdings Co., Ltd.
- 6.4.6 Nichia Corporation
- 6.4.7 OSRAM GmbH.
- 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, NORTH AMERICA, 2017 - 2030
- Figure 2:
- HUMAN POPULATION IN MILLION, NUMBERS, NORTH AMERICA, 2017 - 2030
- Figure 3:
- PER CAPITA INCOME, USD, NORTH AMERICA, 2017 - 2030
- Figure 4:
- INTEREST RATE FOR AUTO LOANS, %, NORTH AMERICA, 2017 - 2022
- Figure 5:
- COUNT OF CHARGING STATIONS, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 6:
- COUNT OF AUTOMOBILES ON-ROAD IN MILLION, NUMBERS, NORTH AMERICA, 2017 - 2030
- Figure 7:
- VALUE OF LED IMPORTS, USD MILLION, NORTH AMERICA, 2017 - 2030
- Figure 8:
- COUNT OF HOUSEHOLDS, MILLION, NORTH AMERICA, 2017 - 2030
- Figure 9:
- LENGTH OF ROAD NETWORKS, KM, NORTH AMERICA, 2017 - 2030
- Figure 10:
- LED PENETRATION, %, NORTH AMERICA, 2017 - 2030
- Figure 11:
- VOLUME SALES OF NORTH AMERICA AUTOMOTIVE LED LIGHTING MARKET, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 12:
- VALUE SALES OF NORTH AMERICA AUTOMOTIVE LED LIGHTING MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 13:
- VOLUME SALES OF LED FIXTURES BY AUTOMOTIVE UTILITY LIGHTING, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 14:
- VALUE SALES OF LED FIXTURES BY AUTOMOTIVE UTILITY LIGHTING, USD, NORTH AMERICA, 2017 - 2030
- Figure 15:
- VALUE SHARE OF LED FIXTURES BY AUTOMOTIVE UTILITY LIGHTING, %, NORTH AMERICA, 2017 - 2030
- Figure 16:
- VOLUME SHARE OF LED FIXTURES BY AUTOMOTIVE UTILITY LIGHTING, %, NORTH AMERICA, 2017 - 2030
- Figure 17:
- VOLUME SALES OF LED FIXTURES IN DAYTIME RUNNING LIGHTS (DRL), NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 18:
- VALUE SALES OF LED FIXTURES IN DAYTIME RUNNING LIGHTS (DRL), USD, NORTH AMERICA, 2017 - 2030
- Figure 19:
- VALUE SHARE OF DAYTIME RUNNING LIGHTS (DRL) BY AUTOMOTIVE UTILITY LIGHTING, %, NORTH AMERICA, 2022 VS 2030
- Figure 20:
- VOLUME SALES OF LED FIXTURES IN DIRECTIONAL SIGNAL LIGHTS, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 21:
- VALUE SALES OF LED FIXTURES IN DIRECTIONAL SIGNAL LIGHTS, USD, NORTH AMERICA, 2017 - 2030
- Figure 22:
- VALUE SHARE OF DIRECTIONAL SIGNAL LIGHTS BY AUTOMOTIVE UTILITY LIGHTING, %, NORTH AMERICA, 2022 VS 2030
- Figure 23:
- VOLUME SALES OF LED FIXTURES IN HEADLIGHTS, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 24:
- VALUE SALES OF LED FIXTURES IN HEADLIGHTS, USD, NORTH AMERICA, 2017 - 2030
- Figure 25:
- VALUE SHARE OF HEADLIGHTS BY AUTOMOTIVE UTILITY LIGHTING, %, NORTH AMERICA, 2022 VS 2030
- Figure 26:
- VOLUME SALES OF LED FIXTURES IN REVERSE LIGHT, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 27:
- VALUE SALES OF LED FIXTURES IN REVERSE LIGHT, USD, NORTH AMERICA, 2017 - 2030
- Figure 28:
- VALUE SHARE OF REVERSE LIGHT BY AUTOMOTIVE UTILITY LIGHTING, %, NORTH AMERICA, 2022 VS 2030
- Figure 29:
- VOLUME SALES OF LED FIXTURES IN STOP LIGHT, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 30:
- VALUE SALES OF LED FIXTURES IN STOP LIGHT, USD, NORTH AMERICA, 2017 - 2030
- Figure 31:
- VALUE SHARE OF STOP LIGHT BY AUTOMOTIVE UTILITY LIGHTING, %, NORTH AMERICA, 2022 VS 2030
- Figure 32:
- VOLUME SALES OF LED FIXTURES IN TAIL LIGHT, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 33:
- VALUE SALES OF LED FIXTURES IN TAIL LIGHT, USD, NORTH AMERICA, 2017 - 2030
- Figure 34:
- VALUE SHARE OF TAIL LIGHT BY AUTOMOTIVE UTILITY LIGHTING, %, NORTH AMERICA, 2022 VS 2030
- Figure 35:
- VOLUME SALES OF LED FIXTURES IN OTHERS, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 36:
- VALUE SALES OF LED FIXTURES IN OTHERS, USD, NORTH AMERICA, 2017 - 2030
- Figure 37:
- VALUE SHARE OF OTHERS BY AUTOMOTIVE UTILITY LIGHTING, %, NORTH AMERICA, 2022 VS 2030
- Figure 38:
- VOLUME SALES OF LED FIXTURES BY AUTOMOTIVE VEHICLE LIGHTING, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 39:
- VALUE SALES OF LED FIXTURES BY AUTOMOTIVE VEHICLE LIGHTING, USD, NORTH AMERICA, 2017 - 2030
- Figure 40:
- VALUE SHARE OF LED FIXTURES BY AUTOMOTIVE VEHICLE LIGHTING, %, NORTH AMERICA, 2017 - 2030
- Figure 41:
- VOLUME SHARE OF LED FIXTURES BY AUTOMOTIVE VEHICLE LIGHTING, %, NORTH AMERICA, 2017 - 2030
- Figure 42:
- VOLUME SALES OF LED FIXTURES IN 2 WHEELERS, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 43:
- VALUE SALES OF LED FIXTURES IN 2 WHEELERS, USD, NORTH AMERICA, 2017 - 2030
- Figure 44:
- VOLUME SALES OF LED FIXTURES IN COMMERCIAL VEHICLES, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 45:
- VALUE SALES OF LED FIXTURES IN COMMERCIAL VEHICLES, USD, NORTH AMERICA, 2017 - 2030
- Figure 46:
- VOLUME SALES OF LED FIXTURES IN PASSENGER CARS, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 47:
- VALUE SALES OF LED FIXTURES IN PASSENGER CARS, USD, NORTH AMERICA, 2017 - 2030
- Figure 48:
- VOLUME SALES OF LED FIXTURES BY COUNTRY, NUMBER, NORTH AMERICA, 2017 - 2030
- Figure 49:
- VALUE SALES OF LED FIXTURES BY COUNTRY, USD, NORTH AMERICA, 2017 - 2030
- Figure 50:
- VALUE SHARE OF LED FIXTURES BY COUNTRY, %, NORTH AMERICA, 2017 - 2030
- Figure 51:
- VOLUME SHARE OF LED FIXTURES BY COUNTRY, %, NORTH AMERICA, 2017 - 2030
- Figure 52:
- VOLUME SALES OF LED FIXTURES IN UNITED STATES, NUMBER, UNITED STATES, 2017 - 2030
- Figure 53:
- VALUE SALES OF LED FIXTURES IN UNITED STATES, USD, UNITED STATES, 2017 - 2030
- Figure 54:
- VOLUME SALES OF LED FIXTURES IN REST OF NORTH AMERICA, NUMBER, REST OF NORTH AMERICA, 2017 - 2030
- Figure 55:
- VALUE SALES OF LED FIXTURES IN REST OF NORTH AMERICA, USD, REST OF NORTH AMERICA, 2017 - 2030
- Figure 56:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, NORTH AMERICA, 2017 - 2030
- Figure 57:
- MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2017 - 2030
- Figure 58:
- VALUE SHARE OF MAJOR PLAYERS, %, NORTH AMERICA, 2022
North America 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. United States are covered as segments by Country.
- In terms of value, in 2022, headlights accounted for a major share, followed by others (miniature LED lights, LED license plate lights, fog lights, and interior LED lights), directional signal lights (DSLs), daytime running lights, and stop lights. The market share is expected to remain the same for all lights, with a small reduction in others and DSLs, and grow for headlights. With the rising accident trend, the penetration rate of fog LED lamps is anticipated to rise. In the US, the number of motor vehicle deaths reached an estimated 46,000 in 2022 compared to the pre-pandemic death rate, an increase of nearly 22%.
- In terms of volume, in 2022, directional signal lights accounted for a major share, followed by headlights, others (miniature LED lights, LED license plate lights, fog lights, and interior LED lights), and stop lights. External lights are the prime parts that have a high probability of getting affected in minor to major accidents in all types of vehicles and require replacement.
- The year 2022 ended with new light-vehicle sales reaching 13.7 million units. The Y-o-Y 2022 sales decreased by 8.2% compared to 2021, with the decrease primarily attributed to the ongoing microchip shortage and additional supply chain disruptions. With sales of hybrid, plug-in hybrid, and battery electric vehicles (BEVs) accounting for 12.3% of all new vehicle sales in 2022, an increase of 2.7% from 2021, alternative fuel vehicles gained market share. Thus, the increase in vehicle sales resulted in an increase in the requirement for LED lights.
| 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 | United States |
| Rest of North America |
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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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