Market Size of us automotive led lighting Industry
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 1.71 Billion |
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Market Size (2030) | USD 2.26 Billion |
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Largest Share by Automotive Utility Lighting | Headlights |
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CAGR (2024 - 2030) | 4.75 % |
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Fastest Growing by Automotive Utility Lighting | Tail Light |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
US Automotive LED Lighting Market Analysis
The US Automotive LED Lighting Market size is estimated at 1.71 billion USD in 2024, and is expected to reach 2.26 billion USD by 2030, growing at a CAGR of 4.75% during the forecast period (2024-2030).
1.71 Billion
Market Size in 2024 (USD)
2.26 Billion
Market Size in 2030 (USD)
-2.86 %
CAGR (2017-2023)
4.75 %
CAGR (2024-2030)
Largest Segment by Automotive Utility Lighting
35.10 %
value share, Headlights, 2023
In United States, Motor vehicle production is high for passenger car category in 2021 accounts for 1.7 million units in 2022.
Largest Segment by Automotive Vehicle Lighting
95.80 %
value share, Passenger Cars, 2023
The passenger car market is expected to come from the electric vehicles. 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.
Fastest-growing Segment by Automotive Utility Lighting
4.76 %
Projected CAGR, Tail Light, 2024-2030
The supportive governmnet policies drives the demand of Tail lights. As per the 49 CFR Section 571.108, every motor vehicle shall be equipped with at least two tail lamps.
Fastest-growing Segment by Automotive Vehicle Lighting
6.90 %
Projected CAGR, 2 Wheelers, 2024-2030
The total sales of LEDs in this category is expected to reach USD 17.9 million by 2023. Growing demand for street bikes and electric 2-Wheeler market drives the market growth.
Leading Market Player
19.06 %
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.
Growing demand for EVs and increasing number of accidents drive the market's growth
- In 2020, automotive LED production decreased because of the COVID-19 pandemic, leading to an automotive semiconductor shortage. The supply chain was also being impacted by difficulties in gaining access to key materials because of the China-US trade war.
- In terms of value share, in 2023, others accounted for the majority of the share, followed by headlights (35.1%), directional signal lights (DSL) (12.7%), stoplights, and daytime running lights (DRL). The market share is expected to remain the same for all lighting during the study period, with a small reduction in others. With the rising accident trend, the penetration rate of fog LED lamps is anticipated to rise. In the United States, the number of motor vehicle deaths reached an estimated 46,000 in 2022. Compared to the pre-pandemic death rate, it increased by nearly 22%.
- In terms of volume share, in 2023, DSL accounted for the majority of the share (26.2%), followed by headlights (17.4%), others, and stoplights. The market share is expected to remain the same for all the lights during the forecast period, with a small reduction in DSLs.
- In terms of expansion and innovations, the United States is one of the significant auto-producing nations in the world. In 2022, the auto industry in the United States produced approximately 10.06 million motor vehicles. It includes passenger cars, light commercial vehicles, heavy trucks, buses and coaches. The key automotive manufacturers in the market are focusing on expanding electric vehicles. The Charging and Fueling Infrastructure Grant Program would grant USD 2.5 billion over five years. Thus, the growth in NEVs (neighborhood electric vehicles) would increase the penetration of automotive LEDs in the market.
US 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.
- In 2020, automotive LED production decreased because of the COVID-19 pandemic, leading to an automotive semiconductor shortage. The supply chain was also being impacted by difficulties in gaining access to key materials because of the China-US trade war.
- In terms of value share, in 2023, others accounted for the majority of the share, followed by headlights (35.1%), directional signal lights (DSL) (12.7%), stoplights, and daytime running lights (DRL). The market share is expected to remain the same for all lighting during the study period, with a small reduction in others. With the rising accident trend, the penetration rate of fog LED lamps is anticipated to rise. In the United States, the number of motor vehicle deaths reached an estimated 46,000 in 2022. Compared to the pre-pandemic death rate, it increased by nearly 22%.
- In terms of volume share, in 2023, DSL accounted for the majority of the share (26.2%), followed by headlights (17.4%), others, and stoplights. The market share is expected to remain the same for all the lights during the forecast period, with a small reduction in DSLs.
- In terms of expansion and innovations, the United States is one of the significant auto-producing nations in the world. In 2022, the auto industry in the United States produced approximately 10.06 million motor vehicles. It includes passenger cars, light commercial vehicles, heavy trucks, buses and coaches. The key automotive manufacturers in the market are focusing on expanding electric vehicles. The Charging and Fueling Infrastructure Grant Program would grant USD 2.5 billion over five years. Thus, the growth in NEVs (neighborhood electric vehicles) would increase the penetration of automotive LEDs in the market.
| 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 |
US Automotive LED Lighting Market Size Summary
The US Automotive LED Lighting Market is poised for steady growth, driven by the increasing adoption of electric vehicles and advancements in lighting technology. The market is characterized by a moderate level of consolidation, with major players like GRUPO ANTOLIN IRAUSA, S.A., KOITO MANUFACTURING CO., LTD., Marelli Holdings Co., Ltd., OSRAM GmbH, and Stanley Electric Co., Ltd. leading the industry. The shift towards electric vehicles is supported by significant government investments and infrastructure developments, such as the Bipartisan Infrastructure Act, which aims to enhance EV charging networks across the country. This transition is expected to boost the demand for automotive LEDs, as they play a crucial role in modern vehicle design and safety features.
The market landscape is also influenced by the recovery from the COVID-19 pandemic, which had previously disrupted production and supply chains, affecting the availability of LED chips. Despite these challenges, the market is expected to maintain its trajectory, with headlights and directional signal lights holding substantial shares. Innovations in LED technology, such as HELLA's FlatLight and Nichia Corporation's high-definition light engine, are set to enhance the functionality and appeal of automotive lighting. As the automotive industry in the US continues to evolve, the integration of advanced LED systems is anticipated to play a pivotal role in meeting safety standards and consumer preferences.
US Automotive LED Lighting Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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1.1 Automotive Utility Lighting
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1.1.1 Daytime Running Lights (DRL)
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1.1.2 Directional Signal Lights
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1.1.3 Headlights
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1.1.4 Reverse Light
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1.1.5 Stop Light
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1.1.6 Tail Light
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1.1.7 Others
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1.2 Automotive Vehicle Lighting
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1.2.1 2 Wheelers
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1.2.2 Commercial Vehicles
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1.2.3 Passenger Cars
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US Automotive LED Lighting Market Size FAQs
How big is the US Automotive LED Lighting Market?
The US Automotive LED Lighting Market size is expected to reach USD 1.71 billion in 2024 and grow at a CAGR of 4.75% to reach USD 2.26 billion by 2030.
What is the current US Automotive LED Lighting Market size?
In 2024, the US Automotive LED Lighting Market size is expected to reach USD 1.71 billion.
