Automotive Lamps Market Summary
The Global Automotive Lamps Market is projected to grow from 76.6 USD Billion in 2024 to 92.3 USD Billion by 2035.
Key Market Trends & Highlights
Automotive Lamps Key Trends and Highlights
- The market is expected to experience a compound annual growth rate (CAGR) of 1.71% from 2025 to 2035.
- By 2035, the market valuation is anticipated to reach 92.3 USD Billion, indicating steady growth.
- In 2024, the market is valued at 76.6 USD Billion, reflecting the current demand for automotive lighting solutions.
- Growing adoption of energy-efficient lighting technologies due to increasing environmental regulations is a major market driver.
Market Size & Forecast
2024 Market Size | 76.6 (USD Million) |
2035 Market Size | 92.3 (USD Million) |
CAGR (2025-2035) | 1.71% |
Major Players
OSRAM GmbH, Koninklijke Philips N.V., General Electric, Koito Manufacturing Co., Ltd., Samsung, Hella GmbH & Co. KGaA, Horpol A. Horeczy Sp. K., Valeo SA, Hyundai Mobis, Marelli Holdings Co., Ltd., Infineon Technologies AG, Hilux Autoelectric Pvt. Ltd., Roots Industries India Private Limited, Lumileds Holding B.V., J.W. Speaker Corporation