Asia Pacific Automotive Lighting Market Size & Outlook
Asia Pacific automotive lighting market highlights
- An overview of the Asia Pacific automotive lighting market trends heading towards 2030. The Asia Pacific market generated a revenue of USD 9,159.8 million in 2023.
- The overall growth of the Asia Pacific market from 2023 to 2030. The market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- A look at the Asia Pacific market revenues per segment in 2023. In terms of segment, halogen was the largest revenue generating technology in 2023.
- The segment witnessing the fastest revenue growth within the market. Halogen is the most lucrative technology segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 9,159.8 million |
| Market revenue in 2030 | USD 16,193.2 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Halogen |
| Fastest growing segment | Halogen |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Halogen |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 28.1% of the global automotive lighting market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 16,193.2 million by 2030.
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Automotive Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Knowles Electronics | View profile | 5001-10000 | Itasca, Illinois, United States, North America | http://www.knowles.com/ |
| InvenSense | View profile | 501-1000 | San Jose, California, United States, North America | https://invensense.tdk.com |
| Bosch Sensortec | View profile | 10001+ | Reutlingen, Baden-Wurttemberg, Germany, Europe | https://www.bosch-sensortec.com/ |
| OmniVision Technologies | View profile | 1001-5000 | Santa Clara, California, United States, North America | http://www.ovt.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Analog Devices Inc | View profile | 26000 | One Analog Way, Wilmington, MA, United States, 01887 | https://www.analog.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
| Sony Group Corp ADR | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
Asia Pacific automotive lighting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive lighting market will help companies and investors design strategic landscapes.
Halogen was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific automotive lighting market based on halogen covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Asia Pacific automotive lighting market databook:
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Target buyers of Asia Pacific automotive lighting market databook
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Our clientele includes a mix of automotive lighting market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific automotive lighting market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific automotive lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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