Latin America Automotive Lighting Market Size & Outlook
Latin America automotive lighting market, 2018-2030 (US$M)
Latin America automotive lighting market highlights
- An overview of the Latin America automotive lighting market trends heading towards 2030. The Latin America market generated a revenue of USD 2,617.7 million in 2023.
- The overall growth of the Latin America market from 2023 to 2030. The market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- A look at the Latin America 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.
Latin America data book summary
| Market revenue in 2023 | USD 2,617.7 million |
| Market revenue in 2030 | USD 4,361.1 million |
| Growth rate | 7.6% (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, Latin America region accounted for 8.0% 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 Scope
Automotive Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 Latin America automotive lighting market based on halogen covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America 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 Latin America automotive lighting market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America automotive lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America automotive lighting market
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