Lighting Equipment for Motor Vehicles Market

Lighting equipment for motor vehicles market: get the latest datasets secured by an Ai-driven BI tool. Data provide market prices, production, consumption, imports, market size, exports, companies, and trade. Here is a breakdown by country, including the U.K., the U.S., Russia, Latin America, EU, the Middle East, Africa, and China. Market dynamics and forecast to 2030 are also provided in the reports.


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Lighting Equipment for Motor Vehicles - World's Largest Markets

RatingCountry
1India
2China
3Germany
4United States
5Japan

In value terms, India, China and Germany appeared to be the countries with the highest levels of market value in 2020, with a combined 25% share of the global market. The United States, Japan, Slovakia, Mexico, Turkey, Indonesia, South Korea, Brazil, the UK and Italy lagged somewhat behind, together accounting for a further 38%.

Slovakia (+103.1% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while lighting equipment for motor vehicles market for the other global leaders experienced more modest paces of growth.

Lighting Equipment For Motor Vehicles Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
China4.34.34.3-0.3%
Italy96.67.6-8.5%
Germany8.48.78.82.4%
United States101010-0.3%
Slovakia161010-19.3%
Thailand191311-22.8%
Slovenia151312-8.3%
France9.1131425.5%
Taiwan (Chinese)5.171675.2%
Mexico1086316-61.5%
Japan252418-15.1%
South Korea213619-3.5%
Average111211-0.3%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was South Korea ($19 per unit), while China ($4.2 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+75.2% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
France29343813.6%
United States3134379.5%
Germany25353518.0%
China2727304.8%
Mexico262426-0.2%
Japan1520188.6%
Netherlands151715-2.1%
Russia161514-6.6%
Thailand1112149.7%
South Korea7.78.71118.5%
Brazil108.48.4-10.7%
Indonesia5.25.65-2.4%
India2.71.61.6-22.3%
Average2122223.9%

Prices varied noticeably by the country of destination; the country with the highest price was France ($38 per unit), while India ($1.6 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.

Lighting Equipment for Motor Vehicles - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States4.14.13.7-5.2%
Germany3.73.43.1-7.8%
China1.81.71.92.6%
Mexico0.90.90.7-14.8%
France0.80.80.6-12.5%

In value terms, the United States ($3.7B), Germany ($3.1B) and China ($1.9B) were the countries with the highest levels of imports in 2020, with a combined 45% share of global imports. These countries were followed by Mexico, France, Japan, Russia, Brazil, the Netherlands, Thailand, South Korea, India and Indonesia, which together accounted for a further 19%.

South Korea saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Lighting Equipment for Motor Vehicles - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany1.61.42.732.8%
China2.72.72.70.9%
Mexico1.921.9-1.1%
United States1.91.81.5-10.4%
Taiwan (Chinese)1.31.31.3-3.7%

In value terms, the largest lighting equipment for motor vehicles supplying countries worldwide were Germany ($2.7B), China ($2.7B) and Mexico ($1.9B), with a combined 36% share of global exports.

Germany saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Lighting Equipment for Motor Vehicles - Market Forecast

Driven by increasing demand for lighting equipment for motor vehicles worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Lighting Equipment for Motor Vehicles - Top Companies

Ape Indústria e Comércio Ltda, PANASONIC CORPORATION, SUMITOMO ELECTRIC INDUSTRIES, LTD., Lear Corporation, KOITO MANUFACTURING CO., LTD., AVIC Electromechanical System Co., Ltd., TOKAI RIKA CO., LTD., STANLEY ELECTRIC CO.,LTD., CHAOWEI POWER HOLDINGS LIMITED, Denso Europe B.V., Lg Electronics Vehicle Components U.S.A., LLC, Lear Corporation GmbH, Borgwarner Pds (indiana) Inc., Sumitomo Electric Wiring Systems, Inc., U-SHIN LTD., North American Lighting, Inc., MAGNETI MARELLI SPA, Bbb Industries, LLC, YURA CORPORATION, FURUKAWA AUTOMOTIVE SYSTEMS INC.

Lighting Equipment for Motor Vehicles - Product Coverage

  • HS 851210 - Lighting or visual signalling equipment; electrical, of a kind used on bicycles, excluding articles of heading no. 8539
  • HS 851220 - Lighting or visual signalling equipment; electrical, of a kind used on motor vehicles (excluding articles of heading no. 8539)
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World - Electrical Lighting or Visual Signaling Equipment for Motor Vehicles and Cycles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for lighting equipment for motor vehicles.

Southern Asia - Electrical Lighting or Visual Signaling Equipment for Motor Vehicles and Cycles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Southern Asia.

South-Eastern Asia - Electrical Lighting or Visual Signaling Equipment for Motor Vehicles and Cycles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in South-Eastern Asia.

Central Asia - Electrical Lighting or Visual Signaling Equipment for Motor Vehicles and Cycles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Central Asia.

Northern America - Electrical Lighting or Visual Signaling Equipment for Motor Vehicles and Cycles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Northern America.

Eastern Asia - Electrical Lighting or Visual Signaling Equipment for Motor Vehicles and Cycles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Eastern Asia.

Australia and Oceania - Electrical Lighting or Visual Signaling Equipment for Motor Vehicles and Cycles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Australia and Oceania.

Africa - Electrical Lighting or Visual Signaling Equipment for Motor Vehicles and Cycles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Africa.

Latin America and the Caribbean - Electrical Lighting or Visual Signaling Equipment for Motor Vehicles and Cycles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Latin America and the Caribbean.

Middle East - Electrical Lighting or Visual Signaling Equipment for Motor Vehicles and Cycles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in the Middle East.

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