Automotive Lighting Market Size

Automotive Lighting Market size was over USD 38.43 billion in 2024 and is anticipated to exceed USD 82.72 billion by the end of 2037, witnessing over 6.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of automotive lighting is evaluated at USD 40.31 billion.

The growth of the market can primarily be attributed to the growing demand for automotive lighting along with increasing number of motor vehicles worldwide. For instance, it was found that, globally, the production of motor vehicles reached to about 79 million in 2021.

Automotive lighting system consists of lighting and signaling devices which lights the roadway for the driver. The lights are mounted on the front, sides, rear, and in some cases on the top of a motor vehicle, making it more visible, especially in conditions of low light. Automotive lighting gives warning to other motor drivers and pedestrians about the presence and direction of travel. With the distinctive lighting equipment required in emergency vehicles to alert drivers and pedestrians as well as alarming crashes caused by ambulances, the demand for automotive lighting is on the rise amongst the emergency service providers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global automotive lighting during the forecast period. For instance, it was observed that, the crash rate is over 4 per 100,000 responses, when an ambulance responds any emergency call without using sirens and lights.