Automotive Lighting Market Share

Market Share of Automotive Lighting Industry

The automotive lighting market is fairly consolidated with key players such as Koito Manufacturing, Valeo Group, Magneti Marelli, Stanley Electric, Hella, Lumax Industries, Zizila Lichtsysteme, Osram, and Tungsram. Companies are entering into joint ventures and are expanding their global presence. For instance,

• Valeo announced the acquisition of 10.5% of the stake in Aledia, a technology startup company dedicated to the development of cutting-edge LED technology for general and automotive lighting.
• Koito Automotive inaugurated the Hubei Koito Automotive Lamp Co. Ltd plant in China.
• ZKW started the production of the world's first laser-beam headlamps for the BMW i8.
• In 2017, Osram India launched a new automotive lighting solution called Rallye, which is compatible with two-wheelers, four-wheelers, and other commercial vehicles. The product is being manufactured in Osram's manufacturing plants in Germany and China.

Automotive Lighting Market Leaders

1. Koito Manufacturing Co. Ltd

2. Stanley Electric Co. Ltd

3. Valeo Group

4. Magneti Marelli SpA

5. HELLA KGaA Hueck & Co.

*Disclaimer: Major Players sorted in no particular order