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China Automotive LED Lighting Market Size

The China Automotive LED Lighting Market is projected to experience significant growth over the forecast period, with a notable expansion in its market size. Headlights currently dominate the market share, although there is a slight expected decrease in their share compared to directional signal lights and stoplights, which are anticipated to maintain their market presence. The integration of advanced lighting technologies, such as combining daytime running lamps with projector lights, is becoming more prevalent in new vehicle models. Additionally, the increasing focus on safety due to rising accident rates is driving the demand for fog LED lamps. The competitive landscape is intensified by the presence of numerous electric vehicle start-ups and established automakers, all vying for a larger share of the market, further contributing to the growth of LED penetration in the automotive sector.

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Market Size of china automotive led lighting Industry

China Automotive LED Lighting Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 1.82 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 3.77 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Automotive Utility Lighting Headlights
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 12.88 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Automotive Utility Lighting Reverse Light

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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China Automotive LED Lighting Market Analysis

The China Automotive LED Lighting Market size is estimated at 1.82 billion USD in 2024, and is expected to reach 3.77 billion USD by 2030, growing at a CAGR of 12.88% during the forecast period (2024-2030).

1.82 Billion

Market Size in 2024 (USD)

3.77 Billion

Market Size in 2030 (USD)

21.07 %

CAGR (2017-2023)

12.88 %

CAGR (2024-2030)

Largest Segment by Automotive Utility Lighting

63.22 %

value share, Headlights, 2023

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The total sales of LEDs in this category is expected to reach USD 1046.6 million by 2023. It is driven by government regulations and the need for safe driving.

Largest Segment by Automotive Vehicle Lighting

63.46 %

value share, Passenger Cars, 2023

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The primary causes are the rise in sales of commercial vehicles resulting from the expansion of the nation's logistics industry.

Fastest-growing Segment by Automotive Utility Lighting

13.36 %

Projected CAGR, Reverse Light, 2024-2030

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China's logistics industry has experienced consistent expansion over years. Logistics for industrial goods in China grew Y-O-Y by 3.6% in 2022.

Fastest-growing Segment by Automotive Vehicle Lighting

13.63 %

Projected CAGR, Commercial Vehicles, 2024-2030

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In 2022, Sales of new electric trucks accounted for 80% and new electric buses were 85% of global sales.

Leading Market Player

10.76 %

market share, OSRAM GmbH., 2022

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OSRAM GmbH. has the highest market share in China. In 2022, it introduced a new, hyper-efficient automotive LEDs, the OSLON Black Flat X series from ams OSRAM.

The use of LED lights in automobiles has resulted in a decrease in the number of accidents

  • In 2023, headlights accounted for the majority of value share in the Chinese automobile lighting market, followed by others and directional signal lights. During the forecast period, the market share for directional signal lights and stoplights is expected to remain the same, with a slight decrease in headlights. An emerging trend in the market is the combination of DRLs (daytime running lamps) with projector lights in frontal illumination, which is being incorporated into forthcoming vehicles by notable manufacturers such as SAIC and Geely. The rising trend of accidents has also led to an anticipated increase in the penetration rate of fog LED lamps. In 2019, there were 256,101 injuries and 62,763 fatalities in traffic accidents in China, which has significantly increased since 2016.
  • In terms of volume share, directional signal lights accounted for the majority in 2022, followed by headlights and others. The market share for these lights is expected to remain relatively stable with less fluctuation. In all types of vehicles, directional signal lights are the main component that has a high probability of getting affected in minor to major accidents and require replacement.
  • The Chinese automobile market is highly competitive, with Chinese NEV (New Electric Vehicle) start-ups such as NIO, XPeng, and Li Auto vying for market share alongside established automakers such as BYD, SAIC Motors, Geely, BMW, and Mercedes-Benz. The quest for electric vehicles has also attracted tech giants such as Xiaomi and Baidu. Thus, the growth in NEV would increase the penetration of LED in the market.
China Automotive LED Lighting Market

China Automotive LED Lighting Industry Segmentation

Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others are covered as segments by Automotive Utility Lighting. 2 Wheelers, Commercial Vehicles, Passenger Cars are covered as segments by Automotive Vehicle Lighting.

  • In 2023, headlights accounted for the majority of value share in the Chinese automobile lighting market, followed by others and directional signal lights. During the forecast period, the market share for directional signal lights and stoplights is expected to remain the same, with a slight decrease in headlights. An emerging trend in the market is the combination of DRLs (daytime running lamps) with projector lights in frontal illumination, which is being incorporated into forthcoming vehicles by notable manufacturers such as SAIC and Geely. The rising trend of accidents has also led to an anticipated increase in the penetration rate of fog LED lamps. In 2019, there were 256,101 injuries and 62,763 fatalities in traffic accidents in China, which has significantly increased since 2016.
  • In terms of volume share, directional signal lights accounted for the majority in 2022, followed by headlights and others. The market share for these lights is expected to remain relatively stable with less fluctuation. In all types of vehicles, directional signal lights are the main component that has a high probability of getting affected in minor to major accidents and require replacement.
  • The Chinese automobile market is highly competitive, with Chinese NEV (New Electric Vehicle) start-ups such as NIO, XPeng, and Li Auto vying for market share alongside established automakers such as BYD, SAIC Motors, Geely, BMW, and Mercedes-Benz. The quest for electric vehicles has also attracted tech giants such as Xiaomi and Baidu. Thus, the growth in NEV would increase the penetration of LED in the market.
Automotive Utility Lighting
Daytime Running Lights (DRL)
Directional Signal Lights
Headlights
Reverse Light
Stop Light
Tail Light
Others
Automotive Vehicle Lighting
2 Wheelers
Commercial Vehicles
Passenger Cars
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China Automotive LED Lighting Market Size Summary

The China Automotive LED Lighting Market is poised for significant growth, driven by the increasing adoption of LED technology in vehicles. This market is characterized by a competitive landscape, with both established automakers and new energy vehicle (NEV) start-ups vying for market share. The integration of advanced lighting technologies, such as daytime running lamps combined with projector lights, is becoming a trend among major manufacturers like SAIC and Geely. The market is also witnessing a steady demand for directional signal lights and stoplights, which are crucial for vehicle safety and often require replacement due to their exposure in accidents. Despite challenges posed by the COVID-19 pandemic, which disrupted the supply chain and affected the availability of automotive parts, the market is expected to recover and expand, supported by the growing production of vehicles in China.

The shift towards electric vehicles (EVs) is a significant factor influencing the growth of the automotive LED lighting market in China. The country's commitment to increasing EV adoption, supported by tax incentives and the expansion of charging infrastructure, is driving the demand for energy-efficient LED lights. These lights are particularly beneficial for EVs as they consume less power, helping to extend the vehicle's driving range. The market is fragmented, with key players like HELLA, KOITO MANUFACTURING, OSRAM, Stanley Electric, and Valeo leading the charge in innovation and product development. Collaborations and technological advancements, such as the development of compact LED designs for vehicle interiors, are expected to further propel the market forward during the forecast period.

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China Automotive LED Lighting Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Automotive Utility Lighting

      1. 1.1.1 Daytime Running Lights (DRL)

      2. 1.1.2 Directional Signal Lights

      3. 1.1.3 Headlights

      4. 1.1.4 Reverse Light

      5. 1.1.5 Stop Light

      6. 1.1.6 Tail Light

      7. 1.1.7 Others

    2. 1.2 Automotive Vehicle Lighting

      1. 1.2.1 2 Wheelers

      2. 1.2.2 Commercial Vehicles

      3. 1.2.3 Passenger Cars

China Automotive LED Lighting Market Size FAQs

The China Automotive LED Lighting Market size is expected to reach USD 1.82 billion in 2024 and grow at a CAGR of 12.88% to reach USD 3.77 billion by 2030.

In 2024, the China Automotive LED Lighting Market size is expected to reach USD 1.82 billion.

China Automotive LED Lighting Market Report Snapshots