France Automotive LED Lighting Market Size and Share
Market Overview
| Study Period | 2019 - 2030 |
|---|---|
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 0.6 Billion |
| Market Size (2030) | USD 0.83 Billion |
| Growth Rate (2025 - 2030) | 6.79% CAGR |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
|
France Automotive LED Lighting Market Analysis by Mordor Intelligence
The France automotive LED lighting market size stands at USD 0.6 billion in 2025 and is projected to reach USD 0.83 billion by 2030, reflecting a CAGR of 6.79% over the forecast period. Growth aligns with regulatory certainty, strong domestic Tier-1 capabilities, and accelerating electrification that positions the France automotive LED lighting market as a bellwether for energy-efficient vehicle technologies. UNECE R148 implementation through France’s type-approval regime creates predictable compliance pathways that favor LED solutions over legacy technologies. Steady LED cost declines, domestic R&D tax credits, and smart-city pilots further strengthen demand drivers. Competitive advantages increasingly hinge on software-defined lighting, system integration know-how, and supply-chain resilience against semiconductor and rare-earth material volatility.
Key Report Takeaways
- By sales channel, the OEM segment led with 84.13% share in 2024; the aftermarket segment is advancing at a 7.54% CAGR through 2030.
- By installation type, new installations accounted for 63.35% of the France automotive LED lighting market share in 2024, while retrofit installations are projected to expand at a 7.94% CAGR to 2030.
- By vehicle type, passenger cars captured 69.56% revenue share in 2024 and are growing at a 9.92% CAGR through 2030.
- By application, exterior lighting represented 78.42% of the France automotive LED lighting market size in 2024, whereas interior lighting is expanding at an 8.01% CAGR to 2030.
France Automotive LED Lighting Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rapid LED cost decline and higher luminous efficacy | +1.2% | France, broader EU market | Medium term (2-4 years) |
| Stringent EU/UNECE lighting regulations pushing LED adoption | +1.8% | EU-wide, France compliance | Short term (≤ 2 years) |
| OEM focus on signature lighting for brand differentiation | +0.9% | Premium segments, France luxury brands | Medium term (2-4 years) |
| Growing EV penetration requiring energy-efficient lighting | +1.5% | France urban centers, expanding nationally | Long term (≥ 4 years) |
| Smart-city and V2X pilot zones accelerating adaptive headlights | +0.7% | Paris, Lyon, major metropolitan areas | Long term (≥ 4 years) |
| Domestic Tier-1s leveraging R&D tax-credit (CIR) incentives | +0.6% | France-based suppliers and manufacturers | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rapid LED Cost Decline and Higher Luminous Efficacy
Scale economies and packaging advances are lowering LED component prices while boosting output to 120-150 lumens per watt, an efficiency that sharply reduces total cost of ownership for fleets and private owners. [1]Philips, “PHILIPS CAT Lamps LED EMEA 2024-25,” philips.com Price parity with xenon HID is widely expected by 2026, removing the final premium barrier for high-volume adoption across the France automotive LED lighting market. Domestic production incentives under the EU strategic autonomy agenda shield suppliers from exchange-rate swings and logistics bottlenecks. Philips Ultinon Pro6000 retrofit bulbs already deliver 300% more brightness than the legal minimum while consuming 60% less power, signaling viable upgrade paths for France’s aging vehicle parc. Cost decline is especially compelling for commercial fleet operators who base purchase decisions on lifetime maintenance and fuel savings.
Stringent EU/UNECE Lighting Regulations Pushing LED Adoption
UNECE Regulation R148 unifies disparate lighting standards into performance metrics that inherently reward LED controllability, making compliance simpler and faster. France implements these rules through Code de la route Article R313, adding local enforcement mechanisms that further strengthen LED preference. From 2024, two-wheeler roadworthiness checks incorporate photometric tests, pushing aftermarket migration to compliant LED solutions. Regulatory certainty trims homologation risk, encouraging OEMs to specify LED modules as standard equipment on new vehicle platforms destined for French showrooms.
OEM Focus on Signature Lighting for Brand Differentiation
Automakers view lighting as rolling brand equity. At Brussels Motor Show 2025, Stellantis unveiled Peugeot, Citroën, and DS models where sweeping LED signatures dominate front fascia design. Valeo’s PictureBeam Monolithic headlamp projects high-resolution patterns that double as styling statements. Inside cabins, Marelli’s Digital OLED 2.0 enables up to eight user-selectable themes for dashboards and door panels. With brand recognition delivered through light, French luxury marques command higher trim prices and unlock software-enabled personalization revenue streams.
Growing EV Penetration Requiring Energy-Efficient Lighting
France logged 1.4 million electric vehicles on the road by mid-2025, with battery electrics taking 17% of new registrations. LEDs cut auxiliary load, extending range, and operate at lower junction temperatures inside EV architectures. Thermal headroom permits tighter engine-bay packaging, lowering system weight, benefits keenly valued in range-sensitive EV platforms. Government purchase incentives of up to EUR 4,000 (USD 4,400) and 175,000 public chargers sustain LED demand in both vehicles and charging infrastructure.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Semiconductor supply-chain volatility post-2025 | -1.1% | Global supply chains affecting France | Short term (≤ 2 years) |
| Persistently high rare-earth and sapphire substrate prices | -0.8% | Global materials markets, France cost pressures | Medium term (2-4 years) |
| Retrofit complexity in ageing French vehicle parc | -0.5% | France domestic aftermarket | Long term (≥ 4 years) |
| Aftermarket price-war eroding margins for local distributors | -0.4% | France aftermarket distribution channels | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Semiconductor Supply-Chain Volatility Post-2025
Automotive-grade LED drivers require AEC-Q100 chips that share foundry lines with consumer electronics, creating fierce allocation competition when EV battery demand also accelerates copper and substrate needs. [2]International Renewable Energy Agency, “Critical Materials: Batteries for Electric Vehicles,” irena.org Limited European die capacity forces French suppliers to import components, stressing just-in-time models. To buffer shocks, OEMs and Tier-1s raise inventory levels and multi-source contracts, raising working capital and eroding near-term profit.
Persistently High Rare-Earth and Sapphire Substrate Prices
High-brightness microLED arrays depend on gallium nitride grown on sapphire and rare-earth phosphors. Prices remain elevated due to geographic concentration of extraction and refining, and smartphone cameras often outbid automotive buyers for limited capacity. Each Marelli h-Digi headlamp contains 25,600 microLED pixels, multiplying substrate consumption.Volatile EUR/USD shifts also inflate imported material costs, tightening margins for French aftermarket distributors with smaller volumes than OEM programs.
Segment Analysis
By Sales Channel: Aftermarket Momentum Builds Despite OEM Dominance
The OEM channel accounted for 84.13% of France's automotive LED lighting market revenue in 2024, driven by factory-installed systems approved under UNECE standards. This preference aligns with automakers’ need for fully integrated modules and guarantees on photometric performance. Yet, the aftermarket signals the evolving maturity of the France automotive LED lighting market, which is rising at a 7.54% CAGR through 2030, as owners of aging vehicles pursue efficiency upgrades. OEM partners, such as Valeo, earned accolades like Volkswagen’s Best Supplier 2025 award for reliability and design depth, underscoring the entrenched position of Tier-1s within assembly plants. [3]Valeo, “Volkswagen Group Award 2025,” valeo.com
Aftermarket growth capitalizes on rising consumer awareness of LED longevity and safety benefits. Roadworthiness inspections for motorcycles enforce lamp conformity, channeling riders toward certified retrofit kits. Online platforms now provide compatibility databases that match approved LED units to specific vehicle models, reducing purchase anxiety. Nonetheless, stringent ECE R128 rules limit pure bulb swaps, steering demand toward full-assembly conversions that carry higher unit prices but ensure legal compliance for the France automotive LED lighting market.
By Vehicle Type: Passenger Cars Drive Innovation and Volume
Passenger cars retained 69.56% share in 2024 and showcase the highest trajectory at 9.92% CAGR through 2030, making them the engine of both volume and innovation for the France automotive LED lighting market. Passenger-car OEMs deploy advanced matrix LED, digital pixel, and dynamic RGB interior systems to win over tech-savvy buyers. Stellantis integrates such features across mainstream and premium nameplates, demonstrating trickle-down of formerly luxury technology to the mass segment.
Commercial vehicles adopt LEDs chiefly for durability and total cost of ownership. Fleet operators in delivery and logistics value lifespan and lower maintenance, driving steady, though slower, adoption. Two-wheeler uptake hinges on visibility and new inspection mandates, leading to increasing OEM fitment of LED headlamps even in entry scooters. Heavy trucks experiment with adaptive driving beams for reduced fatigue on long-haul routes, hinting at future demand upside.
By Installation Type: Retrofit Growth Signals Market Evolution
New installations claimed 63.35% of France automotive LED lighting market share in 2024, mirroring OEM dominance in factory output. Mandatory daytime running lights and adaptive beam functions standardized LED fitment across most new platforms, driving volume. Retrofits, while smaller in base, exhibit a 7.94% CAGR to 2030, evidence of market broadening and end-user confidence. Retrofit providers bundle control electronics and thermal management to mimic OEM safety performance, mitigating regulatory hurdles.
The France automotive LED lighting market size for retrofit solutions gains momentum from policy incentives that favor energy-efficient vehicle upgrades. The 2025 Finance Law permits tax deductions for safety and eco-enhancing modifications, reducing payback periods on LED kits. Philips’ road-legal Ultinon Pro6000 lineup illustrates compliance innovation, supplying full documentation for inspection authorities. Complexity remains higher for legacy headlamp architectures, yet standardized adapter harnesses and mobile installation services are lowering barriers.
By Application: Interior Lighting Accelerates as Premium Feature
Exterior categories, headlamps, DRLs, taillights, held 78.42% share in 2024, a reflection of regulated safety essentials. Regulations practically guarantee baseline growth for the France automotive LED lighting market. Interior lighting, though a smaller slice, races ahead at 8.01% CAGR as automakers transform cabins into personalized digital lounges. Dynamic ambient lighting synced with driving modes, gesture-based color changes, and wellness-oriented circadian schemes push LED unit counts per vehicle higher.
The France automotive LED lighting market size tied to interior applications benefits from software-driven feature monetization. Over-the-air updates can enable new color palettes or interactive themes post-sale, creating recurring revenue for OEMs. Valeo and ams OSRAM prototype dash-embedded microLED arrays that double as information displays and mood lights. As consumers increasingly judge interiors on digital experience, LED lighting shifts from aesthetic accent to central human-machine interface.
Geography Analysis
France’s automotive manufacturing heartlands in Île-de-France, Auvergne-Rhône-Alpes, and Grand Est anchor the France automotive LED lighting market with dense clusters of OEM plants, Tier-1 labs, and research universities. Regional synergies accelerate product cycles; for example, Valeo’s Paris-based beam-forming lab shares test benches with FORVIA’s electronics center in Lyon. Predictable enforcement of UNECE lighting rules and national type-approval ensures that innovations developed locally can be marketed across the EU without major redesign, extending addressable revenue for French suppliers.
Electrification is most pronounced in urban areas where zero-emission zones encourage battery electric vehicle adoption, directly boosting demand for low-draw LED systems. Paris alone operates more than 20,000 public charge points, many outfitted with LED-based status indicators to optimize bay turnover. Municipal procurement preferences for energy-efficient fleet vehicles further amplify LED penetration in light-commercial vans servicing last-mile delivery within city limits.
Smart-city testbeds—Grand Paris, Lyon Confluence, and Nantes’ Quartier de la Création, fund pilot deployments of adaptive headlamps and V2X communication nodes. These zones serve as living laboratories for microLED projection and infrastructure-aware beam steering, positioning France as a launchpad for global rollouts. Domestic R&D credits underpin joint ventures with European partners, allowing French firms to protect IP while leveraging cross-border production. Combined, these factors make the France automotive LED lighting market a cornerstone of continental innovation and a gateway for suppliers seeking broader EU exposure.
Competitive Landscape
Competition in the France automotive LED lighting market is moderate, with technology depth rather than sheer part volume determining leadership. Valeo, FORVIA HELLA, Marelli, and ams OSRAM command OEM dashboards by delivering integrated optical-electronic-software stacks. Adaptive matrix modules, microLED arrays, and vehicle-to-infrastructure-ready controllers illustrate the shift from discrete lamps toward holistic lighting ecosystems. Intellectual-property portfolios in beam-forming algorithms and thermal management bolster entry barriers.
Consolidation shapes strategy: FORVIA’s integration of HELLA targets EUR 350 million in synergies and merges German optics with French electronics to accelerate digital headlamp commercial readiness. Meanwhile, Chinese scale players are arriving; Sanan Optoelectronics’ USD 239 million Lumileds takeover opens a low-cost supply channel into Europe’s premium segment. French incumbents counter with R&D-rich platforms and proximity to OEM design centers, banking on rapid co-development cycles to keep switching costs high.
Software-defined lighting introduces new revenue logic. Marelli’s h-Digi microLED unit supports subscription-based symbol projection, letting carmakers sell lighting themes post-delivery. Valeo wins awards by bundling firmware for glare-free high beam into its PictureBeam package, reinforcing its differentiation. Resilience strategies include dual-sourcing semiconductors, localizing phosphor supply, and hedging EUR-denominated contracts against USD-priced rare-earth inputs.
France Automotive LED Lighting Industry Leaders
-
GRUPO ANTOLIN IRAUSA, S.A.
-
HELLA GmbH & Co. KGaA
-
Valeo SA
-
ams-OSRAM AG
-
Marelli Europe S.p.A.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- August 2025: Sanan Optoelectronics completed a USD 239 million acquisition of Lumileds, signaling intensified Chinese entry into European premium LED supply chains.
- July 2025: Valeo received Volkswagen Group Award 2025 for Best Supplier, highlighting lighting innovation and delivery reliability.
- December 2024: ams OSRAM and Valeo forged a partnership to integrate microLED interior solutions for dynamic ambience.
- December 2024: Marelli won CLEPA Innovation Awards for its h-Digi microLED technology enabling 25,600-pixel adaptive lighting.
France Automotive LED Lighting Market Report Scope
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.| OEM |
| Aftermarket |
| Passenger Cars |
| Light Commercial Vehicles |
| Heavy Commercial Vehicles |
| Two-Wheelers |
| New Installation |
| Retrofit Installation |
| Exterior Lighting | Headlamps |
| Daytime Running Lights | |
| Taillights | |
| Fog Lamps | |
| Turn Signals | |
| Other Exterior Lightings | |
| Interior Lighting | Dome and Map Lights |
| Ambient Lighting | |
| Instrument Cluster and Infotainment Backlighting | |
| Others Interior Lightings |
| By Sales Channel | OEM | |
| Aftermarket | ||
| By Vehicle Type | Passenger Cars | |
| Light Commercial Vehicles | ||
| Heavy Commercial Vehicles | ||
| Two-Wheelers | ||
| By Installation Type | New Installation | |
| Retrofit Installation | ||
| By Application | Exterior Lighting | Headlamps |
| Daytime Running Lights | ||
| Taillights | ||
| Fog Lamps | ||
| Turn Signals | ||
| Other Exterior Lightings | ||
| Interior Lighting | Dome and Map Lights | |
| Ambient Lighting | ||
| Instrument Cluster and Infotainment Backlighting | ||
| Others Interior Lightings | ||
Market Definition
- INDOOR LIGHTING - It incorporates all LED based lamps and fixtures/luminaire that are used to illuminate indoor section of residential, commercial, industrial buildings and agricultural lighting. LED offers efficient brightness with higher durability in comparison to other lighting technology.
- OUTDOOR LIGHTING - It incorporates the LED lighting fixtures that is used for illumination for exterior/outdoor illumination. For instance, LED lighting fixtures used to illuminate streets and highways, transport hubs, stadiums and other public places such as parking spaces.
- AUTOMOTIVE LIGHTING - It refers to the lighting fixtures installed for illumination and signaling purposes. It is used in both exterior and interior lighting of the vehicle. Headlamps, fog lamp, daytime running light (DRLs) are examples of exterior light whereas cabin light are interior lights.
- END USER - It refers to the end use application area where the LED fixture will be installed. For instance, in terms of indoor lighting, we have residential, commercial and industrial as end user category. For automotive lighting, primary end user considered are automotive manufacturers and aftermarket sale
| Keyword | Definition |
|---|---|
| Lumen | Lumen is a unit of luminous flux in the International System of Units that is equal to the amount of light given out through a solid angle by a source of one-candela intensity radiating equally in all directions. |
| Footcandle | A foot-candle (or foot-candle, fc, lm/ft2, or ft-c) is a measurement of light intensity. One foot-candle is defined as enough light to saturate a one-foot square with one lumen of light. |
| Colour Rendering Index (CRI) | Color Rendering Index (CRI) is a measurement of how natural colors render under an artificial white light source when compared with sunlight. The index is measured from 0-100, with a perfect 100 indicating that colors of objects under the light source appear the same as they would under natural sunlight. |
| Luminous flux | Luminous flux is a measure of the power of visible light produced by a light source or light fitting. It is measured in lumens (lm). |
| Annual Energy Cost | Annual Energy Cost means the average daily energy consumption multiplied by 365 (days per year), expressed in kilowatt hour per year (kWh/a). |
| Constant voltage drivers | Constant voltage drivers are designed for a single direct current (DC) output voltage. Most common constant voltage drivers (or Power Supplies) are 12VDC or 24VDC. An LED light that is rated for constant voltage usually specifies the amount of input voltage it needs to operate correctly. |
| Constant Current Driver | Constant current LED drivers are designed for a designated range of output voltages and a fixed output current (mA). LEDs that are rated to operate on a constant current driver require a designated supply of current usually specified in milliamps (mA) or amps (A). These drivers vary the voltage along an electronic circuit which allows current to remain constant throughout the LED system. |
| Minimum Energy Performance Standards (MEPS) | Minimum Energy Performance Standards specify the minimum level of energy performance that appliances and equipment must meet or exceed before they can supply or used for commercial purposes. |
| Luminous Efficacy | Luminous efficacy is a measurement commonly used in the lighting industry that indicates the ability of a light source to emit visible light using a given amount of power. |
| Solid State Lighting | Solid-state lighting (SSL) is a type of lighting that uses semiconductor light-emitting diodes (LEDs), organic light-emitting diodes (OLED), or polymer light-emitting diodes (PLED) as sources of illumination rather than electrical filaments, plasma (used in arc lamps such as fluorescent lamps), or gas. |
| Rated Lamp Life | Lamp life, also referred to as rated life, is the time in hours a lamp will last before a percentage of lamps will burn out. |
| Color Temperature | Colour temperature is a scale that measures how ‘warm’ (yellow) or ‘cool’ (blue) the light from a particular source is. It is measured in degrees of the Kelvin scale (abbreviated to K), and the higher the number, the ‘cooler’ the light. The lower the ‘K’ number, the ‘warmer’ the light. |
| Ingress Protection rating (IP rating) | The IP (Ingress Protection) rating of a bulb or light fixture declares the level of protection it has against dirt and water. |
| Fidelity Index | The general colour fidelity index, Rf, represents how closely the colour appearances of the entire sample set are reproduced (rendered) on average by a test light as compared to those under a reference illuminant. |
| Gamut Index | The gamut area is defined as “the area enclosed by a set of test color samples illuminated by a light source, in a two-dimensional chromaticity diagram or a plane of color space.”1 Within a defined color space, a “gamut” describes the subset of colors that can be perceived under specific lighting conditions. |
| Binning | In the lighting industry, the act of "binning" of LEDs is the process of sorting LEDs by certain characteristics, such as color, voltage, and brightness. |
| Accent lighting | Accent lighting, also called highlighting, emphasizes objects by focusing light directly on them. Accent lighting is used inside and outside the home to feature locations such as an entrance or to create dramatic effects. |
| Dimmable driver | A dimming driver has two functions: As a driver, it converts the 230V AC mains input to a low voltage DC output. As a dimmer, it reduces the amount of electrical energy flowing to the LEDs, thereby causing them to dim. |
| Flicker | Flicker is the repeated and frequent variation in the output of a light source over time. |
| Fluorescent | A property of materials defined as the ability to emit light after absorbing electromagnetic radiation such as visible or UV light. |
| Candela | The candela is the unit of luminous intensity in the International System of Units. It measures the light output per unit solid angle emitted from a light source in a specific direction. |
| LUX | Lux is used to measure the amount of light output in a given area - one lux is equal to one lumen per square meter. It enables us to measure the total "amount" of visible light present and the intensity of the illumination on a surface. |
| Uniformity (U0) | The uniformity of lighting has significant effects on visual performance in both indoor and outdoor areas. Uniformity (represented as U0) value can be found by dividing the minimum brightness (Emin) resulting from calculations according to the current lighting order, to the average brightness value (Eavg). |
| Visible Light Spectrum | The visible light spectrum is the segment of the electromagnetic spectrum that the human eye can view. More simply, this range of wavelengths is called visible light. Typically, the human eye can detect wavelengths from 380 to 700 nanometers. |
| Ambient Temperature | Ambient Temperature is the temperature of the air surrounding an electrical enclosure. |
| Current-controlled dimming control | Current-controlled dimming controls LED brightness by varying the applied current using a 0-10V dimmer. Current-controlled dimming is smooth and HD-video friendly. It can only dim to a minimum of 5% of light output. |
| Design Light Consortium | It is a partnership of energy efficiency stakeholders in the United States and Canada to “promote quality, performance and energy efficient lighting solutions for the commercial sector”. |
| Pulse Width Modulation | Pulse-width modulation, or pulse-duration modulation, is a method of controlling the average power delivered by an electrical signal. |
| Surface Mounted Device | A surface mount device (SMD) is an electronic device whose components are mounted or placed directly on the surface of a printed circuit board. |
| Alternating Current | Alternating current is an electric current which periodically reverses direction and changes its magnitude continuously with time, in contrast to direct current, which flows only in one direction. |
| Direct Current | Direct current (DC) is an electric current that is uni-directional, so the flow of charge is always in the same direction. |
| Beam Angle | Beam angle (also called beam spread) is a measure of how light is distributed. On any plane perpendicular to the centerline of the light, the beam angle is the angle between two rays where the light intensity is 50% of the maximum light intensity. |
| LED Based Solar High Mast Lighting Systems | A Solar LED High Mast Light is a raised source of High illumination lights (6~8 lights) and with high intensity on the middle of major junctions (Ring roads, Outer Ring roads), turned on or lit automatically in the absence of light (at specified timings or at periodic times, every night). |
| Surface Mounted Diode (SMD) LEDs | A surface mount diode is a type that emits light and is flat mounted and soldered onto a circuit board. |
| Chip on Board (COB) LEDs | A COB LED is basically multiple LED chips (usually 9 or more) glued directly onto a substrate by the manufacturer to form a single module. |
| Dual In-Line Package (DIP) LEDs | A dual in-line package (DIP or DIL) is an electronic component package with a rectangular case and two parallel rows of electrical connector pins. |
| Graphene LED Lights | A graphene LED light bulb is simply an LED light bulb where the filament has been coated in graphene. A graphene LED bulb is reported to be 10% more efficient than regular LED light bulbs and they are cheaper to manufacture and buy. |
| LED Corn Bulbs | LED Corn lights are designed as an energy efficient alternative to high intensity discharge (HID) and SON lamps. It uses a large number of LEDs on a metal structure to provide sufficient light. This arrangement of LEDs looks a lot like a corn cob, hence the name "corn light". |
| Per Capita Income | Per capita income or total income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size. |
| Charging Stations | A charging station, also known as a charging station or electric vehicle utility, is a power supply that provides electrical energy for charging plug-in electric vehicles. |
| Headlight | A headlight is a light that is mounted on the front of a car and illuminates the road in front of it. Low beam and high beam LED headlights are additional categories for these LED headlights. |
| Day Time Running Light (DRLs) | A daytime running lamp is a white, yellow, or amber lighting device mounted on the front of a road-going motor vehicle or bicycle. |
| Directional Signal Light | Directional signal lights are the front and rear lights on an automobile that flash to show the direction of a turn. |
| Stop Light | A red light that is mounted to the back of a car and turns on when the brakes are used to show that the car is stopped. |
| Reverse Light | The reverse light is at the back of the vehicle to indicate its backward motion. |
| Tail Light | A red light that can be seen in the dark is mounted on the rear of a road vehicle. Stop, reverse, and directional signal lights are all part of it. |
| Fog Light | Bright lights in automobiles used to increase visibility on the road in foggy conditions or to warn other drivers of the presence of the vehicle. |
| Passenger Vehicle | A passenger vehicle is a road vehicle, other than a moped or a motorcycle, intended for the transportation of people and designed for up to 8 to 9 seats. |
| Commercial Vehicle | A commercial vehicle (Bus, Truck, Van) is any type of motor vehicle used to transport goods or pay passengers. |
| Two Wheelers (2W) | A two-wheeler is a vehicle that runs on two wheels. |
| Streets & Roadways | Both roads and streets refer to hard, flat surfaces on the ground on which vehicles, people, and animals can travel. Since streetways are usually in cities and towns, they often have houses and buildings on both sides. The roadway is in the countryside and sometimes passes through forests and fields |
| Horticulture Lighting | Horticulture is the science and art of sustainably growing, producing, marketing and using high quality, intensively cultivated food and ornamental plants. |
Research Methodology
Mordor Intelligence has followed the following methodology in all our data center reports.
- Step 1: Raw Data Collection: To understand the market, initially, all crtical data points were identified. Critical information about countries and regions of interest including Per-capita Income, Population, Automotive Production, Interest rate on Auto-Loans, Number of Automobiles on Road, Total LED Import, Lighting Electricity Consumption among others were recorded or estimated based on internal calculations.
- Step 2: Identify Key Variables: To build a robust forecasting model, key variables such as Number of Households, Automotive Production, Road Networks among others were identified. Through an iterative process, the variables required for the market forecast were set, and the model was built using these variables.
- Step 3: Build a Market Model: Based on data and critical industry trend data (variables), including LED pricing, LED penetration rate, and project macro and micor economic factors were utilized for building the market forecasting.
- Step 4: Validate and Finalize: In this crucial step, all market numbers and variables derived through an internal mathematical model were validated through an extensive network of primary research experts from all the markets studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step 5: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
