Market Overview:
The global automotive room lamp market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. The LED type segment is expected to account for a major share of the global automotive room lamp market in 2018. This segment is anticipated to grow at a CAGR of X.X% during the forecast period owing to its low power consumption and long life span as compared with other types of lamps available in the market. In terms of application, passenger cars are expected to dominate the global automotive room lamp market throughout the forecast period followed by commercial vehicles.
Product Definition:
An automotive room lamp is a light bulb used in the interior of a car. It is typically mounted on the ceiling or dashboard and used to provide illumination for the driver and passengers. Automotive room lamps are important for safety, as they allow drivers to see clearly when driving at night or in low-light conditions.
LED Type:
The global LED type market is expected to witness significant growth over the forecast period. The demand for this technology is increasing in automotive lighting industry owing to its several benefits such as longer life span, low power consumption, and lightweight among others. This has led to a rise in adoption of LED lightings across various applications such as headlamps, parking lamps and general illumination purposes which are further driving the overall market growth.
Lamp Bulb Type:
The type of lamp bulb used in an automotive room lamp depends on the light source. The most common types of bulbs are HID, halogen and LED. Halogen bulbs are widely used as they consume less power than other counterparts and also provide a bright light output. However, due to their high heat production rate they can cause hazards to the user if handled carelessly or placed too close to a combustible material.
Application Insights:
The passenger cars segment accounted for the largest revenue share of over 60% in 2017. The demand is generally higher for headlamps as compared to other vehicle types due to the increased visibility offered by them. Moreover, increasing preference towards LED-based headlights has further propelled market growth.
Commercial vehicles are expected to be the fastest-growing application segment with a CAGR of XX% from 2018 to 2030 owing to rising demand from construction and mining industries across various regions globally. Moreover, growing emphasis on energy efficiency and reduction in carbon emissions will drive product demand in this segment over the forecast period as well.
In terms of volume, the commercial vehicles segment is anticipated register a CAGR of XX% from 2018 to 2030 while that for passenger cars is projected at 7%.
Regional Analysis:
Asia Pacific region accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to increasing sales of passenger cars and commercial vehicles in China, India, Japan, South Korea, Taiwan and other countries. Moreover, rising disposable income coupled with government initiatives such as “Make in India†are expected to fuel automobile production across the country which will further drive demand for ARLs over the next eight years.
Europe is projected to witness significant growth during the forecast period owing to stringent emission norms laid down by European Union (EU) governments regarding carbon dioxide emissions from on-road vehicles including automobiles and motorcycles. This factor is expected to compel manufacturers operating within Europe's borders or those that export their products overseas through EU nations or neighboring countries such as Turkey or Russia adopt automotive room lamps at a faster pace compared with others thereby driving regional market growth over next eight years.
Growth Factors:
- Increasing demand for room lamps in the automotive sector
- Rising demand for energy-efficient and eco-friendly room lamps
- Growing popularity of LED technology in room lamps
- Proliferation of online retailing platforms that offer a wide range of room lamps at competitive prices
- Increasing number of home décor enthusiasts who are looking to add stylish and unique room lamps to their living spaces
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Room Lamp Market Research Report
By Type
LED Type, Lamp Bulb Type, Others
By Application
Passenger Cars, Commercial Vehicles
By Companies
Panasonic (Japan), HELLA (Germany), Koito Manufacturing (Japan), TVS Group (India), Grupo Antolin-Irausa (Spain), Mitsuba (Japan), Kasai Kogyo (Japan), Imasen Electric Industrial (Japan), Ichikoh Industries (Japan), LS Automotive (Korea), Panasonic (Japan), Lumax Industries (India)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Room Lamp Market Report Segments:
The global Automotive Room Lamp market is segmented on the basis of:
Types
LED Type, Lamp Bulb Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Panasonic (Japan)
- HELLA (Germany)
- Koito Manufacturing (Japan)
- TVS Group (India)
- Grupo Antolin-Irausa (Spain)
- Mitsuba (Japan)
- Kasai Kogyo (Japan)
- Imasen Electric Industrial (Japan)
- Ichikoh Industries (Japan)
- LS Automotive (Korea)
- Panasonic (Japan)
- Lumax Industries (India)
Highlights of The Automotive Room Lamp Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LED Type
- Lamp Bulb Type
- Others
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Room Lamp Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive Room Lamp is a type of lamp that is designed to be used in automotive applications. These lamps are typically designed to provide light for working on vehicles, and they often have features that make them easier to use than traditional lamps.
Some of the key players operating in the automotive room lamp market are Panasonic (Japan), HELLA (Germany), Koito Manufacturing (Japan), TVS Group (India), Grupo Antolin-Irausa (Spain), Mitsuba (Japan), Kasai Kogyo (Japan), Imasen Electric Industrial (Japan), Ichikoh Industries (Japan), LS Automotive (Korea), Panasonic (Japan), Lumax Industries (India).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Room Lamp Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Room Lamp Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Room Lamp Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Room Lamp Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Room Lamp Market Size & Forecast, 2018-2028
4.5.1 Automotive Room Lamp Market Size and Y-o-Y Growth
4.5.2 Automotive Room Lamp Market Absolute $ Opportunity
Chapter 5 Global Automotive Room Lamp Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Room Lamp Market Size Forecast by Type
5.2.1 LED Type
5.2.2 Lamp Bulb Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Room Lamp Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Room Lamp Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Room Lamp Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Room Lamp Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Room Lamp Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Room Lamp Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Room Lamp Market Size Forecast by Type
9.6.1 LED Type
9.6.2 Lamp Bulb Type
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Room Lamp Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Room Lamp Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Room Lamp Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Room Lamp Market Size Forecast by Type
10.6.1 LED Type
10.6.2 Lamp Bulb Type
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Room Lamp Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Room Lamp Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Room Lamp Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Room Lamp Market Size Forecast by Type
11.6.1 LED Type
11.6.2 Lamp Bulb Type
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Room Lamp Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Room Lamp Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Room Lamp Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Room Lamp Market Size Forecast by Type
12.6.1 LED Type
12.6.2 Lamp Bulb Type
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Room Lamp Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Room Lamp Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Room Lamp Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Room Lamp Market Size Forecast by Type
13.6.1 LED Type
13.6.2 Lamp Bulb Type
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Room Lamp Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Room Lamp Market: Competitive Dashboard
14.2 Global Automotive Room Lamp Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic (Japan)
14.3.2 HELLA (Germany)
14.3.3 Koito Manufacturing (Japan)
14.3.4 TVS Group (India)
14.3.5 Grupo Antolin-Irausa (Spain)
14.3.6 Mitsuba (Japan)
14.3.7 Kasai Kogyo (Japan)
14.3.8 Imasen Electric Industrial (Japan)
14.3.9 Ichikoh Industries (Japan)
14.3.10 LS Automotive (Korea)
14.3.11 Panasonic (Japan)
14.3.12 Lumax Industries (India)
