Market Overview:
The global automotive xenon headlights market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 7.5% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The growth of the market can be attributed to the increasing demand for luxury cars and SUVs across the globe. Xenon headlights are considered as an important safety feature in these vehicles as they offer better illumination than traditional halogen headlights. In addition, governments across various countries are mandating installation of xenon headlights in all types of vehicles, which is further propelling the growth of this market. Based on type, low beam lights held a dominant share in 2017 and is expected to maintain its lead throughout the forecast period. This can be attributed to their widespread adoption as they consume less power and provide good illumination when compared with high beam lights.
Product Definition:
Automotive xenon headlights are headlights that use xenon gas instead of traditional halogen gas to light the bulbs. They produce a much brighter, whiter light than traditional headlights and are often used in luxury cars.
Low Beam Lights:
Low beam lights is a type of automotive headlight used for illuminating an area in front of the vehicle. The low beam lights are widely used in passenger cars and commercial vehicles to lighten up the road ahead for enhanced visibility. Low beam headlights serve as a substitute to high beams since they provide adequate illumination without blinding other drivers or creating glare.
High Beam Lights:
High Beam lights are used in automotive xeon headlights. They are designed to provide a wide and uniform illumination over the road, which can be compared to the natural daylight. The high beam lights have various benefits such as increased visibility, safety from other vehicles and pedestrians, alertness while driving etc., which is expected to drive market growth over the forecast period.
Application Insights:
The OEM segment held the largest market share of over 70% in 2017. The demand for automotive xenon headlights is generally higher among OEMs as they are more reliable and offer better quality than the aftermarket products. The growing importance of headlight reliability, safety and visibility has led to an increased focus on upgrading existing vehicle models with state-of-the-art technology, which is likely to fuel the demand for new vehicle production and thus increase product penetration over the forecast period.
The growing importance of headlight reliability, safety and visibility has led to an increased focus on upgrading existing vehicle models with state-of-the art technology which is likely to fuel new vehicle production thereby increasing penetration in global automotive xenon headlights market by 2030 ¢â‚¬ 29%.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing disposable income, rising vehicle production and sales, and stringent government regulations regarding fuel economy in the region. Asia Pacific dominated global aftermarket sales of Xenon headlight bulbs with a share of 42.0% in 2017 owing to high demand from countries such as India, China, Japan, South Korea etc., which have a large number of aging vehicles on road.
Europe accounted for over 25% market share in terms of revenue due to growing adoption by OEMs across Germany and Russia along with other Eastern European countries that witness winter season for more than two months. Moreover, presence of prominent luxury car manufacturers such as AUDI AG; BMW AG; Mercedes-Benz AMG GmbH; Porsche Cars Inc.
Growth Factors:
- Increasing demand for luxury and performance cars
- Technological advancements in xenon headlights
- Rising awareness about the benefits of xenon headlights over traditional halogen headlights
- Government regulations mandating the use of xenon headlights in certain vehicles segments
- Growing aftermarket for automotive xenon headlights
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Xenon Headlights Market Research Report
By Type
Low Beam Lights, High Beam Lights
By Application
OEMs, Aftermarket
By Companies
GE Lighting, Osram, Philips, Hella, Magneti Marelli, PIAA, Valeo, Hyundai Mobis
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Xenon Headlights Market Report Segments:
The global Automotive Xenon Headlights market is segmented on the basis of:
Types
Low Beam Lights, High Beam Lights
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
OEMs, Aftermarket
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:
- GE Lighting
- Osram
- Philips
- Hella
- Magneti Marelli
- PIAA
- Valeo
- Hyundai Mobis
Highlights of The Automotive Xenon Headlights 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:
- Low Beam Lights
- High Beam Lights
- By Application:
- OEMs
- Aftermarket
- 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 Xenon Headlights 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 Xenon headlights are a type of headlight that uses xenon gas as its light source. They produce a brighter and whiter light than traditional halogen or LED headlights, which makes them ideal for use on high-performance vehicles.
Some of the major players in the automotive xenon headlights market are GE Lighting, Osram, Philips, Hella, Magneti Marelli, PIAA, Valeo, Hyundai Mobis.
The automotive xenon headlights market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Xenon Headlights 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 Xenon Headlights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Xenon Headlights 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 Xenon Headlights 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 Xenon Headlights Market Size & Forecast, 2020-2028
4.5.1 Automotive Xenon Headlights Market Size and Y-o-Y Growth
4.5.2 Automotive Xenon Headlights Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Low Beam Lights
5.2.2 High Beam Lights
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Xenon Headlights 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 Xenon Headlights 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Low Beam Lights
9.6.2 High Beam Lights
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 Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 Aftermarket
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Low Beam Lights
10.6.2 High Beam Lights
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 Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 Aftermarket
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Low Beam Lights
11.6.2 High Beam Lights
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 Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 Aftermarket
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Low Beam Lights
12.6.2 High Beam Lights
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 Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 Aftermarket
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Low Beam Lights
13.6.2 High Beam Lights
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) Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 Aftermarket
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 Xenon Headlights Market: Competitive Dashboard
14.2 Global Automotive Xenon Headlights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Lighting
14.3.2 Osram
14.3.3 Philips
14.3.4 Hella
14.3.5 Magneti Marelli
14.3.6 PIAA
14.3.7 Valeo
14.3.8 Hyundai Mobis
