Market Overview:
The global vehicle OLED lighting market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and eco-friendly lighting solutions, rising adoption of advanced technologies in vehicles, and growing demand for luxury cars. The global vehicle OLED lighting market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into exterior lighting and interior lighting. Exterior Lighting includes headlamps, tail lamps, fog lamps etc., while Interior Lighting includes dashboard lights, reading lights etc. On the basis of application, the market is segmented into passenger car (PC), commercial vehicle (CV), and others (two wheelers/three wheelers). Passenger car accounted for a major share in 2017 owing to increasing sales of luxury cars across different regions. However; CV sector is expected to grow at a higher CAGR during 2018-2030 due to increase in freight traffic globally coupled with stringent emission norms being implemented by various governments across different geographies. Regionally; North America accounted for a major share in 2017 followed by Europe due To high penetration rate Of advanced technologies In vehicles In these regions And Increasing Demand For Luxury Cars .
Product Definition:
Vehicle OLED Lighting is an emerging technology that uses organic light-emitting diodes (OLEDs) to create lighting. OLEDs are thin, flat panels of organic materials that emit light when electricity is applied. Vehicle OLED Lighting has many advantages over traditional incandescent and fluorescent lighting technologies.
-Improved visibility: Vehicle OLED Lighting can provide a much brighter and clearer view of the road ahead, which can improve safety while driving at night or in bad weather conditions.
-Lower power consumption: Vehicle OLED Lighting consumes significantly less power than traditional lighting technologies, which can lead to improved fuel economy and reduced emissions.
-Longer lifespan: Vehicle OLED Lights have a longer lifespan than traditional lighting technologies, meaning they need to be replaced less often. This also contributes to lower long-term costs for vehicle owners.
Exterior Lighting:
Exterior lighting is the general term for ambient lightings used to illuminate objects or surroundings. It can be seen from a distance and helps in enhancing safety, attracting attention, identifying objects, warning others of danger or signaling for help. Exterior lights are also known as vehicle exterior lights; an ex-light-vehicle is a vehicle that no longer has functioning headlamps and taillamps (tail lamps).
Interior Lighting:
Interior lighting is the internal illumination that provides ambient light in an automobile. Interior lighting can be seen in the form of LEDs, compact fluorescent lamps (CFLs), and other sources such as solar panels. The usage of OLED for interior lighting has been prevalent since 2010; however, it was only used to illuminate items within a specific distance from the vehicle’s driver or passenger.
Application Insights:
Passenger car application dominated the global vehicle OLED lighting market, accounting for over 55% of the revenue share in 2017. The growing popularity of advanced features and technologies, such as infotainment systems with integrated LED lighting, is expected to drive the segment growth over the forecast period. Moreover, increasing adoption of these lights in premium cars is likely to fuel industry expansion during future years.
Commercial vehicle application was estimated at USD 1,252.6 million in 2017 owing to high brightness and wide viewing angles offered by these lights on trucks and buses that aid drivers in avoiding accidents while driving at night time or during foggy weather conditions.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period owing to increasing adoption of advanced automotive lighting solutions in countries, such as the U.S., Canada, and Mexico. Moreover, growing popularity of electric vehicles is also anticipated to drive regional growth over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rising disposable income levels and increased spending on passenger cars and commercial vehicles in China, India, South Korea, Japan among other emerging economies including Brazil and Argentina among others).
Europe was estimated at USD X million in 2017 due primarily high demand from Germany which accounted for more than 30% share globally that year followed by UK (19%) & France (18%).
Growth Factors:
- Increasing demand for OLED lighting in automotive applications
- Rising demand for energy-efficient and eco-friendly lighting solutions
- Growing popularity of OLED lighting among consumers
- Proliferation of advanced LED technologies and their declining prices
- Stringent government regulations promoting the adoption of energy-efficient lighting solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle OLED Lighting Market Research Report
By Type
Exterior Lighting, Interior Lighting
By Application
Passenger Car, Commercial Vehicle, Others
By Companies
Astron FIAMM, LG, OSRAM, Royal Philips, GE, Konica Minolta, Nippon Seiki, Winstar, Visteon, Astron FIAMM
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle OLED Lighting Market Report Segments:
The global Vehicle OLED Lighting market is segmented on the basis of:
Types
Exterior Lighting, Interior Lighting
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 Car, Commercial Vehicle, Others
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:
- Astron FIAMM
- LG
- OSRAM
- Royal Philips
- GE
- Konica Minolta
- Nippon Seiki
- Winstar
- Visteon
- Astron FIAMM
Highlights of The Vehicle OLED Lighting 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:
- Exterior Lighting
- Interior Lighting
- By Application:
- Passenger Car
- Commercial Vehicle
- Others
- 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 Vehicle OLED Lighting 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?
Vehicle OLED lighting is a type of lighting that uses organic light-emitting diodes (OLEDs). OLEDs are thin, flexible panels that can be mounted on the inside or outside of a vehicle. They produce intense, pure colors and offer many advantages over traditional light sources, such as being energy efficient and able to last longer without needing to be replaced.
Some of the major companies in the vehicle oled lighting market are Astron FIAMM, LG, OSRAM, Royal Philips, GE, Konica Minolta, Nippon Seiki, Winstar, Visteon, Astron FIAMM.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vehicle OLED Lighting 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 Vehicle OLED Lighting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle OLED Lighting 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 Vehicle OLED Lighting 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 Vehicle OLED Lighting Market Size & Forecast, 2020-2028
4.5.1 Vehicle OLED Lighting Market Size and Y-o-Y Growth
4.5.2 Vehicle OLED Lighting 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 Exterior Lighting
5.2.2 Interior Lighting
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 Passenger Car
6.2.2 Commercial Vehicle
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle OLED Lighting 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 Vehicle OLED Lighting 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 Exterior Lighting
9.6.2 Interior Lighting
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 Passenger Car
9.10.2 Commercial Vehicle
9.10.3 Others
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 Exterior Lighting
10.6.2 Interior Lighting
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 Passenger Car
10.10.2 Commercial Vehicle
10.10.3 Others
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 Exterior Lighting
11.6.2 Interior Lighting
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 Passenger Car
11.10.2 Commercial Vehicle
11.10.3 Others
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 Exterior Lighting
12.6.2 Interior Lighting
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 Passenger Car
12.10.2 Commercial Vehicle
12.10.3 Others
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 Exterior Lighting
13.6.2 Interior Lighting
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 Passenger Car
13.10.2 Commercial Vehicle
13.10.3 Others
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 Vehicle OLED Lighting Market: Competitive Dashboard
14.2 Global Vehicle OLED Lighting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Astron FIAMM
14.3.2 LG
14.3.3 OSRAM
14.3.4 Royal Philips
14.3.5 GE
14.3.6 Konica Minolta
14.3.7 Nippon Seiki
14.3.8 Winstar
14.3.9 Visteon
14.3.10 Astron FIAMM
