Germany Automotive Lighting Market (2024-2029)

RESEARCH METHODOLOGY

This research study involves the extensive use of secondary sources, such as company annual reports/presentations, industry association publications, industry magazine articles, directories, technical handbooks, World Economic Outlook, technical articles, and databases, to identify and collect information on the automotive lighting market. In-depth interviews have been conducted with various primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players (Lighting Manufacturers, Tier 2 Suppliers, and OEMs), and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess market prospects.

Secondary Research

In the secondary research process, various secondary sources have been used to identify and collect information relevant to an extensive commercial study of the automotive lighting market. These sources include company annual reports and presentations, press releases, and industry association publications such as those from the American Lighting Association (ALA), Canadian Automobile Association (CAA), China Association of Automobile Manufacturers (CAAM), European Automotive Lighting Association (EALA), International Forum on Automotive Lighting (IFAL), Automotive Component Manufacturers Association of India (ACMA), and European Automobile Manufacturers Association (EAAMA), among others. Additionally, secondary research has been conducted to understand the average number of various lights by vehicle type, historical vehicle production, and sales of new vehicles.

Primary Research

Extensive primary research has been conducted after developing an understanding of the global automotive lighting market through secondary research. Several primary interviews have been conducted with market experts from both the demand side, including OEMs, and the supply side, including automotive lighting manufacturers and distributors, across four major regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW). Approximately 25% and 75% of the primary interviews have been conducted with demand and supply side participants, respectively. Primary data has been collected through questionnaires, emails, and telephone interviews. Interviews have been conducted with professionals across different organizational functions, including sales, operations, and technical support, to provide a well-rounded perspective for the report.

Primary interviews have been conducted to gather insights such as ICE vehicle production and electric vehicle sales forecast, automotive lighting market forecast and penetration rate, future technology trends, and upcoming technologies in the automotive lighting industry. Data triangulation has been done with the information gathered from secondary research. Stakeholders from the demand and supply side have been interviewed to understand their views on the points mentioned above.

Breakdown of Primaries

Note: Tiers of companies are based on the supply chain of the automotive lighting market; companies’ revenues have not been considered.

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Market Size Estimation

A detailed market estimation approach has been followed to estimate and validate the value and volume of the automotive lighting market and other dependent submarkets, as mentioned below:

• The bottom-up and top-down approaches have been used to estimate and validate the size of the Automotive Lighting Market. For the bottom up approach, vehicle production data by country and vehicle type is obtained from secondary sources, automotive associations at country level, followed by identification of lighting applications installed across each vehicle type (passenger cars, light commercial vehicles, trucks, and buses), such as front lighting (headlights, fog lights, DRL, indicators), rear light (tail light, CHMSL, brake light, indicators, license plate, reverse lamps), side lights (side lights, ORVM), interior lights (dashboard, glove box, reading light, dome light, rear view mirror interior light). Vehicle production is multiplied by the number of lighting units installed per vehicle and the applicable penetration of each lighting application and technology to estimate lighting volumes. For instance, passenger vehicle production is multiplied by the number of headlights per vehicle and LED headlamp penetration to estimate the LED headlamp volume, which is then multiplied by the corresponding ASP to derive the technology market value. The average selling price is calculated based on company websites, secondary sources, and associations. The calculations are performed at the country level and aggregated across vehicle types, lighting applications, and technologies to estimate the overall automotive lighting market.
• The market size has been derived using parameters such as vehicle production and sales, vehicle type mix, average number of lighting units installed per vehicle, lighting technology penetration, and corresponding application penetration across the countries considered under the scope.
• Key players in the automotive lighting market have been identified through secondary research, and their global market shares and rankings have been determined through primary and secondary research.
• The research methodology included the study of annual and quarterly financial reports, regulatory filings of major market players, company presentations, press releases, and interviews with industry experts to gain detailed market insights.
• All major penetration rates, percentage shares, splits, and breakdowns for the Automotive Lighting Market have been determined through secondary sources and verified through primary sources.
• All key macro indicators affecting the revenue growth of the market segments and subsegments have been accounted for, reviewed in detail, verified through primary research, and analyzed to obtain validated and qualitative data

Automotive Lighting Market : Top-Down and Bottom-Up Approach

Data Triangulation

After arriving at the overall market size, the market has been split into several segments and sub-segments—using the market size estimation processes as explained above. Data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and determine the exact statistics of each market segment and subsegment. The data has been triangulated by studying various factors and trends.

Available customizations:

Along with the given market data, MarketsandMarkets offers customizations in accordance with a company’s specific needs. The following customization options are available:
The following customization options are available for the report:

Auto On/Off Function
Bending/Cornering
High Beam Assist
Headlight Levelling

Motorcycle
Scooter/Moped

(Note: Countries included in the study: China, India, Japan, South Korea, Thailand, Germany, UK, France, Spain, Italy, US, Canada, Mexico, Brazil, Russia.