Automotive Tail Light Market
Automotive Tail Light Market by Source (LED, Halogen), by Vehicle Type (Passenger Cars, Two Wheelers, LCV, HCV), by Material Type (Plastic, Metal), by Sales Channel (Aftermarket, OEM) & by Region - Global Forecast 2022-2032
Analysis of Automotive Tail Light Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Automotive Tail Light Industry Outlook (2022 to 2032)
The global Automotive Tail Light market is likely to be valued at US$ 12.2 Billion in FY 2022, up from US$ 11.5 Billion in 2021.
During the past year, the industry registered a Y-o-Y increase worth 6%. From 2022 to 2032, automotive tail light sales are poised to flourish at a CAGR of 6% to reach a value of US$ 22 Billion by the end of 2032.
Demand for LED automotive tail lights will continue to thrive, with a documented CAGR of 6% during the 2015-2021 historical period of assessment, while demand for automotive tail light in passenger cars proliferated at a rate of 5.5% during the same period. APEJ will dominate the global market, registering a growth opportunity worth US$ 6.5 Billion from 2022 to 2032.
| Report Attributes | Details |
|---|---|
| Anticipated Base Year Value (2021) | US$ 11.5 Billion |
| Expected Market Value (2022) | US$ 12.2 Billion |
| Projected Forecast Value (2032) | US$ 22 Billion |
| Global Growth Rate (2022-2032) | 6% CAGR |
| Growth Rate of the North American Market (2022-2032) | 6.5% CAGR |
| Expected Market Value of APEJ (2032) | US$ 6.5 Billion |
| Europe Market Expansion Rate (2022-2032) | 4.8% CAGR |
| Key Companies Profiled | General Electric Company; HELLA KGaA Hueck & Co.; Koito Manufacturing Co. Ltd.; Valeo S.A; Koninklijke Philips N.V; OSRAM Licht AG; Phoenix Lamps Limited; Robert Bosch Limited; Sammoon Lighting and Electrical Co. Ltd.; Stanley Electric; UNOMINDA |
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2015 to 2021 Automotive Tail Light Market Revenue Analysis vs. Market Outlook 2022 to 2032
Fact.MR’s recent analysis reveals that the automotive tail light market grew at a sluggish CAGR of nearly 4% from 2015 to 2021, surpassing the revenue of US$ 11.5 Billion in 2021.
According to a recent publication by Fact.MR, the global market for automotive tail lights will continue to witness a minuscule rate of growth owing to the limited scope of applicability of automotive taillights, which is expected to remain responsible for undermining the growth prospects of the global market for the automotive tail light.
Fact.MR has predicted the Automotive Tail Light market to surge at a 6% CAGR between 2022 and 2032. Growing consumer demand for sleek, lightweight, and functional vehicles is fueling innovations in each structural and functional vehicular component, including automotive tail light.
Key Drivers Stimulating Automotive Tail Light Industry Expansion
Automotive adaptive lighting systems are becoming more popular because they improve driving safety. Vehicle manufacturers, on the other hand, are positioning these systems as a differentiator in the car sales market. Vehicles with adaptive lighting systems have better night vision capabilities.
Automotive adaptive lighting systems also improve a vehicle's aesthetic appeal. Rear lamps are one of such car aspects that play a crucial role in the vehicle’s appearance. A car adaptive lighting system's design and architecture provide styling variety, acting as a distinct brand trademark.
The usage of rear combination lamps for vehicles has catered plentiful benefits such as better brightness, energy, and cost-saving and also presents enhanced safety. Due to these factors, the global automotive rear combination lamp market is likely to spectate robust growth in the upcoming years.
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Key Challenges to Automotive Tail Light Industry Expansion
The poor weather conditions causing functional concerns would be a principal challenge for the car adaptive lighting market in countries like U.S & Canada.
Besides, commercial vehicles such as freight trucks drive thousands of miles regularly. Thus, the utilization of advanced lighting technologies may not be reasonable. Moreover, high cost discourages manufacturers from offering advanced lighting systems in this vehicle section. Consequently, only a few commercial vehicle creators have presented advanced lighting systems in their vehicles.
Country-wise Analysis
How Opportunistic are Growth Prospects across North America?
North America captured nearly 3/5th share in 2021 and is poised to record a CAGR of 6.5% over the forecast period. Adaptive headlights offer enhanced visualization to the driver during the night and other poor-vision conditions by altering the headlight angle and delivering the required intensity of the light.
These systems emanate white or amber light in the countries of the region, unlike other countries where white is the authorized color for automotive lighting systems.
Besides, adaptive headlights also decrease shimmer from oncoming traffic and pedestrians, and the implementation of ALS as a safety system has augmented significantly even across mid-price segment vehicles in North America. The advancement of projector lamp systems, along with developments in sensor technology, will stimulate the growth of the market significantly in the province.
Owing to the towering fatality rate in traffic accident rates in the United States on curved and dimmed light roads joined with inadequate flexibility of the static headlight systems are some of the foremost drivers thrusting the growth of the North American adaptive lighting systems market.
Fact.MR’s recent analysis reveals that the North American market for Automotive Tail Light is estimated to surpass US$ 3 Billion by 2032 end, estimated at nearly US$ 1.5 Billion in 2021.
Why are Automotive Tail Light Providers Venturing into APEJ?
APEJ is estimated to foster the demand for the automotive tail light at a substantial rate; backed by the gradual introduction of automotive manufacturing facilities. The launch of products like interior cabin lights that comprise sterilization features in vehicles may also nurture vehicle sales, further propelling the automotive lighting market.
In terms of country-wise growth, China, the global manufacturing hub, has been one high-potential market for automotive taillight over the years. The lower-Price points in terms of raw material as well as labor will continue to enable the Chinese market for automotive tail light to remain the key revenue generator over 2022-2032.
The market value is forecasted to exceed US$ 6.5 Billion, following a growth rate of 6.6% throughout the forecast period. In 2021, the market evaluated nearly US$ 3.2 Billion.
Additionally, prominent manufacturers in this region are concentrating on technological advancements, including lighting, therefore, thrusting the demand for automotive lighting. The rise in consumer per capita income and high sales of SUVs in emerging economies such as India will drive the market further.
Region-wise Value CAGRs for Automotive Tail Light (2022-2032)
| Region | CAGR |
|---|---|
| North America | 6.5% |
| APEJ | 6.6% |
| Europe | 4.8% |
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Category-wise Insights
Which Vehicle Type is Most Preferred in the Automotive Tail Light Market?
The passenger car segment accounted for 4/5th market share in 2021. The commercial vehicle segment is also anticipated to show lucrative growth in the market over the forecast period due to governments' initiatives for improving commercial vehicle safety standards.
With a market valuation of nearly US$ 5 Billion in 2022, passenger cars are foreseen to remain the most attractive vehicle type for automotive taillight manufacturers.
By Technology Type, which Automotive Tail Light is expected to Dominate?
LEDs last 20 time longer than conventionally used incandescent bulbs, making an excellent attribute for adoption for the former. Moreover, while conventional lamps achieve an electrical conversion of up to 10%, LEDs have been proven to convert nearly 90% of the energy into light.
Several manufacturers are also focusing on providing LED tailgate light bars for an additional safety and functionality element in heavy transport and commercial vehicles. Despite holding the largest value share of over 50% in the global automotive tail light market, the performance of halogen is presumed to face rigorous competition by LED, which is anticipated to exhibit a higher CAGR through 2032.
Competitive Landscape
Prominent automotive tail light providers are reliant on partnerships, collaborations, acquisitions, and new software launch to stay afloat in the global market. Constant innovations to ensure a seamless client-customer relationship are the main focus of prominent market players.
- In August 2021, the lighting and electronics specialist HELLA and French automotive supplier Faurecia signed an agreement on the combination of the two companies. As part of the transaction, Faurecia will acquire the 60 percent stake held by HELLA pool shareholders. In addition, Faurecia has announced a voluntary public tender offer to acquire the remaining HELLA shares at an offer price of € 60 per share
- In April 2022, Bosch is further ramping up its play in the automated vehicle market with the acquisition of automated driving startup Five. While the financial details of the deal remain undisclosed, the acquisition will enable Bosch to further its development of self-driving cars and will see the respective software engineering teams merge. Five will form part of Bosch's cross-domain computing solutions division.
Key Segments Covered in the Automotive Tail Light Industry Survey
-
By Source :
- LED
- Halogen
-
By Vehicle Type :
- Passenger Cars
- Two-Wheelers
- HCVs
- LCVs
-
By Material Type :
- Plastic
- Metal
-
By Sales Channel :
- Sales via Aftermarkets
- Sales via OEM
-
By Region :
- North America
- Latin America
- Europe
- APEJ
- Japan
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Global Market Analysis and Forecast by Tail Light Source
- 3.1. Halogen
- 3.2. LED
- 4. Global Market Analysis and Forecast by Vehicle Type
- 4.1. Passenger Car
- 4.2. Two-Wheeler
- 4.3. LCV
- 4.4. HCV
- 5. Global Market Analysis and Forecast by Material Type
- 5.1. Plastic
- 5.2. Metal
- 6. Global Market Analysis and Forecast by Sales Channel
- 6.1. Aftermarket
- 6.2. OEM
- 7. Global Market Analysis and Forecast by Region
- 7.1. North America
- 7.2. Latin America
- 7.3. Europe
- 7.4. Japan
- 7.5. APEJ
- 7.6. MEA
- 8. North America Market Analysis and Forecast, By Country, 2015-2032
- 9. Latin America Market Analysis and Forecast, By Country, 2015-2032
- 10. Europe Market Analysis and Forecast, By Country, 2015-2032
- 11. Japan Market Analysis and Forecast, By Country, 2015-2032
- 12. APEJ Market Analysis and Forecast, By Country, 2015-2032
- 13. MEA Market Analysis and Forecast, By Country, 2015-2032
- 14. Global Market Company/Manufactures/Distributors/Suppliers Profile and Revenue Projections
- 14.1. General Electric Company
- 14.2. HELLA KGaA Hueck & Co
- 14.3. Koito Manufacturing Co., Ltd.: Company Profile
- 14.4. Valeo SA
- 14.5. Koninklijke Philips N.V
- 14.6. OSRAM Licht AG: Company Profile
- 14.7. Phoenix Lamps Limited: Company Profile
- 14.8. Robert Bosch Limited: Company Profile
- 14.9. Sammoon Lighting & Electrical Co., Ltd.: Company Profile
- 14.10. Stanley Electric: Company Profile
- 14.11. UNOMINDA: Company Profile
- 15. Disclaimer and Contact information
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List Of Table
TABLE 01: Global Market Value (US$ Million), 2015-2021
TABLE 02: Global Market Value (US$ Million), 2022-2032
TABLE 03: Global Market Value (US$ Million) and Y-o-Y, 2015-2022
TABLE 04: Global Halogen Segment Value (US$ Million), By Region 2015-2021
TABLE 05: Global Halogen Segment Value (US$ Million), By Region 2022-2032
TABLE 06: Global Halogen Segment Market Share, By Region 2015-2021
TABLE 07: Global Halogen Segment Market Share, By Region 2022-2032
TABLE 08: Global Halogen Segment Y-o-Y, By Region 2015-2022
TABLE 09: Global LED Segment Value (US$ Million), By Region 2015-2021
TABLE 10: Global LED Segment Value (US$ Million), By Region 2022-2032
TABLE 11: Global LED Segment Market Share, By Region 2015-2021
TABLE 12: Global LED Segment Market Share, By Region 2022-2032
TABLE 13: Global LED Segment Y-o-Y, By Region 2015-2022
TABLE 14: Global Passenger Car Segment Value (US$ Million), By Region 2015-2021
TABLE 15: Global Passenger Car Segment Value (US$ Million), By Region 2022-2032
TABLE 16: Global Passenger Car Segment Market Share, By Region 2015-2021
TABLE 17: Global Passenger Car Segment Market Share, By Region 2022-2032
TABLE 18: Global Passenger Car Segment Y-o-Y, By Region 2015-2022
TABLE 19: Global Two-Wheeler Segment Value (US$ Million), By Region 2015-2021
TABLE 20: Global Two-Wheeler Segment Value (US$ Million), By Region 2022-2032
TABLE 21: Global Two-Wheeler Segment Market Share, By Region 2015-2021
TABLE 22: Global Two-Wheeler Segment Market Share, By Region 2022-2032
TABLE 23: Global Two-Wheeler Segment Y-o-Y, By Region 2015-2022
TABLE 24: Global LCV Segment Value (US$ Million), By Region 2015-2021
TABLE 25: Global LCV Segment Value (US$ Million), By Region 2022-2032
TABLE 26: Global LCV Segment Market Share, By Region 2015-2021
TABLE 27: Global LCV Segment Market Share, By Region 2022-2032
TABLE 28: Global LCV Segment Y-o-Y, By Region 2015-2022
TABLE 29: Global HCV Segment Value (US$ Million), By Region 2015-2021
TABLE 30: Global HCV Segment Value (US$ Million), By Region 2022-2032
TABLE 31: Global HCV Segment Market Share, By Region 2015-2021
TABLE 32: Global HCV Segment Market Share, By Region 2022-2032
TABLE 33: Global HCV Segment Y-o-Y, By Region 2015-2022
TABLE 34: Global Plastic Segment Value (US$ Million), By Region 2015-2021
TABLE 35: Global Plastic Segment Value (US$ Million), By Region 2022-2032
TABLE 36: Global Plastic Segment Market Share, By Region 2015-2021
TABLE 37: Global Plastic Segment Market Share, By Region 2022-2032
TABLE 38: Global Plastic Segment Y-o-Y, By Region 2015-2022
TABLE 39: Global Metal Segment Value (US$ Million), By Region 2015-2021
TABLE 40: Global Metal Segment Value (US$ Million), By Region 2022-2032
TABLE 41: Global Metal Segment Market Share, By Region 2015-2021
TABLE 42: Global Metal Segment Market Share, By Region 2022-2032
TABLE 43: Global Metal Segment Y-o-Y, By Region 2015-2022
TABLE 44: Global Aftermarket Segment Value (US$ Million), By Region 2015-2021
TABLE 45: Global Aftermarket Segment Value (US$ Million), By Region 2022-2032
TABLE 46: Global Aftermarket Segment Market Share, By Region 2015-2021
TABLE 47: Global Aftermarket Segment Market Share, By Region 2022-2032
TABLE 48: Global Aftermarket Segment Y-o-Y, By Region 2015-2022
TABLE 49: Global OEM Segment Value (US$ Million), By Region 2015-2021
TABLE 50: Global OEM Segment Value (US$ Million), By Region 2022-2032
TABLE 51: Global OEM Segment Market Share, By Region 2015-2021
TABLE 52: Global OEM Segment Market Share, By Region 2022-2032
TABLE 53: Global OEM Segment Y-o-Y, By Region 2015-2022
TABLE 54: North America Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 55: North America Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 56: North America Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 57: North America Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 58: North America Market Value (US$ Million), By Material Type 2015-2021
TABLE 59: North America Market Value (US$ Million), By Material Type 2022-2032
TABLE 60: North America Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 61: North America Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 62: Latin America Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 63: Latin America Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 64: Latin America Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 65: Latin America Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 66: Latin America Market Value (US$ Million), By Material Type 2015-2021
TABLE 67: Latin America Market Value (US$ Million), By Material Type 2022-2032
TABLE 68: Latin America Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 69: Latin America Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 70: Europe Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 71: Europe Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 72: Europe Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 73: Europe Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 74: Europe Market Value (US$ Million), By Material Type 2015-2021
TABLE 75: Europe Market Value (US$ Million), By Material Type 2022-2032
TABLE 76: Europe Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 77: Europe Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 78: Japan Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 79: Japan Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 80: Japan Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 81: Japan Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 82: Japan Market Value (US$ Million), By Material Type 2015-2021
TABLE 83: Japan Market Value (US$ Million), By Material Type 2022-2032
TABLE 84: Japan Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 85: Japan Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 86: APEJ Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 87: APEJ Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 88: APEJ Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 89: APEJ Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 90: APEJ Market Value (US$ Million), By Material Type 2015-2021
TABLE 91: APEJ Market Value (US$ Million), By Material Type 2022-2032
TABLE 92: APEJ Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 93: APEJ Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 94: MEA Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 95: MEA Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 96: MEA Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 97: MEA Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 98: MEA Market Value (US$ Million), By Material Type 2015-2021
TABLE 99: MEA Market Value (US$ Million), By Material Type 2022-2032
TABLE 100: MEA Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 101: MEA Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 102: US Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 103: US Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 104: US Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 105: US Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 106: US Market Value (US$ Million), By Material Type 2015-2021
TABLE 107: US Market Value (US$ Million), By Material Type 2022-2032
TABLE 108: US Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 109: US Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 110: Canada Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 111: Canada Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 112: Canada Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 113: Canada Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 114: Canada Market Value (US$ Million), By Material Type 2015-2021
TABLE 115: Canada Market Value (US$ Million), By Material Type 2022-2032
TABLE 116: Canada Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 117: Canada Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 118: Brazil Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 119: Brazil Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 120: Brazil Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 121: Brazil Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 122: Brazil Market Value (US$ Million), By Material Type 2015-2021
TABLE 123: Brazil Market Value (US$ Million), By Material Type 2022-2032
TABLE 124: Brazil Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 125: Brazil Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 126: Mexico Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 127: Mexico Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 128: Mexico Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 129: Mexico Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 130: Mexico Market Value (US$ Million), By Material Type 2015-2021
TABLE 131: Mexico Market Value (US$ Million), By Material Type 2022-2032
TABLE 132: Mexico Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 133: Mexico Market Value (US$ Million), By Sales Channel 2022-2032
TABLE134 : Argentina Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 135: Argentina Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE136 : Argentina Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 137: Argentina Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 138: Argentina Market Value (US$ Million), By Material Type 2015-2021
TABLE 139: Argentina Market Value (US$ Million), By Material Type 2022-2032
TABLE 140: Argentina Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 141: Argentina Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 142: Germany Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 143: Germany Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 144: Germany Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 145: Germany Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 146: Germany Market Value (US$ Million), By Material Type 2015-2021
TABLE 147: Germany Market Value (US$ Million), By Material Type 2022-2032
TABLE 148: Germany Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 149: Germany Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 150: UK Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 151: UK Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 152: UK Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 153: UK Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 154: UK Market Value (US$ Million), By Material Type 2015-2021
TABLE 155: UK Market Value (US$ Million), By Material Type 2022-2032
TABLE 156: UK Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 157: UK Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 158: France Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 159: France Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 160: France Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 161: France Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 162: France Market Value (US$ Million), By Material Type 2015-2021
TABLE 163: France Market Value (US$ Million), By Material Type 2022-2032
TABLE 164: France Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 165: France Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 166: Spain Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 167: Spain Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 168: Spain Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 169: Spain Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 170: Spain Market Value (US$ Million), By Material Type 2015-2021
TABLE 171: Spain Market Value (US$ Million), By Material Type 2022-2032
TABLE 172: Spain Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 173: Spain Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 174: Italy Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 175: Italy Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 176: Italy Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 177: Italy Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 178: Italy Market Value (US$ Million), By Material Type 2015-2021
TABLE 179: Italy Market Value (US$ Million), By Material Type 2022-2032
TABLE 180: Italy Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 181: Italy Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 182: Nordic Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 183: Nordic Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 184: Nordic Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 185: Nordic Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 186: Nordic Market Value (US$ Million), By Material Type 2015-2021
TABLE 187: Nordic Market Value (US$ Million), By Material Type 2022-2032
TABLE 188: Nordic Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 189: Nordic Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 190: Japan Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 191: Japan Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 192: Japan Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 193: Japan Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 194: Japan Market Value (US$ Million), By Material Type 2015-2021
TABLE 195: Japan Market Value (US$ Million), By Material Type 2022-2032
TABLE 196: Japan Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 197: Japan Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 198: China Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 199: China Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 200: China Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 201: China Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 202: China Market Value (US$ Million), By Material Type 2015-2021
TABLE 203: China Market Value (US$ Million), By Material Type 2022-2032
TABLE 204: China Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 205: China Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 206: India Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 207: India Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 208: India Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 209: India Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 210: India Market Value (US$ Million), By Material Type 2015-2021
TABLE 211: India Market Value (US$ Million), By Material Type 2022-2032
TABLE 212: India Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 213: India Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 214: Malaysia Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 215: Malaysia Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 216: Malaysia Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 217: Malaysia Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 218: Malaysia Market Value (US$ Million), By Material Type 2015-2021
TABLE 219: Malaysia Market Value (US$ Million), By Material Type 2022-2032
TABLE 220: Malaysia Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 221: Malaysia Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 222: Australia Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 223: Australia Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 224: Australia Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 225: Australia Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 226: Australia Market Value (US$ Million), By Material Type 2015-2021
TABLE 227: Australia Market Value (US$ Million), By Material Type 2022-2032
TABLE 228: Australia Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 229: Australia Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 230: Thailand Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 231: Thailand Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 232: Thailand Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 233: Thailand Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 234: Thailand Market Value (US$ Million), By Material Type 2015-2021
TABLE 235: Thailand Market Value (US$ Million), By Material Type 2022-2032
TABLE 236: Thailand Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 237: Thailand Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 238: Singapore Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 239: Singapore Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 240: Singapore Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 241: Singapore Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 242: Singapore Market Value (US$ Million), By Material Type 2015-2021
TABLE 243: Singapore Market Value (US$ Million), By Material Type 2022-2032
TABLE 244: Singapore Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 245: Singapore Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 246: GCC Countries Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 247: GCC Countries Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 248: GCC Countries Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 249: GCC Countries Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 250: GCC Countries Market Value (US$ Million), By Material Type 2015-2021
TABLE 251: GCC Countries Market Value (US$ Million), By Material Type 2022-2032
TABLE 252: GCC Countries Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 253: GCC Countries Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 254: South Africa Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 255: South Africa Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 256: South Africa Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 257: South Africa Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 258: South Africa Market Value (US$ Million), By Material Type 2015-2021
TABLE 259: South Africa Market Value (US$ Million), By Material Type 2022-2032
TABLE 260: South Africa Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 261: South Africa Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 262: Israel Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 263: Israel Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 264: Israel Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 265: Israel Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 266: Israel Market Value (US$ Million), By Material Type 2015-2021
TABLE 267: Israel Market Value (US$ Million), By Material Type 2022-2032
TABLE 268: Israel Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 269: Israel Market Value (US$ Million), By Sales Channel 2022-2032
TABLE 270: Nigeria Market Value (US$ Million), By Tail Light Source 2015-2021
TABLE 271: Nigeria Market Value (US$ Million), By Tail Light Source 2022-2032
TABLE 272: Nigeria Market Value (US$ Million), By Vehicle Type 2015-2021
TABLE 273: Nigeria Market Value (US$ Million), By Vehicle Type 2022-2032
TABLE 274: Nigeria Market Value (US$ Million), By Material Type 2015-2021
TABLE 275: Nigeria Market Value (US$ Million), By Material Type 2022-2032
TABLE 276: Nigeria Market Value (US$ Million), By Sales Channel 2015-2021
TABLE 277: Nigeria Market Value (US$ Million), By Sales Channel 2022-2032
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List Of Figures
FIG. 01: Global Market Value (US$ Million), 2015-2021
FIG. 02: Global Market Value (US$ Million) Forecast, 2022-2032
FIG. 03: Global Market Value (US$ Million) and Y-o-Y, 2015-2022
FIG. 04: Global Halogen Segment Market Value (US$ Million) By Region, 2015-2021
FIG. 05: Global Halogen Segment Market Value (US$ Million) By Region, 2022-2032
FIG. 06: Global Halogen Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 07: Global LED Segment Market Value (US$ Million) By Region, 2015-2021
FIG. 08: Global LED Segment Market Value (US$ Million) By Region, 2022-2032
FIG. 09: Global LED Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 10: Global Passenger Car Segment Market Value (US$ Million) By Region, 2015-2021
FIG. 11: Global Passenger Car Segment Market Value (US$ Million) By Region, 2022-2032
FIG. 12: Global Passenger Car Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 13: Global Two-Wheeler Segment Market Value (US$ Million) By Region, 2015-2021
FIG. 14: Global Two-Wheeler Segment Market Value (US$ Million) By Region, 2022-2032
FIG. 15: Global Two-Wheeler Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 16: Global LCV Segment Market Value (US$ Million) By Region, 2015-2021
FIG. 17: Global LCV Segment Market Value (US$ Million) By Region, 2022-2032
FIG. 18: Global LCV Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 19: Global HCV Segment Market Value (US$ Million) By Region, 2015-2021
FIG. 20: Global HCV Segment Market Value (US$ Million) By Region, 2022-2032
FIG. 21: Global HCV Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 22: Global Plastic Segment Market Value (US$ Million) By Region, 2015-2021
FIG. 23: Global Plastic Segment Market Value (US$ Million) By Region, 2022-2032
FIG. 24: Global Plastic Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 25: Global Metal Segment Market Value (US$ Million) By Region, 2015-2021
FIG. 26: Global Metal Segment Market Value (US$ Million) By Region, 2022-2032
FIG. 27: Global Metal Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 28: Global Aftermarket Segment Market Value (US$ Million) By Region, 2015-2021
FIG. 29: Global Aftermarket Segment Market Value (US$ Million) By Region, 2022-2032
FIG. 30: Global Aftermarket Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 31: Global OEM Segment Market Value (US$ Million) By Region, 2015-2021
FIG. 32: Global OEM Segment Market Value (US$ Million) By Region, 2022-2032
FIG. 33: Global OEM Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 34: North America Market Value (US$ Million), By Tail Light Source 2015-2021
FIG. 35: North America Market Value (US$ Million), By Tail Light Source 2022-2032
FIG. 36: North America Market Value (US$ Million), By Vehicle Type 2015-2021
FIG. 37: North America Market Value (US$ Million), By Vehicle Type 2022-2032
FIG. 38: North America Market Value (US$ Million), By Material Type 2015-2021
FIG. 39: North America Market Value (US$ Million), By Material Type 2022-2032
FIG. 40: North America Market Value (US$ Million), By Sales Channel 2015-2021
FIG. 41: North America Market Value (US$ Million), By Sales Channel 2022-2032
FIG. 42: Latin America Market Value (US$ Million), By Tail Light Source 2015-2021
FIG. 43: Latin America Market Value (US$ Million), By Tail Light Source 2022-2032
FIG. 44: Latin America Market Value (US$ Million), By Vehicle Type 2015-2021
FIG. 45: Latin America Market Value (US$ Million), By Vehicle Type 2022-2032
FIG. 46: Latin America Market Value (US$ Million), By Material Type 2015-2021
FIG. 47: Latin America Market Value (US$ Million), By Material Type 2022-2032
FIG. 48: Latin America Market Value (US$ Million), By Sales Channel 2015-2021
FIG. 49: Latin America Market Value (US$ Million), By Sales Channel 2022-2032
FIG. 50: Europe Market Value (US$ Million), By Tail Light Source 2015-2021
FIG. 51: Europe Market Value (US$ Million), By Tail Light Source 2022-2032
FIG. 52: Europe Market Value (US$ Million), By Vehicle Type 2015-2021
FIG. 53: Europe Market Value (US$ Million), By Vehicle Type 2022-2032
FIG. 54: Europe Market Value (US$ Million), By Material Type 2015-2021
FIG. 55: Europe Market Value (US$ Million), By Material Type 2022-2032
FIG. 56: Europe Market Value (US$ Million), By Sales Channel 2015-2021
FIG. 57: Europe Market Value (US$ Million), By Sales Channel 2022-2032
FIG. 58: Japan Market Value (US$ Million), By Tail Light Source 2015-2021
FIG. 59: Japan Market Value (US$ Million), By Tail Light Source 2022-2032
FIG. 60: Japan Market Value (US$ Million), By Vehicle Type 2015-2021
FIG. 61: Japan Market Value (US$ Million), By Vehicle Type 2022-2032
FIG. 62: Japan Market Value (US$ Million), By Material Type 2015-2021
FIG. 63: Japan Market Value (US$ Million), By Material Type 2022-2032
FIG. 64: Japan Market Value (US$ Million), By Sales Channel 2015-2021
FIG. 65: Japan Market Value (US$ Million), By Sales Channel 2022-2032
FIG. 66: APEJ Market Value (US$ Million), By Tail Light Source 2015-2021
FIG. 67: APEJ Market Value (US$ Million), By Tail Light Source 2022-2032
FIG. 68: APEJ Market Value (US$ Million), By Vehicle Type 2015-2021
FIG. 69: APEJ Market Value (US$ Million), By Vehicle Type 2022-2032
FIG. 70: APEJ Market Value (US$ Million), By Material Type 2015-2021
FIG. 71: APEJ Market Value (US$ Million), By Material Type 2022-2032
FIG. 72: APEJ Market Value (US$ Million), By Sales Channel 2015-2021
FIG. 73: APEJ Market Value (US$ Million), By Sales Channel 2022-2032
FIG. 74: MEA Market Value (US$ Million), By Tail Light Source 2015-2021
FIG. 75: MEA Market Value (US$ Million), By Tail Light Source 2022-2032
FIG. 76: MEA Market Value (US$ Million), By Vehicle Type 2015-2021
FIG. 77: MEA Market Value (US$ Million), By Vehicle Type2022-2032
FIG. 78: MEA Market Value (US$ Million), By Material Type 2015-2021
FIG. 79: MEA Market Value (US$ Million), By Material Type 2022-2032
FIG. 80: MEA Market Value (US$ Million), By Sales Channel 2015-2021
FIG. 81: MEA Market Value (US$ Million), By Sales Channel 2022-2032
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- FAQs -
What was the market worth for automotive tail lights in 2021?
As of 2021, Fact.MR estimated the automotive tail light market to have reached US$ 11.5 Billion
What is the expected worth of the automotive tail light industry in 2022?
By 2022, Fact.MR expected demand for automotive tail lights to reach US$ 12.2 Billion
At what rate did the automotive tail light market flourish from 2015 to 2021?
From 2015-to 2021, the automotive tail light market grew at a 4% value CAGR
What is the expected forecast CAGR for automotive tail lights from 2022-to 2032?
From 2022-to 2032, automotive tail light demand is likely to surge at a 6% CAGR
At what value will the market for automotive tail lights close in 2032?
By 2032, the market for automotive tail lights is likely to be valued at US$ 22 Billion
What is the expected market value for the North American automotive tail light market?
By 2032, Fact.MR expects the North American market for automotive tail light to flourish at a CAGR of 6.5%
How opportunistic is the APEJ market for automotive tail light?
APEJ is expected to register a 6.6% CAGR in the automotive tail light industry
What are the expected growth rates for the European market?
Europe is expected to document a CAGR worth 4.8% in the automotive tail light market
Which source will account for the maximum automotive tail light revenue?
LED automotive tails light will be most sought after, capturing 50% revenue
By vehicle type, which category is likely to remain top-selling until 2032?
Passenger car automotive tail lights will remain most preferred, expanding at a CAGR of 5.5% until 2032
Automotive Tail Light Market