Market Size of middle east and africa automotive led lighting Industry
| Icons | Lable | Value |
|---|---|---|
|
Study Period | 2017 - 2030 |
|
Market Size (2024) | USD 78.77 Million |
|
|
Market Size (2030) | USD 144.58 Million |
|
Largest Share by Automotive Utility Lighting | Headlights |
|
|
CAGR (2024 - 2030) | 10.65 % |
|
|
Market Concentration | High |
Major Players |
||
|
||
|
*Disclaimer: Major Players sorted in no particular order |
Middle East and Africa Automotive LED Lighting Market Analysis
The Middle East and Africa Automotive LED Lighting Market size is estimated at 78.77 million USD in 2024, and is expected to reach 144.58 million USD by 2030, growing at a CAGR of 10.65% during the forecast period (2024-2030).
78.77 Million
Market Size in 2024 (USD)
144.58 Million
Market Size in 2030 (USD)
0.47 %
CAGR (2017-2023)
10.65 %
CAGR (2024-2030)
Largest Segment by Automotive Utility Lighting
62.91 %
value share, Headlights, 2023
The EV market in the UAE is growing exponentially, with an expected 70,000 charging points required in Abu Dhabi by 2030 to meet growing EV demand.
Largest Segment by Automotive Vehicle Lighting
72.03 %
value share, Passenger Cars, 2023
In Africa, in 2022, African motorists purchased around 790,100 passenger car as compared to 665100 in 2020 and 883120 units in 2019.
Fastest-growing Segment by Automotive Utility Lighting
10.74 %
Projected CAGR, Tail Light, 2024-2030
In 2022 the Saudi Vehicle Market totals 625,767 sales, the highest in 6 years and a 7.1% increase from the prior year.
Fastest-growing Segment by Automotive Vehicle Lighting
12.44 %
Projected CAGR, 2 Wheelers, 2024-2030
The EV market in the UAE is growing exponentially, with an expected 70,000 charging points required in Abu Dhabi by 2030 to meet growing EV demand.
Leading Market Player
29.78 %
market share, Marelli Holdings Co., Ltd., Ltd.
Marelli Holdings Co., Ltd operates an extensive manufacturing facility in South Africa. Toyota is the most popular car brand in South Africa, and by some margin, with the manufacturer selling 62,234 more vehicles in 2022.
The headlights segment is expected to hold the highest market share
- In terms of value share, in 2023, headlights accounted for the majority of the market share, followed by fog lights (other segmentations) and directional signal lights. The market share for headlights is expected to increase during the forecast period. The major reason for their adoption is the government policy, more energy efficiency, and accident prevention. In Africa, traffic deaths account for about a quarter of the global number of victims, even though the continent has barely 2% of the world’s vehicle fleet. According to Article No 95 of the Federal Traffic Act in the UAE, whiter and brighter headlamps can attract an AED 200 fine. This has given more consideration to LED.
- In terms of volume share, in 2023, directional signal lights (DSL) accounted for the majority share, followed by headlights and fog lights. Currently, passenger cars accounts for the majority share in DSL and fog lights demand due to their high rate of accidents. In the UAE, the number of crashes increased by 13% in 2022 to 3,945, up from 3,488 in 2021. Such factors indicate a major volume demand for such lighting, which is expected to increase in the coming years.
- The EV policy in the region promotes EV adoption, which also increases the demand for LED lighting. The UN Environment Programme is currently active in nine African countries, working on introducing electric two and three-wheelers. Despite low fuel prices, GCC countries are now focusing on EV adoption at a slow pace. In Dubai, commercially, there has been an increasing focus on EVSE, demonstrated through the January 2023 announcements of the partnership by Regeny and EvGateway to deploy 10,000 EV charging networks throughout the UAE by 2030. Such factors are expected to boost the market.
Understand The Key Trends Shaping This Market
Middle East and Africa Automotive LED Lighting Industry Segmentation
Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others are covered as segments by Automotive Utility Lighting. 2 Wheelers, Commercial Vehicles, Passenger Cars are covered as segments by Automotive Vehicle Lighting.
- In terms of value share, in 2023, headlights accounted for the majority of the market share, followed by fog lights (other segmentations) and directional signal lights. The market share for headlights is expected to increase during the forecast period. The major reason for their adoption is the government policy, more energy efficiency, and accident prevention. In Africa, traffic deaths account for about a quarter of the global number of victims, even though the continent has barely 2% of the world’s vehicle fleet. According to Article No 95 of the Federal Traffic Act in the UAE, whiter and brighter headlamps can attract an AED 200 fine. This has given more consideration to LED.
- In terms of volume share, in 2023, directional signal lights (DSL) accounted for the majority share, followed by headlights and fog lights. Currently, passenger cars accounts for the majority share in DSL and fog lights demand due to their high rate of accidents. In the UAE, the number of crashes increased by 13% in 2022 to 3,945, up from 3,488 in 2021. Such factors indicate a major volume demand for such lighting, which is expected to increase in the coming years.
- The EV policy in the region promotes EV adoption, which also increases the demand for LED lighting. The UN Environment Programme is currently active in nine African countries, working on introducing electric two and three-wheelers. Despite low fuel prices, GCC countries are now focusing on EV adoption at a slow pace. In Dubai, commercially, there has been an increasing focus on EVSE, demonstrated through the January 2023 announcements of the partnership by Regeny and EvGateway to deploy 10,000 EV charging networks throughout the UAE by 2030. Such factors are expected to boost the market.
| Automotive Utility Lighting | |
| Daytime Running Lights (DRL) | |
| Directional Signal Lights | |
| Headlights | |
| Reverse Light | |
| Stop Light | |
| Tail Light | |
| Others |
| Automotive Vehicle Lighting | |
| 2 Wheelers | |
| Commercial Vehicles | |
| Passenger Cars |
Need A Different Region Or Segment?
Middle East and Africa Automotive LED Lighting Market Size Summary
The Middle East and Africa Automotive LED Lighting Market is poised for significant growth, driven by increasing adoption of LED technology in vehicles. This growth is largely attributed to government policies promoting energy efficiency and accident prevention, particularly in regions with high traffic accident rates. Headlights dominate the market share, with a growing emphasis on their adoption due to regulatory measures and safety concerns. The demand for LED lighting is further bolstered by the rising interest in electric vehicles (EVs), as regional governments implement policies to encourage EV adoption and reduce carbon footprints. The market is experiencing a shift towards more energy-efficient lighting solutions, with a notable increase in the installation of LED lights in passenger cars, which are the primary consumers of directional signal lights and fog lights.
The automotive industry in the Middle East and Africa has shown resilience despite challenges such as the COVID-19 pandemic, which significantly impacted vehicle production and sales. However, the market is recovering, with a focus on expanding EV infrastructure and increasing the number of charging stations. Countries like the UAE and Saudi Arabia are leading the charge with initiatives aimed at boosting EV sales and integrating more LED lighting solutions in vehicles. The market is fairly consolidated, with major players like GRUPO ANTOLIN IRAUSA, S.A., HELLA GmbH & Co. KGaA, HYUNDAI MOBIS, Marelli Holdings Co., Ltd., and OSRAM GmbH dominating the landscape. As the region continues to embrace EVs and sustainable practices, the demand for automotive LED lighting is expected to rise, supporting the market's growth trajectory.
Middle East and Africa Automotive LED Lighting Market Size - Table of Contents
-
1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
-
1.1 Automotive Utility Lighting
-
1.1.1 Daytime Running Lights (DRL)
-
1.1.2 Directional Signal Lights
-
1.1.3 Headlights
-
1.1.4 Reverse Light
-
1.1.5 Stop Light
-
1.1.6 Tail Light
-
1.1.7 Others
-
-
1.2 Automotive Vehicle Lighting
-
1.2.1 2 Wheelers
-
1.2.2 Commercial Vehicles
-
1.2.3 Passenger Cars
-
-
Middle East and Africa Automotive LED Lighting Market Size FAQs
How big is the Middle East and Africa Automotive LED Lighting Market?
The Middle East and Africa Automotive LED Lighting Market size is expected to reach USD 78.77 million in 2024 and grow at a CAGR of 10.65% to reach USD 144.58 million by 2030.
What is the current Middle East and Africa Automotive LED Lighting Market size?
In 2024, the Middle East and Africa Automotive LED Lighting Market size is expected to reach USD 78.77 million.
