Industry Impact of Leading Automotive Lighting Manufacturers To 2023

Industry Impact of Leading Automotive Lighting Manufacturers to 2023

Car lights provide drivers with great visibility at night and eliminate the risks associated with accidents. According to information published by the World Health Organization (WHO), 

approximately 1.25 million road deaths due to accidents are recorded each year. Companies in the automotive lighting market have made some significant advances in technology to 

improve the quality of headlights. For example, OSRAM has taken an initiative to create organic light-emitting diode (OLED) lights in automotive headlights to improve visibility and 

enhance the intensity of the lights. These lights enhance the visual appeal of the product and provide better visibility during storms, rainfall and other adverse weather conditions.

Fortune Business Insights™ lists the top 5 companies that dominate the global automotive lighting market. Let's take a look at these promising manufacturers.

1. HELLA GmbH & Co. KGaA (Germany)
2. Koito Manufacturing Co., ltd. (Japan)
3. Magneti Marelli (Italy)
4. OSRAM GmbH (Germany)
5. Valeo (France)

The above companies are pushing the latest technology and making the most of their resources to maintain their position. It seems that LED headlight technology is still being updated,

 and more and more people are using modified headlights to ensure driving safety, so the future market for LED headlights has a lot of room for development.