Report Description

Global Automotive Optoelectronics Market, By Vehicle Type (Passenger Car, LCV, Buses, Trucks), By Application (Position Sensor, Convenience & Climate, Safety, Lighting, Backlight Control), By Devices (Image Sensor, IR Component, Laser Diode, LED, Optocoupler), By Market Channel (OEM, Replacement), By Company and By Geography, Forecast & Opportunities, 2024

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Automotive

Global Automotive Optoelectronics Market is projected to reach USD 9.9 billion, growing at a CAGR of 14.13% during the forecast period. The key growth drivers for the market are increasing disposable income and rising demand for luxury and ultra-luxury vehicles. The passenger car segment is estimated to hold the largest market share during the forecast period. The increasing sales of passenger cars globally are leading to the growth of the automotive optoelectronics market. Also, the growing trend of integrating high-end electronics for in-vehicle features is expanding the demand for automotive optoelectronics. The LED devices segment is projected to register the fastest growth, in terms of value, in the automotive optoelectronics market during the forecast period. The growth of the LED segment can be attributed to the increasing demand for ambient lighting to enhance the comfort & convenience in the vehicle. By application, the safety segment is expected to witness the fastest growth in the automotive optoelectronics market during the forecast period. By market channel, OE market segment is projected to be the largest segment of the automotive optoelectronics market during the forecast period. The growth of this segment can be attributed to the offering of features such as ambient lighting, convenience & climate features and safety features as standard fitment by the automakers. Geographically, the market is segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Notably, Asia Pacific leads the global Automotive Optoelectronics market due to the presence of a prominent automotive industry in China, India, Japan and South Korea. The automotive optoelectronics market is dominated by a few global players and includes several regional players. Some of the key manufacturers operating in the market are Osram, Hella, Texas, Broadcom and Vishay.


Years considered for this report:

Historical Year: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyse and forecast the market size of Global Automotive Optoelectronics Market, in terms of value and volume.
  • To classify and forecast Global Automotive Optoelectronics Market based on vehicle type, application, devices, market channel and regional distribution.
  • To identify drivers and challenges for Global Automotive Optoelectronics Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Automotive Optoelectronics Market.
  • To conduct the pricing analysis for Automotive Optoelectronics Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Automotive Optoelectronics Market.

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Some of the leading players in the Global Automotive Optoelectronics Market are Osram, Hella, Texas, Broadcom and Vishay, among others.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.

TechSci Research calculated the market size of Global Automotive Optoelectronics Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Automotive Optoelectronics Manufacturers
  • Automotive OEMs
  • Distributors and Suppliers
  • Industry associations and experts
  • Research organizations and consulting companies
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Automotive Optoelectronics Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Vehicle Type:
    • Passenger Car
    • LCV
    • Buses
    • Trucks
  • Market, by Application:
    • Position Sensor
    • Convenience & Climate
    • Safety
    • Lighting
    • Backlight Control
  •  Market, by Devices:
    • Image Sensor
    • IR Component
    • Laser Diode
    • LED
    • Optocoupler
  •  Market, by Market Channel:
    • OEM
    • Replacement
  •  Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Automotive Optoelectronics Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect Application.

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