Automotive lighting: from basic and functional to distinctive and high-value features – WEBCAST

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How are car electrification, automated driving, and differentiation shaping the automotive lighting industry?

With the integration of light-emitting diode (LED) technology, lighting has evolved from a basic functional feature to a distinctive feature with high-value potential in automotive vehicles.
LED technology has given manufacturers the opportunity for strong differentiation via lighting design and additional functionalities. From the rear to the front, lighting has evolved from a purely functional application with no real added value to more intelligent applications, offering personalization, communication, and assistance for the driver.
The main applications continue evolving with more complex technologies embedded. Meanwhile new applications are emerging, especially around the car, such as logo and grille illumination and near-field projections. These new applications will be used for personalization and communication purposes. In this context, the automotive lighting market was worth $31.5B in 2021. We expect it to reach $42.2B in 2027 at a compound annual growth rate (CAGR) for 2021-2027 of 4.9%.

This webcast will discuss :

  • The evolution of lighting technologies and applications
  • The recent acquisitions among the lighting Tier-1
  • The possible convergence between lighting and sensing

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