Global automotive light bars market is projected to witness a CAGR of 6.11% during the forecast period 2024-2031, growing from USD 25.17 billion in 2023 to USD 40.45 billion in 2031. The growing prevalence of electric vehicles, easy availability of automotive light bars, increasing demand for off-road vehicles, and government support for adopting automotive light bars are projected to propel the global automotive light bars market growth. Presently, effectiveness and safety are paramount in different industries; thereby, light bars have gained popularity. Light bars in the automotive industry have versatile lighting solutions that provide other benefits, varying from improved visibility to energy efficiency. In automotive, energy efficiency is a key driver in the acceptance of LED-based light bars because LED light bars can give exceptional visibility and consume less power. In addition, LED-based light bars in automobiles are brighter and more focused, which enhances visibility while driving and helps drivers recognize potential risks and obstacles. Therefore, the demand for light bars in automotive has increased significantly.
Furthermore, a rapid trend of modernization and personalization is propelling the growth of the global automotive light bars market. Light bars in an automotive provide adaptability regarding shape, color, and size options. LED lights can be easily installed and have different applications to offer personalized lighting patterns on wheels, sunroofs, interiors, and others. Manufacturers actively invest in different research and development activities to enable users to adjust the color, intensity, and others according to their precise requirements. In addition, giant market players are launching new product ranges to address the rising demand for light bars.
For instance, in September 2023, Auxbeam Lighting Co. Limited announced the launch of its new product range in India to confirm safety while off-roading. Auxbeam offers cost-effective, high-quality products in India that are easy to install in vehicles.
Advanced Smart Features and Specialized Applications for Off-Roading Influence Market Growth
Transformation and adoption of smart features in the automotive industry is a notable trend in the automotive light bars market. In automotive vehicles, advanced light bars are easily installed into the digital ecosystem of vehicles. This seamless installation of light bars enables remote control with the assistance of smartphone apps. Vehicle owners can adjust the colors and brightness according to their moods easily. In addition, a few light bars have some safety features, including visual alerts for messages and calls. In addition, light bars are beneficial for off-road vehicles because they offer intense illumination through off-road thrillers. Construction equipment drivers are effectively making use of light bars for safety and visibility reasons in demanding work environments. Specialized light bars designed for precise application play an important role in propelling market growth by addressing the distinct demands of different commercial sectors. Companies in the automotive lighting market are efficiently establishing new infrastructure for producing new and advanced lighting technology.
For instance, in June 2023, Samvardhana Motherson International Ltd. announced a collaboration with Marelli Europe S.p.A. to inaugurate the Motherson Automotive Lighting Tool Room in India. This facility proved to be a milestone in advanced automotive lighting technology to address the growing demand for automotive lighting solutions.
Safety Enhancement and Energy Efficiency Features Propelling Market Growth
In the automotive industry, safety is a foremost concern of every individual. The light bars are essential safety components throughout the night, efficiently improving visibility in the nighttime, heavy rains, snow, fog, and other climatic conditions. In addition, these light bars are helpful for pedestrians and drivers of smaller and light vehicles for better visibility and decreasing the rate of accidents. Also, light bars are energy-efficient and consume less power than traditional lighting technologies. The feature of energy efficiency not only decreases the operational cost but also aids fuel efficiency and reduces the overall carbon footprint of heavy commercial vehicles. These light bars decrease waste and contribute to a greener and more sustainable future. Therefore, the global automotive light bars market will rise in the forecast period.
For instance, in January 2024, Marelli Europe S.p.A. announced the launch of sustainable and lightweight lighting solutions, including LeanLight headlight and rear light concepts, to reduce energy consumption and improve its sustainability footprint.
Government Regulations and Safety Standards Push Market Demand
Government safety standards and norms are important in the global automotive light bars market. Across the globe, different countries and regions have diverse regulations and rules concerning automotive lighting. Companies in the automotive light bars market are compelled by these regulations and need to produce light bars in compliance with the requirements. Many manufacturers are introducing manufacturing processes to produce effective products and have done rigorous testing and certification processes coupled with adherence to precise regulations set by legal authorities.
For instance, in February 2022, the National Highway Traffic Safety Administration, under the Department of Transportation, announced a lighting standard to permit the certification of adaptive driving beam headlamps, which help provide illumination while not glaring other vehicles.
LED Light Bars Dominate the Market Growth by Product Type
LED light bars segment registers market growth due to its extensive features and durability. Waterproof, shockproof, and dust-proof are a few functions of light bars, aiding its market growth in the automotive LED light bars market in the forecast period more significantly. In addition, LED light bars are utilized extensively in different types of vehicles, including trucks, SUVs, UTVs, 4x4s, campers, vans, buses, tanks, and others, influencing demand for LED light bars. Manufacturers are working on improving its durability, versatility, and performance. In addition, they also inspect their products to match the industry standards and supply their customers with high performance.
For instance, in December 2022, Oracle Lighting announced the launch of its new 5900 Series Multifunction Reflector-Facing Technology LED Light Bars, which feature a robust, high-quality system with long-term reliability.
Asia-Pacific Registers the Largest Market Share
Asia-Pacific dominates the market growth in the global automotive light bars market due to an increase in production and sales of vehicles, a rise in demand for electric and autonomous vehicles, and innovations in lighting technology. In developing countries, an increase in disposable income, rapid urbanization, and the establishment of new manufacturing facilities are propelling the global automotive light bars market growth. In addition, the easy availability of light bars on e-commerce platforms plays an important role in light bars sales. The governments of emerging countries also set standards for automotive lighting, which sometimes increases competition among leading players and improves product quality. Car manufacturers in Asia-Pacific are installing high-quality light bars to improve the car’s performance and style.
For instance, in May 2023, Rolls-Royce Motor Cars Limited announced an upgrade of its Cullinan SUV with new LED daytime running lights that gave the SUV a new look and differentiated it as a standard car.
Future Market Scenario (2024-2031F)
1. The rapid adoption of electric vehicles and autonomous vehicles is influencing the demand for light bars.
2. A concern for the safety of vehicles and their passengers by giving required lighting on the vehicle’s exterior decreasing the rate of accidents and driving automotive light bars demand.
3. Introduction of high-performance LED light bars propels the global automotive light bars market growth in the forecast period.
4. Growing production of luxury vehicles in emerging markets is pushing the demand for automotive light bars.
Report Scope
“Automotive Light Bars Market Assessment, Opportunities, and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global automotive light bars market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
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