Automotive License Plate Lamp Market – Scope, Growth, Share for Forecast 2019 – 2029

Automotive License Plate Lamp Market: Introduction

A little accessory attached to the rear and front sides of a car that illuminates the licence plate on both sides is called an automotive licence plate lamp. White or coloured light output from an automotive licence plate lights also improves the looks of the car.

The car licence plate lamp also includes signalling and lighting components that are located on the back and front. It may also be put on the top of the automobile in specific circumstances. The automotive licence plate lights not only illuminates the plate but also helps a trailing vehicle see the car in the dark when it is moving or parked.

The OEMs offer sealed and non-sealed ideas for car licence plate lamps that offer protection from external harm and include internal components that are water- and corrosion-resistant. The standard model of the automobile licence plate lamp is being produced by the major OEMs so that it can be used on all automotive vehicles.

According to user demand, the car licence plate bulb may use a single or several LEDs (Light Emitting Diodes) or blubs. The visual appeal of the car is enhanced at night thanks to the automobile licence plate lamp.

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Dynamics

The increasing on road vehicle fleet is considered to enable installation of automotive number plates and subsequently the use of automotive license plate lamps. The various OEMs are replacing the halogen lights with LED (Light Emitting Diode) lights because of their energy-efficiency, and LED have longer life then the halogen or xenon lights.

To reduce the production and maintenance cost the OEMs are using the LED (Light Emitting Diode) lights which probably affect the automotive license plate lamp market.

As the change in consumer preferences the many manufacturers are providing the different color of automotive license plate lamp like blue, red, amber and green which likely to drive the demand for automotive license plate lamp in global market. The aftermarket of automotive license plate lamp is expected to grow as the huge owing fleet of the vehicle in the global market.

The regulations on mandatory use of lamp light on the license plate of automotive vehicle has helped to drive the demand for automotive license plate lamp market globally.

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Segments

On the basis of vehicle type

  • Passenger Vehicle
    • Mid-size
    • Compact
    • Luxury
    • SUVs
  • Commercial vehicle
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle
      • Trucks and Trailers
      • Buses and Coaches

On the basis of product type

  • Bulb type
  • LED type (Light Emitting Diode)

On the basis of sales channel

  • OEMs (Original Equipment Manufacturers )
  • Aftermarket

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Regional Outlook

North America automotive license plate lamp aftermarket is estimated to grow because of huge base of OEMs in the region and enormous owing passenger and commercial fleet in the region. The massive owing vehicle fleet in the Asia pacific expected to drive the demand for automotive license plate lamp in aftermarket of the region.

The regulation on the mandatory lights on the license plates both rear and front sides likely to affect the automotive license plate lamp market globally. Japan also have the prominent share in automotive license plate lamp market because presence of large OEMs and technical advancement in automotive license plate lamp in the region.

Key participants

  • Peterson Manufacturing Company
  • OSRAM GmbH
  • Gordon Equipments Limited (Durite)
  • PROPLAST Fahrzeugbeleuchtung GmbH
  • Tokai Denso
  • Tochigi Mitsuike
  • Ichikoh Industries
  • HELLA KGaA Hueck & Co.
  • LED Autolamps Europe LLP
  • Lucidity Enterprise Co.
  • Automotive Lighting Italia S.P.A
  • Koito Manufacturing

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