The next 10 years to witness sublime innovation in the Automotive License Plate Lamp Market

3 mn read

Automotive License Plate Lamp Market : Introduction

A small fixture attached to the rear and front of a car that illuminates the license plate on both sides is called an automotive license plate lamp. The white or colored light output of a car’s license plate lights also enhances the appearance of the car.

The car license plate lamp also includes signaling and lighting components that are located at the rear and front. It can also be placed on top of the car in specific circumstances. Car license plate lights not only illuminate the license plate, but also help a towed vehicle see the car in the dark when it is moving or parked.

OEMs offer sealed and non-sealed ideas for license plate lamps that offer protection against external damage and include internal components that are resistant to water and corrosion. Major original equipment manufacturers (OEMs) are producing the standard model of the automobile license plate light for use on all motor vehicles.

According to user demand, the car license plate light can use one or multiple LEDs (Light Emitting Diodes) or bulbs. The car’s visual appeal is enhanced at night by the car’s license plate lamp.

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Dynamic

The increase in the fleet of road vehicles is considered to allow the installation of car registration plates and, subsequently, the use of car license plate lamps. Various original equipment manufacturers are replacing halogen lights with LED (light emitting diode) lights due to their energy efficiency, and LEDs have a longer lifespan than halogen or xenon lights.

To reduce production and maintenance costs, OEMs are using LED (Light Emitting Diode) lights, which is likely to affect the market for car license plate lamps.

As consumer preferences change, many manufacturers offer different colors of car license plate lamps, such as blue, red, amber and green, which is likely to boost the demand for car license plate lamps in the global market. The secondary market for car license plate lamps is expected to grow with the huge fleet of vehicles in circulation in the global market.

Regulations on the mandatory use of motor vehicle license plate lamp light have helped drive market demand for automotive license plate lamps globally.

Segments

Depending on the type of vehicle

  • passenger vehicle
    • Average size
    • Compact
    • Luxury
    • jeeps
  • commercial vehicle
    • light commercial vehicle
    • Heavy Commercial Vehicle
      • Trucks and Trailers
      • Buses and coaches

According to the type of product

  • bulb type
  • LED (Light Emitting Diode) Type

According to the sales channel

  • OEM (original equipment manufacturers)
  • after sales

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Regional overview

The North American auto license plate lamp replacement market is estimated to grow due to the huge OEM base in the region and the huge commercial and passenger fleet in the region. The huge vehicle fleet in Asia Pacific is expected to drive demand for auto license plate lamps in the region’s aftermarket.

The regulation on mandatory lights on license plates, both at the rear and at the front, is likely to affect the market for automobile license plate lamps globally. Japan also has a significant share of the auto license plate lamp market due to the presence of large original equipment manufacturers (OEMs) and technical advancement in auto license plate lamps in the region.

Key participants

  • Peterson Manufacturing Company
  • OSRAM GmbH
  • Gordon Equipments Limited (Durite)
  • PROPLAST Fahrzeugbeleuchtung GmbH
  • Dense Tokai
  • Tochigi Mitsuike
  • Ichikoh Industries
  • HELLA KGaA Hueck & Co.
  • LED Automotive Lamps Europe LLP
  • Lucidity Enterprise Co.
  • Automotive Lighting Italy SPA
  • Koito Manufacturing

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