Head Lamp Market Insights Video

According to Cognitive Market Research, the global head lamp market size is USD 8024.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• North America held the major market of more than 40% of the global revenue with a market size of USD 3209.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
• Europe accounted for a share of over 30% of the global market size of USD 2407.26 million.
• Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1845.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
• Latin America market of more than 5% of the global revenue with a market size of USD 401.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
• Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 160.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
• The LED lamp held the highest headlamp market revenue share in 2024.