Daytime Running Lights (DRLs) Market size was valued at USD 3.5 Billion in 2024 and is projected to reach USD 6.2 Billion by 2033, exhibiting a CAGR of 7.5% from 2026 to 2033.
The global Daytime Running Lights (DRLs) market has experienced steady growth, with a valuation of approximately USD 1,417.26 million in 2021, projected to reach USD 1,639.19 million by 2028, reflecting a compound annual growth rate (CAGR) of 2.10% during the forecast period. In 2023, the market is expected to be valued at USD 4.48 billion, with North America accounting for USD 1.25 billion, Europe at USD 1.5 billion, and the Asia Pacific (APAC) region at USD 1.4 billion.
Regionally, the APAC market is anticipated to grow from USD 1.4 billion in 2023 to USD 2.1 billion by 2032, driven by increasing automotive production and rising awareness of road safety. In India, the bicycle daytime running lights segment generated revenue of USD 9.4 million in 2024 and is expected to reach USD 16.6 million by 2030, with a CAGR of 10% from 2025 to 2030.
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Hella
Philips
Valeo
Magneti Marelli
Osram
General Electric
KOITO
Bosch
Lumileds
Samsung LED
Ichikoh Industries
Stanley Electric
Panasonic
Foshan Electrical and Lighting
PIAA
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Daytime Running Lights (DRLs) Market
Passenger Cars
Commercial Vehicles
Electric Vehicles
LED-Based DRLs
Halogen-Based DRLs
Other Product Types
Original Equipment Manufacturers (OEMs)
Aftermarket
Adaptive DRLs
Static DRLs
Headlight Integration
Fog Light Integration
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Daytime Running Lights (DRLs) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Daytime Running Lights (DRLs) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Daytime Running Lights (DRLs) Market, By Type
6. Global Daytime Running Lights (DRLs) Market, By Application
7. Global Daytime Running Lights (DRLs) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Daytime Running Lights (DRLs) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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