The global vehicle mounted spotlights market size is expected to reach USD 1,060.70 million by 2032, according to a new study by Polaris Market Research. The report “Vehicle Mounted Spotlights Market Share, Size, Trends, Industry Analysis Report, By Light Source (HID, LED, Halogen, and Incandescent); By Lumens; By Control Type; By Sales Channel; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The use of several types of advanced materials like lightweight metals, carbon fiber, and high-strength plastics that make the spotlights highly durable and much easier to mount on any kind of vehicles along with the growing product usage for emergency response and security purposes that include search & rescue, law enforcement, and border patrol, are among the major prominent factors fostering the global market growth. For instance, in June 2022, Larson Electronics, announced the launch of 100-watt mounted dual LED work light, which produces 8,600 lumens of light and can be easily detached from unit for easy transportation and storage.
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With the increased power and brightness of modern spotlights, heat management has become an important consideration and some of the major manufacturers worldwide have developed thermal management systems to dissipate heat and keep the spotlight from overheating, creating lucrative growth opportunities for the market. Beside this, some manufacturers have also developed spotlights with night vision capabilities, which use infrared light to illuminate the area in front of the vehicle without alerting potential threats. Customers across the globe often look for customized spotlights that suit their specific needs and requirements. Hence, companies that can offer customization options such as beam width, color temperature, and mounting options can attract more customers and gain a competitive edge in the market. In the near future.
Vehicle Mounted Spotlights Market Report Highlights
Polaris Market Research has segmented the vehicle mounted spotlights market report based on light source, lumens, control type, sales channel, and region:
Vehicle Mounted Spotlights, Light Source Outlook (Revenue - USD Million, 2019 - 2032)
Vehicle Mounted Spotlights, Lumens Outlook (Revenue - USD Million, 2019 - 2032)
Vehicle Mounted Spotlights, Control Type Outlook (Revenue - USD Million, 2019 - 2032)
Vehicle Mounted Spotlights, Sales Channel Outlook (Revenue - USD Million, 2019 - 2032)
Vehicle Mounted Spotlights, Regional Outlook (Revenue - USD Million, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2023 |
USD 682.57 million |
Revenue forecast in 2032 |
USD 1,060.70 million |
CAGR |
5.0% from 2023 – 2032 |
Base year |
2022 |
Historical data |
2021– 2021 |
Forecast period |
2023 – 2032 |
Quantitative units |
Revenue in USD million and CAGR from 2023 to 2032 |
Segments covered |
By Light Source, By Lumens, By Control Type, By Sales Channel, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Key companies |
Unity Manufacturing Co., Larson Electronics, KH Industries Inc., Spartaco LLC, KC HiLiTES Inc., Whelen Engineering Company Inc., Golight Inc., Marelli Automotive Lighting, Valeo, Continental AG, ICHIKOH Industries Ltd., Koito Manufacturing, Hyundai Mobis Co. Ltd., De Amertek Corporation, Peterson Manufacturing Co., and Grote Industries. |
For Specific Research Requirements |