Off-highway Vehicle Lighting growing at a CAGR of 7.9% from 2025 to 2030
The global off-highway vehicle lighting market size was estimated at USD 1.17 billion in 2024 and is projected to reach USD 1.26 billion by 2030, growing at a CAGR of 7.9% from 2025 to 2030. The high demand for mining and construction equipment mainly drives this market growth.
Key Market Trends & Insights
- In terms of region, Asia Pacific dominated the off-highway vehicle lighting market with a revenue share of 32.9% in 2024.
- Country-wise, China off-highway vehicle lighting market held significant revenue share of the regional industry.
- In terms of product, The Halogen segment dominated the global off-highway vehicle lighting market with revenue share of 56.8% in 2024.
- In terms of application, The headlamp accounted for the largest revenue share of the global off-highway vehicle lighting market in 2024.
- In terms of ens use, The construction segment held the largest revenue share of the global off-highway vehicle lighting industry in 2024.
Market Size & Forecast
- 2024 Market Size: USD 1.17 Billion
- 2030 Projected Market Size: USD 1.26 Billion
- CAGR (2025-2030): 7.9%
- Asia Pacific: Largest market in 2024
Request Free Sample Report: https://www.grandviewresearch.com/industry-analysis/off-highway-vehicle-lighting-market/request/rs1
Furthermore, the growing adoption of LED lighting due to its capability to deliver enhanced performance is expected to drive industry growth by 2030. Government regulations regarding vehicle lights and workspace safety are also projected to facilitate the growing adoption. Additionally, increasing demand for enhanced comfort, safety, and convenience in automobiles, particularly in developing and mature economies, is anticipated to fuel market growth over the forecast period.
The growing demand for heavy construction equipment and earthmoving equipment from the mining and construction industry is primarily influencing the growth experienced by this market. In recent years, multiple companies operating in manufacturing and delivering earthmoving and heavy construction equipment have focused on modernizing the existing portfolio. This includes changes in current designs, the development of new product ranges, and the addition of advanced features. Changing regulations, increased focus on sustainability red, reduction of environmental impact, and new product designs have also stimulated changes and new product developments. This is expected to fuel demand for the off-highway vehicle lighting market.
Increasing urbanization and growing infrastructure development projects in countries such as India, China, and a few other developing economies contribute to increasing demand for well-equipped construction equipment. To cater to the increasing demand for advanced products, manufacturers of earthmoving equipment and heavy construction machinery worldwide have focused on securing supplies and stocks. These aspects are expected to develop a positive influence on the growth of this market.
New product launches and developments are also adding lucrative growth opportunities for the off-highway vehicle lighting market. For instance, in January 2025, Volvo Construction Equipment (Volvo CE) launched new-generation models of 28-to-61-ton articulated dump trucks. A newly designed 50-ton A50 equipped with an electronic system, LED lighting, predictive gear selection, and added advanced features is expected to strengthen its portfolio.
Off-highway Vehicle Lighting Market Report Scope
|
Report Attribute |
Details |
|
Market size value in 2025 |
USD 1.26 billion |
|
Revenue forecast in 2030 |
USD 1.84 billion |
|
Growth Rate |
CAGR of 7.9% from 2025 to 2030 |
|
Base year for estimation |
2024 |
|
Historical data |
2018 – 2023 |
|
Forecast period |
2025 – 2030 |
|
Quantitative units |
Revenue in USD million/billion and CAGR from 2025 to 2030 |
|
Report coverage |
Revenue forecast, company market share, competitive landscape, growth factors, and trends |
|
Segments covered |
Product, application, end-use, vehicle, region |
|
Regional scope |
North America; Europe; Asia Pacific; Latin America; MEA |
|
Country scope |
U.S.; Canada; Mexico; Germany; UK; France; China; Japan; India; South Korea; Australia; Brazil; Saudi Arabia; UAE; South Africa |
|
Key companies profiled |
Truck-Lite; APS Lighting and Safety; Grote Industries; ECCO Safety Group; Hamsar Diversco Inc.; J.W. Speaker Corporation; WESEM; HELLA GmbH & Co. KGaA; ABL Lights Group; Peterson Manufacturing Co. |
|
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |