Global Automotive Adaptive Lighting Market


Posted September 15, 2020 by mayurikathade

The Global Automotive Adaptive Lighting Market was valued US$ 515.34 Mn in 2019 and is expected to reach US$ 2989.5 Mn by 2027, at a CAGR of 24.58% during a forecast period.
 
The Global Automotive Adaptive Lighting Market was valued US$ 515.34 Mn in 2019 and is expected to reach US$ 2989.5 Mn by 2027, at a CAGR of 24.58% during a forecast period.

Adaptive Lighting System, planned to provide optimized vision to the driver during night time and poor-sight conditions such as rain, snow. Adaptive lighting system works on the principle of adapting the headlight angle and intensity by judging the speed.

Halogen technology is dominating the segment. Halogen has a significantly longer throw, which can be more valuable than close-range brightness. Halogens are Versatile and cost-effective. The majority of automobiles producers make halogen bulbs a headlight choice. The operating voltage for LED is much lower than halogen. The automobile inventors have made advances in halogen technology that have resulted in very good price and performance ratio for halogen headlights.

Global Automotive Adaptive Lighting Market Dynamics

Advancements in automotive lighting technology that is much more efficient than the conventional ways and paving the way for automotive adaptive lighting market. The manufacturers of automobiles are shifting towards the adoption of advanced and energy efficient lighting technology such as LED technology. With the increasing commercial and heavy-duty vehicles. Rapid urbanization and expanding transportation and logistics sector across the globe are increasing the number of heavy duty vehicles.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Global Automotive Adaptive Lighting Market: Segment Analysis

The global automotive adaptive lighting market is segmented based on technolgy Halogen, LED and Xenon. Halogen’s redeeming features are its simplicity and cost. By Position it is segmented as Front, Side, Rear, and Interior. Advancement in automotive lighting technologies increases the use of lights in all sub segment by position.

Global Automotive Adaptive Lighting Market, Regional Analysis.

Region-wise, APAC region held the dominant position in the global automotive adaptive lighting market and is projected to continue its dominance during the forecast period. Rising economy and positive growth in automobile industry in both the regions is directly helping the growth of automotive adaptive lighting market. The strict regulations from the governmental authorities to install sufficient safety features in vehicles to reduce road accidents is driving the market of automotive adaptive lighting market Helping this market to expand in US $ XX Mn in the market. In Asia-Pacific, growing adaptive lighting systems looks very favorable with many mid to high-end passenger car manufacturers seeking better driver assistance systems.

Magneti Marelli came up with the new technology of Adaptive Rear Lamp system (ARS) which works on a similar principle as front lamps but adjusts the tail lamp intensity based on the brake force and even adaptive reverse motion function.

North America is expected to grow in US $ XX Mn. The manufacturers in this region are focusing towards the advancement in lighting systems to enhance the driving in night.

Global Automotive Adaptive Lighting Market: Objective

The objective of the report is to present a comprehensive analysis of Global Automotive Adaptive Lighting Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Automotive Adaptive Lighting Market dynamics, structure by analysing the market segments and project the Global Automotive Adaptive Lighting Market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Automotive Adaptive Lighting Market make the report investor’s guide.
The Scope of the Report for Global Automotive Adaptive Lighting Market

Global Automotive Adaptive Lighting Market, By Technology

• Halogen
• LED
• Xenon
Global Automotive Adaptive Lighting Market, By Position

• Front,
• Side,
• Rear,
• Interior
Global Automotive Adaptive Lighting Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Automotive Adaptive Lighting Market

• Koninklijke Philips N.V. (Netherlands),
• Osram (Germany),
• Valeo S.A. (France),
• Hella KGaA Hueck & Co. (Germany),
• Magneti Marelli S.p.A (Italy)
• Adaptive Lighting
• Koito Manufacturing Co. Ltd.
• ZKW Group.

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Last Updated September 15, 2020