The Global Automotive Adaptive Lighting Market is projected to reach USD 3.91 billion in 2027. The continual development in automotive lighting applications, rising usage of the luxury passenger vehilces, increasing demand of automation in automobiles, demand of concept cars from high-income consumers and extensive growth in electric cars are boosting the demand of Automotive Adaptive Lighting Market. Technological innovations associated with automotive lighting industry are anticipated to stimulate market demand. For instance, a technology known as ‘laser matrix’ is improving the safety of high-beam driving.
The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Automotive Adaptive Lighting industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Automotive Adaptive Lighting industry.
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Growing demand for premium cars is anticipated to create growth opportunities for the growth of the market. The demand for ultra-luxury cars demand has witnessed a significant increase. The clients of brands like Bentley, Aston Martin, Bugatti or Ferrari are looking for status but also for the latest features available in the market. The manufacturers are not only providing models with better new products but they are also evolving their products in terms of powertrain and segmentation.
China is the key country and holds a significant share for the Automotive Adaptive Lighting Market in the APAC region. Other countries like South Korea, Japan, and India have also experienced a surge in the installation of adaptive automotive lighting.
In January 2019, Valeo enetered into an agreement with Cree Inc to develop the first complete high definition (HD) LED array solution for automotive lighting system.
Key players in the market include Magneti Marelli S.p.A, Varroc Engineering Limited, HELLA Group, SL Corporation, Stanley Electric Co., Ltd, Koito Manufacturing Co., Ltd., Valeo, Zizala Lichtsysteme GmbH, and OSRAM Light AG, among others.
Product Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Halogen Headlight
Xenon Headlight
LED Headlight
Others
Application Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Exterior Lighting
Headlights
Fog Lights
Day Time Running Lights (DRL)
Taillights
Sidelights
Centre High-Mount Stop Light (CHMSL)
Interior Lighting
Dashboard
Glovebox
Reading Lights
Dome Lights
Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Passenger Vehicles
Light Commercial vehicles
Trucks and Buses
Two-wheelers
The global Automotive Adaptive Lighting market is classified on a product basis, application and end-user. Based on product, the market is segmented as systems, and services & software. Considering application the market is classified as cardiology, oncology, neurology, and others. The market on the basis of the end-user is classified as hospitals, ambulatory surgical centers, and diagnostic centers.
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Competitiveness:
Owing to the huge demand for the Automotive Adaptive Lighting product, key players operating in the market relish on economies of scale. Due to a large number of partnerships and collaborations, the demand for the Automotive Adaptive Lighting product has risen at a considerable rate. However, the new entrants in the market are in an effort to increase their partnerships with the OEMs, which will result in an increased market share over the coming years. On the other hand, companies are also investing heavily in interoperability, which is expected to intensify the market competition during the forecast period.
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Here are the questions we answer…
What are the future opportunities in store for the vendors operating in the Automotive Adaptive Lighting market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Automotive Adaptive Lighting market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Automotive Adaptive Lighting market growth worldwide?
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Table of Content
Chapter 1. Automotive Adaptive Lighting Market Methodology & Sources
1.1. Automotive Adaptive Lighting Market Definition
1.2. Automotive Adaptive Lighting Market Research Scope
1.3. Automotive Adaptive Lighting Market Methodology
1.4. Automotive Adaptive Lighting Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Automotive Adaptive Lighting Market Key Insights
Chapter 4. Automotive Adaptive Lighting Market Segmentation & Impact Analysis
Chapter 5. Automotive Adaptive Lighting Market By Products Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Automotive Adaptive Lighting Market By Types Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Automotive Adaptive Lighting Market By Applications Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Automotive Adaptive Lighting Market By End Use Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 9. Automotive Adaptive Lighting Market Regional Outlook
Chapter 10. Competitive Landscape
Continued…
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