The global automotive laser headlight systems market to grow at a CAGR of 267.38% during the period 2016-2020.
Global Automotive Laser Headlight Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
A study of the introduction timeline of the automotive headlight systems clearly indicates a gradually reducing time gap between each new technology introduction. This is a key trend as well as a challenge for automotive OEMs and suppliers, as reduced time to market would naturally impact product strategies for the entire value chain. We expect the next automotive headlight technology after laser headlights to be introduced anytime between 2018 and 2020. The fact that laser headlights face an uphill challenge to proliferate in a market where LEDs are being considered the new normal would become a reality in this scenario, with much shorter PLCs to come.
Further, the report states that the perennial hacker/modifier are one of the challenges for the market. Hackers and component modifiers are free to take the headlights from wrecked cars (or steal the headlights themselves) and remove the phosphorus lens and the reflector. Once these are removed, a lethal laser remains and this device can be used for purposes as benign as setting fire to random harmless items, to killing people by burning a hole into their hearts or brains.
Laser headlights are actually not what the name suggests. These devices are laser-assisted headlamps in which the filaments (halogens or Xenons) and ionizable gases are replaced by laser diodes and a phosphorous lens.
The report covers the present scenario and the growth prospects of the global automotive laser headlight systems market for 2016-2020. To calculate the market size, the report considers a bottom-up approach, wherein the yearly sales data for various car models of BMW, Audi, and Mercedes-Benz have been used.
Other prominent vendors
- Universe Optics
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Geographical segmentation
Part 07: Trends impacting the global automotive laser headlight systems market
Part 08: Market drivers
Part 09: Market challenges
Part 10: Vendor landscape
Part 11: Key vendor analysis
Part 12: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/dmx2h5/global_automotive
Related Topics: Automotive Parts, Lasers
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-automotive-laser-headlight-system-market-2016-2020---market-to-grow-by-26738-with-bmw-osram-audi-zkw--soraa-dominating-300315890.html
SOURCE Research and Markets