DUBLIN, April 18, 2019 /PRNewswire/ -- The "Global Automotive Intelligent Lighting Market: Focus on Adaptive Headlight and Intelligent Ambient Lighting - Halogen, Xenon, and LED for Two-Wheelers, Passenger Cars and Commercial Vehicles - Analysis and Forecast, (2018-2023)" report has been added to ResearchAndMarkets.com's offering.
The global automotive intelligent lighting market is expected to grow at a CAGR of 8.44% in terms of value during the forecast period 2018-2023.
This growth can be attributed to the increasing demand for advanced active safety features such as adaptive headlights. Furthermore, the rising demand for advance intelligent ambient lighting and advantages associated with automotive intelligent lighting are expected to drive the global market for automotive intelligent lighting during the forecast period (2018-2023).
With the advent of automotive intelligent lighting solution, lighting manufacturers enable automotive OEMs to offer enhanced active safety features, such as adaptive lighting and improved interior lighting such as intelligent ambient lighting, to consumers. The constant evolution of the technologies such as adaptive lighting and intelligent ambient lighting is bound to expand many other applications such as an adaptive rear lamp, adaptive indicators, and adaptive parking light, among others.
The major driving force behind the rising adoption of adaptive lighting and intelligent ambient lighting are stringent safety rules and regulation by government of different countries and rise in demand for comfort and luxury. The automotive adaptive lighting market has grown extensively and is on the transition from traditional lighting technologies such as halogen and xenon to LED. Energy efficient LED lighting sources are gaining popularity due to stringent government regulation on vehicular emissions. The rapid decline in LED prices is also encouraging the automotive manufacturers for the development of LEDs for different applications in vehicles such as interior/ ambient lighting.
The demand for automotive intelligent lighting varies according to various geographical regions. The automotive intelligent lighting market holds a prominent share in various countries of North America, Asia-Pacific (APAC), Europe, and Rest-of-the-World (RoW). Geographically, Europe led the global automotive intelligent lighting market in 2017 in terms of value. Additionally, the APAC region is expected to witness the highest growth during the forecast period (2018-2023). Growing automotive industry, rising disposable income, and increasing manufacturing facilities are some of the factors contributing to the market growth in the APAC region.
The global automotive intelligent lighting market has witnessed several strategic and technological developments in the past few years, undertaken by the different market players to attain their respective market shares in this emerging domain. Some of the strategies covered in this section are product launches & development, business expansion, partnerships and collaborations, and mergers and acquisitions. The preferred strategy for the companies has been business expansion in order to strengthen their position in the global automotive intelligent lighting market.
The key market players in the global automotive intelligent lighting market are General Electric, Gropo Antolin, Hella GmbH & Co. KGaA, Hyundai Mobis Co. Ltd, Ichikoh Industries, Ltd., J W Speaker Corporation, Koito Manufacturing Co. Ltd, Magneti Marelli S.p.A, OSRAM GmbH, Signify Holding, Stanley Electric Co. Ltd, Valeo Group, Varroc Group, and Zizala Lichtsysteme GmbH.
Key questions answered in the report:
- What is automotive intelligent lighting?
- How big is the automotive intelligent lighting (adaptive headlight and intelligent ambient lighting) market in terms of revenue and what is the CAGR (2018-2023)?
- What is the revenue generated by different technologies such as halogen, xenon, and LED?
- What is the revenue generated by different vehicle types such as two-wheelers, passenger cars, and commercial vehicle?
- What is the revenue generated by the different end-market such as original equipment manufacturer (OEM) and aftermarket?
- What is the revenue generated by different regions such as North America, Europe, Asia-Pacific, and Rest-of-the-World (RoW)?
- What are the major technological trends, which would affect the market ecosystem?
- Which are the key companies operating in the automotive intelligent lighting market?
- Which global factors are likely to impact the automotive intelligent lighting market?
- What are the key market strategies adopted by the automotive intelligent lighting market players?
Key Topics Covered:
1 Market Overview
1.1 Automotive Intelligent Lighting Overview
1.1.1 Adaptive Headlight
1.1.2 Intelligent Ambient Lighting
2 Market Dynamics
2.1 Change in Industry Landscape
2.1.1 Evolution of Automotive Headlight
2.2 Market Drivers
2.2.1 Increase in Vehicle Sales
2.2.2 Growing Emphasis Towards Road Safety
2.2.3 Inclination Towards Comfort and Luxury
2.2.4 Impact of Market Drivers
2.3 Market Challenges
2.3.1 High Cost Associated with Automotive Intelligent Lighting
2.3.2 Fluctuation in the Price of Raw Materials
2.3.3 Impact of Market Challenges
2.4 Market Opportunities
2.4.1 Increasing Adoption of Two-Wheelers Adaptive Headlight by OEMs
2.4.2 Wide Ranging Opportunities in Emerging Economies
2.5 Trends in Automotive Lighting
2.5.1 Packaged LED for Automotive Lighting
220.127.116.11 LED vs. Conventional Automotive lighting
2.5.2 OLED Panel for Automotive Lighting
2.5.3 Laser Diode for Automotive Lighting
3 Competitive Insights
3.1 Key Strategies and Developments
3.1.1 Product Launches & Development
3.1.2 Business Expansion
3.1.3 Acquisitions, Collaborations & Joint Ventures
3.2 Market Share Analysis
3.3 R&D Analysis
4 Industry Analysis
4.1 Opportunity Matrix Analysis
4.2 Supply Chain Analysis
4.3 Product Life Cycle
5 Global Automotive Intelligent Lighting Market Analysis and Forecast
5.1 Assumptions for Analysis and Forecast of the Automotive Intelligent Lighting Market
5.2 Market Overview
6 Global Automotive Intelligent Lighting Market, by Type
6.1 Adaptive Headlight
6.1.1 Global Automotive Adaptive Headlight Market by Region
6.1.2 Future Application of Automotive Adaptive Front Lighting
18.104.22.168 Front Fog Light
22.214.171.124 Front and Side Indicators
126.96.36.199 Front Parking Light
188.8.131.52 Adaptive Day Time Running Lights (DRL)
6.1.3 Future Application of Automotive Adaptive Rear Lighting
184.108.40.206 Brake Light
220.127.116.11 Rear Indicators
18.104.22.168 Reverse Light
22.214.171.124 License Plate Light
126.96.36.199 Central High-Mounted Stop Lamp (CHMSL)
188.8.131.52 Rear Fog Lights
6.2 Intelligent Ambient Lighting
6.2.1 Global Automotive Intelligent Ambient Lighting Market, by Region
6.2.2 Dashboard Light
6.2.3 Dome Light
6.2.4 Glove Light
6.2.5 Welcome Light
7 Global Automotive Intelligent Lighting Market, by Vehicle Type
7.2 Passenger Cars
7.3 Commercial Vehicles
8 Global Automotive Adaptive Lighting Market, by End-Market
9 Global Automotive Intelligent Lighting Market by Geography
10 Company Profiles
- General Electric
- Grupo Antolin
- Hella Gmbh & Co. Kgaa
- Hyundai Mobis Co. Ltd.
- Ichikoh Industries, Ltd.
- J W Speaker Corporation
- Koito Manufacturing Co. Ltd.
- Magneti Marelli S.P.A
- Osram Gmbh
- Signify Holding
- Stanley Electric Co. Ltd.
- Valeo Group
- Varroc Group
- Zizala Lichtsysteme Gmbh
For more information about this report visit https://www.researchandmarkets.com/r/fmjfa0
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