Automotive Adaptive Lighting Market Size, Scope, Growth Opportunities, Trends by Manufacturers And Forecast to 2027
In 2027, it is anticipated that the global market for automotive adaptive lighting would amount to $3.91 billion. The demand for automotive adaptive lighting is being driven by the ongoing advancement of automotive lighting applications, rising use of luxury passenger vehicles, rising demand for automotive automation, high-end consumers’ demand for concept cars, and rapid expansion of the electric vehicle market. It is projected that technological advancements related to the automotive lighting sector will increase demand.For instance, “laser matrix” technology is enhancing the safety of high-beam driving. The method creates a lighting design with both bright and dark zones by fusing laser lights, digital light processing, and micro mirrors. To prevent blinding drivers and pedestrians, the technology automatically masks out regions in front of the vehicle, such as oncoming cars, and enhances light in places where there are dangers.
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Some Key Highlights from the Report
During the forecast period, Halogen Headlight is expected to expand rapidly. When running at a higher filament temperature, a halogen headlight boosts the luminous efficacy of a tungsten filament, producing more lumens per watt input. A tungsten-halogen lamp also has a brightness lifetime that is significantly longer than that of comparable filaments not using a halogen regeneration cycle.
Due to an increase in travel and leisure activities around the world, there has been a sharp increase in the demand for Special Utility Vehicles (SUVs). Because they encounter less traffic on the road than large passenger vehicles, small automobiles are also expanding quickly.
It’s projected that rising premium car demand would open up market expansion chances. There has been a notable rise in the demand for ultra-luxury vehicles. Customers of luxury brands like Bentley, Aston Martin, Bugatti, or Ferrari seek both status and the newest features on the market. Manufacturers are improving their existing products while also segmenting and improving the powertrain of the models they provide.
In the APAC area, China is the primary nation and the market leader for automotive adaptive lighting. There has been a significant increase in the installation of adaptive automobile lighting in other nations, including South Korea, Japan, and India.
In order to provide the first comprehensive high definition (HD) LED array solution for automotive lighting systems, Valeo and Cree Inc. entered into a contract in January 2019.
The market is dominated by companies like Valeo, Stanley Electric Co., Ltd., Koito Manufacturing Co., Ltd., Magneti Marelli S.p.A., Varroc Engineering Limited, HELLA Group, SL Corporation, Zizala Lichtsysteme GmbH, and OSRAM Light AG, among others.
For the purpose of this report, Emergen Research has segmented into the global Automotive Adaptive Lighting Market on the basis of Product, Application, Vehicle Type, and region:
Product Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Halogen Headlight
- Xenon Headlight
- LED Headlight
Application Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Exterior Lighting
- Fog Lights
- Day Time Running Lights (DRL)
- Centre High-Mount Stop Light (CHMSL)
- Interior Lighting
- Reading Lights
- Dome Lights
Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Passenger Vehicles
- Light Commercial vehicles
- Trucks and Buses
Regional Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- North America
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
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