Automotive Intelligent Lighting Market Outlook, Industry Demand and Supply, Key Prospects, Pricing Strategies, Forecast and Top Manufacturers Analysis Report

February 15 15:36 2021
Automotive Intelligent Lighting Market is estimated to grow at a CAGR of 4.4% from USD 26.22 billion in 2019 to USD 37.26 billion in 2027. It is expected that rising production and sales of commercial vehicles around the world would boost demand in the forecast period.

An increasing need for safety features in automotive has spurred the innovation of intelligent and efficient lighting. Automotive intelligent lighting has many benefits like a body levelling sensor, high-intensity discharge headlamp ballast, control module, angular sensor, and actuators. These factors are expected to contribute to the increased market demand for automotive intelligent lighting.

The growing acceptance of OLEDs, deployment of AFS in the LED technology for bending headlamps, and resource scarcity are just some of the industry’s technical advances. The existing headlight designs slowly shift to aesthetic designs that involve the smaller dimensions of the headlights.

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Market Drivers

Rising sales and production of commercial vehicles around the world are major factors that are expected to fuel the market growth during the forecast period. Owing to growing concerns about the safety of the vehicle and strict government regulations have spurred technological advancements, which further boosts the demand.

Companies considered and profiled in this market study

Osram GmbH, Valeo SA, Hella KGaA Hueck & Co., Stanley Electric, Koito Manufacturing Co., Ltd., Magneti Marelli, Koito Manufacturing Co., Ltd., General Electric, Continental, and Bosch, among others, have been profiled in the report. They are the major manufacturers of the product.

The rapidly increasing population and rising purchasing power in developing economies are expected to boost the market demand during the forecast period. Headlight designs have taken a sharp turn towards aestheticism and are available in compact sizes. This is projected to further fuel the adoption of automotive intelligent lighting. 

For the purpose of this report, Emergen Research has segmented into the global Automotive Intelligent Lighting Market on the basis of Technology, Vehicle Type, Application, and region:

  • Technology Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
    • Halogen
    • LED
    • Xenon
    • Others
  • Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
    • Front/headlamps
    • Rear
    • Side
    • Interior
  • Vehicle Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
    • Passenger Cars
    • Commercial Vehicles

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Regional Landscape

The automotive lighting market in the Asia Pacific held more than 40% of the global share in 2020. The rise in the production of automobiles in nations like India, Japan, China, and Taiwan and the increase in population, advancing markets, and rise in purchasing power of consumers are expected to boost the demand in the region.

Europe is expected to exhibit lucrative growth due to the rising need for reverse, brake, signal indicators, and interior lights. Moreover, environmental regulations have made it compulsory to install LEDs in several applications. North America is estimated to observe a robust demand for LED lights, majorly in the automotive sector, supported by the rising application of them in the interior design sector.

Table of Content

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Indicative Metrics

Chapter 4. Automotive Intelligent Lighting Market Segmentation & Impact Analysis

    4.1. Automotive Intelligent Lighting Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Growth in the automobile sector

                    4.2.2.2. Rapid rise in sales of premium and luxury cars due to rising disposable incomes

                    4.2.2.3. Supportive government regulations

                    4.2.2.4. Rising demand for Automotive Intelligent Lighting

                    4.2.2.5. Increasing demands for integration of luxury coupled with strong consumer focus on car aesthetics

          4.2.3. Market restraints analysis

                    4.2.3.1. Longer product development cycles and the power consumption issues

                    4.2.3.2. Lack of skilled labor during COVID-19

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. ETOP Analysis

    4.6. Porter’s Five Forces Analysis

    4.7. Competitive Metric Space Analysis

    4.8. Price trend Analysis

    4.9. Customer Mapping

    4.10. Covid-19 Impact Analysis

    4.11. Global Recession Influence

Chapter 5. Automotive Intelligent Lighting Market By Technology Insights & Trends

    5.1. Technology Dynamics & Market Share, 2019 & 2027

    5.2. Halogen

          5.2.1. Market estimates and forecast, 2017 – 2027 (USD Billion)

          5.2.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)

    5.3. LED

          5.3.1. Market estimates and forecast, 2017 – 2027 (USD Billion)

          5.3.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)

    5.4. Xenon

          5.4.1. Market estimates and forecast, 2017 – 2027 (USD Billion)

          5.4.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)

    5.5. Others

          5.5.1. Market estimates and forecast, 2017 – 2027 (USD Billion)

          5.5.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)

Chapter 6. Automotive Intelligent Lighting Market By Vehicle Type Insights & Trends

    6.1. Vehicle Type Dynamics & Market Share, 2019 & 2027

    6.2. Passenger Cars

          6.2.1. Market estimates and forecast, 2017 – 2027 (USD Billion)

          6.2.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)

    6.3. Commercial Vehicle

          6.3.1. Market estimates and forecast, 2017 – 2027 (USD Billion)

          6.3.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)

Continue…!

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