The global automotive adaptive front-lighting system market is expected to witness considerable growth during the forecast period (2020–2030), on account of the rising concerns over increasing fatal accidents, particularly along sharp curves, and stringent government regulations mandating the installation of these lighting systems in new vehicles. In addition, rising consumer awareness on technologically advanced automotive systems and increasing adoption of luxury cars with adaptive headlights as a standard feature are benefiting the market growth. Moreover, the rising demand for advanced driver-assistance system (ADAS) features in automobiles is creating ample opportunities for the market players to enhance their product portfolio and customer base.
On the basis of vehicle type, the automotive adaptive front-lighting system market has been categorized into passenger and commercial vehicles. Between the two, the passenger vehicle category held the larger market share during the historical period (2014–2019), owing to the increased passenger vehicle production, coupled with the launch of new car models with adaptive lighting systems, in recent years. For instance, in 2019, Opel Automobile GmbH launched the sixth-generation Opel Corsa-e with the adaptive, glare-free IntelliLux LED matrix light feature. The light comprises eight light-emitting diode (LED) elements, which are controlled by a new-generation, high-resolution front camera and adjust the light beam according to the prevailing road conditions and the surroundings.
Based on technology, the automotive adaptive front-lighting system market has been categorized into LED, halogen, xenon, and others (organic light-emitting diode and laser). During the forecast period, the market is expected to witness the fastest growth in the xenon category. This can be mainly attributed to the growing popularity of xenon or high-intensity discharge (HID) lamps in the automotive industry. HID headlights are brighter and, thus, increase the visibility of peripheral objects (such as street signs and markers). Moreover, the availability of advanced xenon or HID adaptive lighting systems from original equipment manufacturers (OEMs) at a reasonable price is expected to fuel the market growth.
Geographically, APAC held the largest share in the automotive adaptive front-lighting system market during the historical period. This can be mainly attributed to the presence of major OEMs in the region, such as Honda Motor Co. Ltd., Toyota Motor Corporation, and Hyundai Motor Company, which are deploying adaptive front-lighting systems in their offerings. The market growth in the region is also driven by developing economies, such as India and China, where the demand for adaptive lighting solutions is rising on account of the increasing vehicle sales and rising incidence of road accidents.
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Industry Drivers
The growing demand for adaptive lighting systems in heavy commercial vehicles, such as trucks and buses, coupled with stringent government regulations in many countries with respect to vehicle production, is the major factor driving the growth of the automotive adaptive front-lighting system market, globally. The demand for heavy commercial vehicles with advanced safety features, such as adaptive headlights and traffic sensors, in the logistics and transportation industries is increasing. Commercial vehicles in the logistic network generally ply at night, often in low-light conditions. Moreover, rising road safety concerns among truck drivers and fleet owners are resulting in the demand for adaptive front-lighting technology solutions, which, in turn, is driving the market growth.
Competitive Landscape
Some of the major players operating in the global automotive adaptive front-lighting system market are Valeo SA, Magneti Marelli S.p.A., OSRAM GmbH, HELLA GmbH & Co. KGaA, KOITO MANUFACTURING CO. LTD., STANLEY ELECTRIC CO. LTD., ZKW Group GmbH, Varroc Group, SL Corporation, Mazda Motor Corporation, and HYUNDAI MOBIS CO. LTD. These companies are increasingly focusing on product research and entering into collaborations with other companies to enhance their product portfolio and increase their market share.
On the basis of vehicle type, the automotive adaptive front-lighting system market has been categorized into passenger and commercial vehicles. Between the two, the passenger vehicle category held the larger market share during the historical period (2014–2019), owing to the increased passenger vehicle production, coupled with the launch of new car models with adaptive lighting systems, in recent years. For instance, in 2019, Opel Automobile GmbH launched the sixth-generation Opel Corsa-e with the adaptive, glare-free IntelliLux LED matrix light feature. The light comprises eight light-emitting diode (LED) elements, which are controlled by a new-generation, high-resolution front camera and adjust the light beam according to the prevailing road conditions and the surroundings.
Based on technology, the automotive adaptive front-lighting system market has been categorized into LED, halogen, xenon, and others (organic light-emitting diode and laser). During the forecast period, the market is expected to witness the fastest growth in the xenon category. This can be mainly attributed to the growing popularity of xenon or high-intensity discharge (HID) lamps in the automotive industry. HID headlights are brighter and, thus, increase the visibility of peripheral objects (such as street signs and markers). Moreover, the availability of advanced xenon or HID adaptive lighting systems from original equipment manufacturers (OEMs) at a reasonable price is expected to fuel the market growth.
Geographically, APAC held the largest share in the automotive adaptive front-lighting system market during the historical period. This can be mainly attributed to the presence of major OEMs in the region, such as Honda Motor Co. Ltd., Toyota Motor Corporation, and Hyundai Motor Company, which are deploying adaptive front-lighting systems in their offerings. The market growth in the region is also driven by developing economies, such as India and China, where the demand for adaptive lighting solutions is rising on account of the increasing vehicle sales and rising incidence of road accidents.
Find out more!
Industry Drivers
The growing demand for adaptive lighting systems in heavy commercial vehicles, such as trucks and buses, coupled with stringent government regulations in many countries with respect to vehicle production, is the major factor driving the growth of the automotive adaptive front-lighting system market, globally. The demand for heavy commercial vehicles with advanced safety features, such as adaptive headlights and traffic sensors, in the logistics and transportation industries is increasing. Commercial vehicles in the logistic network generally ply at night, often in low-light conditions. Moreover, rising road safety concerns among truck drivers and fleet owners are resulting in the demand for adaptive front-lighting technology solutions, which, in turn, is driving the market growth.
Competitive Landscape
Some of the major players operating in the global automotive adaptive front-lighting system market are Valeo SA, Magneti Marelli S.p.A., OSRAM GmbH, HELLA GmbH & Co. KGaA, KOITO MANUFACTURING CO. LTD., STANLEY ELECTRIC CO. LTD., ZKW Group GmbH, Varroc Group, SL Corporation, Mazda Motor Corporation, and HYUNDAI MOBIS CO. LTD. These companies are increasingly focusing on product research and entering into collaborations with other companies to enhance their product portfolio and increase their market share.
