Over the past few decades, the automotive lighting industry witnessed rapid technological advancements. These improvements were highly driven by the changes in the consumer preferences, as they inclined towards better safety, design, and luxury in vehicles. Within this timeframe, automotive headlamps have transformed from big halogen bulbs to adaptive headlights, intelligent headlights, and laser headlights, among others. These new technologies in the automotive headlights ensure high visibility without blinding the driver sitting in the vehicle coming in front. These headlights are highly advanced that automatically adjust their brightness depending on the surrounding. In addition to this, they consume lesser power and space and have a longer life. The growing inclination of consumers towards technological advancements in vehicles paired with stringent safety regulations in several countries are the major driving factors behind the growing adoption of intelligent headlights in the automotive industry. Besides this, continuously growing production of vehicles is also fueling the market of intelligent headlights across the globe.

ALSO READ : http://www.marketwatch.com/story/insights-on-automotive-intelligent...

In 2018, around 81 million cars were sold and it is expected to reach two billion by the end of 2040. Owing to this, the global market value of intelligent headlights is expected to reach US$ 13.75 billion by 2025. However, policy bottlenecks in the U.S., the high cost of the headlights and restrains related to low temperatures are posing to be some of the major challenges in the industry. These factors are hampering the penetration of intelligent headlights in the global industry. On the other hand, growing collaborations between the light equipment manufacturers and semiconductors countries is anticipated to bolster the market in the coming years.
Among all the three technologies, which includes Xenon HID, LED and Laser, LED is expected to hold the highest market share in 2025. The rapidly decreasing cost of LED and rise in the need for energy efficient lighting solutions are expected to fuel the adoption of this technology in the coming years in the automotive industry. Across different channel of sales, that is Original Equipment Manufacturer (OEM) and aftermarket, OEM held more than 94.9% market share in 2018. The OEM sales channel is less prone to risks or faults in the products. The products or services belong to a brand that already has established a market presence. Owing to this, renowned automakers highly rely on OEMs for intelligent headlights. To exemplify, Osram Opto Semiconductors developed laser headlights that are used in BMW i8, 7 series, and Audi R8 and R8 LMX. The market of intelligent headlights is highly varied across types of vehicles. These intelligent headlights are majorly deployed in high-end vehicles, although their penetration level is steadily increasing among commercial segment. In addition to this, in the coming decades, as the prices of these headlights will decrease, they will eventually come as a standard feature in mid-size vehicles as well.

ALSO READ : http://www.marketwatch.com/story/commercial-aircraft-electronic-fli...
Owing to the policy bottlenecks in the U.S., the adoption of intelligent headlights is minimum. However, Europe dominated the global intelligent automotive headlights market in 2018. On the other hand, increasing per capita income of the consumers in the Asian region is anticipated to make it the fastest growing region by the end of the forecast period. Asia Pacific is expected to grow to US$ 5.35 billion in 2025 from US$ 2.26 billion in 2018 at a remarkable CAGR of 13.4% during the forecast period (2018-2025).

ALSO READ : http://www.marketwatch.com/story/prefilled-sodium-citrate-syringes-...
Some of the major players profiled in the report include Osram Opto Semiconductors Inc., Hella GmbH & Co. KGaA, Valeo SA, Magneti Marelli S.p.A., KOITO MANUFACTURING CO., Continental AG, Stanley Electric Co. Ltd, Denso Corporation, Texas Instruments Incorporated, and Robert Bosch GmbH. Over the past few years, these players in this industry adopted a number of strategic and competitive strategies such as merger and acquisition, partnership and business expansion among others. These players are working forward to strengthen their foothold in the global market through several business strategies. The preceding table gives the market size of the global intelligent automotive headlights market from 2018 to 2025.

Table of Contents

1. MARKET INTRODUCTION
1.1 Market Definition 13
1.2 Objective of the Study 13
1.3 Limitation 13
1.4 Stakeholders 13
1.5 Currency used in the Report 14
1.6 Scope of the Global Automotive Intelligent Headlights Market Study 14
2. RESEARCH METHODOLOGY OR ASSUMPTION 15
2.1 Research Methodology for Global Intelligent Automotive Headlights Market 15
2.1.1 Main Objective of the Global Intelligent Automotive Headlights Market Study 16
3. REGULATORY FRAMEWORK 17
3.1 North America 17
3.2 Europe 17
3.3 Asia Pacific (APAC) 17
3.4 Rest of World (RoW) 17
4. INDUSTRY PERFORMANCE 18
5. EXECUTIVE SUMMARY 19
6. MARKET OVERVIEW 21
6.1 Introduction 21
6.2 Market Dynamics 22
6.2.1 Market Trend & Drivers 22
6.2.1.1 Stringent Government Safety Regulations to Reduce Fatalities 22
6.2.1.2 The rise in Sales of Passenger and Commercial Vehicles 24
6.2.1.3 The rise in Demand for Comfort and Luxury 25
6.2.2 Market Restraints 26
6.2.2.1 Policy Bottlenecks 26
6.2.2.2 Higher Cost Variable 26
6.2.2.3 Temperature Dependence 27
6.2.3 Market Opportunities 27
6.2.3.1 The rise of Disposable Income in Asia 27
6.2.3.2 Collaboration between Smart Headlight and Sensor Manufacturers 28
6.3 Key Market Indicators 28
6.3.1 Demand and Supply Side Analysis 28
6.3.1.1 Top Winning Strategies 29
6.3.1.1.1 Top Product launches 29
6.3.1.1.2 Top Business Expansions 30
6.3.1.1.3 Top Acquisition and Collaborations 31
6.3.2 Value Chain Analysis 32
7. MARKET INSIGHTS BY TECHNOLOGY 33
7.1 General Overview 33
7.1.1 Xenon HID 34
7.1.2 Light Emitting Diode (LED) 34

…continued

CONTACT DETAILS :

[email protected]

+44 203 500 2763

+1 62 825 80070

971 0503084105