DALLAS, TX / ACCESSWIRE / January 14, 2021 / According to a new market report by Lucintel, the future of the automotive adaptive front lighting market looks promising with opportunities in the passenger car, light commercial vehicle, and electric vehicle markets. The adaptive front lighting market is expected to grow with a CAGR of 52% from 2019 to 2024. The major drivers for this market are rising awareness of energy-efficient lighting systems, favorable government policies, increasing installation of led lights in cars, and customers' inclination towards comfort and safety features.
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Different types of front lighting functions are used in the vehicle, such as auto-on/off, high beam assist, cornering lights, headlight leveling, and bending lights. Auto-On/OFF is the largest segment of the automotive adaptive front lighting market.
Xenon, LED, Laser, and OLED are the major technology segments of the automotive adaptive front lighting market.
Asia Pacific will remain the largest region over the forecast period due to increasing vehicle production, and growing vehicle safety concern among customers.
HELLA, Magneti Marelli, Koito Manufacturing, Valeo, Stanley Electric, Neolite ZKW, Continental, De Amertek, Denso Corporation, Johnson Electric, Hyundai Mobis, Robert Bosch, Fraunhofer-Gesellschaft, and Texas Instruments are among the major manufacturers of automotive adaptive front lighting.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive adaptive front lighting market by technology, function, end use, and region. Lucintel has prepared a comprehensive research report titled "Automotive Adaptive Front Lighting Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the automotive adaptive front lighting market by technology, function, end use, and region as follows:
By Technology [$M shipment analysis for 2013 - 2024]
- Xenon
- LED
- Laser
- OLED
By Function [$M shipment analysis for 2013 - 2024]
- Auto On-Off
- Bending/Curve Lights
- Cornering Lights
- High beam assist
- Headlight leveling
By End Use [$M shipment analysis for 2013 - 2024]
- Passenger Car
- Small cars
- Compact cars
- Mid-Sized cars
- Luxury cars
- SUVs & Crossovers
- Light Commercial Vehicle
- Electric Vehicles
By Region [$M shipment analysis for 2013 - 2024]
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Russia
- France
- United Kingdom
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- The Rest of the World
- Brazil
- Turkey
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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SOURCE: Lucintel