Adaptive Headlight Market Scope
The growing automotive sale worldwide will help to boost global Adaptive Headlight market in the forecasted period. Adaptive headlights are an active safety feature designed to make driving at night or in low-light conditions safer by increasing visibility around curves and over hills. Adaptive headlight system tends to increase the visibility of the driver at night time. Hence, enhancing the safety of the driver. Adaptive headlight system can be suitable for complex road conditions such as road surface water, corner, highway, rural road, urban road and so on.
According to AMA, the Global Adaptive Headlight market is expected to see growth rate of 10.1% Research Analyst at AMA estimates that Japanese Vendors will contribute to the maximum growth of Global Adaptive Headlight market throughout the predicted period.
HELLA KGaA Hueck & Co. (Germany), Koito Manufacturing Co. Ltd. (Japan), ZKW Group (Austria), Valeo (France), Magneti Marelli (Italy), Stanley (United States), SL Corporation (South Korea), Ichikoh (Japan), Varroc (India) and TYC (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Hyundai IHL (South Korea), Imasen (Japan) and Fiem (India).
Segmentation Overview
The study have segmented the market of Global Adaptive Headlight market and Region with country level break-up.
On the basis of geography, the market of Adaptive Headlight has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Introduction of Stringent Government Regulations to Install Advanced Safety Feature in Passenger and Commercial Vehicles and High Adoption due to Improved Sensor Technology
Market Growth Drivers:
Rapid Urbanization and Expanding Transportation and Logistics and Rapid Development in Automobile Industry Across the Globe
Challenges:
Availability of Sub-Standardized Lighting Systems
Restraints:
The High Cost of Automotive Adaptive Lighting
Opportunities:
Growing Demand due to Development of Latest High-Intensity Discharge (HID) Projector Lamp Systems and High Demand in Advancements in Automotive Lighting Technology
Market Leaders and their Expansionary Development Strategies
On 19th September 2019, KOITO MANUFACTURING CO., LTD. has announced that it has developed and started mass-producing “BladeScanTM *1 ADB (Adaptive and Driving Beam)*2,” the world’s first headlamp system.
On 26th April 2018, LG has acquired leading automotive lighting and headlight systems provider ZKW Group, capping a deal worth more than EUR 1.1 billion, LG's largest acquisition to date.
Key Target Audience
Adaptive Headlight Manufactures, Adaptive Headlight Suppliers, Adaptive Headlight Distributors, Government Regulatory Bodies, Government Reaserch Orgnizations, Private Research Organizations and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.