Global Automotive Adaptive Lighting Market Size, Share, Trends Growth Analysis Report provides comprehensive information on historic and forecast data of the Automotive Adaptive Lighting industry with forecast to 2023.
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Automotive Adaptive Lighting Market Highlights:
Global Automotive Adaptive Lighting Key Players Analyzed in Report:
HELLA KGaA Hueck & Co. (Germany), Koito Manufacturing Co., Ltd (Japan), Magneti Marelli (Italy), Stanley Electric (Japan), North American Lighting (U.S.) Varroc Lighting Systems (U.S.), Zizala Lichtsysteme GmbH (Austria), OSRAM Licht AG, Valeo Group (France), and SL Corporation (South Korea).
Automotive Adaptive Lighting Market Drivers and Restraints:
The global automotive adaptive lighting market has been largely benefiting from the changing paradigms in government regulations and end-user’s perspective towards enhanced safety in automobiles. In spite of a turbulence caused by the global economic slowdown of 2008, the automotive market gained back the pre-crisis annual growth rate after 2014. With several driving trends such as growing demand of passenger vehicles, growing urban population, expansion of global auto-manufacturers into new emerging markets, and rising disposable income of middle-class population. The global automotive adaptive lighting market is poised to grow over USD 2,795.7 million by 2023 at an estimated CAGR of 8.18% through the forecast period.
Global automotive adaptive lighting market has very broad market in coming recent years. MRFR analysts has predicted that automotive industry is about to grow at a rapid pace, moreover, the speedy rising sales of passenger cars and technological innovations have also been a growth momentum.
The automotive adaptive lighting market is completely dependent on the automobile industry. Thus, the increasing or decreasing demand of the automotive industry directly has an impact on the market. Over the last couple of years, the sales of new vehicles have been continuously increasing. As a result, the demand for automotive adaptive lighting has also increased. The increase in the sales of new vehicles has mainly been because of competitive and diverse options available for finance
Global Automotive Adaptive Lighting Market Segments Analysis:
The scope of the study segments the global automotive adaptive lighting market by its technology, vehicle type, end market and regions.
By Technology:
- LED
- Xenon
- Halogen
By Vehicle Type:
- Passenger Vehicles
- Commercial Vehicles
By Region:
- North America
- Asia Pacific
- Europe
- Rest of the World
Global Automotive Adaptive Lighting Market Regional Analysis:
The global automotive adaptive lighting market by region has been segmented into North America, Europe, Asia-Pacific and Rest of the world. This market has seen a substantial growth over the past few years and it has been experienced that the market will remain on the same growth level till forecast period. Among the regions covered, Europe has accounted the largest market for automotive adaptive lighting market followed by Asia-Pacific and North America.
Major factors that have driven the automotive adaptive lighting market are increase in sales of new vehicles, increasing focus on R&D for automotive lighting, accelerating urbanization led to growth of automobile industry and among others. On the other side, factor that are hindering the market are higher cost of automotive adaptive lightings and underdeveloped aftermarket services for automotive adaptive lighting. Despite this factor, the automotive adaptive lightings market is expected to show a good market figure owing to technological advancements and increasing demand for passenger vehicles.
Report Overview:
The report for Global Automotive Adaptive Lighting Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 BARGAINING POWER OF SUPPLIERS
3.1.4 THREAT OF SUBSTITUTES
3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
Continued…
List Of Tables:
TABLE 1 GLOBAL AUTOMOTIVE ADAPTIVE LIGHTING MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION) 30
TABLE 2 GLOBAL AUTOMOTIVE ADAPTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 33
TABLE 3 GLOBAL AUTOMOTIVE ADAPTIVE LIGHTING MARKET, BY END MARKET, 2015-2023 (USD MILLION) 36
TABLE 4 GLOBAL AUTOMOTIVE ADAPTIVE LIGHTING MARKET, BY REGION, 2015-2023 (USD MILLION) 39
TABLE 5 NORTH AMERICA AUTOMOTIVE ADAPTIVE LIGHTING, BY COUNTRY, 2015-2023 (USD MILLION) 41
TABLE 6 NORTH AMERICA AUTOMOTIVE ADAPTIVE LIGHTING MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION) 41
TABLE 7 NORTH AMERICA AUTOMOTIVE ADAPTIVE LIGHTING MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 42
Continued…
LIST OF FIGURES:
FIGURE 1 RESEARCH PROCESS OF MRFR 16
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 18
FIGURE 3 IMPACT ANALSIS: MARKET DRIVERS 20
FIGURE 4 SALES OF NEW VEHICLES, 2013-2016 21
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS 22
FIGURE 6 FIVE FORCES ANALYSIS 24
Continued…
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