Automotive Adaptive Front Light Market, To Register High Growth Rate During The Forecast Period 2022-2030

Pune, India, January 31, 2018 /MRFR Press Release/- Market Research Future published a cooked research report on global Automotive Adaptive Front Light market. The global market for global Automotive Adaptive Front Light market is expected to witness significant growth between 2022 and 2030.

Market Overview:

Adaptive front-lighting systems in vehicles optimize the distribution of light from the headlights, according to driving circumstances. Depending on vehicle speed and steering input, the system points the low-beams headlights in the direction the driver intends to travel.  

High initial cost associated with automotive adaptive front light, may act as a major restraining factor in the automotive adaptive front light market.

The global automotive adaptive front light market has been segmented, on the basis of type, as Halogen and LED. On the basis of vehicle type the market has been segmented as passenger vehicle and commercial vehicle. On the basis of region the market for adaptive front light has been segmented as North America, Europe, Asia Pacific, Middle East & Africa and South America.

Browse In-depth Detailed Research Report [Table of Content, List of Figures, List of Tables] of Automotive Adaptive Front Light Market Trends

The automotive industry is one of the most competitive industries. With players such as Ferrari, and McLaren leading the sports car segments, and players such as BMW, Audi and Mercedes dominating the luxury car segment, the automotive industry faces cut throat competition. Such high intensity of competition urges manufacturers to look for differentiating factor from other brands.  Adaptive front lighting systems assist drivers by improving their visibility of the road, as well as they have features to alert the driver regarding any hazard on the road. Although AFS are primarily for the safety of the passengers, these technologies are being increasingly leveraged by manufacturers to enhance the appeal of cars so as to increase demand for luxury vehicles. Manufacturers are aggressively marketing these technologies to differentiate their vehicles from others, thus resulting in higher demand in the automotive industry.  

Taste the market data and market information presented through more than 40 market data tables and figures spread over 80 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Automotive Adaptive Front Light Market Research Report - Forecast to 2030”.

Drivers:

Global Automotive Adaptive Front Light Market:

Recent stats show that despite 60 percent less traffic on the roads, more than 40 percent of all fatal accidents occur at night. The objective behind the application of lighting in an automobile was to improve visual conditions for the driver. In recent times, decreased visibility due to darkness has resulted in alarmingly high number of accidents. The advanced front light systems technology not only focuses on acting as a light source but also on reducing glare, distinguishing obstacles by using IR or UV lights. With the only source of lighting in the darkness being the street lamps and the front light systems of the vehicle, there exists an increasing need for enhanced lighting systems in vehicles for higher safety.    

The key players of global automotive adaptive front light market are Saicheng Autoparts (China), Hella (Germany), Koito Manufacturing (Japan), Magneti Marelli (Italy), Stanley Electric (Japan), North American Lighting (U.S.), Varroc (U.S.), OSRAM (Germany), Valeo (France), Neolite (China). In 2016, these companies accounted for a share of XX% of the global market.

Market Research Analysis:

Asia Pacific is the leading market for the automotive adaptive front light market, while North America and Europe are the other two leading regions, mainly due to the established automotive industry. Existence of major manufacturers in this region is also a key driver for the automotive adaptive front light market. Heavy investment in research and development enable manufacturers in this region to develop new techniques and products to tap into the future market trends.