Adaptive Headlights Market Research Report - Global Forecast till 2027

Adaptive Headlights Market Research Report: Information By Type (LED, Xenon and Halogen), By Vehicle Type (Passenger car and commercial vehicle), By Sales Channel (OEM and Aftermarket) and Region - Forecast till 2027

ID: MRFR/IA - E/6850-CR | January, 2021 | Region : Global

Adaptive Headlights Market Overview


Adaptive Headlights Market is projected to reach a value of USD 4,388.9 Million by 2026, registering a 20.42% CAGR during the forecast period.


Adaptive headlights are active safety features that are particularly designed to make driving at night and other low-light conditions safe by increasing the visibility around curves and over hills. When driving around a turn in the road, the normal headlights tend to shine straight ahead, illuminating the side of the road. Adaptive headlights, on the other hand, enables the turning of the beams according to the steering input so that the vehicle’s actual path is lit up.


The demand for adaptive headlights is limited in certain regions where the vehicle's cost is still a more prominent factor than the safety of the driver and vehicle. However, the scenario is changing with a rise in the number of road accidents and awareness regarding vehicle safety. Such a change is expected to shift the impact of road accident deaths on the global adaptive headlights market from moderate to high over the forecast period.


Segmentation


Global Market for Adaptive Headlights has been segmented based on Type, Vehicle Type, and Sales Channel.


Based on type, the global adaptive headlights market has been segmented into LED, xenon, and halogen. In 2019, the halogen segment accounted for the largest market share of 49.95%, with a market value of USD 1,049.3 million. It is projected to register a 17.64% CAGR during the projected timeframe.


Based on vehicle type, the global market has been divided into passenger car and commercial vehicle. In 2019, the passenger car segment accounted for a considerable market share of 68.00%, with a market value of USD 1,428.5 million. It is projected to register a 19.40% CAGR over the forecast period.


Based on sales channel, the global adaptive headlights market has been bifurcated into OEM and aftermarket. In 2019, the OEM segment held the larger market share of 80.58%, with a market value of USD 1,692.6 million. It is projected to register a 21.40% CAGR during the projected timeframe.


Regional Analysis


Based on region, the report on the adaptive headlights market has been segmented into Asia-Pacific, North America, Europe, and the rest of the world.


Key Competitors


The growth of the vendors is dependent on market conditions, government support, and industrial development. Thus, the vendors should focus on expanding their presence and improving their services. Robert Bosch GmbH, General Electric, HELLA GmbH & Co. KGaA, Koito Manufacturing Co., Ltd., OSRAM Licht AG, and Valeo are a few of the key players operating in the global market.


Global Adaptive Headlights Market, By Region, 2019
Adaptive Headlights Market


Source: MRFR Analysis


Europe comprises Germany, France, the UK, Italy, and Spain. Europe is considered as the automotive hub of the world. Major adaptive headlight players, such as Robert Bosch GmbH, HELLA GmbH & Co. KGaA, OSRAM Licht AG, and Valeo, are headquartered in this region. Additionally, the growing demand for headlights, parts, and components from premium German OEMs, such as Mercedes, Audi, and BMW, pushes global market players to enhance and develop their operation network in Europe. Germany is mainly known for its vehicle manufacturing.


The growth of the auto component manufacturing industry in Asia-Pacific is mainly driven by the growing automobile manufacturing industry, especially in countries such as China, India, and Malaysia. Due to this, the global automotive component manufacturers have established their production plants and distribution networks in Asia-Pacific. The market has been experiencing rapid growth in the last two years due to the increasing usage of lighting on vehicles, increasing popularity of LED lights, and technological advancements, giving a much-needed thrust to the adaptive headlights market.


Synopsis


Global Market for adaptive headlights has been segmented based on type, vehicle type, and sales channel. Laser lighting as one of the future headlamp solutions is one of the most promising breakthroughs in automotive lighting and the next major move after halogen, xenon, and LED headlight technologies. The advantage of laser lights is that their brightness is almost four times that of an LED. Lasers use less electricity compared to older light forms, saving battery power. Moreover, these headlights will have the longest range provided by any current headlight technology. This offers the driver improved visibility, resulting in increased road traffic safety. Some of the major car manufacturers have started incorporating laser technology in their vehicles.


Market Segmentation



  • By Type- LED, Xenon, and Halogen

  • Vehicle Type - Passenger car and commercial vehicle

  • Sales Channel - OEM and Aftermarket


Key Questions Addressed by the Report



  • Why is the Adaptive Headlights market expected to grow in the near future?

  • What are the key strategies adopted by market players?

  • In the coming years, at what Compound Annual Growth Rate (CAGR) is the Adaptive Headlights market anticipated to grow?

  • What is estimated to be the worth of the Adaptive Headlights market by 2026?

  • Who are the major participants of the Adaptive Headlights market?

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 17

1.1.1 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY TYPE 17

1.1.2 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE 18

1.1.3 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL 19

1.1.4 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY REGION 20

2 MARKET INTRODUCTION

2.1 DEFINITION 21

2.2 SCOPE OF THE STUDY 21

2.3 MARKET STRUCTURE 21

2.4 KEY BUYING CRITERIA 22

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 23

3.2 PRIMARY RESEARCH 24

3.3 SECONDARY RESEARCH 25

3.4 MARKET SIZE ESTIMATION 26

3.5 TOP-DOWN AND BOTTOM-UP APPROACH 26

3.6 FORECAST MODEL 27

3.7 LIST OF ASSUMPTIONS 28

4 MARKET DYNAMICS

4.1 INTRODUCTION 29

4.2 DRIVERS 30

4.2.1 TECHNOLOGY ADVANCEMENTS IN AUTOMOTIVE LIGHTING SYSTEMS 30

4.2.2 ROAD ACCIDENT DEATHS 30

4.2.3 DRIVERS IMPACT ANALYSIS 32

4.3 RESTRAINT 32

4.3.1 HIGH RAW MATERIALS PRICES AND UNDERDEVELOPED AFTERMARKET SERVICES 32

4.3.2 RESTRAINT IMPACT ANALYSIS 33

4.4 OPPORTUNITY 33

4.4.1 RISING CONCERNS REGARDING ROAD SAFETY 33

4.5 CHALLENGES 34

4.5.1 STRINGENT REGULATIONS REGARDING CERTAIN TYPES OF LIGHTS 34

4.5.2 LACK OF STANDARDIZATION 34

4.6 COVID-19 IMPACT ANALYSIS 35

4.6.1 ECONOMIC IMPACT ON AUTOMOTIVE INDUSTRY 35

4.6.2 IMPACT ON AUTOMOTIVE PRODUCTION 35

4.6.2.1 FORD 35

4.6.2.2 AMERICAN HONDA 36

4.6.2.3 FCA 36

4.6.2.4 KIA 36

4.6.2.5 VOLKSWAGEN 36

4.6.3 IMPACT ON ADAPTIVE HEADLIGHTS INDUSTRY 36

4.6.3.1 IMPACT ON SUPPLY CHAIN 36

4.6.3.2 IMPACT ON RAW MATERIALS 36

4.6.3.3 CASH FLOW CONSTRAINTS 37

4.6.4 IMPACT ON WORLD TRADE 37

5 MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES MODEL 38

5.1.1 THREAT OF NEW ENTRANTS 39

5.1.2 BARGAINING POWER OF SUPPLIERS 39

5.1.3 THREAT OF SUBSTITUTES 39

5.1.4 BARGAINING POWER OF BUYERS 39

5.1.5 INTENSITY OF RIVALRY 39

5.2 SUPPLY CHAIN ANALYSIS 40

5.2.1 DESIGN & DEVELOPMENT 40

5.2.2 COMPONENT SUPPLY 40

5.2.3 MANUFACTURE/ASSEMBLY 40

5.2.4 DISTRIBUTION 41

5.2.5 END USE 41

5.3 TECHNOLOGY TRENDS – FUTURE HEADLAMP SOLUTIONS 41

5.3.1 LASER-BASED LIGHTING SYSTEM 41

5.3.2 SMART DIGITAL HD HEADLAMP 41

5.3.3 MULTIBEAM LED HEADLAMP 42

5.3.4 SMART HEADLIGHTS WITH MACHINE LEARNING 42

6 BLOCK DIAGRAMS

7 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY TYPE

7.1 OVERVIEW 46

7.2 LED 47

7.3 XENON 47

7.4 HALOGEN 47

8 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE

8.1 OVERVIEW 48

8.2 PASSENGER CAR 49

8.3 COMMERCIAL VEHICLE 49

9 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL

9.1 OVERVIEW 50

9.2 OEM 51

9.3 AFTERMARKET 51

10 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY REGION

10.1 OVERVIEW 52

10.1.1 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY REGION, 2020–2027 52

10.2 NORTH AMERICA 53

10.2.1 US 54

10.2.2 CANADA 55

10.2.3 MEXICO 56

10.3 EUROPE 58

10.3.1 GERMANY 59

10.3.2 UK 60

10.3.3 FRANCE 61

10.3.4 ITALY 62

10.3.5 REST OF EUROPE 63

10.4 ASIA-PACIFIC 64

10.4.1 CHINA 64

10.4.2 JAPAN 65

10.4.3 INDIA 66

10.4.4 REST OF ASIA-PACIFIC 67

10.5 REST OF THE WORLD 69

10.5.1 MIDDLE EAST & AFRICA 70

10.5.2 SOUTH AMERICA 71

11 COMPETITIVE LANDSCAPE

11.1 COMPETITIVE OVERVIEW 73

11.2 MAJOR GROWTH STRATEGY IN THE GLOBAL ADAPTIVE HEADLIGHTS MARKET 73

11.3 COMPETITIVE BENCHMARKING 74

11.4 MARKET SHARE ANALYSIS 75

11.5 KEY DEVELOPMENTS IN THE GLOBAL ADAPTIVE HEADLIGHTS MARKET 75

11.5.1 KEY DEVELOPMENTS: MERGERS & ACQUISITIONS 75

11.5.2 KEY DEVELOPMENTS: CONTRACTS & AGREEMENTS 76

11.5.3 KEY DEVELOPMENTS: PARTNERSHIPS/COLLABORATIONS 76

11.5.4 KEY DEVELOPMENTS: EXPANSIONS 76

11.5.5 KEY DEVELOPMENTS: PRODUCT DEVELOPMENTS/LAUNCHES 77

11.6 HEADLIGHT TECHNOLOGY, BY SUPPLIER 78

11.6.1 TECHNOLOGY PROVIDERS 78

12 COMPANY PROFILES

12.1 ROBERT BOSCH GMBH 79

12.1.1 COMPANY OVERVIEW 79

12.1.2 FINANCIAL OVERVIEW 80

12.1.3 PRODUCTS OFFERED 80

12.1.4 KEY DEVELOPMENTS 81

12.1.5 SWOT ANALYSIS 81

12.1.6 KEY STRATEGIES 81

12.2 GENERAL ELECTRIC 82

12.2.1 COMPANY OVERVIEW 82

12.2.2 FINANCIAL OVERVIEW 83

12.2.3 PRODUCTS OFFERED 83

12.2.4 KEY DEVELOPMENTS 84

12.2.5 SWOT ANALYSIS 84

12.2.6 KEY STRATEGIES 84

12.3 HELLA GMBH & CO. KGAA 85

12.3.1 COMPANY OVERVIEW 85

12.3.2 FINANCIAL OVERVIEW 86

12.3.3 PRODUCTS OFFERED 86

12.3.4 KEY DEVELOPMENTS 87

12.3.5 SWOT ANALYSIS 87

12.3.6 KEY STRATEGIES 88

12.4 KOITO MANUFACTURING CO., LTD. 89

12.4.1 COMPANY OVERVIEW 89

12.4.2 FINANCIAL OVERVIEW 90

12.4.3 PRODUCTS OFFERED 90

12.4.4 KEY DEVELOPMENTS 91

12.4.5 SWOT ANALYSIS 91

12.4.6 KEY STRATEGIES 91

12.5 OSRAM LICHT AG 92

12.5.1 COMPANY OVERVIEW 92

12.5.2 FINANCIAL OVERVIEW 93

12.5.3 PRODUCTS OFFERED 93

12.5.4 KEY DEVELOPMENTS 94

12.5.5 SWOT ANALYSIS 94

12.5.6 KEY STRATEGIES 95

12.6 VALEO 96

12.6.1 COMPANY OVERVIEW 96

12.6.2 FINANCIAL OVERVIEW 97

12.6.3 PRODUCTS OFFERED 97

12.6.4 KEY DEVELOPMENTS 98

12.7 STANLEY ELECTRIC CO., LTD. 99

12.7.1 COMPANY OVERVIEW 99

12.7.2 FINANCIAL OVERVIEW 100

12.7.3 PRODUCTS OFFERED 100

12.7.4 KEY DEVELOPMENTS 101

12.8 VARROC LIGHTING SYSTEMS 102

12.8.1 COMPANY OVERVIEW 102

12.8.2 FINANCIAL OVERVIEW 103

12.8.3 PRODUCTS OFFERED 103

12.8.4 KEY DEVELOPMENTS 104

12.9 JOHNSON ELECTRIC HOLDINGS LIMITED 105

12.9.1 COMPANY OVERVIEW 105

12.9.2 FINANCIAL OVERVIEW 106

12.9.3 PRODUCTS OFFERED 106

12.9.4 KEY DEVELOPMENTS 106

12.10 MAGNETI MARELLI SPA 107

12.10.1 COMPANY OVERVIEW 107

12.10.2 FINANCIAL OVERVIEW 107

12.10.3 PRODUCTS OFFERED 107

12.10.4 KEY DEVELOPMENTS 108

12.11 ZKW GROUP 109

12.11.1 COMPANY OVERVIEW 109

12.11.2 FINANCIAL OVERVIEW 109

12.11.3 PRODUCTS OFFERED 109

12.11.4 KEY DEVELOPMENTS 109

12.12 NORTH AMERICAN LIGHTING, INC. 110

12.12.1 COMPANY OVERVIEW 110

12.12.2 FINANCIAL OVERVIEW 110

12.12.3 PRODUCTS OFFERED 110

12.12.4 KEY DEVELOPMENTS 110

13 APPENDIX

13.1 DATA SOURCES 111

14 LIST OF TABLES

TABLE 1 LIST OF ASSUMPTIONS 28

TABLE 2 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 47

TABLE 3 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 49

TABLE 4 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 51

TABLE 5 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY REGION, 2020–2027 (USD MILLION) 52

TABLE 6 NORTH AMERICA: ADAPTIVE HEADLIGHTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 53

TABLE 7 NORTH AMERICA: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 53

TABLE 8 NORTH AMERICA: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 54

TABLE 9 NORTH AMERICA: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 54

TABLE 10 US: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 54

TABLE 11 US: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 55

TABLE 12 US: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 55

TABLE 13 CANADA: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 55

TABLE 14 CANADA: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 55

TABLE 15 CANADA: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 56

TABLE 16 MEXICO: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 56

TABLE 17 MEXICO: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 56

TABLE 18 MEXICO: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 57

TABLE 19 EUROPE: ADAPTIVE HEADLIGHTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 58

TABLE 20 EUROPE: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 58

TABLE 21 EUROPE: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 59

TABLE 22 EUROPE: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 59

TABLE 23 GERMANY: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 59

TABLE 24 GERMANY: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 59

TABLE 25 GERMANY: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 60

TABLE 26 UK: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 60

TABLE 27 UK: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 60

TABLE 28 UK: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 61

TABLE 29 FRANCE: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 61

TABLE 30 FRANCE: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 61

TABLE 31 FRANCE: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 61

TABLE 32 ITALY: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 62

TABLE 33 ITALY: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 62

TABLE 34 ITALY: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 62

TABLE 35 REST OF EUROPE: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 63

TABLE 36 REST OF EUROPE: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 63

TABLE 37 REST OF EUROPE: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 63

TABLE 38 ASIA-PACIFIC: ADAPTIVE HEADLIGHTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 64

TABLE 39 CHINA: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 64

TABLE 40 CHINA: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 65

TABLE 41 CHINA: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 65

TABLE 42 JAPAN: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 65

TABLE 43 JAPAN: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 66

TABLE 44 JAPAN: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 66

TABLE 45 INDIA: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 66

TABLE 46 INDIA: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 66

TABLE 47 INDIA: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 67

TABLE 48 REST OF ASIA-PACIFIC: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 67

TABLE 49 REST OF ASIA-PACIFIC: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 67

TABLE 50 REST OF ASIA-PACIFIC: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 68

TABLE 51 REST OF THE WORLD: ADAPTIVE HEADLIGHTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 69

TABLE 52 REST OF THE WORLD: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 69

TABLE 53 REST OF THE WORLD: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 70

TABLE 54 REST OF THE WORLD: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 70

TABLE 55 MIDDLE EAST & AFRICA: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 70

TABLE 56 MIDDLE EAST & AFRICA: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 71

TABLE 57 MIDDLE EAST & AFRICA: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 71

TABLE 58 SOUTH AMERICA: ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 71

TABLE 59 SOUTH AMERICA: ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 72

TABLE 60 SOUTH AMERICA: ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 72

TABLE 61 KEY DEVELOPMENTS: MERGERS & ACQUISITIONS 75

TABLE 62 KEY DEVELOPMENTS: CONTRACTS & AGREEMENTS 76

TABLE 63 KEY DEVELOPMENTS: PARTNERSHIPS/COLLABORATIONS 76

TABLE 64 KEY DEVELOPMENTS: EXPANSIONS 76

TABLE 65 KEY DEVELOPMENTS: PRODUCT DEVELOPMENTS/LAUNCHES 77

TABLE 66 TECHNOLOGY PROVIDERS 78

TABLE 67 ROBERT BOSCH GMBH: PRODUCTS OFFERED 80

TABLE 68 ROBERT BOSCH GMBH: KEY DEVELOPMENTS 81

TABLE 69 GENERAL ELECTRIC: PRODUCTS OFFERED 83

TABLE 70 GENERAL ELECTRIC: KEY DEVELOPMENTS 84

TABLE 71 HELLA GMBH & CO. KGAA: PRODUCTS OFFERED 86

TABLE 72 HELLA GMBH & CO. KGAA: KEY DEVELOPMENTS 87

TABLE 73 KOITO MANUFACTURING CO., LTD.: PRODUCTS OFFERED 90

TABLE 74 KOITO MANUFACTURING CO., LTD.: KEY DEVELOPMENTS 91

TABLE 75 OSRAM LICHT AG: PRODUCTS OFFERED 93

TABLE 76 OSRAM LICHT AG: KEY DEVELOPMENTS 94

TABLE 77 VALEO: PRODUCTS OFFERED 97

TABLE 78 VALEO: KEY DEVELOPMENTS 98

TABLE 79 STANLEY ELECTRIC CO., LTD.: PRODUCTS OFFERED 100

TABLE 80 STANLEY ELECTRIC CO., LTD.: KEY DEVELOPMENTS 101

TABLE 81 VARROC LIGHTING SYSTEMS: PRODUCTS OFFERED 103

TABLE 82 VARROC LIGHTING SYSTEMS: KEY DEVELOPMENTS 104

TABLE 83 JOHNSON ELECTRIC HOLDINGS LIMITED: PRODUCTS OFFERED 106

TABLE 84 MAGNETI MARELLI SPA: PRODUCTS OFFERED 107

TABLE 85 MAGNETI MARELLI SPA: KEY DEVELOPMENTS 108

TABLE 86 ZKW GROUP: PRODUCTS OFFERED 109

TABLE 87 ZKW GROUP: KEY DEVELOPMENTS 109

TABLE 88 NORTH AMERICAN LIGHTING, INC.: PRODUCTS OFFERED 110

TABLE 89 NORTH AMERICAN LIGHTING, INC.: KEY DEVELOPMENTS 110

15 LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 16

FIGURE 2 GLOBAL ADAPTIVE HEADLIGHTS MARKET ANALYSIS, BY TYPE 17

FIGURE 3 GLOBAL ADAPTIVE HEADLIGHTS MARKET ANALYSIS, BY VEHICLE TYPE 18

FIGURE 4 GLOBAL ADAPTIVE HEADLIGHTS MARKET ANALYSIS, BY SALES CHANNEL 19

FIGURE 5 GLOBAL ADAPTIVE HEADLIGHTS MARKET ANALYSIS, BY REGION 20

FIGURE 6 GLOBAL ADAPTIVE HEADLIGHTS MARKET: MARKET STRUCTURE 21

FIGURE 7 KEY BUYING CRITERIA OF GLOBAL ADAPTIVE HEADLIGHTS MARKET 22

FIGURE 8 RESEARCH PROCESS OF MRFR 23

FIGURE 9 MARKET DYNAMICS: GLOBAL ADAPTIVE HEADLIGHTS MARKET 29

FIGURE 10 ROAD ACCIDENT DEATHS PER LAKH POPULATION (2020) 31

FIGURE 11 DRIVER IMPACT ANALYSIS: GLOBAL ADAPTIVE HEADLIGHTS MARKET 32

FIGURE 12 RESTRAINT IMPACT ANALYSIS: GLOBAL ADAPTIVE HEADLIGHTS MARKET 33

FIGURE 13 PORTER’S FIVE FORCES ANALYSIS: GLOBAL ADAPTIVE HEADLIGHTS MARKET 38

FIGURE 14 SUPPLY CHAIN ANALYSIS: GLOBAL ADAPTIVE HEADLIGHTS MARKET 40

FIGURE 15 ADAPTIVE LIGHTING SYSTEM 43

FIGURE 16 INTELLIGENT AND ADAPTIVE HEADLIGHT WITH ELECTRONIC CONTROLLED POWER STEERING SYSTEM (IAEPS) 43

FIGURE 17 ADAPTIVE FRONT LIGHTING SYSTEM (AFS) 44

FIGURE 18 UNIVERSAL ADAPTIVE HEADLIGHT SYSTEM 44

FIGURE 19 ADAPTIVE HEADLIGHT SYSTEM FOR ACCIDENT PREVENTION 45

FIGURE 20 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020 (% SHARE) 46

FIGURE 21 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 46

FIGURE 22 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020 (% SHARE) 48

FIGURE 23 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 48

FIGURE 24 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020 (% SHARE) 50

FIGURE 25 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY SALES CHANNEL, 2020–2027 (USD MILLION) 50

FIGURE 26 GLOBAL ADAPTIVE HEADLIGHTS MARKET, BY REGION, 2020 (% SHARE) 52

FIGURE 27 PRODUCT DEVELOPMENTS/LAUNCHES: THE MAJOR STRATEGY ADOPTED BY KEY PLAYERS IN GLOBAL ADAPTIVE HEADLIGHTS MARKET 73

FIGURE 28 BENCHMARKING OF MAJOR COMPETITORS 74

FIGURE 29 GLOBAL ADAPTIVE HEADLIGHTS MARKET SHARE ANALYSIS, 2020 75

FIGURE 30 ROBERT BOSCH GMBH: FINANCIAL OVERVIEW SNAPSHOT 80

FIGURE 31 ROBERT BOSCH GMBH: SWOT ANALYSIS 81

FIGURE 32 GENERAL ELECTRIC: FINANCIAL OVERVIEW SNAPSHOT 83

FIGURE 33 GENERAL ELECTRIC: SWOT ANALYSIS 84

FIGURE 34 HELLA GMBH & CO. KGAA: FINANCIAL OVERVIEW SNAPSHOT 86

FIGURE 35 HELLA GMBH & CO. KGAA: SWOT ANALYSIS 87

FIGURE 36 KOITO MANUFACTURING CO., LTD.: FINANCIAL OVERVIEW SNAPSHOT 90

FIGURE 37 KOITO MANUFACTURING CO., LTD.: SWOT ANALYSIS 91

FIGURE 38 OSRAM LICHT AG: FINANCIAL OVERVIEW SNAPSHOT 93

FIGURE 39 OSRAM LICHT AG: SWOT ANALYSIS 94

FIGURE 40 VALEO: FINANCIAL OVERVIEW SNAPSHOT 97

FIGURE 41 STANLEY ELECTRIC CO., LTD.: FINANCIAL OVERVIEW SNAPSHOT 100

FIGURE 42 VARROC GROUP (PARENT COMPANY): FINANCIAL OVERVIEW SNAPSHOT 103

FIGURE 43 JOHNSON ELECTRIC HOLDINGS LIMITED: FINANCIAL OVERVIEW SNAPSHOT 106

Adaptive Headlights Market