Adaptive Headlights Market Demand Analysis, Size, Growth Drivers, Top Players, Developments, Current Trends and Industry Forecast 2030

Adaptive Headlights Market Research Report and Growth Analysis 2022 By Type (LED, Xenon and Halogen), By Vehicle Type (Passenger car and commercial vehicle), By Sales Channel (OEM and Aftermarket) and Region – Forecast till 2030

Adaptive Headlights Market Overview

It is predicted that by 2030, the Adaptive Headlights Market will be worth USD 4,388.9 million, growing at a compound annual growth rate of a CAGR of 20.42%. Active safety elements, such as adaptive lighting, are intended to make riding at nighttime and in other low-light settings safer by enhancing vision around bends or above hills.

If you live in an area where the price is more important than vehicle safety, adaptive headlights may not be a need. Car crashes are on the increase, and so is the public’s attention to the need for car safety. It is anticipated that such a transition would have a medium to high influence on the worldwide adaptive headlights industry throughout the projected period.

Adaptive Headlights Market Key Players

• Robert Bosch GmbH
• General Electric
• HELLA GmbH & Co. KGaA
• Koito Manufacturing Co. Ltd.
• OSRAM Licht AG
• Valeo and Others.

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Adaptive Headlights Industry News

• Hero Motorcorp unveiled the Hero Glamour Xtec in July 2021, a vehicle featuring several cutting-edge amenities, including LED headlights, Bluetooth connection, GPS, XPulse-derived digital instrument dashboard, and a built-in USB charger.
• According to Ford’s announcement in May 2021, its new GPS-enabled headlights will be on sale in 2021. It raises the bar for nighttime driving safety and convenience.

The pandemic has impacted the worldwide adaptive headlights market’s distribution chain, slowing its expansion. These issues have had a devastating effect on the global market and the car industry’s income-generating. Due to their growing use in new cars, automotive parts such as adaptive headlights are in high demand due to the manufacturing of new automobiles. According to this chart, US car production will reach a record high in the first five months of the next year, putting pressure on the whole automotive sector and the adaptive headlights business.

Adaptive Headlights Market Segmentation

In this report, the global adaptive headlights market has been categorized based on the type of vehicle used, the sales channel, and geographical areas.

Autonomous Headlights for Passenger and Commercial vehicles are split by vehicle type. Automobile Adaptive Headlights Market research Industry estimates substantial expansion with a CAGR of 7.32 percent for passenger cars in 2021-2026. These vehicles comprise two-wheelers, tricycles, and automobiles. This segment’s rise may be ascribed to an increase in buying power and rising demand for automobiles, and an increase in the manufacturing and sales of such vehicles.

Adaptive Headlights Market Regional Classification

During the projection period, North America is likely to be a major source of income. A CAGR of 8.1 percent is predicted for the market over the forecast period. In the vehicle, the adaptive lighting industry, technological developments, and an ever-increasing focus on security are the primary drivers due to the requirement for increased visibility at night and in adverse weather situations. This has led to LED lighting being used in automobiles.

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The rise in Asia-auto Pacific’s component manufacturing business is mostly driven by the rise of the automotive business in nations like China and India and Malaysia, and Indonesia. Asia-Pacific has therefore become a major manufacturing and distribution hub for automobile component manufacturers worldwide as a result of this development. Increased use of lighting on automobiles, rising demand for LED lights, and technical improvements have contributed to the adaptive headlights industry’s recent explosive rise.

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

…Continued.

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