Global Automotive Adaptive Front Lighting System Market: Snapshot
An automotive adaptive front lighting system (AFS) enhances distribution of light from the headlights according to driving circumstances. Depending on vehicle speed and steering input, the system points the low-beam headlights toward the direction the driver intends to travel. New passenger vehicles are manufactured every year with innovative electronic and mechanical features that enhance safety and drivability. Adaptive front lighting system redirects low-beam headlamp units in accordance with the steering angle and vehicle speed at night to improve visibility during cornering. They aid in enhancing the passenger safety mainly during night. Active safety given by automotive adaptive front lighting systems assist in keeping a vehicle under control, thereby preventing vehicle accidents and protecting passengers from injury. Considering all these positive driving factors, the demand for automotive adaptive front lighting is likely to rise during the forecast period from 2017 – 2025.
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According to the report, the market is expected to exhibit an exponential CAGR of 52% in terms of revenue.
Xenon Headlights to Remain Most Popular
By vehicle type the global market has been segmented into passenger vehicles, commercial vehicles. The passenger vehicles segment held largest share in 2016 and it is likely to grow at a significant pace during the forecast period. Continuous increase in the production of passenger vehicles equipped with advanced safety features is the key factor in the growth of automotive adaptive front lighting system. Increased commutation by commercial vehicles on account of growing logistics industry, frequent family getaways travelled by the passengers coupled with the growing hub-spoke architecture and round the clock working environment across the globe is likely to raise the overall commute time and requirement for night travels. As failure can lead to huge losses, commercial vehicle owners take extra care to ensure smooth running of these vehicles. This in turn is likely to fuel the growth of the commercial vehicles segment.
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Based on the technology used for automotive adaptive front lighting, the global market has been segmented into xenon headlight, LED headlight, Laser headlight, and OLED headlight. In 2016, the xenon headlight and LED headlight segment held the highest share of the global market. Xenon headlight is xenon arc lamp, which is a specialized type of gas discharge lamp, an electric light that produces light by passing electricity through ionized xenon gas at high pressure. It produces a bright white light that closely resembles with natural sunlight. An LED lamp is an electric light or bulb used in lighting fixtures that produces light using light-emitting diodes. LEDs use only about 10% of the energy an incandescent lamp requires.
Europe and Asia Pacific to Remain Most Promising Regional Markets
Geographically, the global automotive adaptive front lighting market has been segregated into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. In 2016, the largest share of the global automotive adaptive front lighting market was acquired by Europe. Asia Pacific and Europe jointly held about 82% of the market in terms of revenue in 2016. The key factors that are driving the growth of the market in these regions are an increasing need for technologically advanced features for passenger safety and productivity coupled with the incentive to increase manufacturing activities.
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The emerging countries of Asia Pacific are expected to record the highest growth rate during the forecast period such as China and Japan. Increasing production of passenger vehicles, owing to several factors such as lower cost of production, increase in productivity and safety in operation of vehicles are set to drive the market of automotive adaptive front lighting in the this region from 2017 – 2025. Establishment of several outsourcing companies in the south east Asian and Indian subcontinent have raised the necessity for working round the clock requiring, commutation even during night hours, entailing advanced lighting systems during dark hours to avert mishaps. This in turn is likely to boost the demand for adaptive front lighting in the coming couple of years.
Some of the leading companies operating in global the automotive adaptive front lighting market are HELLA GmbH & Co. KGaA., Magneti Marelli S.p.A, Koito Manufacturing co., ltd., Valeo, Stanley Electric CO., LTD., Neolite ZKW, Continental AG, De Amertek Corp, Denso Corporation, Johnson Electric, Hyundai Mobis, Robert Bosch GmbH, Fraunhofer-Gesellschaft, and Texas Instruments Incorporated.
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