- Mid-segment Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Sports Car
- Premium Vehicle
Automotive Adaptive Front Lighting Market size was valued at USD 9,723.2 million in 2022, and is expected to grow at a 13.7% CAGR from 2023 to 2029. Adaptive front lighting systems are the lighting systems used in the automotive which have the ability to adapt and adjust the lightings of the vehicle suitable for the outer surroundings. The lights are adjusted based on the climatic factors and road conditions like rain, fog, day or night, traffic, curve roads. This system delivers a higher visibility to the driver compared to other lighting systems. Most of the adapting lighting system comes with LED as it consumes less energy and provides higher illumination. The rising incidents of fatal accidents, increasing sales in automotive industry and the government mandating the installation of the Adaptive lighting system in the passenger vehicle are the key factors in the adaptive front lighting market. In addition, the adoption of advanced driver assistance system in every automotive vehicle is expected to fuel the automotive adaptive front lighting market across the globe over the forecasted years. The increased manufacturing & availability of counterfeit products available in the market and also the high cost of adaptive light system is expected to hinder the market growth. The adaptive lighting systems are primarily offered in the premium vehicles due to its high cost. Furthermore, the adaptive lights are very complex to install and any mistake may lead to disrupt the whole lighting system of vehicle this may be expected to hold the market growth in the forecasted period. Countries like India, Indonesia, China, Japan has increasing population and is expected to the sales of automobile in region and increase in adopting of advanced technologies may boost the growth of adaptive front lighting system in the market. Geographically, Europe region held the major market share in 2022 and is expected to dominate the global automotive adaptive front lighting market in the forecasted years.
Automotive Adaptive Front Lighting Market Key Developments:
In February 2022, Opel and Technical University of Darmstadt announced their partnership regarding the research in modern lighting technologies.
In May 2021, Ford announced the launch of their new advanced technological GPS headlights which uses GPS to analyze the road condition and illuminate light.
In April 2021, Samsung launched its product PixCell LED an automated LED module for intelligent headlight system.
Fastest Growing Market
Automotive adaptive front headlight system market is growing due to the increase in the sales of automotive vehicles especially in the passenger vehicles, increasing number of fatal accidents with increasing concern of safety among the public and the government mandating regulation policies to install adaptive light system in all automotives are the key factors to propel the adaptive front lighting market across the globe. Furthermore, the advancement of new technologies, and the growing market demand for advanced driving assistance system is expected to boost the growth of adaptive front lighting market across the globe in the forecasted period.
The Automotive Adaptive Front Lighting market size was valued at USD 9,723.2 million in 2022.
The Automotive Adaptive Front Lighting market is poised to grow at a significant CAGR of 13.7% from 2023 to 2029.
The leading players in the global Automotive Adaptive Front Lighting market are Valeo, Magneti Marelli S.p, Osram, Hella, Hyundai Mobis, Continental AG, Denso Corporation, Neolite ZKW, Stanley Electric CO., LTD, Robert Bosch GmbH, Fraunhofer-Gesellschaft, Johnson Electric, General Electric Company, Denso Corporation, Ichikoh Industries, Koito Manufacturing Co., Ltd, Philips, Robert Bosch GmbH, Stanley Electric Co. Ltd
Historic years considered for the market study are 2018 through 2022, 2022 is considered as the base year for market estimation and Seven years forecast presented from 2023– 2029.