Automotive Smart Lighting Market - Growth, Trends, and Forecast (2020 - 2025)
|出版商||Mordor Intelligence Pvt Ltd||商品編碼||938159|
|出版日期||內容資訊||英文 70 Pages
|汽車用智慧照明市場:成長，趨勢，預測(2020年∼2025年) Automotive Smart Lighting Market - Growth, Trends, and Forecast (2020 - 2025)|
|出版日期: 2020年05月01日||內容資訊: 英文 70 Pages||
The market is poised to register a CAGR of over 8% during the forecast period (2020 - 2025).
Exterior lightening will lead the automotive smart lighting market.
Leading automotive OEMs and lighting system manufacturers are spending of huge amount on research and development of exterior lights for future vehicles. OLEDs are now been used in external panels by carmakers to alert the pedestrians and other vehicles about the driver's move.
HELLA is developing a new automotive headlamp technology Digital Light SSL, which will go into production by 2022. With over 30,000 light points, it provides a wide variety of new safety- and comfort-relevant function, such as optical lane assistants, and projected protection zones for pedestrians and cyclists.
Similarly, it is developing a new lighting system for commercial vehicles in which work light and individual LED can be controlled independently even without their wiring harness. It becomes practical due to a new gateway that communicates with the machine's existing user interface using CAN- or LIN- BUS and transfers command to the work lights.
Asia-Pacific is Anticipated to Lead the Automotive Smart Lighting Market
Exterior lighting norms are different when we move from one region to another, for instance, in the United States low beam of any vehicle can be used for illuminating both lanes, while in Europe the focus is more on illuminating own lane. When it comes to legislation, in the United States there is permitted for the main light functions of low beam, fog light, and high beam, while in the Europe dynamic distribution of light up to digital glare-free high beam is permitted.
The Asia-Pacific is among the leading automobile producer and market in the world in 2019 China sold around 25.78 million vehicles. China, India, and Japan are the major economies in the regional market that are anticipated to grow at a faster rate in the global market.
The local automotive lightning manufacturers are doing a partnership with other market participants to develop next-generation smart lights for their future vehicles. For instance, in January 2020, HELLA BHAP Electronics a joint venture of HELLA and BHAP started production in their new plant in China. The new plant will produce sunroofs, lighting electronics, products related to energy management, and driver assistance.
The automotive smart lighting market is moderately consolidated and majorly dominated by a few players, such as Hella, Osram. The market is highly driven by factors like advanced technology, more use of sensors, growing investment in R&D projects, and growing market of electric and autonomous vehicles. To provide more luxurious experience to the car owner, major automotive smart lighting manufacturers are developing new technology for the future and acquiring small players to expand their market reach. For instance,